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Report details increased diversity of climate litigation since the ParisAgreement, leading to indirect impacts on corporate decision-making regardless of courtroom success.
Mon, 09/28/2020 - 01:30. Reaching the 2015 ParisAgreement goals requires bold action from all sectors and levels of our society. In this refreshed, robust definition, a strategy for “Net-Zero” greenhouse gas emissions can earn its capital letters if it is: Fully-scoped , Science-based , ParisAgreement-compliant and Cumulative.
One of the key outcomes of the conference was an agreement on the creation of a New Collective Quantified Goal on Climate Finance (NCQG), aimed at aligning global financial flows with the objectives of the ParisAgreement, with nations agreeing that climate financing for developing nations should reach at least $1.3
Tue, 10/13/2020 - 00:46. 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 ParisAgreement's Capital Transition Assessment Tool (PACTA). Cecilia Keating.
Mon, 10/12/2020 - 00:15. If 2020 has shown us anything it is the interconnectedness of the challenges that we face. Coca-Cola on board with emphasizing human impact. Heather Clancy. The importance of setting science-based corporate strategies to address climate change is irrefutable. Is your CEO personally committed?
Fri, 12/11/2020 - 01:45. billion in alternative proteins during 2020, according to the latest data from the Good Food Institute. When experts at CDP, a nonprofit that tracks sustainability commitments, surveyed 479 food and ag companies , only 75 reported having emissions commitments in line with the ParisAgreement.
Join us for a conversation about the power of companies (big and small) coming together to tackle the climate crisis, and hear why Global Optimism and Amazon co-founded The Climate Pledge—a bold commitment to become net zero carbon by 2040—10 years ahead of the ParisAgreement. . Thu, 08/20/2020 - 08:42. Thu, 09/24/2020 - 10:00.
Thu, 10/29/2020 - 00:10. are facing growing pressure to clean up their lobbying activity, with a host of institutional investors this week issuing an urgent call to 47 of the largest greenhouse gas emitters to disclose how their corporate advocacy aligns with the most ambitious climate goals of the ParisAgreement.
Mon, 10/26/2020 - 00:05. percent of global greenhouse gas emissions, and has received flak over its failure to come up with a detailed, ambitious plan to decarbonize in line with the goals of the ParisAgreement. percent by 2020, and as such the OGCI has set a stricter goal of 0.2 Michael Holder. percent by 2025.
In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its Powering Progress strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.
trillion (all figures in US dollars) in financing for the worst climate offender, the fossil fuel industry, in the Global South since the ParisAgreement on climate change was enacted in 2016. It found that banks have provided an estimated $3.2 Together, that amounts to an average of $513 billion a year – or more than 20 times the $22.5
Tue, 09/01/2020 - 00:02. McKinsey & Company declared carbon neutrality in 2018 and has set emissions reductions in line with the ParisAgreement, including a 60 percent reduction in purchased energy by 2030 and by 90 percent by 2050. Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future. Heather Clancy.
Tue, 10/13/2020 - 01:40. For the first time, those organizations have the opportunity to verify their emissions reduction plans against the goals of the ParisAgreement. Are lawyers and accountants doing enough on climate change? Joel Makower. Follow the money, indeed. Corporate Strategy.
Achieving the transformational targets in the ParisAgreement and UN Sustainable Development Goals in this decisive decade requires all companies to truly embed ESG issues into the core of their business,” said Dave Armon, CEO of 3BL Media. Newsweek’s America’s Most Responsible Companies: 2022, 2021, 2020.
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.
Mon, 07/27/2020 - 00:15. environmental NGO Sierra Club, hailed the move as "a major step in the right direction" for Morgan Stanley, and said all banks claiming to support the goals of the ParisAgreement also should follow suit. Morgan Stanley will measure CO2 impact of loans and investments. Michael Holder.
Tue, 11/24/2020 - 00:40. Specifically, JPMorgan Chase announced in October that it would shape its financing portfolio in three key sectors to align with the ParisAgreement; three days later, HSBC announced its statement of net-zero ambition. Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments.
Mon, 09/28/2020 - 00:00. The sustainability manager saw this as an excellent starting point to set science-based targets for a reduction in emissions, with the targets reflecting the ParisAgreement and carbon reduction plans for countries in which the company did business. Steven Bullock.
Wed, 09/16/2020 - 01:30. Even with decarbonizing the electric and transportation sector, to reach long-term goals of the ParisAgreement, the United States would need an 80 percent reduction from 2005 levels in economy-wide emissions by 2050. Startup tackles decarbonizing industrial heat processes. Myisha Majumder.
Fri, 10/02/2020 - 00:30. We have the blueprints to make this happen, from the ParisAgreement to the United Nations Sustainable Development Goals, but we need people who can get us there. 7 roles to create sustainable success. Ellen Weinreb. As they say, a crisis is a terrible thing to waste.
clean energy sectors showed strong resilience in 2020, continuing a decade-long growth trend, BloombergNEF (BNEF) and the Business Council for Sustainable Energy (BCSE) find in their annual joint report. energy accelerated in 2020 and the benefits will be felt for years to come.”. Electricity Generation By Fuel Type in 2020.
