On the money: 8 takeaways from the 2020 GreenFin Summit
GreenBiz
FEBRUARY 10, 2020
The second annual event convened owners and managers of $22 trillion to discuss how capital markets could drive the global economy towards sustainability.
The State of Green Business 2021
GreenBiz
JANUARY 25, 2021
And then 2020 happened. To our immense satisfaction, we saw little carnage within corporate sustainability departments during 2020 relative to previous economic downturns, when such functions were often among the first to be downsized or jettisoned. And the year ahead certainly would bring more of the same. Or so we predicted.
Global Economy 
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Reputational Risks and Opportunities: Managing the Impacts of COVID-19 and Climate Change
GreenBiz
MAY 19, 2020
The COVID-19 pandemic has exposed the fragility of the global economy and its supply chains. Tue, 05/19/2020 - 09:49. Tue, 06/16/2020 - 10:00. - Tue, 06/16/2020 - 11:00. Reputational Risks and Opportunities: Managing the Impacts of COVID-19 and Climate Change. taylor flores. Sarah Golden. GreenBiz Group.
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Want To Boost the Global Economy by $10 Trillion?
3BL Media
FEBRUARY 16, 2024
Photo: CARE Peru Data from the Gates Foundation suggests that investing in the economic power of women like Fariha could boost the global economy by as much as $10 trillion by 2030 – twice the GDP of Japan, the world’s third largest economy. Elizabeth Vargas Vilca and her staff at her shoe manufacturing business.
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Global corporate clean energy purchasing up 18% in 2020
Renewable Energy World
JANUARY 27, 2021
GW of clean energy in 2020, up from 20.1GW in 2019 and 13.6GW in 2018, according to new research published by BloombergNEF (BNEF). The increase came despite a year devastated by the Covid-19 pandemic, a global recession and uncertainty about U.S. in 2020, down from 14.1 GW in 2020. Corporations purchased a record of 23.7
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BP hits the brakes on transition away from fossil fuels
Corporate Knights
FEBRUARY 14, 2023
When Bernard Looney became CEO of BP in 2020, he promised to reinvent the British oil major as a “leaner, faster-moving and lower-carbon company.” Last week, BP said it will cut its Scope 3 emissions by only 20% to 30% by the end of the decade – a significant reversal from its original 35% to 40% target announced in 2020.
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Sustainable investing is changing global supply chains: 4 key takeaways
GreenBiz
JANUARY 20, 2021
Indeed, in early 2020, J.P. Morgan Global Equity Research estimated that the sustainable investing market is expected to reach $45 trillion in assets under management (AUM) by the end of the year. In early 2020, TSMC and offshore-wind leader Ørsted signed the world’s largest renewables corporate power purchase agreement (PPA).
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Unilever sets $1.2B sales target for meat and dairy alternatives
GreenBiz
NOVEMBER 23, 2020
Mon, 11/23/2020 - 00:30. Unilever also announced plans to bring forward its goal of halving food waste from its global operations by five years to 2025, a move commended by Liz Goodwin, senior fellow and director of food loss and waste at the World Resources Institute. Unilever sets $1.2B sales target for meat and dairy alternatives.
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A new Swedish iron processing project could disrupt the global steel industry
GreenBiz
DECEMBER 17, 2020
A new Swedish iron processing project could disrupt the global steel industry. Thu, 12/17/2020 - 00:20. The leadership demonstrated by LKAB serves as a role model for the kind of outside-the-box and whole-systems thinking required for the global economy to decouple economic growth from greenhouse gas emissions.
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Why the Skills Mismatch Is a Global Challenge
3BL Media
OCTOBER 1, 2022
These unprecedented humanitarian challenges have negatively impacted education, leaving thousands of children and young adults in worse positions than before 2020. Climate-related disasters displaced three times more people than conflict and violence in 2020, jeopardizing education for millions of children.
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Costs of amphibian and reptile invasions exceeded US$ 17 billion between 1986 and 2020
Environmental News Bits
AUGUST 25, 2022
Invasions by amphibians and reptiles – when species spread beyond the regions they are native to – are estimated to have cost the global economy at least US$ 17.0 billion between 1986 and 2020, according to a study published in Scientific Reports.
HSBC is latest bank to pledge net-zero financed emissions by mid-century
GreenBiz
OCTOBER 13, 2020
Tue, 10/13/2020 - 00:46. 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. HSBC is latest bank to pledge net-zero financed emissions by mid-century. Cecilia Keating.
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Ambitious partnerships on climate action are taking root and bearing fruit
GreenBiz
JANUARY 25, 2021
Buried beneath the dour daily headlines on COVID-19 infections, lockdowns and travel bans, the latest science about our planet released during 2020 makes for tough reading. Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climate change sadly has not slowed down this past year.
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Is sustainability undergoing a pandemic pause?
GreenBiz
JUNE 1, 2020
Mon, 06/01/2020 - 00:00. When more than 190,000 humans died of COVID-19 globally, nearly five times the number one month earlier, and more than 20 million Americans lost their jobs. When the global economy essentially sank like a stone as people world over sheltered in place. Is sustainability undergoing a pandemic pause?
