2 Matching Annotations
- Oct 2024
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www.theguardian.com www.theguardian.com
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Nicht nur #BP investiert in mehr fossile Infrastruktur und verzichtet auf Dekarbonisierungsziele. Große Firmen und Investmentgesellschaften geben die Orientierung an „Environmental, social and governace“- (ESG-)Standards zunehmend auf. Für #BlackRock, #Vanguard, #JPMorgan und #StateStreet spielen sie keine oder nur noch eine geringe Rolle, die EU hat sie verwässert. Der Guardian berichtet darüber in einem gut recherchierten Überblicksartikel. https://www.theguardian.com/business/2024/oct/13/very-concerning-bp-dilutes-net-zero-targets-as-global-retreat-from-green-standards-gathers-pace
Tags
- Climate Action 100+
- plastic
- lowering of climate ambition
- JP Morgan
- Lewis Johnston
- Vanguard
- Unilever
- by: Julia Kollewe
- by: Kalyeena Makortoff
- Shell
- fossil expansion
- Quilter Cheviot
- by: Jillian Ambrose
- Greenpeace
- ESG standards
- State Street
- BP
- ShareAction
- European Sustainability Reporting Standards
- Gemma Woodward
- BlackRock
Annotators
URL
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- Nov 2021
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just because ESG is about virtue signalling and risk management, does not mean it is meaningless. On the contrary, the very fact that company executives feel the need to “signal” ESG virtues shows how the interplay of digital transparency and shifting social norms is creating a feedback loop that cannot be ignored. If that encourages companies to change strategy, say by cutting carbon emissions, it is good. If it puts pressure on governments to make crucial reforms, like introducing a carbon price, it is even better, particularly if companies are shamed into demanding such policy actions.
Also, aren't ESG standards and goals are supposed to ratchet up as time goes on?
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