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

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

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

3BL Media

Updated and more ambitious Benchmark used to assess focus companies on their net zero transition plans. Benchmark assessments are a cornerstone of Climate Action 100+ and are intended to help inform investors’ engagement strategies and wider public debate. C remains possible due to the growth of clean energy technologies.

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$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.

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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. It is also working to introduce net-zero emissions ships in U.K.

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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.

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This Week’s People Moves: New Investment Director for OnePlanetCapital

Chris Hall

Anthony Chant has been appointed as Investment Director at OnePlanetCapital , the climate change focused early-stage venture capital fund. We know that unprecedented change is required to our global economy. Faull first joined Marsh has Head of Strategic Risk Consulting for the UK and Ireland in 2017.

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Climate Action 100+ Shifts Focus to Implementation of Climate Transition Plans for Major Emitters

ESG Today

Climate-focused investor engagement network Climate Action 100+ (CA100+) announced the launch of its “Phase Two,” shifting the focus of its actions towards the implementation of climate transition plans by major greenhouse gas emitting companies. Additionally, the new phase utilizes an enhanced Net Zero Company Benchmark.

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