Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. Some managers might not cover Scope 3 emissions,” he notes.

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Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

OCTOBER 22, 2024

Choosing the right method to measure portfolio emissions is crucial to investors’ alignment with the Paris Agreement, and should reflect their strategy. Reasons are manifold but include better risk management, earlier identification of stranded assets, and the realisation that Paris Agreement goals are in jeopardy.

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Net Zero Paris Agreement Divestment Stranded Assets 52

3BL Media

SEPTEMBER 28, 2022

It is estimated that $15 trillion a year must be put toward green technologies to meet net-zero emissions. As climate data becomes more democratized, it will provide a better understanding of which ESG initiatives aid progress toward a net-zero world. trillion, even more investment is needed.

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Net Zero Divestment Decarbonize Paris Agreement 130

Chris Hall

MARCH 21, 2025

These can boost investment not only in defence, but also other critical objectives including the net zero transition. As Sarasin observed , Most of Equinors largest development projects are expected to operate beyond 2050 to be viable, making them reliant on demand exceeding the Paris Agreement goals.

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Green Bonds Net Zero Paris Agreement Sustainable Investment 80

Chris Hall

OCTOBER 5, 2022

An investor’s decision to divest “doesn’t mean an end to all ESG-focused engagement with that company”, according to Eric Nietsch, Head of Sustainable Investing for Asia at Manulife Investment Management. . There’s ultimately a place for both engagement and divestment,” said Nietsch. “If Multi-year effort .

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Divestment Net Zero Paris Agreement Sustainable Investment 52

Chris Hall

MAY 6, 2022

Similarly, Accenture has found – as exemplified by assessing the 1,000+ largest listed European companies – that the vast majority are not on track to hit their net zero climate goals. Reaching net zero. Still however, there is no standardisation on how to evaluate and validate forthcoming targets.

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Net Zero Paris Agreement Divestment Climate Change 52

Chris Hall

APRIL 5, 2024

However, most funds are moving to adopt a set of tools, processes and reporting structures to consider climate risk across their portfolios and collect better emissions data from portfolio companies. “Most – but not all – of Canada ’s largest pensions have committed to invest in line with a real net zero emissions target,” said Scott.

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Net Zero Paris Agreement Divestment Greenwashing 119

ESG Today

FEBRUARY 16, 2024

Global asset manager AXA Investment Managers (AXA IM) announced today that it has updated its corporate governance & voting policy with more stringent ESG expectations for companies, including a pledge to target high emissions companies lobbying against the goals of the Paris Agreement.

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Paris Agreement Divestment Net Zero 115

ESG Today

OCTOBER 11, 2022

In August, 19 Attorneys General signed a letter accusing BlackRock of acting with “mixed motives” in its pursuit of an anti-fossil fuel and pro-net zero agenda for following a “social purpose” not aligned with a focus on financial returns.

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Net Zero Divestment Paris Agreement Climate Change 98

Chris Hall

APRIL 9, 2024

The Danish pension fund for academics has joined the European asset owners opting for divestment, as fossil fuel companies remain at odds with the Paris Agreement. P+, which has more than 110,000 members, recorded a 78.2%

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Divestment Paris Agreement Net Zero Academics 59

Chris Hall

AUGUST 22, 2022

Other commitments in the plan include implementing a climate transition investment framework, integrating climate risk and opportunity assessments into its investment strategy and joining the UN-convened Net Zero Asset Owner Alliance (NZAOA). . Multi-pronged climate engagement .

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Net Zero Paris Agreement Divestment Climate Change 52

Chris Hall

JUNE 13, 2024

Chris Skidmore, former MP and author of the net zero review, talks about what the next UK government should do to get the country’s net zero commitments back on track. “I cannot vote for the [Offshore Petroleum Licensing] bill next week. In May, a High Court ruling ordered it publish a revised net zero strategy.

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Net Zero Divestment Supply Chain Supply Chains 89

Chris Hall

JANUARY 23, 2024

trillion) in AUM co-filed a climate resolution at Shell, calling for the European oil and gas major to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement. Earlier this month, 27 institutional investors with €4 trillion (US$4.6 Hold or fold? Nest also views climate change as a systemic risk.

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Divestment Paris Agreement Net Zero Climate Change 72

Chris Hall

MAY 22, 2024

This backsliding has increased polarisation between investors, with some choosing to divest and others – in recognition of their responsibility as universal owners – doubling down on engagement with the sector. There is value in engagement, provided it happens over a defined period and there are defined outcomes.

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Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

FEBRUARY 9, 2024

The Net Zero Industry Act (NZIA) , designed to accelerate investment in the clean energy transition, included proven renewable technologies like wind and solar, but also other innovations that have yet to deliver at scale, such as carbon capture and storage (CC S).

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Net Zero Paris Agreement Green Investing Climate Change 78

Chris Hall

MARCH 10, 2022

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. Paris alignment. degrees Celsius.

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Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

OCTOBER 13, 2023

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren.

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Divestment Paris Agreement Climate Change Net Zero 59

Chris Hall

MARCH 31, 2023

Net Zero Company Benchmark 2.0 The new iteration of Climate Action 100+’s (CA100+) Net Zero Company Benchmark has a “stronger focus” on emissions reductions, alignment with 1.5°C The new indicator includes metrics to see whether any emissions reductions have been due to actions such as divestment.

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Net Zero Paris Agreement Divestment 52

Chris Hall

APRIL 25, 2022

Aligning investment portfolios with the goals of the Paris Agreement requires engagement with the real economy, said Claudia Bolli, Head of Responsible Investing, Swiss Re. Speaking at the City Week financial services symposium in London, she echoed the views of the UN-convened Net Zero Asset Owner Alliance (NZAOA) that 1.5°C

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Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

JANUARY 31, 2023

The protocol outlines how the 84 alliance members, with a collective US$11 trillion in assets, can align their sub-portfolio decarbonisation targets with net zero. Bolli was co-lead author of the protocol report, alongside Udo Riese, Global Head of Sustainable Investing at Allianz Investment Management.

