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Data Center Developer Equinix Issues $1.2 Billion of Green Bonds

ESG Today

billion) in green bonds, with proceeds aimed at financing green projects at the company including renewable energy and decarbonization solutions. According to the International Energy Agency (IEA), data centers consumed 460TWh in 2022, with this figure projected to possibly double by 2026. billion (USD$1.21

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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

Alternatively, companies will be able to contribute to a decarbonization program for up to 10% of their emissions, or use GHG offset credits to 20%, with the combined options accounting for no more than 20% of their emissions. The sector is also a major employer in Canada, supporting approximately 400,000 jobs.

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3M Advances Decarbonization Technologies, Showcases Power of Science To Address Climate Change During Climate Week NYC

3BL Media

DESCRIPTION: 3M is expanding research and development into emerging technologies focused on decarbonization and renewable fuels. Their work builds upon current climate-focused solutions from 3M, which will be on display at a temporary 3M Climate Innovation Center during Climate Week NYC, Sept. billion by 2026.

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New York Bans Fossil Fuels in New Buildings Starting 2026

ESG Today

New York will become the first state to ban the use of gas stoves and heating, according to new rules released with Governor Kathy Hochul’s 2024 Budget, which included measures to decarbonize buildings and to invest in new renewable energy projects aimed at helping the state achieve its climate goals.

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Volvo, Chrysler maker swerve away from lobby group over EU electric car mandate

Corporate Knights

Effectively, the new standard will be electric vehicles – with the EU deferring until 2026 a decision on whether to phase out combustion/electric hybrids by 2035. Policies put in place in the next few years will decide whether the world has a fighting chance to curb climate change,” said the letter signed by 28 companies. “To

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Canadian pension funds are making climate promises they’re not backing up

Corporate Knights

Most funds continue to keep their beneficiaries in the dark about how they plan to manage climate-related financial risks. However, most funds are also failing to disclose climate plans with the urgency required to address the systemic risks created by climate change.

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ESG is the private equity industry’s next frontier

Corporate Knights

In 2021 , the PE industry reached more than US$5 trillion in assets under management, with expectations to grow well beyond $11 trillion by 2026. made its first investments in 2022, choosing a trio of Vancouver-based funds focused on entrepreneurs driving climate change action, advancing reconciliation efforts, and innovating for the future.

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