Remove 2017 Remove Carbon Offsets Remove Paris Agreement
article thumbnail

HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

While the pledge provides limited detail on the measures it will take to slash the carbon emissions of its portfolio or operations, the bank said it would establish "clear, measurable pathways" to net-zero using the Paris Agreement's Capital Transition Assessment Tool (PACTA). Pull Quote. Finance & Investing.

Net Zero 402
article thumbnail

20 C-suite sustainability champions for 2021

GreenBiz

Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbon offsets. The company cleaned up in sales, and it’s going on an advertising offense.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Racing to Net-Zero: A Captivating but Distant Ambition

Stanford Social Innovation

The reasoning is simple: A traditional carbon offset only prevents additional CO 2 from entering the atmosphere (instead of removing already-emitted CO 2 ). As a result, since it does not physically undo the emissions of the purchaser, there is no quantity of traditional offsets that can, at scale, get the world to net-zero.

Net Zero 106
article thumbnail

Keeping on the Straight and Narrow

Chris Hall

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . C of global warming promised by signatories of the Paris Agreement. . Throwing down the gauntlet