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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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Burberry’s Net Zero Emissions Goals Approved by SBTi

ESG Today

Luxury brand Burberry announced today that its climate goals have been approved by the Science-Based Targets Initiative (SBTi) as meeting the criteria to keep global warming to 1.5°C C in line with the Paris Agreement. C warming ambition, as required to avoid the worst impacts of climate change.

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Climate Action 100+ Net Zero Company Benchmark Shows an Increase in Company Net Zero Commitments, but Much More Urgent Action Is Needed to Align With a 1.5°C Future

3BL Media

DESCRIPTION: While 69% of focus companies have set commitments to achieve net zero emissions by 2050 or sooner, overall Benchmark finds companies have failed to show progress across key indicators, including disclosure of 1.5°C-aligned To reflect the pace of change required to limit global warming to 1.5°C SOURCE: Ceres.

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Tapestry's Approach to Climate Change

3BL Media

DESCRIPTION: As one of the world’s greatest challenges and global disrupters, climate change impacts us all. Tapestry and our brands are responding to the urgent call for collective action and doing our part to mitigate climate-related risks to our business, our people and the communities where we live and work.

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Racing to Net-Zero: A Captivating but Distant Ambition

Stanford Social Innovation

More recently, companies such as Microsoft and Swiss Re have been drawn to CDR as a way to more credibly meet their net-zero goals. 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.

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Zerolytics to Track CA100+ Firms’ Transitions

Chris Hall

Norwegian tech company Zerolytics is preparing to launch a platform offering forward-looking indicators to assess the credibility of Climate Action 100+ (CA100+) focus companies ’ net zero transition plans. They can also offer an evaluation of the financial effects of various scenarios and decisions.