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Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I
In this Teal Talks episode, we hear from leading environmental experts on the impacts of climatechange on health and how businesses can make a difference. DESCRIPTION: Climatechange doesn’t only affect the health of our planet — it also impacts the health of our people. Climate vulnerability.
HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with globalclimate targets by mid-century. They care as citizens, consumers and business owners. They care as citizens, consumers and business owners.
Originally published in International Paper's 2023 Sustainability Report Celebrating a decade with our company, Sophie Beckham is vice president and chief sustainability officer at International Paper, where she works across the enterprise to advance sustainability strategy development and the company’s Vision 2030 goal implementation.
Seasoned observers fear that growing calls for a bolder and more ambitious global policy framework are continuing to founder on the rocks of vested interests and short-term cost concerns. .
Photo: CARE Peru Data from the Gates Foundation suggests that investing in the economic power of women like Fariha could boost the globaleconomy by as much as $10 trillion by 2030 – twice the GDP of Japan, the world’s third largest economy. Elizabeth Vargas Vilca and her staff at her shoe manufacturing business.
However, the company’s plan to invest up to $46 billion over the next 15–20 years to expand into an emissions-free iron process being piloted in Northern Sweden is big news for Sweden, the global steel industry and future generations around the world. Change requires exploration of new concepts and solutions.
WRAP warns that food loss and waste have devastating impacts on society and globaleconomies too. The World Economic Forum estimates that food loss and waste costs the globaleconomy $936 billion a year, while more than 783 million people go hungry and a third of humanity faces food insecurity.
announced the launch of its new Sustainable Investments 2030 Strategy, aimed at accelerating its transition to a net zero emissions portfolio, and including a new pledge to invest $100 billion in climate solutions by 2030.
We are also at a tipping point in climatechange. Climate-related disasters displaced three times more people than conflict and violence in 2020, jeopardizing education for millions of children. Climatechange is also why the renewable energy sector is booming, opening new jobs with new challenges and skill requirements.
food sector have disclosed their climate transition strategies nor concrete actions to achieve them, despite increasing investor pressures and the growing threats of climatechange. The Investor Guide to Climate Transition Plans in the U.S. None have published a climate transition plan. by the end of the decade.
The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climatechange and the ongoing practices of the world's leading banks. And yet, today's report comes within hours of the U.K.
You sigh with relief knowing that the world had accomplished something no one thought was possible: We’d turned back the clock on climatechange. Much of the current conversation around climatechange focuses on the obstacles that make the problem so difficult to solve.
In a letter from the organization to ING Group Chair Steven van Rijswijk, Friends of the Earth argued that under Dutch law, companies have a “duty of care” obligation to not create dangers that can cause avoidable damage to people or property, which it says applies to climatechange.
Some 15 mayors have signed the declaration to increase the pace at which their cities are deploying renewable energy resources to create healthier communities, improve air quality, create green jobs and protect their most vulnerable residents from the impacts of climatechange. million green jobs annually by 2030.
LanzaJet said that Freedom Pines will serve as a blueprint for its technology to scale SAF production, as the company targets reaching 1 billion gallons of SAF production by 2030. Additional investors in the company include All Nippon Airways, Breakthrough Energy, British Airways, LanzaTech, Mitsui & Co., Shell , and Suncor Energy.
Between a selfish free-for-all in which we ignore the fate of the losers, and a future in which the strong and successful accept their responsibilities, showing global vision and leadership. The 2030 Agenda for Sustainable Development will not be delivered through incremental improvements to business as usual. Have we lost our way?
Adam Kanzer, Head of Stewardship, Americas, BNP Paribas Asset Management, said: “Over the years, there have been many important investor engagements with corporations that touched on aspects of the biodiversity crisis, but none that placed biodiversity front and center, focusing on reversing nature loss by 2030. We have no time to lose.”.
dollars by 2030[1]. AI’s contribution to environmental applications Without major changes to the way we treat our planet, it will suffer unrepairable damage, but AI can be a powerful tool when it comes to tackling climatechange, biodiversity loss, and pollution, helping to create a brighter, more sustainable future.
UK-based bank Barclays will no longer directly finance new oil and gas projects, and will require its energy sector clients to produce transition plans or decarbonization strategies by the beginning of next year, according to a new “ClimateChange Statement” released by the bank.
By: Emma Cutler, Senior Analyst, Verdantix News of climatechange- and El Nino-driven drought slowing traffic in the Panama Canal hit headlines last week. Where the news will likely never appear, however, is firms’ own reporting, even for those that experience significant losses, at least not as a climate-related loss.
DESCRIPTION: The 27th United Nations (UN) Conference of the Parties (COP), which took place this November in Sharm El Sheikh, Egypt, marked a significant milestone in developing action against climatechange. Climatechange inequality, contributors and sufferers, has been a key agenda item at COP for many years.
Amidst the escalating impacts and threats of climatechange, heads of state, negotiators, climate scientists, activists and business leaders prepare to meet for COP27, taking place in Sharm El-Sheikh, Egypt. The consequences of inaction are already being felt globally, with the world’s vulnerable most severely impacted. .
