Corporate Knights

OCTOBER 11, 2022

About two-thirds of the GHG reductions achieved by these companies were genuine from the planet’s perspective; much of it came courtesy of efficiency measures or retiring polluting assets. Divestments (8%). 0.124 Retirements and divestments (100%). Divestments (25%). Divestments (3%). Divestments (94%).

Divestment 358

Divestment CDP Stranded Assets Paris Agreement 358

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

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

MAY 27, 2022

Alongside the progress of a bill in California calling for fossil fuel divestment by public-sector pensions, and the SEC’s plans for climate-risk disclosures , this new assault on greenwashing moves US policy closer to its European counterparts, where fund disclosure rules are already reshaping the market.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

AUGUST 8, 2024

Divest or wind down? Anglo American sold its thermal coal portfolio in 2021, while BHP announced in 2022 that it would close its last such mine in 2030. BHP sold its oil and gas business to Woodside in 2022 in an all-share deal.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

AUGUST 23, 2023

International adaptation finance flows to developing countries are ten times below estimated needs, according to the UN’s 2022 Adaptation Gap report. The post IGCC Devises Climate Resilience Strategy appeared first on ESG Investor.

Stranded Assets 52

Stranded Assets Net Zero Climate Change Divestment 52

Chris Hall

OCTOBER 10, 2022

The common use of ‘materiality’ and ‘scenario analysis’ reported by managers suggests these are already prevalent topics, while scarce mentions of ‘divestment effectiveness assessment’ or ‘enlightened active ownership’ “is consistent with the view that, in general, they are future behaviours,” the report said. A long way to go”.

Sustainable Investment 52

Sustainable Investment Stranded Assets Negative Screening Divestment 52

Chris Hall

JULY 14, 2023

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. billion (US$13.2

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52