Remove 2022 Remove Global Economy Remove Stranded Assets
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BP hits the brakes on transition away from fossil fuels

Corporate Knights

In 2022, BP invested US$4 billion (or 25% of its total investments, including capital expenditures and acquisitions) in renewables. This was an increase from the 19% of BP's investments that were classified as sustainable in 2021, according to Corporate Knights sustainable economy intelligence. But BP also invested $5.3

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CDP Adds Reporting on Plastic-Related Impact and Risks to Disclosure System

ESG Today

CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organizations’ performance in key environmental sustainability areas including climate change, deforestation, and water security. The new plastics module has been incorporated into CDP’s water security questionnaire.

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Current State of Water Stewardship Practices: Top 5 Questions Answered

3BL Media

The CDP Global Water Report (2020) informs us that, when it comes to water security, “The cost of inaction is five times the cost of action.”. CDP and Planet Tracker’s High and Dry: How Water Issues Are Stranding Assets , May 2022 report recognizes that “Water risk is already stranding assets across major sectors of the global economy.”.

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No Quick Fix to Europe’s Gas Dependency

Chris Hall

The EU only built 11GW of new wind farms in 2021, with plans to expand this by 18GW a year over the course of 2022-26, according to a report by WindEurope, a Brussels-based association. Increasing gas infrastructure must be avoided to avert dangerous climate impacts and stranded assets.”.

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

Together, the three industries emit close to 6 Gt of CO2 per year and are absolutely critical to limiting global warming to 1.5ºC. Sector transition strategies for concrete/cement, aluminum, trucking and chemicals will follow in 2022. and the European Union, now covers more than two-thirds of the global economy.

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