Chris Hall

JANUARY 23, 2024

trillion) in AUM co-filed a climate resolution at Shell, calling for the European oil and gas major to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement. It may clean up the portfolio, but it doesn’t clean up the world.” Nest also views climate change as a systemic risk.

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Divestment Paris Agreement Net Zero Climate Change 72

Chris Hall

MAY 22, 2024

This backsliding has increased polarisation between investors, with some choosing to divest and others – in recognition of their responsibility as universal owners – doubling down on engagement with the sector. There is value in engagement, provided it happens over a defined period and there are defined outcomes.

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Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

OCTOBER 22, 2024

Invesco, AP4 evaluate potential of integrating climate alignment in portfolio srategies, reflecting investor appetite to move away from purely backward-looking approach. Choosing the right method to measure portfolio emissions is crucial to investors’ alignment with the Paris Agreement, and should reflect their strategy.

Net Zero 52

Net Zero Paris Agreement Divestment Stranded Assets 52

Chris Hall

OCTOBER 13, 2023

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren.

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Divestment Paris Agreement Climate Change Net Zero 59

3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, they can engage with their portfolio companies to support emission reduction targets in line with climate science.

Net Zero 113

Net Zero Divestment Stranded Assets Banking 113

Chris Hall

JUNE 14, 2024

Having published a report claiming “bullying” of members by the investor-led Climate Action 100+ (CA100+) coalition, the House Judiciary Subcommittee on the Administrative State, Regulatory Reform, and Anti-trust heard from investor network Ceres, shareholder advocacy group As You Sow and CalPERS – the US’s largest public pension fund.

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Paris Agreement Sustainable Investment Climate Change Divestment 78

Chris Hall

APRIL 19, 2024

As global momentum builds behind transition planning, Mark Manning, Senior Visiting Fellow at the London School of Economics, makes the case for a systemic response to the challenges of climate change. Arguably, we need to be thinking about transition planning as a system response to the challenges of climate change.”

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Net Zero Paris Agreement Climate Change Banking 81

James Militzer

MARCH 2, 2023

C threshold (above pre-industrial levels) stipulated in the Paris Agreement. These young people have grown up under the shadow of climate change, and they rightly view it as a threat to their future. As we move further into 2023, it can take a lot of energy to think about energy.

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Supply Chain Supply Chains Climate Change Development 98

Chris Hall

MARCH 10, 2022

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. degrees Celsius.

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Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

FEBRUARY 11, 2022

In September, the CMA issued a consultation to help inform its advice to the UK government on how competition and consumer regimes can better support the UK’s Net Zero and sustainability goals, including preparing for climate change. Limits to power of collaboration. Removing impediments.

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Net Zero Climate Change Paris Agreement Divestment 97

Chris Hall

JANUARY 3, 2024

COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. C of warming, the Inevitable Policy Response calculates that current government policies, ie those in place pre-COP28, will only limit climate change to 1.8°C

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

JUNE 13, 2024

But the government has drawn criticism regarding its ability to achieve agreed climate targets – such as a 100% reduction of greenhouse gas emissions by 2050 compared with 1990 levels – even from its own Climate Change Committee. In May, a High Court ruling ordered it publish a revised net zero strategy.

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Net Zero Divestment Supply Chain Supply Chains 89

Chris Hall

NOVEMBER 30, 2023

Climate Action 100+ (CA100+) has increased investor representation on its global steering committee, adding Phoenix Group Head of Stewardship Valeria Piani alongside five others to further expand its geographic experience and expertise.

Net Zero 59

Net Zero Climate Change Paris Agreement Sustainable Investment 59

Chris Hall

SEPTEMBER 18, 2023

Research will span the introduction of the Paris Agreement in 2016 to the conclusion of the 2023 proxy season, with the aim of comparing the voting patterns of asset owners and managers.

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Paris Agreement Climate Change Divestment Net Zero 59

Chris Hall

MAY 27, 2022

When it comes to gathering the collective will to tackle climate change, it is often argued that public policy actions and private sector commitments are mutually reinforcing, spurring each side to go further and faster. The private sector’s ability to accelerate the pace of net zero transition is open to question.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

MARCH 25, 2022

British businesses with over 500 employees and £500 million in turnover join pension funds with £5 billion or more in assets – and asset managers and insurers with a premium listing – in producing an annual report that explains how they are managing the risks and opportunities presented by climate change.

Paris Agreement 52

Paris Agreement Climate Change Net Zero Supply Chain 52

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”.

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Net Zero Carbon Offsets Paris Agreement Divestment 80

Chris Hall

APRIL 14, 2023

In its annual sustainability report , it details how its universal owner status means its stewardship framework must manage risks related to climate change, biodiversity loss, and human rights. The post The “Ripple Effect” of Universal Ownership appeared first on ESG Investor.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

MAY 6, 2022

These are aligned with and complementary to the investor net-zero alliances guidance, providing a good stepping stone for investors early on in their net-zero journeys that accounts for differences in progress in investors’ climate journeys. engagement, divestment & exclusions, climate solution financing, and (within) sector reallocation.

Net Zero 52

Net Zero Paris Agreement Divestment Climate Change 52

Chris Hall

JUNE 21, 2022

Data gaps shouldn’t prevent large pension schemes from beginning to measure and disclose the extent of portfolio alignment with the Paris Agreement, said the UK government following its consultation on climate and investment reporting. C temperature pathway.

