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Reclaim Finance argues that the proposed ISR label framework lacks sufficient guarantees for investors and requires stronger sectoral exclusions, particularly for unconventional fossil fuels and coal. The organization calls for the label to mandate alignment with a 1.5°C warming scenario, the use of specific scientific benchmarks for transition plans, and increased transparency in shareholder engagement and voting policies.

The Allied for Climate Transformation by 2025 (ACT2025) consortium calls for COP28 to accelerate climate action through four primary pillars: advancing ambition to limit warming to 1.5 degrees C, scaling up people-centered adaptation, operationalizing loss and damage institutions, and mobilizing trillions in climate finance. The document emphasizes that G-20 nations, responsible for approximately 75% of global emissions, must lead in phasing out fossil fuels and meeting financial commitments to support the most vulnerable nations.

Reclaim Finance criticizes the French government's "Industrie verte" bill, specifically its financing measures, for lacking strict criteria to prevent public and private savings from funding fossil fuel projects. The organization argues that new initiatives like the "Avenir climat" savings plan for minors and changes to life insurance regulations do not guarantee alignment with the 1.5°C warming limit and may exacerbate inequalities. Reclaim Finance proposes mandatory transparency indicators for controversial activities, minimum investment criteria for public-supported products, and preferential loan rates for ecological transition projects.

The paper reviews 15 criteria used in literature to determine the sequencing of a global oil extraction phase-out, arguing that the choice of criteria significantly alters which countries phase out first and that current gaps in these indicators risk undermining just transition goals.

The document proposes a Fossil Fuel Non-Proliferation Treaty based on three pillars: non-proliferation (ending new exploration), fair phase-out of existing production, and a Global Just Transition. The Global Just Transition pillar focuses on enabling countries, workers, and communities to move away from fossil fuel dependence through economic diversification, the rapid deployment of renewable energy, and robust social protection. It emphasizes that wealthy nations must transition fastest and provide financial, technological, and capacity-building support to the Global South to ensure a sustainable and equitable transformation.

The briefing advocates for business support of the Fossil Fuel Non-Proliferation Treaty, asserting that a global mechanism to phase out coal, oil, and gas is essential to avoid overshooting 1.5°C. It highlights that current government production plans exceed 1.5°C limits and that existing reserves alone would result in seven times the emissions allowed by the remaining carbon budget. For businesses, supporting the treaty is presented as a way to reduce physical and transitional risks, unlock renewable energy investment, provide integrity to net zero pledges, and improve corporate reputation among employees and stakeholders.

Reclaim Finance advises investors to integrate climate criteria into their 2023 Annual General Meeting (AGM) votes. The briefing argues that 'Say on Climate' resolutions are often used for greenwashing and should be opposed if strategies are incomplete or misaligned with a 1.5°C scenario. It specifically calls for opposition to TotalEnergies' Say on Climate and support for shareholder resolutions at ENGIE and energy majors (TotalEnergies, BP, Shell, Chevron, and ExxonMobil) regarding Paris Agreement alignment. Additionally, it recommends using routine votes on director reappointment, executive remuneration, and financial statements to sanction a lack of climate ambition or risk disclosure.

The briefing outlines four key areas where G7 nations can lead on fossil fuel phase-out: setting a 2030 deadline for coal phase-out, implementing the end of fossil fuel subsidies, fulfilling commitments to stop international public finance for fossil fuels, and ending new oil and gas development.

The We Mean Business Coalition calls on G7 Ministers to accelerate the transition to clean energy to mitigate climate risks and economic loss. The coalition argues that while business is ready to deploy clean energy solutions, it requires supportive policies and the repurposing of $1 trillion in fossil fuel subsidies. Key recommendations include decarbonizing power systems by 2035, phasing out domestic coal by 2030, and ensuring 100% sales of zero emissions vehicles for new light-duty vehicles by 2035.

The document is a formal appeal to JPMorgan Chase shareholders to vote in favor of a resolution that would stop the bank from financing fossil fuel expansion. The signatories argue that continuing to fund new oil, gas, and coal infrastructure is inconsistent with the global scientific consensus required to limit warming to 1.5°C and contributes to environmental injustice and economic risk.

