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Unilever sets out net-zero plans for shareholder vote. Unilever has become one of the first multinational companies in the world to publish a corporate net-zero action plan for oversight by its shareholders, as it prepares to put the climate strategy to an advisory vote at its upcoming AGM in early May. Michael Holder.
HSBC is latest bank to pledge net-zero financed emissions by mid-century. 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. Cecilia Keating.
Companies and countries all over the world are committing to net-zero goals and pledges to the SDGs; diversity, equity and inclusion goals; human rights — the list goes on. We need to put a lot of zeros on the "More than 1,000 businesses" in order to get to a net-zero carbon economy. Sponsored Article.
With more than one quarter of the global economy 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. It is also working to introduce net-zero emissions ships in U.K. As the U.K.
Even the COP26 climate talks, scheduled for November in Glasgow, Scotland, may be made harder as transparency on emissions puts whole countries in the dock for not meeting emissions targets, triggering fresh contention over which countries need to do more and which need to pay more for a faster transition to netzero.
(Photo by Elena Mozhvilo on Unsplash ) Scaling Impact and Strengthening Accountability Toward NetZero Through the B Corp Climate Collective Brigitta Nemes, Senior Manager Environmental Standards at B Lab Global, shares her reflections on a new direction for the B Corp Climate Collective’s work on netzero.
During the recent COP26 climate negotiations , water as a mitigation tool received more attention than it had at previous talks. There’s discussion among many water utility leaders to have water utilities sign up for netzero goals, for example,” he added. Image courtesy of the National Renewable Energy Laboratory via Flickr.
This article is “sponsored content” as defined by Corporate Knights’ content disclosure policy. At the recent United Nations COP26 climate summit in Glasgow, diplomats from nearly 200 countries struck a major agreement to increase the fight against climate change — establishing a consensus that more must be done to protect the planet.
This article is “sponsored content” as defined by Corporate Knights’ content disclosure policy. . One of 44 global signatories to pledge to WorldGBC’s NetZero Carbon Buildings Commitment covering a whole life carbon emissions approach . Decarbonising and Innovating towards a NetZero Future .
Indian Prime Minister Narendra Modi’s announcement in the first days (much to the surprise of Indian observers) that India would reach netzero emissions by 2070 and generate 50% of its energy from renewables by 2030 helped lower that trajectory to 2.4°C. Read the original article. C this century, well beyond the 1.5°C
Deforestation is a major topic at the ongoing climate summit COP26 in Glasgow, since deforestation and forest degradation affect climate change on a large scale. In conjunction with the ongoing COP26 in Glasgow, The CGF is holding a panel discussion on the industry’s transition to netzero emissions, which Essity intends to achieve by 2050.
As we approach the critical final stages of COP26, the We Mean Business Coalition is calling on governments to take bold decisions to keep the 1.5°C The final COP26 outcome must therefore seize this opportunity by delivering key outcomes to drive concrete implementation this decade with the aim of halving global emissions by 2030.
Net-zero emissions companies is one of the fastest-growing business trends. According to scientists achieving net-zero before 2050 is critical to keeping us safe from the catastrophic consequences of climate change. Still, many organizations struggle to make their first steps to become Net-Zero companies.
While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. 1 – 1.5ºC emission pathway (Source McKinsey & Co).
After signing on to the Global Methane Pledge two years ago during the COP26 meeting in Glasgow, Canada released a methane reduction strategy in September, 2022 that affirmed the 75% reduction from 2012 levels by decade’s end, Guilbeault’s department recalled in a backgrounder published earlier today. Read the original article here.
When global leaders gathered at COP26 last year, governments pledged ambitious 2030 emissions reduction targets to achieve netzero by 2050. An ideological shift demanded that addressing the impact of climate change be a holistic global effort across both the public and private sectors as codified by Article 6 of the agreement.
This is the third in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. The new market-based instruments approved by Article 6 encourage international carbon trading, long seen as the likeliest way to incentivize global climate action.
Looking at Cooperative Approaches as a Market-Based Path Toward NetZero. DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward netzero in advance of the 2022 United Nations Climate Change Conference (COP27). SOURCE: Tetra Tech.
This enabled me to read a thought-provoking article stating and arguing that the world could be netzero much faster than thought, by the 2040s. This is the opinion of Nigel Topping who served as UN’s High-Level Climate Action Champion at the COP26 organized by the UK.
There has been a shift at this year’s summit, from making pledges to reach netzero emissions by 2050 to a focus on actions to cut emissions by 2030. The international financial community formed a broad alliance of firms committed to netzero, attracting accusations of greenwashing. degrees Celsius (2.7 That’s a start.
The Glasgow Summit at COP26 made a major focus on “keeping 1.5°C The recent IEA report and UNEP gap report on netzero pathways have noted how difficult it will be to achieve the 1.5°C The previous IEA netzero report included various assumptions, including an increase in land use for bio-energy crops.
The COP26 Youth Climate Protest in Glasgow on 5 November (image credit: PMGphotog / Shutterstock.com). The new “Article 6 Rules” have been designed with the intention of diverting funds to schemes that generate credits, such as tree planting and carbon-capture systems. Carbon trading. Carbon capture.
