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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Chris Hall

AUGUST 4, 2023

Patrick Peura , Co-lead of Engagement at the Net Zero Asset Owner Alliance , says coll aborative engagement needs to adapt to survive and thrive. Net zero targets and portfolio decarbonisation have been the test bed for collaborative engagement among asset owners, with encouraging but mixed results. billion (US$4.1

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Net Zero Climate Change Paris Agreement Divestment 52

Chris Hall

SEPTEMBER 18, 2023

Research will span the introduction of the Paris Agreement in 2016 to the conclusion of the 2023 proxy season, with the aim of comparing the voting patterns of asset owners and managers.

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Paris Agreement Climate Change Divestment Net Zero 59

Chris Hall

JUNE 23, 2022

C, in line with the Paris Agreement goal. . “If The report warns that fossil fuel demand will peak as government policies to cut emissions, asset owners’ net-zero commitments and the rapid growth of clean energy technologies combine to transition the economy towards renewables. C, Carbon Tracker found. .

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Chris Hall

AUGUST 8, 2024

Divest or wind down? By 2035, it has committed to halve its Scope 1, 2, and 3 emissions from a 2019 baseline, with goals to hit net zero by 2050. The company said it would continue the “responsible decline of its thermal coal operations over time”. Spinning off the coal business would have made this target much easier to reach.

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James Militzer

MARCH 2, 2023

C threshold (above pre-industrial levels) stipulated in the Paris Agreement. And even if the leading countries that currently have net zero commitments do manage to achieve their goals, a 1.7°C The world has a daunting task in front of us if we hope to limit global warming to the 1.5°C

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Chris Hall

NOVEMBER 2, 2022

Despite the precariousness of the pathway to net zero, COP26 generated a renewed sense of urgency and optimism as to how to support emerging markets and deal with heavy greenhouse gas emitters. That does not mean divesting to ensure the portfolio looks good in the quarterly report.

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Chris Hall

JUNE 2, 2023

Perhaps more encouragingly, almost a fifth of shareholders voted in favour of resolutions calling on ExxonMobil and Shell to accurately disclose the role of asset transfers in their reported GHG emissions reductions, which would stop them claiming CO2 cuts from divestments.

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Paris Agreement Climate Change Divestment Supply Chains 52

Chris Hall

AUGUST 31, 2022

The other side of the coin is to look at ways the financial sector can support moves towards net zero. In extreme cases, he said, firms refusing to supply trustees with TCFD information would have to be divested from the portfolio in question. Cabove pre-industrial levels. Responsible stewards.

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Corporate Knights

OCTOBER 25, 2024

On a panel discussing Climate Engagement Canada – an initiative to foster dialogue between finance and industry for a just transition to a net-zero economy – TD Asset Management’s managing director, Priti Shokeen, said that her team now expects portfolio companies to make sustainability disclosures.

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Chris Hall

MAY 17, 2023

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)

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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.

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Corporate Knights

JANUARY 26, 2023

We will know that the rest of the US$130-trillion GFANZ (Glasgow Financial Alliance for Net Zero) coalition is serious when they follow suit. If we went a step further than putting a stop to ripping out our forests and mangroves and started to restore them, we could get almost 40% of the way to our Paris Agreement goals by 2030.

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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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