article thumbnail

Divesting works: Study finds ditching fossil stocks lowers corporate footprints

Corporate Knights

Just before the launch of COP26, the UN climate conference in November, the DivestInvest network calculated that endowments, portfolios and pension funds worth nearly US$40 trillion have now committed to divesting their fossil fuel holdings. Eroding public support for the sector has been considered valuable work in itself.

article thumbnail

UK Launches “Green Nudge” Initiative to Encourage Sustainable Investment Choices

ESG Today

The UK government’s Department for Works and Pensions (DWP) announced today the launch of “Green Nudge”, a new three-week trial aimed at encouraging pension savers to make green investment choices and increase engagement on the sustainability of pension investments.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

"We are excited to join PCAF and to support the important work they are leading to build a methodology for global banks' efforts to track and measure climate change risks," said Audrey Choi, Morgan Stanley's chief sustainability officer and CEO of the Morgan Stanley Institute for Sustainable Investing.

Banking 365
article thumbnail

A tidal wave of new carbon emissions data soon will be upon us

GreenBiz

Sustainable investments should grow as divestment from carbon-intensive industries intensifies. As a result, we can expect to see personal, political and business incentives tilt in favor of more action to combat climate change. Faster private- and public-sector innovation to get emissions down should follow.

article thumbnail

Why Slow Money?

3BL Media

KEYWORDS: Farms, farming, local food, famers Markets, organic farming, organic food, Sprouts Farmers Markets, Whole Foods Markets, UNFI, slow money, slow food, Sustainability, Slow Money NoCal, Fiduciary Responsibility, slow money movement, ESG, environment, Nature, bees, pollinators, small farms, local food businesses, CSAs, community supported agriculture, (..)

COP26 130
article thumbnail

Fidelity to Vote Against Companies That Don’t Meet Deforestation-Related Expectations

ESG Today

Tan added: “We seek to make a difference not only through direct corporate dialogue but in collaboration with the industry through system-wide stewardship, helping to shape an enabling policy and regulatory environment which places a fair value on natural capital and the ecosystem services from which we all benefit.” ”

article thumbnail

Three New Green Labels for UK Funds

Chris Hall

The Financial Conduct Authority (FCA) has published its much-anticipated consultation outlining measures to tackle greenwashing, including the introduction of three categories for sustainable investments. The UK financial markets watchdog also plans to regulate providers of ESG data and scores. .