climate action 100

Articles tagged “climate action 100

2 articles found

Beyond Divestment: How the Church of England''s Bank Resolutions Signal a New Era of ''Stewardship Finance''
Esg Assets

Beyond Divestment: How the Church of England''s Bank Resolutions Signal a New Era of ''Stewardship Finance''

The Church of England Pensions Board's coordinated filing of shareholder resolutions at NatWest, HSBC, and Santander UK represents a strategic pivot in climate-focused investing. Moving beyond simple divestment, this action leverages fiduciary duty to demand concrete, 1.5°C-aligned transition plans and transparency on fossil fuel expansion financing. As part of the Climate Action 100+ initiative, this move underscores a growing trend of 'stewardship finance,' where institutional investors use their shareholder power to force systemic change from within high-emission sectors. The 2025 AGM votes will be a critical test of whether major banks' climate commitments can withstand investor scrutiny and translate into actionable, financed decarbonization pathways.

Beyond Net-Zero Pledges: How Standard Life Aberdeen''s Targeted Climate Strategy Is Reshaping High-Emitting Industries
Esg Assets

Beyond Net-Zero Pledges: How Standard Life Aberdeen''s Targeted Climate Strategy Is Reshaping High-Emitting Industries

In 2020, asset manager Standard Life Aberdeen set a bold 2050 net-zero portfolio target, complemented by aggressive 2030 interim goals for high-emitting sectors. This case study reveals that this precise, sector-specific target-setting proved more effective than generic commitments in driving corporate action. By 2023, the strategy yielded significant results: 90% of its oil & gas assets and 70% of utilities assets were covered by companies with science-based targets or transition plans. The article analyzes the underlying economic logic of using investment capital as a lever for systemic change, examines the ''ripple effect'' on supply chains, and questions whether this model represents a new standard for fiduciary duty in the climate era.