3BL Media

AUGUST 3, 2022

PER SHARE PSE&G to Invest $511 Million through Infrastructure Advancement Program Re-Affirms 2022 Non-GAAP Operating Earnings Guidance of $3.35 - $3.55 August 3, 2022 /3BL Media/ - Public Service Enterprise Group (NYSE: PEG) reported Net Income of $131 million, or $0.26 Income/(Loss) ($ millions) 2022. per Share .

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3BL Media

AUGUST 9, 2024

According to Polman, businesses today are called upon to help find answers for the two major challenges we are facing: climate change and growing inequality. According to Polman, companies should put themselves on the front line and support governments that cannot solve these problems alone.

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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.

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Chris Hall

OCTOBER 5, 2022

Role of active stewardship across environmental and social themes emphasised at ESG Risk & Investment Asia 2022. . An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. .

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Chris Hall

MARCH 4, 2022

More than half of divestments by Norges Bank Investment Management (NBIM) last year were the result of unacceptable social and governance-related risks. This can escalate action to voting, and, when necessary, resort to risk-based divestment. trillion in assets under management (AUM). trillion in assets under management (AUM).

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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. trillion in assets under management as of January 31, 2022. Engaging for Net Zero.

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Corporate Knights

OCTOBER 17, 2022

Adam Scott is d irector and Patrick DeRochie is s enior m anager for Shift Action for Pension Wealth and Planet Health, a charitable initiative that tracks the climate strategies of Canadian pension funds and works to protect pensions and the climate by bringing together beneficiaries and their pension managers to engage on the climate crisis. .

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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

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ESG Today

FEBRUARY 15, 2024

Launched in 2017, Climate Action 100+ is an investor initiative that has targeted the world’s largest corporate greenhouse gas (GHG) emitters to promote taking necessary action on climate change, and align their business strategies with net zero in order to help limit average global temperature rise to 1.5 degrees Celsius.

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3BL Media

FEBRUARY 22, 2022

DESCRIPTION: RUEIL-MALMAISON, France, February 22, 2022 /3BL Media/ - Schneider Electric , the leader in the digital transformation of energy management and automation, has appointed Gwenaelle Avice-Huet as its new Chief Strategy and Sustainability Officer, starting from 1 April 2022. SOURCE: Schneider Electric. as a consultant.

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Digital Transformation Digitalization Divestment Climate Change 130

Chris Hall

MAY 27, 2022

Achieved through marginal changes in portfolio allocations and the opportunistic divestment of just a few stocks, such reductions can be used to present an unjustifiably favourable image of the environmental credentials of a portfolio. A theory of (climate) change. The post Divested Interests? C ambition.

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Divestment Net Zero Climate Change 52

Chris Hall

FEBRUARY 11, 2022

In September, the CMA issued a consultation to help inform its advice to the UK government on how competition and consumer regimes can better support the UK’s Net Zero and sustainability goals, including preparing for climate change. The post EU Guidance on Net Zero Cooperation Due in Q2 2022 appeared first on ESG Investor.

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B the Change

APRIL 3, 2023

on understanding how environmental regulation affects investor behavior and the implications for climate change. When environmental regulations, such as the NAAQS, come into effect, investors know it means their companies will take a hit — so, they divest. He won the 2022 Ivey-ARCS PhD Academy Best Paper Award for this research.

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Divestment Climate Change Banking 98

3BL Media

MAY 17, 2022

DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. KEYWORDS: antea group, Energy Transition, climate change, Net Zero, Carbon Neutral.

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Corporate Knights

FEBRUARY 15, 2024

In 2016, we created the Clean200 in response to investors saying, ‘If we divest fossil fuels, there is nothing to invest in.’” trillion in sustainable revenue in 2022, deriving on average 54.7% through those years. And that’s the big deal, says As You Sow CEO Andrew Behar, who co-authored the 2024 study. “In

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Manufacturing Negative Screening Divestment Smart Buildings 315

Chris Hall

MAY 22, 2024

This backsliding has increased polarisation between investors, with some choosing to divest and others – in recognition of their responsibility as universal owners – doubling down on engagement with the sector. In 2022, the oil and gas industry invested just 2.5% billion), down from 14% in 2022. Last year, Shell invested US$5.6

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Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

APRIL 1, 2022

US pension fund’s 2022 voting strategy will hold board members accountable. . 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. .

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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. KEYWORDS: antea group, esg, tcfd, sustainability, climate change. AnteaGroup breaks down the discussion here: [link].

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ESG Today

SEPTEMBER 10, 2022

The investor has emerged over the past several years as a leading voice in the investment community on climate change and energy transition-related themes, but has been clear in its belief that these issues are considered from a fiduciary perspective, with clients’ long-term interests in mind.

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ESG Today

DECEMBER 7, 2022

Launched in December 2020 with a group of 30 asset managers representing approximately $9 trillion of assets under management (AUM), the coalition has grown rapidly, reaching nearly 300 firms with $66 trillion in AUM, as of November 2022.

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ESG Today

DECEMBER 16, 2022

which recently saw 19 Attorneys General sign a letter accusing BlackRock of acting with “mixed motives” in its pursuit of an anti-fossil fuel and pro-net zero agenda, and Texas Comptroller Glenn Hegar place BlackRock and several other asset managers on a list for potential divestment for allegedly boycotting energy companies.

