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SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates. Wyburd said that while carbon credits and removals can support the path to net zero, they must never be a substitute for internal decarbonisation.

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PepsiCo CSO on embedding sustainability into 'day-to-day business'

GreenBiz

The number of companies proclaiming their intent to go net-zero by 2050 has expanded exponentially in the past 12 months, but the ones short-cutting that commitment by a decade are a rarer breed. The extension will see $6 million more invested through 2026, initially in the Dominican Republic, Ecuador and Guatemala.

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Institutional Investors Prepare for AGM Battle with BP

Chris Hall

BPs decision to retreat even further on its climate commitments has elicited strong criticism from a group of its institutional investors, which are concerned that the companys revised strategy isnt consistent with the Paris Agreement to limit global warming nor in line with its pledge reach net zero by 2050.

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A Principled Stance

Chris Hall

Chris Skidmore, former MP and author of the net zero review, talks about what the next UK government should do to get the country’s net zero commitments back on track. “I cannot vote for the [Offshore Petroleum Licensing] bill next week. In May, a High Court ruling ordered it publish a revised net zero strategy.

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Robeco to Target Sustainable Fashion, Ocean & Climate Sustainability, ‘Forever Chemicals’ in Corporate Engagements

ESG Today

Under its ongoing “acceleration to Paris” theme, initially launched in late 2021, Robeco said that it will place a greater emphasis on speeding up the transition of business models to meet the Paris Agreement temperature goals, targeting high-carbon companies lagging behind in the net-zero transition.

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GHG Accounting and Science-Based Target Setting for Financial Institutions and Private Equity

Sphera

To decarbonize the global economy in alignment with the goals established by the Paris Agreement, all economic actors in the real economy need to reduce their greenhouse gas (GHG) emissions sufficiently to align with required emissions pathways. From 2026, this will apply for all sectors.). Celsius with no or limited overshoot.

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UK CBAM Success Hinges on EU Ties

Chris Hall

The UK government decided to implement a UK CBAM in order to reduce carbon leakage risk, and has further recognised that the mechanism is an important part of “delivering the energy transformation needed to achieve net zero”.