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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. Almost immediately in response to the Clean Creatives campaign, communications consultancy Porter Novelli announced it would end its working relationship with the American Public Gas Association from 2021. Michael Holder. Mon, 11/30/2020 - 01:00.

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The biggest carbon losers

Corporate Knights

As a group, over the course of the past decade (2012 to 2021) these 20 companies slashed their net GHG emissions (Scope 1 and 2) by 43%, from 862 million tonnes to 489 million tonnes. 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.

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Four key lessons from the world’s top responsible investors

Corporate Knights

As of 2021, the collective assets under management represented by all PRI signatories – a group committed to incorporating environmental, social and governance (ESG) factors into their investment decisions – was more than US$121 trillion. We buy and sell companies all the time for a variety of reasons, quite frankly.”

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The time for engaging with fossil fuel companies is over

Corporate Knights

The Church of England has announced it will divest from Shell, finally acknowledging the failure of more than a decade of investor efforts to convince the oil and gas sector to align with global climate goals. The respected investor is now divesting from all fossil fuels by the end of 2023 and will no longer try to engage with oil and gas.

Net Zero 201
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Shell’s Empty Transition Promise

Chris Hall

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.

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Shell U-turn Prompts Closer Investor Scrutiny

Chris Hall

trillion) in AUM co-filed a climate resolution at Shell, calling for the European oil and gas major to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement. Earlier this month, 27 institutional investors with €4 trillion (US$4.6 Hold or fold?

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Dutch Pension Fund Draws Line in Sand for Fossil Fuels

Chris Hall

Pledge to divest over next two years follows mounting pressure from protesters. Pensioenfonds Zorg en Welzijn (PFZW) has announced it will stop investing in companies in the fossil fuel sector that do not commit to the Paris Agreement and ambitions outlined at COP26. Setting a 1.5°C