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

GreenBiz

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 global climate targets by mid-century. Pull Quote. Finance & Investing.

Net Zero 402
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BP hits the brakes on transition away from fossil fuels

Corporate Knights

The company is still committed to being net-zero by 2050, but observers say it’s a lot harder to see a pathway to reach such a goal without a stronger target for 2030. Follow This plans to introduce a resolution at BP’s annual general meeting in May calling for the company to align its 2030 targets with the Paris Agreement.

Net Zero 337
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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

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. .

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The 25 most sustainable private companies in the world

Corporate Knights

While publicly traded companies often dominate the headlines, private companies are a much larger part of the global economy. A new project to transport wind energy to the Ruhr region will make an important contribution to the security of supply in Germany and Europe in the future as early as 2030, Amprion CTO Hendrik Neumann says.

Net Zero 209
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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. New challenges, new opportunities. Change requires exploration of new concepts and solutions.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates. This includes to publish and implement a policy to phase out the financing of coal-fired power and thermal coal mining by 2030 in markets in the European Union and OECD, and by 2040 in other markets.". "We

Net Zero 398
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The world has consumed half a trillion tonnes of virgin materials since the Paris Agreement

Envirotec Magazine

The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. billion last year. C at the COP26 summit in Glasgow.