Corporate Knights

MAY 31, 2022

Pence was speaking at an oil and gas conference where executives are being asked tough questions by investors looking to decarbonize their portfolios. Thiel’s speech was made at a Bitcoin conference where attendees must have been upset about cryptocurrencies coming under fire for their heavy carbon footprint.

Sustainable Investment 363

Sustainable Investment Divestment Greenwashing Academics 363

3BL Media

MARCH 25, 2024

Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $125 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding as part of the Industrial Demonstrations Program (IDP). dollar, (18) changes in tax laws or U.S.

Decarbonize 162

Decarbonize Supply Chains Supply Chain Divestment 162

ESG Today

FEBRUARY 12, 2024

Netherlands-based PFZW, one of the largest pension funds in Europe, announced that it has exited its investment in over 300 fossil fuel companies, including Shell, BP and TotalEnergies, over a lack of convincing decarbonization plans, with only seven remaining in its portfolio.

Divestment 104

Divestment Paris Agreement Net Zero Decarbonize 104

ESG Today

AUGUST 18, 2024

This week in ESG news: Microsoft launches new multi-framework ESG reporting solution; Goldman Sachs exits Climate Action 100+ as political pressure builds; World Bank issues bond with interest linked to reforestation-based carbon removals; GM signs its largest-yet renewable energy deal; Texas expands its divestment list of financial companies “boycotting” (..)

Divestment 123

Divestment Banking Sustainable Investment Decarbonize 123

ESG Today

AUGUST 28, 2022

Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash. BlackRock-Temasek Decarbonization Fund Backs Climate Action Solutions Startup Carbon Direct. Firmenich Commits to Net Zero Emissions by 2039, Climate Targets Approved by SBTi. Government & Regulators.

Supply Chain 137

Supply Chain Supply Chains Net Zero Divestment 137

ESG Today

MARCH 27, 2024

politicians that the firm “boycotts” energy companies, stating that “BlackRock has never supported divesting from traditional energy firms.” Fink wrote: “Even the most climate conscious among them saw that their long-term path to decarbonization will include hydrocarbons, albeit it less of them, for some time to come.”

Divestment 117

Divestment Decarbonize Net Zero Digitalization 117

ESG Today

JANUARY 18, 2023

anti-ESG push has seen Florida pull $2 billion in assets from BlackRock’s management, placed on a list of ESG-supporting asset managers subject to potential divestment by Texas, and subject to accusations of “boycotting” energy companies by 19 state Attorneys General.

Divestment 138

Divestment Decarbonize Climate Change 138

3BL Media

SEPTEMBER 28, 2022

Free acknowledged that while these efforts are important and worthwhile, there needs to be more focus on decarbonization. Fortunately, in the past year, investors have started focusing more on decarbonization and offsets, according to Free. They need to showcase they are having a positive impact on the climate as well,” said Free.

Net Zero 130

Net Zero Divestment Decarbonize Paris Agreement 130

Corporate Knights

FEBRUARY 16, 2022

Actions and ambitions towards decarbonization have also increased. Cement carbon laggards Companies in the cement industry that were divested by NBIM. Prisons Company is recommended for divestment by the Investigate project of the American Friends Service Committee. Sustainable investments have now reached $4 trillion.

Net Zero 360

Net Zero Negative Screening Divestment Manufacturing 360

Corporate Knights

OCTOBER 17, 2022

Our $523-billion national pension manager is making big promises to decarbonize its portfolio by making large investments in climate solutions, pledging to report its absolute emissions, and using its influence and capital to help transition high-carbon industries. .

Net Zero 363

Net Zero Sustainable Investment Zero Carbon Greenwashing 363

ESG Today

MARCH 18, 2024

This transaction gives momentum to the decarbonization of hard-to-abate US emissions and marks a milestone on our journey to get to Net Zero by 2050, together with society.” TotalEnergies said that it aims to divest the latter 2 projects following the close of the acquisition, as they are farther away from the company’s assets.

Net Zero 117

Net Zero Divestment Decarbonize Shipping 117

3BL Media

JULY 12, 2024

Such performance improvements can materialize in the form of increasing revenues, decreasing costs, or de-risking of an investment, across various environmental and social and governance areas — at this moment, typically in connection with themes such as decarbonization, recycling and circularity and supply chain management.

Divestment 147

Divestment Supply Chains Supply Chain Decarbonize 147

ESG Today

MARCH 24, 2024

Deutsche Bank Ties Senior Exec Compensation to Loan Book Decarbonization Goals Private Equity & Venture Capital Carbon Accounting and Management Startup Greenly Raises $52 Million Fullerton Fund Management Raises $100 Million for Decarbonization Opportunities-Focused Private Equity Fund KKR Acquires Majority Stake in U.S.

