SBTi excludes oil and gas companies
Carbon-intensive energy firms will not have net-zero commitments recognized by the organization
Fossil Fuels
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Global warming is not new news
Dr Quintin Rayer provides a brief history of global warming and questions why warnings have not been acted upon
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European banks funnel $400bn into oil and gas expansion
ShareAction report says this financing is also detrimental to banks’ investors
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Harvard ramps up climate investing
The country’s largest academic endowment is planning to increase its allocations to investments that address climate change
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Tough decisions: Finding the middle ground with the EU taxonomy
Refinitiv’s Detlef Glow says the market will end up making the decision for regulators
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‘No dishonesty’ in green label for gas and nuclear
Those preparing to legally challenge taxonomy say it now breaks its own rules
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BlackRock navigates a divided America
The $10 trillion asset manager is running into resistance in red states like Texas, West Virginia and Florida.
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Bank fees for green debt surpass fossil-fuel financing
Banks pocketed an estimated $3.4 billion from green-labeled debt deals last year, versus $3.3 billion from their work with oil, gas and coal companies.
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Exxon could be next Kodak, Blockbuster, says pension fund CIO
CalSTRs chief investment officer warns of the dangers involved in ignoring the transition away from fossil fuels.
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SEC should look at oil CEOs with pay tied to ESG metrics: Warren
The senator said companies seem to be using ‘easily manipulated metrics’ to get executives higher payouts
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Jupiter fund skips fossil fuel sector citing credibility issues
New exploration undermines companies’ role in sustainability transition
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Jupiter fund skips fossil fuel sector citing credibility issues
New exploration undermines companies’ role in sustainability transition, says fund manager