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When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainableinvesting was called back then.
How can we transform our business model to become net-zero, regenerative, fair and equitable? but from the perspective of "How can we transform our business model to become net-zero, regenerative, fair and equitable?". The worst-affected people are those working in the informal economy, many of them women.
On a panel discussing Climate Engagement Canada – an initiative to foster dialogue between finance and industry for a just transition to a net-zero economy – TD Asset Management’s managing director, Priti Shokeen, said that her team now expects portfolio companies to make sustainability disclosures.
All commercial investment products derived from The Clean200 require a licence. for more information. 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. Information Technology 48. Industrials 57.
Multi-stakeholder dialogue seen as essential in unlocking capital for netzero solutions, as GSIA calls for development of national transition plans. Examples include reducing inefficient fossil fuel subsidies and driving investment to new low-carbon technologies, such as green hydrogen. C temperature pathway.
We will be focused not only on our corporate sustainability efforts, which include reducing the organization’s greenhouse gas emissions and enhancing our reporting infrastructure, but also expanding our stewardship and sustainableinvesting practices across our global investment portfolios.” . Major 2021 CSR Achievements.
JetBlue’s most aggressive near-term emissions reduction target to-date, this science-based target aligns with the goals of the Paris Agreement and the growing airline’s own goal to reach netzero carbon emissions by 2040 – 10 years ahead of broader airline industry targets. Charting a path to netzero. Reducing Fuel Burn.
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 netzero and other sustainability objectives, according to competition lawyers.
And citizens and consumers will have the kind of granular information they need to more effectively target the decision-makers and brands standing in the way of a sustainable future. Sustainableinvestments should grow as divestment from carbon-intensive industries intensifies.
C, and investee companies are not yet facing full scrutiny of their netzero 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 netzero aligned by 2030.
Global financial services provider Allianz, a leading member of the UN-convened NetZero Asset Owner Alliance (NZAOA), has published a climate transition plan spanning both its investment and insurance arms in a bid to shape the market and increase transparency on its netzero pathway.
In a 2023 report, the International Energy Agency (IEA) estimates that to meet net-zero goals, electricity’s share of total energy demand needs to double between now and 2030 to accommodate the electrification of transportation, building heat, industrial processes, agriculture and information technology.
and longtime Ceres Investor Network member, announced a bold investment of $100 billion in climate solutions by 2030 to support its overall goal of achieving a netzero emissions portfolio by 2050. CalPERS set out this investment goal in the context of its comprehensive SustainableInvestments 2030 Strategy.
Information technology had the highest. The revelation came as Colorado state lawmakers consider a bill that would direct the Colorado PERA board to adopt proxy voting procedures that “ensure that the board’s voting decisions align with, and are supportive of, the statewide greenhouse gas emission reduction goals.”
While investors and companies are already setting netzero targets, laying out transition plans, and engaging with governments, more needs to be done to reduce methane emissions and reverse nature loss and water degradation across key sectors. For more information, visit ceres.org and follow @CeresNews.
It climbed from 35th place to seventh this year thanks to a notable increase in investments mainly aimed at rail network safety and integrity, as well as track infrastructure network resiliency and information technology initiatives. These investments totalled $2.5 billion, or 85% of CN’s total investments, in 2021.
11 young professionals on the future of sustainable finance. Their creative thinking and perspective will help build more sustainable solutions for the future.". Advisor support associate at Horizons Sustainable Financial Services. Investments Leadership Development Program at Columbia Threadneedle Investments, U.S.
The appointment forms part of a broader build-out, and aims to enhance CSAM’s commitment to netzero, in line with its position as a signatory of NetZero Asset Managers initiative (NZAMi), the spokesperson said.
The last few years has seen an explosion of investments being labelled green or sustainable. Many large companies announced ambitious netzero targets and the contribution they will make to becoming a netzero economy. Sustainable growth? It is big business.
Natron's cutting-edge sodium-ion batteries presented an ideal opportunity to both potentially expand our sustainabilityinvestment portfolio to our ground operations, and to help make our airport operations more resilient. Learn more about their sustainabilityinvestments here: [link]. United Airlines Holdings, Inc.,
Alongside the new climate-related disclosure requirements, the government also introduced plans for a new sustainableinvestment taxonomy to help categorize green and transition economic activities.
Set net-zero by 2050 goals at three private markets funds that are currently being raised. We regularly leverage our operational experts such as KKR Capstone and our SustainableInvesting subject-matter experts to help our portfolio companies develop, shape, and enhance their climate-focused strategies.
Franklin Templeton is committed to advancing ESG and sustainableinvesting goals while making sure these investments are productive, profitable and make an impact. Further information on Franklin Templeton’s approach to ESG can be found at [link]. For more information, please visit franklinresources.com.
