Corporate Knights

JULY 25, 2023

The announcement is meant to deliver on the 2023 subsidy phaseout deadline contained in Prime Minister Justin Trudeau’s December, 2021 mandate letters to Guilbeault and Finance Minister Chrystia Freeland. increase in 2021, the Canadian Climate Institute reported in February). billion for the first nine months of 2021/22.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

ESG Today

MARCH 14, 2024

Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,” the first update to its “Powering Progress” strategy, launched in 2021, outlining the company’s climate transition roadmap and goals.

Net Zero 105

Net Zero Stranded Assets Paris Agreement Climate Change 105

3BL Media

AUGUST 8, 2022

The Corporate Sustainability Reporting Directive (CSRD) , launched in 2021 in the EU, is a non-financial reporting directive to introduce even more detailed reporting requirements for large companies, including an obligation for companies to digitally tag reported information.

CDP 130

CDP Stranded Assets Integrated Reporting Climate Change 130

Chris Hall

JANUARY 30, 2024

Financial institution focus Following successful litigation in 2021, a Dutch court required Shell to slash its emissions by 45% by 2030 and held the firm responsible for Scope 3 emissions from its value chain.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

APRIL 14, 2023

These shareholder proposals also encourage banks to be mindful of facilitating and upholding business plans that invest in the development of new assets at disproportionate risk of becoming stranded assets. Proponents of the resolutions acknowledge the near-term need for fossil fuels. US and Canadian banks need to get on board.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

Chris Hall

AUGUST 12, 2022

Noting that the number of court cases being brought against companies on climate-related grounds has recently topped 2,000, the report says some plaintiffs are seeking to recover the costs of climate change itself, or the expense caused by having to adapt to it. Resort to the courts. Vital role of non-execs.

Climate Change 52

Climate Change Stranded Assets Paris Agreement UNEP 52

Chris Hall

MARCH 16, 2022

The UN’s Second World Ocean Assessment report published in 2021 found that a failure to achieve the integrated management of human uses of coasts and the ocean is increasing risks to the benefits traditionally drawn from the ocean, including food safety and security. What is the scale of the problem?

UNEP 98

UNEP Banking Paris Agreement Stranded Assets 98

Chris Hall

JANUARY 30, 2024

Financial institution focus Following successful litigation in 2021, a Dutch court required Shell to slash its emissions by 45% by 2030 and held the firm responsible for Scope 3 emissions from its value chain.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

SEPTEMBER 13, 2023

“It’s a dangerous game to play, and it is undermining investor confidence; there are certain issues, like climate change, where political games shouldn’t be played.” Matthew isn’t the only one dissatisfied with progress.

Net Zero 89

Net Zero Climate Change Stranded Assets Green Investing 89

Envirotec Magazine

SEPTEMBER 17, 2021

These countries need affordable, reliable and clean energy to support their socio-economic development and to mitigate climate change. “We continue to see significant investment in coal-fired power generation in countries with high rates of energy poverty.

Net Zero 52

Net Zero Stranded Assets COP26 Development 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

OCTOBER 10, 2022

Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy. In addition, institutions should have interim decarbonisation targets that are “consistent” with the 2030 target, set by the Intergovernmental Panel on Climate Change , of reducing CO2 emissions by around 45% from 2010 levels.

Net Zero 52

Net Zero Stranded Assets Banking UNEP 52

Chris Hall

APRIL 21, 2023

“These investors have filed their shareholder resolutions with the finance sector in response to the growing climate crisis and the failure to limit global warming to 1.5°C In 2021, insured natural catastrophe losses reached around US$110 billion, according to Swiss Re, making it the third-costliest catastrophe year since 2011.

Banking 52

Banking Net Zero Stranded Assets Climate Change 52

Richard Matthews

FEBRUARY 21, 2022

To illustrate, BlackRock, the world’s leading investment firm, with more than $7 trillion worth of assets under management, has announced that climate will play a central role in investment considerations. Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector.

Impact Investing 76

Impact Investing Value Creation Net Zero Stranded Assets 76

Chris Hall

MARCH 2, 2022

The EU only built 11GW of new wind farms in 2021, with plans to expand this by 18GW a year over the course of 2022-26, according to a report by WindEurope, a Brussels-based association. Increasing gas infrastructure must be avoided to avert dangerous climate impacts and stranded assets.”.

Net Zero 98

Net Zero Stranded Assets Global Economy Supply Chain 98

Chris Hall

OCTOBER 10, 2022

Accomplish suggested asset managers should expect to be asked ‘how are you tracking public policy signals that could drive investment risks and stranded assets, e.g. likelihood of carbon taxes for climate change?’ A long way to go”.

Sustainable Investment 52

Sustainable Investment Stranded Assets Negative Screening Divestment 52

Chris Hall

MAY 11, 2022

In late April, the UK High Court ruled that charity trustees can consider climate change factors when making decisions over their investments, even if it means making lower returns. How are attitudes changing? How should I respond to wider systemic risks – and opportunities – such as those presented by climate change?

UNEP 52

UNEP Net Zero Sustainable Investment Stranded Assets 52

Chris Hall

AUGUST 23, 2023

Some companies will start acting and some won’t; there’s more risk of stranded assets.” What role should investors play? The Organisation for Economic Co-operation and Development (OECD) has estimated that maritime trade volumes will triple by 2050. of global international shipping demand, the IEA said.

