Remove 2020 Remove Divestment Remove Paris Agreement
article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

The 10 Big Things To Watch Across World’s Energy Markets in 2023

3BL Media

The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement. The divestment movement will wane. million in 2020 to over 10 million in 2022. In China, prices are languishing below $10 per ton. - Electric Vehicles – Another Record Year.