Remove Greenwashing Remove Net Zero Remove Stranded Assets
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Let Experts Lead Engagement

Chris Hall

To put this in context, BlackRock’s decarbonisation stewardship track launched with US$150 billion in assets under management, less than 2% of its total AUM. To have both stewardship teams meet with the same issuer, at best, does a disservice to more climate-conscious clients and, at worst, greenwashes the product altogether.

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Investors Face Direct Risk from Climate Litigation

Chris Hall

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

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Investors Face Rising Direct Risk from Climate Litigation

Chris Hall

Direct litigation risks include challenging investors’ mismanagement of climate and biodiversity-related risk, breaches of fiduciary duty, greenwashing, or financing environmental and human rights-related harms.

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ICYMI, Governments and Regulators are Making the Running

Chris Hall

The private sector’s ability to accelerate the pace of net zero transition is open to question. Perhaps these outcomes should not be a surprise after BlackRock, the world’s largest asset manager, described many 2022 climate resolutions as “ prescriptive or constraining ”.

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Over Half of CEOs Say Sustainability a Higher Priority Now than 12 Months Ago: EY Survey

ESG Today

Over a 3-year horizon, however, decarbonization was the most-often cited strategic priority, at 43%.

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COP27: Get finance flowing in the right direction so business can cut emissions faster

We Mean Business Coalition

As an example of the scale we are talking about, t he Glasgow Financial Alliance for Net Zero (GFANZ), the world’s largest coalition of financial institutions committed to net zero, represents over $130 trillion of private capital. . This means disclosing opportunities and risks. What are the barriers to action?

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Glencore Abandons Coal Demerger at Investors’ Request

Chris Hall

In the statement it referred to metallurgical coal as “carbon steel materials”, drawing accusations of greenwashing. This leaves it heavily exposed to reputational, regulatory and stranded-asset risk, leading many investors to avoid it. For a carbon-intensive business, Glencore has relatively ambitious climate targets.