3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. They can also divest from high-emitting industries such as thermal coal production.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

JANUARY 20, 2023

Over the past decade, many asset owners have made divestments out of fossil fuels. In fact, the total value of the institutions divesting is estimated to be US$40.5 trillion, according to data provided by the Global Fossil Fuel Divestment Commitments Database.

Divestment 52

Divestment Paris Agreement UNEP Net Zero 52

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

ESG Today

NOVEMBER 10, 2022

1] A recent PwC investor survey found that 79% of respondents said that ESG reporting was an important factor in their investment decision-making, and 49% said they were willing to divest from companies not taking significant ESG action [2].

Divestment 98

Divestment Supply Chains Supply Chain Logistics 98

Chris Hall

AUGUST 23, 2023

It will help investors get up to speed on the least-understood risk in the economy. “This strategy is designed for the real, system-wide adjustments that will make sure we’re not divesting, we’re investing in a climate resilient economy.” Further, only 9% have implemented a response to their physical risk exposure. “It

Stranded Assets 52

Stranded Assets Net Zero Climate Change Divestment 52

Chris Hall

MARCH 31, 2023

But by the end of 2023, the climate issue will loom again for investor CEOs and CIOs, pushing up on board agendas previously crammed with Covid-19, Ukraine and macro-economic debates. It is simply too late to believe in policies that hold temperature 1.5 ° C degrees without an emissions overshoot.

Net Zero 52

Net Zero Divestment Supply Chains Supply Chain 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

APRIL 12, 2023

Nature is at the base of every supply chain. For now, business understanding and disclosure of nature risk – both from investee firms’ direct operations and along their supply chains – is patchy at best, with firms in the APAC region lagging global peers. Ecosystem services are absolutely critical to the creation of GDP.

Supply Chains 52

Supply Chains Supply Chain Divestment CDP 52

Chris Hall

APRIL 21, 2023

Climate-related shareholder proposals are set to dominate the 2023 proxy season across jurisdictions. There is a lack of clear economic incentives across markets to invest in GHG reduction, for example, due to the inconsistent introduction of carbon pricing.

Net Zero 52

Net Zero Chief Sustainability Officer Development Climate Change 52

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. In total, O-I has invested €90 million into the Reims site since 2019, when its other furnace was rebuilt—contributing to making it one of the most modern plants within O-I’s global footprint.

Supply Chains 162

Supply Chains Supply Chain Divestment Development 162

3BL Media

FEBRUARY 14, 2024

billion in 2023. 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 dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S.

Supply Chains 147

Supply Chains Supply Chain Divestment Development 147

3BL Media

MARCH 25, 2024

billion in 2023. 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 dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S.

Decarbonize 162

Decarbonize Supply Chains Supply Chain Divestment 162

Corporate Knights

AUGUST 13, 2024

Funds marketed as environmentally friendly are being used by major asset managers to funnel millions of dollars to the world’s largest meatpacker, JBS, a company notorious for its links to deforestation and human rights abuses via its supply chain. JBS is widely regarded as an ESG pariah.

Divestment 339

Divestment Sustainable Investment Supply Chains Supply Chain 339

3BL Media

JANUARY 11, 2023

The 10 Big Things To Watch Across World’s Energy Markets in 2023. Wed, 01/11/2023 - 14:05. BloombergNEF has analyzed these and other key developments, and here we look forward to what might be coming in 2023. As road and air traffic rebound, the International Energy Agency estimates China’s 2023 oil demand to climb by about 0.78

Supply Chains 130

Supply Chains Supply Chain Paris Agreement Divestment 130

ESG Today

FEBRUARY 1, 2023

The new emissions disclosure bill was introduced as part of a package of climate-focused proposals, including a bill requiring state pension funds to divest from fossil fuel companies introduced by Senator Lena Gonzalez, and a bill requiring stronger corporate climate risk disclosure introduced by Senator Henry Stern.

Divestment 117

Divestment Supply Chains Supply Chain Waste 117

Chris Hall

FEBRUARY 9, 2024

Further complicating the role of indices as a lever of change is that investors’ existing underlying exposure to commodities is often whispered in quiet corridors, blamed on supply chains where their influence is thin or on mining monoliths that no investor can afford not to hold in their portfolio.

Divestment 59

Divestment Supply Chains Supply Chain Net Zero 59

Chris Hall

MARCH 13, 2024

Grey area Overall, experts seem to agree that the decision to invest in or divest from the weapons sector must ultimately be evaluated on a case-by-case basis. “An investor can act responsibly while investing in weapons, but opportunities to do so are very limited,” says Bloomer.

Divestment 139

Divestment Banking Sustainable Investment Manufacturing 139

Chris Hall

OCTOBER 4, 2023

A strong target of attack in Wiener’s Greenhouse Gases: Climate-Related Financial Risk Act (SB 253) is its mandatory requirement of Scope 3 reporting – greenhouse gas (GHG) emissions linked to a company, but outside its operations, such as its customers or supply chain.

Climate Change 136

Climate Change Greenhouse Gas Protocol Supply Chains Supply Chain 136

Richard Matthews

JANUARY 4, 2022

The fossil fuels divestment movement continues to grow and as indicated in a recent report by DivestInvest, 1,500 investment institutions, responsible for $39.2 trillion in assets, have committed to divest. Student divestment movements have succeeded in removing fossil fuels from a number of universities in 2021.

Climate Change 98

Climate Change Paris Agreement Waste COP26 98