ESG Today

MARCH 14, 2024

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its “Powering Progress” strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

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Sphera

APRIL 21, 2022

In 2016 the earth’s average temperature was the warmest since recordkeeping began in 1880. 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. Net-zero targets.

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Chris Hall

JUNE 22, 2022

The United Nations has intensified scrutiny of financial institutions, with its Race to Zero (RTZ) campaign issuing tougher criteria and Secretary General Antonio Guterres saying fossil fuel companies and those that finance them “have humanity by the throat.” . The picture is mixed across the industry and within sectors.

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3BL Media

AUGUST 31, 2022

degrees Celsius by 2050 in line with the Paris Agreement. Many agri-food companies and retailers, whose bulk of Scope 3 emissions occur on farms, are making public commitments to reach net zero by 2050. There is increasing recognition that we must keep global warming within 1.5

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3BL Media

SEPTEMBER 1, 2022

Climate neutrality is the concept of achieving net zero greenhouse gas emissions by balancing the emissions human sources release into the Earth’s atmosphere with the amount the planet naturally absorbs in emission “sinks,” like forests and oceans, via a process called sequestration. Your business can help. It matters to stakeholders.

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We Mean Business Coalition

JUNE 13, 2024

Instead, finance ministers and central bank governors agreed only a menu of policy options for a just transition to net zero emissions. And as early as 2016, the G7 set itself a deadline to eliminate inefficient fossil fuel subsides “by 2025 or sooner” But those deadlines are swiftly approaching.

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Chris Hall

FEBRUARY 14, 2022

Banks could face a stormy AGM season, driven by investor concern over their ongoing financial support for oil and gas firms, which are already braced for a slew of shareholder proposals demanding greater transparency over their net zero transition plans. Among the banks targeted are JP Morgan, Bank of America and Citi.

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Chris Hall

SEPTEMBER 18, 2023

Research will span the introduction of the Paris Agreement in 2016 to the conclusion of the 2023 proxy season, with the aim of comparing the voting patterns of asset owners and managers.

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Envirotec Magazine

AUGUST 2, 2023

Soletair Power (Finland) has developed a seemingly unique solution for extracting carbon dioxide (CO2) from building ventilation systems to help achieve carbon net zero and even carbon negative building projects. Soletair Power is currently working on several projects to create carbon net zero buildings.

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Chris Hall

MAY 2, 2024

billion in 2016-18 to US$14 billion in 2019-21. Blended finance is seen as a vital tool to contribute the capital flows needed to fulfil both these and the Paris Agreement goals. Cards on the table Despite the significant growth observed in the blended finance market, there remain areas for improvement.

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We Mean Business Coalition

APRIL 13, 2022

But with the world still off-track to achieve the Paris Agreement, should governments intervene? However, with more than 90% of global GDP now covered by net-zero targets set nationally or regionally, this change may well come in the not-too-distant future. Exceeding 1.5C But it’s clearly not enough. “We

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Stanford Social Innovation

APRIL 6, 2022

From 2016 to 2020, known foundation funding to climate mitigation nearly doubled, from 1 billion dollars to 1.9 As crisis after crisis sends government off course, philanthropy can hold a stable heading, guided by the North Star of the most advanced net-zero modeling. billion, an important and praiseworthy increase.

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Corporate Knights

JANUARY 21, 2022

Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. “We Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

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Chris Hall

AUGUST 2, 2023

Sustainable aviation fuels (SAFs) are widely seen as playing a central role in the transition to a low-carbon aviation industry, itself regarded as a key element of the global economy’s net zero trajectory. The aviation sector’s overall global environmental contribution is 2.5% of carbon emissions and 3.5%

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GreenBiz

JANUARY 11, 2021

Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. Working under group CEO Roberto Marquez, João Paulo Ferreira’s Latin America CEO position has overseen the heart of the original business since 2016. million acres the 4.4 million acres it protects in the Amazon.

