Remove Banking Remove Divestment Remove Paris Agreement
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Four key lessons from the world’s top responsible investors

Corporate Knights

Engagement and divestment both have a role to play The engagement versus divestment debate has been ongoing in the investor community. Studies have shown that divesting really works, both to cause the stock prices of climate-damaging stocks to fall and to create additional financial value.

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Are lawyers and accountants doing enough on climate change?

GreenBiz

health insurers are all invested in the fossil fuel industry" and will call on insurers to divest from these companies, calling them "the greatest threat to human health.". And then there are banks and other financial institutions , which have long been the focus of climate activists. That, too, is ramping up.

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Editor's note: The world needs a climate moonshot

Corporate Knights

It also means cutting off financing for new fossil fuel projects, which HSBC (one of the largest banks in the world) and Lloyds (the largest domestic bank in the U.K.) But as former Bank of England (and Canada) governor Mark Carney has made clear, “the biggest threat to achieving 1.5

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Shell’s Empty Transition Promise

Chris Hall

They called for the company to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement and take more ownership of its Scope 3 emissions. “Shell’s updated strategy has moved the company even further away from Paris Alignment,” says Van Baal. The ball is now in the investors’ court. “But

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

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. They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 147
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Take Five: Immediately and Gradually

Chris Hall

Immediately and gradually – The IMF’s latest World Economic Outlook calculated that keeping on track to meet the goals of the Paris Agreement by 2030 would cost between 0.15-0.25% Revelations about continued fossil fuel financing by the bank are likely to further increase calls for change, starting at the top.

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An Integrated Transition

Chris Hall

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. Some companies may also need to tap into some form of government support.