Corporate Knights

MAY 9, 2024

OMERS developed an internal Climate Metrics Manual in 2023 and is now reporting greenhouse gas emissions for 95% of its in-scope portfolio. IMCO, HOOPP and OMERS, like most major Canadian pension funds, publicly state that they want to achieve real-world emission reductions and not just divest their way to their emission-reduction targets.

Decarbonize 348

Decarbonize Divestment Development Climate Change 348

3BL Media

DECEMBER 20, 2023

The researchers develop and test multiple measures of biodiversity risk and related business exposure, including through a survey of financial and policy professionals, news coverage ( New York Times coverage of biodiversity developments), 10-K analysis, and others. So quantifying biodiversity risk is paramount.

Divestment 162

Divestment Academics Analytics Development 162

Chris Hall

JUNE 7, 2023

Timing and influencing the market are vital considerations for asset owners when divesting ESG assets. Since the success of the South African apartheid divestment campaign in the 1980s, investors must contend with similar pressure on other ESG issues, such as the growth of campaigns encouraging them to exit fossil fuels or tobacco.

Divestment 52

Divestment Net Zero Climate Change Banking 52

Chris Hall

MARCH 4, 2022

More than half of divestments by Norges Bank Investment Management (NBIM) last year were the result of unacceptable social and governance-related risks. A clothing manufacturer in a developed market will be subject to more stringent requirements for environmental performance and labour rights than one in an emerging market,” it noted.

Divestment 52

Divestment Supply Chains Supply Chain Value Creation 52

Chris Hall

MAY 19, 2022

To divest or not to divest? Another is establishing the liquidity levels of those investments which enable rapid divestment. Many began the divestment process because of evidence of systematic human rights abuses and corruption led from the very top. Sweden-based Private Bank J. billion (£2.3 billion (£2.3

Divestment 52

Divestment Supply Chains Supply Chain Banking 52

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 The deal marks the latest in a series of large-scale clean energy transactions for Brookfield, including the recent acquisitions of a majority stake in France-based renewable energy developer Neoen for $6.6

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Divestment Banking Decarbonize Development 103

3BL Media

FEBRUARY 22, 2022

As a member of the Executive Committee, Gwenaelle will preside over developing and deploying strategic, sustainability and quality & customer satisfaction initiatives, while steering all mergers, acquisitions and divestment activities globally. as a consultant. as a consultant.

Digital Transformation 130

Digital Transformation Digitalization Divestment Climate Change 130

3BL Media

APRIL 19, 2022

Analyze opportunities: Take action and develop a low carbon transition plan and create a resilience strategy and investment plan for facilities. This step will help you identify the riskiest physical locations and products to divest from and access public incentives.

Divestment 130

Divestment Development Climate Change Supply Chains 130

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.

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Net Zero Divestment Decarbonize Banking 128

Chris Hall

FEBRUARY 16, 2023

billion pension pool has set climate targets for fossil fuel majors and banks and will vote against board chairs if they are not met, with divestment viewed as a last resort. This includes banks that have not sufficiently integrated targets, decarbonisation strategy, or climate policy engagement into business strategy.

Divestment 52

Divestment Banking Climate Change Net Zero 52

3BL Media

SEPTEMBER 29, 2023

These are defined as financing or enabling: The development and scaling of climate solutions; Assets or companies already aligned to a 1.5 In 2022, GFANZ identified four strategies necessary for financing a whole economy transition to net zero, which collectively comprise “Transition Finance.”

Net Zero 113

Net Zero Decarbonize Divestment Global Economy 113

Chris Hall

APRIL 19, 2024

The resources included deep-dive guidelines for seven sectors – including asset owners, asset managers and banks; high-level guidance for 30 sectors of the global economy; and advice on how to undertake a transition planning cycle. At the core of the centre’s thinking is the integrated transition-planning ecosystem.

Net Zero 81

Net Zero Paris Agreement Climate Change Banking 81

Edouard Stenger

MAY 24, 2017

As more and more institutions and people are divesting from fossil fuels globally, climate responsible finance is booming. Part of this revolution is the meteoritic growth of green bonds, which were started in 2007 by the World Bank and the European Investment Bank. Water and Waste make up 14 and six percent, respectively.

Green Bonds 52

Green Bonds Climate Change Banking Divestment 52

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. In addition to divesting from oil, CDPQ plans to deepen its practice in the biodiversity space and expand the scope of its commitments in nature-positive themes.

Divestment 81

Divestment Net Zero Climate Change COP26 81

Chris Hall

JUNE 13, 2024

The net zero race The former MP also emphasised the importance of the Global Stocktake , and the development of new nationally determined contributions (NDCs) under the Paris Agreement, which need to be submitted by 2025 with detailed sectoral commitments.

Net Zero 89

Net Zero Divestment Supply Chains Supply Chain 89

Chris Hall

MAY 3, 2022

The NGO even suggests asset managers are “actively maintaining the status quo by backing fossil fuel companies’ management despite inadequate climate strategies and plans to develop new fossil fuel projects”. This is despite most of the banks in question and a great many asset managers being members of these coalitions.”.

Net Zero 52

Net Zero Divestment Greenwashing COP26 52

Chris Hall

NOVEMBER 4, 2022

As a result, companies, funds and investment managers developing and implementing ESG policies and programmes must understand and navigate this increasingly complex legal landscape. Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states. One group of anti?ESG

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Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

OCTOBER 4, 2024

The International Energy Agency estimates that US$1 trillion a year to 2050 will need to be spent in developing economies to achieve net-zero GHG emissions. However, only about US$150 billion has been earmarked on the balance sheets of sovereigns or multilateral banks to address this issue – resulting in a US$850 billion annual financing gap.