This will set them on course to reach net-zero emissions by 2050 at the latest. This is why governments at Cop26 in Glasgow must deliver three key outcomes that will promote the role of nature in the Paris Agreement. To create a stable, net-zero and nature-positive planet we need action now.
As concerning, as of October 2022, only 24 countries updated their national commitment according to the UNCC, to reduce their GHGs, despite all countries agreeing to update their commitments one year earlier at COP26. C increase– to do this requires a reduction in GHG emissions of 50% by 2030 on a path to netzero by 2050.
” The document from the Climate Crisis Advisory Group (CCAG)[1] sets out seven recommendations that it believes global leaders at COP26 must consider to make carbon pricing more effective.
This was the case in 2022, as explored in a previous article giving an overview of the most common sustainability initiatives being adopted. This article outlines a range of ways that property owners, and their tenants, may consider improving asset sustainability, along with potential barriers they may face in implementing these measures.
While pushing for public policy action in support of COP26 commitments, private sector actors must accelerate their low carbon transition, say experts. In the wake of COP26, it falls on many shoulders to implement and operationalise the rhetoric of Glasgow. Time for action.
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 As part of its pilot efforts, SBTi certified the net-zero targets of seven global firms: AstraZeneca (UK), CVS Health (U.S.),
The article below will explore the momentum and potential of off-grid solar, discussing why much faster progress – and much greater funding – is needed for the sector to address the increasingly urgent challenges of climate change. That much was confirmed at last year’s COP26 climate summit. Momentum building in energy access.
This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . Ahead of COP26, more than 750 businesses, employing 10 million people globally and with US$2.7 The COP26 outcome highlights the importance of countries doing everything possible to stay within the 1.5 °C C alive, just.
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.
In this article, I’ll summarise key events defining 2022 and present four sustainability trends that will prepare you to create an impact in 2023. As I wrote in my article , the many sustainability frameworks suck companies’ resources and confuse stakeholders. Sustainability trends 2023: Net-Zero roadmaps.
At COP26, IFRS introduced a new International Sustainability Standards Board (ISSB) to develop a comprehensive global baseline of sustainability disclosure standards. This article was written by Anna Pierce, Associate Director of Sustainability at Schneider Electric. Watch the conversation here.
This article originally appeared in Business Green. At COP26 in Glasgow the International Financial Reporting Standards (IFRS) Foundation announced the creation of the International Sustainability Standards Board (ISSB) to develop a comprehensive global baseline of sustainability disclosures.
At the closing of COP26 in Glasgow in 2021, one of the headline questions centered on how countries would address the need for finance to address loss and damage , those impacts from climate change that are so severe communities are simply unable to adapt to them. Established under Article 7.1 degrees C.
For the record, the final text called on parties to contribute to “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner, accelerating action in this critical decade, so as to achieve netzero by 2050 in keeping with the science”. It also includes failure to reach agreement on Articles 6.2
We outline below some of the more common initiatives being driven by landlords and tenants alike and raise some of the issues arising from them, namely electric vehicle (EV) charging point installations; photovoltaic (PV) cell installations; and netzero obligations as part of green leases. Green leases and the move to netzero.
In this article, I’ll summarise key sustainability events defining 2021 and then present four sustainable ESG trends that will settle companies’ environment in 2022. Finally, we had the Conference of the parties COP26, where countries and businesses increased their climate ambition. ESG trends in 2022: Net-Zero ambition.
The main critique of netzero commitments is that companies are delaying action and relying too heavily on offsetting with carbon credits to reduce emissions,” according to a new Ceres report , which advises investors, lenders and companies on the appropriate use of carbon credits in climate commitments.
DESCRIPTION: At the recent COP26 climate talks, countries and companies largely focused on tackling climate change by decarbonizing the energy sector. Netzero cannot be achieved by decarbonizing the energy sector alone,” the World Economic Forum (WEF) concluded in a March 2021 report. Words by Leon Kaye. SOURCE: TriplePundit.
“Investors need to draw a red line on fossil fuel expansion, and they need to do it now.” This trend goes against the fact governments, investors and companies have all made netzero commitments, and that COP26 had ended with an agreement to accelerate the phase-down of unabated coal.
R esearch among facilities managers from across the life sciences, pharmaceutical and high-tech manufacturing sectors in the run-up to COP26, reveals that for 79% of companies, the primary HVAC concern for senior management is a system’s ability to deliver thermal comfort, low running costs or uninterrupted operation. Read the full article.
In this article, I’ll do a quick summary of 2020 and then present four sustainable business trends that could finally explode in 2021. Besides, the pandemic has postponed the momentum towards COP26 or climate change movements like Greta Thunberg’s Friday’s for future. 2020 Sustainability Summary.
We believe we can help expand both the supply and market infrastructure necessary to progress towards a net-zero future,” the CPP report added. Doing so will help protect ecosystems and their communities, and enable us to earn attractive risk-adjusted returns for generations of contributors and beneficiaries.” .
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