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This step, which doubles down on the pension fund’s climate investing plans for the next seven years, underpins the comprehensive strategy that CalPERS laid out for achieving its goal of cutting emissions from its portfolio investments to netzero by 2050 while assuring long-term financial results for its pensioners.
Panellists warned PRI in Person delegates against the risk of strandedassets, insisting on the need to prepare society for challenges to come. Another dire report today…” commented Catherine McKenna, former Canadian environment minister and Chair of the UN Secretary-General’s High-level Expert Group on NetZero Emissions Commitments.
Panellists warned PRI in Person delegates against the risk of strandedassets, insisting on the need to prepare society for challenges to come. Another dire report today…” commented Catherine McKenna, former Canadian environment minister and Chair of the UN Secretary-General’s High-level Expert Group on NetZero Emissions Commitments.
Much depends on the region the corporation operates in, as well as its data analytics capability, as to whether it can supply close-to-perfect data in a timely and available manner,” she added. This has echoes of the issue of strandedassets arising from decarbonisation of the energy supply over the past decade or so.”
According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C
It is a truth universally acknowledged that a company transitioning to netzero greenhouse gas (GHG) emissions by 2050 or sooner is in want of a detailed plan. . How do they translate on a netzero journey? UK proposals to mandate climate transition plans are part of wider scrutiny effort. .
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