Institutional Investor (December 22)
“Africa may not be the first continent that comes to mind for investing in emerging markets — but given its vast potential, maybe it should be.” Moreover, “Africa is increasingly becoming a critical player in the race to net zero, thanks to its population, infrastructure, and resources.”
Tags: Africa, Continent, Critical, Emerging markets, Infrastructure, Investing, Net zero, Population, Potential
Institutional Investor (March 25)
“Activist approaches may gain ground as investors get pragmatic about fossil fuel companies. Asset managers like Engine No. 1 argue that holding companies accountable for net-zero goals is a better route to change than divesting.” Its new ETF will target companies with “plans and products in place to handle the changing climate and the dwindling supply of natural resources. This also means that the portfolio will end up invested in some of the most polluting companies, including General Motors, Ford, Canadian Pacific Railway, and Deere.”
Tags: Accountable, Activist, Asset managers, Canadian Pacific, Changing climate, Deere, Divesting, Dwindling supply, Engine No 1, Ford, Fossil fuel, GM, Investors, Natural resources, Net zero, Portfolio
Houston Chronicle (May 19)
“The International Energy Agency, the body that advises governments on energy and is widely respected among politicians of all stripes, warned Tuesday that nations need to halt oil and gas development this year if they are to meet their target of net-zero greenhouse gas emissions by 2050 and avoid catastrophic climate change.”
Reuters (May 11)
“Many net zero targets have three shortcomings: incomplete disclosure, confusing terminology, and problems with offsets. Companies serious about net zero targets should include not just so-called Scope 1 and 2 emissions, produced when they make their products, but also Scope 3, created when customers use those products.”
Tags: Confusing, Disclosure, Emissions, Incomplete, Net zero, Offsets, Shortcomings, Targets, Terminology
