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Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion. Instead of winding down financing, these banks are winding it up, as LNG funding increased by 25% from 2021 to 2023.
By 2023, 77 countries had adopted climate-related transparency and information policies, like environmental taxonomies. Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests.
Worldwide, there are more than 95,000 private companies with annual revenues over US$100 million, compared to only 10,000 public companies over that threshold, according to a 2023 report from investment management firm Hamilton Lane. By 2023, Bosch reported that 99% of its electricity requirements were met by green energy.
The Global Reporting Initiative (GRI) and CDP announced today a new cooperation agreement which will see the organizations more closely collaborate and align their reporting standards and platform, to help ease sustainability reporting for companies and improve access to data on corporate environmental impacts.
Published by Las Vegas Sands on October 18, 2023 3BL has named Sands to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance transparency and performance among the 1,000 largest U.S. News and World Report’s Best Companies To Work For 2023-2024 list. public companies.
Report highlights progress in environmental, social, and governance efforts worldwide and details achievements in fostering an inclusive environment Keysight significantly surpassed many 2023 Corporate Social Responsibility key impact goals SANTA ROSA, Calif., May 14, 2024 /3BL/ - Keysight Technologies, Inc.
TOLEDO, Ohio, October 18, 2023 /3BL/ - Owens Corning (NYSE: OC) has been named to the annual 100 Best Corporate Citizens ranking by 3BL. Using a methodology developed by 3BL, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. public companies.
Originally published in Qualcomm's 2023 Corporate Responsibility Report Qualcomm engineers human progress. The rapid development of generative artificial intelligence promises to accelerate this transformation and enable entirely new experiences and applications. We relentlessly innovate to enable intelligent computing everywhere.
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. A statement provided by Shell welcomed signs that some form of new regulatory regime was on the way.
NZAM was launched to mobilise and support asset managers in taking ambitious action, helping them set interim targets and track their progress aligning investments with the ParisAgreement goal of limiting global warming to 1.5°C The UN’s annual climate conferences (COPs) have always been catalysts for increasing action.
The global goal for developed nations mobilize $100 billion in climate finance to their developing nation counterparts to mitigate and adapt to climate change is expected to be met in 2023, and surpassed in following years, according to a new report released by Canada and Germany ahead of the COP27 climate conference.
The 10 Big Things To Watch Across World’s Energy Markets in 2023. Wed, 01/11/2023 - 14:05. BloombergNEF has analyzed these and other key developments, and here we look forward to what might be coming in 2023. The speed at which China returns to normality will dictate the shape and level of oil prices in 2023.
Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the ParisAgreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into landmark developments and prospects this year. I've been participating since COP 21 when the adoption of the ParisAgreement took place.
Once again, the Group has positioned itself in the Leadership band of the Climate Change 2023 and Forests 2023 ratings by CDP. A member of the UN Global Compact, the Sofidel Group considers sustainability a strategic imperative and is committed to promoting sustainable development. For more information, visit www.sofidel.com.
Schneider Electric Schneider Electric , the leader in the digital transformation of energy management and automation, has announced a collaboration with long-term partner Alstom , aimed at developing and delivering sustainable solutions for mobility customers. The collaboration will also address the need to digitalize future mobility. Software
October 18, 2023 /3BL/ - Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released the latest round of company assessments against its newly updated Net Zero Company Benchmark, drawing on distinct analytical methodologies and datasets from public and self-disclosed data from companies.
The majority (44%) of the 65% said that sustainability outcomes are financially material, 30% said they want to prepare for and respond to legal and regulatory developments, and 20% said they want to protect their reputation. Meanwhile, Japanese asset owner Sumitomo Life Insurance aims to invest JPY 700 billion (US$4.6
PORCARI (LU), Italy, July 5, 2023 /3BL/ -The Lucca Film Festival is going green. Film makers and directors from Italy and abroad can submit their work until Friday, July 28, 2023, sending it as a video link to future@luccafilmfestival.it or by registering on the Filmfreeway and Festhome platforms.
August 18, 2023 /3BL/ - My Green Lab, the world’s leading nonprofit organization dedicated to improving the sustainability of scientific research, today announces a renewed partnership with the United Nations High-Level Climate Champions.
2024 Best 50 ranking table 2024 rank 2023 rank Company Peer group (CKPG) Overall grade Climate commitments 1 4 Société de transport de Montréal Transit & ground transportation A+ 2 5 Stantec Inc Business, engineering & personal services A- 1.5°C, this year, up 9% over last year’s 49.7% – that’s compared to just 8.4%
December 11, 2023 /3BL/ - Griffith Foods, a global food development partner, proudly announces its participation in the United Nations Climate Change Conference (UNFCCC COP28), taking place in Dubai, UAE, from November 30th to December 12th. COP28 has designated December 10 th focus as Food, Agriculture, and Water.
This is the first in a three-part series exploring how Article 6 of the ParisAgreement can spur the clean energy transition. According to International Emission Trading Association estimates , Article 6-powered financial flows to achieve ParisAgreement goals could soar to $1 trillion a year by 2050.
Large suppliers to the Government of Canada will be compelled to disclose their greenhouse gas (GHG) emissions and set targets to reduce them, starting April 1, 2023, according to new standards released today.
In the fourth annual edition of BloombergNEF’s G-20 Zero-Carbon Policy Scoreboard, the members of this group scored, on average, just 49% – a paltry 1 percentage point rise from 2023. Developed economies should lead by example, but large emerging markets need to up their game The dividing line of economic wealth persists.
