How China's 'Belt & Road' initiative could make or break the Paris Agreement
GreenBiz
SEPTEMBER 5, 2019
China is eyeing $12 trillion investment across 126 developing countries by 2030, but will the resulting infrastructure be low carbon?
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Green groups urge UN to raise climate ambition on global shipping
GreenBiz
OCTOBER 20, 2020
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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HSBC is latest bank to pledge net-zero financed emissions by mid-century
GreenBiz
OCTOBER 13, 2020
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. Pull Quote.
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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea
GreenBiz
OCTOBER 26, 2020
A coalition of oil and gas majors are eyeing up the potential to capture carbon dioxide emissions from ships out at sea, teaming up with global tanker owner and operator Stena Bulk to evaluate the feasibility of technology they claim could play a key role in decarbonizing the hard-to-abate sector. percent of global greenhouse gas emissions.
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3M Achieves Science Based Targets initiative Validation, Strengthening Commitment to Decarbonization and Customer Innovation
3BL Media
OCTOBER 3, 2024
C trajectory of the Paris Agreement. percent by 2030, from a 2019 baseline. 3M has a long history of reducing its greenhouse gas emissions.
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Biden Administration Unveils Strategy to Decarbonize Transportation Sector
ESG Today
JANUARY 10, 2023
National Blueprint for Transportation Decarbonization on Tuesday, its multi-department set of strategies and actions aimed at eliminating nearly all emissions from the U.S. National Blueprint for Transportation Decarbonization. The Biden administration released the U.S. transportation sector by 2050. domestic GHG emissions.
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Ten Steps to Create a Successful Decarbonization Roadmap
3BL Media
FEBRUARY 28, 2022
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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Climate policy survives the EU election – for now
Corporate Knights
JUNE 17, 2024
This is the most cost-effective way to ensure energy security, autonomy, competitiveness and decarbonization.” The new coalition can align on a European industrial strategy that delivers on decarbonization goals, reindustrializing the economy and reducing dependency on fossil fuel imports.”
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Dutch Central Bank to Align Equity and Corporate Bond Portfolios with Paris Agreement Goals
ESG Today
DECEMBER 6, 2023
De Nederlandsche Bank (DNB), the central bank of the Netherlands, announced today a new commitment to align its reserves, including its investments in equities and corporate bonds with the Paris Agreement. degrees Celsius compared to pre-industrial levels.
A new Swedish iron processing project could disrupt the global steel industry
GreenBiz
DECEMBER 17, 2020
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.
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3M Commits to Reduce Emissions Across the Value Chain by More than 40% by 2030
ESG Today
OCTOBER 7, 2024
3M announced a series of new and updated climate-related goals, including a new target to reduce absolute Scope 3 greenhouse gas (GHG) emissions by 42% by 2030, on a 2021 basis. C trajectory of the Paris Agreement. Scope 1 and 2 reduction by 2030. reduction in Scope 1 and 2 emissions.
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The biggest carbon losers
Corporate Knights
OCTOBER 11, 2022
This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement.
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Urgent Deployment of Existing Technology Can Get World Close to Net Zero, BloombergNEF’s New Energy Outlook 2024 Shows
3BL Media
MAY 28, 2024
The new report indicates that the speed with which clean technologies and decarbonization of the power sector are scaled up is crucial. The power, transport, industry and buildings sectors transition at different speeds based on the technologies available for them to decarbonize, but all see emissions start to fall immediately.
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PepsiCo, Yara to Provide Farmers with Low-Carbon Fertilizers, Tools to Decarbonize Food Production
ESG Today
JULY 16, 2024
PepsiCo Europe announced today the launch of a new long-term partnership with crop nutrition company Yara aimed at providing farms in the EU and UK with low-carbon fertilizers, crop nutrition programs, and other tools to help decarbonize the food value chain. We’re excited to work with first movers like PepsiCo to help make this a reality.
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Ceres Releases New Guide To Aid U.S. Food Sector’s Climate Transition Plans As Investors Ramp Up Pressure
3BL Media
MAY 24, 2022
The report is part of the Ceres Food Emission 50 initiative, an effort focused on decarbonizing the nation’s food sector. Decarbonizing the U.S. Forthcoming research through the Ceres Ambition 2030 initiative will provide further guidance on climate transition plans for other priority high-emitting sectors. SOURCE: Ceres.
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Zero: Oil industry’s plan for climate action? More fossil fuels
Corporate Knights
NOVEMBER 20, 2023
When you look at the oil industry’s efforts to decarbonize, the results are lacklustre. By our count in 2022 – seven years after the Paris Agreement – the vast majority of oil companies still earn less than 1% of their revenue from renewable sources. Suncor invested 10.4% of its capital on green projects in 2022.
