Chris Hall

SEPTEMBER 29, 2023

In the race to net zero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. trillion of annual global investments may be required to achieve the emissions reduction aims for 2030, with possibly 70% coming from the private sector.

Green Investing 64

Green Investing Paris Agreement Net Zero Clean Technology 64

Corporate Knights

MARCH 20, 2024

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. Is the nuclear industry using a smokescreen of net-zero to cover up its sustainability problems?

Green Bonds 300

Green Bonds Net Zero Climate Scientist Waste 300

ESG Today

SEPTEMBER 11, 2023

BMW Group announced today that it will invest more than £600 million (USD$750 million) to transform its UK-based MINI Plant Oxford, transforming the site for all-electric production from 2030. The facility is gearing up to build two new all-electric MINI models from 2026, with 2030 volume planned to be entirely electric.

Green Investing 109

Green Investing Sustainable Investment Climate Change Manufacturing 109

ESG Today

NOVEMBER 27, 2023

DBS is excited to be harnessing our extensive network in Asia, in partnership with H&M Group, to provide access to sustainable financing in a practical way – by directly funding factory upgrades to help suppliers improve their energy efficiency and decarbonise.” We see that our industry is committed to tackle its negative climate impact.

Supply Chains 126

Supply Chains Supply Chain Net Zero Decarbonize 126

ESG Today

AUGUST 31, 2023

the EU and Canada and each region looking to attract massive private sector investments as well. The investors added: “Building on the UK’s position as the world’s largest net exporter of financial services, sustainable finance is a major growth industry in the UK. trillion in assets under management.

Net Zero 124

Net Zero Green Investing Sustainable Investment Decarbonize 124

Chris Hall

MAY 17, 2024

It had previously been possible to launch an EU environmental opportunities fund, claiming Article 8 classification under the Sustainable Finance Disclosure Regulation (SFDR) , while allocating as little as 10% of assets to demonstrably green investments.

Greenwashing 80

Greenwashing Sustainable Investment Green Bonds Green Investing 80

Chris Hall

NOVEMBER 10, 2023

Tim Day, Investment Fund Manager at Trina Solar, explains the importance of Europe’s sustainable investment community in the growth of solar power. In the coming years, the EU’s Solar Strategy foresees 320 gigawatts (GW) by 2025 and 600GW by 2030 alone.

Net Zero 64

Net Zero Sustainable Investment Manufacturing Green Investing 64

Chris Hall

MAY 31, 2024

Consequently, the court ordered the government to publish an updated net zero strategy within the next 12 months – suitably demonstrating how the UK will achieve its legally binding carbon budgets and commitment to cut emissions by more than two-thirds by 2030. trillion (US$1.89

Net Zero 69

Net Zero Climate Change Green Investing Sustainable Investment 69

Chris Hall

FEBRUARY 2, 2024

Negligible impact on SDGs – The need to close a massive financing gap to achieve the UN Sustainable Development Goals (SDGs) is well established. billion) green investment pledge. Several observers struggled to identify much greater certainty when Labour unveiled its plan for the UK finance sector this week.

Net Zero 80

Net Zero Banking Development Greenwashing 80

Chris Hall

APRIL 21, 2023

On climate, ministers also agreed to accelerate the renewable energy transition, collectively increasing offshore wind capacity by 150 GW by 2030 and solar by 1 TW. To quote a past contributor to ESG Investor , for fund managers, it’s still not easy being green.

Net Zero 52

Net Zero Greenwashing Green Investing Sustainable Investment 52

Chris Hall

SEPTEMBER 13, 2023

In February, the CCC also called on the government to bolster its climate adaptation focus, warning that flooding, nature restoration and infrastructure resilience alone will require a minimum £10 billion of investment a year to prepare the UK for the expected impacts of climate change.

Net Zero 89

Net Zero Climate Change Stranded Assets Green Investing 89

Corporate Knights

JANUARY 3, 2023

But within months, that optimism started to wither as leading members threatened to leave the alliance after learning they were expected to implement stringent emission cuts by 2030. By November, GFANZ organizers conceded that the 2030 emission-reductions targets would not be mandatory, acknowledging the one-year-old agreement had no teeth.

Net Zero 293

Net Zero Banking Sustainable Investment Greenwashing 293

Chris Hall

JULY 7, 2023

US President Joe Biden’s Inflation Reduction Act – which will provide around US$386 billion in energy and climate spending over the next 10 years – has put the country on the path to almost halving its carbon emissions by 2030.

Net Zero 52

Net Zero Banking Climate Change Digitalization 52

Chris Hall

FEBRUARY 23, 2023

BP recently announced that it will reduce its 2030 goal of cutting oil and gas production from 40% to 25%. Environmental law firm ClientEarth is taking Shell directors to court over their lack of climate ambition.

Greenwashing 52

Greenwashing Green Investing Sustainable Investment Climate Change 52

Chris Hall

MARCH 29, 2023

There have also been longstanding concerns on the human rights risks of investing in China – though foreign investors with exposure tell ESG Investor it is unfair to single out the country, pointing to human rights violations happening in the US and Europe too. The largest share of that will be in Asia,” she says.

Banking 52

Banking Green Bonds Development Net Zero 52

Chris Hall

APRIL 20, 2022

At present, CCS removes around 40 megatons of CO2 (MtCO2) from the atmosphere, annually but by 2030 under a net zero scenario, this must rise to 1,700. The government plans to deploy CCUS in a minimum of two clusters by the mid-2020s, and four clusters by 2030 at the latest, with an ambition to capture 10MtCO? per year by 2030.

Net Zero 52

Net Zero Development Climate Change Stranded Assets 52

Chris Hall

NOVEMBER 23, 2023

In response, the EU introduced the Net Zero Industry Act (NZIA) at the beginning of this year, which will run through to 2030 and aims to increase funding for upscaling domestic clean energy technologies across member states, thus reducing dependence on other countries.

Net Zero 72

Net Zero Sustainable Investment Supply Chain Supply Chains 72

Chris Hall

JANUARY 24, 2023

“It’s an unparalleled and historic piece of climate legislation that’s likely to be a significant catalyst for driving investment into the country’s [net zero] transition for years to come,” says Nikita Singhal, Co-Head of Sustainable Investment and ESG at Lazard Asset Management. billion EV assembly plant in Tennessee.

Net Zero 52

Net Zero Supply Chains Supply Chain Manufacturing 52