article thumbnail

Large asset managers lagging on net-zero targets

Corporate Knights

As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios. . trillion in assets, came last at 4% net-zero assets under management.

Net Zero 315
article thumbnail

Shareholders Call on Shell to Explain Consistency of Plans to Grow LNG Production with its Net Zero Goals

ESG Today

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its Powering Progress strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

Net Zero 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cracks showing in Mark Carney’s net-zero financial alliance

Corporate Knights

Mark Carney’s US$130-trillion Glasgow Financial Alliance for Net Zero (GFANZ) has lost two pension funds and a consulting company in recent weeks, and some large U.S. and Canadian banks and large investment managers. . He writes on sustainable business and finance. Former U.S.

Net Zero 360
article thumbnail

EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

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 sustainable investing was called back then.

article thumbnail

2025 Global 100 list: World's most sustainable companies are still betting on a greener world

Corporate Knights

Corporate Knights Global 100 ranking of the worlds most sustainable firms, now in its 21st year, shows that the top firms continue to increase their investment in the green transition. Were finding that growth in sustainable revenues is outpacing all other revenues, says Toby Heaps, co-founder and CEO of Corporate Knights.

Banking 361
article thumbnail

Prologis Commits to Net Zero Emissions by 2040

3BL Media

DESCRIPTION: Sets interim targets of 1 GW solar by 2025 and net zero for operations by 2030. SAN FRANCISCO, June 22, 2022 /3BL Media/ - Prologis (NYSE: PLD), the global leader in logistics real estate, today announced its commitment to achieve net zero emissions across its value chain by 2040.

Net Zero 189
article thumbnail

Canada is falling behind in global race to attract sustainable investments: Guilbeault

Corporate Knights

Canada is lagging in its efforts to drive private capital into sustainable investments to finance solutions on climate change and other environmental challenges. Freeland was attending the Sustainable Finance Forum, which was organized by Liberal MP Ryan Turnbull and featured a half dozen of her cabinet colleagues.