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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Recent months have seen major moves on climate action by some of the world’s largest private banks, including JPMorgan Chase, HSBC and Morgan Stanley. What sets this latest wave of climate pledges by financial institutions apart from past announcements? Disclosure and reporting. Pull Quote.

Net Zero 365
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Women are leading in the fight against climate change. By joining forces, we can amplify that impact

We Mean Business Coalition

This article was first published in Reuters Women have been a major force behind the most important milestones we have achieved on fighting climate change. When you look hard at climate progress, you can see the mark of women leaders. The climate space urgently needs more of the qualities that women leadership can bring.

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IIGCC Offers Ratios to Track Portfolios’ Climate Impact

Chris Hall

Asset owners should track their contributions to climate change mitigation by calculating the green investment ratio of portfolios and assets, according to a recent report by the Institutional Investors Group on Climate Change (IIGCC). . Comprehensive snapshot” .

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Divided We Fall: Why The Climate Community Can’t Afford To Break Apart

We Mean Business Coalition

Scientists have warned rising temperatures, exacerbated by climate change, are becoming a public health hazard for a region home to more than 30 million people. Climate change is here, changing where and how we live and restricting the ability of communities, governments and businesses to operate.

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Banks Must Radically Change Climate Perspective

Chris Hall

It will also intensify its work on the effects of transition funding, green investment needs and transition plans, exploring the case for further changes to its monetary policy instruments and portfolios. These announcements followed the ECB’s third assessment of European banks’ progress on the disclosure of climate and environmental risks.

Banking 75
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Engagement Alone Unable to Resolve Energy Impasse – PME

Chris Hall

Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren. In response, PME has divested from fossil fuel investments and redirected the funds towards the energy transition by focusing on solar and wind projects.

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Take Five: No Magic Green Wand

Chris Hall

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. Just one more.