Corporate Knights

JANUARY 18, 2022

Divestment from fossil fuels is accelerating around the world. Besides dozens of universities (including Harvard and the University of Toronto), the divestment list now includes France’s Banque Postale, the State of New York, and Europe’s largest pension, ABP.

Divestment 293

Divestment UNEP Banking Net Zero 293

Corporate Knights

JANUARY 16, 2024

Mikkelsen adds that the firm has pushed to reduce carbon in its own operations, setting a target of 2025 to transition entirely to the use of renewable energy in its shredding and separating operations, as well as longer-term goals, such as becoming carbon neutral by 2030 and achieving net-zero emissions by 2050. .

Net Zero 313

Net Zero Divestment Decarbonize Waste 313

Corporate Knights

FEBRUARY 20, 2025

They also beat the global benchmark MSCI ACWI by 30% from July 1, 2016, to January 29, 2025. on a sustainable-revenue-weighted basis, outperforming the MSCI ACWI index (162.0%) and the MSCI ACWI/Energy Index of fossil fuel companies (76.7%) on Total Return Gross USD Basis from the Clean200 inception of July 1, 2016, to January 29, 2025.

Global Economy 283

Global Economy Manufacturing Divestment Negative Screening 283

3BL Media

APRIL 4, 2025

Las Vegas Sands During Womens History Month 2025, Sands is featuring women who help drive the companys success and exemplify its culture of advancement. multinational corporation, I spent a lot of time doing mergers and acquisitions work divesting large global business divisions and handling environmental issues in China and India.

Divestment 147

Divestment Development 147

ESG Today

SEPTEMBER 22, 2022

HSBC Asset Management unveiled a new policy today to phase out its investments in coal-fired power and thermal coal mining, with plans to ramp engagement with companies on transitioning away from thermal coal, and to divest from companies over time with inadequate transition plans. C objectives or clear divestment pathways.

Divestment 141

Divestment Net Zero Paris Agreement 141

Corporate Knights

MARCH 14, 2023

Starting in 2024, the Office of the Superintendent of Financial Institutions (OSFI) will require federally regulated banks and insurance companies to start collecting information on their CO2 emissions and climate risks for annual disclosure beginning in 2025. OSFI rejected both suggestions.

Banking 271

Banking Divestment Climate Change 271

ESG Today

OCTOBER 23, 2024

The proposal follows decisions by the pension funds to divest from fossil fuel reserve owners in their public equities portfolio in 2018, and to exclude upstream fossil fuel investments, including exploration and extraction, in their private markets investments in 2023.

Divestment 110

Divestment Global Economy Climate Change Development 110

3BL Media

SEPTEMBER 28, 2022

The 2025-2030 period will be really exciting because the decarbonization of these portfolios will have to accelerate to maintain their alignment to a net-zero scenario,” said Stannard. Pretorius and Free agreed and claimed investors will expect even more from companies than mere divestment from non-renewable assets.

Net Zero 130

Net Zero Divestment Decarbonize Paris Agreement 130

3BL Media

SEPTEMBER 29, 2023

They can also divest from high-emitting industries such as thermal coal production. Even JP Morgan Chase , the world's largest investor in fossil fuels, has taken steps to reduce investment in Arctic oil drilling and coal. When developing an investment decarbonisation approach aligned with +1.5°C

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

3BL Media

SEPTEMBER 16, 2022

Today, 78% of our product sales come from this program, and we plan to reach 80% by 2025. This is anchored in our comprehensive net-zero science-based targets and an ambitious impact plan for 2025 that includes saving 800 million tons of CO2 emissions for our customers by that time.

Decarbonize 130

Decarbonize Divestment Net Zero Supply Chain 130

ESG Today

OCTOBER 9, 2024

The CSRD took effect from the beginning of 2024 for large companies, with the first reports to be issued in 2025, followed by smaller companies in subsequent years. This represents a significant number of funds that may need to consider either divesting from the stocks or rebranding.

