ESG Today

MARCH 18, 2025

Nordea announced a commitment in 2021 to become a net zero bank by 2050 , along with a series of interim 2030 targets including reductions in carbon emissions from lending and investment portfolios by 40-50%, reductions in internal carbon emissions by at least 50% and the achievement of net positive carbon contribution.

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3BL Media

OCTOBER 25, 2024

Our growing portfolio of zero-carbon resources plays an integral role in helping us meet these objectives. 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 Paris Agreement.

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Corporate Knights

OCTOBER 25, 2024

Here are our top four takeaways from PRI’s 2024 conference, based on insights and conclusions from the world’s top responsible investors. Investors can’t just divest from carbon-intensive industries and wipe their hands of their role in the net-zero transition, argued Deborah Ng, head of ESG and sustainability at GMO LLC. “If

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3BL Media

NOVEMBER 14, 2024

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.

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Chris Hall

NOVEMBER 8, 2024

Despite “incremental progress” investor-led engagement initiative’s benchmark finds firms still have room to improve on net zero commitments. Investors will be looking for ambitious and comprehensive emissions reductions targets to accompany the growing number of net zero commitments being made.”

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3BL Media

MAY 24, 2024

May 24, 2024 /3BL/ - In a notable move for the 2024 proxy season, New York City Comptroller Brad Lander and New York City Public Pension Boards (NYCERS) submitted six shareholder proposals asking banks to disclose a novel metric for assessing their progress towards their net zero targets and contributions to the clean energy transition.

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Chris Hall

NOVEMBER 1, 2024

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. The new government must rectify this and produce a detailed, complete programme showing how it will reach net zero by 2050,” he advised.

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Corporate Knights

JUNE 26, 2024

New figures showed that carbon emissions in 2022 fell to “significantly lower” than pre-pandemic levels in 2019, giving hope that Canada can meet its net-zero commitments. In early May, the federal government announced that Canada had “bent the curve” on climate pollution. for the average large Canadian corporation.

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3BL Media

OCTOBER 1, 2024

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 Paris Agreement.

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Chris Hall

OCTOBER 19, 2023

Around three quarters of real estate fund mangers globally have introduced net zero policies with around half publishing net zero commitments and implementing net zero targets, suggesting a growing alignment of the sector with the goals of the Paris Agreement.

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Chris Hall

JANUARY 3, 2024

The limits of fiduciary duty and corporate engagement could see institutional investors embrace systemic stewardship in 2024 to meet 1.5°C-aligned All this suggests 2024 will prove a difficult and perhaps pivotal year for asset owners looking to make headway on their net zero commitments. C-aligned objectives.

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3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Financial institutions have a major role to play in decarbonising the economy toward net zero over the coming three decades.

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3BL Media

JANUARY 12, 2024

January 12, 2024 /3BL/ - Rayonier Inc. By signing The Climate Pledge, Rayonier joins a growing community of over 460 companies that are committed to achieving net-zero carbon emissions by 2040, a decade ahead of the Paris Agreement's target. Originally published on Rayonier.com WILDLIGHT, Fla.,

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3BL Media

SEPTEMBER 25, 2024

Veolia North America Sustainability Report 2024 OUR CLIMATE COMMITMENT In 2021 Veolia Group committed to Science Based Targets’ Business Ambition for 1.5°C C campaign, and in 2024 Veolia became the first company to obtain double validation of its climate commitments by both SBTi and Moody's. C target.

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3BL Media

DECEMBER 4, 2023

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the Paris Agreement 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 Paris Agreement took place.

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Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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Corporate Knights

JANUARY 23, 2024

It marked the first time the international community assessed its collective progress in reducing greenhouse gas emissions since the Paris Agreement in 2015. The post Corporate climate action: 3 acceleration areas to get ahead on in 2024 appeared first on Corporate Knights.

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Chris Hall

SEPTEMBER 19, 2024

The Science Based Targets initiative ’s (SBTi) much-anticipated Financial Institutions Net Zero (FINZ) standard is expected to place banks under more pressure to increase their climate-related transparency and ambition.

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3BL Media

NOVEMBER 21, 2024

COP, which stands for Conference of Parties, is the series of formal meetings, where governments assess global efforts to advance the Paris Agreement and the Convention. The next Conference is currently taking place in Baku, Azerbaijan, in November 2024. Financing for Net-Zero (or How to Fund the Trilemma?)

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ESG Today

MARCH 4, 2025

International banking group Standard Charteredannounced the release of its inaugural Transition Plan, outlining its detailed plan to achieve its climate goals, including its target to reach net zero emissions across its financing activities by 2050.

