Alongside stranded asset dangers for investors, the early closure of emerging markets’ coal fleets leaves countries open to legal, financial risks. Foreign investors in coal-fired power plants (CFPPs) across Asia have been advised to open the door to renegotiation to ensure the climate commitments of host governments can be realised. Alongside the expected risk of stranded assets for investors, the…
Coal Phase-out Negotiations Needed for Net Zero
Alongside stranded asset dangers for investors, the early closure of emerging markets’ coal fleets leaves countries open to legal, financial risks. Foreign investors in coal-fired power plants (CFPPs) across Asia have been advised to open the door to renegotiation to ensure the climate commitments of host governments can be realised. Alongside the expected risk of stranded assets for investors, the…
Coal Phase-out Negotiations Needed for Net Zero
Alongside stranded asset dangers for investors, the early closure of emerging markets’ coal fleets leaves countries open to legal, financial risks. Foreign investors in coal-fired power plants (CFPPs) across Asia have been advised to open the door to renegotiation to ensure the climate commitments of host governments can be realised. Alongside the expected risk of stranded assets for investors, the…
ESG Today: Week in Review
This week in ESG news: Trump exits the Paris Agreement; 24 states commit to Paris Agreement goals, Bloomberg pledges to cover U.S. obligations after Trump exit; France, Germany push to delay, ease EU sustainability reporting and due diligence legislation; EU companies warn against watering down green laws; Microsoft signs carbon removal megadeal; more than 10,000 companies commit to science based…
ESG Today: Week in Review
This week in ESG news: Trump exits the Paris Agreement; 24 states commit to Paris Agreement goals, Bloomberg pledges to cover U.S. obligations after Trump exit; France, Germany push to delay, ease EU sustainability reporting and due diligence legislation; EU companies warn against watering down green laws; Microsoft signs carbon removal megadeal; more than 10,000 companies commit to science based…
Governance Concerns Outstripped by AI Ambition
Investors face mounting technology risks, as policymakers urged to agree global governance framework ahead of AI summit in February. Policymaker and investor efforts are failing to address the risks emerging from AI and ensure suitable governance of the technology, as safety concerns slip behind economic opportunities for many investing in the industry. As AI becomes more widely adopted, risks facing…
Governance Concerns Outstripped by AI Ambition
Investors face mounting technology risks, as policymakers urged to agree global governance framework ahead of AI summit in February. Policymaker and investor efforts are failing to address the risks emerging from AI and ensure suitable governance of the technology, as safety concerns slip behind economic opportunities for many investing in the industry. As AI becomes more widely adopted, risks facing…
Bloomberg Pledges to Cover U.S. Paris Agreement Obligations After Trump Exits Deal
Bloomberg LP founder, UN Special Envoy for Climate Ambition and Solutions, and former New York City mayor Michael Bloomberg announced that Bloomberg Philanthropies, alongside other climate funder, will cover some of the U.S.’ key Paris Agreement obligations, including its funding for the UN Framework Convention on Climate Change (UNFCCC), and the U.S.’ reporting commitments, following President Trump’s exit from the…
Take Five: Withdrawal Symptoms
A selection of the major stories impacting ESG investors, in five easy pieces. The full implications of Trump 2.0 for sustainable investment may take time to emerge, but the direction of travel is clear. Out of this world – Many were disorientated by the scale and pace of policy change in the US this week, as President Donald Trump turned…
Can’t Take the Heat? Take out the Carbon
Chloe Tang, Investment Analyst at WHEB Asset Management, explains how aligning economic policies with technological advancements can overcome barriers to industrial electrification. If you’ve ever baked a pizza, ironed a shirt, or dried your socks on a radiator, you’re more familiar with industrial heat than you think. Scale that up a few hundred times, and you’re in the world of…