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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future. Tue, 09/01/2020 - 00:02. Beyond 2030, BCG aspires to be "climatepositive" — by removing more carbon dioxide emissions from the atmosphere on an ongoing basis than it actually emits through its own activities. Heather Clancy.
The big stories of 2020 were not just about a pandemic, a reckoning on racial justice, an economic calamity and the ever-imminent rise of climate change impacts. Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. Elsa Wenzel.
Burberry has strengthened its resolve to be climatepositive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climatepositive target last June, which will place the company ten years ahead of the 1.5C pathway laid out in the ParisAgreement.
A key factor in meeting demand for climate-positive investment could be the growth of climate-aligned bonds. The Climate Bonds Initiative estimated the size of the non-ESG labelled climate-aligned bond market at more than US$900 billion in 2020. “If billion), having almost doubled 2020 volumes.
Tue, 11/17/2020 - 02:11. For example, companies may refer to becoming "carbon negative" or "climatepositive"; or that they seek to achieve "net-zero" or "net-negative" emissions or "deep decarbonization"; or that they plan to become "emissions-free" or achieve "zero emissions"; or that they are committed to a "1.5 Joel Makower.
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