Shipping 81

Shipping Net Zero Stranded Assets Development 81

Chris Hall

SEPTEMBER 29, 2023

According to the International Energy Agency , the world needs to cut 90% of coal use by 2050 and phase out all unabated coal power plants by 2040 to achieve net-zero emissions and avoid the worst impacts of climate change. These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early.

Development 69

Development Net Zero Supply Chain Supply Chains 69

Chris Hall

NOVEMBER 16, 2022

VCMs have logged rapid growth in recent years, reaching nearly US$2 billion by the end of 2021, and expected to reach US$50 billion by 2030. And a report released in Sharm El Sheikh by the Independent High-Level Expert Group on Climate Finance said the overall cost of supporting climate action in developing countries could rise to US$2.4

Net Zero 52

Net Zero Paris Agreement Carbon Offsets Greenwashing 52

Chris Hall

APRIL 20, 2022

The recent Intergovernmental Panel on Climate Change (IPCC) working group III report on climate change mitigation identified carbon capture and storage (CCS) as an integral element in reducing GHG emissions across the energy sector. What is carbon capture and storage?

Net Zero 52

Net Zero Development Climate Change Stranded Assets 52

Chris Hall

JULY 20, 2022

The IEA blueprint involves unprecedented levels of change, the agency admits, and requires clear government strategies and policies. SAS would achieve all Africa’s energy-related development goals “on time and in full”, as well as meeting climate change commitments. of GDP), with two ? thirds going to clean energy. .

Net Zero 52

Net Zero Development Stranded Assets Chief Sustainability Officer 52

Corporate Knights

JANUARY 25, 2023

The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. On the face of it, it is.

Climate Change 313

Climate Change Net Zero Stranded Assets Shipping 313

Chris Hall

APRIL 27, 2022

In 2021, global electric vehicle (EV) sales more than doubled to 6.6 Moreover, all of the net growth of global car sales in 2021 came from the sale of EVs. China has emerged as a driver of the global EV market, almost tripling sales in 2021 to reach 3.4 This represented a tripling of EV’s market share from two years earlier.

Net Zero 52

Net Zero Manufacturing Supply Chain Supply Chains 52

We Mean Business Coalition

NOVEMBER 12, 2021

Preparing for the storm: The role of UK business and government in improving UK resilience to climate change in the UK’ explores how leading UK businesses are already increasing community resilience through climate adaptation strategies and action. including Israel and Ecuador. to halve emissions by 2030 — and how U.S.

COP26 88

COP26 Net Zero Paris Agreement Development 88

Jon Hale

SEPTEMBER 1, 2022

Republican women care more about climate change than Republican men, something Rupp expects will be reflected in their investing decisions: “Also, Research by McKinsey found that in the US more than two-thirds of wealth will be held by women by 2030… and Republican Women care more about Climate issues than Republican men.

Climate Change 52

Climate Change Net Zero Stranded Assets Supply Chain 52

Chris Hall

MAY 4, 2022

Only 1% of over 13,000 corporates across 13 industries and 117 countries disclosed against 24 key climate transition plan indicators, according to a 2021 report by sustainability disclosure platform CDP. Holding companies accountable will likely help to “substantially reduce” the level of anti-climate change lobbying, he adds. .

Net Zero 52

Net Zero Carbon Offsets Paris Agreement Climate Change 52

Richard Matthews

SEPTEMBER 20, 2021

As reported by Newsweek , an NCSE survey revealed that teachers offer their students very little climate education and when they do, it is often inaccurate (60% of teachers are unaware of the scientific consensus on climate change). trillion climate-focused infrastructure bill. Petro-pedagogy targeting kids.

Divestment 62

Divestment Climate Change Stranded Assets Paris Agreement 62

Corporate Knights

APRIL 30, 2025

Prime Minister Mark Carney rode to victory in Canadas federal election on April 28 while offering two seemingly contradictory promises: supporting Canadas oil and gas industry while confronting climate change. The consumer levy had been a key pillar in Trudeaus climate strategy.

Climate Change 234

Climate Change Stranded Assets Net Zero Banking 234

Chris Hall

APRIL 22, 2025

The European Banking Authoritys implementation of Basel III includes Pillar 3 reporting requirements that stipulate annual template-based disclosures on physical and transition risks, plus two metrics that measure changes in the exposure of bank assets to climate change.

Banking 52

Banking Net Zero Paris Agreement Stranded Assets 52

Chris Hall

MARCH 29, 2022

Shareholders at other North American banks – including Bank of America, Goldman Sachs, Wells Fargo, Bank of Montreal and TD Bank – have also filed proposals asking for lending and financing policies consistent with the IEA’s scenario for limiting climate change to 1.5 Risk of stranded assets . degrees Celsius.

Net Zero 52

Net Zero UNEP Banking Stranded Assets 52

Corporate Knights

MARCH 24, 2025

But a faster reduction in gas-fired generation would help reduce demand for a fossil fuel whose primary component, methane, is about 84 times more potent a greenhouse gas over the 20-year span when humanity will be scrambling to get climate change under control. Specialized components face even longer delays.

Supply Chain 157

Supply Chain Supply Chains Manufacturing Stranded Assets 157