Patricia Rodrigues Jenner Ph.D.🌏

Join us in driving climate action 🌍 For the fourth year, a call is going out to encourage UK-listed companies to put their climate transition plans to a shareholder vote. CCLA Investment Management is co-leading this initiative with Local Authority Pension Fund Forum (LAPFF). Last year, this initiative was backed by investors managing £1.8 trillion in assets. This year, we're focusing on FTSE 100 companies that haven't yet held a vote on their climate plans in the past three years. This is a crucial opportunity for shareholders to voice their support or concerns about these companies' decarbonisation strategies. The deadline to join is 6 September. If you're a PRI signatory, more details can be found at [https://lnkd.in/g9qy5sZu]. Otherwise, please message me for the relevant information. Let’s make a meaningful impact together #ClimateAction #SustainableInvesting #ResponsibleInvestment Matthias Narr Natasha Landell-Mills, CFA Helene Winch Claire Berthier Capucine Beslay Amélie Landrin Marie Marchais Stephanie Monnier Lewis James-Lawrence Vanessa Mai Roger Lewis Marine Dulon, CESGA Diane Moulonguet Ellie Walley Beatrice Stadler Dan Babington Vaishnavi Ravishankar

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The relationship between energy and capital: insights from The Wealth of Nations—New #OpenAccess paper by Simon Mair → https://lnkd.in/eAxyFKia ℹ️ To deliver low-carbon transitions, we must understand the dynamics of capital. To this end, Simon Mair develops a theory of energy-capital relations by reading Adam Smith’s The Wealth of Nations from an energy-analysis perspective. He argues that, for Smith, capital is any resource used to support production with the intention of generating profits through market exchange. Because it is profit driven, capital does not save energy, it redirects it to new uses. This suggests that low-carbon investment can only enable a low-carbon transition if coupled to a systematic challenge to the profit drive. __ cc #EconomicTheory #AdamSmith #PoliticalEconomy #LowCarbonTransition #ClimateChange #CapitalDynamics #EnergyTransition #PostGrowth #Degrowth #Capitalism

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Investors Call for Climate Strategy Vote at UK’s Largest Listed Companies As we approach the 2025 AGM season, our message is clear: it’s time for boards to engage with shareholders by providing a vote on their climate transition strategies. A group of investors with £1.6 trillion AUM has written to FTSE 100 companies yet to offer their shareholders a vote on these crucial plans. Transparent and credible plans that align with global decarbonisation goals are essential for fostering informed investment decisions and strengthening partnerships between investors and companies. By offering a dedicated vote on these strategies, boards empower investors to provide valuable feedback—whether that’s support or constructive concerns. This collaborative approach helps refine corporate strategies, ensuring they are well-positioned to manage climate-related risks and seize emerging opportunities. With only 20% of FTSE 100 companies currently offering shareholders a transition plan vote, there’s an opportunity for more boards to align with best practices and actively involve their investors in the journey toward decarbonisation. The message is clear: meaningful progress on climate action comes from transparency, dialogue, and a commitment to shared goals. We’re ready to support and collaborate with boards that take decisive steps toward a sustainable and resilient future. Press release here: https://lnkd.in/eeGEHTJD Paul Hunter Matthias Narr Natasha Landell-Mills, CFA Martijn Stam Vaishnavi Ravishankar Stephanie Monnier Ellie Walley Lewis James-Lawrence Laura Moss-Bromage Saphira Suoi Tristan Fava, CESGA Roger Lewis Cesare Vitali Marie Marchais Vanessa Mai Sophie Lawrence Marine Dulon, CESGA Andreas von Angerer Stephen Power SJ Alistair Tucker Diane Moulonguet Sheila Stefani Gillian de Candole Nathanaël Neveu Elin Noring Christina Gordon Christiansen Farida Hassanali Lionel Brun Helene Winch Robert Dan Babington Capucine Beslay Claire Berthier Ellen Karin Pedersen Beatrice Stadler Scott Murray Julian Parrott Clémence Chatelin

