Corporate Knights

FEBRUARY 20, 2025

trillion in sustainable revenue in 2023 (the most recent year for which full-year results are available). In 2016, we created the Clean200 in response to investors saying, If we divest fossil fuels, there is nothing to invest in, says Andrew Behar, CEO of As You Sow and co-author of the Carbon Clean 200 report that accompanies the ranking.

Global Economy 283

Global Economy Manufacturing Divestment Negative Screening 283

ESG Today

NOVEMBER 16, 2023

For the report, PwC’s Global Investor Survey 2023, PwC surveyed 345 investors and analysts across 30 countries and territories, with 65% of respondents at organizations with total AUM of more than $1 billion.

Greenwashing 125

Greenwashing Divestment Sustainable Investment Climate Change 125

Chris Hall

JANUARY 23, 2024

While some investors have chosen to draw a line in the sand and divest from fossil fuels, both van Baal and Lindmeier continue to see the value in remaining invested and engaged. “Selling your shares will have no influence over the oil and gas company,” said van Baal. “It

Divestment 72

Divestment Paris Agreement Net Zero Climate Change 72

3BL Media

SEPTEMBER 29, 2023

Support for decarbonisation has also been spurred on by Climate Action 100+ , a group of over 570 investors engaging with large organisations to take action on climate change and drive emission reductions, with further pressure on investment groups anticipated as more focus is placed on their emissions and climate impacts.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

3BL Media

SEPTEMBER 29, 2023

Originally posted on GFANZ on September 19, 2023 The Glasgow Financial Alliance for Net Zero (GFANZ) Secretariat today launched a consultation on its work to further refine the definitions of its transition finance strategies and support financial institutions to forecast the impact of these strategies on reducing emissions.

Net Zero 113

Net Zero Decarbonize Divestment Global Economy 113

Chris Hall

MARCH 27, 2024

In its new strategy, the company claims it will invest US$10-US$15 billion between 2023-2025 in low-carbon energy solutions, such as electric vehicle charging, biofuels, renewable power, and carbon capture and storage. No one is advocating for turning the oil and gas taps off overnight, as this would cause massive global economic upheaval.

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133

Chris Hall

OCTOBER 13, 2023

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. This conclusion was drawn after several years of engaging in discussions with the fossil fuel industry,” he said, underscoring the need for more “substantial and immediate” actions to combat climate change.

Divestment 59

Divestment Paris Agreement Climate Change Net Zero 59

James Militzer

MARCH 2, 2023

As we move further into 2023, it can take a lot of energy to think about energy. These young people have grown up under the shadow of climate change, and they rightly view it as a threat to their future. The world has a daunting task in front of us if we hope to limit global warming to the 1.5°C

Supply Chain 98

Supply Chain Supply Chains Climate Change Development 98

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. This achievement was one of several high points in the pension fund’s 2023 sustainable investing (SI) report , published in April.

Divestment 81

Divestment Net Zero Climate Change COP26 81

Chris Hall

OCTOBER 18, 2023

The Alliance uses the Intergovernmental Panel on Climate Change (IPCC) 1.5°C billion invested by Alliance members in 2023, primarily directed towards the building and energy sectors. The post NZAOA Calls on Politicians to Accelerate Climate Policy Reform appeared first on ESG Investor. trillion in AUM, up from US$7.1

Net Zero 69

Net Zero Global Economy Divestment Climate Change 69

Chris Hall

SEPTEMBER 6, 2024

According to the UK’s Environment Agency, raw sewage spills into England rivers and seas doubled in 2023 – 3.6 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. “Too

Climate Change 83

Climate Change Divestment Banking Development 83

Chris Hall

JUNE 13, 2024

His resignation was even more impactful given he is the author of the government-commissioned review, ‘ Mission Zero – Independent review of net zero’ , published in January 2023 and looking at how the UK could deliver on its climate targets in a manner is more affordable, and pro-business.

Net Zero 89

Net Zero Divestment Supply Chains Supply Chain 89

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.

