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Oregon Leads Way on US Climate Plans 

Chris Hall

The Oregon State Treasurer disclosed plans earlier this month to transition the Oregon Public Employees Retirement Fund’s portfolio (OPERF) to net zero, as more US states prepare to launch transition plans for their public pension funds.

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Take Five: Onwards and Upwards

Chris Hall

First, the UN-convened Net Zero Asset Owner Alliance told us of a steepening uphill struggle, but an effective one driven by target-setting across activities and sectors. The end of the beginning – The Net Zero Asset Owner Alliance also urged further efforts to “reform the current multilateral financial architecture”.

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Commitment to Customers, Transparency, and Decarbonization

3BL Media

Second, we strengthened our greenhouse gas (GHG) emissions data gathering, methodology documentation, and reporting processes and controls. NRG’s climate goals are to reduce GHG emissions by 50% by 2025 from the current 2014 base year and to achieve net zero by 2050.

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Investors Warned of Six Shades of Greenwashing

Chris Hall

The challenge for investors and regulators of identifying exaggerated claims by firms about their transition to sustainable and climate-positive practices has grown rapidly. A document seen by Reuters revealed that the EU has drafted plans to require companies to support green claims about their products with detailed evidence.

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Take Five: From America to the World

Chris Hall

In other US climate-positive news, the Biden administration recently awarded US$4.3 billion in federal grants across 30 states to 25 projects aiming to boost clean-energy development and reduce the nation’s greenhouse gas emissions.