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But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. Source: Corporate Knights, CDP Note: percentages for “How GHG reductions were achieved” may not add up to 100% due to rounding. Read article.
The group brings together frameworks that are referencing or building on the GHG protocol, including the Global Reporting Initiative (GRI), CDP, Climate Disclosure Standards Board (CDSB), International Integrated Reporting Council (IIRC), and Sustainability Accounting Standards Board (SASB). Watch the conversation here.
In its recent report on environmental disclosures by firms in Southeast Asia, covering climate, water and deforestation, disclosure platform CDP found a 25% increase in forest-related disclosures, with growth rates in the region outstripping global trends.
C, we need to see a meaningful price on carbon and a strong carbon market through robust rules on Article 6 that will help channel cost-effective investments and raise climate ambition. It makes no long-term sense to continue pumping money into an asset that is already destined to eventually have no value — a strandedasset.
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