ESG Today

OCTOBER 19, 2022

HSBC unveiled its climate finance target in 2020 , aiming to support customers with between $750 billion and $1 trillion of finance and investment by 2030 to help with their low-carbon transition, alongside a commitment to align its financing activities with the goals of the Paris Agreement.

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We Mean Business Coalition

JUNE 28, 2022

Such policies would also go a long way towards cutting emissions in half by 2030, keeping temperature rise to 1.5C Business is calling for the interim policies required to achieve this goal like delivering 70% renewable power and coal phase out by 2030. . and avoiding the worst impacts of climate change. .

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Chris Hall

MARCH 24, 2025

The SBTi develops standards, tools and guidance to help companies and financial institutions to set greenhouse gas (GHG) emissions reduction targets in line with climate science and the goals of the Paris Agreement. This week, Amazon launched a carbon credit service.

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3BL Media

SEPTEMBER 28, 2022

She cited the massive growth of ESG initiatives as a great achievement but was wary of the lack of democratized data that can clearly define certain ESG investments as sustainable. While there is still a long way to go to meet the Paris agreement, Free ended the panel with a simple blueprint to reach it.

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Chris Hall

JUNE 14, 2024

The stated purpose of the hearings was to decide whether current laws are sufficient to “deter anti-competitive collusion” to promote ESG-related goals in the investment industry. Even so, the hearings could be contributing to rising outflows from sustainable investment vehicles, with investor behaviour in the US diverging from elsewhere.

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Paris Agreement Sustainable Investment Climate Change Divestment 78

3BL Media

MARCH 1, 2022

The investment firm has spent more than two decades helping companies adopt climate-friendly business models which will continue this year with a focus on the phase-out of unabated coal generation by 2030 for developed markets and 2050 for developing markets, in order to achieve the goals, set out in the Paris Agreement.

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Chris Hall

JULY 26, 2024

Europe’s new code – As Ursula von der Leyen mulled over the composition of her top team for the next five years , the European Commission’s incoming finance chief was already getting advice on the future of sustainable investment. Three agencies are organising a series of six events – dubbed the NDCs 3.0

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Chris Hall

SEPTEMBER 29, 2023

With the looming Paris Agreement goal of reducing greenhouse gas emissions by at least 43% by 2030, nations are adopting different approaches to stimulating their green economy and encouraging sustainable investment. billion) of investment unveiled by 2030.

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3BL Media

DECEMBER 6, 2022

SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. SOURCE: JetBlue Airways. In 2019, JetBlue rolled out the largest electric fleet of any carrier at John F.

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3BL Media

JANUARY 11, 2023

In the year to October 2022, more than 85 million tons of carbon capture capacity were announced, leading to a 44% hike in the forecast for installed capacity by 2030. By the end of 2023, the cumulative CCUS capacity expected by 2030 could be almost 420 million tons, a 50% increase. Sustainable Investing – Greater Scrutiny.

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Chris Hall

MAY 22, 2024

Investors should be under no illusion that any major oil and gas companies are currently aligned or on track with the climate goals of the Paris Agreement,” Ben Cushing, Director of the Fossil-Free Campaign at US-based NGO Sierra Club, tells ESG Investor. In 2022, the oil and gas industry invested just 2.5%

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Chris Hall

AUGUST 23, 2024

Running until 2030, it targets a global increase in active ownership and the creation of long-term shareholder value. Heightened attention Established in 2017, CA100+ aims to collectively supporting the goals of the Paris Agreement by challenging the large corporate greenhouse gas emitters to take action on climate change.

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Chris Hall

NOVEMBER 29, 2024

It also increases the prospect of a fragmented sustainable investment landscape in the US, where state-level policies will likely have a greater impact than rules from federal agencies. As noted in the Financial Times , coal prices spiked in response to Russia’s invasion of Ukraine in February 2022, falling back “sharply” since.

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Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. Some managers might not cover Scope 3 emissions,” he notes.

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Chris Hall

MAY 24, 2024

Investor engagement with governments is an increasing area of focus, as investors move from a stewardship approach focused on company engagement to collaborative engagement with governments to address systemic risk – and thus create an enabling environment for sustainable investments.

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Paris Agreement Climate Change Net Zero Development 59

Chris Hall

SEPTEMBER 6, 2024

The latest update to the AIGCC’s Asian Utilities Engagement Programme (AUEP) found that companies overall are increasingly disclosing more detailed short- to medium-term transition plans and setting more granular, asset-level 2030 decarbonisation targets. Meanwhile, Indonesia-based PLN aims to increase its renewable capacity by 20.9

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Paris Agreement Net Zero Sustainable Investment Climate Change 59

Chris Hall

OCTOBER 11, 2023

Climate policy response by governments and investment in clean technologies must be accelerated to keep temperature rise near 1.5°C, C, according to industry experts speaking at Morningstar’s ‘ Sustainable Investing Summit 2023 ’. C in the Paris Agreement; with only 3% of global policies currently moving towards the 1.5°C

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Chris Hall

DECEMBER 13, 2023

Last weekend (9-10 December) saw a host of events dedicated to nature, land use, oceans and food systems, including a high-level plenary discussion on “the importance of action on nature in delivering the goals of the Paris Agreement”. Finding investible projects can be a challenge.

