Corporate Knights

SEPTEMBER 18, 2024

Large Canadian banks, insurance companies and pensions have declared they will reach net-zero in financed emissions in their portfolios by 2050. Nearly all of these major investors say that they are “engaging” with high-carbon investees in their portfolios in order to advance net-zero, setting this up as a binary choice against divestment.

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Net Zero Divestment Banking Greenwashing 219

ESG Today

AUGUST 25, 2022

Claims ESG investors “push a social and political agenda shrouded in secrecy” Investment and finance giants BlackRock, Credit Suisse and UBS are among a list of ten financial companies published by Texas as subject to potential divestment for boycotting energy companies. Energy Information Administration (EIA).

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Corporate Knights

FEBRUARY 20, 2025

The industrial sector accounts for 52 companies on the list , followed by information technology (32), and consumer discretionary and materials (29 each). . $10,000 invested in the Clean200 on July 1, 2016, would have grown to $29,090 by January 29, 2025 , versus $17,670 for the MSCI ACWI/Energy benchmark for fossil fuel.

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Global Economy Manufacturing Divestment Negative Screening 279

3BL Media

DECEMBER 20, 2023

This paper, to my knowledge, is the first attempt to try to quantify biodiversity information in such a complete way,” judge Brian Bruce says. The authors view divestment as a form of voice, with disinvestment pledges resonating with boards, customers, employees, and stakeholders, especially via social media.

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Divestment Academics Analytics Development 162

ESG Today

JANUARY 29, 2024

Texas Attorney General Ken Paxton announced that the state has banned UK-based bank Barclays from participating as an underwriter in Texas’ municipal bond market, following the company’s failure to respond to requests for information over its ESG policies. Energy Information Administration (EIA).

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Net Zero Banking Divestment 123

Corporate Knights

FEBRUARY 13, 2024

billion in divestment from banks backing the project and nearly $1.4 trend; Indigenous peoples around the world are fighting to enforce their rights, especially the right to free, prior, and informed consent to projects on their land — a concept enshrined in the United Nations Declaration on the Rights of Indigenous Peoples.

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Development Divestment Banking 338

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.

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Tobias Webb

MARCH 22, 2022

Likewise, companies in all sectors have been rushing to divest of holdings in Russia , or halt operations there. This piece examines sanctions and corporate divestments through a slightly more sceptical lens. We are not arguing that divestment is or is not the right course of action for companies to take.

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Divestment Supply Chains Supply Chain Development 72

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. This can escalate action to voting, and, when necessary, resort to risk-based divestment. trillion in assets under management (AUM). trillion in assets under management (AUM).

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ESG Today

DECEMBER 7, 2022

We will continue to provide investors the information and products they need to make sound investment choices, including products designed to meet net zero objectives.”. ” Snow Spalding added: “While Net Zero Asset Managers recognize that there are challenges with measuring the alignment of passive portfolios with a 1.5

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Net Zero Divestment Decarbonize Banking 128

B the Change

APRIL 3, 2023

When environmental regulations, such as the NAAQS, come into effect, investors know it means their companies will take a hit — so, they divest. I found no difference in divestment behaviour between ESG mutual funds and more traditional funds. Inflation Reduction Act (IRA) provides $27 billion for creating “green banks” nationwide.

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Divestment Climate Change Banking 98

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.

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Divestment Banking Climate Change Net Zero 52

3BL Media

APRIL 19, 2022

This step will help you identify the riskiest physical locations and products to divest from and access public incentives. You can also divest from risky assets and manage risk within the supply chain. Investments from the community can be made in a way that benefits everybody.

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Divestment Development Climate Change Supply Chains 130

Chris Hall

FEBRUARY 22, 2024

This includes requirements to provide country-by-country reporting of financial, tax and worker information. They should publish country-by-country reporting of tax and financial information, in line with international standards, such as the GRI Tax Standard.

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Divestment Banking Development 78

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.

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Divestment Net Zero Climate Change COP26 81

Chris Hall

JANUARY 12, 2024

The engagement programme thus far has been “constructive”, NBIM’s board claimed in December, adding that the companies have “expressed an ambition to divest the relevant assets in the Niger Delta”. trillion in assets, published the latest exclusion decisions for its Government Pension Fund Global in December.

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Divestment Banking 75

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.

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Divestment Banking Development 52

Chris Hall

AUGUST 23, 2023

It has completely divested the fast fashion sector over its poor record on sustainability and the payment of decent wages but maintains engagement through PLWF. “We speak through the platform to several supply chain actors,” says Schmidt. In July, Inditex pledged a “phased and responsible” exit from the region under military rule.