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Corporate Knights

MAY 14, 2024

trillion in financing to the fossil fuel industry in the eight years since the Paris Agreement was signed, according to a comprehensive new report. trillion in financing for new fossil fuel expansion projects, investments that put the net-zero goal of the Paris Agreement in jeopardy. This sum includes US$3.3

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Corporate Knights

FEBRUARY 10, 2023

According to a new report, just 7% of bank funding has gone towards renewable energy between 2016 and 2022 , while the world’s banks continued to plow trillions of dollars into fossil fuel expansion. “The total amounts of clean energy financing in these years remained abysmally low: US$23.2 billion in 2016 and $34.5

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Chris Hall

MAY 31, 2024

billion of the total – three times the 2016 level. But measures to support the goals of the Paris Agreement must now sit alongside those needed to realise the objectives of the Global Biodiversity Framework (GBF). Importantly, adaptation finance accounted for US$32.4 In that respect, the picture is still somewhat mixed.

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3BL Media

NOVEMBER 29, 2023

Currently, more than 40% of the world’s largest publicly traded companies have made net-zero commitments as of the end of 2022, up from 20% in December 2020 5. However, only 50% of companies with net-zero targets were found to have a GHG emissions reduction plan that includes intermediate targets 6.

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Chris Hall

NOVEMBER 23, 2022

According to the International Energy Agency (IEA), US$4 trillion needs to be invested in renewable energy globally every year by 2030 to achieve net zero by 2050. However, progress in some areas was limited by compromise in others, resulting in a disappointing final text issued in the early hours of Sunday morning. .

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Chris Hall

MARCH 23, 2022

What are Australia’s stated net zero goals? Australia adopted an economy-wide target of net zero emissions by 2050 in the run-up to COP26. Climate Action Tracker (CAT) argues that Australia does not have a net zero target, arguing the federal government’s mid-century goal is not backed up by concrete commitments.

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Stanford Social Innovation

FEBRUARY 27, 2024

This proved true in 2016 when both Brazil and the United States elected Presidents opposed to climate action. INETTT members in Indonesia, South Africa, and Vietnam met to share lessons from their country’s Just Energy Transition Partnerships—multilateral funding agreements for the net-zero energy transition.

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Chris Hall

FEBRUARY 14, 2023

Buffeted by critics on both sides, finance sector alliances may need to refresh their tactics to progress toward net zero goals in 2023. This time last year BP was in receipt of numerous plaudits for accelerating its net zero transition plans.

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Chris Hall

SEPTEMBER 14, 2022

New sheriffs have set up shop and are drawing up rules on both the supply and demand side of voluntary markets, which may eventually be reinforced by regulation introduced by policymakers in line with Article 6 of the Paris Agreement. . “At

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Chris Hall

JULY 20, 2022

report acknowledged that the Paris Agreement and the UN Sustainable Development Goals (SDGs) can only be achieved via collaboration between developed and emerging market stakeholders, across governments, investors, multilateral organisations and local communities. . In April, a Principles for Responsible Investment (PRI) ?

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Corporate Knights

FEBRUARY 23, 2023

In 2016, things seemed somewhat dire for the clean energy transition. The election of Donald Trump meant the United States would soon pull out of the Paris Agreement. While we’ve made great progress since 2016, we need to go further faster. dollars.

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Sustainability Update

OCTOBER 31, 2021

The United States of America was [then] prominent among leading economies of the world at the Paris gathering, signaling the intention to play a significant role in addressing climate change matters. In fact, the final agreement was signed in New York City on Earth Day in April 2016. The Paris climate pact is 5 years old.

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Chris Hall

DECEMBER 15, 2023

Furthermore, the war in Ukraine, with its consequential interruption of energy supplies, could be used by some lobbyists to suggest that net zero was now a luxury that could no longer be afforded. Organisers say: “Where there is misalignment with the goals of the Paris Agreement, corrective action should be taken.”

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Chris Hall

NOVEMBER 20, 2024

From the potential rollback of climate policies, to fears of a hostile environment for sustainable investing, to threats of the US leaving the Paris Agreement once more – speculation has been rife. The reelection of Donald Trump to the US presidential office will have sent shivers down many an ESG investor’s spine.

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GreenBiz

NOVEMBER 17, 2020

Net zero target for the U.S.: Returning to the Paris Agreement will happen Jan. should commit to a net-zero target the way that the European Union, China, Japan, South Korea and others — including many U.S. businesses and which has been seriously damaged since 2016. Paris Agreement.

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Richard Matthews

JANUARY 4, 2022

The letter also seeks a net-zero electricity grid by 2035, a 50 percent target for electric vehicle sales by 2030, and a renewed commitment to international climate finance. The final agreement requests parties to come to COP27 next year in Egypt with updated plans on how to slash greenhouse gas emissions by 2030.

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