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Rising sea levels are causing elevated tides and storm surges that are rendering coastlines susceptible to inundation – as a result, the industry is being forced to confront complicated economic and operational challenges, not to mention significant cost implications, writes Brian Enright, CEO of DP World Americas , in a recent article for Forbes.
While it has long been known that the poorest among us endure the brunt of air and water pollution, climatechange and other problems, companies largely have focused on social and environmental issues separately and, all too often, unequally. That’s changing. Sponsored Article. State of Green Business Report.
In an open letter to its clients, HSBC CEO Noel Quinn said the bank had been motivated to ramp up its environmental ambition by customer concern about climatechange. "We We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable globaleconomy.".
But carbon is also moving constantly through the globaleconomy, which historically has been powered by burning fossil fuels for energy. As the most prevalent of the greenhouse gases (GHGs), CO2 plays an outsize role in globalclimatechange — for example, it accounted for 81 percent of U.S. Carbon is everywhere.
With record high unemployment , a reeling globaleconomy and concerns of food shortages , the world as we know it is changing. Climate Action Summit and has become a global symbol of environmental activism. The Story of More: How We Got to ClimateChange and Where to Go from Here " by Hope Jahren.
Foundations , celebrity philanthropists and tech giants alike have announced plans this year, with grand sums of money attached, to combat climatechange. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Liz Morrison. Wed, 06/30/2021 - 02:00. Electric Vehicles.
However, the company’s plan to invest up to $46 billion over the next 15–20 years to expand into an emissions-free iron process being piloted in Northern Sweden is big news for Sweden, the global steel industry and future generations around the world. Change requires exploration of new concepts and solutions. Sponsored Article.
ESG issues continue to gain prominence, with climatechange getting the most attention today. This will have a tremendous impact on nature that, in turn, will affect businesses and the globaleconomy. As with climate-related risks, nature-related risks need to be better understood and acted upon. ClimateChange.
The economic fallout caused by the COVID-19 pandemic is forcing governments around the world to come up with policies for stimulating the globaleconomy. Many are considering a tried-and-true method to boost economies in the short term and provide wide societal benefits in the long term: infrastructure investment. Pull Quote.
Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the globaleconomy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.
The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climatechange and the ongoing practices of the world's leading banks. The banking sector maintains that serious change is afoot. The banking sector maintains that serious change is afoot.
The latest UN climatechange summit (COP27) concluded, once again, with a tussle over the place of fossil fuels in the globaleconomy. An agreement by the world’s governments to phase out all fossil fuels would have been a welcome progression from last year’s Glasgow climate pact. Read the original article.
This article focuses on the ClimateChange topical standard of the CSRD, known as ESRS E1. Specifically, it explores the requirements for identifying and assessing climatechange risks and opportunities and their integration into business resilience planning.
But the quality of the disclosures is critical in meeting the existential challenge of climatechange. There are, of course, two sides of climate action that must be addressed: mitigation (usually by emissions reductions) and adaptation. ClimateChange. Sponsored Article. Pull Quote. Finance & Investing.
December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climatechange and environmental destruction. These leaders understood the direct linkage between climatechange and financial risk. Sponsored Article. Ateli Iyalla. Mon, 12/14/2020 - 00:05.
In Taiwan, where I live and work, a large percentage of companies occupy an important position in the globaleconomy as major suppliers of goods across the industrial spectrum. Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Finance & Investing. 30 Under 30.
With more than one quarter of the globaleconomy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. ClimateChange. Sponsored Article. Shipping & Logistics. BusinessGreen.
Check out the excerpt from the article below and click over to the original article here on EA. Making substantial climate progress in a troubled, disrupted globaleconomy will be the order of the day – and developing countries are expecting to be on the receiving end of long-awaited, rich-world largesse.
Can ESG data help ensure that they are built in a manner that makes them resilient in a climate-changing world, even mitigate the threats of droughts, floods, hurricanes, wildfires and all of the other calamities in the first place? Featured in featured block (1 article with image touted on the front page or elsewhere).
It will be a major challenge – for many an existential one – even if climatechange is addressed effectively. Further global warming will exacerbate freshwater shortages in much of the world, although increasing evaporation and higher average precipitation will benefit some regions.
Between a selfish free-for-all in which we ignore the fate of the losers, and a future in which the strong and successful accept their responsibilities, showing global vision and leadership. From climatechange, biodiversity loss and the erosion of planetary resources — this could just be the tip of the iceberg. Global Compact.
This outcome must be harnessed by governments and markets, but clearly signals the beginning of the end for coal, oil, and gas in the globaleconomy and the massive growth of renewables.” Rich countries with historical responsibilities for the climate crisis, like the UK, needed to do much more. Read the original article here.
Anything with "technology convergence" and "climatechange" in the same sentence captures my attention. Rethinking Humanity " makes the case that the convergence of key technologies is about to disrupt the five foundational sectors that underpin the globaleconomy, and with them every major industry in the world. .
