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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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7 Companies Leading the Net Zero Energy Revolution

3BL Media

DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. C commitment and 7,126 companies have joined the Race to Zero. SOURCE: Antea Group.

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B Lab Forms New Partnerships to Help Scale Credible Business Transitions to Net Zero

B the Change

(Photo by Elena Mozhvilo on Unsplash ) Scaling Impact and Strengthening Accountability Toward Net Zero Through the B Corp Climate Collective Brigitta Nemes, Senior Manager Environmental Standards at B Lab Global, shares her reflections on a new direction for the B Corp Climate Collective’s work on net zero.

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A new year’s resolution for federal pension funds: Stop financing fossil fuels

Corporate Knights

In early December, Canada announced it would implement the Glasgow Statement , a multilateral commitment signed at last year’s COP26 to end international public financing for fossil fuels by the end of 2022 and fully prioritize the clean energy transition. Between 2016 and 2019, EDC provided an average of $10.6 billion in 2020.

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Majority of companies to miss net-zero targets, analysis shows

Envirotec Magazine

Corporate commitments to net-zero accelerated over the last two years, with almost one-third (30%) of Europe’s largest listed companies now having pledged to reach net-zero by 2050, according to a new study by consultancy firm Accenture. And as our study shows, the targets work.

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Singapore to Ramp Climate Goals at COP27, Launches National Hydrogen Strategy

ESG Today

Singapore plans to submit a more ambitious emissions reduction goal at the upcoming COP27 climate conference in November, according to Deputy Prime Minister Lawrence Wong, as part of a strengthened commitment to achieve net zero by 2050. Wong said: “As you can see, our net zero path is not an easy one.

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Updated climate commitments ahead of COP26 summit fall far short, but net zero pledges provide hope, says UNEP report

Envirotec Magazine

Released ahead of the UN Climate Change Conference (COP26), the latest round of climate talks taking place in Glasgow, the report finds that net zero pledges could make a big difference. However, net zero pledges are still vague, incomplete in many cases, and inconsistent with most 2030 NDCs. per cent in 2020.