GXが産業界にもたらす影響と金融の対応を探る新研究 #GX #東京海上ディーアール #GFANZ
東京海上ディーアールが開始した新たなプロジェクト、GXの影響を探る研究成果が発表されました。反ESG潮流が金融機関に与える影響を考察します。
#GFANZ is hosting @nicrawlencenz.bsky.social to talk about the de-extinction debate.
(Sorry, more #aDNA than eDNA)
💸 Fondos como #GFANZ y Climate Action 100+ nacieron con promesas de cero emisiones, pero hoy se vacían tras la salida de bancos como #JPMorgan o #HSBC.
⚠️ Los proyectos fósiles —“bombas de carbono”— siguen recibiendo más financiamiento que la adaptación climática.
latinoamerica21.com/es/financiam...
Este giro revela cómo las promesas de sostenibilidad quedaron subordinadas a intereses económicos. Iniciativas como #GFANZ, #NZBA y Climate Action 100+ pierden fuerza con la salida de actores centrales, mientras la banca global sigue financiando “bombas de carbono”.
You're invited to help shape the future of #sustainability. Vote for our #SXSW panel "Redesigning Corporate Sustainability: The Path Forward." #ATX #TX #NYC #sustainability #climate #netzero #ISSB #GFANZ #CSRD #innovation @edelman @variantinvestments tinyurl.com/p4e5ssnn
While the world is on fire, quitting even mediocre climate initiatives is an out of touch move that shareholders, workers, and regulators should pay close attention to.
#climatesky #GFANZ
www.theenergymix.com/rbc-bmo-expe...
Mark Campanale: “Where we do see institutions peeling away from #GFANZ, this reflects a knee-jerk reaction to political pressure, rather than a long-term assessment of the genuine risks climate impacts will have on banks, pensions or insurer balance sheets
Het Trump-effect: groen geld verdampt
#perspectief #vs #eu #donaldtrump #verduurzaming #economie #markteconomie #ondernemerskapitalisme #gfanz
www.foodlog.nl/artikel/het-trump-effect...
Upsetting to read ...
"Global temperatures are rising fast, yet banks continue to reap short-term profits by sticking with fossil fuel producers."
www.straitstimes.com/business/wal...
#financing #fossilfuels #NZBA #GFANZ
Concerns grow over banks' climate commitments as GFANZ loosens its mandate.
#GFANZ #ClimateFinance
www.csofutures.com/news/concern...
The early retirement and managed phase-out of existing coal power assets will be an essential element of the global energy transition.
Read more on our high-level roundtable with @BloombergDotOrg and #GFANZ on managed phase-out ahead of...
The winner of the Outstanding Service category is Mary Schapiro, Vice Chair of of the Glasgow Financial Alliance for Net Zero #GFANZ and former Chair of @SECGov. Congratulations Mary!
As of Jan 2023, @RBC invested, on behalf of its clients, $20 billion in extreme fossil fuels incl. #coal power, fracked gas and tar sands.
Since it made it's #NetZero commitment and joined #GFANZ, it pumped $13 billion to fossil fuel...
Nominating partners will play a key role in ensuring that nominations are of a high calibre and reflect prize's international scope. Thank you @CDP @CeresNews @CFAinstitute #GFANZ @susfinalliance @GFI_green @ICMA @ImpactInvInst @NGFS_ @sciencetargets @UKSIF @UNEP_FI @PRI_News
"#GFANZ members might ultimately prove they cut emissions but, until then, the alliance’s value remains largely symbolic, not substantive."
The climate needs action not words. Banks like @Citi and @RBC must stop financing fossil fuel expansion.
https://on.ft.com/3KBWgmp @FT
Is there mutiny on the [possibly sinking] ship that is the Glasgow Financial Alliance for Net Zero?
Because banks like @RBC and @Citi keep pumping billions into fossil fuel expansionists?
@triodosuk @DanskeBank_UK #NetZero #GFANZ @MarkJCarney...
Report: Environmental groups stepping up pressure on banks like @RBC & asset managers, bringing attention to new oil, gas & coal financing on a global scale by firms that claim to pursue net-zero policies, via @financialpost @BatPost
#ESG #GFANZ...
First coverage from @guardian here:
#GFANZ #NetZero
www.theguardian.com/environment/2023/jan/17/...
Breaking: Big banks who have made net-zero commitments and joined NZ alliances have provided more than $269 billion to fossil fuel expansionists
More focused on greenwashing then being part of the solution to the climate crisis.
#GFANZ #NetZero...
Here's some of the hard numbers about @blackrock's fossil fuel investing.
"$190 billion of stocks and bonds in companies that are still developing oil, gas and coal operations."
#GFANZ #ESG...
These guys are like two peas in a rotten pod.
Both claim #NetZero plans but continue to bankroll fossil fuel companies building news gas plants, tar sands pipelines and LNG terminals - even throwing hundreds of millions at coal.
#GFANZ @MarkJCarney...
"While people across Canada bear the brunt of fires, floods and deadly heat, Canada’s #1 fossil fuel-financing bank continues to pour gas on the flames, bankrolling gas, tar sands, oil and coal."
#ESG #Greenwashing #GFANZ...
Breaking: New data reveals @RBC has pumped more than $9 billion into fossil fuel expansionist companies since joining #GFANZ - the Net-Zero alliance for banks - in Oct 2021.
Clearly that's not working @MarkJCarney .
#ESG
www.stand.earth/latest/rbc-surges-fossil...
This puts pressure on #GFANZ and @MarkJCarney to shore up the membership criteria for the net zero banking alliance and ensure the banks have REAL action plans and not just misleading rhetoric.
Either you phase down fossil fuel financing or quit / get kicked out.
Lots of chatter about the Glasgow Financial Alliance for Net Zero (#GFANZ) and the @UN’s #RacetoZero (R2Z). A short thread:
"Canadian banks like #RBC signed up to #GFANZ as a defensive tactic to buy some green cover that comes with being associated with @MarkJCarney, anything called net-zero & a peer group. Classic duck & seek cover amongst ‘friends’ response.”
#ESG #cdnpoli...
Surprised, not surprised. Canadian banks all fear strengthened criteria of their net zero banking alliance that would make it harder for them to keep being amongst the biggest fossil fuel financiers on the planet.
#GFANZ @MarkJCarney...
Sounds like @jpmorgan @MorganStanley @BankofAmerica and other US banks don't want to take the climate action they need to so are threatening to renege on their commitments under #GFANZ. A promise made is a promise broken? Water down the rules?
#ESG...
Those members include #GFANZ and some of the world's, current, largest fossil fuel financiers: @jpmorgan @RBC @Citi @Barclays @HSBC and @BlackRock.
Will they meet this criteria or be kicked out of the club as a result?
Accountability will be...