Can you tell me about your perspective on climatechange? It’s always called human-induced climatechange, but I think that that term doesn’t allow for colonial powers to be held accountable, or big polluters. I see climatechange not just as a crisis, but also an opportunity.
A version of this article first appeared on Harvard Business Review. . COP26 focused the attention of governments and businesses on a key targe t: limiting global temperature rise to 1.5C by halving global emissions by 2030. And as we head into 2022, climatechange must be a top priority for companies around the world.
Along the way, the founding team kept up with research and trends on girls’ education and consistently discovered girls and women are disproportionately impacted by climatechange, Lowry said. This article series is sponsored by HP and produced by the TriplePundit editorial team. Image courtesy of Girl Rising
The fund is classified as Article 9 under the SFDR regulation. Addressing climatechange requires a reallocation of capital to decarbonizing globaleconomies, particularly a clean energy transition in emerging markets.”
So far, they haven’t, as a voracious globaleconomy continues to deplete resources at a dangerously unsustainable pace. The research paper quoted at the beginning of this article recognises the gap by contrasting “idiosyncratic versus systemic risks”.
By: Bruno Sarda, TMT ClimateChange & Sustainability Services Leader, Ernst & Young LLP Leaders from across the globe recently reconvened for the World Economic Forum’s 53rd annual meeting in Davos, Switzerland, and covered everything from the COVID-19 pandemic and the war in Ukraine, to the state of the globaleconomy and more.
This article was first published in Edie. They are the engine of today’s economy and the backbone of global supply chains, accounting for about 90% of all businesses and around 70% of jobs worldwide. The transition to a just, resilient, net-zero future is not possible without small and medium-sized businesses, known as SMEs.
Climatechange is a defining challenge of our generation that demands immediate action and investment,” Lores said. Now is a time for bold moves and ambitious goals that will protect our planet and create new sources of innovation and growth across the globaleconomy.”
trillion in increased productivity to the globaleconomy. Investing in solving the global literacy crisis is not only essential for the betterment of humanity, it also is vital to economic progress. This article series is sponsored by HP and produced by the TriplePundit editorial team.
But climatechange is changing that profile. We are witnessing changing ocean chemistry – alterations in the chemical composition of oceans, primarily driven by human activities such as the burning of fossil fuels and deforestation. Ocean warming driven by climatechange is a primary driver of ice melt.
Julie Segal, Visiting Fellow at the London School of Economics’ Grantham Research Institute on ClimateChange & the Environment, outlines the c hallenges and opportunities of the Paris Agreement’s Article 2.1(c). Aligning investments with climatechange mitigation and adaptation goals, as required under Article 2.1(c)
Editor’s Note: This article was first published by the Environmental Defense Fund, an organization focusing on creating economical policies to support clean air and water; abundant fish and wildlife; and a stable climate. The article was authored by Amanda Leland and originally appeared here. on climate action.
Challenge: Accelerating the Shift to Sustainability Climatechange is one of humanity’s biggest threats, and global enterprises are now working closely with governments and regulatory authorities to accelerate the shift to sustainability.
We survived that pandemic and remember how the world was activated around justice, around climatechange? We now have a globaleconomy that is radically inclusive because our elected officials, our governments have adopted the B Corporation stakeholder principles so that they serve the people rather than corporations.
Jordan Locke, a recruitment consultant in Acre's Global Sustainable Finance & Impact Investing Team, sat down with Business Insider alongside a group of industry experts to discuss the current ESG talent shortage, ‘greenwashing’ and the rapid pace of change. . Written by Rebecca Ungarino | 26th January 2022.
To decarbonize the globaleconomy in alignment with the goals established by the Paris Agreement, all economic actors in the real economy need to reduce their greenhouse gas (GHG) emissions sufficiently to align with required emissions pathways. Securities and Exchange Commission (SEC) are taking hold. .
C within reach, and to transition to a net-zero globaleconomy by 2050 at the latest. Finalize rules for the Global Stocktake that are evidence-based, driven by ambition, enhance accountability through reporting, and ensure inclusivity through local government, society and business participation. . .
‘Degrowth’ Provides a New Alternative for Business and Society This article by Charles Duprez is part of “The Basics” series by the Network for Business Sustainability (NBS) that provides essential knowledge about core business sustainability topics. Our globaleconomy is built for growth.
As we discussed in an article last fall, according to FINCA survey data , which covers 11,000 households in 13 countries, almost 80% of our clients experienced deteriorating food security as a result of lost income between 2020 and 2021. But negative experiences can have a powerful, and sometimes positive, effect on future behavior.
This article was first published in Financial Times’ Sustainable Views. As the world prepares for the UN climate summit and the G20 the relevance of multilateralism is once again in the spotlight. They demand sustained political will, investment, and global cooperation over decades. The Paris Agreement is a prime example.
This article originally appeared on SME Climate Hub. Over the coming two weeks, business, government, and civil society will convene in Sharm El-Sheikh, Egypt for the COP27 Climate Summit, to align on climate policies and actions needed to decarbonize the globaleconomy.
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