Global sustainableinvestment has passed US$30 trillion, but US excluded from majority of trend analysis figures due to “material change” in methodology. According to the GSIA’s data, the value of sustainableinvestments in Europe, Canada, Japan, Australia and New Zealand has risen from US$18.2 trillion to US$21.9
UK ad regulator the Advertising Standards Authority (ASA) ruled Thursday that ads by HSBC highlighting the bank’s climate-focused actions were misleading, as they omitted information about HSBC’s continued financing activities for emissions-intensive industries and businesses.
And measuring the emissions avoided as a result of these technologies is key to understanding the impact of those investments,” said Julie Gorte, Senior Vice President, SustainableInvesting, Impax Asset Management. For more information, visit ceres.org. Media Contact : Vivian Melody, vmelody@ceres.org, 617-247-0700 ext.
When selecting a new investment manager, trustees can use our research to compare the suitability and effectiveness of potential managers’ approaches to climate change,” Jones says. “We
by Jeff Finkelman, Managing Director, SustainableInvesting, Fiduciary Trust International. DESCRIPTION: Climate change represents a growing source of long-term investment risk and opportunity. For more information, please visit www.franklintempleton.com. SOURCE: Franklin Templeton. FTI_Global [link].
The Canada Pension Plan Investment Board (CPP Investments) will pursue carbon neutrality by 2050 via a strategy of active engagement to drive real-economy decarbonisation, according to Deb Orida, Chief Sustainability Officer and Head of Real Assets. Whole economy transition. It’s something we will continue to look at.
Weak economic activity, high interest rates and myriad geopolitical pressures present significant headwinds for private equity, weighing down valuations and slowing investment at a time when the private capital is vital to accelerating the netzero transition.
For the study, the “2023 Fidelity International ESG Analyst Survey,” Fidelity surveyed 123 of its in-house analyst from across the firm’s Equities, Fixed Income, Private Credit, and SustainableInvesting teams, aggregating bottom-up information from approximately 15,000 company interactions.
End of Week Notes Spelling out terms and clarifying the scope of the field will produce better outcomes This was the year that sustainableinvesting became truly entrenched in the investment world. Assets continued to move into sustainable funds. include sustainable funds in retirement plans. It is not activism.
High-emitting companies have been urged to set ambitious short-term decarbonisation targets which support their long-term netzero goals, following a dip in the number doing so.
Standardization and data automation will play an integral role in ESG reporting, thus driving transparency and informed decision-making. Interest in ESG (environmental, social, governance) investing is continuing to reach new heights. In an effort to reach net-zero emissions, companies are turning to carbon credits.
By transparently disclosing climate risks and demonstrating proactive management strategies, businesses can strengthen their reputations, attract sustainableinvestments, and foster long-term relationships with key stakeholders. Climate scenario analysis is a vital step in enhancing stakeholder confidence and trust.
The reduced availability of comparable and standardised sustainability reporting data may create further unintended consequences for investors, preventing their ability to make informed decisions to scale-up investments for industrial decarbonisation and long-term growth.
This year’s COP26 summit is widely viewed as one of the last chances to fulfil the 2015 Paris climate agreement and ensure meaningful progress is made towards tackling our netzero targets and the climate emergency. Hydrogen cluster projects with industry, local government and communities can deliver the early steps towards netzero.
Progress on NetZero Commitment Martin Currie became a signatory to the NetZero Asset Managers (NZAM) initiative in July 2021, recognizing the urgent need to accelerate the transition towards global netzero greenhouse gas emissions. As of the end of 2023, 18.1% Martin Currie did not pay for the rating.
Pierre Garrault, Senior Policy Adviser at the European SustainableInvestment Forum (Eurosif), points to fund names rules published by the European Securities and Markets Authority (ESMA) – which will come into effect from 21 November.
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including FTSE Russell, BondLink, Moody’s, Intercontinental Exchange and more. . It consists of two indexes, the FTSE JPX NetZero Japan 500 index and the FTSE JPX NetZero Japan 200 index.
In the United States, the world’s second-largest producer of GHG emissions, a significant majority of utilities have committed to net-zero goals , a trend visible across both emerging and established economies around the globe.
This is especially true in commercial buildings, which have been identified as noble examples of embracing sustainability and decarbonization. The challenge asset and facility managers face now is what to do with these mountains of energy-related information. This allows customers to make informed decisions about their energy usage.
The right to engage Sophie Demaré, SustainabilityInvestment Analyst for Fixed Income at Federated Hermes, echoes these sentiments. It is important to do your homework and gather information about whether the company and bond is an attractive investment with attractive risk-adjusted, long-term returns.
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