Remove 2024 Remove Net Zero Remove Stranded Assets
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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. The new government must rectify this and produce a detailed, complete programme showing how it will reach net zero by 2050,” he advised. It’ll be a mess.”

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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.

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Canada to Phase Out Public Fossil Fuel Financing

ESG Today

Canada’s Environment and Climate Change Minister Steven Guilbeault said: “By eliminating inefficient fossil fuel subsidies, we are encouraging smart and efficient government investment decisions that can increase Canada’s competitiveness in a decarbonizing global economy, while avoiding creation of stranded assets.

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Shell Sets 2030 Goal to Reduce Emissions from Customers’ Use of Gasoline and Diesel

ESG Today

Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,” the first update to its “Powering Progress” strategy, launched in 2021, outlining the company’s climate transition roadmap and goals.

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ICYMI, an Ill Wind is Blowing From the East

Chris Hall

But will the energy giants diversify from or double down on fossil fuels in response to inevitable write-offs on stranded assets? Meeting in Nairobi, the United Nations Environmental Assembly agreed to establish a legally binding framework by 2024 to protect the world’s oceans from plastics and other solid human waste.

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Options Still Open for Fossil Fuel Engagement

Chris Hall

Other investors must follow suit and cast similar votes at 2024 AGMs to unambiguously oppose oil and gas expansion.” Fortunately, there are plenty of climate-focused shareholder resolutions on the ballot this season. It sets out news ways to engage that are vital given current shareholder dialogue approaches have failed.

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ESG Explainer: The Blue Economy

Chris Hall

The resolution will help to forge an international legally binding agreement by the end of 2024. In early March, a UN resolution to end plastic pollution was endorsed at the UN Environment Assembly. The UN said more than 800 marine and coastal species are affected by plastic pollution through ingestion, entanglement and other dangers.

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