article thumbnail

$29 Trillion Investor Group Urges High Impact Companies to Disclose on Environmental Impact

ESG Today

A group of nearly 300 financial institutions representing almost $29 trillion in assets are urging some of the world’s highest impact companies, including Exxon, Chevron and Caterpillar, to disclose environmental data on themes including climate change, water and forests, through the CDP environmental disclosure platform.

CDP 118
article thumbnail

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

GreenBiz

In an open letter to its clients, HSBC CEO Noel Quinn said the bank had been motivated to ramp up its environmental ambition by customer concern about climate change. "We We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.".

Net Zero 475
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. These leaders understood the direct linkage between climate change and financial risk. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla.

CDP 325
article thumbnail

Climate Action 100+ Net Zero Company Benchmark Shows Continued Progress on Ambition Contrasted by a Lack of Detailed Plans of Action

3BL Media

Benchmark assessments are a cornerstone of Climate Action 100+ and are intended to help inform investors’ engagement strategies and wider public debate. This information is vital if we are to meet our global and local climate goals and curb the significant risk of loss from climate change, and the energy transition, today.”

Net Zero 147
article thumbnail

Sustainable infrastructure investments can aid the post-COVID recovery

GreenBiz

The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the global economy. Many are considering a tried-and-true method to boost economies in the short term and provide wide societal benefits in the long term: infrastructure investment.

Shipping 458
article thumbnail

Green groups urge UN to raise climate ambition on global shipping

GreenBiz

With more than one quarter of the global economy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. Climate Change. Shipping & Logistics. Corporate Strategy. Sustainable Shipping.

Shipping 487
article thumbnail

Two Pillars for a Sustainable Dialogue

Chris Hall

During lockdown, the global economy was disrupted so severely that it triggered a shift in mindset among business leaders to recognise the importance of ESG issues in creating a more resilient future. “ When I attended COP25 (Madrid) in 2019, there was talk of the climate crisis, but there was not a lot of urgency,” she says.