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

ESG Today

The announcement by UBS marks the latest in a series of moves by banks globally to withdraw or pull back on climate commitments, although UBS changes appear less drastic than those by some of its peers.

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DP World Sets New Ambitious Carbon Reduction Target As It Secures SBTi Validation

3BL Media

DUBAI, United Arab Emirates, August 27, 2024 /3BL/ - DP World , a global leader in logistics and supply chain solutions, has secured validation from the Science Based Targets initiative (SBTi) for its ambitious commitment to reduce its carbon footprint.

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Tetra Pak Sustainability Report FY22: Acting for Nature

3BL Media

Nature underpins societal wellbeing by providing basic life support services and material goods such as soil, air, water, food, fuel, and fibre 1 , so the impacts of nature loss are wide-reaching and threaten the foundations of our global economies, livelihoods, and food systems 2,3.

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COP29: Crucial Moment For Business To Accelerate Global Climate Action

We Mean Business Coalition

A critical element of this financial framework is expected to be thrashed out at COP29 in Baku, where the new global climate finance goal will be on the agenda. This new goal (called NCQG) will set the baseline for public climate finance flows to developing countries from 2026 onward.

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Biodiversity Gains Ground

Chris Hall

Aiming to support companies as they meet growing demands from stakeholders, the new standard introduces more transparency on supply chains, location-specific impact reporting, new disclosures on direct drivers of biodiversity loss, as well as reporting requirements for societal impacts.

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Take Five: From America to the World

Chris Hall

Next year, that figure will go up to 70%, and to 100% from 2026 and beyond. This would help increase inward investment and ensure that renewable energy supply chains are scaled up significantly to meet renewable energy targets by 2030.” The post Take Five: From America to the World appeared first on ESG Investor.

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Trump and the Business of Climate Change

Chris Hall

Scientists, policymakers and campaigners have been quick to express fears for what the next four years could mean for climate action, with Rachel Cleetus, Policy Director at the Union of Concerned Scientists, warning : “The nation and world can expect the incoming Trump administration to take a wrecking ball to global climate diplomacy.” Physical (..)