The European Central Bank's (ECB) March 2023 climate disclosures reveal that its corporate asset portfolios have not decarbonized at a pace matching European climate goals, with total carbon emissions increasing by approximately 88% between 2018 and 2022. The report argues that the ECB's 'climate tilting' framework is insufficient because it only applies to reinvestments rather than the existing stock of assets and fails to exclude fossil fuel developers. To align with its 2021 climate roadmap, the author recommends that the ECB extend its climate approach to the stock of corporate bonds and exclude companies inconsistent with the 1.5°C objective.

The document defines key metrics and terminology across finance and energy sectors, specifically focusing on capital expenditure (CAPEX) types, oil and gas operational stages, and renewable energy capacity measures used in the context of 1.5°C climate pathways.

The briefing provides a framework for climate-conscious investors to use their voting rights at 2023 AGMs to hold companies accountable for their climate strategies. It recommends voting against the re-election of directors, executive remuneration, and financial statements if companies fail to disclose comprehensive 1.5°C-aligned strategies or continue fossil fuel expansion. The document specifically analyzes the inadequacies of 'Say on Climate' resolutions and provides case studies on companies like TotalEnergies, BP, and BNP Paribas, while offering a set of priority written questions for the energy, utility, and financial sectors.

The briefing argues that ExxonMobil's climate strategy lacks the transparency and ambition required to align with a 1.5°C pathway. It finds that the company's projected 2030 oil and gas production levels significantly exceed IEA NZE requirements, while its financial allocations remain heavily skewed toward fossil fuels with no reported investments in renewable power generation.

The document translates complex IPCC findings into accessible language, emphasizing the urgent need for zero new fossil fuel development, the necessity of carbon dioxide removal to limit warming to 1.5 degrees Celsius, and the critical requirement for increased climate finance for developing countries.

Earthjustice argues that limiting climate mitigation to the property level is insufficient to protect world heritage. The statement recommends that the World Heritage Committee recognize state parties' national-level obligations to limit warming to 1.5°C, acknowledge extraterritorial obligations under Article 6(3) to prevent transboundary harm, and utilize the List of World Heritage in Danger to hold states accountable for climate-related threats.

The report finds that Lloyd’s of London's fossil fuel guidelines are inadequate and lack enforcement, leading to a wide disparity in climate policies among its top 20 managing agents. While some agents have adopted best-in-class exclusions, many others ignore Lloyd's recommendations entirely, continuing to provide insurance for coal, oil, and gas expansion. The document highlights specific 'carbon bomb' projects—including pipelines in Canada and East Africa and mines in Australia—that continue to receive market support, and calls for Lloyd's to implement mandatory enforcement mechanisms and strengthen its exclusions to align with a 1.5°C pathway.

The steel sector is the highest CO2 emitter among heavy industries, accounting for 11% of global CO2 emissions. The report highlights that the dominant blast furnace to basic oxygen furnace (BF-BOF) route is highly carbon-intensive due to its reliance on metallurgical coal. To meet the 1.5°C target, the IEA suggests steel emissions must drop by 25% by 2030 and 92% by 2050. The document emphasizes a critical investment window, as over 70% of existing coal-fired blast furnaces need refurbishing by 2030. Reclaim Finance recommends that financial institutions end support for new metallurgical coal mines and coal-based steel facilities, instead prioritizing electric arc furnaces (EAF) and hydrogen-based direct reduced iron (HDRI).

ClientEarth argues that the TPT framework must move from permissive language to mandatory, science-aligned standards to correct a market failure where corporate net zero commitments lack credible transition plans. Key recommendations include requiring alignment with 1.5°C pathways, mandatory disclosure of all Scope 1-3 emissions, and a prohibition on counting carbon credits toward reduction targets. The document also advocates for stronger links between transition plans and financial statements, more rigorous reporting on corporate lobbying, and the integration of 'just transition' and nature-positive objectives.

The document argues that ENGIE's transition strategy is incompatible with a 1.5°C scenario due to its continued investment in gas power and lack of transparency in its decarbonization plans.