Corporate Knights

JUNE 19, 2024

For the FNMPC, that equity should come as broadly as possible – including through the inclusion of Indigenous communities in the development of a greener grid that enables Canada to reach net-zero. These plants will need to develop plans to meet Alberta’s net-zero grid targets by 2050 given that new plants may run for decades to come.

Stranded Assets 176

Stranded Assets Net Zero Development Banking 176

Chris Hall

SEPTEMBER 13, 2023

The UK’s net zero transition depends on huge amounts of private capital that can only be unlocked through climate policy certainty. trillion (US$1.89 As a small island beset by grey skies more often than blue, energy generated by offshore wind power has long been considered the strongest renewable option.

Net Zero 89

Net Zero Climate Change Stranded Assets Green Investing 89

3BL Media

AUGUST 23, 2022

DESCRIPTION: MELBOURNE, Australia, August 23, 2022 /3BL Media/ - Integrating mining infrastructure solutions across power, water and other critical technologies provides Australia’s mining industry with opportunities to overcome sustainability challenges at every stage of the mining process. SOURCE: Black & Veatch.

Stranded Assets 100

Stranded Assets Net Zero Development 100

Chris Hall

APRIL 14, 2023

A 2022 climate report from JPMorgan Chase showed a 0% change in operational emissions (Scope 1 and 2) from energy sector clients, and a 1% increase in Scope 3 emissions compared with a 2019 baseline. However, without proper guardrails in place, these banks continue to support business-as-usual operations from their highest emitting clients.

Banking 98

Banking Greenwashing Net Zero Stranded Assets 98

3BL Media

AUGUST 8, 2022

Starting in 2022, CDP will also include questions for corporate disclosure around RE100 commitments. Japan and the UK are making TCFD reporting mandatory for large companies, requiring them to report GHG emissions and other climate-related disclosures beginning in 2022.

CDP 130

CDP Stranded Assets Integrated Reporting Climate Change 130

Chris Hall

JUNE 21, 2023

Bill S-243 was tabled in the Canadian Senate on March 24, 2022, sponsored by independent Senator Rosa Galvez, who convened a group of expert advisors when drafting the bill, including Environmental Defence’s Segal. billion (US$4.7

Banking 97

Banking Net Zero Stranded Assets Climate Change 97

Chris Hall

MAY 27, 2022

The private sector’s ability to accelerate the pace of net zero transition is open to question. Perhaps these outcomes should not be a surprise after BlackRock, the world’s largest asset manager, described many 2022 climate resolutions as “ prescriptive or constraining ”.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

MAY 19, 2023

Yet, despite this uncertainty, decarbonisation is a megatrend; driven by the need to reach net zero by 2050 if the world is to avoid catastrophic climate change. Meanwhile, the EU recently announced the Net Zero Industry Act to rival this plan, and “make Europe the home of cleantech and industrial innovation on the road to net zero”.

Net Zero 52

Net Zero Stranded Assets Development Climate Change 52

We Mean Business Coalition

NOVEMBER 8, 2022

As an example of the scale we are talking about, t he Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed to net zero, represents over $130 trillion of private capital. . This means disclosing opportunities and risks. What are the barriers to action?

Net Zero 52

Net Zero Stranded Assets COP26 Greenwashing 52

Chris Hall

JUNE 2, 2022

The majority of the banks and insurers expected to be in full compliance with the Environmental Risk Management Guidelines by June 2022, while the rest are committed to accelerating their implementation. FIs are at varying stages of putting in place the relevant risk management processes, MAS says.

Banking 52

Banking Stranded Assets Net Zero Sustainable Investment 52

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 Chains 98

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. Further, only 9% have implemented a response to their physical risk exposure.

Stranded Assets 52

Stranded Assets Net Zero Climate Change Divestment 52

Chris Hall

MAY 22, 2024

In 2022, the oil and gas industry invested just 2.5% billion), down from 14% in 2022. Last year, Shell invested US$5.6 billion), down from 14% in 2022. of its total capex in clean energy – yet the IEA suggests that a 1.5°C C pathway by 2050 would requires as much as 50% by 2030. Last year, Shell invested US$5.6

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

AUGUST 8, 2024

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. This leaves it heavily exposed to reputational, regulatory and stranded-asset risk, leading many investors to avoid it.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

APRIL 5, 2022

trillion in assets are challenging corporate audit committee chairs on their continued omission of climate risks in financial reporting ahead of the 2022 annual general meeting (AGM) season. . Institutional investors managing a collective US$7.1

Climate Change 52

Climate Change Stranded Assets Net Zero Impact Investing 52

Chris Hall

SEPTEMBER 8, 2022

According to a 2022 survey sponsored by Big Society Capital, more than half the UK’s pension funds hold impact investments of some sort. Investment consultancy bfinance last year surveyed more than 250 asset owners worldwide representing more than US$7 trillion in assets. Intersection of investment and politics.

Impact Investing 52

Impact Investing Stranded Assets Net Zero Development 52

Chris Hall

JULY 14, 2023

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MAY 4, 2022

It is a truth universally acknowledged that a company transitioning to net zero greenhouse gas (GHG) emissions by 2050 or sooner is in want of a detailed plan. . How do they translate on a net zero journey? UK proposals to mandate climate transition plans are part of wider scrutiny effort. .

Net Zero 52

Net Zero Carbon Offsets Paris Agreement Climate Change 52

We Mean Business Coalition

NOVEMBER 12, 2021

The actions being taken by signatories to WorldGBC’s Net Zero Carbon Buildings Commitment to tackle whole life carbon are critical because they are driving emissions reductions now and in the future. Sector transition strategies for concrete/cement, aluminum, trucking and chemicals will follow in 2022. ANALYSIS: . ANALYSIS:

COP26 88

COP26 Net Zero Paris Agreement Development 88

Chris Hall

MARCH 29, 2022

Leading US banks and insurers will face votes at their upcoming AGMs asking for policies aligned with the International Energy Agency’s (IEA) net zero roadmap , after challenges to shareholder resolutions were rejected. . Risk of stranded assets . expanded the prohibition of ‘micromanagement’ by investors. .

Net Zero 52

Net Zero UNEP Banking Stranded Assets 52

Jon Hale

SEPTEMBER 1, 2022

The AG letter contends that BlackRock’s commitment to accelerate net zero emissions across all of its assets, regardless of client wishes, is somehow political or unfair to clients who don’t want to invest in the energy transition. Milloy during the 2022 proxy season.

Climate Change 52

Climate Change Net Zero Stranded Assets Supply Chains 52