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Shareholders Call on Shell to Explain Consistency of Plans to Grow LNG Production with its Net Zero Goals

ESG Today

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.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. and LONDON, July 29, 2022 /3BL Media/ - AllianceBernstein L.P. (“AB”) degree Celsius pathway by 2050, in support of the Paris Agreement. Our net zero strategy addresses both the corporate and investment levels.

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First in Flight: American Airlines Is Leading the Airline Industry on a Science-Based Journey to Net-Zero Emissions

3BL Media

DESCRIPTION: FORT WORTH, Texas, April 22, 2022 /3BL Media/ - Last summer, American Airlines made a public commitment to develop a science-based, intermediate target for reducing greenhouse gas (GHG) emissions — the first airline in North America to do so. KEYWORDS: NASDAQ:AAL, American Airlines, Net Zero. What this means.

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The Consumer Goods Forum Launches the "Net Zero Playbook For Consumer Industries", in Collaboration With Accenture

3BL Media

DESCRIPTION: PARIS and SHARM EL-SHEIKH, Egypt, November 10, 2022 /3BL Media/ — The Consumer Goods Forum (CGF) has launched the Net Zero Playbook for Consumer Industries in collaboration with its members, Accenture and the Race to Zero. Click here to access the Net Zero Playbook for Consumer Industries. # # #.

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OECD Warns of Climate-alignment “Blind Spot”

Chris Hall

The OECD report analysed how the climate alignment of finance globally is assessed, the current degree of alignment, and how financial sector and real economy policies and actions influence alignment with Article 2.1c By 2023, 77 countries had adopted climate-related transparency and information policies, like environmental taxonomies.

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Climate Action 100+ Net Zero Company Benchmark Shows Continued Progress on Ambition Contrasted by a Lack of Detailed Plans of Action

3BL Media

Updated and more ambitious Benchmark used to assess focus companies on their net zero transition plans. The results show that most focus companies are not moving fast enough to align with the goals of the Paris Agreement and reduce investors’ risk. C remains possible due to the growth of clean energy technologies.

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BP hits the brakes on transition away from fossil fuels

Corporate Knights

The company was one of the first oil majors to commit to being net-zero in 2050 and was showing signs it was open to speeding up its transition to a low-carbon future. The company is still committed to being net-zero by 2050, but observers say it’s a lot harder to see a pathway to reach such a goal without a stronger target for 2030.

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