Remove Banking Remove Climate Positive Remove Stranded Assets
article thumbnail

Turn Commitments into “Hard Numbers”, says GFANZ’s Carney

Chris Hall

Transition plans should demonstrate alignment with 2030 decarbonisation targets, says UN Climate Envoy. In addition, institutions should have interim decarbonisation targets that are “consistent” with the 2030 target, set by the Intergovernmental Panel on Climate Change , of reducing CO2 emissions by around 45% from 2010 levels.

article thumbnail

All Systems go for Net Zero

Chris Hall

Dr Tom Gosling, Executive Fellow at London Business School, has argued that some asset managers are effectively pulling their punches on net zero, holding off on implementing their collective and individual commitments, awaiting stronger policy direction from politicians. C has not lessened; if anything, it has increased,” he says.

article thumbnail

Unfinished Business

Chris Hall

Mixed picture Do climate-related disclosures provide investors with the decision-useful information they need as they seek to reduce portfolios emissions while orientating capital to climate-positive investments?