Remove 2025 Remove Divestment Remove Net Zero
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Divesting works: Study finds ditching fossil stocks lowers corporate footprints

Corporate Knights

For the leaders of the divestment movement, which encourages institutional investors to sell off their shares in fossil fuel companies, winning isn’t everything. But after a decade of determined lobbying, the divest side is suddenly doing a lot of winning. That tally, they noted, is bigger than the combined GDP of the U.S.

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This scrappy Australian recycling pioneer is the most sustainable corporation of 2024

Corporate Knights

The sector, moreover, isn’t on track to achieve net-zero targets, despite investments in new forms of low-carbon energy for steel plants. For example, Sims finally divested itself of part of its municipal recycling business – a large blue-box operation in New York City. Photo courtesy of Sims Ltd.

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Time for a fair phase out of fossil fuels

Corporate Knights

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.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

South Pole can help you navigate the existing framework as well as the new net zero guidance (FINZ) which will replace it in Q4 2023. They can also divest from high-emitting industries such as thermal coal production. When developing an investment decarbonisation approach aligned with +1.5°C

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The time for engaging with fossil fuel companies is over

Corporate Knights

The Church of England has announced it will divest from Shell, finally acknowledging the failure of more than a decade of investor efforts to convince the oil and gas sector to align with global climate goals. The respected investor is now divesting from all fossil fuels by the end of 2023 and will no longer try to engage with oil and gas.

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HSBC to Exit Coal Investments

ESG Today

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.

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CPP Investments Backs Active Engagement on Net Zero Path

Chris Hall

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. Blanket divestment is not the best way to maximise returns without undue risk of loss. Whole economy transition.