Corporate Knights

JULY 25, 2023

In a release Monday, Oil Change International placed the total at $50 billion since 2019. The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Carbon Capture Backed by Carbon Offsets?

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Sustainable Development Network

AUGUST 30, 2019

A common message from Professor Jeffrey Sachs, Director of SDSN, is the critical need to articulate a clear long-term vision and not an incremental approach in order to avoid stranded assets and technology lock-in which will inhibit the energy transformation necessary to achieve the Paris Agreement goals.

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3BL Media

SEPTEMBER 29, 2023

For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5

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Chris Hall

AUGUST 12, 2022

The primer added: “Challenges to the actions – and inactions – of companies and their directors are starting to emerge,” citing the judgment in the Netherlands on May 26 2021, ordering Royal Dutch Shell reduce its CO2 emissions by 45% from 2019 levels by the end of 2030.”.

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Chris Hall

AUGUST 8, 2024

This leaves it heavily exposed to reputational, regulatory and stranded-asset risk, leading many investors to avoid it. By 2035, it has committed to halve its Scope 1, 2, and 3 emissions from a 2019 baseline, with goals to hit net zero by 2050. For a carbon-intensive business, Glencore has relatively ambitious climate targets.

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Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

APRIL 14, 2023

We have a clear dialogue with a company before they are blacklisted but will continue to engage because we want to be able to invest in them again.” Stranded assets AP7 is a member of the Paris Aligned Asset Owners Initiative, a global group of 56 asset owners with over US$3.3

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Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” C threshold, assume immediate action and deep climate emission reductions of 43% from 2019 levels by 2030, 60% by 2035, 69% by 2040, and 84% by 2050.

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