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COP26 Achieves Methane Milestone - Corporates Must Act, Across Value Chains

3BL Media

The COP26 summit in Glasgow received mixed reactions from activists and onlookers, with many arguing that national leaders remain too lax on a time-bound strategy for halting global warming to 1.5°C Tweet me: At #COP26, more than 100 countries promised to cut their methane emissions by at least 30% by 2030. SOURCE: EcoVadis.

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Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

DESCRIPTION: The United Nations Glasgow Climate Change Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action . SOURCE: AllianceBernstein. The problem?

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India Commits to 45% Emissions Intensity Reduction by 2030

ESG Today

The Government of India announced the approval by cabinet of a new series of 2030 climate commitments, including a pledge to reduce emissions intensity by 45% and to transition to approximately 50% electric power from non-fossil-based sources. The post India Commits to 45% Emissions Intensity Reduction by 2030 appeared first on ESG Today.

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UAE Plans to Invest $54 Billion by 2030 to Meet Sustainable Energy Demand

ESG Today

It was also the first country in the Middle East to set a net zero goal, which it announced in 2021, ahead of the COP26 climate conference. Notably, however, ADNOC also recently accelerated its goal to increase hydrocarbon production capacity to 5 million barrels per day by 2027 from its previous 2030 target.

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Unilever sets out net-zero plans for shareholder vote

GreenBiz

The Anglo-Dutch firm first announced plans to give its shareholders a direct say over its climate action strategy back in December , in a bid to boost corporate transparency and governance surrounding its drive to reach net-zero emissions for its core business by 2030 and across its entire supply chain by 2039. Climate Summit later this year.

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Kimberly-Clark Reports Progress Toward 2030 Sustainability Goals

3BL Media

Climate – Consistent with the world’s enhanced climate action commitments coming out of COP26, the company made progress against ambitious targets approved by the Science Based Targets initiative (SBTi) for reducing our Scope 1 and 2 greenhouse gas emissions by 50% and our Scope 3 emissions by 20% – all by 2030. Read the Report.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

IMO member states are meeting this week for critical talks to discuss how the carbon-intensive shipping industry can be regulated to meet its 2030 climate target of reducing its carbon emissions intensity by 40 percent compared to 2008 levels. As the U.K. has a role to play in pushing for the highest possible ambition at this week's talks.

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