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SBTi Appoints Maria Outters as First Chief Impact Officer

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.

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COP27: A Breakthrough for People and Planet

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015) where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into this year’s landmark developments and future prospects. Human activity is overloading the natural carbon cycle.

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Accelerating Climate Action

3BL Media

Scott Tew, VP Sustainability: With the call to triple renewables deployment and transition energy systems away from fossil fuels, Dubai may be the most significant COP since the Paris Agreement in 2015. Is the agreement perfect? Of course not. Critics are pointing to “cavernous loopholes.” Absolutely.

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Nasdaq Maintains a High Position in Chartis RiskTech100 Rankings

3BL Media

Anti-Financial Crime Market abuse, fraud, and money laundering is an enormous problem across the globe that costs trillions of dollars and contributes to systemic risks to the global economy. Significantly, ESG reporting is now being incorporated into formal accounting standards.

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“Insufficient” Action from Banks to Meet Climate Targets

Chris Hall

Not moving fast enough” According to the TPI Centre’s report, banks lack alignment with the Paris Agreement, with just 19% of their sectoral pathways being aligned with temperature goals of 1.5°C It also deemed the performance of the two US custodian banks – BNY Mellon and State Street Corporation – to be “very weak”.

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Aligning Finance with Climate Action

Chris Hall

c) of the Paris Agreement, seems sensible – why would we collectively pursue investments that harm people and the planet? The Paris Agreement stimulated a reckoning to align public and private finance with net zero and climate resilience. Most investments are out of sync with the goals of the Paris Agreement.

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What is the Science-Based Targets initiative (SBTi)?

Sphera

Reduction targets are “science-based” if they align with levels the scientific community deems necessary to meet the 1.5 - 2 °C temperature reduction target set by the 2015 Paris Agreement. In the Paris Agreement, world governments committed to curbing global temperature rise to 2°C above pre-industrial levels.