Divestment 105

Divestment Greenwashing Green Investing Sustainable Investment 105

Chris Hall

APRIL 1, 2022

The fund was previously under pressure to divest from carbon-intensive oil and gas companies but, like other asset owners, CalSTRS is choosing to engage, with divestment serving as a last resort. . If engagement and voting fails to promote positive change amongst investee companies, NBIM has demonstrated its willingness to divest.

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

Chris Hall

FEBRUARY 16, 2022

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. And it isn’t the way that we as active investors have maximised our returns over time.”.

Net Zero 52

Net Zero Divestment Climate Change Chief Sustainability Officer 52

Chris Hall

MAY 25, 2023

“Much more challenging” Speaking yesterday at the Net Zero Delivery Summit in London, Wilde said while Phoenix was confident it would meet its 2025 targets, its scenario analyses have shown hitting its 2030 target will be “much more challenging”.

Net Zero 52

Net Zero Divestment Chief Sustainability Officer Climate Positive 52

Chris Hall

FEBRUARY 16, 2022

Pledge to divest over next two years follows mounting pressure from protesters. PFZW has been under pressure from climate activists over recent months who have called for its divestment from fossil fuels. Setting a 1.5°C This followed a successful campaign targeting the country’s largest scheme, ABP.

Divestment 52

Divestment Paris Agreement COP26 Net Zero 52

Chris Hall

MARCH 16, 2023

Pension scheme says country’s new framework will support its net zero strategy; asserts that divestment of fossil fuels amounts to “passing the buck ”. Engagement over divestment The Canadian Pension Climate Report Card , which benchmarks schemes’ decarbonisation efforts, criticised HOOPP for lack of ambition in January.

Net Zero 52

Net Zero Divestment Climate Change Green Investing 52

Chris Hall

MARCH 27, 2024

In addition, Shell had reduced its net carbon intensity across Scopes 1 to 3 by 6-8% by 2023 compared to 2016 levels, though it is targeting a 9-12% reduction by 2024 and a 9-13% by 2025.

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. It also increased its green assets by 34% during the same period to C$53 billion, putting it within reach of its 2025 target of C$54 billion.

Divestment 81

Divestment Net Zero Climate Change COP26 81

Chris Hall

JANUARY 25, 2024

It also flagged that cheap solar PVs are set to drive renewables and overtake coal in global electricity generation by early 2025. Many investors also stated that it was critical for them to remain invested in green energy industries, and that divestment was typically used as a last resort.

Supply Chains 64

Supply Chains Supply Chain Divestment Climate Change 64

Chris Hall

MARCH 31, 2023

R estoration c apital w ill become c ore to the c limate n arrative towards the 2025 r atchet , says Julian Poulter, Head of Investor Relations at the Inevitable Policy Response. If some current market signals are correct, then the fog of inflationary risks and forthcoming recession remains, but with an end in sight. errr …in the present.

Net Zero 52

Net Zero Divestment Supply Chain Supply Chains 52

Chris Hall

OCTOBER 18, 2023

C no/low overshoot scenarios state that the global economy needs to decarbonise by 22%-32% for 2025 and 40%-60% for 2030 from 2020. “NZAOA members must adhere to these same reductions in their own portfolio – if they do not, they will be marked as a red flag in our accountability mechanism,” a spokesperson told ESG Investor.

Net Zero 69

Net Zero Global Economy Divestment Climate Change 69

Eco-Business

JANUARY 28, 2022

The Catholic Bishops Conference of the Philippines, whose archbishops are major stockholders in the second biggest financier of coal in the country, declared that it will stop investing in banks that fund “dirty energy”.

Divestment 19

Divestment Banking 19

Chris Hall

JUNE 13, 2024

The net zero race The former MP also emphasised the importance of the Global Stocktake , and the development of new nationally determined contributions (NDCs) under the Paris Agreement, which need to be submitted by 2025 with detailed sectoral commitments. We need long-term support to move to an alternative [energy source].”