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Can investors’ good intentions be translated into effective action, ask Federated Hermes Limited. They see value in qualitative research and direct engagement with companies, and believe the best solution combines strong historical data with scenario analysis, sector decarbonisation pathways, technology curves and projected emissions tools. #NetZero #Engagement #PensionsforPurpose https://ow.ly/Q9Nt50TaK8r

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TPR has analysed a selection of 30 reports and published its findings last week to help raise standards across industry. #UKPensions #TPR #ClimateAction

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Join us on 18 June for our investment webinar 'Navigating the climate transition from an investor perspective' where experts will help to: • Define transition and investment themes you should be aware of • Highlight the progress on climate transition in portfolios and sectors • Discuss the recent trends in the energy sector, including recent challenges • Provide practical examples of what investors are doing to manage their portfolio through the transition Register today https://bit.ly/4cdA6kZ #investmentwebinar

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Why we need carbon credits and why we need carbon ratings...in under 2 minutes ⏳ Carbon projects are complex. Carbon markets are complex. Making sense of billions of data points, hundreds of millions of credits, thousands of projects, dozens of sub-sectors is complex. Watch our Lead Analytical Officer Ronan Carr explain how carbon ratings help companies understand project quality and drive climate action, all in under 2 minutes, at Viva Technology last month⬇️ #CarbonRatings #CarbonCredits #ClimateAction #VivaTech

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Many thanks 🚀🌍💥  Lindsay Hooper & Paul Gilding at Cambridge Institute for Sustainability Leadership (CISL) for the insightful 💥💥 “ #Survival of the #Fittest: From #ESG to #Competitive #Sustainability”💥💥. Key highlights 💥🔑👇: ❗ ✨🎯  #ESG has not driven sufficient change: ➡️✨Despite #netzero pledges, many oil majors, such as ExxonMobil, continue to expand #fossilfuel production, highlighting that #ESG alone isn't enough to transform industries or tackle environmental crises at scale. 🔑✨🎯 #Economic transition is inevitable: ➡️✨ #Environmental limits are forcing #economic shifts. Success stories like the #European Union's renewable energy targets, the #US Inflation Reduction Act, and #China’s green incentives are promising, but they are not yet enough to drive the rapid systemic change required. 🔑✨🎯 #Businesses need a mindset shift: ➡️✨ Sustainability is no longer just an add-on – it’s essential for long-term viability. ➡️✨The #German automotive sector’s reluctance to fully embrace #electric vehicles highlights that protecting incumbent #technologies risks losing ground to #competitors. 🔑✨🎯 Advocating for strong government policies is essential: ➡️✨In the case of #plastic packaging, leading #companies are now pushing for deposit return schemes and incentives for recycling, rather than focusing on increasing #recyclable content, to drive real #systemic change. 🔑✨🎯 From "#ESG" to "#competitive #sustainability": ➡️✨ #Sweden’s fossil-free steel initiative, led by companies like SSAB & Volvo Group shows how aligning business strategy with sustainability goals can accelerate progress & create a competitive advantage. 🔑✨🎯 Focus on shifting entire #markets and #sectors: Success of #renewable #energy policies across #EU shows how consistent #government support can create thriving markets for climate-neutral & sustainable products. 🔑✨🎯 #Businesses must shape #public #discourse: ➡️✨ It’s critical for businesses to make the case that bold, swift action on #sustainability will benefit #economies, #jobs, #security, and #publichealth. ➡️✨ Transition will require business #leadership and #advocacy for policies that support this transformation. 💥 Links in comments 💥 Calvin Chu Yee Ming Elsa Pau Agnes K Y Tai, PhD 戴洁莹 Vivien Teu Daan van der Wekken Christopher Fidler Annabel Gillard Aoifinn Devitt Dr Victoria Hurth Andrew Parry Hilary Eastman, CFA Will Goodhart Jason Mitchell James Alexander Dr Nina Seega Tim Manuel Valentina Ramírez, CFA Jenny Segal Hilary Eastman, CFA Hemesh Nandwani Marcio Brandão #investing #markets #economy #innovation #esg #sdgs #future #cop27 #technology #biodiversity #sustainability #india #impactinvesting #environment #climaterisk #growth #assetmanagement #energy #renewables #investments #economics #sustainable #circulareconomy #privateequity #sustainabledevelopment #pension #riskmanagement #risk #governance #fundmanagement #finance #humanrights #humanresources #environmental #investment #water

