GreenBiz

DECEMBER 7, 2020

The financial services firm recently completed the purchase of the first tranche of reef credits and plans to continue buying them as part of its net-zero commitment. per credit, and GreenCollar estimates that the market for reef credits could be worth over 6 million credits by 2030. . HSBC paid $36.40 Pull Quote.

Net Zero 467

Net Zero Climate Change Paris Agreement Supply Chains 467

3BL Media

NOVEMBER 4, 2024

DÜSSELDORF, Germany, November 4, 2024 /3BL/ - In line with its ambitions for sustainability within its agenda for purposeful growth, Henkel has defined a net-zero roadmap, substantially extending its targets for emissions reduction along the value chain. We all have to take responsibility and help limit global warming to 1.5°C,

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Net Zero Paris Agreement Supply Chains Supply Chain 130

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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Net Zero Supply Chains Supply Chain Manufacturing 147

3BL Media

NOVEMBER 10, 2022

DESCRIPTION: PARIS and SHARM EL-SHEIKH, Egypt, November 10, 2022 /3BL Media/ — The Consumer Goods Forum (CGF) has launched the Net Zero Playbook for Consumer Industries in collaboration with its members, Accenture and the Race to Zero. Click here to access the Net Zero Playbook for Consumer Industries. # # #.

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Net Zero COP26 Climate Change Paris Agreement 173

Corporate Knights

DECEMBER 19, 2022

HSBC announced last week that it will continue to support production in existing fields to provide an “orderly transition” to a net-zero world by 2050. HSBC will maintain its financing and investment in existing oil and gas fields at 2020 levels through 2030 and then reduce it by half by 2050.

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Net Zero Banking Paris Agreement Climate Change 317

Corporate Knights

OCTOBER 21, 2024

Under the 2021 Net-Zero Emissions Accountability Act, Ottawa must publish targets for 2035 by December 1, and Environment Minister Steven Guilbeault has confirmed the government will release the proposed targets on schedule. Under the Paris climate agreement, countries are expected to ratchet up their targets every five years.

Net Zero 309

Net Zero Paris Agreement Climate Change Supply Chains 309

Corporate Knights

FEBRUARY 14, 2023

The company was one of the first oil majors to commit to being net-zero in 2050 and was showing signs it was open to speeding up its transition to a low-carbon future. And at the end of January, the company even predicted that oil demand would peak by the early 2030s.

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Net Zero Stranded Assets Global Economy Paris Agreement 338

ESG Today

AUGUST 4, 2022

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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Paris Agreement Net Zero COP26 Climate Change 145

ESG Today

JANUARY 25, 2024

HSBC announced today the launch of its first Net Zero Transition Plan, outlining the global bank’s strategy to finance and support the transition to net zero, and to meet the climate goals it has set over the past few years. Click here to access the HSBC Net Zero Transition Plan.

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Net Zero Chief Sustainability Officer Paris Agreement Decarbonize 122

Corporate Knights

NOVEMBER 26, 2024

For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace.

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Carbon Offsets Paris Agreement Net Zero Banking 278

GreenBiz

OCTOBER 12, 2020

So failure to address one issue is just going to exacerbate the risk of another," said Kristen Lang, senior director of the Ceres Company Network and lead author of the nonprofit’s latest set of suggested strategic, operational and policy change actions necessary for the corporate world to meet the warming-mitigation goals of the Paris Agreement.

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Paris Agreement Climate Change Net Zero Waste 428

3BL Media

OCTOBER 18, 2023

Updated and more ambitious Benchmark used to assess focus companies on their net zero transition plans. The results show that most focus companies are not moving fast enough to align with the goals of the Paris Agreement and reduce investors’ risk. C remains possible due to the growth of clean energy technologies.

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Net Zero Paris Agreement Climate Change Analytics 147

ESG Today

AUGUST 11, 2022

C in line with the Paris Agreement. Burberry is the first luxury fashion brand to receive approval by the initiative for its net zero emissions target. Burberry’s net-zero targets match the urgency of the climate crisis and set a clear example that their peers must follow.”. by 2030, from a 2019 baseline.