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Qualcomm's Commitment to Net-Zero Global Operational Emissions by 2040
3BL Media
MARCH 25, 2022
These new targets build on our existing greenhouse gas (GHG) emissions reduction goal and includes interim 2030 science-based emissions reduction targets across Scopes 1, 2 and 3. is expected to: Create as many as 300,000 new green jobs by 2030. Why 2040 vs 2050? Why set interim goals? roads for one year.
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My Green Lab Renews Partnership With the United Nations High-Level Climate Champions To Accelerate Healthcare Sector’s Carbon Reduction and Resilience Efforts
3BL Media
AUGUST 18, 2023
My Green Lab Certification was selected as a Race to Zero Breakthrough Outcome in 2021, establishing a target that 95% of labs in biotech and pharma achieve Certification at the highest level by 2030. With only seven years until 2030, we must urgently accelerate the decarbonization of all parts of the economy.
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20 C-suite sustainability champions for 2021
GreenBiz
JANUARY 11, 2021
Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. and globally by 2040. Patrick Collison, CEO and co-founder, Stripe; San Francisco.
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Cascale Expands Manufacturer Climate Action Program
3BL Media
OCTOBER 3, 2024
As an integral part of the Decarbonization Program, MCAP welcomes Cascale members and non-members alike. The organization recently released a data-driven decarbonization roadmap showing that 1,500 manufacturing facilities in nine countries account for 80% of the textile, apparel, and footwear industry’s carbon emissions.
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Scaling private sector climate action: What can we learn from the Paris Agreement?
We Mean Business Coalition
SEPTEMBER 2, 2024
trillion dollar challenge [1] : that’s the amount many expect private companies to step up and deliver toward the global $8 trillion dollars of climate finance needed by 2030. $8 And to do that, various mechanisms and processes have been set out in the Paris Agreement to guide governments and hold them to account.
Expectations Going Into COP28
3BL Media
DECEMBER 4, 2023
Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into landmark developments and prospects this year. I've been participating since COP 21 when the adoption of the Paris Agreement took place.
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Cascale’s New CEO Spotlights the Urgency for the Consumer Goods Industry To Go Further To Tackle the Climate Crisis
3BL Media
SEPTEMBER 10, 2024
September 10, 2024 /3BL/ - Colin Browne, new CEO of the global nonprofit alliance Cascale, today unveiled critical insights to help the industry take a more targeted approach to decarbonization. Cascale has already set a 45 percent reduction target for the textile, apparel, and footwear industry by 2030, in line with the Paris Agreement.
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How Green Methanol Can Help Decarbonize the Chemical Industry
Sphera
APRIL 12, 2022
Decarbonization progress has not kept pace to achieve targets set by the 2015 Paris Agreement, and last November, at COP26 in Glasgow, nations pledged to adjust their CO2 emissions targets by 2030 in an effort to realign with the goal of net zero by 2050. Methanol as a Cornerstone of Decarbonization.
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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals
ESG Today
NOVEMBER 16, 2022
Maersk said that it intends to purchase the full volume of green methanol produced, with options for the output of subsequent facilities at other locations, forming part of the company’s fleet decarbonization efforts. The company has also introduced a principle of only ordering newbuilt vessels that can be operated on green fuels.
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Use of Employee Incentives to Hit Climate Goals More than Doubles Over Past Year: Accenture
ESG Today
NOVEMBER 11, 2024
The report found that most companies are making progress on decarbonization, revealing a 6% annual decrease in average emissions intensity, or emissions per unit of revenue, since the 2016 Paris Agreement. over the prior year, after growing from 27% in 2021.
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Leading on Embodied Carbon
3BL Media
SEPTEMBER 25, 2024
or less in line with the Paris Agreement, it is essential to decarbonize our economy by 2050. And there is no decarbonizing our economy without decarbonizing buildings. Trane Technologies moves to reduce embodied carbon Trane Technologies has announced a commitment to reduce embodied carbon by 40% by 2030.
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Sofidel Commits to Net Zero by 2050
3BL Media
JANUARY 17, 2024
The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.
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First stop: Climate commitments. Next stop: Climate action?
GreenBiz
SEPTEMBER 25, 2020
Google committed to becoming powered by clean energy — in real time — by 2030. . Signatories agree to implement decarbonization strategies in line with the Paris Agreement. Amazon got more companies to sign on to its Climate Pledge , including Best Buy, McKinstry, Real Betis, Schneider Electric, and Siemens.
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Brazil Cuts Amazon Deforestation by 31%, Sets New 2035 Climate Goals
ESG Today
NOVEMBER 11, 2024
The new decarbonization goal, to be officially presented at the COP29 climate conference currently underway in Baku, Azerbaijan, will form Brazil’s second Nationally Determined Contribution (NDC) under the Paris Agreement. Brazil’s current NDC targets a 53% reduction in GHG emissions by 2030. billion tonnes in 2035.
