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
Canada is lagging in its efforts to drive private capital into sustainableinvestments 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.
The results: the best investments of the past three to five years turn out to be the companies that jumped feet-first into the green economy. “As The numbers tell the story. Between January 1, 2019, and March 22, 2023, the value of the top quintile of the SEI grew 146%, compared to 47% for the MSCI ACWI.
Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on SustainableInvesting , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks. There’s no taking the carbon out of the barrel.
Robeco said that its new engagement theme targeting the transition metals supply chain comes as the focus of climate change initiatives increasingly moves towards the achievement of netzero emissions, setting transition as a principle topic.
The results: the best investments of the past three to five years turn out to be the companies that jumped feet-first into the green economy. “As The numbers tell the story. Between January 1, 2019, and March 22, 2023, the value of the top quintile of the SEI grew 146%, compared to 47% for the MSCI ACWI.
A significant majority of the world’s major cities have committed for all new buildings to be netzero by 2030 and all buildings to be netzero by 2050. But with approximately 80% of existing building stock set to still be standing in 2050, meeting this netzero goal is a huge challenge for the real estate sector.
Our new report, produced in collaboration with the Ottawa-based Smart Prosperity Institute and funded by the Trottier Family Foundation, finds that pension managers’ support for the green transition is growing but still nowhere near the pace required to meet global net-zero-carbon targets. trillion, versus just 7% of $2.1
assets was either in sustainableinvestments or tied to ESG practices, 3 with assets set to surge from $35 trillion to $50 trillion in the next three years. Net-zerocarbon goals are now expected, and the emphasis is on what companies are doing to get there.”. Continuing growth for sustainability bonds.
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 netzerocarbon emissions by 2040 – 10 years ahead of broader airline industry targets. Charting a path to netzero.
11 young professionals on the future of sustainable finance. Their creative thinking and perspective will help build more sustainable solutions for the future.". Investments Leadership Development Program at Columbia Threadneedle Investments, U.S. Investors can commit to net-zerocarbon emissions by 2050.
He shared the stage with Teine Energy and Wolf Midstream, two Alberta-based fossil fuel companies owned by CPPIB – neither of which have committed to net-zero emissions. CPPIB’s reluctance to acknowledge the need to phase out fossil fuels might also be influenced by the oil and gas interests prominently represented on its board.
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. Sustainableinvestments have now reached $4 trillion. Every company and every industry will be transformed by the transition to a netzero world.”.
After the UN Secretary-General called for developed economies to fast-track netzero commitments by ten years, Therese Niklasson, Global Head of SustainableInvestment at Newton Investment Management emphasises the need for a collective effort.
The new fund aims invest in four key areas of technology supporting the achievement of netzero by 2050, including energy transition, decarbonizing industries, sustainable food & agriculture and sustainable transportation.
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including LGIM, Amundi, LOIM, Algebris, R&M, and Banor Capital. . Legal and General Investment Management (LGIM) , which has £1.42 trillion in AUM, has launched the L&G NetZero Global Corporate Bond Fund.
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.
Ingka Investments’ Head of Renewable Energy, Frederik de Jong, said, “Our 15% stake in Golden Plains Wind Farm Stage 2 highlights our dedication to securing renewable energy for IKEA Retail countries and advancing sustainability goals. Image source: Ingka Investments.
This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. For example, the NetZero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”.
Fashion and design brands company H&M Group announced the launch of a new partnership with zero-carbon industrial heat solutions provider Rondo Energy, aimed at applying Rondo’s industrial decarbonization solution to help address the emissions footprint of H&M’s supply chain.
Sustainability Matters More capital is needed to address climate change and other sustainability issues. Sustainableinvesting can be a win-win for emerging-markets investors. It can be impactful, playing an important role in allocating capital to address climate change and other sustainability issues.
DESCRIPTION: By Sara Rosner | Director, Environmental Research and Engagement—Responsible Investment and Satyajit Bose | Associate Director—Program in Sustainability Management at Columbia University. Carbon offsets occupy a relatively small space on the spectrum of environmental, social and governance (ESG) issues.
In addition, we use tracking programs to monitor and manage our environmental performance and calculate our annual carbon footprint. Realizing that climate impacts threaten more than supply chains and physical infrastructure, we made the commitment to be net-zerocarbon by 2050, using our 2019 baseline.
ESG Investor’s weekly round-up of new hires in the sustainableinvesting sector, including Science Based Targets initiative , Chronos Sustainability, WTW, Aviva and Actis. Dalmar Sheikh has joined sustainable infrastructure investment company Actis as Global Head of Data Centre Operations.
The two nations also agreed to establish a NetZero Government Working Group to bolster the decarbonisation of public services, climate‑related disclosures, and sustainable procurement.
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including RLAM, LOIM, Synthesis, Putnam, Victory Hill, and DWS. . Royal London Asset Management (RLAM) has this week announced the launch of its Sustainable Growth Fund.
Consistent data on sovereign climate risks is crucial, says Victoria Barron, ASCOR Chair and Head of SustainableInvestment, BT Pension Scheme. Governments know they must attract ESG investors to sovereign debt if they are to meet their netzerocarbon emission targets by 2050. billion at the end of 2020.
But oil and gas companies are not dedicating enough of their revenue capex to investments in sustainable technologies and renewable energy, the report noted. . Scope ESG said that “sustainableinvestment as a share of revenues remains below 2.5% a year on a constant revenue basis”. . At risk of being left behind .
Announced plans to build the world's first net-zerocarbon emissions, integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta. Accelerating sustainabilityinvestments to enable design for recyclability and more circular plastics.
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including DWS, T. The ESG Women for Women fund is managed exclusively by women, investing in companies that have strong social values and fair working conditions for women. “The
Below is a summary of the discussions and key recommendations for achieving netzero emissions by mid-century. Friedmann concluded that low carbon appears to be the most versatile and cost competitive options for many industry sectors and that special policy options may be needed to decarbonize industrial heat.
Sindhu Krishna, Head of SustainableInvestments at Phoenix Group, explains how the asset owner is holding managers to account. If the UK stands any chance of minimising further dangerous heatwaves, it must take the necessary steps to realise its target of netzerocarbon emissions by 2050; an ambition that needs £2.7
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including Mediolanum, KBI Global Investors, Pictet Asset Management, Invesco, Nuveen, SWEN Capital Partners and SIS Ventures.
Combined, these trends promise to form what Goldman Sachs described as a “virtuous cycle” that has developed in Europe, in which increased ESG fund labelling requirements trigger greater inflows, which prompts wider taxonomy adoption, which attracts more investment, and so on. . “A
trillion a year of subsidies that are currently harming the environment could make an “important contribution towards unlocking the over US$700 billion a year needed to reverse nature loss by 2030”, as well as the cost of reaching netzerocarbon emissions by 2050. A joint paper said reforming the US$1.8
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