‼️New report‼️
Pt 3 of our Point of No Returns reports examines 77 large asset managers' approaches to #social issues🫂
We found key shortcomings on #HumanRights, #LabourRights and #PublicHealth
Read the report for more on the S in #ESG⏬
shareaction.org/reports/point-
Follow
Click to Follow NVJRobins1
Nick Robins
@NVJRobins1
Professor in Practice for #sustainablefinance working on #justtransition #centralbanks Historian of the East India Co. Tweets in a personal capacity
LondonJoined December 2010
Nick Robins’s Tweets
Thanks to our partners we're delighted to be launching our upgraded Climate Change Laws of the World database. As well as opening access to 1000s of laws, policies & strategies globally, our tools help you quickly & easily explore them⬇️
lse.ac.uk/granthaminstit
19
38
⚡ HUGE NEWS! ⚡
MPs are uniting under the #CEBill banner!
It’s the bold, new, environmental legislation we need—to lock the science into law—and secure a liveable future.
📺 Watch reintroduce the Bill at 12:30—today—just after #PMQs on parliamentlive.tv
54
188
463
Who's 's biggest shareholder? The Norwegian government 🤦
Rich countries need to be taking their fair share of responsibility for the climate crisis and support the transition to renewables.
Instead they’re expanding fossil fuels across the world.
25
93
243
Baroness Kramer shares the story of her mother - a Jewish refugee who fell in love with a British officer. Her request for a visa was refused. She was smuggled to the UK two years later.
"She was a genuine refugee. This gov't would send her to Rwanda as an 'undesirable'." ~AA
14
571
1,374
**KLAXON** first review for my book! It's a thoughtful, generous, but also critical review by Andrew Mulholland at 'The Past' which I'm immensely pleased with and grateful for: "A provocative book which will ruffle feathers"
the-past.com/review/books/t via @
17
28
147
Show this thread
Good news is coming
Quote Tweet
We expect 2023 to reveal the full extent of Europe's shift away from fossil fuels, with a predicted record fall of 20% in EU fossil generation in the coming year.
ember-climate.org/insights/resea
1
8
We expect 2023 to reveal the full extent of Europe's shift away from fossil fuels, with a predicted record fall of 20% in EU fossil generation in the coming year.
ember-climate.org/insights/resea
8
68
120
Rightfully many are critical of politicians’ endemic failure & empty rhetoric on climate change. All more reason to support MP & cross-party colleagues’ Climate Emergency Bill If you think we should meet our Paris commitments, ask your MP to support it.
Quote Tweet
Tomorrow, I’m bringing the #CEBill back to Parliament.
To truly address the global climate-nature crisis, we must align UK law with what’s needed to reverse nature loss by 2030—and keep 1.5°C alive.
The CE Bill will do exactly that! 
@cebill_now
@cebill_nowShow this thread
8
22
55
In which I ask-vis a vis #reparations: "..even when all the gold is on the table, there is one thing that reparations cannot heal: Trauma-..sometimes fashioned into art and culture; but too many times turned into harm and self-harm. "
via
10
31
Great that #CEBill is back in Commons today - a bold, joined-up plan to cut emissions in line with 1.5C, reverse nature loss & create climate & nature assembly.
Businesses, NGOs, scientists, citizens & cross-party MPs are all getting behind it - Govt must join them!
25
106
338
Reality dawns - & an embarrassing Govt u-turn as truth finally catches up with the hardline Brexiteers. These EU laws protect our environment, health, safety & working conditions - they must be maintained & strengthened, not diluted & scrapped #REULBill
281
3,030
10.6K
But what does this loss look like? My attempt to visualise it: each bird represents 1 million pairs - many more (57) fade out than are replaced (21). Thanks to all #volunteers whose observations provide evidence for action👉strategy.bto.org #ornithology #conservation
Quote Tweet
12
365
499
Interest rate hikes by central banks considerably slow down the renewable energy transition: newly applied renewable energy technologies have large front-loaded costs, and are less competitive than already installed fossil fuel technologies at higher interest rates.
7
64
144
Show this thread
More data points to show Big Oil doesn't know what's coming: Nigerian firm partnered with China's Yutong to deliver 12,000 e-buses to Nigerian streets in the next 7 years
That's 3.5 times the e-buses Europe added in 2022, and we are just getting going
53
118
407
Today we are proud to launch Future Economy Scotland 🚀
We are a non-partisan think tank that aims to create a new economy that is democratic, sustainable and just. Watch our video to find our more about our vision and mission:
33
296
447
Show this thread
Learning from history on how to stop the sewage pollution from UK water companies
Quote Tweet
Last year raw sewage was pumped into the UK's rivers and seas 825 times per day. How history reaches out to tap us on the shoulder. Really great new story @RapidTransition 
London’s ‘Great Stink’ of 1858: how a rapid policy response stopped the stench rapidtransition.org/stories/london
London’s ‘Great Stink’ of 1858: how a rapid policy response stopped the stench rapidtransition.org/stories/london1
Last year raw sewage was pumped into the UK's rivers and seas 825 times per day. How history reaches out to tap us on the shoulder. Really great new story 👇
London’s ‘Great Stink’ of 1858: how a rapid policy response stopped the stench
9
9
The displacement of fossil fuels from the global electricity has begun FOR REAL.
