As Total joins Shell & BP in writing down or divesting #tarsands; it's worth recalling how the Co-op, WWF & Greenpeace called it right in 2008 with pioneering engagement of investors & oil majors re #ClimateRisk #StrandedAssets. NGOs & #ESG pioneers need to say "told you so" more
As Total joins Shell & BP in writing down or divesting #tarsands; it's worth recalling how the Co-op, WWF & Greenpeace called it right in 2008 with pioneering engagement of investors & oil majors re #ClimateRisk #StrandedAssets. NGOs & #ESG pioneers need to say "told you so" more
As Total joins Shell & BP in writing down or divesting #tarsands; it's worth recalling how the Co-op, WWF & Greenpeace called it right in 2008 with pioneering engagement of investors & oil majors re #ClimateRisk #StrandedAssets. NGOs & #ESG pioneers need to say "told you so" more
As Total joins Shell & BP in writing down or divesting #tarsands; it's worth recalling how the Co-op, WWF & Greenpeace called it right in 2008 with pioneering engagement of investors & oil majors re #ClimateRisk #StrandedAssets. NGOs & #ESG pioneers need to say "told you so" more
As Total joins Shell & BP in writing down or divesting #tarsands; it's worth recalling how the Co-op, WWF & Greenpeace called it right in 2008 with pioneering engagement of investors & oil majors re #ClimateRisk #StrandedAssets. NGOs & #ESG pioneers need to say "told you so" more
In 2009, we tried to get the disclosure needed
In 2009, we tried to get the disclosure needed
In 2009, we tried to get the disclosure needed
By 2010, we'd attracted the attention of mission-led asset owners & #ESG pioneers, & working with @ShareAction pulled together a large coalition to co-file at BP & Shell what were the largest ESG resolutions ever tabled in the UK. #TarSands #StrandedAssets
By 2010, we'd attracted the attention of mission-led asset owners & #ESG pioneers, & working with @ShareAction pulled together a large coalition to co-file at BP & Shell what were the largest ESG resolutions ever tabled in the UK. #TarSands #StrandedAssets
By 2010, we'd attracted the attention of mission-led asset owners & #ESG pioneers, & working with @ShareAction pulled together a large coalition to co-file at BP & Shell what were the largest ESG resolutions ever tabled in the UK. #TarSands #StrandedAssets
By 2010, we'd attracted the attention of mission-led asset owners & #ESG pioneers, & working with @ShareAction pulled together a large coalition to co-file at BP & Shell what were the largest ESG resolutions ever tabled in the UK. #TarSands #StrandedAssets
By 2010, we'd attracted the attention of mission-led asset owners & #ESG pioneers, & working with @ShareAction pulled together a large coalition to co-file at BP & Shell what were the largest ESG resolutions ever tabled in the UK. #TarSands #StrandedAssets
The Shell & BP resolutions attracted single figure support at the AGM, which have since been proven right. It was basically beneath many asset managers to support something that didn't emanate from themselves or peers; & this daft mentality is still common. #ESG #StrandedAssets
Just think of the #OpportunityCost of not listening to NGOs & #ESG pioneers & continuing to pump $billions into #TarSands, which, as predicted, are becoming #StrandedAssets. How much has snobbery & unwillingness to oppose mgmt cost asset managers, their clients, & the planet?
Let's end on a positive note; be thankful #tarsands are becoming stranded, the alternative was catastrophic climate change. Also h/t to @CarbonBubble @CampanaleMark for finally getting mainstream investor attention with their carbon bubble thesis & hard numbers.
From the Co-op/WWF report launched yesterday 2008; setting the foundation stone for much to follow https://wwf.panda.org/wwf_news/?142181/Scraping-the-bottom-of-the-oil-barrel-a-significant-new-climate-risk #StrandedAssets #ClimateRisk #TarSands #Unconventionals
You can follow @ColinBaines1.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:
Those who think consciousness raising & movement building are disconnected, or even a distraction from electoral politics have not paid attention to the history of social change.In this thread, we
Read more
The 2020s will be known as the Remote Work decadeA few predictions of what is likely to emerge[ a thread ] Third Space: Office and Working from Home will
Read more
1/29: Have you ever had a concept explained to you that helps frame complex issues you’ve been wrestling with and opens your eyes to new possibilities? A concept that I
Read more
By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.