Unsere Freund*innen von @BreakfreeCH haben sich in mehreren Städten @pictet als RWEs viertgrößten Anteilseigner vorgenommen und ihnen ihre Kohle zurückgebracht...
https://twitter.com/BreakfreeCH/status/1616087604780470272

[3/7]
---
RT @BreakfreeCH
Geneva-based @PictetAM claims to be a sustainable finance investor #GFANZ
In the same time, the 4th largest shareholder of RWE allows the 🇩🇪 coal firm to dig more & expel Lützerath climate de…
https://twitter.com/BreakfreeCH/status/1616087604780470272

RT @BreakfreeCH
Geneva-based @PictetAM claims to be a sustainable finance investor #GFANZ
In the same time, the 4th largest shareholder of RWE allows the 🇩🇪 coal firm to dig more & expel Lützerath climate defenders @LuetziBleibt
Today in 3 🇨🇭cantons we gave them back their ecocide coal [THREAD]

RT @BreakfreeCH@twitter.com

Geneva-based @PictetAM@twitter.com claims to be a sustainable finance investor #GFANZ
In the same time, the 4th largest shareholder of RWE allows the 🇩🇪 coal firm to dig more & expel Lützerath climate defenders @LuetziBleibt@twitter.com
Today in 3 🇨🇭cantons we gave them back their ecocide coal [THREAD]

🐦🔗: https://twitter.com/BreakfreeCH/status/1616087604780470272

Despite green pledges, banks are acting like climate criminals - continuing to finance £ billions of stranded-asset, climate-wrecking fossil fuels. If #GFANZ Alliance is serious, members should be required to lock out fossil fuel finance for good ⁦⁦ https://www.theguardian.com/environment/2023/jan/17/banks-still-investing-heavily-in-fossil-fuels-despite-net-zero-pledges-study

🐦🔗: https://n.respublicae.eu/CarolineLucas/status/1615425693617102848

RT @mclaren_erc@twitter.com

Climate arsonists: banks still investing heavily in fossil fuels despite net zero pledges – study #gfanz #greenwash #climatearson https://www.theguardian.com/environment/2023/jan/17/banks-still-investing-heavily-in-fossil-fuels-despite-net-zero-pledges-study?CMP=Share_iOSApp_Other

🐦🔗: https://twitter.com/mclaren_erc/status/1615248459325472771

"[#GFANZ members, question] if climate commitments would run afoul of firms’ fiduciary duties (by steering investors away from profitable-but-polluting investments), and if they would be able to abide by the United Nations’ #climate targets."

It's time for an update on the definition of #FiduciaryDuty to include the safeguarding of the future: after all, a lot of these moneys are held by #pension funds to ensure a comfortable future when people retire.

https://grist.org/economics/vanguard-asset-managers-net-zero-esg/

"[#GFANZ members, question] if climate commitments would run afoul of firms’ fiduciary duties (by steering investors away from profitable-but-polluting investments), and if they would be able to abide by the United Nations’ #climate targets."

It's time for an update on the definition of #FiduciaryDuty to include the safeguarding of the future: after all, a lot of these moneys are held by #pension funds to ensure a comfortable future when people retire.

https://grist.org/economics/vanguard-asset-managers-net-zero-esg/

5️⃣ Reflections on #COP27 outcomes
3️⃣ Mitigation: stalled since #COP26 (not bad in a polycrisis); good progress on #JETP Indonesia & South Africa; fortunately clean energy market forces & #GFANZ financing momentum is strong

Mark Carney's eco-finance alliance may be falling apart due to fears of American banks being sued for not being green enough.

https://financialpost.com/fp-finance/banking/banks-threaten-leave-mark-carneys-green-alliance-over-legal-risks

#ESG #GFANZ

#WBS　#GFANZ