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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. In 2023 alone, 1,453 transactions were made between banks and LNG developers. above preindustrial levels.
In 2024, COP29 must dig itself out of a bigger hole. Moreover, the UN’s visionary commitment to develop a more just, tolerant society as part of its ParisAgreement goals also looks shaky when it works with an authoritarian family dictatorship. Freedom House, a Washington, D.C.–based s score of 18/100).
But that’s the mandate of Simon Stiell, the former environment minister of Grenada who is now the United Nations’ climate chief – the man most responsible for achieving the ParisAgreement goal of limiting climate change to 1.5°C With little to no power to enforce compliance, Stiell has responsibility without authority.
November 25, 2024 /3BL/ - Ceres President and CEO Mindy Lubber issued the following statement after COP29, as global negotiators at the climate summit in Baku, Azerbaijan, finalized an agreement to help keep the world on track to reduce pollution dangerously overheating the planet.
International Olympic Committee news The Olympic and Paralympic Games Paris2024 have established new, and elevated existing, international standards in economic, social and environmental sustainability, which look set to transform the future of global sporting events. Paris2024 is the first to benefit from these guidelines.
BAKU, Azerbaijan, November 13, 2024 /3BL/ - KPMG International invites you to be a part of a diverse range of sessions at COP29, which aim to facilitate meaningful exchanges on climate and sustainability issues. With sustainability and transparency at the forefront of the business landscape, the issue of greenwashing has emerged.
“When the IOC put together the reforms of Olympic Agenda 2020, our ambition was to make the Games more sustainable, more responsible and useful for the host population,” said Tania Braga, IOC Head of Impact and Legacy, speaking at a joint IOC-Paris2024 press briefing dedicated to sustainability and legacy.
dangerous global warming threshold set out in the agreement. As an organisation, the IOC is on track to reduce its carbon emissions by 30 per cent by 2024 and is aiming for a 50 per cent reduction by 2030, in line with the ParisAgreement on Climate Change. They noted that, this year, the world surpassed the 1.5C
Tapestry is honored to announce its inclusion in the USA Today 2024 America’s Climate Leaders list. To this end, we have invested in researching and developing high-quality and environmentally preferred materials. We believe that true luxury is about crafting products that respect the planet as much as they inspire our customers.
November 6, 2024 /3BL/ - We are pleased to announce that Inogen Alliance will have a presence at COP29 in Baku, Azerbaijan, marking the second time we will have a global delegation involved in COP with seven Associate companies. Sharaf Asgarova (Renewables Expert) Moderated by: Ms.
Leaders of leading industrial nations at the Japan-hosted G7 summit in Hiroshima made a series of announcements in support of their ParisAgreement commitments to limit global temperature rise to 1.5°C,
It also says it has installed capacity of around 28 megawatts of wind power and is developing photovoltaic plants with a planned capacity of approximately 58 MW. OeKB focuses on five service areas: export, capital markets, energy markets, development financing and tourism.
International Olympic Committee news Paris2024 , with the first Olympic Games fully aligned with Olympic Agenda 2020 , promises to deliver spectacular Games that are more responsible, more sustainable and more inclusive. The Paris2024 organisers have also avoided generating carbon emissions thanks to an innovative energy model.
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.
International Olympic Committee news The Olympic and Paralympic Games Paris2024 will set new standards for environmental responsibility, demonstrating how to hold global sporting events in an era of accelerating climate change. It encompasses all planning and operations – from energy and transport to catering and procurement policy.
DÜSSELDORF, Germany, November 4, 2024 /3BL/ - In line with its ambitions for sustainability within its agenda for purposeful growth, Henkel has defined a net-zero roadmap, substantially extending its targets for emissions reduction along the value chain. We all have to take responsibility and help limit global warming to 1.5°C,
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. OVERLAND PARK, Kan.,
They discussed the key developments, conclusions for global carbon markets, and what the landscape for private sector action looks like in 2024. As part of the global stocktake, an agreement was reached to globally 'transition away from fossil fuels by 2050' as well as triple renewable energy capacity. throughout 2024.
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.
C trajectory of the ParisAgreement. 3M has been documenting and reporting scope 1 and 2 inventory since 2002 and has been developing its scope 3 emissions inventory since 2011 in line with the GHG Protocol Corporate Value Chain (scope 3) Accounting and Reporting Standard.
International Olympic Committee news This will enable the IOC to engage more effectively with the global efforts to address climate change, underscoring its commitment to reducing emissions and to leveraging the role of sport as an “important enabler” for the United Nations (UN) Sustainable Development Goals (SDGs). “We
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 19, 2024 /3BL/ - Ceres Senior Director of Federal Policy Zach Friedman issued the following statement after the United States updated its Nationally Determined Contribution (NDC) toward global efforts to limit temperature increases from reaching catastrophic levels, pledging to achieve a 61-66% reduction in climate pollution by 2035.
