ESG Today

FEBRUARY 16, 2024

Humeau said: “As part of our responsible investor commitments, we remain committed to regularly evolving our practices and policies over time and we acknowledge the need for real economy policies to further support the transition to a net-zero world.”

Paris Agreement 113

Paris Agreement Divestment Net Zero 113

Chris Hall

FEBRUARY 22, 2024

Investors have heightened their focus on tech companies’ failure to address human rights risks inherent to their business models, with as many as 14 shareholder proposals filed ahead of the 2024 proxy season. Last year, it was part of a group of investors representing US$1.5 trillion in market capitalisation.

Divestment 81

Divestment Value Creation Net Zero Banking 81

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. Hold or fold? Nest also views climate change as a systemic risk.

Divestment 72

Divestment Paris Agreement Net Zero Climate Change 72

Chris Hall

APRIL 26, 2024

Exxon has now taken aim at sustainability-focused shareholders and shareholder networks in its 2024 proxy statement.

Divestment 136

Divestment Net Zero Climate Change Banking 136

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. It is a tool for evaluating risk in the portfolio and help us make informed decisions.”

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

JANUARY 30, 2024

While indirect risks remain predominant, litigation could target asset owners following increased focus on financial institutions. 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.

Greenwashing 80

Greenwashing Stranded Assets Net Zero Banking 80

Chris Hall

JANUARY 31, 2023

From 2023 onwards, members are also being asked to set decarbonisation targets on new commercial real estate loans, reporting on progress from 2024. Despite deepening requirements for members and clarifying its position on carbon removals, the alliance has been challenged to do better by utilising sector-specific, Scope 3 data.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

MARCH 4, 2022

By divesting its 20% stake in Rosneft, BP also disposed of around a third of its oil supplies. As divestment sceptics know, there’s a big difference between reducing portfolio and real-world CO2 emissions. Away from Europe, there was some good news.

Divestment 52

Divestment Stranded Assets Net Zero Climate Change 52

Chris Hall

FEBRUARY 16, 2022

Pledge to divest over next two years follows mounting pressure from protesters. C temperature alignment target for its portfolio, the fund will only remain invested in fossil fuel companies with credible and verifiable climate transition strategies by 2024. Setting a 1.5°C Setting a 1.5°C

Divestment 52

Divestment Paris Agreement COP26 Net Zero 52

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

NOVEMBER 30, 2023

In May , Phoenix Group became the CA100+’s new Shell co-lead, following the Church of England stepping back from engagement after five years and divesting from the oil and gas giant the following month. CA100+ focuses on 171 firms that are key to driving the global net zero transition, with a total market capitalisation of US$10.3

Net Zero 59

Net Zero Climate Change Paris Agreement Sustainable Investment 59

Chris Hall

JUNE 2, 2023

The second meeting of the Intergovernmental Negotiating Committee ( INC-2 ) was supposed to discuss options for legally binding and voluntary measures addressing plastic use as a key step to reaching consensus by the end of 2024.

Paris Agreement 52

Paris Agreement Climate Change Divestment Supply Chains 52

3BL Media

AUGUST 3, 2022

Carbon-Free, Infrastructure & Other (CFIO) reported a Net Loss of $174 million ($0.35 This compares to a second quarter 2021 Net Loss of $486 million and non-GAAP Operating Earnings of $47 million, which included results of the divested fossil and solar assets. PSEG Power had net cash collateral postings of $2.1

Divestment 130

Divestment Net Zero Supply Chains Supply Chain 130

Corporate Knights

DECEMBER 20, 2024

2024 wildfire season affected more than 4,100 properties. All of this work to support divestment from extractive investments, and investments into community, ultimately has positive implications for climate, as well, said Collins-Swartz. Communities across Interior B.C. brace for a worsening wildfire season each summer.

Banking 176

Banking Climate Change Divestment Net Zero 176

3BL Media

MARCH 25, 2024

PERRYSBURG, Ohio, March 25, 2024 /3BL/ - O-I Glass, Inc. (“O-I O-I Glass” or “O-I”) was selected by the U.S. dollar, (18) changes in tax laws or U.S.

Decarbonize 162

Decarbonize Supply Chains Supply Chain Divestment 162

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

AUGUST 13, 2024

More than half of financial institutions with the largest exposure to deforestation, including BlackRock, Vanguard and State Street, are yet to publish a single policy on deforestation, according to Forest 500’s 2024 annual report. JBS hopes its dual listing, likely delayed to the second half of 2024, will increase its access to US capital.

Divestment 339

Divestment Sustainable Investment Supply Chains Supply Chain 339

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.

Divestment 144

Divestment Net Zero Banking Manufacturing 144

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. Exxons ambitions contradict the International Energy Agencys net zero pathway projections.

Divestment 52

Divestment Net Zero Climate Change Banking 52

Richard Matthews

JANUARY 4, 2022

The letter also seeks a net-zero electricity grid by 2035, a 50 percent target for electric vehicle sales by 2030, and a renewed commitment to international climate finance. 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

Climate Change 98

Climate Change Paris Agreement Waste COP26 98

Chris Hall

JULY 24, 2024

Major US investors are pulling out of climate groups like Climate Action 100+ (CA100+) and the Glasgow Financial Alliance for Net Zero (GFANZ). Funding exodus In the three months to 30 June 2024, US$4.6 of investors backed pro-ESG resolutions in the 2024 proxy season, down from a high of 33.3% On average, just 21.5%

Paris Agreement 91

Paris Agreement Divestment Net Zero Sustainable Investment 91