Remove Climate Change Remove Divestment Remove Stranded Assets
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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?

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Carbon Metrics Key to Investors’ Net Zero Path

Chris Hall

Reasons are manifold but include better risk management, earlier identification of stranded assets, and the realisation that Paris Agreement goals are in jeopardy. The results affect divestments in our portfolio.” Climate-intensive companies tend to be highlighted by this metric and yield the best and worst scores.

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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.

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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.

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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.

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IGCC Devises Climate Resilience Strategy

Chris Hall

Adaptation themes will be incorporated into the network’s workstreams over the next two years. To better stimulate investment in climate resilience across Australia and New Zealand, the Investor Group on Climate Change (IGCC) has developed its ‘ Road to Resilience ’ strategy.

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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.