{"id":596136,"date":"2019-08-19T04:00:33","date_gmt":"2019-08-19T04:00:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/some-of-the-worlds-biggest-investors-could-be-the-key-to-saving-the-planet-from-irreparable-harm\/"},"modified":"2019-08-19T04:00:33","modified_gmt":"2019-08-19T04:00:33","slug":"some-of-the-worlds-biggest-investors-could-be-the-key-to-saving-the-planet-from-irreparable-harm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/some-of-the-worlds-biggest-investors-could-be-the-key-to-saving-the-planet-from-irreparable-harm\/","title":{"rendered":"Some of the world\u2019s biggest investors could be the key to saving the planet from irreparable harm"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>Some of the world\u2019s biggest investors could be the key to saving the planet from irreparable harm<\/b> \u2014 not because they\u2019re tree-hugging earth lovers, but because their investments could lose significant value or be wiped out altogether if the environment is damaged beyond repair, <a href=\"https:\/\/www.bbc.com\/news\/business-49330150\">Tom Espiner writes for the BBC<\/a>. \u201c\u2018The economic and financial risks associated with climate change are very real,\u2019 says Steve Waygood, chief responsible officer at Aviva Investors. \u2018We only have the next five to 10 years to [cope] with the risks associated with climate change and make sure they don\u2019t become real.\u201d<\/p>\n<p><b>A group of 360 investors with over USD 34 tn in assets under management have come together to form Climate Action 100+<\/b>, a group that works to \u201cput pressure on companies to do the right thing\u201d when it comes to the environment. The group targets significant emitters of greenhouse gases and companies with large carbon footprints, such as BP, Shell, and coal producer Glencore. And since they\u2019re shareholders, Espiner points out, they can exert considerable pressure, but that\u2019s not to say they\u2019ve found success with every attempt. Several large companies, such as ExxonMobil, are all but refusing to cooperate, and even those who do meet the group halfway are still not putting the brakes on their harmful activities altogether.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some of the world\u2019s biggest investors could be the key to saving the planet from irreparable harm \u2014 not because they\u2019re tree-hugging earth lovers, but because their investments could lose significant value or be wiped out altogether if the environment is damaged beyond repair, Tom Espiner writes for the BBC. \u201c\u2018The economic and financial risks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":596137,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[147,72,7125,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-climate-change","tag-enterpriseam","tag-environment","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"a7353642-4449-46d9-b4e8-85d8591d100f","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/8\/2889.jpg","photo_position":"above","related_issue":[596122],"teaser":"","voice_url":""},"yoast_head":"<!-- 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This Wall Street Journal video (watch, runtime 07:44) concludes that long-term uncertainty around the company\u2019s future growth makes it a risky proposition, in spite of its current profitability. Aramco\u2019s reliance\u2026","rel":"","context":"In &quot;Worth watching&quot;","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2019.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625812,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/15\/using-climate-science-to-de-risk-investments-in-african-agribusiness\/","url_meta":{"origin":596136,"position":4},"title":"Using climate science to de-risk investments in African agribusiness","author":"enterpriseam admin","date":"15 August 2018","format":false,"excerpt":"Using climate science to de-risk investments in African agribusiness: Agriculture is Africa\u2019s main source of livelihood and employs nearly three-quarters of its total population, but farmers continue to struggle to attract investments and financing packages, Evan Girvetz writes for the Financial Times. This financing gap is largely the product of\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/8\/606.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":643977,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/09\/18\/wall-streets-biggest-banks-are-lagging-in-their-response-to-climate-risks\/","url_meta":{"origin":596136,"position":5},"title":"Wall Street's biggest banks are lagging in their response to climate risks","author":"enterpriseam admin","date":"18 September 2024","format":false,"excerpt":"80% of banks are gathering climate data, but fewer than half are adapting their financing for climate-vulnerable businesses","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/8\/2525.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596136"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596136\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/596137"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596136"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596136"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}