GreenBiz

OCTOBER 13, 2020

The mere existence of these documents, and the campaigns behind some of them, represent another broadening of the conversation, a clarion call for nontraditional business players to lead, or at least not hinder, efforts to address the climate crisis. That, too, is ramping up.

Climate Change 474

Climate Change Paris Agreement Banking Divestment 474

Corporate Knights

AUGUST 13, 2024

While most of the funds’ documentation analysed explicitly cite exclusions relating to fossil fuels and controversial weapons, none outright exclude companies linked to deforestation in their screening process. JBS is widely regarded as an ESG pariah.

Divestment 339

Divestment Sustainable Investment Supply Chain Supply Chains 339

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

3BL Media

SEPTEMBER 29, 2023

They can also serve as safeguards to verify that the reduction of emissions in their portfolios corresponds to actual emissions reductions in the real world, rather than being achieved solely through divestment from high-emitting assets.

Net Zero 113

Net Zero Decarbonize Divestment Global Economy 113

Chris Hall

FEBRUARY 22, 2024

PIRC’s tax expectation document directs companies to comply with the spirit and letter of the law and commit to paying taxes where profits are earned. They should publish country-by-country reporting of tax and financial information, in line with international standards, such as the GRI Tax Standard.

Divestment 78

Divestment Banking Development 78

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 end of its formal mandate, the taskforce plans to publish a document setting out a forward pathway.

Net Zero 81

Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

MAY 26, 2023

Indeed, all GFANZ sub-sectors have been cautious since Republican politicians targeted banks and asset managers last year. This may be tested soon, given the AGs also demanded documents relating to the insurers’ membership of the Net Zero Asset Owner Alliance , to which several major insurers also belong. End of the line? –

Net Zero 52

Net Zero Stewardship Code Divestment Academics 52