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
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
Last week the UN Plastics Treaty reached its final stages of negotiations at INC-4 in Ottawa, Canada, to develop a legally binding, international agreement to tackle plastic pollution across the entire plastics life cycle. Their vision is for this to be legally binding, much like the ParisAgreement to limit global warming.
The stark reality is that a failure to deliver a truly just energy transition, that meets the needs of both developing and developed nations – will be a failure to solve the climate crisis. As the world edges closer to 2030 all the evidence suggests we will struggle to meet the original ParisAgreement targets.
It marked the first time the international community assessed its collective progress in reducing greenhouse gas emissions since the ParisAgreement in 2015. support climate innovation and encourage cross-border and inter-generational collaboration for sustainable social and economic development.
Officials cast it as one major part of a process that also includes a phaseout of public financing for domestic fossil fuel projects through Crown agencies like Export Development Canada. Those guidelines are due to be released in 2024. In a release Monday, Oil Change International placed the total at $50 billion since 2019.
Speaking on a panel on “Stewarding Responsible Capitalism” at the WEF Forum in Davos, Liikanen revealed the goal, and commented on the speed with which the standards have been developed: “The aim is very concretely that they would be able to publish, adopt and issue the finalized standard by mid this year, which means in June.
October 3, 2024 /3BL/ - In its first year, Cascale’s Manufacturer Climate Action Program (MCAP) has expanded to engage over 60 manufacturers in the fight against climate change, the organization announced today. C pathway of the ParisAgreement was a great experience”, said Jim Yuan, Assistant Project Manager at TÜV Rheinland.
“A call to transition energy systems away from fossil fuels—the first time oil and gas had been included in a COP agreement—won over those demanding strong action; but oil producers and developing countries were reassured by assertions that countries are free to follow their own paths to net zero,” Bloomberg News reports.
“While we greatly value the distinction, we continue to push our performance and have set measurable targets for accomplishments under these pillars in the areas of workforce development, Team Member volunteerism and low-carbon transition by 2025.” News and World Report’s Best Companies To Work For 2023-2024 list.
September 10, 2024 /3BL/ - Colin Browne, new CEO of the global nonprofit alliance Cascale, today unveiled critical insights to help the industry take a more targeted approach to decarbonization. Cascale has already set a 45 percent reduction target for the textile, apparel, and footwear industry by 2030, in line with the ParisAgreement.
November 20, 2024 /3BL/ - Medtronic plc, a global leader in healthcare technology, has today released its fiscal year 2024 (FY24) Impact Report. We aim to develop a replicable model for community-based care that can improve outcomes for millions across the world.” Invested $2.7
Our greenhouse gas reduction goals are to achieve 50% reduction from 2007 levels by 2030 and to reach net zero by 2050, consistent with the commitments of the ParisAgreement. We completed the expansion of Plant Vogtle in 2024 – Units 3 and 4 are the first new nuclear units to be constructed in the U.S.
C trajectory of the ParisAgreement. In its Q1 2024 Global Impact Summary Report, 3M revealed that it has already achieved a 48.6% The company also announced that its near-term emissions reduction goals have been validated by the Science Based Targets initiative (SBTi) as being in line with the 1.5°
In September, the Labour government announced plans to set the UK’s nationally determined contributions for 2035 between November 2024 and February 2025. Back then, I wouldn’t have believed that we would come so far in international collaboration on climate change, such as the ParisAgreement,” he said.
COP, which stands for Conference of Parties, is the series of formal meetings, where governments assess global efforts to advance the ParisAgreement and the Convention. The next Conference is currently taking place in Baku, Azerbaijan, in November 2024. What is COP? But who should it be?
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. Retrieved on Jan 12, 2024 from: [link] 2: Alex de Vries. Retrieved on Jan 12, 2024 from: [link] 3: Gartner.
increase in like-for-like sales in its 2024 annual results , and a recurring operating margin of 13.0%. Launched in 2022, Renew promised Danone would reconnect with a sustainable profitable growth model, partly by taking a more science-led approach to product development, including expansion of its health and nutrition portfolio.
B&Q is urging the UK government to ban sales of bagged peat-based compost by 2024 to enable peatlands to optimise carbon sequestering. Steve Guy, Market Director Outdoor, B&Q, said:“At B&Q we have a long history of developing our outdoor range to help our customers have greener, healthier gardens, and this work continues today.
GRI is developing new standards to enhance accountability on the issues that matter most within sectors. The Sector Standard for Coal enables comprehensive and comparable disclosure on: How companies respond to climate change mitigation demands , as reflected in the ParisAgreement, including plans to transition away from coal mining.
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.
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