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Could the video game industry be key to levelling up on climate action?

Corporate Knights

Many of the large tech companies that manufacture games and consoles, such as Microsoft, Apple and Google, have committed to reaching net-zero by 2030. Sony has pledged to be net-zero by 2040, and Activision says it will reach that target by 2050. Other companies have less ambitious targets.

UNEP 261
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Time for a fair phase out of fossil fuels

Corporate Knights

C above pre-industrial levels, according to the United Nations Environment Programme (UNEP). Retiring coal power plants early will, in 2025, cost an estimated US$164 billion, according to research from American non-profit RMI – a small price to pay when climate disaster damages topped US$210 billion worldwide in 2020 alone.

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Take-off for the Net Zero Transition  

Chris Hall

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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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

C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On. 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. Zeroing in on net zero.

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The ESG Interview: Dancing into the Mainstream

Chris Hall

This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. For example, the Net Zero Asset Owners Alliance is not led by sustainability teams, it’s typically CIOs who are driving it.”.

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The ESG Interview: From Ground Level to Board Level

Chris Hall

Jessica Smith, Nature Lead at the UNEP FI, says it’s time for biodiversity to take its place alongside climate in investor priorities. There have been trillions of dollars committed to climate change as part of the Global Financial Alliance to Net Zero ; now we want to recreate that commitment and momentum for biodiversity.”.

UNEP 98
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New Report Highlights U.S. Insurance Sector's Efforts in Addressing Climate Change Risk

3BL Media

It spurs action on climate change as a systemic financial risk—driving the large-scale behavior and systems change needed to achieve a net zero emissions economy through key financial actors including investors, banks, and insurers. ET Thursday, July 27.