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Have you ridden the #carbon credibility rollercoaster? Well, if your business is in any way related to #carbonmarkets – my guess is that you’re in the middle of a very long ride! Check out this article where I look at the SBTi’s evolving #NetZero Standard and how I think #timber can be built into a solution in the carbon credibility crisis. #naturebasedsolutions #climatefinance #VCM #forestinvestment #timberlandinvestment #sustainableforestmanagement

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We are seeing growing interest from clients in investments aligned to the low-carbon transition. But there is not always a sufficient pipeline of commercially viable low-carbon projects across most sectors of the UK economy to meet demand. To address this issue, clear and long-term public policy measures will be essential. This is why we put together this Policy Roadmap. Authored by my colleagues Nick Molho and Sophie English, and featuring input from our investment desks and a range of external experts, this ambitious report aims to help policymakers identify measures that could help unlock private capital at the pace and scale necessary to achieve the UK’s net-zero target, while creating attractive new potential investment opportunities into the bargain. It outlines suggested policy interventions over the next five years across eight key sectors: power, buildings, heavy industry, surface transport, aviation, shipping, nature restoration and engineered carbon removals. The result of months of in-depth research, collaboration and engagement, the Roadmap provides a rigorous analysis of the current state of the transition and – we hope – a useful tool for those seeking to plot a course towards a low-carbon economic model. It should also be of value to anyone interested in the broader question of how finance can help address the climate and biodiversity crises. We hope you enjoy the read. https://bit.ly/3Sbkl6l #LowCarbon #UKEconomy #Policy

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Featured content: Triodos Investment Management's article on mobilising capital to expedite the energy transition, and accelerate climate finance was chosen for our 'Top Picks' newsletter. It was selected from items uploaded to the Pensions for Purpose platform in September as one of six stories to share with members. #EnergyTransition #ClimateFinance #PensionsforPurpose https://ow.ly/inXo50TMGYn

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🔍 Unveiling IFPR Insights: FCA's Latest Findings In November 2023, the FCA released its final report on ICARA and IFPR. Key findings include concerns about liquid asset requirements and shortcomings in wind-down assessments. Compliance Managers, take note: • Dive deeper into FCA's observations • Incorporate exemplary practices and areas for improvement in Wind-Down Planning Read the full blog written by Karishma Galaiya FCSI, our Senior Manager, for more insights: https://lnkd.in/en2FNAuS Stay tuned for more regulatory updates! Reach out to our specialist Investments team and schedule a free consultation to find out how Thistle Initiatives can help you with implementing IFPR or general regulatory MIFIDPRU questions. Get in touch by calling 0207 436 0630 or sending an email to Karishma Galaiya at [email protected] #FinancialCompliance #RegulatoryInsights #IFPR #FCA #ComplianceManagement

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1.0 is broken. "Here is the voluntary carbon credit market 2.0" 🌎 📊 I was really pleased to hear the Global Chair of The Integrity Council for the Voluntary Carbon Market (ICVCM) Annette Nazareth speak - and ask her questions on a topic close to my heart. Post 1 of 2: as this is a shout out to my top speakers at the Carbon and Energy Professionals New Zealand conference in Ōtautahi Christchurch. CARBON CREDIT MARKET GLOBALLY 🌐 - "This is the voluntary carbon credit market 2.0" ⛰ - 1.0 is broken ⚡ - The new ICVCM standard has raised the bar on carbon credit projects globally 🔝 - "No projects have yet been certified under this new standard" ...! (good to know) 🔜 - The big players have had their programmes approved e.g. Verra, GoldStandard ⚜ - Evidencing 'Additionality' and 'Permanence' of a project are still the focus points/ hot topics - Impact to indigenous people and local communities are included in the standard - "Continuous improvement" of the standard is built-in. There will be a 3.0 at some point too! ICVCM has released the standard which, going forward, carbon credit projects globally should be certified against. The goal is to mobilise the private sector to fund climate action of high integrity projects. And last but not least - in fact most importantly - gross emission reductions is the first priority.

