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Green steel may be a climate game-changer. Which carmakers are making the shift?

Corporate Knights

BMW announced its procurement of “carbon-reduced” steel supplied by H2 Green Steel, based in Sweden, and has partnered with Salzgitter AG to receive “low-carbon steel” in 2026. The authors further argue that the auto sector is in a unique position to push the steel industry to decarbonize. We’d like to see more ambition,” Negri adds.

Net Zero 205
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UBS Pushes Back Net Zero Target by 10 Years Following Credit Suisse Acquisition

ESG Today

HSBC , for example, recently pushed back its own target to achieve net zero emissions in its operations and supply chain by 20 years to 2050, and placed its interim financed emissions targets under review, all major U.S.

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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 oil and gas sector is the largest source of GHG pollution in Canada, accounting for more than 30% of national emissions.

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Schneider Electric and Microplásticos Work Together To Decarbonize Supply Chain

3BL Media

DESCRIPTION: Microplásticos announces goal of being Net-Zero in Scope 1 and 2 by 2030. Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supply chain. To learn more about Schneider Electrics Zero Carbon Project, click here. About Schneider Electric.

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H2SITE Raises $37 Million to Scale Up Hydrogen Transport Solution

ESG Today

The company said that it plans to use the new capital to reach multi tons per day hydrogen production capacity in operation by 2026, and to addressseveral end-use markets such as large scale and decentralized ammonia cracking, natural hydrogen production in the USA and maritime decarbonization applications.

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

Corporate Knights

A growing number of Canada’s largest public pension administrators and investment managers have made net-zero-emissions commitments. The responses lacked consistency on climate risk disclosure, pathways to achieve net-zero emissions, and robust near-term action for managing climate risks and meeting long-term targets.

Net Zero 335
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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. Last year, the organization launched its Net Zero Standard , setting stringent criteria which it uses to assess and certify corporate commitments to achieve net zero emissions.

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