Net Zero 89

Net Zero Divestment Supply Chain Supply Chains 89

Chris Hall

APRIL 25, 2022

Alignment is not just about divestment, said Bolli, but about a “collaborative mindset” that uses engagement to steer investee companies on the right path. . Swiss Re has committed to reduce listed equities and bond emissions by 35% by 2025. Collaborative mindset . Engagement is just one piece of the puzzle.

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

NOVEMBER 4, 2022

oriented assets to exceed US$41 trillion by 2022 and $50 trillion by 2025 — representing one?third Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry.

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

ESG Today

NOVEMBER 10, 2022

The relative importance of corporate Environmental, Social, and Governance (ESG) reporting is continuing to evolve, with Bloomberg Intelligence predicting that global ESG assets under management are on track to exceed $53 trillion by 2025. [1]

Divestment 96

Divestment Supply Chain Supply Chains Logistics 96

Edouard Stenger

OCTOBER 31, 2023

Carbon Brief, a UK-based website covering the latest developments in climate science, climate policy and energy policy, has analyzed closely the entire report and summarizes its findings, and there are really hopeful findings in the entire report: Global fossil fuel use peaking in 2025, two years earlier than expected last year.

Divestment 52

Divestment Development 52

Chris Hall

SEPTEMBER 21, 2022

trillion sovereign wealth fund, has published its 2022-2025 climate action plan. NBIM’s 2025 climate action plan is the fund’s latest commitment to improving its ESG-related performance. . Norwegian SWF to challenge companies on their decarbonisation targets, transition plans and climate reporting. . Raising ambition .

Net Zero 52

Net Zero Climate Change Carbon Offsets Divestment 52

3BL Media

JANUARY 11, 2023

But developers who plan to start operating in 2025, including three hydrogen-based steelmaking projects, will need to reach a final investment decision in 2023 to start on time. The divestment movement will wane. In Europe, policy guidance on key subsidy mechanisms may take longer. million euros. Martin Tengler, hydrogen team leader.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

JULY 14, 2023

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. trillion, or 6.8%

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MAY 24, 2023

With asset managers favouring engagement over divestment as an approach in transforming corporate behaviour, funds must step up and support important biodiversity proposals, or provide justification for their voting decision.” The post Biodiversity “Momentum” Builds Among Investors appeared first on ESG Investor.

Divestment 83

Divestment Development 83

Chris Hall

JANUARY 31, 2023

NZAOA aims to grow its member base to 200 or US$25 trillion in cumulative assets by 2025. In 2022, NZAOA introduced a member-led process to review members’ published and report targets on an anonymised basis. “The This report is seen as an opportunity to do just that,” he said.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

AUGUST 23, 2023

To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy. The post IGCC Devises Climate Resilience Strategy appeared first on ESG Investor.

Stranded Assets 52

Stranded Assets Net Zero Climate Change Divestment 52

Chris Hall

AUGUST 22, 2022

reduction in UPP’s portfolio carbon footprint by 2025 and 60% by 2030 compared to a 2021 baseline. . For existing investments, UPP is prioritising active engagement over divestment, partly due to the complexity of the challenges facing firms in different sectors. . Multi-pronged climate engagement .

Net Zero 52

Net Zero Paris Agreement Divestment Climate Change 52

Chris Hall

APRIL 19, 2024

For example, an asset manager may have a limited carbon footprint and can appear to be on track to net zero by divesting its high-carbon assets, however such action is effectively passing the problem onto someone else.

Net Zero 81

Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

JUNE 2, 2023

Perhaps more encouragingly, almost a fifth of shareholders voted in favour of resolutions calling on ExxonMobil and Shell to accurately disclose the role of asset transfers in their reported GHG emissions reductions, which would stop them claiming CO2 cuts from divestments.

Paris Agreement 52

Paris Agreement Climate Change Divestment Supply Chain 52

James Militzer

MARCH 2, 2023

The University of Michigan Endowment Fund: Divesting from Fossil Fuels (Published 9.9.2020) In September 2019, there were climate change strikes at the University of Michigan. One of its goals was to reduce emissions to 25% below 2006 levels by 2025.

Supply Chains 98

Supply Chains Supply Chain Climate Change Development 98