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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Building on previous commitments that increase green investments or restrict financing to certain high-emitting activities, recent pledges add to growing evidence that banks are taking a more holistic approach to the climate emergency. What we have given the market is an ambition that our total financing by 2050 will be net zero.

Net Zero 365
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Zero: Oil industry’s plan for climate action? More fossil fuels

Corporate Knights

Not only have global oil producers generally failed to invest substantially in renewable-energy technologies; now they’re reneging on their green commitments. By our count in 2022 – seven years after the Paris Agreement – the vast majority of oil companies still earn less than 1% of their revenue from renewable sources.

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How the US Is Running Away with Green Investment

Chris Hall

In the race to net zero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. The UK, meanwhile, is trailing behind in terms of green investment. A good example of this is sustainable aviation fuels (SAFs) investment.

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IIGCC Offers Ratios to Track Portfolios’ Climate Impact

Chris Hall

New report provides guidance to asset owners on closing net zero investment gap. . Asset owners should track their contributions to climate change mitigation by calculating the green investment ratio of portfolios and assets, according to a recent report by the Institutional Investors Group on Climate Change (IIGCC). .

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Take Five: No Magic Green Wand

Chris Hall

On the same day, the EU Council and Parliament conjured up a smokescreen by agreeing to prioritise investment in a “ terribly long list ” of green technologies. The act gives the green light to net zero valleys , clusters of clean energy production sites, to be granted rapid approval.

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Asset Managers “Not Supporting” Climate Policy

Chris Hall

times more equity value in fossil fuel production companies (US$880 billion) than in green investments (US$309 billion). times more equity value in fossil fuel production companies (US$880 billion) than in green investments (US$309 billion). Analysing US$16.4 Analysing US$16.4 Schroders and BNP Paribas AM have a 2.7

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Engagement Alone Unable to Resolve Energy Impasse – PME

Chris Hall

Eight years since the Paris Agreement was adopted, the energy transition remains “stuck”, according to Spaargaren.