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Use of Employee Incentives to Hit Climate Goals More than Doubles Over Past Year: Accenture

ESG Today

While companies are increasingly adopting emissions reduction measures, however, the report found that less than one in five are on track to hit net zero emissions in their operations by 2050. over the prior year, after growing from 27% in 2021. over the prior year, after growing from 27% in 2021.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

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 Paris Agreement in the first place.

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OECD Warns of Climate-alignment “Blind Spot”

Chris Hall

By 2023, 77 countries had adopted climate-related transparency and information policies, like environmental taxonomies. 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

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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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Switzerland Sets Target to Reduce Greenhouse Gas Emissions by 65% by 2035

ESG Today

The new decarbonization goal will form the basis of Switzerlands second Nationally Determined Contribution (NDC) under the Paris Agreement, which the Swiss Federal Council said will be submitted to the UN Framework Convention on Climate Change (UNFCCC) by February 10.

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Aligning Capital to Ambitious Climate Goals

Chris Hall

Asset managers’ net zero targets depend on governments living up to their commitments, says Rebecca Mikula-Wright, CEO of AIGCC and IGCC and NZAM Chair. In the past 12 months, signatories have been taking a range of actions to implement their individual net zero commitments.

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Burberry’s Net Zero Emissions Goals Approved by SBTi

ESG Today

C in line with the Paris Agreement. Burberry is the first luxury fashion brand to receive approval by the initiative for its net zero emissions target. Burberry’s net-zero targets match the urgency of the climate crisis and set a clear example that their peers must follow.”. by 2030, from a 2019 baseline.

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