3BL Media

FEBRUARY 18, 2022

To capture unrealized value and move toward net zero, investors should continue to invest and prioritize active engagement with ESG laggards on their response to climate change and management of greenhouse gas (GHG) emissions. But this approach misses out on untapped value and potential in the companies that have room to improve.

Net Zero 246

Net Zero Climate Change Divestment COP26 246

Chris Hall

MAY 17, 2022

The California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS) have “wildly exaggerated” the costs of divesting fossil fuel holdings, according to climate activist group Fossil Free California (FFC). Counting the costs. The funds have estimated combined holdings of US$11.5

Divestment 52

Divestment Net Zero Climate Change 52

3BL Media

FEBRUARY 22, 2022

Gwenaelle joined Schneider Electric in 2021 as Senior-Vice President of Corporate Strategy. As a member of the Executive Committee, Gwenaelle will preside over developing and deploying strategic, sustainability and quality & customer satisfaction initiatives, while steering all mergers, acquisitions and divestment activities globally.

Digital Transformation 130

Digital Transformation Digitalization Divestment Climate Change 130

Corporate Knights

FEBRUARY 16, 2022

On average, 58% of revenues earned by Clean200 companies are classified as clean, which is up from 39% in 2021 and significantly above the 20% average clean revenue for their MSCI ACWI peers. Cement carbon laggards Companies in the cement industry that were divested by NBIM. Source: CK) 1. Source: CK) 1. Source: CK, AYS) 10.

Net Zero 360

Net Zero Negative Screening Divestment Manufacturing 360

ESG Today

NOVEMBER 16, 2023

The report noted, however, that these levels were below those of a prior 2021 survey, despite the fact that fewer investors disagreed with these statements, with more investors instead being “neutral” on these issues.

Greenwashing 126

Greenwashing Divestment Sustainable Investment Climate Change 126

Chris Hall

FEBRUARY 4, 2022

The LGPS members that join LAPFF become part of a formidable collective that has been influential in driving positive corporate change. In 2021 LAPFF engaged with 171 companies, many of those major international organisations that make up the indexes to which the funds are exposed in their passive equity strategies.

Net Zero 98

Net Zero Divestment Supply Chain Supply Chains 98

ESG Today

APRIL 10, 2023

The asset manager’s increased engagement activity was outlined in its newly release Stewardship Report 2022, which indicated that AXA IM conducted 596 engagements with 480 entities during the year, up from 283 engagements with 245 entities in 2021.

Divestment 98

Divestment Climate Change Development 98

Chris Hall

JANUARY 23, 2024

Shell is due to publish the first update to its 2021 energy transition plan this year, which will be brought to an advisory vote at its 2024 annual general meeting (AGM). It may clean up the portfolio, but it doesn’t clean up the world.” Nest also views climate change as a systemic risk. Hold or fold?

Divestment 72

Divestment Paris Agreement Net Zero Climate Change 72

3BL Media

APRIL 19, 2022

This step will help you identify the riskiest physical locations and products to divest from and access public incentives. You can also divest from risky assets and manage risk within the supply chain. Looking ahead to 2021, Jack Henry & Associates needed to identify their key priorities and guiding principles.

Divestment 130

Divestment Development Climate Change Supply Chain 130

Chris Hall

APRIL 1, 2022

The California State Teachers’ Retirement System (CalSTRS) educator-only pension fund will oppose corporate directors moving too slowly to achieve board diversity or significantly address climate change, according to its 2022 voting strategy. . If necessary, we will support a change in leadership to meet these standards.” .

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

Chris Hall

FEBRUARY 16, 2022

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. And it isn’t the way that we as active investors have maximised our returns over time.”.

Net Zero 52

Net Zero Divestment Climate Change Chief Sustainability Officer 52

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. But the pension fund exceeded the original targets by 2021, and decided to up its ambition. “We

Divestment 81

Divestment Net Zero Climate Change COP26 81

ESG Today

DECEMBER 7, 2022

Vanguard joined NZAM in March 2021 , and, with over $7 trillion in assets, is among its largest signatories. Vanguard said: “This change in NZAM membership status will not affect our commitment to helping our investors navigate the risks that climate change can pose to their long-term returns.

