Corporate Knights

SEPTEMBER 16, 2022

In a report released the same day, the three advocacy groups recommend that Ottawa ’ s banking regulator require financial institutions to adopt a “ credible climate plan ” that would include interim targets for 2025 and 2030. .

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Banking Greenwashing Net Zero Climate Change 361

Chris Hall

NOVEMBER 1, 2024

In September, the Labour government announced plans to set the UK’s nationally determined contributions for 2035 between November 2024 and February 2025. In addition, the government is due to agree the seventh carbon budget in 2025, which will cover the period from 2038-2042. It’ll be a mess.”

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Climate Change Net Zero Stranded Assets Paris Agreement 81

Corporate Knights

OCTOBER 11, 2022

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. of Shell’s investments were classified as sustainable (a far cry from the 50% by 2025 target it has set for itself). But not all GHG reductions are equal. dollars) through 2030.

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Divestment CDP Stranded Assets Paris Agreement 358

ESG Today

MARCH 14, 2024

Commenting on the updated targets, Follow This founder Mark van Baal accused the company of “backtracking” on its climate ambitions, putting the company’s future at risk “through policy interventions, disruptive innovation, stranded assets, and accountability for the costs of climate change.”

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Net Zero Stranded Assets Paris Agreement Climate Change 104

Chris Hall

NOVEMBER 3, 2023

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. The purpose is to evaluate the impact of climate change on the financial system.

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Paris Agreement Climate Change Stranded Assets Global Economy 94

3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8

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Net Zero Divestment Stranded Assets Banking 113

Chris Hall

APRIL 25, 2022

Aligning investment portfolios with the goals of the Paris Agreement requires engagement with the real economy, said Claudia Bolli, Head of Responsible Investing, Swiss Re. Speaking at the City Week financial services symposium in London, she echoed the views of the UN-convened Net Zero Asset Owner Alliance (NZAOA) that 1.5°C

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Net Zero Divestment Paris Agreement Stranded Assets 52