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Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement. Mon, 11/30/2020 - 01:00. As with the financial divestment movement, there is a valid debate about whether engagement with high-carbon firms that are working to reduce their emissions is more effective than simply severing ties.

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The biggest carbon losers

Corporate Knights

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic.

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Are lawyers and accountants doing enough on climate change?

GreenBiz

Tue, 10/13/2020 - 01:40. health insurers are all invested in the fossil fuel industry" and will call on insurers to divest from these companies, calling them "the greatest threat to human health.". Are lawyers and accountants doing enough on climate change? Joel Makower. Follow the money, indeed. Corporate Strategy.

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HSBC to Exit Coal Investments

ESG Today

HSBC Asset Management unveiled a new policy today to phase out its investments in coal-fired power and thermal coal mining, with plans to ramp engagement with companies on transitioning away from thermal coal, and to divest from companies over time with inadequate transition plans. C objectives or clear divestment pathways.

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Carbon Metrics Key to Investors’ Net Zero Path

Chris Hall

Choosing the right method to measure portfolio emissions is crucial to investors’ alignment with the Paris Agreement, and should reflect their strategy. Reasons are manifold but include better risk management, earlier identification of stranded assets, and the realisation that Paris Agreement goals are in jeopardy.

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AP7 Bets on Active Ownership for Climate Transition

Chris Hall

The active investment mandate will identify and invest in companies considered laggards in their climate-related progress, but which have the potential to align with the goals of the Paris Agreement.

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EU Guidance on Net Zero Cooperation Due in Q2 2022

Chris Hall

Following a consultation initiated in September 2020, the Commission has accepted the need to provide clarity on the circumstances in which cooperation on sustainability-related objectives is permissible. “The Commission has been quite open about wanting to see competition as a tool for delivering sustainability goals,” said Kirrage.