Net Zero 130

Net Zero Divestment Decarbonize Banking 130

Chris Hall

MARCH 27, 2024

The oil and gas major’s Scope 3 commitments are muted but welcome, as expansion plans continue to prevail over sustainability targets. When Shell published its first energy transition strategy in 2021, investors and climate-focused NGOs alike were underwhelmed , with some even co-signing an open letter denouncing the plan.

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133

3BL Media

AUGUST 3, 2022

per share, in the second quarter of 2021. per share in the second quarter of 2021. Income/(Loss) ($ millions) 2021. Diluted Earnings (Per Share) 2021. Q/Q Change. per share compared to the second quarter of 2021, driven by the scheduled recovery of Energy Strong II investments and the CIP. Net Income/(Loss).

Divestment 130

Divestment Net Zero Supply Chains Supply Chain 130

Chris Hall

JANUARY 20, 2023

In Q4 2021, around 30 Canadian institutional investors formed Climate Engagement Canada, an initiative leveraging the practices of Climate Action 100+, but focused on enhancing investor dialogue on climate transition with Canadian firms.

Net Zero 98

Net Zero Divestment Development Climate Change 98

James Militzer

MARCH 2, 2023

These young people have grown up under the shadow of climate change, and they rightly view it as a threat to their future. The University of Michigan Endowment Fund: Divesting from Fossil Fuels (Published 9.9.2020) In September 2019, there were climate change strikes at the University of Michigan.

Supply Chains 98

Supply Chains Supply Chain Climate Change Development 98

GreenBiz

MAY 17, 2021

The 2021 GreenBiz 30 Under 30. Mon, 05/17/2021 - 00:01. Our honorees for 2021 are intrepid startup founders, tenacious corporate innovators and determined public servants. Betley feels heartened to see a young generation taking a stand on climate change. while mitigating impacts of climate change," Buckles says.

Waste 517

Waste Climate Change Supply Chain Supply Chains 517

Stanford Social Innovation

JANUARY 28, 2022

Currently, we’re facing a problem that is global in scale, that disproportionately will impact youth, and that adults mostly created: the climate crisis. In the simple words of Ugandan youth climate activist Vanessa Nakate at the 2021 Youth4Climate Summit in Milan, “It’s time.”

Climate Change 132

Climate Change Divestment 132

Chris Hall

MARCH 16, 2023

Pension scheme says country’s new framework will support its net zero strategy; asserts that divestment of fossil fuels amounts to “passing the buck ”. Engagement over divestment The Canadian Pension Climate Report Card , which benchmarks schemes’ decarbonisation efforts, criticised HOOPP for lack of ambition in January.

Net Zero 52

Net Zero Divestment Climate Change Green Investing 52

Chris Hall

OCTOBER 18, 2023

The Alliance uses the Intergovernmental Panel on Climate Change (IPCC) 1.5°C C no/low overshoot scenarios state that the global economy needs to decarbonise by 22%-32% for 2025 and 40%-60% for 2030 from 2020. The progress report also underlined the significance of climate solution investments, with US$380.6

Net Zero 69

Net Zero Global Economy Divestment Climate Change 69

GreenBiz

JANUARY 25, 2021

How Wall Street can win on climate In 2021. Mon, 01/25/2021 - 01:00. This year, financial institutions must make a significant leap forward on climate — from pledges to progress. But for the vast majority of firms, the real work of implementing climate and ESG integration is ahead. Ben Ratner. Contributors.

Net Zero 478

Net Zero Divestment Decarbonize Banking 478

Chris Hall

FEBRUARY 11, 2022

In the UK, the Competition & Markets Authority (CMA) gave detailed guidance in January 2021 to businesses and trade associations on the treatment of sustainability agreements under UK competition law. At a national level, Germany’s Federal Cartel Office is seen as treating green cooperative initiatives on a case-by-case basis.

Net Zero 97

Net Zero Climate Change Paris Agreement Divestment 97

Chris Hall

JANUARY 30, 2024

The risk could also manifest in strategic litigation being brought or encouraged by NGOs seeking to compel or exert pressure on investors to change investment strategy. Airlines in the EU and US have also faced litigation over accusations of greenwashing.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

JANUARY 26, 2022

Aviva Investors expressly referred to divestment as a potential strategy to achieve these goals. State Street Global Advisors’ (SSGA) CEO, Cyrus Taraporevala, said in his letter to CEOs that the manager will support the acceleration of the systemic transformations underway in climate change and the diversity of boards and workforces.

