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Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I Energy Information Administration.
Clean200 data show that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as all other revenues over the past five years. trillion in sustainable revenue in 2023 (the most recent year for which full-year results are available).
Originally published in Bloomberg's 2023 Impact Report Structural and systemic shifts accompanying climatechange, such as resource scarcity, new technologies and regulations, pose business risks and offer opportunities to issuers and investors globally.
One of the most destructive consequences of climatechange is the increased frequency of flooding. Read on to discover how climatechange increases flood risks and the strategies needed for effective response. In this case because of well-prepared flood protection it mitigated damage to this city of over 2 million.
For the study, the 2023 CxO Sustainability Report: Accelerating the Green Transition, Deloitte and market research firm KS&R surveyed more than 2,000 C-level executives in 24 countries, across a broad range of industries and enterprise sizes, ranging from $500 million in revenues to over $10 billion.
Climatechange is a real and existential challenge of our times. We see its effects impacting the globaleconomy and how we live daily. Lorenzo Simonelli Chairman, President and Chief Executive Officer View the full 2023 Corporate Sustainability Report.
In 2023, PCAF launched an accredited partner program, enabling collaboration with service providers such as consultancies, data providers, and software providers, in order to support financial institutions in applying the PCAF Standard.
president will be taking aim at legislation that resulted in nearly US$300 billion in private-sector investments in clean energy, battery manufacturing and clean power generation, most business leaders recognize that concerns about a worsening climate crisis will grow regardless of shifting political winds. While the new U.S. Telus Corp.
Photo: CARE Peru Data from the Gates Foundation suggests that investing in the economic power of women like Fariha could boost the globaleconomy by as much as $10 trillion by 2030 – twice the GDP of Japan, the world’s third largest economy. Elizabeth Vargas Vilca and her staff at her shoe manufacturing business.
In 2023, I stood on Antarcticas frozen expanse after summiting Mount Vinson and skiing to the South Pole to raise awareness of the accelerating ice melt and its far-reaching consequences. My journey to understand this crisis began with a 2019 expedition to Mount Everest, also undertaken to highlight climatechange.
Across the continent, business schools are embracing local narratives , turning the classroom into a space where African ingenuity and global relevance meet and changing how students see themselves – not just as participants but as creators of a more sustainable and equitable globaleconomy.
CooperCompanies (“Cooper”) (Nasdaq: COO) today released its 2023 Environmental, Social, and Governance (ESG) Report showcasing progress on enhancing the health and wellness of people around the world while protecting the planet and serving its communities. The Company operates through two business units, CooperVision and CooperSurgical.
We are also at a tipping point in climatechange. Climate-related disasters displaced three times more people than conflict and violence in 2020, jeopardizing education for millions of children. Climatechange is also why the renewable energy sector is booming, opening new jobs with new challenges and skill requirements.
Originally published in Qualcomm's 2023 Corporate Responsibility Report We have been a committed partner to countries around the world for more than 30 years, supporting policies that encourage innovation, foster the advancement of technology and enable business-friendly environments globally.
Originally published on bloomberg.com July 21, 2023 /3BL/ - Bloomberg today announced the Bloomberg New Economy Forum’s return to Singapore, November 8-10, 2023, with a full delegation of global corporate and government leaders. Bloomberg, Founder of Bloomberg L.P.
With more than one quarter of the globaleconomy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. ClimateChange. It is also working to introduce net-zero emissions ships in U.K.
As we approach COP29, which (roughly) coincides with the fourth anniversary of the Net Zero Asset Managers initiative (NZAM), it’s an excellent moment to reflect on progress and reaffirm the individual commitments of NZAM signatories to accelerating the transition to a net zero globaleconomy.
You sigh with relief knowing that the world had accomplished something no one thought was possible: We’d turned back the clock on climatechange. Much of the current conversation around climatechange focuses on the obstacles that make the problem so difficult to solve.
Can ESG data help ensure that they are built in a manner that makes them resilient in a climate-changing world, even mitigate the threats of droughts, floods, hurricanes, wildfires and all of the other calamities in the first place? Sustainable finance can help. trillion annually.
Impakter Davos 2023: Time to Rethink the Role of the World Economic Forum? Last week saw the 53rd annual World Economic Forum (WEF) gathering; a four-day event held in the Swiss skiing resort of Davos between the 16th – 20th of January. appeared first on Impakter. Stephen Hare
The proposal follows decisions by the pension funds to divest from fossil fuel reserve owners in their public equities portfolio in 2018, and to exclude upstream fossil fuel investments, including exploration and extraction, in their private markets investments in 2023.
Originally published in International Paper's 2023 Sustainability Report Celebrating a decade with our company, Sophie Beckham is vice president and chief sustainability officer at International Paper, where she works across the enterprise to advance sustainability strategy development and the company’s Vision 2030 goal implementation.
In Taiwan, where I live and work, a large percentage of companies occupy an important position in the globaleconomy as major suppliers of goods across the industrial spectrum. When the FSC introduced these directives, the government’s aim was to improve corporate transparency and accountability with the wider public.
