This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tankers at anchor in the Houston Ship Channel started bumping into each other, but the oil kept flowing. . This helps explain why more than $11 trillion have been divested from fossil ownership, even before the University of California announced that it was divesting its $80 billion portfolio. What happened?
Unlike other approaches to monitoring emissions, it plans to attribute emissions to specific sources, whether these be individual factories, ships, power plants or a range of other facilities and all its data will be placed in the public domain. Sustainable investments should grow as divestment from carbon-intensive industries intensifies.
Michael Marks, Head of Investment Stewardship at LGIM, said: “From tackling climate lobbying to incorporating biodiversity risk, our expectations of companies are increasing – insufficient progress represents a systemic challenge which we will continue to challenge through the tools at our disposal, including divestment and voting sanctions.”
Among the assets acquired in the transaction is Talos’ stake in Bayou Bend CCS, a carbon transportation and storage solution for industrial emitters located in the Houston Ship Channel and Beaumont – Port Arthur region, located close to TotalEnergies’ assets in the region, and with capacity to store several hundred million tons of CO2.
Indeed, nearly half (49%) of investors globally would divest from companies that are not taking sufficient action on environmental, social, and governance (ESG) issues. Market and investor pressure, business impact, and customer pressure are shaping the demand for sustainable business practices. Reduce Waste.
A global coalition fronted by former Vice President Al Gore promises granular insights and data into those sources — down to individual power plants, ships or factories. Where did they originate? How can we be sure?
Maersk Industry: Shipping Headquarters: Denmark. In January of 2022, global shipping giant Maersk announced a plan to reach net-zero greenhouse gas emissions by 2040. Shipping accounts for a significant amount of many organizations' Scope 3 emissions. Swire Properties Industry: Real Estate Headquarters: Hong Kong.
According to Statista, more than 130 billion parcels were shipped in 2020, and the number is rising. A circular economy isn’t just about fixing environmental wrongs; it is about making sustainability profitable and profitability sustainable across industries, sectors, and lives. The packaging sector is a good example.
Described by Secretary-General Kitack Lim as a “monumental development” which “opens a new chapter towards maritime decarbonisation ”, the strategy only targets “striving for 10%” uptake of near-zero GHG emission fuels and energy sources by international shipping by 2030.
Increasingly, discussions in hard-to-abate sectors revolve around determining the points at which policymakers need to intervene and where investors can and should focus their efforts to ensure the best results.
times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). They can also divest from high-emitting industries such as thermal coal production. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 trillion USD in fossil fuels.
We take care of shipping, taxes, and any cross-border implications. And just as importantly, Cisco then sends a report confirming what was received so SMBs can prove how they safely divested the equipment to comply with regulations. We take all of that off customers’ hands.
It has completely divested the fast fashion sector over its poor record on sustainability and the payment of decent wages but maintains engagement through PLWF. “We speak through the platform to several supply chain actors,” says Schmidt.
While at Tufts University, from which he received a bachelor’s in international relations and economics, Dowd was involved with the school’s fossil fuels divestment campaign and interned in the Obama White House. Finding herself the only Black person in the student divestment group, everything clicked. "I
Million Exec Moves Caterpillar Appoints George Moubayed as Chief Sustainability Officer Reports, Surveys & Studies Climate Tech Investment Falls in Tough Market, But Hits Record Share of VC and PE Funding: PwC 80 Million Kilometers of Grid Investment Needed by 2040 to Meet Global Climate Goals: IEA
And the mayors of 12 cities — representing 36 million residents — announced their plans to divest from fossil fuels. Amazon also created its own externally validated certification, Compact by Design , which will recognize products designed to require less packaging, which makes them more efficient to ship. .
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content