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The biggest carbon losers

Corporate Knights

This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Most of these reductions were made from 2015 to 2021 when Enel shut down some 40 of its 50 coal power plants fast and furiously (from 31% of generation capacity to 6%).

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Fifth Third Publishes Second Task Force on Climate-related Financial Disclosures Report

3BL Media

Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. The Company’s A- score placed Fifth Third in the top quartile of CDP’s Financial Services Activity Group. About TCFD.

Banking 246
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Euronext Launches Index Investing in Companies with Approved 1.5°C Climate Targets

ESG Today

The new index, CAC SBT 1.5°, was launched with the support of asset manager Amundi, climate research provider and environmental disclosure platform CDP and SBTi.

Net Zero 109
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SBTi Says Number of Companies Setting Validated Climate Targets Doubles in Past Year

ESG Today

The organization said that its scale-up process is aimed at meeting surging demand for corporate decarbonization standards and target validation services, with the SBTi revealing that the number of companies with validated science-based climate targets has doubled over the past year, reaching 4,204 at the end of 2023, compared to 2,079 in 2022.

Net Zero 104
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HSBC, Standard Chartered, other Major Banks Exit SBTi

ESG Today

Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.

Banking 117
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Kenvue Drives Climate Action Strategy Forward

3BL Media

Highlights on progress as reported in the Healthy Lives Mission 2023 Report include: Investments in energy efficiency and decarbonization projects have resulted in Scope 1 and 2 GHG 1, 2, 3 reductions of 26% since 2020. 10 Inventory and reporting are aligned with RE100 technical criteria and supplemented by CDP.

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ICYMI: Fifth Third Publishes Second TCFD Report

3BL Media

Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. The Company’s A- score placed Fifth Third in the top quartile of CDP’s Financial Services Activity Group. About TCFD.

Banking 130