Divestment 52

Divestment Net Zero COP26 Climate Change 52

3BL Media

AUGUST 1, 2022

billion in 2021. trade policies, (20) risks related to recycling and recycled content laws and regulations, (21) risks related to climate-change and air emissions, including related laws or regulations and the other risk factors discussed in the company's filings with the Securities and Exchange Commission. . plants in 19?countries,

Manufacturing 130

Manufacturing Divestment Supply Chain Supply Chains 130

3BL Media

MAY 26, 2022

In its recent ESG Investor Survey , PwC found that 49% of investors globally would divest from companies that are not taking sufficient action on ESG issues, and 79% identified a firm’s management of ESG risks and opportunities as an important factor in investment decision-making.

Supply Chains 130

Supply Chains Supply Chain Waste Manufacturing 130

Chris Hall

SEPTEMBER 6, 2024

But all that changed when the Bank of England began raising interest rates in late 2021. “It It wasn’t just in the water sector where people made long-term bets around that time, not believing in the possibility of structural change,” Huxham said.

Climate Change 83

Climate Change Divestment Banking Development 83

Chris Hall

NOVEMBER 4, 2022

While responding to customer or limited partner demand for ESG investments, funds are also looking to ESG-screened investments to outperform other investments because they have identified and better managed macro risks such as climate change and social unrest. oriented investment funds in 2021. [1] A second group of anti?ESG

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

MARCH 22, 2023

Countries are already dealing with massive movement of peoples due to war and conflict, and now increasingly climate disasters from outside their borders, and within. Countries are already dealing with massive movement of peoples due to war and conflict, and now increasingly climate disasters from outside their borders, and within.

Divestment 52

Divestment Climate Change Supply Chain Supply Chains 52

Chris Hall

SEPTEMBER 21, 2022

“Climate risk has long-term and systematic characteristics, and outcomes and trajectories are associated with great uncertainty. Mitigating and adapting to climate change is also associated with significant economic opportunities.” . Raising ambition .

Net Zero 52

Net Zero Climate Change Carbon Offsets Divestment 52

Chris Hall

SEPTEMBER 6, 2024

Not the end of the road – Chinese-owned automobile manufacturer Volvo said it would not be able to honour its 2021 pledge to phase-out fossil-fuelled cars beyond 2030. Speaking at the event, UN Climate Change Executive Secretary Simon Stiell noted the risks of desertification across the continent, which is claiming 4.4

Divestment 80

Divestment Net Zero Climate Change Banking 80

Chris Hall

JUNE 14, 2024

Having published a report claiming “bullying” of members by the investor-led Climate Action 100+ (CA100+) coalition, the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Anti-trust heard from investor network Ceres, shareholder advocacy group As You Sow and CalPERS – the US’s largest public pension fund.

Paris Agreement 78

Paris Agreement Sustainable Investment Climate Change Divestment 78

Chris Hall

MARCH 10, 2022

The DWP issued a consultation last October on proposed changes to the Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations 2021 to require trustees to calculate and disclose a portfolio alignment metric to show alignment with the goal of limiting climate change to 1.5

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

OCTOBER 6, 2022

Investors continue to suffer from poor-quality climate-related information in company reports and other statements, particularly from firms with the highest CO2 emissions. That’s the finding of a major new report by Carbon Tracker, the independent think tank that researches the effects of climate change on financial markets.

Divestment 52

Divestment Net Zero Stranded Assets Greenwashing 52

Chris Hall

MAY 19, 2022

It assesses the climate-related commitments and performance of 166 focus companies – typically the world’s highest emitters – against its Net Zero Company Benchmark , which was launched in March 2021 and covers emissions reduction, governance and disclosure themes. . Only ten of the 29 have reported on that progress. .

Net Zero 52

Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

SEPTEMBER 7, 2023

Last month , a panel of UN-appointed human rights specialists sent letters to Aramco and its financiers – including BNP Paribas and Goldman Sachs – warning that the company may be in violation of global human rights rules due to its significant contribution to climate change.

Net Zero 80

Net Zero Carbon Offsets Paris Agreement Divestment 80