Supply Chain 64

Supply Chain Supply Chains Divestment Climate Change 64

Chris Hall

APRIL 12, 2024

Having recently travelled in Asia, learning from leading companies on how they are positioning, adapting and preparing for climate change risks, it is clear to me that ESG 2.0 – concerning financial risks and returns over the longer term – will be the name of the game. The result is that ESG 1.0 will be ownership.

Climate Change 69

Climate Change Analytics Net Zero Divestment 69

Chris Hall

AUGUST 23, 2023

To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy. 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, 2024

Earlier this year , a benchmark study warned that several Canadian pension schemes have fallen behind global climate transition progress. However, CDPQ was identified as a climate leader following its decision to divest firms involved in oil production and refining and coal mining in 2022. ‘Green’ assets now make up 12.5%

Net Zero 64

Net Zero Sustainable Investment Divestment Global Economy 64

Chris Hall

SEPTEMBER 18, 2023

Research will span the introduction of the Paris Agreement in 2016 to the conclusion of the 2023 proxy season, with the aim of comparing the voting patterns of asset owners and managers. The UK’s Financial Conduct Authority’s consultation from the Vote Reporting Group closes on 21 September 2023.

Paris Agreement 59

Paris Agreement Climate Change Divestment Net Zero 59

Chris Hall

MAY 19, 2022

ShareAction has subsequently outlined its recommendations for investor reporting guidance, which it says should be implemented during the initiative’s next five-year cycle, commencing 2023. . Companies falling short of these red lines will be subject to either divestment or the asset manager voting against company directors. .

Net Zero 52

Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

JUNE 14, 2023

Did escalating engagement by targeting directors move the dial? This slashes portfolio emissions and sends a strong signal to oil and gas firms about the financial consequences of failing to set out credible transition plans. The writing is on the wall for oil and gas firms. C scenario.

Net Zero 52

Net Zero Divestment Climate Change Sustainable Investment 52

Chris Hall

MAY 24, 2024

According to the World Meteorological Organization , global averaged concentrations of carbon dioxide, the “most important GHG”, were a full 50% above the pre-industrial era for the first time in 2022 – and continued to increase in 2023.

Net Zero 80

Net Zero Sustainable Investment Value Creation Divestment 80

Chris Hall

JULY 21, 2023

As the urgency to address climate change intensifies, institutional investors have a crucial role to play in driving sustainable practices and advancing climate actions. In late 2022 and early 2023, a significant number of Article 9 funds were downgraded to Article 8 due to stricter regulatory guidance.

Sustainable Investment 52

Sustainable Investment Greenwashing Climate Change Paris Agreement 52

3BL Media

AUGUST 3, 2022

We also reiterate our multi-year earnings per share CAGR of 5% to 7% from the mid-point of 2022 guidance to 2025, in large part driven by continued growth in the utility's investment programs, including obtaining a return of and on capital investments that will be recovered specifically through the next base rate case to be filed by year-end 2023.".

Divestment 130

Divestment Net Zero Supply Chains Supply Chain 130

Chris Hall

JANUARY 3, 2024

“If policy action has not improved, it’s very much in the balance if we can keep on working with that target,” he said, adding that the scheme’s ability to invest in climate solutions, including renewables, was being limited by economic and political factors, including permitting delays.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

APRIL 14, 2023

In its annual sustainability report , it details how its universal owner status means its stewardship framework must manage risks related to climate change, biodiversity loss, and human rights.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

SEPTEMBER 27, 2024

False dawn Things started to change in 2021. By the end of that year, over 370 organisations had signed up to the Institutional Investors Group on Climate Change, including both asset owners and asset managers, representing around US$40 trillion in assets under management. How does that align with your climate policy?

Net Zero 59

Net Zero Stewardship Code Value Creation Divestment 59

Chris Hall

JUNE 23, 2023

Stephanie Maier , Founding Global Steering Committee Member at Climate Action 100+, says the initiative’s second phase will priorit ise “ actual emissions reductions, not just targets ”. n December 2015, the world took a vital step in tackling climate change by adopting the Paris Agreement. C pathway by the end of 2023.

