Remove 2024 Remove Global Economy Remove Paris Agreement
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Aligning Capital to Ambitious Climate Goals

Chris Hall

As we approach COP29, which (roughly) coincides with the fourth anniversary of the Net Zero Asset Managers initiative (NZAM), it’s an excellent moment to reflect on progress and reaffirm the individual commitments of NZAM signatories to accelerating the transition to a net zero global economy.

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Accelerating Climate Action

3BL Media

Upon the team’s return from the UAE, we sat down to gather their impressions from the historic event and hear how they plan to accelerate action in 2024. Q: At the conclusion of COP, delegates agreed to what is being called “the UAE Consensus,” an agreement that begins to lay the groundwork for transitioning away from fossil fuels.

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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

“Nevertheless, we are still not where we need to be when it comes to the global energy transition and meeting our climate goals. If we are to have any chance at reaching our Paris Agreement objectives and remaining on a 1.5°C

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“Insufficient” Action from Banks to Meet Climate Targets

Chris Hall

Not moving fast enough” According to the TPI Centre’s report, banks lack alignment with the Paris Agreement, with just 19% of their sectoral pathways being aligned with temperature goals of 1.5°C It also deemed the performance of the two US custodian banks – BNY Mellon and State Street Corporation – to be “very weak”.

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Nasdaq Maintains a High Position in Chartis RiskTech100 Rankings

3BL Media

Nasdaq is proud to have won the 2024 RiskTech100 awards for its Market, Anti-Financial Crime, and Capital Access Platforms. Anti-Financial Crime Market abuse, fraud, and money laundering is an enormous problem across the globe that costs trillions of dollars and contributes to systemic risks to the global economy.

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Transition Challenge for Britain’s Biggest LGPS

Chris Hall

In February, the scheme committed to further develop and embed climate and ESG risk management, include a commitment to vote in favour of shareholder resolutions aligned with the objectives of the Paris Agreement. In May, the LGPS has launched a second £1.2 billion in 2022.

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ESG Explainer: The Blue Economy

Chris Hall

With the global economy heavily reliant on ocean health, a sustainable future is paramount. To date, the ocean and its ecosystems have provided significant benefits to the global community, including climate regulation, coastal protection, food, employment, recreation and cultural well-being.

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