Remove 2016 Remove Decarbonize Remove Paris Agreement
article thumbnail

Can fossil fuel lobbyists be barred from global climate talks?

Corporate Knights

The landmark Paris Agreement was forged in the corridors of COP21 back in 2015. They could have an amazing impact on accelerating decarbonization, but theyve decided not to do it. They could have an amazing impact on accelerating decarbonization, but theyve decided not to do it. Shes changed her mind.

article thumbnail

Use of Employee Incentives to Hit Climate Goals More than Doubles Over Past Year: Accenture

ESG Today

The report found that most companies are making progress on decarbonization, revealing a 6% annual decrease in average emissions intensity, or emissions per unit of revenue, since the 2016 Paris Agreement. over the prior year, after growing from 27% in 2021.

Net Zero 118
Insiders

Sign Up for our Newsletter

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

article thumbnail

Over 75% of Companies Have Cut Emissions Intensity Since Paris Agreement: Accenture

ESG Today

For the study, Destination Net Zero, Accenture examined the 2,000 largest public and private companies by revenue globally, analyzing their net zero commitments, decarbonization levers and track records of reducing operational Scope 1 and 2 greenhouse gas emissions.

article thumbnail

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

The analysis, " Banking on Climate Chaos 2021 ," underscores that while overall fossil fuel financing did tumble significantly in 2020, the total amount of financing provided to fossil fuel firms in 2020 was still more than $40 billion higher in 2020 than in 2016, at $750 billion. Decarbonization. Finance & Investing. Business Green.

Net Zero 398
article thumbnail

A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

In 2016, the HYBRIT project was launched as a joint venture between utility Vattenfall , iron ore producer LKAB and steelmaker SSAB. Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness.

article thumbnail

France Bans Fossil Fuel Companies from Responsible Investment Labelled Funds

ESG Today

The SRI label was launched by the French Ministry of the Economy and Finance in 2016, aimed at allowing the general public to invest in savings vehicles that integrate ESG principles. The new rules will also require companies included in SRI-labelled funds to have a Paris Agreement-aligned transition plan.

article thumbnail

Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Under the Glasgow Financial Alliance for Net Zero forged for COP26, the banks have committed to not only decarbonize their portfolios but to adopt a transparent and rigorous short-term strategy that ensures they meet that 2050 target. “Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

Net Zero 246