Remove 2022 Remove Decarbonize Remove Green Investing
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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

Cryptocurrencies have been condemned over their environmental record at a time when traditional investments have been rapidly moving towards greener environmental, social and governance (ESG) values. So how long will it be until crypto earns its green credentials? This story originally appeared in The Conversation.

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Zero: Oil industry’s plan for climate action? More fossil fuels

Corporate Knights

Not only have global oil producers generally failed to invest substantially in renewable-energy technologies; now they’re reneging on their green commitments. When you look at the oil industry’s efforts to decarbonize, the results are lacklustre. In 2022, Total’s green energy resources accounted for a negligible 1.3%

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The incredible shrinking climate ambitions of the world's largest asset managers

Corporate Knights

times more equity in fossil fuel production companies ($880 billion) than in green investments ($309 billion), while the percentage of those carrying out “truly ambitious and effective climate stewardship practices” has shrunk by 45% since 2021: just 18% received an A grade this year, versus 33% in 2021. trillion (all figures in U.S.

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2025 Global 100 list: World's most sustainable companies are still betting on a greener world

Corporate Knights

With sustainable investment, its the same story, Heaps says. That green investment is key to a more sustainable future, telling us where companies are going as opposed to where they currently derive their revenues. Sustainable capital expenditure is growing twice as fast as all other capex.

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High Cost of Decarbonization, ‘Green on Green’ Conflicts Holding Back Progress on Global Net Zero Goals: KPMG Report

ESG Today

Noting the impact on governments of the increase in global public debt to 92% of GDP in 2022 from 84% in 2019, and rising interest rates, Yael Selfin, Chief Economist, KPMG in the UK, said “it leaves less room for them to spend on meeting net zero targets.”

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H&M Launches Green Loan Program to Finance Suppliers’ Emissions Reductions Initiatives

ESG Today

Fashion and design brands company H&M Group announced the launch of a new green loan program aimed at facilitating decarbonization in the fashion sector in partnership with Singapore-based financial services group DBS. According to H&M’s 2022 Sustainability Report, Scope 3 makes up nearly 99% of the company’s emissions.

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How insurance companies can move the needle on climate change

Corporate Knights

Insurance has wide-ranging influence, and insurance companies can help decarbonize much more than their own operations. New insurance products and green investments can also support advancements in cleantech, allowing insurers to have a far-reaching impact on climate. Helping clients adopt more sustainable practices.