article thumbnail

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. Is Bitcoin the next stranded asset? The post The crypto industry was supposed to decarbonize by 2025 - how’s that going? The CCA set two interim objectives. RELATED: Ethereum goes green overnight.

article thumbnail

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

Chris Hall

In September, the Labour government announced plans to set the UK’s nationally determined contributions for 2035 between November 2024 and February 2025. In addition, the government is due to agree the seventh carbon budget in 2025, which will cover the period from 2038-2042. It’ll be a mess.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The biggest carbon losers

Corporate Knights

While some investments are neutral (deemed neither “clean” nor “dirty”), in many cases these companies are still investing most of their capital into assets that will either lock in further GHG emissions or become stranded assets as the energy transition takes shape. dollars) through 2030. Whereas just 2.7%

article thumbnail

Call to Support Climate Disclosures in UK Prospectus Rules

Chris Hall

The consultation closes on 18 October, with the FCA aiming to finalise rules by the end of H1 2025. Earlier this week, climate change think tank Carbon Tracker hosted a webinar to highlight the opportunity for investors to influence the FCA’s Public Offers and Admissions to Trading Regulations regime (POATR) consultation.

article thumbnail

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

ESG Today

Commenting on the updated targets, Follow This founder Mark van Baal accused the company of “backtracking” on its climate ambitions, putting the company’s future at risk “through policy interventions, disruptive innovation, stranded assets, and accountability for the costs of climate change.”

article thumbnail

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.

Net Zero 147
article thumbnail

Creativity and Collaboration Vital to Finance Nature

Chris Hall

Convened at COP26, we have already worked to set industry-wide standards for engagements, and are using these, together with the fast-growing set of tools, data and roadmaps to use our best efforts to eliminate the deforestation in our portfolios by 2025. We need to ensure the regulatory environment supports JBS in this mission.