Remove 2025 Remove Net Zero Remove Stranded Assets
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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. The second aim states that signatories should achieve net-zero emissions from electricity consumption by 2030. Is Bitcoin the next stranded asset? The CCA set two interim objectives.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Those organisations that have not considered reducing these emission sources could be misunderstanding the double materiality risks they carry: the risks to their business, like stranded assets or reputational risks, and their contribution to making the Earth uninhabitable. However, greater action is required to fully realise this.

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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

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. It’ll be a mess.”

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Shell Sets 2030 Goal to Reduce Emissions from Customers’ Use of Gasoline and Diesel

ESG Today

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its “Powering Progress” strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

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Turn Commitments into “Hard Numbers”, says GFANZ’s Carney

Chris Hall

Financial institutions need to segment their portfolios into transition, net zero-aligned and stranded assets and develop clear emissions reduction plans in line with recognised 2030 and 2050 targets, said Mark Carney, Founder and Co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ).

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Is the IMO Turning the Tide on Transition?

Chris Hall

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. For the first time, the IMO has also agreed on an overarching objective to achieve net zero greenhouse gas (GHG) emissions by or around 2050.

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COP27: Get finance flowing in the right direction so business can cut emissions faster

We Mean Business Coalition

As the voice of progressive business, We Mean Business Coalition is calling on governments to urgently deliver on the $100 billion commitment and make progress on post-2025 climate finance plans. Will a company’s investment take it a step closer towards a net zero world, or will it be a stranded asset tomorrow?