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H&M Signs Solar PPA Enabling New Renewable Energy Construction in Texas

ESG Today

Under the new agreement, Lightsource bp will provide energy from its 125MW Second Division solar project in Texas, currently under construction in Brazoria County, and expected to be operational by the end of 2024. According to the companies, the project will reduce carbon emissions by an estimated 155,000 metric tons annually.

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More than a Third of Public Companies Now Reporting Scope 3 Emissions: MSCI

ESG Today

For the report, the latest edition of the MSCI Net-Zero Tracker, MSCI assessed the climate change progress of companies within the MSCI All Country World Investable Market Index (ACWI IMI), and included data from its “Implied Temperature Rise” metric. Click here to access the MSCI report.

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Japan Launches Inaugural $11 Billion Climate Transition Bond Offering

ESG Today

Japan has committed to reach net zero emissions by 2050, with an interim 2030 goal to reduce greenhouse gas emissions by 46% by 2030. billion) in climate transition bonds planned to be issued in the fiscal year starting April 2024. The government aims to issue the second tranche of the bonds on February 27, with JPY 1.4

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Partnership aims to install UK-first CCUS pilot plant at EfW facility

Envirotec Magazine

The trial will run for at least 12 months and will apparently be operational from July 2024. “The pilot builds on enfinium’s broader ambitions to lead an investment of up to £800 million in Carbon Capture and Storage (CCS) at its Ferrybridge 1 & 2 facilities, which together would capture over 1.2

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Guest Post: Traceability Data Holds the Key to Decarbonization and Green Investment

ESG Today

Less than a decade ago, it was thought, maybe, that investing $100 billion a year in developing countries’ sustainability aims would be adequate. Fast-forward to 2024, with its multiple hurricane disasters in the U.S.; But equally importantly, brands are using traceability data to inform their own green investments.

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UK Must “Harness the Power” of its Green Taxonomy – GTAG

Chris Hall

Levick also noted that the taxonomy could be employed via initiatives such as a net zero test, which the UK might apply to all its public investment decisions, utilising the taxonomy to evaluate whether investments align with the its definition of ‘green’.

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Social Safeguards “Critical” to EU Taxonomy

Chris Hall

The European Commission tasked the Platform on Sustainable Finance (PSF) with drafting minimum safeguards under Article 18 of the Taxonomy Regulation to prevent green investments from being labelled as ‘sustainable’ if they contribute negatively to selected social and governance themes. .