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2020: Fossil fuels are dead, long live the sun

GreenBiz

Tankers at anchor in the Houston Ship Channel started bumping into each other, but the oil kept flowing. . This helps explain why more than $11 trillion have been divested from fossil ownership, even before the University of California announced that it was divesting its $80 billion portfolio. What happened?

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LGIM Sets Climate, Biodiversity & Lobbying Expectations for “Dial Mover” Companies

ESG Today

Michael Marks, Head of Investment Stewardship at LGIM, said: “From tackling climate lobbying to incorporating biodiversity risk, our expectations of companies are increasing – insufficient progress represents a systemic challenge which we will continue to challenge through the tools at our disposal, including divestment and voting sanctions.”

Net Zero 101
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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. times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). trillion USD in fossil fuels.

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Take Five: The Heat is on

Chris Hall

Described by Secretary-General Kitack Lim as a “monumental development” which “opens a new chapter towards maritime decarbonisation ”, the strategy only targets “striving for 10%” uptake of near-zero GHG emission fuels and energy sources by international shipping by 2030.

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Fast Fashion Race Losing Speed  

Chris Hall

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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The New Rules of Engagement

Chris Hall

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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The 2021 GreenBiz 30 Under 30

GreenBiz

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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