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Sustainable infrastructure investments can aid the post-COVID recovery
GreenBiz
MAY 5, 2020
Tue, 05/05/2020 - 04:23. The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the global economy. Before the shovels hit the dirt, it's worth understanding how the world of 2020 is different from the world of 2008. Katherine Davisson.
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What role does ESG play in the 'new normal'?
GreenBiz
JULY 6, 2020
Mon, 07/06/2020 - 01:25. In recent weeks and months, as many of us have "sheltered in place" in the face of a global pandemic, each of us has come to grips with a valuable reminder of what’s truly important: family, friends and colleagues; security and safety; food and water; healthcare. What role does ESG play in the 'new normal'?
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Nature takes root on the balance sheet
GreenBiz
MARCH 8, 2021
This will have a tremendous impact on nature that, in turn, will affect businesses and the global economy. The Financial Stability Board recognized that climate change presents a financial risk to the global economy. If the focus remains narrow, however, all other patterns of consumption will stay the same.
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SAP Appoints Sophia Mendelsohn as Chief Sustainability and Commercial Officer
ESG Today
SEPTEMBER 4, 2023
Mendelsohn joins SAP after serving as Chief Sustainability Officer and Global Head of ESG at professional services firm Cognizant. Prior to joining Cognizant in 2020, she held a variety of sustainability-related positions at JetBlue, including serving as the airline’s Chief Sustainability Officer and as Head of Sustainability and ESG.
How the climate crisis will crash the economy
GreenBiz
SEPTEMBER 14, 2020
How the climate crisis will crash the economy. Mon, 09/14/2020 - 02:11. This was hardly the first expression of concern about the potentially devastating economic impacts of climate change on companies, markets, nations and the global economy. Joel Makower. The chickens are coming home to roost.
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China’s new frontier for VOC regulations
GreenBiz
MARCH 23, 2021
As the global economy reawakens after the COVID-19 shutdown, air emissions and VOC enforcement in China remain a hot topic. China’s new frontier for VOC regulations. Shuying Xu. Tue, 03/23/2021 - 01:15. Volatile organic compounds (VOCs) combine with nitrogen oxide to create ozone, a key precursor to smog.
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DP World Callao Receives Corporate Diversity Award for 2024
3BL Media
OCTOBER 15, 2024
Their Corporate Diversity Awards, launched in 2020, recognize excellence in organizations that cultivate diversity among their workforces. DP World Callao is a leading provider of intelligent logistics solutions in Perú, and its dedication to diversity is aligned with DP World’s global initiatives.
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Beyond emissions: The life of a carbon molecule
GreenBiz
OCTOBER 12, 2020
Mon, 10/12/2020 - 01:30. But carbon is also moving constantly through the global economy, which historically has been powered by burning fossil fuels for energy. Beyond emissions: The life of a carbon molecule. David Parham. Carbon is everywhere.
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Deutsche Bank Issues Inaugural €500 Million Social Bond
ESG Today
JULY 4, 2024
In a post announcing the new issuance, Deutsche Bank said: “With this milestone, we expand our ESG issuance programme, which began in 2020 with our first green bond issuance.
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Where there's hope for speeding up business action on plastics
GreenBiz
AUGUST 26, 2020
Wed, 08/26/2020 - 02:01. In 10 short years, the Ellen MacArthur Foundation (EMF) arguably has done more than any other group to define and advance the circular economy. It’s a global economy-wide issue but the fact that it is everywhere should inspire us to action. Elsa Wenzel.
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Morgan Stanley Softens Climate Targets
ESG Today
OCTOBER 28, 2024
Morgan Stanley revealed the introduction of a new range-based approach to its financed emissions reduction targets, introducing a new lower band to reflect the fact that the global economy and policy is not currently on track to with the ambition to limit the global temperature increase to 1.5°C C above preindustrial levels.”
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It’s time to put people first
GreenBiz
JUNE 12, 2020
Fri, 06/12/2020 - 02:00. Between a selfish free-for-all in which we ignore the fate of the losers, and a future in which the strong and successful accept their responsibilities, showing global vision and leadership. It’s time to put people first. Lise Kingo. The organization's new leader, Sanda Ojiambo, begins June 17.
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20 must-read books about food systems
GreenBiz
JULY 10, 2020
Fri, 07/10/2020 - 00:50. With record high unemployment , a reeling global economy and concerns of food shortages , the world as we know it is changing. 20 must-read books about food systems. Danielle Nierenberg.
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Six Decades of Dedication: MARY KAY Releases In-Depth Report in Critical Areas of Sustainability
3BL Media
NOVEMBER 13, 2023
In a world that is rapidly evolving, Mary Kay stands at the forefront of change, championing the cause of women while recognizing the immense power they hold in shaping our global economy and driving meaningful change in sustainability efforts. To learn more about Mary Kay’s global sustainability strategy, click here.
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Turning the economy we have into the just and inclusive economy we want
GreenBiz
MARCH 10, 2021
The Ceres Roadmap 2030 details the steps companies can take to build a just and inclusive economy, stabilize the climate and protect water and natural resources in order to address the systemic threats most likely to disrupt the global economy in the coming decade.
