Remove Climate Change Remove Divestment Remove Stranded Assets
article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Support for decarbonisation has also been spurred on by Climate Action 100+ , a group of over 570 investors engaging with large organisations to take action on climate change and drive emission reductions, with further pressure on investment groups anticipated as more focus is placed on their emissions and climate impacts.

Net Zero 113
article thumbnail

Options Still Open for Fossil Fuel Engagement

Chris Hall

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Investors Face Direct Risk from Climate Litigation

Chris Hall

The risk could also manifest in strategic litigation being brought or encouraged by NGOs seeking to compel or exert pressure on investors to change investment strategy. Investors often underestimate indirect legal risks despite the financial toll of lawsuits against investee companies,” Clarke said.

article thumbnail

ICYMI, an Ill Wind is Blowing From the East

Chris Hall

By divesting its 20% stake in Rosneft, BP also disposed of around a third of its oil supplies. As divestment sceptics know, there’s a big difference between reducing portfolio and real-world CO2 emissions. But will the energy giants diversify from or double down on fossil fuels in response to inevitable write-offs on stranded assets?

article thumbnail

ICYMI, Governments and Regulators are Making the Running

Chris Hall

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.

article thumbnail

Investors Face Rising Direct Risk from Climate Litigation

Chris Hall

The risk could also manifest in strategic litigation being brought or encouraged by NGOs seeking to compel or exert pressure on investors to change investment strategy. Investors often underestimate indirect legal risks despite the financial toll of lawsuits against investee companies,” Clarke said.

article thumbnail

All Systems go for Net Zero

Chris Hall

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 Taking a tough stance in the AGM season may not be effective without broad-based support or a deeper toolbox, as UK asset owners found out last year.