Corporate Knights

JANUARY 25, 2023

The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. On the face of it, it is.

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Climate Change Net Zero Stranded Assets Shipping 313

Environmental News Bits

SEPTEMBER 29, 2021

Download the document.

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Stranded Assets Net Zero Climate Change 81

3BL Media

SEPTEMBER 29, 2023

Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate. South Pole can help you navigate the existing framework as well as the new net zero guidance (FINZ) which will replace it in Q4 2023. However, greater action is required to fully realise this.

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Net Zero Divestment Banking Stranded Assets 113

Chris Hall

JANUARY 3, 2024

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

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Net Zero Paris Agreement Stranded Assets Climate Change 72

3BL Media

MAY 17, 2022

For decades, scientists have studied the risks of increasing greenhouse gas (GHG) emissions on the earth’s climate. The signals of early-stage climate change are becoming unmistakably visible. As the recent Intergovernmental Panel on Climate Change (IPCC) report on climate adaptation stated: “Global warming, reaching 1.5°C

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Corporate Knights

MARCH 20, 2023

A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on Climate Change (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

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Climate Change Stranded Assets Decarbonize Paris Agreement 282

3BL Media

DECEMBER 9, 2023

This step, which doubles down on the pension fund’s climate investing plans for the next seven years, underpins the comprehensive strategy that CalPERS laid out for achieving its goal of cutting emissions from its portfolio investments to net zero by 2050 while assuring long-term financial results for its pensioners.

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Net Zero Stranded Assets Climate Change Manufacturing 147

Chris Hall

OCTOBER 22, 2024

This is according to a study by global asset manager Invesco and Sweden’s fourth national pension fund, AP4, who recently partnered up to explore the road to net zero for institutional investors. It now aims to further halve its emissions by 2030 compared to 2020 levels – with the long-term goal of achieving net zero by 2040. “We

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Net Zero Paris Agreement Divestment Stranded Assets 52

Corporate Knights

JUNE 19, 2024

Those current climate projections prompted world leaders at the last UN climate summit, COP28 in Dubai, to agree to “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner” to avoid the worst of climate change. But carbon capture remains unproven and expensive – a $2.4-billion

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Stranded Assets Net Zero Development Banking 176

Chris Hall

OCTOBER 28, 2022

Orderly path to net zero requires social and natural dimensions to be built into transition plans. . Workers, suppliers, communities and consumers should not be forgotten by institutional investors when developing net zero transition strategies. . Building blocks . Building blocks .

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Net Zero Stranded Assets Banking Development 98

ESG Today

MARCH 14, 2024

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its “Powering Progress” strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

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Net Zero Stranded Assets Paris Agreement Climate Change 104

ESG Today

JULY 25, 2023

The guidelines released alongside the framework provide a standardized methodology to ensure that future government support is aligned with the country’s climate and energy priorities, and precludes funding of discretionary programs not aligned with the framework.

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Stranded Assets Net Zero Clean Technology Global Economy 97

Chris Hall

SEPTEMBER 13, 2023

The UK’s net zero transition depends on huge amounts of private capital that can only be unlocked through climate policy certainty. trillion (US$1.89

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Net Zero Climate Change Stranded Assets Green Investing 89

ESG Today

JANUARY 25, 2023

Build more investor confidence in green infrastructure projects The greatest fear that many investors have around investing in green infrastructure projects is that they become “stranded assets.” To prevent this, governments must make a long-term commitment to a green energy source such as hydrogen or nuclear.

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Stranded Assets Paris Agreement Net Zero Supply Chains 104

Chris Hall

OCTOBER 10, 2024

Panellists warned PRI in Person delegates against the risk of stranded assets, insisting on the need to prepare society for challenges to come. Another dire report today…” commented Catherine McKenna, former Canadian environment minister and Chair of the UN Secretary-General’s High-level Expert Group on Net Zero Emissions Commitments.

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Chris Hall

SEPTEMBER 13, 2024

For institutional investor clients that understand the risks that climate change (and other systemic risks) pose to their portfolio returns, engagement is an invaluable tool to help mitigate climate-related risks. For climate-related financial risks, decarbonisation and real-world emissions reductions are essential.

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Sustainability Matters

MARCH 20, 2023

The Intergovernmental Panel on Climate Change ( IPCC ) has issued its final warning for the 2020s to act swiftly on climate change. But the reality is that in recent years finance has created $88 trillion and this is changing everything. For more details, visit: [link].

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Chris Hall

JULY 31, 2023

Creon Butler, Director, Global Economy and Finance Programme at think tank Chatham House, made a similar warning of a “probable sharp adjustment” this month , saying that “financial markets did not yet reflect climate risk” despite the clear severe economic and financial consequences of climate change.

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Climate Change Stranded Assets Banking Climate Scientist 98

Chris Hall

JUNE 21, 2023

Wildfires and weak ambition The bill is progressing against a backdrop of increasing evidence of the physical risks of climate change in Canada. Thousands of people have been evacuated, with millions more exposed to air pollution caused by wildfires across the country. billion (US$4.7

Banking 97

Banking Net Zero Stranded Assets Climate Change 97

Chris Hall

MARCH 31, 2023

Jose Pugas , Head of Responsible Investments and Engagement at JGP Asset Management , explains why scal ing -u p finance between the global north and south for nature-based solutions is essential to tackle climate change and biodiversity loss. Brazil is the most biologically diverse country in the world.

