3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

Chris Hall

FEBRUARY 11, 2022

Competition barriers to collective sustainability initiatives by investors expected to be lowered. Regulators will soon provide investors with clearer guidance on the acceptable boundaries of collective action to achieve net zero and other sustainability objectives, according to competition lawyers.

Net Zero 97

Net Zero Climate Change Paris Agreement Divestment 97

Corporate Knights

FEBRUARY 16, 2022

Larry Fink, the CEO of the largest investment firm in the world, wrote in his 2022 letter to CEOs: “It’s been two years since I wrote that climate risk is investment risk. Sustainable investments have now reached $4 trillion. Every company and every industry will be transformed by the transition to a net zero world.”.

Net Zero 360

Net Zero Negative Screening Divestment Manufacturing 360

ESG Today

AUGUST 28, 2022

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. KLA Commits to Cut Emissions in Half by 2030, Reach Net Zero by 2050. HH Global Ramps 2040 Net Zero Goal to 90% Emissions Reduction. ESG Investing. Sustainable Finance.

Supply Chain 137

Supply Chain Supply Chains Net Zero Divestment 137

Chris Hall

MARCH 21, 2025

Sustainable investment opportunities and risks are slowly beginning to emerge as Europe outlines its plans to rearm. But some called for a more fundamental reboot of investment in European innovation especially in clean technologies to pursue trajectories that are compatible with its climate transition targets.

Green Bonds 80

Green Bonds Net Zero Paris Agreement Sustainable Investment 80

Chris Hall

JANUARY 3, 2024

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

Net Zero 73

Net Zero Paris Agreement Stranded Assets Climate Change 73

3BL Media

SEPTEMBER 28, 2022

trillion, even more investment is needed. It is estimated that $15 trillion a year must be put toward green technologies to meet net-zero emissions. Lise Pretorius, Head of Sustainability Analysis at Matter, agreed with Free. Learn about the future of #climate investing from @Nasdaq: [link].

Net Zero 130

Net Zero Divestment Decarbonize Paris Agreement 130

Environmental Finance

OCTOBER 7, 2022

The treasurer of Louisiana has pledged to divest from all investments made by the state in BlackRock funds in a further escalation of the sustainable investing political backlash in the US.

Divestment 45

Divestment Net Zero Sustainable Investment 45

Chris Hall

OCTOBER 5, 2022

Role of active stewardship across environmental and social themes emphasised at ESG Risk & Investment Asia 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. .

Divestment 52

Divestment Net Zero Paris Agreement Sustainable Investment 52

Chris Hall

FEBRUARY 16, 2022

Canadian pension fund to eschew “blanket divestment”, emphasising role as “active investor and influencer”. Blanket divestment is not the best way to maximise returns without undue risk of loss. Blanket divestment is not the best way to maximise returns without undue risk of loss. Whole economy transition.

Net Zero 52

Net Zero Divestment Climate Change Chief Sustainability Officer 52

ESG Today

SEPTEMBER 10, 2022

The letter, signed by BlackRock Head of External Affairs Dalia Blass, was sent in response to a letter from the Attorneys General sent in August accusing BlackRock of acting with “mixed motives” in its pursuit of an anti-fossil fuel and pro-net zero agenda, indicating “rampant violations” of its fiduciary duty to the states’ pension investors.

Net Zero 145

Net Zero Global Economy Divestment Sustainable Investment 145

Chris Hall

FEBRUARY 15, 2023

Renaming trend may lead to a short uptick in greenwashing, but ultimately will accelerate the path to net zero and offer sustainable investors more choice. Say for example a [rebranded fund] is divesting from a certain sector, but that sector has a transitional focus, then the fund cannot divest radically.

Net Zero 52

Net Zero Divestment Greenwashing Sustainable Investment 52

ESG Today

FEBRUARY 15, 2024

Launched in 2017, Climate Action 100+ is an investor initiative that has targeted the world’s largest corporate greenhouse gas (GHG) emitters to promote taking necessary action on climate change, and align their business strategies with net zero in order to help limit average global temperature rise to 1.5 degrees Celsius.

Divestment 127

Divestment Net Zero Climate Change Sustainable Investment 127

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.

Net Zero 89

Net Zero Divestment Supply Chains Supply Chain 89

ESG Today

MARCH 24, 2024

Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5 Renewables Developer Avantus Renovare Raising $7.5

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Supply Chains Supply Chain Green Bonds Decarbonize 109

Jon Hale

JANUARY 28, 2022

End of Week Notes It’s not a “craze” and sustainable investors aren’t naive I suppose it’s a sign of success when The Wall Street Journal sees fit to launch a weeklong critique of sustainable investing. Instead, it’s turning toward stakeholder capitalism, which is supported and enabled by sustainable investing.

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Sustainable Investment Climate Change Academics Divestment 52

Chris Hall

JUNE 27, 2024

Asset managers should divest from fossil fuel companies that are proving resistant to influence and concentrate their finite engagement resources on those which can plausibly be influenced,” the paper noted.

