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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. Our growing portfolio of zero-carbon resources plays an integral role in helping us meet these objectives.
By signing The Climate Pledge, Rayonier joins a growing community of over 460 companies that are committed to achieving net-zerocarbon emissions by 2040, a decade ahead of the ParisAgreement's target. About The Climate Pledge The Climate Pledge is a commitment to reach net-zerocarbon emissions by 2040.
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.
JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve net zero by 2050. Click here to access JPMorgan Chase’s 2023 Climate Report.
NEW YORK, October 24, 2023 /3BL/ - At NY Climate Week, the CGF Net Zero Taskforce, Accenture and the Climate Champions Team (CCT) have jointly launched a brief report arguing that “consumer industries scale-up of regenerative agriculture is the quickest path to a nature-positive, net zero and resilient world.”
Action Toward Net Zero We are taking concerted, coordinated action to play our part in combating climate change – working toward our long-term ambition of net zerocarbon and resilient landscapes. We've also joined the United Nations Race to Zero Campaign to help build momentum towards a decarbonized economy. C campaign.
The latest Intergovernmental Panel on Climate Change (IPCC) report tells us that actions taken this decade will have impacts “for thousands of years.” The Global Stocktake, happening in 2023, offers a pivotal opportunity to correct course and accelerate global climate action. What is the Global Stocktake and why is it important?
We’re building on our progress in reducing our end-to-end carbon footprint and working toward our long-term goal of net zerocarbon emissions by 2050. C, aligning our long-term emissions mitigation targets with the aim of limiting temperature rise in accordance with the ParisAgreement. Defining Net ZeroCarbon.
The global stocktake finalized at the 28 th United Nations’ annual conference on climate change, or COP28 , took place from November 30 to December 12, 2023, in Dubai, United Arab Emirates. An example of how this translates is Schneider Electric’s flagship program ZeroCarbon Project , which aims to halve supplier CO 2 emissions by 2025.
This included a commitment to generally vote in favour of shareholder resolutions aligned with the objectives of the ParisAgreement, taking a ‘comply-or-explain’ approach and publicly disclosing its rationale if voting against. billion to invest in global climate solutions and support its ambitions to reach net zerocarbon emissions.
As a high-emitting sector, oil and gas companies are under increasing pressure from investors and regulators to set decarbonisation targets that align with the goals of the ParisAgreement. Reducing emissions across all scopes . The post New Metrics Needed to Track Oil and Gas Transition appeared first on ESG Investor.
Although prevailing wisdom holds that time is running out, BloombergNEF’s New Energy Outlook 2024 seemingly shows how the world could still achieve the major goal of the ParisAgreement – holding global warming to well below 2°C and avoiding the worst impacts of climate change – and what it would take to get there. is buildings).
Many countries across Asia also lack access to sufficient financing to fully develop low or zero-carbon infrastructure. For countries to reduce their emissions and deliver on their national climate targets under the ParisAgreement, more transformative investments in climate change and the transition to clean energy are required.
The resulting report—available in both English and Spanish—provides a set of recommendations for Paraguay to reduce its greenhouse gas emissions and meet its commitments made under the ParisAgreement.
However, some signatories have been criticised for investing in ways that undermine their membership. A 2023 survey by global investment manager Russell Investments found that only a fraction of NZAM assets were managed in line with net zero objectives. trillion in assets in 2022. “The
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. The European Union, UK and US retained the top spots.
C target set by the ParisAgreement before 2040, according to UN Intergovernmental Panel on Climate Change’s (IPCC) AR6 Synthesis report. Many perceive COP conferences as merely talk sessions without tangible outcomes.
SUMMARY: Aligned With the ParisAgreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. SOURCE: JetBlue Airways.
Governments know they must attract ESG investors to sovereign debt if they are to meet their net zerocarbon emission targets by 2050. All countries must have a physical risk report and analysis as part of the ParisAgreement, but they all vary. billion at the end of 2020. Factoring in fairness.
Sachs stressed that current estimates are discouraging, because although there are various international frameworks, such as the ParisAgreement, the current concentrations of greenhouse gases are so high that they will cause serious damage to the environment, permanently.
In Voluntary carbon offset markets, offsets are used at the companies discretion, and the market size in 2021 is expected to hit $1 billion. In VCM, companies or individuals take responsibility to trade carbon credits to offset their emissions to meet net-zero, carbon-neutral, or other emission reduction targets.
Since then over 500 companies have signed on, committing to reach net zerocarbon emissions by 2040. Beating the ParisAgreement’ is a huge statement to make. Both Paris and the 2018 IPCC report warned of the catastrophic climate impacts we would see across the world if we do not limit global warming to 1.5°C,
Originally published in Northern Trust 2023 Sustainability Report Northern Trust is actively reducing our operational carbon footprint. In 2023, we completed four LED lighting projects, of which three are in EMEA and one is in the U.S., which have saved approximately 60 tons of carbon. percent versus our 2019 baseline 34.
For example, a 2023 report found that more than a fifth of the items in a typical British grocery shop were at risk from climate breakdown, with farmers in the biggest food-exporting countries to the UK facing high climate vulnerability. They have a central role to play in delivering a just transition to a zero-carbon economy.
C and implement the ParisAgreement and will be welcomed by the business community. C temperature goal of the ParisAgreement alive, and to ensure a just transition. . G20 Leaders have recognized the need to transform their energy systems in line with the ParisAgreement, and agreed to help each other to do this.
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