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Supply Chain Supply Chains Banking Manufacturing 98

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.

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Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

MAY 13, 2022

Drawing on history, the UN Special Envoy on Climate Action and Finance said a financial revolution had been needed to support the industrial one, as fractional reserve banking and the gold standard helped to drive cross-border flows of goods and capital by providing increased maturity transformation and financial leverage. “To

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Net Zero Digital Transformation Divestment Banking 52

Chris Hall

APRIL 6, 2022

Meanwhile in the asset management sector, Legal & General Investment Management said it would divest from Russian sovereign debt and the manager has reduced total exposure to 0.1% This can be particularly significant when information is an integral part of modern political conflict. . of AUM or £1.3 billion. . of AUM. .

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Sustainability Matters

OCTOBER 19, 2023

Meanwhile, the Australian Banking Association , representing investors and business workers overseeing $47.2 Meanwhile, the Australian Banking Association , representing investors and business workers overseeing $47.2 Meanwhile, Rio Tinto has divested from coal operations and is actively investing in renewable energy projects.

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Divestment Net Zero Climate Change Banking 52

Chris Hall

MAY 19, 2023

Financial markets are preparing for the US Securities and Exchange Commission’s (SEC) long-awaited rule on climate disclosure, but demand for companies to report on climate-related information, such as greenhouse gas (GHG) emissions, has been growing increasingly for over a decade.

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Value Creation Divestment Banking Development 52

Jon Hale

DECEMBER 2, 2022

To do this I looked at the publicly available returns of the Florida Long Duration Portfolio as of March 2022, the most-recent information on it I could find. Let’s take a quick look at BlackRock’s “ability to deliver” bottom-line returns to see if there is any rational basis for Patronis’ concerns.

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Climate Change Sustainable Investment Divestment Banking 52

Chris Hall

JULY 15, 2022

Many investors scrambled to divest holdings, leading in some cases to significant financial losses, having failed to heed warnings and indicators that could have alerted them to future risks, including the 2014 annexing of Crimea.

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Net Zero Development Impact Investing Divestment 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.

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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. . Ratings under review .

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Supply Chains Supply Chain Net Zero Divestment 52

GreenBiz

JANUARY 25, 2021

For asset managers, corporate climate performance should strongly inform investment stewardship, proxy voting and fund construction. For banks, climate benchmarks should influence loan eligibility, interest rates and debt covenants. To advance their climate commitments, investors should pair metrics with accountability.

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Net Zero Divestment Decarbonize Banking 478

Chris Hall

MAY 17, 2023

“The main challenge now is interpreting the data EOS at Federated Hermes provides, looking at our own portfolios regularly to understand where our unique exposures lie, and then using that information to lead conversations with EOS and other external managers,” Jackson said.

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Stewardship Code Net Zero Paris Agreement Divestment 52

Corporate Knights

OCTOBER 25, 2024

Even if such disclosures are voluntary from a regulatory perspective, the information is critical for asset managers, especially now that they need to report their own portfolio emissions on ESG-labelled funds. That is, by showing up to shareholder meetings and trying to steer portfolio companies toward decarbonization.

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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.

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Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

APRIL 12, 2023

Forty-seven percent of assessed companies failed to provide any information on the proportion of women in the bottom pay quartile. Widening the gender divide The WDI report also noted that the cost-of-living crisis is having a disproportionate impact on women.

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Chris Hall

JANUARY 3, 2024

C-aligned target setting as a frame of reference for the investor, especially the universal owner, through which she can track and evaluate the climate ‘performance’ of her portfolio over time, potentially informing stewardship priorities or investment decisions, taking account of the prevailing direction of policy.

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Net Zero Paris Agreement Stranded Assets Climate Change 72

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

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Divestment Supply Chains Supply Chain Banking 52

GreenBiz

MAY 17, 2021

As COVID came to dominate 2020, she helped donate more than 600,000 meals and 100,000 pounds of packaging to food banks. While at Tufts University, from which he received a bachelor’s in international relations and economics, Dowd was involved with the school’s fossil fuels divestment campaign and interned in the Obama White House.

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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

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Chief Sustainability Officer CDP Regenerative Shipping 113

Chris Hall

FEBRUARY 15, 2023

DeSantis is also proposing banning the state from giving ESG-related information to credit rating agencies when it issues bonds and barring investment firms that engage in ESG from lending to Florida’s state or local governments. US ESG funds saw outflows of US$6.1 billion in Q422, compared to US$0.3

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