Chris Hall

MARCH 21, 2025

This week, Aviva Investors abandoned a pledge to divest from high-emitting firms that had previously been put on a climate watchlist, citing a very different macro backdrop since its engagement escalation programme was established. This becomes a tougher shout when investee firms appear to be betting against their public commitments.

Green Bonds 80

Green Bonds Net Zero Paris Agreement Sustainable Investment 80

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%

Divestment 59

Divestment Paris Agreement Net Zero Academics 59

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.

Paris Agreement 113

Paris Agreement Divestment Net Zero 113

Chris Hall

MARCH 27, 2024

They called for the company to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement and take more ownership of its Scope 3 emissions. “Shell’s updated strategy has moved the company even further away from Paris Alignment,” says Van Baal. The ball is now in the investors’ court. “But

Paris Agreement 133

Paris Agreement Climate Change Divestment Banking 133

3BL Media

SEPTEMBER 28, 2022

Pretorius and Free agreed and claimed investors will expect even more from companies than mere divestment from non-renewable assets. Beyond divestment, “emissions can be reduced by funding greener companies on public and private markets, but also on fixed income markets, sustainable bonds, green bonds, etc.” said Free.

Net Zero 130

Net Zero Divestment Decarbonize Paris Agreement 130

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.

Divestment 89

Divestment Paris Agreement Stranded Assets Net Zero 89

ESG Today

OCTOBER 11, 2022

The firm also uses the site to counter claims that its participation in industry groups such as the Net Zero Asset Managers initiative and GFZANZ are driving its proxy voting activities to force companies to align with the Paris Agreement or push for specific climate actions.

Net Zero 98

Net Zero Divestment Paris Agreement Climate Change 98

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.

Divestment 72

Divestment Paris Agreement Net Zero Climate Change 72

Chris Hall

FEBRUARY 12, 2024

Move follows decision by Dutch pension fund PFZW to divest from nearly all of its fossil fuel holdings. PGGM has announced it would shift its engagement focus from the supply to the demand-side of the energy sector, following a decision from its largest client PFZW to divest from most of its fossil fuel holdings.

Divestment 59

Divestment Paris Agreement 59

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.

Net Zero 52

Net Zero Paris Agreement Divestment Stranded Assets 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.

Divestment 59

Divestment Paris Agreement Climate Change Net Zero 59

Chris Hall

APRIL 5, 2024

“However, compared to the findings of our inaugural report, we are disappointed to see only incremental progress; Canada’s pension sector is still not on a pathway aligned with the Paris Agreement,” said Britt Runeckles, Pensions Campaigner at Shift, a charity which engages with pension funds and their beneficiaries on climate issues.

Net Zero 119

Net Zero Paris Agreement Divestment Greenwashing 119

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 They can also divest from high-emitting industries such as thermal coal production. trillion USD in fossil fuels.

Net Zero 113

Net Zero Divestment Banking Stranded Assets 113

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

Divestment 52

Divestment Paris Agreement COP26 Net Zero 52

Chris Hall

JUNE 2, 2023

The active investment mandate will identify and invest in companies considered laggards in their climate-related progress, but which have the potential to align with the goals of the Paris Agreement.

Divestment 98

Divestment Paris Agreement 98

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.

Divestment 52

Divestment Paris Agreement UNEP Net Zero 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. Alignment is not just about divestment, said Bolli, but about a “collaborative mindset” that uses engagement to steer investee companies on the right path. .

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

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.

Paris Agreement 78

Paris Agreement Sustainable Investment Climate Change Divestment 78

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. C has not lessened; if anything, it has increased,” he says.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

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.

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

JUNE 13, 2024

The net zero race The former MP also emphasised the importance of the Global Stocktake , and the development of new nationally determined contributions (NDCs) under the Paris Agreement, which need to be submitted by 2025 with detailed sectoral commitments. We need long-term support to move to an alternative [energy source].”

Net Zero 89

Net Zero Divestment Supply Chain Supply Chains 89

Chris Hall

MAY 6, 2022

engagement, divestment & exclusions, climate solution financing, and (within) sector reallocation. Paris Aligned Investment Initiative. Examples of areas to prioritise and practices to follow: Science Based Targets. Timebound climate science–based targets built on forward-looking climate scenario analysis, with review commitments.

Net Zero 52

Net Zero Paris Agreement Divestment Climate Change 52

3BL Media

JANUARY 11, 2023

The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement. The divestment movement will wane. However, only the European Union, UK and New Zealand currently have prices within or above this range. Electric Vehicles – Another Record Year.

