Chris Hall

MARCH 27, 2024

C scenario.” It was hoped that Shell’s 2024 energy transition strategy , published this month, would demonstrate sufficient climate ambition and move the needle. In addition, NGO Global Witness filed a case against Shell in the US, alleging that the firm had misled investors by overstating its investments in renewable energy.

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133

Chris Hall

JANUARY 30, 2024

Investors will be increasingly subject to direct climate litigation risk in 2024 rather than indirect risks through investments as the types of cases brought evolve. While indirect risks currently remain predominate, litigation could target asset owners following increased focus on financial institutions.

Greenwashing 59

Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

SEPTEMBER 6, 2024

Many companies were banking on interest rates remaining low and stable inflation, as well as the nature of the business and regulatory environment remaining essentially the same. But all that changed when the Bank of England began raising interest rates in late 2021. “It However, not much is expected to change on that front.

Climate Change 83

Climate Change Divestment Banking Development 83

Chris Hall

MAY 31, 2024

A stronger possibility is that more investors choose to divest from Exxon, following continued examples of climate denial and obfuscating. Earlier, Woods called out CalPERS for its opposition, claiming that climate activist shareholders wanted to “financially hurt” the company. Exxon then lashed out at proxy giant Glass Lewis.

Climate Change 52

Climate Change Divestment Paris Agreement Value Creation 52

Corporate Knights

DECEMBER 20, 2024

2024 wildfire season affected more than 4,100 properties. 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. Communities across Interior B.C.

Banking 173

Banking Climate Change Divestment Net Zero 173

Chris Hall

JANUARY 3, 2024

The limits of fiduciary duty and corporate engagement could see institutional investors embrace systemic stewardship in 2024 to meet 1.5°C-aligned All this suggests 2024 will prove a difficult and perhaps pivotal year for asset owners looking to make headway on their net zero commitments. C-aligned objectives.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Corporate Knights

OCTOBER 25, 2024

Here are our top four takeaways from PRI’s 2024 conference, based on insights and conclusions from the world’s top responsible investors. Engagement and divestment both have a role to play The engagement versus divestment debate has been ongoing in the investor community. Company transition plans can help shine a light.

Divestment 310

Divestment Net Zero Decarbonize Paris Agreement 310

Chris Hall

MAY 19, 2023

billion in AuM – informed Kentucky State Treasurer Allison Ball and Attorney General Daniel Cameron that it would not divest, as instructed, from asset managers, including BlackRock, as it would violate its fiduciary duty. Last year, the Kentucky County Employees’ Retirement System’s board – which oversees US7.9

Value Creation 52

Value Creation Divestment Banking Development 52

Chris Hall

MARCH 13, 2024

Norway-based asset manager Storebrand recently excluded First International Bank of Israel for its involvement in the Occupied Palestinian Territory, while a number of major European banks and pension funds divested from Israeli weapons manufacturer Elbit.

Divestment 139

Divestment Banking Sustainable Investment Manufacturing 139

ESG Today

OCTOBER 22, 2023

Million Exec Moves Caterpillar Appoints George Moubayed as Chief Sustainability Officer Reports, Surveys & Studies Climate Tech Investment Falls in Tough Market, But Hits Record Share of VC and PE Funding: PwC 80 Million Kilometers of Grid Investment Needed by 2040 to Meet Global Climate Goals: IEA

Chief Sustainability Officer 113

Chief Sustainability Officer CDP Regenerative Shipping 113

Corporate Knights

FEBRUARY 7, 2025

For diversified investors, 2024 was a big, beautiful bull run that blew past analysts expectations. Exchange-traded funds were popular in general: global net inflows nearly doubled in 2024 to more than US$1 trillion. The energy sector didnt do any favours for sustainable investors in 2024, however. for every $100 invested.

Divestment 143

Divestment Net Zero Banking Manufacturing 143

Chris Hall

MARCH 19, 2025

Large index providers have made an extensive investment in stewardship; the sheer breadth and nature of their holdings means divestment and exclusion are less of an option. BlackRock voted on almost 170,000 management and shareholder proposals globally in the year to end-June 2024.

Divestment 52

Divestment Banking Development 52

Chris Hall

FEBRUARY 12, 2025

This should include exiting debt, freezing or divesting equity, calling on governments to drive change, and providing more transparency on their stewardship practices. Despite this, Exxon s directors received 87-98% support for re-election from shareholders in 2024 only a slight decrease from the 91-99% range in 2023.

Divestment 52

Divestment Net Zero Climate Change Banking 52

Chris Hall

AUGUST 8, 2024

“Greater impact of the regulation has yet to be seen, as we anticipate a wave of fund rebranding and divestments,” she said. Last month, Dutch bank ABN AMRO found at least 16% of Article 8 and 9 funds were in breach of the new guidelines. billion (US$6.8

Greenwashing 64

Greenwashing Sustainable Investment Divestment Banking 64

Chris Hall

AUGUST 8, 2024

“Greater impact of the regulation has yet to be seen, as we anticipate a wave of fund rebranding and divestments,” she said. Last month, Dutch bank ABN AMRO found at least 16% of Article 8 and 9 funds were in breach of the new guidelines. billion (US$6.8

Greenwashing 52

Greenwashing Sustainable Investment Divestment Banking 52

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 100

Climate Change Paris Agreement Waste COP26 100

Corporate Knights

APRIL 8, 2025

Tesla car sales are going down too, even as global electric vehicle sales have continued their brisk ascent, up 24% in 2024. fewer cars so far this year compared to the same period in 2024. Participants listed multiple reasons for wanting to divest: Being invested feels morally wrong due to its connection with Musk, wrote one.

Divestment 260

Divestment Sustainable Investment Climate Change Decarbonize 260