Tag Archives: Paris Agreement
Resilience to Rising Carbon Prices: Do Eurozone S&P PACT Indices Stand the Test?
“Code red for humanity.” That’s how the imminent effects of climate change were described by the UN.1 Human-induced global warming stands at 1.1°C above pre-industrial levels, and will likely reach more than 2.7°C by 2100.2 If the world is to achieve the goals of the Paris Agreement and limit global warming to 1.5°C, decarbonization is…
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S&P PACT Indices Sector Weight Explanation in Developed and U.S. Markets
In April 2020, we launched the S&P PACTTM (Paris-Aligned & Climate Transition) Indices. The indices aim to align with a 1.5oC climate scenario, the EU’s minimum standards for EU Climate Transition Benchmarks and EU Paris-Aligned Benchmarks, and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), while maintaining a broad, diversified exposure. The…
S&P PACT Indices Sector Weight Explanation in Europe and the Eurozone
In April 2020, we launched the S&P PACTTM (Paris-Aligned Climate Transition) Indices. The indices aim to align with a 1.5oC climate scenario, the EU’s minimum standards for EU Climate Transition Benchmarks and EU Paris-Aligned Benchmarks, and the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), while maintaining a broad, diversified exposure. The S&P…
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Why Clean Energy Now
The U.S. Energy Information Administration (EIA) forecasts that power generation coming from renewable sources, such as wind, solar, hydro, and geothermal, should provide the majority of the world’s energy needs by 2050.1 The use of renewable energy has been increasing significantly over the last decade, however its current level of consumption still lags those of…
What Drives the S&P PACT Indices’ Weights?
In April 2020, we launched the S&P PACTTM Indices (S&P Paris-Aligned & Climate Transition Indices). The indices aim to align with the following: a 1.5oC climate scenario, the relevant aspects of the EU Low Carbon Benchmark regulation (BMR), and recommendations from the Task Force on Climate-related Financial Disclosures (TCFD), while maintaining a broad, diversified exposure….
Biden 1, Climate Change 1.5
“Today, the Trump Administration officially left the Paris Climate Agreement. And in exactly 77 days, a Biden Administration will rejoin it.” –Joe Biden, Nov. 4, 2020. 1 In a crowded field for “standout tweets from a U.S. president or president-elect,” for those of us who have dedicated careers to tackling sustainability challenges, this may be…
S&P PACT™ Indices: Empowering Investors Looking to Align with a 1.5°C Scenario
How can indices provide greater insight into climate risk and help investors looking to go beyond traditional carbon reduction strategies? Take a closer look at the drivers behind the new S&P PACT™ Indices with S&P DJI’s Jaspreet Duhra and Andrew Innes.
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1.5C Scenario, Andrew Innes, carbon, climate, climate change, Climate Transition, emissions, ESG, Fossil Fuel, institutional investor, Jaspreet Duhra, Net Zero, Physical Risk, S&P PACT, S&P Paris-Aligned & Climate Transition Indices, sustainability, Task Force for Climate-related Financial Disclosure, tcfd, Trucost Transition Pathway Model
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- 1.5C Scenario, Andrew Innes, carbon, climate, climate change, Climate Transition, emissions, ESG, Fossil Fuel, institutional investor, Jaspreet Duhra, Net Zero, Physical Risk, S&P PACT, S&P Paris-Aligned & Climate Transition Indices, sustainability, Task Force for Climate-related Financial Disclosure, tcfd, Trucost Transition Pathway Model
Business as Usual for the S&P Paris-Aligned Climate Indices
On April 20, 2020, the S&P Eurozone LargeMidCap Paris-Aligned Climate Index (S&P Eurozone PA Climate Index) was launched (see press release). This index has been designed to align with recommendations from the Task Force on Climate-related Financial Disclosures and follow the new minimum standards for EU Paris-Aligned Benchmarks proposed by the EU,[1] while remaining as…
Two Birds, One Stone: How the S&P Paris-Aligned Climate Index Concept Meets the Proposed EU Climate Benchmark Regulation and the Recommendations of the TCFD
As the world continues to pump the gas on a one-way street toward catastrophic climate change, market actors are attempting to slow down the traffic by limiting global temperature rise to within 1.5°C since pre-industrial levels.[1] To date, climate-conscious investors have largely focused on reducing relative portfolio carbon exposure. However, divergent methodologies make fertile ground…
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Momentum for a Low-Carbon Economy – A Postcard From Poland
It is now three years since the historic events at the UN Climate Conference in Paris in December 2015. At that event, with much relief and emotion, the countries of the world came together to agree that global emissions should be limited. We would collectively seek to contain the temperature rise to within 2 degrees…