Supply Chain 130

Supply Chain Supply Chains Paris Agreement Divestment 130

Chris Hall

APRIL 19, 2024

For example, an asset manager may have a limited carbon footprint and can appear to be on track to net zero by divesting its high-carbon assets, however such action is effectively passing the problem onto someone else. Some companies may also need to tap into some form of government support.

Net Zero 81

Net Zero Paris Agreement Climate Change Banking 81

Chris Hall

APRIL 14, 2023

The post The “Ripple Effect” of Universal Ownership appeared first on ESG Investor.

Net Zero 52

Net Zero Paris Agreement Divestment Global Economy 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.

Paris Agreement 59

Paris Agreement Climate Change Divestment Net Zero 59

Chris Hall

SEPTEMBER 7, 2023

The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement. But Carbon Tracker chose to exclude fully state-owned NOCs and companies based in Russia, describing them as “[firms] over which investors have little influence”.

Net Zero 80

Net Zero Carbon Offsets Paris Agreement Divestment 80

Chris Hall

MAY 27, 2022

Alongside the progress of a bill in California calling for fossil fuel divestment by public-sector pensions, and the SEC’s plans for climate-risk disclosures , this new assault on greenwashing moves US policy closer to its European counterparts, where fund disclosure rules are already reshaping the market.

Net Zero 52

Net Zero Stranded Assets Paris Agreement Greenwashing 52

Chris Hall

MARCH 17, 2023

The last act of the IPCC’s Sixth Assessment Cycle, which started in 2015, the summary will outline our progress, or otherwise, in fulfilling the obligations of the Paris Agreement. In Canada and Europe, the emphasis is on transition.

Net Zero 52

Net Zero Paris Agreement Divestment Climate Scientist 52

Chris Hall

NOVEMBER 4, 2022

Other states have passed or introduced legislation designed to divest from industries like fossil fuels. ESG states has passed or introduced laws requiring divestment from companies that “boycott” the fossil fuel industry. 4] Model legislation targets banks that divest from fossil fuel companies , ABC News (Dec.

Divestment 52

Divestment Paris Agreement Sustainable Investment Climate Change 52

Chris Hall

JULY 14, 2023

In June, the Church of England Pensions Board (CoEPB) and Church Commissioners announced that they will divest from oil and gas firms for failing to align with climate goals. However, individual, specific, and isolated divestments do not make a significant difference due to the abundance of liquidity in the market. billion (US$13.2

Net Zero 52

Net Zero Divestment Paris Agreement Stranded Assets 52

Chris Hall

OCTOBER 7, 2022

Immediately and gradually – The IMF’s latest World Economic Outlook calculated that keeping on track to meet the goals of the Paris Agreement by 2030 would cost between 0.15-0.25% Divestment from Russian investments was a complex affair and an incomplete one. 0.25% of GDP growth and an additional 0.1-0.4% of inflation a year. “If

Negative Screening 52

Negative Screening Divestment Supply Chain Supply Chains 52

Chris Hall

MARCH 31, 2023

The new indicator includes metrics to see whether any emissions reductions have been due to actions such as divestment. While at a corporate level firms might be decreasing their emissions, real economy emissions will increase as the assets continue to be run by a different party.

Net Zero 52

Net Zero Paris Agreement Divestment 52

Chris Hall

AUGUST 8, 2024

Divest or wind down? With the expansion of the coal portfolio comes an opportunity for Glencore to provide investors with a credible plan to responsibly wind down its coal assets in line with the Paris Agreement.” The company said it would continue the “responsible decline of its thermal coal operations over time”.

Stranded Assets 52

Stranded Assets Divestment Greenwashing Paris Agreement 52

Chris Hall

JANUARY 31, 2023

In our progress report this year [following the new protocol], we hope to have deeper insights on emissions reductions that can be shared ahead of COP28 and the global stocktake of the Paris Agreement,” said Bolli. In 2022, NZAOA introduced a member-led process to review members’ published and report targets on an anonymised basis.

Net Zero 52

Net Zero Divestment Paris Agreement Sustainable Investment 52

Chris Hall

JUNE 21, 2022

Data gaps shouldn’t prevent large pension schemes from beginning to measure and disclose the extent of portfolio alignment with the Paris Agreement, said the UK government following its consultation on climate and investment reporting.

Paris Agreement 52

Paris Agreement Stewardship Code Climate Change 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. Progress and limitations For some focus list companies, the failure to heed engagement efforts by investors to make good on their net zero commitments leaves them open to the threat of divestment.

Net Zero 52

Net Zero Paris Agreement Climate Change Divestment 52