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Following the money: A sustainable finance odyssey
GreenBiz
DECEMBER 8, 2020
Tue, 12/08/2020 - 02:11. Sustainable finance is a way of deploying investment capital to create sustainable outcomes at a societal and economy-wide level.". Following the money: A sustainable finance odyssey. Joel Makower. I’ve been following the money this past week. The occasion, as you may have guessed, was our announcement Nov.
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MUFG Invests in Sustainable Aviation Fuel Technology Company LanzaJet
ESG Today
JUNE 26, 2024
Jimmy Samartzis, Chief Executive Officer of LanzaJet said: “We continue to build a leading team of investors along the SAF value chain who believe in LanzaJet’s ability to decarbonize aviation, which will both address climate change and enable the global economy.
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Green groups urge UN to raise climate ambition on global shipping
GreenBiz
OCTOBER 20, 2020
Green groups urge UN to raise climate ambition on global shipping. Tue, 10/20/2020 - 00:15. The global shipping industry's decarbonization efforts once again face stormy seas. Cecilia Keating.
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People, Passion, Planet: Mary Kay Releases 2024 Sustainability Report
3BL Media
JULY 23, 2024
In a world that is rapidly evolving, Mary Kay stands at the forefront of change, championing the cause of women while recognizing the immense power they hold in shaping our global economy and driving meaningful change. Economic Sustainability Celebrating 60 years: Mary Kay Ash’s vision of enriching women’s lives continues.
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Libra Group Announces New Chief Sustainability Officer
3BL Media
MAY 27, 2022
From 2019 to 2020, she was Head of Business Development for Genesia, leading the company’s expansion into Colombia, Peru and Uruguay. She returned to the Libra Group in 2020 as an advisor to the Executive Team. The Group is predominantly active in six sectors, including several vital to the global economy.
HP Puts a Big Bet on Sustainable Impact as a Competitive Edge
3BL Media
OCTOBER 20, 2023
According to recent Harvard Law School research, the vast majority of S&P 500 companies are now tying executive compensation to some form of ESG performance: 66 percent of S&P companies did so in 2020, a figure that increased to 73 percent by 2021. Why are firms making this part of their governance strategies?
Business Leaders Urge G7 to Ramp Carbon Price, Set Policies Enabling Private Market Investment in Climate Action
ESG Today
JUNE 27, 2022
A group of CEOs from leading companies and financial institutions issued a call upon G7 governments to institute policies and practices enabling private sector capital mobilization for investment in the transition to a low carbon global economy.
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Health Tech in 2022
3BL Media
FEBRUARY 23, 2022
billion in 2020 and is expected to reach $94.32 So, you can see how advances in healthcare technology drive a virtuous cycle in the economy. In short, Abbott’s technology can help people live longer, more productive lives — to the benefit of all of us who participate in the global economy. billion by 2026.
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DP World’s Commitment to a Greener Future in Ecuador
3BL Media
FEBRUARY 20, 2024
Trade is the global economy's lifeblood, with maritime transport at its core. But the carbon footprint of port operations and shipping is substantial, with shipping accounting for nearly 3% of global greenhouse gas emissions , according to the Organisation for Economic Co-operation and Development (OECD).
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Truist Commits $1.45 Million to Junior Achievement of Greater Washington in Support of Financial Literacy
3BL Media
AUGUST 25, 2022
"JA Finance Park's success is a testament to the public-private venture model that brings together businesses and school systems to prepare our local students to succeed in a global economy. JAGW inspires and prepares young people to succeed in a global economy.
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Cisco’s Sustainability 101: What Is the Circular Economy?
3BL Media
DECEMBER 7, 2023
The 2023 edition of the Circularity Gap Report , an annual study of circularity adoption worldwide by Circle Economy, states that the global economy increasingly relies on materials from virgin sources. The authors estimate that the global economy is only about 7.2% circular, down from 9.1% In that same year, 4.9
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147 Are we on the cusp of the 'Age of Freedom'?
GreenBiz
JULY 23, 2020
Thu, 07/23/2020 - 01:00. Rethinking Humanity " makes the case that the convergence of key technologies is about to disrupt the five foundational sectors that underpin the global economy, and with them every major industry in the world. . Are we on the cusp of the 'Age of Freedom'? Shana Rappaport. Super heady stuff, to be sure.
Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020
GreenBiz
MARCH 26, 2021
Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climate change and the ongoing practices of the world's leading banks. Cecilia Keating. Fri, 03/26/2021 - 00:05.
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Tetra Pak Commits to Taking Action for Nature
3BL Media
MAY 21, 2024
The approach aligns with global targets, including those outlined in the Biodiversity Plan that calls for action to halt biodiversity loss and put nature on a path to recovery for the benefit of all life on earth.
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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history
Envirotec Magazine
MARCH 30, 2020
This forecast will undoubtedly be impacted by the ongoing COVID-19 pandemic, due to disruptions to global supply chains and project execution in 2020. However, it is too soon to predict the extent of the virus’s impact on the wider global economy and energy markets.
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