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They also beat the global benchmark MSCI ACWI by 30% from July 1, 2016, to January 29, 2025. Clean200 data show that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as all other revenues over the past five years.
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.
Financial organisations thus have a major role to play in the decarbonisation of the globaleconomy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.
C no/low overshoot scenarios to set the ambition level for sub-portfolio and sector targets. At the global level, IPCC 1.5°C “As we head towards at least 2.4°C The NZAOA’s membership has expanded, growing by 10 to reach 86 members in August compared to a year ago, collectively managing over US$9.6 trillion in AUM.
The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the globaleconomy; and advice on how to undertake a transition planning cycle.
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.
Under the Paris Agreement, countries were only obliged to update their goals by 2025. The fossil fuels divestment movement continues to grow and as indicated in a recent report by DivestInvest, 1,500 investment institutions, responsible for $39.2 trillion in assets, have committed to divest. will invest more than $7.5
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