Appointments of new COP26 President and Environment Secretary triggers renewed efforts to demonstrate the benefits of biogas for decarbonising the UK and globaleconomies. The industry can also help reduce the carbon footprint of hard-to-decarbonise sectors such as heat, transport, waste management and agriculture.
This innovative resource - launched at the COP28 Nature Pavilion in Expo City, Dubai - helps organizations navigate the landscape of nature and climate assessment methodologies and disclosure frameworks and surfaces leading tools that enable meaningful nature and climate action that can improve their environmental and business performance.
Anything with "technology convergence" and "climatechange" in the same sentence captures my attention. Rethinking Humanity " makes the case that the convergence of key technologies is about to disrupt the five foundational sectors that underpin the globaleconomy, and with them every major industry in the world. .
Natural capital provides the building blocks that enable ecosystem services—the positive benefits that societies and economies derive from nature—to sustain life and create wealth. That’s why biodiversity loss alone could cost the globaleconomy trillions of dollars in the coming years, in addition to trillions more related to climatechange.
Participating investors will focus on mobilizing companies deemed to be systemically important to the goal of reversing nature and biodiversity loss by 2030; the initiative is encouraging investor signatories to participate ahead of its spring 2023 launch. Mindy Lubber, CEO and President, Ceres, said: “The globaleconomy depends on nature.
HP has reported on its Sustainable Impact goals and progress for more than two decades and was among the first companies globally to publish its complete carbon footprint over 10 years ago. The company is aiming to halve greenhouse gas emissions by 2030 and reach net-zero emissions by 2040. The company reported that $3.5
In September, 90 organizations led by the World Wildlife Fund urged the world’s central banks to add a strong climate commitment to their mandates: a 50% reduction in greenhouse gases by 2030, as well as net-zero emissions and full biodiversity recovery by 2050. Create money to tackle a crisis.
Whether it’s climatechange, declining salmon, more expensive forestry operations, forest fires, the list is pretty long in terms of the feedback that we’re getting.” Then in 2022, Canada hosted the UN Biodiversity Conference (COP15) in Montreal, where member countries agreed to protect 30% of their land and water by 2030.
A group of CEOs from leading companies and financial institutions issued a call upon G7 governments to institute policies and practices enabling private sector capital mobilization for investment in the transition to a low carbon globaleconomy. In the letter, the executive wrote: “Tackling climatechange is complex and expensive.
Marking a clear starting point for reporting progress in coming years, the baseline is part of the Coalition’s ambition to halve food waste in their business by 2030, in alignment with Sustainable Development Goal 12.3 We will not tackle climatechange if we don’t fix our broken food system, and not least food waste.
Benchmark assessments are a cornerstone of Climate Action 100+ and are intended to help inform investors’ engagement strategies and wider public debate. Ahead of the critical milestone of 2030, the importance of constructive engagement between corporates and investors has never been greater.”
COP26 focused the attention of governments and businesses on a key targe t: limiting global temperature rise to 1.5C by halving global emissions by 2030. The Glasgow Climate Pact made clear that the days of coal and fossil fuels are numbered, that carbon markets are here to stay, and that deforestation must come to an end.
“Over the last two decades working in sustainable finance, I’ve seen first-hand that successfully integrating sustainability and climatechange considerations into decision-making processes is critical if investors, banks and companies are to fully understand risks and opportunities in a rapidly evolving globaleconomy,” said Mattison.
As such, our activity focuses on ambition and engagement that accelerates the transition in the sectors and markets where change is needed most, and where the impact of climatechange is often most acute. The SBTi statement added: “We cannot limit global warming to 1.5°C
We are living through the fastest and most systemic overhaul of the globaleconomy in human history. The elements of the agreement track closely to our 2030 Sustainability Commitments , including targets aligned with 1.5 And we get to be a part of it. It saves money and reduces emissions.
“The harsh reality is that emissions are continuing to rise,” says Philipponnat, adding that much of the discussion among policymakers has centred around reducing the CO2 intensity of our globaleconomy. As these perilous climate projections unfold, one might expect an inevitable upheaval in the globaleconomy.
The guidelines released alongside the framework provide a standardized methodology to ensure that future government support is aligned with the country’s climate and energy priorities, and precludes funding of discretionary programs not aligned with the framework.
The global trade and logistics firm commits to reduce scope 1 greenhouse gas (GHG) emissions 42% by 2030 from a 2022 base year*. The SBTi is a world leading authority in advancing private sector progress to reduce GHG emissions, helping prevent the impacts of climatechange.
DESCRIPTION: As the world continued to experience the direct and indirect impacts of the COVID-19 pandemic, including global supply chain disruptions, resource shortages, employment challenges and inflation – these have not been easy times. This tragic and terrible war, which we strongly condemn, unfortunately shows no signs of abating.
This is why establishing the Transition Finance Council is so important.” The TFMR report noted that decarbonising the globaleconomy will require an estimated annual investment of US$3.5 Short-term climate scenarios were published this year by the Network for Greening the Financial System. trillion to US$9.2
A lack of infrastructure and inadequate funding have been identified as the biggest barriers to using green hydrogen as an enabler of the energy transition and the decarbonization of the globaleconomy. The three companies seek to use clean hydrogen to achieve their 2050 carbon-neutral targets, as well as help fight climatechange.
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