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Chris Hall

OCTOBER 19, 2022

“Forests are essential both for preventing dangerous climate change, catastrophic biodiversity loss, and for securing the human rights and livelihoods of more than a billion people,” said Vemund Olsen, Senior Analyst – Sustainable Investments at Storebrand Asset Management. Natural risk.

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Chris Hall

NOVEMBER 30, 2023

The IGCC nominated Alison Ewings, General Manager ESG at QIC, the PRI picked Alejandro Bujanos, Head of Sustainable Investing at Sura Mexico, and Ceres chose Peter Cashion, Managing Investment Director of Sustainable Investments at CalPERS.

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Chris Hall

MARCH 16, 2022

trillion annually, has attracted just US$13 billion in sustainable investment during the past decade. This explainer looks at the calls for a ‘sustainable blue economy’ and the role investors can play. We can learn from the Paris Agreement process and move fast on ocean plastics. What is the scale of the problem?

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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 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

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Chris Hall

NOVEMBER 17, 2023

IPR highlighted the Paris Agreement ’s Article 6 , which enables voluntarily cooperation between countries to achieve nationally determined contributions (NDCs) emission reduction targets, as being an “important instrument”. IPR also said that public procurement of DACCS credits and through reverse auctions could be used for price discovery.

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Chris Hall

JUNE 13, 2024

We’re five years on from signing [the act] into law, and we have five years now to meet our 2030 goal of 68% of emissions reduction,” he said. However, the bigger challenge for the UK government is that it’s not on track beyond 2030.”

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We Mean Business Coalition

JUNE 2, 2022

As responsible investors search for the most sustainable companies to back, the outcomes of these debates could not be more important for global efforts to rapidly cut emissions. Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets.

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COP26 Net Zero Paris Agreement Greenwashing 59

Chris Hall

MARCH 25, 2022

degree Celsius increase in global temperatures, which is aligned with the Paris Agreement, and a 2 degree increase which is considered more likely based on recent reports from the Intergovernmental Panel on Climate Change. A sellers’ market.

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Paris Agreement Climate Change Net Zero Supply Chains 52

Chris Hall

APRIL 14, 2022

As a high-emitting sector, oil and gas companies are under increasing pressure from investors and regulators to set decarbonisation targets that align with the goals of the Paris Agreement. Conversely, TotalEnergies has pledged to reduce its Scope 3 emissions in Europe by 30% by 2030 compared to 2015 levels.

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Chris Hall

OCTOBER 7, 2022

Pillars of the post-WW2 global financial system are not yet on the same page for climate risk and sustainable development. Immediately and gradually – The IMF’s latest World Economic Outlook calculated that keeping on track to meet the goals of the Paris Agreement by 2030 would cost between 0.15-0.25%

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Chris Hall

JUNE 8, 2022

Management of nature-related risks, impacts and dependencies could soon become central to asset owners’ sustainable investment strategies. The GBF is made up of 21 targets and ten ‘milestones’ proposed for 2030 which aim to halt biodiversity and achieve recovery by 2050. From Paris to Kunming. Article 2.1.c

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Chris Hall

JULY 1, 2022

For example, the Net Zero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”. ClimateWatch reports that while 193 out of 197 countries have ratified the Paris agreement on climate change, covering 94.6% of emissions.

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Chris Hall

NOVEMBER 19, 2024

A decision by The Hague Court of Appeal to overturn a ruling requiring Shell to almost halve its carbon emissions by 2030 has allowed the firm to delay decarbonisation in the short term. But the oil and gas major’s delay tactics do not mean the firm can completely evade its legal responsibility to mitigate negative climate impacts.

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Chris Hall

APRIL 28, 2023

Meanwhile a resolution seeking alignment of the firm’s Scope 3 decarbonisation targets with the Paris Agreement – backed by PGGM – garnered around 17% of votes. Compare and contrast – The contrast in UK and EU approaches to securing a sustainable future were apparent beyond Ostend this week.

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B the Change

JULY 7, 2022

Most asset managers, especially institutional investors such as mutual and pension funds, claim to integrate ESG into their investment strategy. The numbers speak for themselves: According to the Global Sustainable Investment Alliance, over $35.5 trillion was managed for sustainable and responsible investing globally in 2020.

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Chris Hall

JUNE 24, 2022

Consistent data on sovereign climate risks is crucial, says Victoria Barron, ASCOR Chair and Head of Sustainable Investment, BT Pension Scheme. All countries must have a physical risk report and analysis as part of the Paris Agreement, but they all vary. billion at the end of 2020.

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Chris Hall

AUGUST 23, 2023

The new strategy introduces crucial new “indicative checkpoints”: a 20-30% reduction in emissions from international shipping by 2030, and a minimum 70% reduction in emissions by 2040, relative to 2008 levels. The 2040 target will require a 90-95% reduction in an average ship’s GHG intensity.

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Chris Hall

APRIL 23, 2024

This aims to ensure an aggregate abatement of around 170 million tonnes of CO2 equivalent by 2030. The mechanism mandates Australian companies producing more than 100,000 tonnes of GHG annually to keep those emissions below a prescribed limit, which is lowered by 4.9% every year.

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Chris Hall

MARCH 16, 2023

The High Seas Treaty provides the certainty needed for greater sustainable investment into the ocean, says Karen Sack, Executive Director at the Ocean Risk and Resilience Action Alliance (ORRAA). They are also cost-effective investments that will help meet the Paris Agreement and Global Biodiversity Framework targets.

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