Net Zero 52

Net Zero Paris Agreement Climate Change Divestment 52

Chris Hall

JULY 6, 2022

Stewardship is widely considered one of the most effective tools in an asset owner’s toolbox to ensure companies are prioritising ESG-related issues, such as mitigating the effects of climate change. . “ The DWP will assess whether further guidance is needed in H2 2023. . Plotting a path to Paris .

Net Zero 52

Net Zero Stewardship Code Paris Agreement Climate Change 52

Chris Hall

JUNE 29, 2023

C pathway by the end of 2023. “The decision to disinvest was not taken lightly,” said Alan Smith, First Church Estates Commissioner in a statement published last week. “Soberingly, the energy majors have not listened to significant voices in the societies and markets they serve and are not moving quickly enough on the transition.

Net Zero 52

Net Zero Climate Change Development Green Investing 52

Chris Hall

JULY 4, 2023

The FCA is an observer and provides the secretariat. The FCA’s Vote Reporting Group is asking for comments on its consultation paper by 21 September 2023. The post Make Vote Reporting Template Mandatory, FCA Told appeared first on ESG Investor.

Stewardship Code 52

Stewardship Code Sustainable Investment Divestment Climate Change 52

Chris Hall

MAY 9, 2023

According to Manning, the FCA is keen to identify regulatory constraints on collaborative engagement, which has been used increasingly by asset owners and managers in recent years, particularly to address systemic environmental risks, such as climate change and accelerating biodiversity loss.

Stewardship Code 52

Stewardship Code Net Zero Sustainable Investment Divestment 52

Chris Hall

APRIL 21, 2023

In its latest synthesis report , the Intergovernmental Panel on Climate Change (IPCC) issued a “final warning”, calling for swift and decisive action to keep global average temperature rise to <1.5°C C to prevent catastrophic climate change.

Net Zero 52

Net Zero Chief Sustainability Officer Development Climate Change 52

Chris Hall

APRIL 12, 2023

The importance of water-related risks was underlined last month with the commitments to a more ambitious Water Action Agenda signed last month at the UN’s first dedicated water summit in 50 years, part of a focus throughout 2023 on getting the UN Sustainable Development Goals back on track.

Supply Chains 52

Supply Chains Supply Chain Divestment CDP 52

Chris Hall

MAY 17, 2023

Technology provider firm Broadridge Financial Solutions recently published a white paper on investors’ growing interest in pass-through voting, noting how it is fostering “the democratisation of investing in a major way”, giving investors a voice in how their asset managers vote proxies on the underlying equities in a specific fund.

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

Corporate Knights

DECEMBER 20, 2024

Taking housing out of the commodity market also reduces reliance on banks and speculators, who often contribute to rising inequality and unsustainable industries, a 2023 study published in the Journal of City Climate Policy and Economy found. This article was first published by The Energy Mix. Read the original story here.

Banking 176

Banking Climate Change Divestment Net Zero 176

3BL Media

MARCH 25, 2024

billion in 2023. 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 23,000 people across 68 plants in 19 countries, O-I achieved revenues of $7.1

Decarbonize 162

Decarbonize Supply Chains Supply Chain Divestment 162

3BL Media

FEBRUARY 21, 2024

The Reims plant, which celebrated its 150 years anniversary in 2023, is a model for O-I’s overall sustainability efforts. billion in 2023. dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S. An average of about 90% of its raw material consists of scrap and locally recycled glass (“cullet”).

Supply Chain 162

Supply Chain Supply Chains Divestment Development 162

3BL Media

FEBRUARY 14, 2024

billion in 2023. 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 23,000 people across 68 plants in 19 countries, O-I achieved revenues of $7.1

Supply Chain 147

Supply Chain Supply Chains Divestment Development 147