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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.

Net Zero 402
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O-I Glass Announces New Ambitious 2030 Sustainability Goals

3BL Media

Now, were taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals. Even as O-I focuses on radically reducing enterprise costs, were raising the bar with updated sustainability targets for 2030, with 2019 as the baseline year. degree pathway.

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3M Achieves Science Based Targets initiative Validation, Strengthening Commitment to Decarbonization and Customer Innovation

3BL Media

C trajectory of the Paris Agreement. This milestone reaffirms 3M’s ongoing commitment to climate action, decarbonization of its operations and portfolio of products and continual innovation on behalf of customers around the world   “3M has a long history of reducing its greenhouse gas emissions.

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Climate policy survives the EU election – for now

Corporate Knights

The Greens, who lost 19 seats to return to their pre-2019 size, also look likely to support the conservative EPP, ensuring a comfortable majority. This is the most cost-effective way to ensure energy security, autonomy, competitiveness and decarbonization.” She did promise not to take France out of the Paris Agreement, at least.

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Dutch Central Bank to Align Equity and Corporate Bond Portfolios with Paris Agreement Goals

ESG Today

De Nederlandsche Bank (DNB), the central bank of the Netherlands, announced today a new commitment to align its reserves, including its investments in equities and corporate bonds with the Paris Agreement. degrees Celsius compared to pre-industrial levels.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite this significant drop from 2019 to 2020, the overall trend of the last five years is one heading definitively in the wrong direction," the report states. trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates. Decarbonization. Finance & Investing.

Net Zero 398
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20 C-suite sustainability champions for 2021

GreenBiz

The next frontier is "connected chemistry," extending the internet of things to "the internet of natural resources," Beck said in 2019. In 2019, it issued a $1 billion sustainability bond , the first corporation to do so. By 2019, the company counted more than a billion total rides, with 2 million annual drivers in more than 650 U.S.