Remove 2024 Remove Divestment Remove Sustainable Investment
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Options Still Open for Fossil Fuel Engagement

Chris Hall

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’s also a sellable GHG product for oil and gas firms.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

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Morningstar Sustainalytics Launches Solutions to Support CSRD, EU Taxonomy Compliance and Reporting

ESG Today

Based on new underlying European Sustainability Reporting Standards (ESRS), the CSRD introduces more detailed reporting requirements on company impacts on the environment, human rights and social standards and sustainability-related risk.

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Rebranded ESG Funds Offer Imperfect Path to Net Zero

Chris Hall

Investor appetite for sustainable investment continues to increase, but demand is outstripping supply, with nearly nine in ten (88%) of institutional investors calling for more product innovation from asset managers. Investors must decide on how well-aligned funds are to climate action and sustainable outcomes, he said.

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NZAOA Broadens Protocol Scope, Includes Just Transition

Chris Hall

Bolli was co-lead author of the protocol report, alongside Udo Riese, Global Head of Sustainable Investing at Allianz Investment Management. From 2023 onwards, members are also being asked to set decarbonisation targets on new commercial real estate loans, reporting on progress from 2024.

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Piani to Use CA100+ Role to Turn “Ambitions to Action”

Chris Hall

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.

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All Systems go for Net Zero

Chris Hall

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.