ESG Today

FEBRUARY 16, 2024

Global asset manager AXA Investment Managers (AXA IM) announced today that it has updated its corporate governance & voting policy with more stringent ESG expectations for companies, including a pledge to target high emissions companies lobbying against the goals of the Paris Agreement.

Paris Agreement 113

Paris Agreement Divestment Net Zero 113

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. But, as the International Energy Agency (IEA) has made quite clear, there should be no new oil and gas projects if we are to achieve a 1.5°C

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133

Chris Hall

JANUARY 23, 2024

trillion) in AUM co-filed a climate resolution at Shell, calling for the European oil and gas major to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement. Earlier this month, 27 institutional investors with €4 trillion (US$4.6 Hold or fold? Nest also views climate change as a systemic risk.

Divestment 72

Divestment Paris Agreement Net Zero Climate Change 72

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. The post Options Still Open for Fossil Fuel Engagement appeared first on ESG Investor.

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

FEBRUARY 16, 2022

Pledge to divest over next two years follows mounting pressure from protesters. Pensioenfonds Zorg en Welzijn (PFZW) has announced it will stop investing in companies in the fossil fuel sector that do not commit to the Paris Agreement and ambitions outlined at COP26. Setting a 1.5°C Setting a 1.5°C

Divestment 52

Divestment Paris Agreement COP26 Net Zero 52

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

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. The protocol outlines how the 84 alliance members, with a collective US$11 trillion in assets, can align their sub-portfolio decarbonisation targets with net zero.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52