Chris Hall

SEPTEMBER 7, 2023

The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement. But Carbon Tracker chose to exclude fully state-owned NOCs and companies based in Russia, describing them as “[firms] over which investors have little influence”.

Net Zero 80

Net Zero Carbon Offsets Paris Agreement Divestment 80

Chris Hall

SEPTEMBER 18, 2023

According to Hoepner, the research will examine investor stewardship at all oil and gas companies tracked by the Transition Pathway Initiative (TPI).

Paris Agreement 59

Paris Agreement Climate Change Divestment Net Zero 59

Chris Hall

MAY 5, 2023

Asset owners have been urged to “scrutinise” the investment practices of their managers, following new research highlighting that asset managers committed to net zero have billions invested in oil and gas companies failing to align with the goals of the Paris Agreement.

Net Zero 52

Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

JULY 14, 2023

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. The Church Commissioners, which manages the CoE’s £10.3 billion (US$13.2 billion (US$13.2

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Edouard Stenger

NOVEMBER 30, 2018

More recently, another study showed it had to be done in OECD nations to comply with the Paris Agreement targets. Now, installing new wind turbines or solar farms is cheaper than keeping coal fired plants, as per the investment bank Lazard. This basically kills the business case for coal. Our future can be coal-free.

Divestment 52

Divestment Paris Agreement Waste Banking 52

Chris Hall

NOVEMBER 4, 2022

Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry. 4] Model legislation targets banks that divest from fossil fuel companies , ABC News (Dec.

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

MAY 31, 2024

A stronger possibility is that more investors choose to divest from Exxon, following continued examples of climate denial and obfuscating. In response to Exxon’s pursuit of legal action, more investors chose to voice their concern in the lead up to the AGM.

Climate Change 52

Climate Change Divestment Paris Agreement Value Creation 52

Chris Hall

JUNE 23, 2022

C Paris climate target, according to think tank Carbon Tracker. . 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. .

Net Zero 40

Net Zero Stranded Assets Paris Agreement Climate Change 40

Corporate Knights

JANUARY 26, 2023

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

Paris Agreement 340

Paris Agreement Banking Divestment Net Zero 340

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

Corporate Knights

OCTOBER 25, 2024

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.

Divestment 317

Divestment Net Zero Decarbonize Paris Agreement 317

Chris Hall

MAY 17, 2023

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)

Stewardship Code 52

Stewardship Code Net Zero Paris Agreement Divestment 52

Chris Hall

OCTOBER 7, 2022

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.

Negative Screening 52

Negative Screening Divestment Supply Chains Supply Chain 52

GreenBiz

SEPTEMBER 25, 2020

The intention is to align its portfolio with the goals of the Paris Agreement. 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. On the other side of the U.S.,

Paris Agreement 509

Paris Agreement Net Zero Supply Chain Supply Chains 509

Chris Hall

FEBRUARY 14, 2023

The alliance says: “Companies need to work now to develop and implement credible transition plans aligned with the Paris Agreement.” In a report Reclaim Finance notes that a tightening of the Race to Zero criteria “led to a pushback from some GFANZ members, and especially the big US banks ”.

Net Zero 52

Net Zero Paris Agreement Climate Change Banking 52

Chris Hall

AUGUST 4, 2023

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners said they would divest from oil and gas firms failing to align with climate goals, with energy majors, including BP, ExxonMobil and Shell, among others.

Paris Agreement 52

Paris Agreement Academics Divestment Climate Change 52

3BL Media

JANUARY 11, 2023

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. The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

JUNE 14, 2024

Few would-be leaders are planning their rise to power on the strength of their nationally determined contributions (NDCs) to the Paris Agreement. Fellow Californian public pension scheme CalPERS, owner of 9.2

Paris Agreement 78

Paris Agreement Sustainable Investment Climate Change Divestment 78

Richard Matthews

SEPTEMBER 20, 2021

University activists are increasingly citing the oil and gas industry’s targeting of kids in the classroom as another reason to divest from fossil fuels. The divestment solution. Divestment is an increasingly popular approach to combating the fossil fuel industry’s influence. The case for divestment is persuasive.

Divestment 62

Divestment Climate Change Stranded Assets Paris Agreement 62

Richard Matthews

JANUARY 4, 2022

The final agreement requests parties to come to COP27 next year in Egypt with updated plans on how to slash greenhouse gas emissions by 2030. Under the Paris Agreement, countries were only obliged to update their goals by 2025. trillion in assets, have committed to divest. Businesses, banks, and investors.

Climate Change 99

Climate Change Paris Agreement Waste COP26 99