Mon, 12/07/2020 - 01:45. HSBC is targeting net-zero in operations and supply chain by 2030; it also seeks to align its portfolio of investments with the ParisAgreement goal to achieve net-zero emissions by 2050. HSBC invests in world’s first ‘reef credit’ system. Jesse Klein.
Thu, 11/12/2020 - 02:03. We have to cut carbon emissions in line with the ParisAgreement, and we have to find new ways to think more in line with the circular economy," Furnes said. How the digital wave is contributing to the rise of sustainable fisheries. Myisha Majumder.
A laundry list of corporate pledges and climate solutions are on discussion boards here, and one message comes up again and again: there is no meeting ParisAgreement climate targets without halting forest loss. . It’s all part of the drum-beating prelude to the 27th UN climate summit taking place in Egypt this November.
Tue, 10/20/2020 - 00:15. Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the ParisAgreement in the first place. Green groups urge UN to raise climate ambition on global shipping.
Wed, 05/13/2020 - 02:57. year planning process, aren’t officially science-based targets but they are "more aggressive" than the 2 degrees Celsius reduction scenarios suggested by the ParisAgreement, according to ADM’s chief sustainability officer, Alison Taylor. Watch for ADM to pioneer biofuels, more carbon capture projects.
COP21 in 2015 produced the historic ParisAgreement, while last year’s COP28 brought agreement on the need to phase out the use of fossil fuels. As sport globally is increasingly affected by climate change, the IOC has taken a leading role in driving climate action among the sports community.
The Northern Lights project was launched in late 2020, as the transport and storage component of Longship, the Norwegian Government’s full-scale carbon capture and storage project.
Fri, 10/30/2020 - 00:10. She chats about JPMorgan Chase's new financing commitment aligned with the ParisAgreement, how it's helping clients with their carbon mitigation journeys, and its strategy for supporting stronger community resilience. . Episode 243: VERGE voices with Apple's Lisa Jackson, 350.org's org's Bill McKibben.
Thu, 06/25/2020 - 00:30. Since then, the asset manager backed two proposals at the annual general meetings of both Chevron and Exxon, related to the manner these companies conduct themselves in relation to ParisAgreement targets. Whether pandemic or climate crisis, you better get your data right. Paolo Natali. Why do this?
JPMorgan Chase announced that it has achieved carbon neutrality across its operations in 2020 and unveiled a new set of targets towards its goal to align its financing activities with the climate goals of the ParisAgreement. Read the full story at ESG Today. Read more →
Fri, 09/25/2020 - 01:00. From an emissions standpoint, Climate Week 2020 may go in the books as the greenest of all time. . Signatories agree to implement decarbonization strategies in line with the ParisAgreement. First stop: Climate commitments. Next stop: Climate action? Sarah Golden. Sessions and panels were virtual.
It equips them with a new tool to assess the level of issuers alignment with climate change mitigation, adaptation, and low-carbon transition objectives, which will be fundamental to contributing towards meeting the objectives of the ParisAgreement.”
International Olympic Committee news The Games are the first to be fully aligned with the International Olympic Committee (IOC)’s strategic roadmap, Olympic Agenda 2020, with sustainability and legacy driving every aspect of their planning and delivery.
Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the ParisAgreement. But not all GHG reductions are equal. Top Company Profile. Making the cut. BY Naomi Buck. Read article.
A group of 27 institutional investors representing more than $4 trillion in assets under management announced today that they have co-filed a shareholder resolution at Shell, urging the energy giant to set ParisAgreement-aligned medium-term target to reduce emissions arising from the use of its products.
The World Biogas Summit 2020 will open on 6 October with a keynote address by the Rt. David Newman, WBA President, said: “We are honoured to welcome Lord Deben to the World Biogas Summit 2020. ” world-biogas-summit.com The post SPONSORED CONTENT: CCC Chair to open World Biogas Summit 2020 first appeared on Envirotec.
By 2030, Euronext aims to reduce its Scope 1 and 2 market-based greenhouse gas emissions by 70% from a 2020 baseline, and Scope 3 travel emissions by at least 46.2% C compared to pre-industrial levels, as set out in the ParisAgreement. from a 2019 baseline.
Since its initial project phase, Olympic House has striven to meet the highest sustainability standards, in line with the IOC’s strategic roadmap Olympic Agenda 2020 and Olympic Agenda 2020+5. This has meant prioritising resource efficiency, circular economy, respectful integration into the local landscape and user comfort.
The launch of the new unit follows the release earlier this year by HSBC of its first Net Zero Transition Plan , outlining the global bank’s strategy to finance and support the transition to net zero, and to meet the climate goals it has set over the past few years.
return to the ParisAgreement , and on energy issues including the international energy response to the war in Ukraine. From 2017 through 2020, Nakagawa worked as Director of Climate Strategy for climate tech-focused private equity firm Princeville Capital.
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