Supply Chains 109

Supply Chains Supply Chain Green Bonds Decarbonize 109

ESG Today

JUNE 19, 2023

Michael Marks, Head of Investment Stewardship at LGIM, said: “From tackling climate lobbying to incorporating biodiversity risk, our expectations of companies are increasing – insufficient progress represents a systemic challenge which we will continue to challenge through the tools at our disposal, including divestment and voting sanctions.”

Net Zero 101

Net Zero Divestment Banking Shipping 101

ESG Today

FEBRUARY 18, 2024

Billion Green Bonds to Fund New Net Zero Chemical Plant Private Equity & Venture Capital Industrial Decarbonization Startup Celadyne Raises $4.5 Billion Green Bonds to Fund New Net Zero Chemical Plant Private Equity & Venture Capital Industrial Decarbonization Startup Celadyne Raises $4.5

Green Bonds 116

Green Bonds Net Zero Divestment Supply Chains 116

3BL Media

SEPTEMBER 30, 2024

Oliver Balch reports that new research from the campaign group Fashion Revolution indicates that 53% of the world’s biggest 250 fashion brands still lack a firm decarbonization target, and only one in 10 of the global brands studied disclose details of their energy procurement at the supply chain level.

Divestment 147

Divestment Waste Supply Chains Supply Chain 147

ESG Today

JUNE 16, 2024

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Telstra Ends Use of Carbon Credits to Increase Focus on Decarbonization Projects Swiss Re Signs 70,000 Tonne Biochar Carbon Removal Agreement with Carbonfuture Google Rolls Out New Clean Energy Purchase Structure (..)

Greenwashing 113

Greenwashing Divestment Decarbonize 113

3BL Media

SEPTEMBER 29, 2023

Creating consistent definitions that are applicable across markets and sectors will help to scale transition finance to ensure real-economy decarbonization, help financial institutions independently identify their risk exposure and the investment opportunity ahead. It also introduces the concept of Expected Emissions Reductions (EER).

Net Zero 113

Net Zero Decarbonize Divestment Global Economy 113

ESG Today

OCTOBER 30, 2024

Connor Teskey, CEO of Brookfield Renewable and president of Brookfield Asset Management, said: “We are pleased to be partnering with Ørsted to invest in four high-quality assets that are critical to supplying the UK with renewable power and supporting the country’s decarbonization objectives.

Divestment 105

Divestment Banking Decarbonize Development 105

ESG Today

DECEMBER 19, 2023

anti-ESG push has seen Florida pull $2 billion in assets from BlackRock’s management, placed on a list of ESG-supporting asset managers subject to potential divestment by Texas, and subject to accusations of “boycotting” energy companies by 19 state Attorneys General, including Tennessee. and holding back energy companies from producing oil.

Divestment 127

Divestment Net Zero Climate Change Decarbonize 127

ESG Today

MARCH 20, 2024

while also explaining that its approach to climate-related risks and opportunities focused on understanding the expected impact of these factors on companies’ strategies and long-term business models, and stressing that “it is not our role to engineer a specific decarbonization outcome in the real economy.”

Divestment 134

Divestment Decarbonize Banking 134

ESG Today

DECEMBER 7, 2022

Several Vanguard funds were included in a list of funds subject to potential divestment by Texas Comptroller Glenn Hegar, based on criteria that included having a commitment to climate-focused groups such as the Net Zero Banking Alliance or Net Zero Asset Managers Initiative. .”

Net Zero 128

Net Zero Decarbonize Divestment Banking 128

ESG Today

DECEMBER 2, 2024

BlackRock’s website also carries a ‘2030 net zero statement,’ which states that “our role is to help them navigate investment risks and opportunities, not to engineer a specific decarbonization outcome in the real economy.”

Net Zero 145

Net Zero Divestment Decarbonize 145

3BL Media

FEBRUARY 16, 2024

For Walter Ferrer, Managing Director of O-I Glass for the South-West Europe region, "this project makes a very tangible contribution to decarbonizing the Veauche site, improves its competitiveness and is in line with the company’s overall strategy towards sustainable development. dollar, (18) changes in tax laws or U.S.

Supply Chains 147

Supply Chains Supply Chain Decarbonize Divestment 147

3BL Media

SEPTEMBER 16, 2022

We couldn’t have initiated such an impactful project if we hadn’t been able to bring together our various experts on the environment, decarbonization, digital services and more. In 2021, we launched the Zero Carbon Project to help our top suppliers halve their CO2 emissions in less than five years.

