GreenBiz
AUGUST 24, 2020
Mon, 08/24/2020 - 01:15. Investors are already concerned about stranded asset risk in large swathes of the economy, such as energy, utilities, transportation and infrastructure. This is why investors want financial regulators to tackle climate risk. Ravi Varghese. To reduce this risk, regulators in the U.S.
Corporate Knights
FEBRUARY 14, 2023
When Bernard Looney became CEO of BP in 2020, he promised to reinvent the British oil major as a “leaner, faster-moving and lower-carbon company.” Last week, BP said it will cut its Scope 3 emissions by only 20% to 30% by the end of the decade – a significant reversal from its original 35% to 40% target announced in 2020.
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GreenBiz
FEBRUARY 4, 2021
BlackRock’s sustainability activity leads its investment megafirm cohort of Vanguard, Fidelity and State Street Global Advisors, which together manage 20 percent of global publicly listed securities , an aggregate $20 trillion assets under management at the end of last year. Fink’s signal is not loud enough, especially for those in the back.
Chris Hall
NOVEMBER 1, 2024
In 2020, her successor Boris Johnson launched a 10-point plan for a Green Industrial Revolution. Stranded assets Speaking later with ESG Investor , Lord Deben stressed that stranded assets – when investment assets become liabilities – will present a significant challenge for investors in the transition to a low-carbon economy.
Corporate Knights
OCTOBER 7, 2024
Agencies and organisations like the International Energy Agency and the United Nations have raised concerns about the effects of crypto mining – particularly Bitcoin, the best-known crypto asset. Is Bitcoin the next stranded asset? RELATED: Ethereum goes green overnight. But there's a catch.
Corporate Knights
MARCH 22, 2023
The dashboard shows that sustainable investments composed nearly 13% of the pension funds’ total assets of $2.2 trillion at the end of 2020. If Canada’s pension fund managers don’t take sustainability seriously, he adds, “they could get caught with stranded assets, which will cost their pensioners a lot.”
Corporate Knights
OCTOBER 11, 2022
While some investments are neutral (deemed neither “clean” nor “dirty”), in many cases these companies are still investing most of their capital into assets that will either lock in further GHG emissions or become stranded assets as the energy transition takes shape. dollars) through 2030. Top Company Profile. Making the cut.
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