Benchmark assessments are a cornerstone of Climate Action 100+ and are intended to help inform investors’ engagement strategies and wider public debate. 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.
By: Emma Cutler, Senior Analyst, Verdantix News of climatechange- and El Nino-driven drought slowing traffic in the Panama Canal hit headlines last week. Where the news will likely never appear, however, is firms’ own reporting, even for those that experience significant losses, at least not as a climate-related loss.
This innovative resource - launched at the COP28 Nature Pavilion in Expo City, Dubai - helps organizations navigate the landscape of nature and climate assessment methodologies and disclosure frameworks and surfaces leading tools that enable meaningful nature and climate action that can improve their environmental and business performance.
Natural capital provides the building blocks that enable ecosystem services—the positive benefits that societies and economies derive from nature—to sustain life and create wealth. That’s why biodiversity loss alone could cost the globaleconomy trillions of dollars in the coming years, in addition to trillions more related to climatechange.
Trade is the globaleconomy's lifeblood, with maritime transport at its core. But the carbon footprint of port operations and shipping is substantial, with shipping accounting for nearly 3% of global greenhouse gas emissions , according to the Organisation for Economic Co-operation and Development (OECD).
As we recently marked World Water Day themed Glacier Preservation it servedas a timely reminder that we all have a role to play in tackling climatechange and water stress. In 2023, 25% of the water used in Equinixs evaporative cooling systems came from non-potable water sources, most of which was reclaimed water.
UK-based bank Barclays will no longer directly finance new oil and gas projects, and will require its energy sector clients to produce transition plans or decarbonization strategies by the beginning of next year, according to a new “ClimateChange Statement” released by the bank.
PARIS, November 16, 2023 /3BL/ - The Consumer Goods Forum (CGF)’s Food Waste Coalition of Action has today released its first baseline report , presenting operational food surplus and waste aggregated data from sixteen of its retailer and manufacturer members. said Sharon Bligh, Director of Health and Sustainability.
Today, the residents of Utqiaġvik face a growing challenge– integrating the culture and values of the past with the technological advances and knowledge needed to preserve their culture and thrive in a changing, globaleconomy. Utqiaġvik is on the front lines of climatechange. If not now – when?
In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. The good news is that every recession eventually creates new opportunities, so continue reading about 2023 sustainability trends. Sustainability trends 2023: Mandatory reporting.
Originally published on bloomberg.org NEW YORK, August 24, 2023 /3BL/ - Bloomberg announced it will host the Bloomberg Transition Finance Action Forum on September 19, 2023, in New York City.
The initiative underscores that addressing climatechange requires a holistic approach supported by healthier, better educated, and adequately skilled young people. To date, the partnership reached more than 600,000 youth with foundational and digital skills that help young people unlock opportunities in the changingglobaleconomy.
CDP runs a global environmental disclosure system, enabling investors and other stakeholders to measure and track organization’s performance in key environmental sustainability areas including climatechange, deforestation, and water security.
“Over the last two decades working in sustainable finance, I’ve seen first-hand that successfully integrating sustainability and climatechange considerations into decision-making processes is critical if investors, banks and companies are to fully understand risks and opportunities in a rapidly evolving globaleconomy,” said Mattison.
These efforts are part of companies’ efforts to measure and reduce their contributions to climatechange. This service offers customers a simple and transparent way to offset carbon emissions and take tangible climate action by supporting one of the United Nations’ climate action projects.
November 28, 2023 /3BL/ - Inogen Alliance will have a presence at the upcoming COP28 held in Dubai. UN’s COP (Conference of the Parties) is the largest annual climate summit driving action to address global warming across world leaders, country delegates, representatives of business, civil society, local communities and media.
Participating investors will focus on mobilizing companies deemed to be systemically important to the goal of reversing nature and biodiversity loss by 2030; the initiative is encouraging investor signatories to participate ahead of its spring 2023 launch. Mindy Lubber, CEO and President, Ceres, said: “The globaleconomy depends on nature.
dollars in 2023 alone, and expected to grow to over 1.8 trillion USD to the globaleconomy in 2030[2]. trillion U.S. dollars by 2030[1]. Artificial intelligence is far from limited to responding to questions or creating customer artwork – it’s ideal for sifting through and making sense of big data.
Moreover, our solutions scored 15% higher than in 2023 based on their raw scoring, illustrating how our solutions have evolved in the competitive landscape. Pricing and intermediating risk is a core function for insurance companies, but this has become far more challenging given the unprecedented risks associated with climatechange.
The organizations’ key functions include defining and promoting best practice in emissions reductions and net-zero targets in line with climate science, providing technical assistance to companies who set science-based targets, and providing companies with independent assessment and validation of their emissions reduction targets.
the world is not on track to meet its climate goals. The frequency of catastrophic heatwaves, flooding and droughts continues to have an increasingly deadly and devastating impact on all parts of society—including the globaleconomy. The latest National Climate Assessment found the U.S.
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