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3BL Media

SEPTEMBER 29, 2023

In 2022, GFANZ identified four strategies necessary for financing a whole economy transition to net zero, which collectively comprise “Transition Finance.” These are defined as financing or enabling: The development and scaling of climate solutions; Assets or companies already aligned to a 1.5

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Net Zero Decarbonize Divestment Global Economy 113

Chris Hall

OCTOBER 18, 2023

million tonnes of carbon dioxide equivalent (tCO2e) in 2022, from 221.2 The Alliance uses the Intergovernmental Panel on Climate Change (IPCC) 1.5°C The post NZAOA Calls on Politicians to Accelerate Climate Policy Reform appeared first on ESG Investor. trillion in AUM, up from US$7.1 trillion the previous year.

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Net Zero Global Economy Divestment Climate Change 69

3BL Media

FEBRUARY 16, 2024

billion in 2022. dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S. We innovate in line with customers’ needs to create iconic packaging that builds brands around the world. Led by our diverse team of approximately 24,000 people across 68 plants in 19 countries, O-I achieved revenues of $6.9

Supply Chain 147

Supply Chain Supply Chains Decarbonize Divestment 147

Chris Hall

JANUARY 26, 2022

2022 will see stronger focus on biodiversity as investors show “teeth” to laggards. Multiple asset managers’ letters to stakeholders announcing their 2022 intentions, including Aviva Investors and BMO Global Asset Management, said that they were now looking beyond climate. Playing hardball on S and G.

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James Militzer

MARCH 2, 2023

According to the International Renewable Energy Agency’s World Energy Transitions Outlook 2022 , there has been key progress in recent years in moving away from fossil fuels and toward more renewables-based electricity. These young people have grown up under the shadow of climate change, and they rightly view it as a threat to their future.

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Chris Hall

MAY 24, 2024

Natural allies – Just ahead of this year’s UN International Day for Biological Diversity , delegates gathered in Kenya for the first review of the implementation of the Global Biodiversity Framework (GBF) since its adoption at COP15 in December 2022.

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Net Zero Climate Change Divestment Greenwashing 78

Chris Hall

JANUARY 25, 2024

million people, many of whom are Uyghurs, in detention camps, prisons, and factories that are linked to this supply chain. “The focus when investors look at green technology is on the ability to really help climate change and make that positive impact,” Anita Dorett, Director of the IAHR, told ESG Investor.

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Chris Hall

DECEMBER 13, 2022

US SIF Foundation biennial trends reports smaller share of assets managed sustainably, due to methodology, regulatory changes. This is the first time that climate change has been the top criterion for US asset owners, applied to US$3.96 In the 2022 report, it was followed by board issues (US$2.87 trillion versus US$17.1

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Climate Change Net Zero Negative Screening Sustainable Investment 52

Chris Hall

MARCH 27, 2024

billion), down from 14% in 2022. No one is advocating for turning the oil and gas taps off overnight, as this would cause massive global economic upheaval. “If Crumbling bridges Shell’s decarbonisation targets remain primarily focused on oil production.

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Paris Agreement Climate Change Divestment Banking 133

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. Indeed, more than US$500 billion poured into ESG?oriented

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Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

SEPTEMBER 6, 2024

million hours in 2022. The report found the number of serious pollution incidents increased from 44 in 2022 to 47 in 2023, with over 90% caused by four companies: Anglian Water, Southern Water, Thames Water and Yorkshire Water. According to the UK’s Environment Agency, raw sewage spills into England rivers and seas doubled in 2023 – 3.6

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Climate Change Divestment Banking Development 83

Chris Hall

FEBRUARY 16, 2023

billion pension pool has set climate targets for fossil fuel majors and banks and will vote against board chairs if they are not met, with divestment viewed as a last resort. These new expectations build on its voting record on climate in 2022.

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Divestment Banking Climate Change Net Zero 52

Chris Hall

JUNE 13, 2024

But the government has drawn criticism regarding its ability to achieve agreed climate targets – such as a 100% reduction of greenhouse gas emissions by 2050 compared with 1990 levels – even from its own Climate Change Committee. Skidmore’s review was part of these efforts, following a previous High Court ruling in July 2022.

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Chris Hall

SEPTEMBER 21, 2022

Norwegian SWF to challenge companies on their decarbonisation targets, transition plans and climate reporting. . trillion sovereign wealth fund, has published its 2022-2025 climate action plan. Climate risk has long-term and systematic characteristics, and outcomes and trajectories are associated with great uncertainty.

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3BL Media

AUGUST 1, 2022

DESCRIPTION: PERRYSBURG, Ohio, August 1, 2022 /3BL Media/ - O-I Glass, Inc. Aligns with expansion plan for profitable growth. Up to $240 million investment in multiple expansion waves over time. Creating approximately 140 new jobs. NYSE: OI) will build a new greenfield glass plant in Bowling Green, KY.

Manufacturing 130

Manufacturing Divestment Supply Chain Supply Chains 130

Chris Hall

SEPTEMBER 7, 2023

billion in 2022, a 46.5% “Investors prioritising sustainability need to consider their positioning in companies like Aramco , which is very bullish on future oil demands,” said Coffin. Aramco announced record-breaking profits of US$161.1 increase on the year before, in the wake of the energy crisis prompted by Russia’s invasion of Ukraine.

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