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I read today's article in the The Guardian (see link in comments below) with interest. The dawning realisation and indeed policy endorsement to promoting the continued usage of #naturalgas in the #UK's power system, demonstrates a level of common sense from the incoming #Labour administration - though let's not pick bones about the fact that the previous administration's decision to extend usage of #CCGTs met with widespread criticism from across the chamber at the time.  The idea that greater penetration of renewables in the system requires greater #flexiblepower provided by natural gas #powergeneration, is clear - at least until and unless it is displaced by #nuclear, or indeed #longdurationstorage, which can recycle green #electrons. The jury's currently out on the latter from a commercialisation perspective, and new nuclear build is years ahead. So natural gas continues to be the #decarbonised transition fuel of choice. But here's the kicker, with #carboncapture #technology attached to gas generators, we can deliver #netzero flexible power into the #grid. And why only #sequester the #CO2? Why not create a further revenue opportunity by scrubbing or reusing the CO2 in products such as food grade #industrialgases or #carbonblack products, or indeed #methanol? In doing so, a real opportunity exists to invest without the dependence on #subsidy. At Victory Hill Capital Partners LLP, our thematic approach to investing in the #energytransition foresaw such an #evolution, hence our investment in a UK programme which provides #gasfired flexible power combined with carbon capture technology which scrubs the CO2 into #foodgrade CO2 to be sold into the industrial gases market where there is a structural short in the UK, creating a #sustainable value chain, with our partners, Landmark Power Holdings. Moving forward, we believe the picture of the #demandsidedynamics are likely to be further skewed by the emergence of generational #AI technology in #datacentres. With the amount of energy required for AI technology tasks being 10x more than the equivalent Google tasks, the demand for dependable energy is expected to spike to historically higher levels in the next 10 years in #Europe, the #US and beyond. And within this context, the conversation will likely be, is natural gas a #transitionfuel? Or will it be here to stay? In which case the question arises of: who understood ahead of time the benefits of carbon capture technology, and is there sufficient policy initiatives and #privatecapital to support this? Interested? #letstalk #sustainableinvesting #unsdgs #victoryhill #gseo Department for Energy Security and Net Zero Fiona Harvey #victoryhill Emily Revess #sustainableenergy Louis Taylor John Flint Emma Floyd Valerie Hamill Victoria Seabrook Rt Hon Rachel Reeves Peter Kyle Lord Philip Hunt

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Institutional Investors Group on Climate Change (IIGCC) issues Call to Action   Today IIGCC has issued a ‘Call to Action’ urging the UK government to adopt a ‘whole of government’ approach to reducing emissions across all sectors of the economy. Setting clear decarbonisation plans is vital, but actions speak louder than words—each government department must implement these plans and make real progress.   The publication emphasizes that success depends on decisive actions, well-designed policies, effective coordination among stakeholders, and a renewed commitment by the next government to achieving emission reduction goals, especially within the real economy.   The lasting value in this call to action will be in the follow-up. Now is the time to work with government to embed the recommendations and commit to appropriate strategies to ensure a consistent and clear direction of travel in all sectors of the economy. That way, investors can have greater confidence to provide funding for the required transition. Faith Ward Chris Dodwell Kristen Mierzejewski UK Call to Action https://lnkd.in/eskzN5Ej #ClimateAction #SustainableInvesting #IIGCC #UKGovernment #Decarbonisation #Investment #Sustainability

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In this week's issue of Travers Smith's Sustainability Insights we are looking at the latest EU rules on fund names and greenwashing. #GreenWashing #AssetManagement #SustainabilityInsights Read and listen to the full briefing on our website: https://lnkd.in/e34vn5Ej

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Local Authority Pension Fund Forum (LAPFF) and CCLA Investment Management, supported by investors representing £1.6 trillion AUM, have written to the chairs of 76 FTSE 100 companies that have not held a vote on their climate transition plans in the past three years setting out their expectations ahead of next year’s AGM season.  #ClimateChange #Sustainability #ClimateStrategy

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