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Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

FEBRUARY 14, 2023

Buffeted by critics on both sides, finance sector alliances may need to refresh their tactics to progress toward net zero goals in 2023. This time last year BP was in receipt of numerous plaudits for accelerating its net zero transition plans.

Net Zero 52

Net Zero Paris Agreement Climate Change Banking 52

Chris Hall

FEBRUARY 16, 2022

Pledge to divest over next two years follows mounting pressure from protesters. Pensioenfonds Zorg en Welzijn (PFZW) has announced it will stop investing in companies in the fossil fuel sector that do not commit to the Paris Agreement and ambitions outlined at COP26. Setting a 1.5°C

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Divestment Paris Agreement COP26 Net Zero 52

Chris Hall

MARCH 17, 2023

A selection of this week’s major stories impacting ESG investors, in five easy pieces. Investors and policymakers signalled mixed progress in their support for net zero transition this week, ahead of a critical report from scientists. In Canada and Europe, the emphasis is on transition.

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Net Zero Paris Agreement Divestment Climate Scientist 52

Chris Hall

MAY 27, 2022

The private sector’s ability to accelerate the pace of net zero transition is open to question. With pension schemes continuing to commit to net zero and concerns rising about the risks from stranded assets , tensions between asset managers and owners may rise further.

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Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

APRIL 14, 2023

We have a clear dialogue with a company before they are blacklisted but will continue to engage because we want to be able to invest in them again.” Stranded assets AP7 is a member of the Paris Aligned Asset Owners Initiative, a global group of 56 asset owners with over US$3.3

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Net Zero Paris Agreement Divestment Global Economy 52

Chris Hall

JANUARY 20, 2023

Over the past decade, many asset owners have made divestments out of fossil fuels. In fact, the total value of the institutions divesting is estimated to be US$40.5 trillion, according to data provided by the Global Fossil Fuel Divestment Commitments Database.

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Divestment Paris Agreement UNEP Net Zero 52

Chris Hall

APRIL 5, 2024

However, most funds are moving to adopt a set of tools, processes and reporting structures to consider climate risk across their portfolios and collect better emissions data from portfolio companies. “Most – but not all – of Canada ’s largest pensions have committed to invest in line with a real net zero emissions target,” said Scott.

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Net Zero Paris Agreement Divestment Greenwashing 52

Chris Hall

APRIL 19, 2024

The UK’s Transition Plan Taskforce (TPT) hit a significant milestone last week with the release of its final set of transition plan resources to help businesses mobilise finance for the net zero transition. Some companies may also need to tap into some form of government support.

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Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

JUNE 14, 2024

Few would-be leaders are planning their rise to power on the strength of their nationally determined contributions (NDCs) to the Paris Agreement. A draft revised standard for public consultation is expected by the end of the year. The post Take Five: Balance of Power appeared first on ESG Investor.

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Paris Agreement Sustainable Investment Climate Change Divestment 78

Chris Hall

NOVEMBER 30, 2023

In May , Phoenix Group became the CA100+’s new Shell co-lead, following the Church of England stepping back from engagement after five years and divesting from the oil and gas giant the following month. CA100+ focuses on 171 firms that are key to driving the global net zero transition, with a total market capitalisation of US$10.3

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Net Zero Climate Change Paris Agreement Sustainable Investment 59

Chris Hall

MAY 19, 2022

It assesses the climate-related commitments and performance of 166 focus companies – typically the world’s highest emitters – against its Net Zero Company Benchmark , which was launched in March 2021 and covers emissions reduction, governance and disclosure themes. . Staggered progress .

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Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

JUNE 23, 2023

n December 2015, the world took a vital step in tackling climate change by adopting the Paris Agreement. Currently, 75% of focus list companies have made net zero commitments, and over 90% have some degree of board-level oversight of climate-related risks and opportunities. “The

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Net Zero Paris Agreement Climate Change Divestment 52

Chris Hall

JULY 14, 2023

According to research by MSCI, nearly half (44%) of listed companies have now set decarbonisation targets, representing an eight-percentage-point increase than was reported in the October 2022 MSCI Net-Zero Tracker , but only 17% of those targets would align with the 1.5°C

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Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

MAY 25, 2023

billion mining firm faces a shareholder vote on its climate plan , as well as a shareholder resolution requesting disclosure over how its projected thermal coal production aligns with the Paris Agreement’s target of limiting global warming to 1.5°C. At the meeting, the US$64.8

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Net Zero Paris Agreement Divestment Digitalization 52

Chris Hall

MAY 5, 2023

Net zero-committed asset managers still investing in laggard oil and gas majors, as pressure to stop financing new fossil fuel production builds. Of the 36 asset managers and owners with formal coal divestment policies, half have implemented or improved their policies in the last two years, IEEFA said.

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Net Zero Paris Agreement Banking Climate Change 52

3BL Media

JANUARY 11, 2023

BNEF expects a larger jump in 2023 thanks to even more generous tax credits for carbon capture, utilization and storage (CCUS) included in the US Inflation Reduction Act, and an acceleration in net-zero transitions by European companies. The divestment movement will wane. Julia Attwood, head of sustainable materials.

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Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

JULY 6, 2022

It is through good stewardship that corporate engagement can drive high carbon emitting companies to develop and implement a net zero transition plan, which will ultimately help to decarbonise the global economy,” says Stephanie Pfeifer, CEO at the Institutional Investors Group on Climate Change (IIGCC). .

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Net Zero Stewardship Code Paris Agreement Climate Change 52