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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

The global shipping industry's decarbonization efforts once again face stormy seas. 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.

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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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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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Ten Steps to Create a Successful Decarbonization Roadmap

3BL Media

Last year saw significant activity as governments, utilities, businesses and other entities zoned in on mitigating climate change by setting aggressive decarbonization goals in an effort to lower carbon emissions. Look for easy-to-decarbonize areas of your operations where you can make a difference right away. Accept uncertainty.

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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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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supply chain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later.

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Volvo Targets 75% Emissions Reduction per Car by 2030

ESG Today

Volvo Cars announced a new climate-related commitment, unveiling a new aim to reduce CO2 emissions per car by 75% by 2030, compared to a 2018 baseline. What we and other like-minded companies are trying to do is develop and scale up transformational technologies to decarbonize sometimes ancient industrial processes.”