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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

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.

Net Zero 402
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BP hits the brakes on transition away from fossil fuels

Corporate Knights

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.

Net Zero 338
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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

A new Swedish iron processing project could disrupt the global steel industry. Thu, 12/17/2020 - 00:20. Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

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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Morgan Stanley Softens Climate Targets

ESG Today

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.”

Net Zero 119
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Inogen Alliance Presence at COP28: Panel Discussion Side Event, 4 December in the Blue Zone

3BL Media

This event will delve into the means and examples of how to access funding by GCF and the critical role of ESG principles in shaping investment decisions and financial mechanisms to combat climate change and foster a more sustainable global economy. Aslanbayli has previously worked with the I.C.E.

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COP27: A Breakthrough for People and Planet

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015) where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into this year’s landmark developments and future prospects. Currently, humanity uses the equivalent of 1.7