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Chris Hall

FEBRUARY 28, 2025

increase in like-for-like sales in its 2024 annual results , and a recurring operating margin of 13.0%. UK banks, on the other hand, followed their transatlantic counterparts in weakening alignment of their business models with net zero objectives.

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3BL Media

MAY 7, 2024

Their vision is for this to be legally binding, much like the Paris Agreement to limit global warming. During the talks, Rwanda and Peru submitted a motion to reduce the production of primary plastic polymers worldwide by 40% by 2040, from a 2025 baseline.

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ESG Today

MAY 22, 2023

Leaders of leading industrial nations at the Japan-hosted G7 summit in Hiroshima made a series of announcements in support of their Paris Agreement commitments to limit global temperature rise to 1.5°C,

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Envirotec Magazine

MAY 22, 2024

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 Paris Agreement – holding global warming to well below 2°C and avoiding the worst impacts of climate change – and what it would take to get there.

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3BL Media

AUGUST 27, 2024

In another of our Top Stories, PwC’s 2024 Voice of the Consumer Survey found that “85% of consumers are experiencing first-hand the disruptive effects of climate change in their daily lives and are prioritizing consumption that integrates sustainability-focused practices.”

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ESG Today

JANUARY 17, 2024

As the world edges closer to 2030 all the evidence suggests we will struggle to meet the original Paris Agreement targets. Here 200 CEO-led organizations, including KPMG, are coming together to accelerate the transition to a net-zero world. My view is 2024 will be a critical year. Embed ESG in everything you do.

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Chris Hall

JANUARY 17, 2025

The CSRD, now in its first year of active reporting, requires large public-interest entities to submit inaugural disclosures for 2024. Adding to the regulatory challenge, the Science Based Targets initiative (SBTi) will review its Corporate Net Zero Standard this year. Novel quality standards for Article 6.4

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Corporate Knights

DECEMBER 13, 2023

The COP28 decision text, released Wednesday morning, included language about “transitioning away from fossil fuels in energy systems” and “reducing both consumption and production of fossil fuels in a just, orderly and equitable manner so as to achieve net zero by, or before, or around 2050 in keeping with the science”.The

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Chris Hall

FEBRUARY 14, 2025

It also aims to address what the statement brands a material divergence between asset owner expectations and implementation of climate stewardship, which is limiting progress towards a net zero and improved outcomes for beneficiaries.

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ESG Today

JANUARY 5, 2023

trillion in assets under management announced today the filing of a resolution at global mining and commodities company Glencore, calling for increased transparency into the company’s thermal coal production plans, and its alignment with lower demand for the resource in a net zero scenario, and with the company’s own climate commitments.

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3BL Media

MAY 14, 2024

May 14, 2024 /3BL/ - Keysight Technologies, Inc. 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.,

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3BL Media

JUNE 26, 2024

June 26, 2024 /3BL/ - The International Living Future Institute (ILFI) Zero Carbon Certification offers organizations a valuable tool to demonstrate credible climate action. With the new standard, we aim to accelerate change and enable large-scale adoption and impact, and rise to the challenge that the UN Paris Agreement calls for.

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3BL Media

OCTOBER 3, 2024

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 Paris Agreement was a great experience”, said Jim Yuan, Assistant Project Manager at TÜV Rheinland.

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Chris Hall

JANUARY 18, 2023

Net Zero Insurance Alliance plan leaves door open to greenwashing, claim campaigners. A three-pronged framework to guide insurance firms to net zero by 2050 was unveiled at Davos yesterday as proof the industry could “walk the talk” on net zero transition. C above pre-industrial levels by 2100.

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3BL Media

SEPTEMBER 4, 2024

But AB’s CTAF isn’t intended to be a mandatory route to net zero emissions, nor a way to assess transition risk through a single backward-looking metric, such as a carbon footprint. It’s a considered approach that results in a variety of voting outcomes, as these example voting decisions from 2024 highlight.

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ESG Today

JANUARY 13, 2023

C goal of the Paris Agreement. In 2021, the initiative launched a Net Zero Standard to assess and certify companies’ commitments to achieve net zero emissions, with stringent criteria typically requiring decarbonization of 90-95% by 2050, with neutralization of residual emissions that are not yet possible to cut.

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ESG Today

FEBRUARY 16, 2024

Global asset manager AXA Investment Managers (AXA IM) announced today that it has updated its corporate governance & voting policy with more stringent ESG expectations for companies, including a pledge to target high emissions companies lobbying against the goals of the Paris Agreement.

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