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DESCRIPTION: On the heels of COP26, investors are not only thinking about the climate-related risks of companies within their portfolios, but they are also considering whether to make new investments or maintain existing investments in high-emitting companies or countries going forward. SOURCE: Franklin Templeton.
From companies looking to select cleaner manufacturing suppliers, to investors seeking to divest from polluting industries, to consumers making choices about which businesses to patronize, one thing is clear: a reliable way to measure where emissions are coming from is necessary," they wrote.
Aviva Investors expressly referred to divestment as a potential strategy to achieve these goals. But he said Blackrock would not pursue a divestment policy from fossil fuels, although the firm would allow clients to do so.
C increase over pre-industrial temperatures was hanging by a thread at the end of COP26, subsequent economic and geopolitical events appear to have dealt a blow to those ambitions – at least in the short term. The sense of optimism at COP26 turned out to be short lived. “We Beast from the east.
Events this week underlined calls for acceleration by GFANZ Co-chair Carney. Overall, fossil fuel firms’ strategies are still too reliant on asset divestment and unproven technologies, according to a new Carbon Tracker report. Does this mean polluters’ net zero plans are now on the right track?
Many of the communities dealing with this recent flooding have already had to deal with a range of cascading climate events in recent years. Australia adopted an economy-wide target of net zero emissions by 2050 in the run-up to COP26. At COP26 in Glasgow, Australia refused to commit to phasing out coal.
International cooperation is the goal of the annual Conference of the Parties (COP) and despite being dismissed as a failure, the final agreement at COP26 emphasized the importance of nature and ecosystems, including protecting forests and biodiversity. trillion in assets, have committed to divest. protect lands and forests.
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