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The biggest carbon losers

Corporate Knights

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. About two-thirds of the GHG reductions achieved by these companies were genuine from the planet’s perspective; much of it came courtesy of efficiency measures or retiring polluting assets.

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AB: ESG in Action - The Human Touch in Interpreting Climate Scenario Analysis

3BL Media

The evolving climate drives physical risks—damaged or stranded assets and business-interruption costs from severe weather events. Republic Services is on Barron’s 100 Most Sustainable Companies list and CDP Worldwide’s Climate A List.

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No Quick Fix to Europe’s Gas Dependency

Chris Hall

Last summer, the European Commission launched a raft of climate-related legislation – ‘ Fit for 55 ’ (Ff55) – to reduce net EU emissions by 55% by 2030 from 1990 levels. It includes a proposal for amending the 2009 Renewable Energy Directive to increase its target for renewables to 40% of its overall energy mix by 2030.

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Options Still Open for Fossil Fuel Engagement

Chris Hall

BP has cut its oil and gas production reduction target from 40% to 25% by 2030, Shell dropped its goal to cut oil production by the same deadline, and TotalEnergies plans to increase both its oil and gas production by 2-3% per year until 2028. In 2022, the oil and gas industry invested just 2.5% Last year, Shell invested US$5.6

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

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 Clearly much more needs to be done to pivot towards more sustainable investment and lending practices.

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All Systems go for Net Zero

Chris Hall

Rasmussen expects the scheme to meet its target – self-imposed, but in line with the protocol set by the Net Zero Asset Owner Alliance (NZAOA) – to reduce greenhouse gas (GHG) emissions from its listed equities and corporate bonds by 45% by the end of 2024, from a 2018 base. Some managers might not cover Scope 3 emissions,” he notes.

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ESG Explainer: The Blue Economy

Chris Hall

trillion annually, has attracted just US$13 billion in sustainable investment during the past decade. This explainer looks at the calls for a ‘sustainable blue economy’ and the role investors can play. The ocean economy, estimated to be worth US$2.5 What is the scale of the problem?

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