Development 89

Development Divestment Net Zero Greenwashing 89

Chris Hall

JUNE 26, 2023

But this is a way to put pressure on Amazon that you also see in resolutions at their annual general meetings (AGMs).” Earlier this year, Danish pension fund PBU divested Amazon over issues with labour rights after five years of engagement. We’re totally aware of that.

Divestment 52

Divestment Banking Development 52

Chris Hall

SEPTEMBER 6, 2024

The ILO said the crisis had undermined progress toward Sustainable Development Goal 10 – reduce inequalities within and among countries. Those undecided between maintaining dialogue and divesting – on financial or ethical grounds – might benefit from reading a new analysis commissioned by UK asset owner Border to Coast.

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Divestment Net Zero Climate Change Banking 80

Envirotec Magazine

NOVEMBER 3, 2021

For steel and cement, although the first sites are under development, there are to date no commercial scale sites for zero or close to zero emissions production. Oil and gas- divest or engage? It is crucial to engage with value chains. Aaron Maltais concludes.

Divestment 52

Divestment Supply Chains Supply Chain Net Zero 52

Chris Hall

SEPTEMBER 6, 2024

Many companies were banking on interest rates remaining low and stable inflation, as well as the nature of the business and regulatory environment remaining essentially the same. But all that changed when the Bank of England began raising interest rates in late 2021. “It

Climate Change 83

Climate Change Divestment Banking Development 83

Chris Hall

JULY 15, 2022

Overlooking corruption in their investment frameworks exposes investors to numerous risks, but also prevents them from raising standards of business integrity and supporting UN Sustainable Development Goals (SDGs). SDGs and emerging markets. trillion, a 50% increase since Covid-19 began.

Net Zero 52

Net Zero Development Impact Investing Divestment 52

Chris Hall

SEPTEMBER 7, 2023

Carbon Tracker developed a Global Registry of Fossil Fuels in 2022 to serve as a public database of emissions from fossil fuel reserves and production worldwide and track their impact on the global carbon budget.

Net Zero 80

Net Zero Carbon Offsets Paris Agreement Divestment 80

Chris Hall

SEPTEMBER 21, 2022

Norges Bank Investment Management (NBIM), which manages Norway’s US$1.2 Over the next three years, NBIM also plans to develop principles for measuring and managing climate risks, stress testing its equity portfolio against difference temperature pathways on an annual basis.

Net Zero 52

Net Zero Climate Change Carbon Offsets Divestment 52

Chris Hall

JULY 7, 2023

C being breached next year, adding extra urgency to negotiations at COP28, already certain to be fraught, after recent international summits were characterised by pronounced mistrust between developed and developing nations. This raises the prospect of 1.5°C

Net Zero 52

Net Zero Shipping Development Divestment 52

Chris Hall

APRIL 29, 2022

Sarah Breeden, Executive Director for Financial Stability Strategy and Risk at the Bank of England, pointed to the need for sustainability-related disclosures to flag future risks to investors, by focusing on “the strategic as well as the static”.

Net Zero 52

Net Zero Divestment Sustainable Investment Banking 52

Chris Hall

JUNE 23, 2022

The exchanges, and the associated industry of banks, insurers, lawyers and financial services providers, are profiting from activities that are at odds with their countries’ climate commitments and that put investors at risk, the report said. .

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Net Zero Stranded Assets Paris Agreement Climate Change 40

Chris Hall

APRIL 5, 2022

“Investors and policymakers need to look at the demand side – not just the supply side – and improve the buildings that we already have,” Roland Hunziker, Director of the Built Environment at the World Business Council for Sustainable Development (WBCSD), told ESG Investor. . Wielding effective policy . Hunziker said. .

Net Zero 52

Net Zero UNEP Divestment Banking 52

Chris Hall

MARCH 10, 2022

This followed the final report of the Productive Finance Working Group, formed by HM Treasury, the Bank of England and the Financial Conduct Authority to encourage more investment in long-term less-liquid assets, widely seen as offering a wider range options for investors looking to support the low-carbon transition. Walking the walk”.

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

MARCH 9, 2022

Large institutional investors such as Norges Bank Investment Management, Storebrand, Nest and the Church of England Pensions Board have announced exits from Russian investments, while many Western corporates have shuttered operations, McDonalds and Coca-Cola among the latest. . ESG ratings platform?Sevva.ai,

Supply Chains 52

Supply Chains Supply Chain Net Zero Divestment 52

Chris Hall

APRIL 12, 2023

At a system level, disparities in income lead to increased financial and system-level instability.” The UN Development Programme estimated that soaring food and energy prices sent 71 million people in developing countries into poverty last year. Corporate disclosures on this are also inconsistent.

Divestment 52

Divestment Development Banking 52

Corporate Knights

OCTOBER 25, 2024

Sustainability disclosure is the new normal Around the world, policies and regulations requiring companies to disclose their emissions and sustainability metrics have advanced at varying rates and to different stages of development, from barely nascent to quite mature. Company transition plans can help shine a light.

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Divestment Net Zero Decarbonize Paris Agreement 317

Chris Hall

AUGUST 4, 2023

Increasingly, discussions in hard-to-abate sectors revolve around determining the points at which policymakers need to intervene and where investors can and should focus their efforts to ensure the best results.

Net Zero 52

Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

JANUARY 3, 2024

Academic evidence suggests there are limits to both the power of engagement and the threat of divestment, which is most effective when it serves to shift the perspective of directors to shared medium- and long-term interests. C and to develop a “whole-of-government approach” to the transition of the real economy to net zero.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

MAY 17, 2023

This can cause tensions when there is a gap between the stewardship priorities of the asset owner and the engagement and voting behaviours of the asset manager.

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

3BL Media

SEPTEMBER 29, 2023

For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supply chains and lending/investment portfolios are often more complex than for other industries. Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113