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Net Zero Paris Agreement Climate Change Supply Chains 119

3BL Media

OCTOBER 25, 2024

Our growing portfolio of zero-carbon resources plays an integral role in helping us meet these objectives. Our greenhouse gas reduction goals are to achieve 50% reduction from 2007 levels by 2030 and to reach net zero by 2050, consistent with the commitments of the Paris Agreement.

Net Zero 147

Net Zero Zero Carbon Paris Agreement Supply Chains 147

Corporate Knights

MAY 15, 2024

The paper says the annual investments needed to transition food systems will also need to increase 18 times, to US$260 billion, to cut emissions in half by 2030 and keep the world on track to be net-zero by 2050. trillion in 2030. But governments don’t need to wait until the plans are due in 2025 to start taking action.

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Banking Paris Agreement Climate Change Net Zero 344

3BL Media

APRIL 28, 2022

To support the ICT sector’s transition to a low carbon economy, the International Telecommunication Union (ITU) has released the Net Zero standard 1 ) to guide companies in the sector on setting Net Zero targets and strategies. C ambition set by the Paris Agreement. of the global carbon footprint.

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Net Zero Supply Chain Supply Chains Paris Agreement 246

3BL Media

AUGUST 30, 2022

DESCRIPTION: The race is on, proclaims the United Nations, to create a Net Zero economy (same amount of greenhouse gas /GHG emissions removed from the atmosphere as produced). Public conversations about Net Zero are usually about “fossil fuels vs. renewables” and the impact of each category on climate change.

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Net Zero Paris Agreement Climate Change Banking 113

ESG Today

NOVEMBER 16, 2023

JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve net zero by 2050.

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Net Zero Paris Agreement Zero Carbon Manufacturing 114

3BL Media

MARCH 30, 2022

DESCRIPTION: While 69% of focus companies have set commitments to achieve net zero emissions by 2050 or sooner, overall Benchmark finds companies have failed to show progress across key indicators, including disclosure of 1.5°C-aligned Alignment of capex strategies with net zero transition goals remains almost non-existent.

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Net Zero Paris Agreement Climate Change Development 130

3BL Media

JULY 21, 2022

Taking action to achieve Net Zero right now is more important than ever, as we only have a narrow window of opportunity to keep the increase in temperature within 1.5?C. The industry has made a commitment to reach net zero by 2050 at the latest. Now is the time to act and realize a Net Zero ambition.

Net Zero 130

Net Zero Decarbonize Supply Chain Supply Chains 130

Envirotec Magazine

AUGUST 30, 2021

A report published on 26 August by an independent group of experts warns that reaching net zero greenhouse gas emissions by 2050 is now “too little too late”, and will not achieve the long-term temperature goals identified in the Paris Agreement to limit global warming to 1.5°C license ). C by the end of the century.

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Net Zero Paris Agreement COP26 Climate Change 128

ESG Today

AUGUST 5, 2022

International bank and financial services company Standard Chartered announced today that it has appointed Kerry Constabile to lead the company’s net zero and sustainability strategy teams. Constabile joins from Google, where she led the company’s sustainability strategy and company-wide climate plans.

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Net Zero Paris Agreement Chief Sustainability Officer Zero Carbon 105

ESG Today

JULY 29, 2022

In the near term, the company aims to reduce absolute Scope 1 and 2 GHG emissions by a minimum of 55% by 2030 from a 2019 baseline. The post Sobeys Parent Empire Commits to Net Zero Goals appeared first on ESG Today. Empire stated that its Scope 1 and 2 targets exceed the 1.5°C/Net

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Net Zero Paris Agreement Climate Change 98

ESG Today

AUGUST 2, 2022

Nutrition, health, and sustainable living company Royal DSM announced today an acceleration of its 2030 climate targets, including a pledge to purchase 100% of its electricity worldwide from renewable sources. The post DSM Accelerates Climate Targets, Pledges 100% Renewable Energy by 2030 appeared first on ESG Today.

