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The music industry changes its tune on climate change

Corporate Knights

s Association of Independent Music launched the Music Climate Pact , which was signed by all three major labels – Universal, Warner and Sony – along with large indies like Secretly Group and Ninja Tune. The post The music industry changes its tune on climate change appeared first on Corporate Knights.

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

ESG Today

Canada has set national climate goals including commitments to cut GHG emissions by 40% – 45% by 2030 , and to reach net zero emissions by 2050. The sector is also a major employer in Canada, supporting approximately 400,000 jobs.

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

Corporate Knights

Canada’s pension beneficiaries are increasingly worried about how their pensions are being invested in the face of a rapidly worsening climate crisis. A growing number of Canada’s largest public pension administrators and investment managers have made net-zero-emissions commitments.

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Firmenich Commits to Net Zero Emissions by 2039, Climate Targets Approved by SBTi

ESG Today

Fragrance and taste company Firmenich announced a commitment to achieve net zero greenhouse gas (GHG) emissions across its value chain by 2039. SBTi is one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of addressing and limiting climate change.

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UK Climate Change Committee Appoints Emma Pinchbeck as New Chief Executive

ESG Today

The Climate Change Committee (CCC), the UK government’s climate advisor announced today the appointment of Energy UK CEO Emma Pinchbeck as its new Chief Executive. She has also served as Head of Climate Change and Energy at WWF-UK, and has worked in finance and in commercial consulting for start-ups in the energy sector.

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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. As of May 2022, the Net Zero Asset Managers initiative (an international group of asset managers committed to net-zero) had grown to 273 investors who collectively manage US$61.3

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

Corporate Knights

In late June, the environment ministers of the 27 European states agreed to reduce the allowable CO2 emissions of new vehicles in 2035 to zero – putting an end to engines running on gasoline, diesel or natural gas. Meanwhile, California regulators are also working toward a 2035 ban on new fossil-fuel vehicles.