Trane Technologies innovates to develop heating and cooling technology that reduces emissions, and we are an important part of the solution. For years, Trane Technologies has been a member of the World Business Council for Sustainable Development (WBCSD) and in 2023 we joined the WBCSD Roadmap to Nature Positive working group.
From the 2023 Sustainable Development Goals Summit and Climate Week NYC to the UN’s climate change conference COP 28 , the collective goal is to unite people worldwide to steer passion and innovation into tangible climate action solutions. We can develop these qualities within your existing teams too.
Recognizing the need for ambitious yet practicable actions to impact the environment, the company has expanded its net-zero emissions goals and is committing to achieving net-zero greenhouse gas emissions across Scopes 1 and 2 as well as Scope 3 by 2050 in alignment with the ParisAgreement. The company contributed roughly $1.5
November 28, 2023 /3BL/ - Inogen Alliance will have a presence at the upcoming COP28 held in Dubai. Access to adequate finance by governments which can mobilize private sector investments in climate action for most developing countries is still lagging behind. in the Azerbaijan Pavilion (MS01G1) in the Blue Zone.
December 13, 2023 /3BL/ - Ceres applauds world leaders for reaching a final negotiated Global Stocktake at COP28 that recognizes the need for deep, rapid, and sustained reductions in greenhouse gas pollution in line with the ParisAgreement. Limiting average temperature rise to no more than 1.5
The announcement is meant to deliver on the 2023 subsidy phaseout deadline contained in Prime Minister Justin Trudeau’s December, 2021 mandate letters to Guilbeault and Finance Minister Chrystia Freeland. In a release Monday, Oil Change International placed the total at $50 billion since 2019. A Trans Mountain Pipeline Bailout?
The updated targets were unveiled with the release of the firm’s 2023 Climate Report, which also included net zero 2050-aligned targets for 2 new sectors, a new Scope 3 “Energy Mix” target, and first-time disclosures on the firm’s financed emissions for sectors where targets have been set. million CO2e.
Originally published in American Airlines' 2023 Sustainability Report Voluntary Carbon Markets Aviation is regarded as one of the sectors that is hardest to abate in terms of climate impact. In 2023, we reached the goal we set in 2019 of sourcing 2.5 million gigajoules (GJs) of cost-competitive renewable energy to power our operations.
However, subsequent Conservative prime ministers – Liz Truss and Rishi Sunak – “didn’t understand the urgency”, according to the Rt Hon John Selwyn Gummer, Lord Deben, Conservative Party peer and former chair of the UK’s Committee on Climate Change (CCC) from 2012 to 2023.
Sustainability focus stretches beyond strategy What comes next after understanding material impacts, risks, and opportunities, is accordingly, developing our strategy. “We As we develop our new strategy, we’re also preparing for how we will publicly communicate our progress on it.
The Renewables 2024 report, the IEA’s flagship annual publication on the sector, seems to find that the world is set to add more than 5,500 gigawatts (GW) of new renewable energy capacity between 2024 and 2030 – almost three times the increase seen between 2017 and 2023. times its 2022 level by 2030.
SWORDS, Ireland, November 30, 2023 /3BL/ - Trane Technologies (NYSE:TT), a global climate innovator, will underscore the critical need for adoption of new and existing solutions at scale, accelerated climate policy and transparent emissions reporting during COP28 in Dubai, November 30 – December 12.
Describing her vision of an economically buoyant and sustainable Europe in the era of climate change, she called on the EU to accelerate the development of the clean-tech sector, “from wind to steel, from batteries to electric vehicles”. When it comes to the European Green Deal, we stick to our growth strategy,” von der Leyen said.
On 2 November 2023, SDSN Portugal was officially launched by NOVA University Lisbon , Centre of Engineering and Product Development (CEIIA), and Instituto Marquês de Valle Flôr (IMVF). SDSN Portugal joins SDSN’s family of 55 national and regional networks in their mission of advancing the SDGs locally and globally.
OECD Guides on Impact Assessment Building on the 2018 Recommendation on Global Events and Local Development, in July 2023, the Organisation for Economic Co-operation and Development (OECD) published guides to help event organisers monitor and evaluate the social, economic and environmental impacts of their events.
These newly validated targets are in line with climate science and are consistent with levels necessary to meet the ParisAgreement's goals to limit global warming to 1.5 It is committed to reduce scope 3 Forest Land and Agriculture (FLAG) emissions by 36% and non-FLAG emissions by 30% by 2030. degrees Celsius.
One of the key initiatives for the company following the funding round will be the development of a system for measuring Scope 3 supply chain emissions across all regions and modes of transportation. Many of the world’s biggest shippers have committed to reducing their emissions in line with the ParisAgreement.
Originally published in Southern Company's 2023 Sustainability Summary Providing clean, safe, reliable and affordable energy to customers is fundamental to Southern Company’s mission. Effective Execution of Decarbonization Strategies Through 2023, Southern Company has reduced Scope 1 GHG emissions by 49% relative to our baseline year of 2007.
Finally, the limited processing power of local devices, compared to massive resources available to run queries in cloud data centers, enforces a form of AI discipline on AI software companies, app developers and users. Jun 14, 2023). Oct 10, 2023). Nov 7, 2023). Jul 27, 2023). May 11, 2023). Sep 27, 2023).
Launched in 2023, Healthy Neighbor trained a team of dedicated community health workers and a registered nurse to provide tailored support, combining SPICE, the Medtronic LABS open-source digital health platform, with social resource navigation. “Our Complaint rates are an important indicator of patient experience and product quality.
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