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Paris Agreement Net Zero 110

Chris Hall

JANUARY 3, 2024

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. Some managers might not cover Scope 3 emissions,” he notes.

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Net Zero Paris Agreement Stranded Assets Climate Change 72

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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Supply Chains Supply Chain Waste Net Zero 505

ESG Today

NOVEMBER 11, 2024

While companies are increasingly adopting emissions reduction measures, however, the report found that less than one in five are on track to hit net zero emissions in their operations by 2050. over the prior year, after growing from 27% in 2021. over the prior year, after growing from 27% in 2021.

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Net Zero Paris Agreement Decarbonize Waste 118

ESG Today

MARCH 14, 2024

Alongside the new Scope 3 target, however, Shell also eliminated a 2035 emissions intensity goal, and revised down its interim 2030 intensity goal as well. While the company had previously set 2030 targets to reduce its Scope 1 and 2 emissions, it had avoided setting an interim Scope 3 target.

Net Zero 105

Net Zero Stranded Assets Paris Agreement Climate Change 105

3BL Media

MAY 24, 2022

It outlines how, despite greater corporate climate disclosure and commitments to greenhouse gas emissions reduction targets, net zero targets and other climate-related goals, many companies fail to adequately disclose sufficient information to investors on how they intend to achieve said ambitions. by the end of the decade.

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Net Zero Climate Change Decarbonize Paris Agreement 246

Chris Hall

SEPTEMBER 7, 2023

Investors that have set net zero targets for their portfolios have been cautioned to carefully evaluate their positions in majority state-owned oil and gas laggards. The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement.

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Net Zero Carbon Offsets Paris Agreement Divestment 80

3BL Media

NOVEMBER 17, 2023

While investors and companies are already setting net zero targets, laying out transition plans, and engaging with governments, more needs to be done to reduce methane emissions and reverse nature loss and water degradation across key sectors. the world is not on track to meet its climate goals.

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Net Zero Paris Agreement Supply Chains Supply Chain 113

Corporate Knights

JUNE 17, 2024

and China are the more appealing destinations for net-zero industries.” They are a key complement to the existing legally binding 2030 and 2050 targets. She did promise not to take France out of the Paris Agreement, at least. Greece, Portugal and Italy have also seen tractors in their streets.

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Decarbonize Paris Agreement Net Zero Development 306

3BL Media

SEPTEMBER 29, 2023

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 Financial institutions have a major role to play in decarbonising the economy toward net zero over the coming three decades.

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Net Zero Divestment Banking Stranded Assets 113

Stanford Social Innovation

MARCH 30, 2022

More recently, companies such as Microsoft and Swiss Re have been drawn to CDR as a way to more credibly meet their net-zero goals. As a result, since it does not physically undo the emissions of the purchaser, there is no quantity of traditional offsets that can, at scale, get the world to net-zero.

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Net Zero Carbon Offsets Climate Change Paris Agreement 92

ESG Today

MAY 20, 2024

While the new strategy included the company’s first interim target to reduce emissions from the use of its oil products, it also eliminated a 2035 emissions intensity goal, and revised down its interim 2030 intensity reduction goal to 15% – 20%, from its prior 20% target. The fund has grown to one of the world’s largest, owning nearly 1.5%

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Paris Agreement Net Zero Banking 126

Corporate Knights

NOVEMBER 20, 2023

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. Not only have global oil producers generally failed to invest substantially in renewable-energy technologies; now they’re reneging on their green commitments.

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Paris Agreement Net Zero Green Investing Shipping 195

3BL Media

AUGUST 16, 2022

Reducing GHG emissions from our operations on a net basis (net zero). In 2020, we set a target to eliminate GHG emissions from our business on a net zero basis by 2050, along with an interim target to reduce the intensity of GHG emissions from our operations by 35% by 2030. Read more.

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Climate Change Net Zero Paris Agreement Development 130