Decarbonize 130

Decarbonize Divestment Net Zero Supply Chains 130

ESG Today

SEPTEMBER 10, 2022

In his most recent annual CEO letter , Fink further detailed the climate-focused investment case, forecasting a “tectonic shift” in capital towards sustainable investing, and calling the decarbonization of the global economy “the greatest investment opportunity of our lifetime.”.

Net Zero 145

Net Zero Global Economy Divestment Sustainable Investment 145

3BL Media

APRIL 19, 2022

DESCRIPTION: Investors and regulators increasingly expect companies to have both a decarbonization strategy (greenhouse gas accounting, science-based targets, low-carbon transition plan) and a climate resiliency strategy (managing acute/chronic physical risks and regulatory/market transition risks). SOURCE: Antea Group.

Divestment 130

Divestment Development Climate Change Supply Chains 130

3BL Media

JANUARY 11, 2023

Most of this new capacity will be directed toward decarbonizing industrial emitters such as cement and petrochemicals, and the power sector. The divestment movement will wane. By the end of 2023, the cumulative CCUS capacity expected by 2030 could be almost 420 million tons, a 50% increase. Julia Attwood, head of sustainable materials.

Supply Chains 130

Supply Chains Supply Chain Paris Agreement Divestment 130

Sustainability Update

SEPTEMBER 15, 2024

Oliver Balch reports that new research from the campaign group Fashion Revolution indicates that 53% of the world’s biggest 250 fashion brands still lack a firm decarbonization target, and only one in 10 of the global brands studied disclose details of their energy procurement at the supply chain level.

Waste 40

Waste Divestment Supply Chains Supply Chain 40

Corporate Knights

OCTOBER 25, 2024

Engagement and divestment both have a role to play The engagement versus divestment debate has been ongoing in the investor community. That is, by showing up to shareholder meetings and trying to steer portfolio companies toward decarbonization. Companies need transition plans that show capital-expenditure alignment with 1.5°C

Divestment 313

Divestment Net Zero Decarbonize Paris Agreement 313

Chris Hall

MAY 6, 2022

To drive alignment in portfolios – including achieving economy-wide decarbonization and a just transition – an investment strategy should prioritise engagement and stewardship and direct management (where relevant), particularly for existing assets. Examples of areas to prioritise and practices to follow: Science Based Targets.

Net Zero 52

Net Zero Paris Agreement Divestment Climate Change 52

GreenBiz

JANUARY 25, 2021

This transition will require a far sharper focus on short-term, sector-specific benchmarks tied to decarbonization pathways — starting with the high-impact industries that matter most for solving the climate crisis. . Support regulations and policies required to decarbonize. Asset owners will demand no less of asset managers.

Net Zero 478

Net Zero Divestment Decarbonize Banking 478

Jon Hale

JANUARY 28, 2022

Moreover, an academic study just published in the Journal of Banking and Finance found that “decarbonization selling pressure” does negatively affect the stock prices of divested firms and contributes to the reduction of these firms’ carbon emissions.

Sustainable Investment 52

Sustainable Investment Climate Change Academics Divestment 52

Corporate Knights

MAY 9, 2024

At the same time, they’ve started asking themselves how they can profitably invest in climate solutions and decarbonization so that their investments are making the future better, not worse, for their members. Their goal is laudable and essential: climate safety depends on real-world decarbonization.

Decarbonize 348

Decarbonize Divestment Development Climate Change 348

Corporate Knights

JULY 11, 2023

The Church of England has announced it will divest from Shell, finally acknowledging the failure of more than a decade of investor efforts to convince the oil and gas sector to align with global climate goals. The respected investor is now divesting from all fossil fuels by the end of 2023 and will no longer try to engage with oil and gas.

Net Zero 201

Net Zero Divestment Paris Agreement Decarbonize 201

GreenBiz

MAY 17, 2021

Decarbonized buildings. Today, he makes his living nudging others — namely corporate executives — toward a decarbonized sustainable future. Finding herself the only Black person in the student divestment group, everything clicked. "I Mon, 05/17/2021 - 00:01. Their dreams are bright: Walkable, equitable cities.

Waste 517

Waste Climate Change Supply Chains Supply Chain 517

3BL Media

AUGUST 24, 2022

California required SCE and other investorowned utilities to divest the majority of their generation assets beginning in the late 1990s in order to promote competitive energy pricing. Among other things, SCE divested from and terminated all contracts with coal-burning resources and, since 2015, has had no coal in its specified portfolio.

Climate Change 130

Climate Change Net Zero Divestment Decarbonize 130