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Net Zero Supply Chains Supply Chain Stranded Assets 98

3BL Media

AUGUST 8, 2022

This is for good reason: buildings and properties have been one of the first major assets to be directly impacted by climate change. Staying up to speed on the latest trends in ESG disclosure will ensure your business is prepared to meet changing stakeholder demands.

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Chris Hall

JANUARY 30, 2024

Successful litigation forcing companies to recognise stranded assets, accelerate their net zero transition, or pay damages for their contribution to environmental and human rights harms could pose significant financial shocks in some industries, with investors paying the price.”

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Corporate Knights

JULY 25, 2023

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

APRIL 14, 2023

These shareholder proposals also encourage banks to be mindful of facilitating and upholding business plans that invest in the development of new assets at disproportionate risk of becoming stranded assets. Proponents of the resolutions acknowledge the near-term need for fossil fuels. US and Canadian banks need to get on board.

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Banking Greenwashing Net Zero Stranded Assets 98

Chris Hall

OCTOBER 10, 2022

Financial institutions need to segment their portfolios into transition, net zero-aligned and stranded assets and develop clear emissions reduction plans in line with recognised 2030 and 2050 targets, said Mark Carney, Founder and Co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ).

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Net Zero Stranded Assets Banking UNEP 52

Chris Hall

MAY 27, 2022

The private sector’s ability to accelerate the pace of net zero transition is open to question. 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.

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Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. For the first time, the IMO has also agreed on an overarching objective to achieve net zero greenhouse gas (GHG) emissions by or around 2050.

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Shipping Net Zero Stranded Assets Development 81

Chris Hall

MARCH 4, 2022

But will the energy giants diversify from or double down on fossil fuels in response to inevitable write-offs on stranded assets? And the latter can hardly be considered safe in the hands of a military-grade tyrant with as idiosyncratic a grasp of climate science as history. Away from Europe, there was some good news.

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Divestment Stranded Assets Net Zero Climate Change 52

Chris Hall

JUNE 23, 2022

The report warns that fossil fuel demand will peak as government policies to cut emissions, asset owners’ net-zero commitments and the rapid growth of clean energy technologies combine to transition the economy towards renewables. C, in line with the Paris Agreement goal. . “If C, Carbon Tracker found. .

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Net Zero Stranded Assets Paris Agreement Climate Change 40

Chris Hall

APRIL 21, 2023

This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments. The post Investors to Hold US Banks and Insurers to Account on Climate appeared first on ESG Investor.

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Banking Net Zero Stranded Assets Climate Change 52

We Mean Business Coalition

NOVEMBER 8, 2022

Loss and damage relates to climate-related impacts which cannot be adapted to. Loss and damage is happening because we have not adequately tackled climate change, cut emissions or taken action to adapt. Will a company’s investment take it a step closer towards a net zero world, or will it be a stranded asset tomorrow?

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Net Zero Stranded Assets COP26 Greenwashing 52

Envirotec Magazine

SEPTEMBER 17, 2021

These countries need affordable, reliable and clean energy to support their socio-economic development and to mitigate climate change. This stands in contrast with China’s domestic energy policy, which is prioritizing a transition to renewable energy, peak emissions before 2030 and a net-zero economy by 2060.

Net Zero 52

Net Zero Stranded Assets COP26 Development 52

Chris Hall

APRIL 5, 2022

Members of the IIGCC demand improved transparency on economic impacts of climate change and associated policy action. . trillion in assets are challenging corporate audit committee chairs on their continued omission of climate risks in financial reporting ahead of the 2022 annual general meeting (AGM) season. .

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Climate Change Stranded Assets Net Zero Impact Investing 52

Chris Hall

MAY 19, 2023

Yet, despite this uncertainty, decarbonisation is a megatrend; driven by the need to reach net zero by 2050 if the world is to avoid catastrophic climate change. For the economy, business and investors, decarbonisation means massive change and a need to completely re-build energy infrastructure.

Net Zero 52

Net Zero Stranded Assets Development Climate Change 52

Chris Hall

JANUARY 30, 2024

Successful litigation forcing companies to recognise stranded assets, accelerate their net zero transition, or pay damages for their contribution to environmental and human rights harms could pose significant financial shocks in some industries, with investors paying the price.”

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Greenwashing Stranded Assets Net Zero Banking 59

Chris Hall

AUGUST 23, 2023

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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Stranded Assets Net Zero Climate Change Divestment 52

Chris Hall

OCTOBER 10, 2024

Panellists warned PRI in Person delegates against the risk of stranded assets, insisting on the need to prepare society for challenges to come. Another dire report today…” commented Catherine McKenna, former Canadian environment minister and Chair of the UN Secretary-General’s High-level Expert Group on Net Zero Emissions Commitments.

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