Remove Decarbonize Remove Divestment Remove Sustainable Investment
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The biggest carbon losers

Corporate Knights

This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. Other (9%).

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Four key lessons from the world’s top responsible investors

Corporate Knights

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

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ESG isn’t a scam. Here’s why.

Corporate Knights

Pence was speaking at an oil and gas conference where executives are being asked tough questions by investors looking to decarbonize their portfolios. They show that many large financial firms are just paying lip service to sustainable investing, and we shouldn’t kid ourselves to think that they are in it to change the world.

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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

Graham’s speech also included dubious statements about divestment and the pace of transition away from fossil fuels, claiming that the “global investment community has also changed its tune when it comes to fossil fuel divestment.” This “consensus” is imaginary.

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Memo to CPPIB: There’s no such thing as ‘no-carbon oil’

Corporate Knights

Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on Sustainable Investing , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks.

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ESG Today: Week in Review

ESG Today

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” (..)

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ESG Today: Week in Review

ESG Today

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Florida Bans ESG Investing in $228 Billion State Pension Funds. Texas Places BlackRock, Credit Suisse & UBS on Divestment List for “Boycotting” Fossil Fuel Companies in Anti-ESG Backlash.