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Divestment Net Zero Global Economy Sustainable Investment 73

Chris Hall

MAY 24, 2024

David Byrns, Portfolio Manager at American Century, explains why transition investing is fundamental to achieving net zero. While global sustainable investments reached US$30.3 Best-in-progress approach American Century launched a new strategy called Global Sustainable Value in November 2023. “The

Net Zero 80

Net Zero Sustainable Investment Value Creation Divestment 80

ESG Today

JANUARY 23, 2023

Additionally, the report found that the “sea change in attitudes towards ESG and sustainable investment approaches” has extended to real assets, with 93% of investors considering ESG factors in real asset investment decisions, including 17% who consider the matters as “critical and deciding” factors.

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Divestment Net Zero Greenwashing Sustainable Investment 98

Chris Hall

APRIL 1, 2022

CalSTRS’ commitment to achieving net zero greenhouse gas (GHG) emissions by 2050 or sooner has heightened the asset owner’s scrutiny of investee companies’ decarbonisation targets and performance. If engagement and voting fails to promote positive change amongst investee companies, NBIM has demonstrated its willingness to divest.

Divestment 52

Divestment Net Zero Climate Change Sustainable Investment 52

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. It’s also a sellable GHG product for oil and gas firms.

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

Chris Hall

MAY 17, 2023

The final step of escalation is divestment, with Aviva Investors stating it is “committed to full divestment of targeted companies that fail to meet its climate expectations”. Mirza Baig, Global Head of ESG Research and Stewardship at Aviva Investor, described divestment as the “ultimate sanction”. Wihlborn said.

Divestment 52

Divestment Net Zero Sustainable Investment 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.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

SEPTEMBER 27, 2024

Many also signed up to the Net Zero Investment Managers Initiative and the Net Zero Asset Owner Alliance. Many investment managers and asset owners – which at that time committed to net zero – didn’t fully appreciate how they were going to meet their objectives. A – Stewardship.

Net Zero 59

Net Zero Stewardship Code Value Creation Divestment 59

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

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

OCTOBER 13, 2023

Pension fund makes case for divestment, against backdrop of increasingly positive climate policy across major markets. In response, PME has divested from fossil fuel investments and redirected the funds towards the energy transition by focusing on solar and wind projects.

Divestment 59

Divestment Paris Agreement Climate Change Net Zero 59

Chris Hall

MAY 31, 2024

Head of Sustainability at CDPQ Bertrand Millot highlights the pension fund’s focus on decarbonising the real economy, as well as comprehensively divesting from the oil industry. This achievement was one of several high points in the pension fund’s 2023 sustainable investing (SI) report , published in April.

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Divestment Net Zero Climate Change COP26 82

Chris Hall

APRIL 29, 2022

All were quick to acknowledge the progress made since the last time such sustainable investment get-togethers were done face to face. To divest from carbon-intensive firms without understanding their future plans, she warned, risked a “paper decarbonisation”, rather than real reductions in carbon emissions.

Net Zero 52

Net Zero Divestment Sustainable Investment Banking 52

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

Net Zero 59

Net Zero Climate Change Paris Agreement Sustainable Investment 59

Chris Hall

OCTOBER 10, 2024

“It was very important to us that we linked the remuneration of everybody at Caisse de dépôt et placement de Québec (CDPQ) to achieving our climate targets – we are one of the first investors to do this,” said Bertrand Millot , the Canadian asset owner’s Head of Sustainability. of CDPQ’s total C$452 billion (US$329.7 billion) in AUM.

Net Zero 65

Net Zero Sustainable Investment Divestment Global Economy 65

Chris Hall

JUNE 14, 2024

The stated purpose of the hearings was to decide whether current laws are sufficient to “deter anti-competitive collusion” to promote ESG-related goals in the investment industry. Even so, the hearings could be contributing to rising outflows from sustainable investment vehicles, with investor behaviour in the US diverging from elsewhere.

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Paris Agreement Sustainable Investment Climate Change Divestment 78

Chris Hall

DECEMBER 13, 2022

Climate change is the leading issue being addressed by US asset owners that incorporate ESG factors into their investment decisions, according to the US SIF Foundation’s latest biennial Report on US Sustainable Investing Trends. Managers also reported applying fossil fuel divestment screens across US$1.2

Climate Change 52

Climate Change Net Zero Negative Screening Sustainable Investment 52

Chris Hall

JUNE 14, 2023

1 campaign has changed that, he argues. Exxon has since set a number of targets, including net zero greenhouse gas (GHG) emissions for its operated unconventional assets in the Permian Basin by 2030.

Net Zero 52

Net Zero Divestment Climate Change Sustainable Investment 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. Julia Attwood, head of sustainable materials. Sustainable Investing – Greater Scrutiny.

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Supply Chains Supply Chain Paris Agreement Divestment 130

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.

Net Zero 82

Net Zero Paris Agreement Climate Change Banking 82

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). .

Net Zero 52

Net Zero Stewardship Code Paris Agreement Climate Change 52

Jon Hale

NOVEMBER 19, 2021

Through direct engagement, proxy voting, and strategic divestment, they have the tools to infuence corporate behavior. These large investors can use their enormous pull to pressure companies to make science-based net-zero commitments on greenhouse gas emissions.

Climate Change 52

Climate Change Net Zero COP26 Divestment 52