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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. LKAB is also setting itself up as a single company to grow its DRI capacity by 30% per year over 20 years.

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Climate policy survives the EU election – for now

Corporate Knights

If the far-right National Rally (RN) wins the domestic elections scheduled for June 30 and July 7, it would claim the post of prime minister, while Macron would continue as president until 2027. She did promise not to take France out of the Paris Agreement, at least.

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Euronext to Require Science-Based Emissions Reduction Targets from Suppliers

ESG Today

By 2027, its suppliers, which represent 67% of Euronext’s GHG emissions derived from purchased goods and services, will also have to set targets on their Scope 1 and 2 emissions. C compared to pre-industrial levels, as set out in the Paris Agreement. from a 2019 baseline.

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Shell’s Empty Transition Promise

Chris Hall

They called for the company to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement and take more ownership of its Scope 3 emissions. “Shell’s updated strategy has moved the company even further away from Paris Alignment,” says Van Baal. The ball is now in the investors’ court. “But

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EU Parliament Adopts Environmental, Human Rights Sustainability Due Diligence Law

ESG Today

The law also requires companies to adopt transition plans to align their businesses with the Paris Agreement goal with limiting global warming to 1.5°C, billion in 2027 followed by companies with more than 3,000 employees and €900 million revenues in 2028, and for all other companies in the scope of the law in 2029.

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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals

ESG Today

We have set a 2040 net zero target for our entire business – but importantly to stay in line with the Paris Agreement, we have also set 2030 targets to ensure meaningful progress in this decade.”. The commercial start for the project is anticipated to commence in 2027.

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Beware the Green Swan

Chris Hall

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. C by 2027. GHG emissions are still hovering around 40 gigatonnes of CO2 per annum.