Remove 2016 Remove Climate Change Remove Stranded Assets
article thumbnail

Shell Sets 2030 Goal to Reduce Emissions from Customers’ Use of Gasoline and Diesel

ESG Today

The company noted that emissions from oil products had already declined by around 9% in 2023 from the 2021 base, and said that the new target would represent a 40% reduction from 2016, including 8 percentage points caused by contracts being classified as held for trading purposes.

Net Zero 105
article thumbnail

Billions of dollars being used to fund coal power in Africa and Asia

Envirotec Magazine

These countries need affordable, reliable and clean energy to support their socio-economic development and to mitigate climate change. “We continue to see significant investment in coal-fired power generation in countries with high rates of energy poverty.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Breaking Down Responsible Investment

Sense and Sustainability

Using this definition, the environmental pillar most notably encompasses considerations of climate change in terms of physical and transitional risk for companies, given the projected impacts of climate change. It also includes risks related to resource scarcity (e.g. water), deforestation, waste, and pollution.

article thumbnail

ESG Explainer: Electrifying Africa

Chris Hall

The IEA blueprint involves unprecedented levels of change, the agency admits, and requires clear government strategies and policies. SAS would achieve all Africa’s energy-related development goals “on time and in full”, as well as meeting climate change commitments. of GDP), with two ? thirds going to clean energy. .