ESG Today

OCTOBER 30, 2024

The four wind farms – Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension – have a total combined capacity of 3.5 billion, renewable energy developer Scout Clean Energy for $1 billion, and of Banks Renewables , one of the UK’s largest independent developers and operators of onshore wind farms for nearly $1 billion.

Divestment 104

Divestment Banking Decarbonize Development 104

3BL Media

SEPTEMBER 29, 2023

Creating consistent definitions that are applicable across markets and sectors will help to scale transition finance to ensure real-economy decarbonization, help financial institutions independently identify their risk exposure and the investment opportunity ahead. It also introduces the concept of Expected Emissions Reductions (EER).

Net Zero 113

Net Zero Decarbonize Divestment Global Economy 113

ESG Today

DECEMBER 7, 2022

Several Vanguard funds were included in a list of funds subject to potential divestment by Texas Comptroller Glenn Hegar, based on criteria that included having a commitment to climate-focused groups such as the Net Zero Banking Alliance or Net Zero Asset Managers Initiative.

Net Zero 128

Net Zero Decarbonize Divestment Banking 128

3BL Media

APRIL 19, 2022

DESCRIPTION: Investors and regulators increasingly expect companies to have both a decarbonization strategy (greenhouse gas accounting, science-based targets, low-carbon transition plan) and a climate resiliency strategy (managing acute/chronic physical risks and regulatory/market transition risks). SOURCE: Antea Group.

Divestment 130

Divestment Development Climate Change Supply Chains 130

GreenBiz

JANUARY 25, 2021

This transition will require a far sharper focus on short-term, sector-specific benchmarks tied to decarbonization pathways — starting with the high-impact industries that matter most for solving the climate crisis. . For banks, climate benchmarks should influence loan eligibility, interest rates and debt covenants.

Net Zero 478

Net Zero Divestment Decarbonize Banking 478

GreenBiz

MAY 17, 2021

Decarbonized buildings. Today, he makes his living nudging others — namely corporate executives — toward a decarbonized sustainable future. As COVID came to dominate 2020, she helped donate more than 600,000 meals and 100,000 pounds of packaging to food banks. Mon, 05/17/2021 - 00:01. Planet-healing fast food.

Waste 517

Waste Climate Change Supply Chains Supply Chain 517

ESG Today

OCTOBER 22, 2023

Million Exec Moves Caterpillar Appoints George Moubayed as Chief Sustainability Officer Reports, Surveys & Studies Climate Tech Investment Falls in Tough Market, But Hits Record Share of VC and PE Funding: PwC 80 Million Kilometers of Grid Investment Needed by 2040 to Meet Global Climate Goals: IEA

Chief Sustainability Officer 113

Chief Sustainability Officer CDP Regenerative Shipping 113

ESG Today

JANUARY 4, 2023

JPMorgan Chase, BlackRock and Citigroup were among a list of financial companies informed that they face potential divestment by Kentucky state government entities unless they stop “boycotting energy companies,” according to a statement released Tuesday by Kentucky State Treasurer Allison Ball.

Divestment 122

Divestment Banking Net Zero Decarbonize 122

3BL Media

JANUARY 11, 2023

Most of this new capacity will be directed toward decarbonizing industrial emitters such as cement and petrochemicals, and the power sector. The price signal from the biggest market in term of traded value, the European Union, will be muted as lawmakers eye carbon as a piggy bank to fund the bloc’s shift from Russian gas.

Supply Chains 130

Supply Chains Supply Chain Paris Agreement Divestment 130

ESG Today

MARCH 20, 2024

while also explaining that its approach to climate-related risks and opportunities focused on understanding the expected impact of these factors on companies’ strategies and long-term business models, and stressing that “it is not our role to engineer a specific decarbonization outcome in the real economy.”

Divestment 134

Divestment Decarbonize Banking 134

Jon Hale

JANUARY 28, 2022

Moreover, an academic study just published in the Journal of Banking and Finance found that “decarbonization selling pressure” does negatively affect the stock prices of divested firms and contributes to the reduction of these firms’ carbon emissions.

Sustainable Investment 52

Sustainable Investment Climate Change Academics Divestment 52

GreenBiz

SEPTEMBER 25, 2020

Morgan Stanley, along with Bank of America and Citigroup, has agreed to deeper disclosure.) And the mayors of 12 cities — representing 36 million residents — announced their plans to divest from fossil fuels. Morgan Stanley offered its own twist with a promise to reach "net-zero financed emissions" by the critical 2050 timeframe.

Paris Agreement 509

Paris Agreement Net Zero Supply Chains Supply Chain 509