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Paris Agreement Stewardship Code Climate Change Divestment 52

Chris Hall

JULY 14, 2023

We have primarily concentrated on the oil and gas industry, but the outcomes have been disappointingly limited, particularly with recent target reversals. “It may be necessary to reconsider our approach.” However, for some investors the limited progress of the oil and gas industry on climate forced them to cut ties with the sector.

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Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MAY 31, 2024

But, as a long-term investor, we also believe that Exxon and the other companies we own must take seriously the risk that climate change poses to business and to the overall health of markets over the long term.” Exxon is required to disclose the full breakdown of votes at the AGM within four business days.

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Climate Change Divestment Paris Agreement Value Creation 52

Chris Hall

JUNE 23, 2023

Stephanie Maier , Founding Global Steering Committee Member at Climate Action 100+, says the initiative’s second phase will priorit ise “ actual emissions reductions, not just targets ”. n December 2015, the world took a vital step in tackling climate change by adopting the Paris Agreement.

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Net Zero Paris Agreement Climate Change Divestment 52

Chris Hall

MARCH 17, 2023

In Interlaken, Switzerland, governments conducted the painstaking business of approving the key messages for policymakers of the latest Synthesis Report from the Intergovernmental Panel on Climate Change (IPCC), aka the world’s foremost climate scientists. In Canada and Europe, the emphasis is on transition.

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Net Zero Paris Agreement Divestment Climate Scientist 52

Chris Hall

NOVEMBER 4, 2022

While responding to customer or limited partner demand for ESG investments, funds are also looking to ESG-screened investments to outperform other investments because they have identified and better managed macro risks such as climate change and social unrest. Indeed, more than US$500 billion poured into ESG?oriented

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Divestment Paris Agreement Sustainable Investment Climate Change 52

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.

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Net Zero Paris Agreement Banking Climate Change 52

Chris Hall

FEBRUARY 14, 2023

More than nine out of ten (92%) focus companies have some level of executive oversight of material climate-related issues, and 75% of companies have committed to net zero by 2050. We’ve made a lot of progress in terms of changing conversations with companies; talking about net zero is normalised.”

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Net Zero Paris Agreement Climate Change Banking 52

Chris Hall

MAY 19, 2022

Thirty-seven of the 60 assessed asset owners and managers have not provided aggregate statistics on their climate change engagements, and only 29 said they monitor the progress of their engagements – climate-related or otherwise. Only ten of the 29 have reported on that progress. .

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Net Zero Climate Change Paris Agreement Divestment 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. Ending fossil fuels subsidies and divesting away from coal will put the final nails in the coffin. A 2010 US study showed that stopping burning coal could be done by 2030 with renewables and energy efficiency.

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Divestment Paris Agreement Waste Banking 52

Chris Hall

FEBRUARY 9, 2024

The Institutional Investors Group on Climate Change , however, remained optimistic , endorsing the 2040 Impact Assessment’s recognition of the need for a collaborative approach to project pipelines and finance models, based on a “predictable and simplified” regulatory environment.

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Net Zero Paris Agreement Green Investing Climate Change 78

Chris Hall

JULY 21, 2023

As the urgency to address climate change intensifies, institutional investors have a crucial role to play in driving sustainable practices and advancing climate actions. Institutional investors have a critical role to play in addressing climate change, and Article 9 funds provide a valuable avenue for their participation.

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Sustainable Investment Greenwashing Climate Change Paris Agreement 52

Chris Hall

JUNE 2, 2023

Perhaps more encouragingly, almost a fifth of shareholders voted in favour of resolutions calling on ExxonMobil and Shell to accurately disclose the role of asset transfers in their reported GHG emissions reductions, which would stop them claiming CO2 cuts from divestments.

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Paris Agreement Climate Change Divestment Supply Chain 52

Chris Hall

JULY 6, 2022

Stewardship is widely considered one of the most effective tools in an asset owner’s toolbox to ensure companies are prioritising ESG-related issues, such as mitigating the effects of climate change. . “ Plotting a path to Paris .

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Net Zero Stewardship Code Paris Agreement Climate Change 52

Chris Hall

AUGUST 22, 2022

“The Climate Action Plan is just one aspect of our approach,” Minns told ESG Investor. “We But in the immediate term climate change rose to the fore and we wanted to put our plan on paper.” . Multi-pronged climate engagement . We are looking at our approach across a variety of other environmental and social factors.

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Net Zero Paris Agreement Divestment Climate Change 52

Chris Hall

AUGUST 31, 2022

Regulators recently published results of their analyses of UK corporates’ 2021 filings on climate risks and governance. Reporting in line with the TCFD framework, which measures financial risk linked to climate change, ought not to be the full story for pension schemes, added Martindale. Cabove pre-industrial levels.

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Climate Change Net Zero Paris Agreement Divestment 52

Chris Hall

JUNE 23, 2022

C, in line with the Paris Agreement goal. . “If Embedded emissions in the fossil fuel reserves of listed companies – the amount of CO2 that would be released if they were extracted and burned – have grown by nearly 40% in the last decade, the research found, despite a growing urgency to tackle climate change risks. .

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Net Zero Stranded Assets Paris Agreement Climate Change 40

Chris Hall

MARCH 23, 2022

Despite suffering severe impacts from climate change, Australia remains married to coal, but alternative energy opportunities are emerging. Many of the communities dealing with this recent flooding have already had to deal with a range of cascading climate events in recent years.

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Net Zero Climate Change COP26 Climate Action Tracker 52