KPMG at COP29 Agenda
3BL Media
NOVEMBER 14, 2024
The agenda focuses on bridging the gap between innovative visions and tangible actions, with a special emphasis on the energy transition, corporate decarbonization, climate finance, food and agriculture, and adaptation and resilience. You’re invited to explore the agenda and register to be part of these progressive conversation.
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Accelerating Climate Action
3BL Media
JANUARY 11, 2024
Scott Tew, VP Sustainability: With the call to triple renewables deployment and transition energy systems away from fossil fuels, Dubai may be the most significant COP since the Paris Agreement in 2015. Is the agreement perfect? How does climate advocacy fit into decarbonization? Of course not. Absolutely.
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IPCC issues final warning about ‘rapidly closing window of opportunity’
Corporate Knights
MARCH 20, 2023
C as a “survival target” for average global warming, and the meeting recognized that the most technically achievable decarbonization options are also the most economically feasible. But there’s still time to take action if countries pick the right decarbonization options and scale up fast. The dangers of overshooting 1.5°C
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Hormel Foods Commits to Value Chain Emissions Reduction
ESG Today
OCTOBER 4, 2023
by 2030, compared to a 2019 base year. The company said that its GHG reduction targets have been validated by the Science Based Targets initiative (SBTi), adding that the goals are aligned with the Paris Agreement ambition to limit average temperature rise to 1.5°C.
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Canada Sets Goal to Reduce Greenhouse Gas Emissions by 45% – 50% by 2035
ESG Today
DECEMBER 13, 2024
While the government described the new goal as the next step in achieving its net zero by 2050, the target would represent only a minor reduction compared to Canadas current 2030 goal, and falls below the 50% – 55% ambition recommended by the government-appointed Net-Zero Advisory Body as required to achieve the 2050 target.
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Three New Business Models to Achieve Carbon-Reduction Goals
3BL Media
SEPTEMBER 23, 2022
This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. The goal of the JCM is to reach a cumulative GHG emission reduction of 100 million tons of CO 2 e by 2030. This type of agreement also helps distribute the project risks, facilitating access to finance.
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UK Commits to Cut Emissions More than 80% by 2035
ESG Today
NOVEMBER 12, 2024
The new decarbonization goal will form the UK’s new Nationally Determined Contribution (NDC) under the Paris Agreement. NDCs are national climate action plans presented by each country under the agreement, and are required to be updated every five years with increasingly higher ambition.
Climate report underscores urgency of advancing battery storage for renewables
Renewable Energy World
AUGUST 20, 2021
This is the primary aim of the Global Battery Alliance (GBA), a public-private partnership founded in 2017 to establish a responsible battery value chain, in recognition of batteries’ role as a key technology to achieve the Paris Agreement. Batteries can play a pivotal role in decarbonizing transport through electrification.
DuPont Joins Semiconductor Climate Consortium as a Founding Member
3BL Media
NOVEMBER 1, 2022
Its vision is to accelerate progressive climate action - including support of the Paris Agreement and related accords - with the goal of limiting global warming potential to 1.5°C. The SCC includes member companies from across the semiconductor value chain.
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Corporate climate action: 3 acceleration areas to get ahead on in 2024
Corporate Knights
JANUARY 23, 2024
It marked the first time the international community assessed its collective progress in reducing greenhouse gas emissions since the Paris Agreement in 2015. Emissions must fall by 42% by 2030 to hold warming at 1.5C (2.7F). As well as training 1 million people in energy management.
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JPMorgan Raises Targets to Reduce Financed Emissions to Align with Net Zero by 2050
ESG Today
NOVEMBER 16, 2023
The new targets form part of the company’s commitment, announced in October 2020 , to align its financing activities with the goals of Paris Agreement, and to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world.
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JPMorgan Unveils Financed Emissions Goals for Aviation, Steel and Cement Sectors
ESG Today
DECEMBER 28, 2022
JPMorgan Chase announced the expansion of its 2030 financed emissions targets to a series of new carbon-intensive sectors including Aviation, Iron and Steel, and Cement. The targets also mark an expansion of the sectors covered by the firm’s 2030 financed emissions goals. Last year, JPMorgan became the first large U.S.
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Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28
3BL Media
NOVEMBER 30, 2023
Accelerating decarbonization requires not only innovation, but also advocating for policies that remove barriers and support adoption at scale,” said Scott Tew, vice president of Sustainability, Trane Technologies. As the window for limiting global warming to 1.5°C
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HSBC Launches Net Zero Transition Plan
ESG Today
JANUARY 25, 2024
The launch of the plan follows HSBC’s initial 2050 net zero target , set by the bank in 2020, which included a commitment to align its financing activities with the goals of the Paris Agreement, with the carbon emissions of clients and projects financed by HSBC reduced to net zero by 2050 or sooner.
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