"In 2023, the world would consume an extra 726 terawatt-hours — and non-emitting sources would provide all that and more, with an extra 773 terawatt-hours." bloomberg.com/opinion/articl ht
6
39
85
Incredible work by Type in your postcode, see how bird populations have changed in your area since 1968. Round us there were long eared owls, water rail, corn buntings …
7
122
147
The business role in system change. Outgoing #Unilever CEO Alan Jope: There is no excuse for ‘incremental’ corporate sustainability strategies edie.net/alan-jope-ther.
5
5
For the ever sceptics:
„it is now virtually impossible for natural causes to explain satellite-measured trends in the thermal structure of the Earth’s atmosphere“
Quote Tweet
An important paper yesterday from Ben Santer and colleagues in PNAS “Exceptional stratospheric contribution to human fingerprints on atmospheric temperatures” doi.org/10.1073/pnas.2
Show this thread
4
7
ECB chart: In 2022, unit profits of firms (yellow bars) contributed about 70% to to domestic price pressures as reflected in the GDP deflator. This was significantly higher than the long-term average of how much profits contribute to inflation.
4
122
176
Show this thread
Global CO2 emissions from energy rose by under 1% in 2022 – less than initially feared.
The growth of solar, wind, EVs, heat pumps & energy efficiency helped offset emissions from increased coal & oil use amid the energy crisis
Read more ➡️ iea.li/42r1Ptu
3
41
73
The Limits of Win-Win: Is sustainability a market opportunity or a moral obligation? | Seminar with Duncan Austin, 11 May 2023 cusp.ac.uk/themes/finance via
2
2
Power cuts in South Africa in the first 4 months of 2023 are already greater than all of 2022, which in turn was 4.5x greater than 2021. When we think it can’t get much worse, it does
51
266
344
Net Zero duty for Ofgem:
I was part of a team at the Sustainable Development Commission (then official advisers to government) who suggested this in *checks notes* 2010.
It's a really obvious and necessary thing to do but thirteen years later we're still debating it.
Quote Tweet
It follows @EnvironmentAPPG Chair @CSkidmoreUK writing for the @FinancialTimes on why Ofgem needs a net zero duty this weekend 
ft.com/content/304a30
ft.com/content/304a30Show this thread
3
18
59
Show this thread
“Asset managers that join coalitions such as the #NetZero Asset Managers initiative are signalling to the market that they'll invest in line with the #ParisAgreement said Carbon Tracker's Maeve O’Connor (1/2)
1
3
6
Show this thread
The global energy industry emitted 135 million tonnes of methane in 2022, slightly below 2019’s record levels
These emissions are far too high & not falling fast enough, even as soaring energy prices made actions to reduce them cheaper than ever
More → iea.li/3VCCA57
37
34
#ExxonMobil (falsely) argues it can continue to expand its #oil & #gas🛢️ business & remain 'aligned' with the #ParisAgreement by cleaning up & offsetting emissions from its own operations... (1/2)
6
19
22
Show this thread
We reviewed the #methane policies of 20 banks & 20 investors in our 'Hot Money' report & found that none of them had policies for tackling agri-methane & only 9 of the 40 had a policy covering methane from the energy sector, so urgent action is required buff.ly/418RWiW
3
5
#Biodiversity has been slow to take off as a mainstream issue for business and markets, but it's beginning to surface. So great to see this biodiversity impact assessment partnership between 's and : gistimpact.com/news-insights/. .
3
5
NEW
Head of one of UK’s biggest manufacturers tells me:
- UK has already lost the global race to manufacture batteries
- It’s now on the brink of losing the race for green hydrogen tech
- Urgently needs a response to US Inflation Reduction Act
Full story:
75
794
1,379
Show this thread
Grateful to asking me to reflect on the 2022 Nobel Memorial Prize.
So, here is my account of the history of the prize, its defunct microprudential vision and lingering climate skepticism in the Economics discipline.
A summary thread with nuggets for
3
37
92
Show this thread
Diversity is key to banks’ sound governance – a diverse board makes better business decisions.
At the , we need to ensure the banks we supervise are taking all the necessary steps to create optimum conditions for good decision-making.
#TheECBblog ecb.europa.eu/press/blog/dat
8
15
21
Tackling leaks from fossil fuel sites is the fastest & cheapest way to slash methane emissions & global heating. "We know where the super-emitters are" says "We just need the policymakers & investors to do their job which is to crack down on methane" Great piece
Quote Tweet
‘Mind-boggling’ #methane emissions from Turkmenistan revealed
- cause more global heating than entire CO2 emissions of UK
- leaks could be easily fixed, say experts, and would rapidly reduce heating
@Kayrros #ClimateCrisis
Story by me
theguardian.com/world/2023/may
Show this thread
6
7
"Significant shortcomings in the functioning of the financial system are curtailing the flow of investment in green" says underlining that "we are committed to aligning ourselves with a Paris-compatible transition path across all our tasks & responsibilities"
Quote Tweet
I see three gaps in the financial system that are holding back the green transition.
In my speech at the @EUISoU in Florence last week, I explained why we cannot ignore them in our work to deliver on price stability and safe banks.
Read the full speech ecb.europa.eu/press/key/date
1:16
3.6K views
3
5
I see three gaps in the financial system that are holding back the green transition.
In my speech at the in Florence last week, I explained why we cannot ignore them in our work to deliver on price stability and safe banks.
Read the full speech ecb.europa.eu/press/key/date
12
22
40
7 May 1937 | A Dutch Jewish boy, Michael Willem Kober, was born in Nijmegen.
In January 1944 he was transported from #Westerbork to #Theresienstadt ghetto and on 19 October 1944 he was deported to #Auschwitz. On 20 October he was murdered in a gas chamber.
263
2,111
8,576
