Climate change tracker hits record low as progress gathers pace City Talk The current pace of progress will result in temperatures rising by 3.6°C above pre-industrial levels, events of the first quarter of 2021 suggest. The implied temperature rise last summer was 3.9°C. In this update Schroders’ Global Head of Sustainable Investment comments on changes in oil and gas investment and carbon pricing. What is the Climate [...]
Climate Progress Dashboard forecasts global warming of 3.9°C despite Covid-19 crisis City Talk The latest update to our Climate Progress Dashboard suggests the current pace of change will result in temperatures rising by 3.9°C above pre-industrial levels. Global temperatures are on course to rise by 3.9°C, almost twice the Paris Agreement target, according to our analysis of indicators from the second quarter of the year. Huge reductions in [...]
Clean technologies and climate policy: the global financial crisis and Covid-19 City Talk A lot has changed for clean technologies since the global crisis in 2008. As investors in climate change, this is hugely encouraging. It is striking just how much has changed for clean technologies and climate policy between the financial crisis in 2008 and the one we face today. As climate change investors, this gives us [...]
How coronavirus is turning the spotlight on sustainable investing March 25, 2020 It is difficult to start any article without referring to the threat presented by the coronavirus sweeping across countries. The human impacts are clearly devastating for anyone affected, even if the overall impact is at present relatively small in the context of major pandemics through history. The economic and financial impacts are also proving significant. [...]
Climate Progress Dashboard points to 4.1°C rise in temperature January 30, 2018 Progress is being made in tackling climate change, with continued falls in oil and gas investment pointing to lower future production. However, the improvements have been offset by a global fall in investment in clean technologies. Those are findings of the Schroders Climate Progress Dashboard, updated quarterly, which tracks the temperature rises implied by key [...]
The company profits at risk from rising carbon prices September 5, 2017 The extent to which company profits and investor returns could be at risk from tougher climate policies and higher carbon prices has been set out by a new model developed by Schroders. The “Carbon Value at Risk” (Carbon VaR) framework, developed by the Sustainable investment team, highlights the inadequacies of traditional measures of climate risk [...]
Electric cars to charge ahead August 29, 2017 In late July, the UK government announced plans to ban the sale of new petrol and diesel-only cars in Britain from 2040[1]. It joined the Netherlands, Norway, India, and France to become the fifth country to commit to ending the sale of traditional internal combustion engine cars. However, while it has yet to commit to [...]