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The Anglo-Dutch firm first announced plans to give its shareholders a direct say over its climate action strategy back in December , in a bid to boost corporate transparency and governance surrounding its drive to reach net-zero emissions for its core business by 2030 and across its entire supplychain by 2039. Sponsored Article.
The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supplychain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later. Featured in featured block (1 article with image touted on the front page or elsewhere). BusinessGreen.
A spokesperson from IKEA stressed that ocean shipping made up 40 percent of the carbon footprint of its supplychain operations and therefore the company's pledge to reduce the carbon footprint of all transport by an average of 70 percent by 2030 compared to 2017 was a "huge ambition." Sponsored Article. As the U.K.
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.
Now, we are looking forward to COP26 in Glasgow and the stakes are high. Supplychains are, and will likely be, more disrupted "than normal." Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Leadership. Climate Change. Science-based Targets. Shutterstock.
Globally, with both the COP26 on Climate Change and COP15 on Biological Diversity happening this year, the urgency couldn’t be more clear. By 2025, nine out of 10 adidas articles will be sustainable: Made with recycled materials, made to be remade or made with nature.". Sponsored Article. Leadership. Fabrics & Textiles.
At COP26, in November 2021, states agreed on a series of rules to govern market-based activities under Article 6 of the Paris Agreement. Article 6 sets out co-operative approaches that countries can take to reach their climate targets, including through the use of market mechanisms such as carbon markets. Communities at risk.
The Green Revolution and industrial agricultural systems are dedicated to increasing production via large-scale agricultural operations and global supplychains, in order to feed the growing world population. Read Woody's full article here - [link]. ==. Then, Slow Money came on the scene to address the investing side of things.
DESCRIPTION: In November, I had the opportunity to participate virtually in the United Nations’ COP26 climate summit held in Glasgow, Scotland. Actions are essential,” wrote John Sterman, co-founder of the MIT Sloan Sustainability Initiative, in an article on strategies for sustainable business. The key to driving climate action?
This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. Japan instituted the Joint Crediting Mechanism (JCM), a pioneering project-based option under Article 6 to cooperate with developing countries on greenhouse gas (GHG) reductions and sustainable development.
DESCRIPTION: At the recent COP26 climate talks, countries and companies largely focused on tackling climate change by decarbonizing the energy sector. After all, packaging touches just about everything that passes through global supplychains. Words by Leon Kaye. SOURCE: TriplePundit. Image credit: ink drop/Adobe Stock.
COP26 kept sustainability at the top of every executive’s agenda, while social movements and supplychain challenges forced a dramatic rethink. In 2021, the focus on ESG accelerated. KEYWORDS: Workiva, NYSE: WK, Finance Monthly, Andromeda Wood, esg.
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 With supply-chain emissions on average 11.4 by halving global emissions by 2030. Go All-In for 1.5C. Collaboration is key.
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.
This article first appeared on Business Green. This calls into question the commitment made by more than 140 countries, just three months ago at the COP26 climate negotiations, to halt and reverse forest loss and land degradation by 2030. However, this commitment is worth little if it fails to deliver.
During the recent COP26 climate negotiations , water as a mitigation tool received more attention than it had at previous talks. This article series is sponsored by Black & Veatch and produced by the TriplePundit editorial team. But until recently, it mostly was seen as primarily a climate adaptation and resilience concern.
In 2021, biodiversity went up the agenda for policymakers, disclosure bodies and financial institutions, both due to COP26 in November and the first leg UN’s COP15 Biodiversity Conference in October. Overuse and degradation of the oceans , as Mitchell mentioned, has also started to see attention.
This integration process began at COP26 in Glasgow , but Dubai appeared to represent a major forward step toward recognising the dependencies of efforts to address twin crises. It also includes failure to reach agreement on Articles 6.2
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. Examples are the Swiss art 964 and the German supplychain act. Figure 3: Calculated impacts of company A for the fiscal year 2019 (own operations and upstream supplychain).
Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Companies release carbon dioxide and other greenhouse gases into the atmosphere due to their operations and supplychain. Offsetting is often hypocrisy, and it is swirling around at #COP26.
He has published books and articles on entrepreneurship, sustainability, business strategy, strategic planning, and risk management. His extensive background includes serving in C-level roles at financial institutions, advising start-ups, and co-founding the GOLDEN for Impact Foundation.
” 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.
All this work was featured in our virtual Zero Emissions Solutions Conference alongside the first week of COP26. The Networks program also issued two new SDG Action publications to support the UN’s Decade of Action : the SDGs Edition in July for the High-level Political Forum and the Climate Action Edition for COP26.
Further, SFDR’s provisions have been quickly embedded in market practice, with ‘sustainable’ funds and strategies launched or rebadged in line with its Article 8 and 9 classifications , some even switching between the two, reflecting internal tussles between compliance and marketing departments. COP26 revisited.
Alongside its many harrowing and destructive impacts, Russia’s invasion of Ukraine has provided an unintentional boost to the aims of COP26. To accelerate private sector action, we’re looking for the GBF to include language similar to Article 2.1.c Article 2.1.c
Last year’s COP26 – with a full day dedicated to finance – raised awareness and added significant momentum. This article was co-authored by Sarah-Jane Denton, Consultant in the Risk & Operational Regulatory Group. The post Act Naturally appeared first on ESG Investor.
This article was first published in Financial Times’ Sustainable Views. The Glasgow Climate Pact from COP26, for example, saw countries agree to reduce coal consumption, the largest contributor to carbon emissions.
The London Stock Exchange has published a public consultation on the market rules for its planned voluntary carbon market, first announced at COP26 last November, which will provide access to publicly traded carbon funds focused on investing in climate mitigation projects.
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. Conclusions.
For net zero-aligning investors, not one of them will have a complete portfolio without reliance on high carbon economies in non-OECD countries feeding the supplychains of the underlying investments they hold. IPR forecasts the OECD to reach its net zero targets by 2050.
Adding to the challenge is the Scope 3 problem: accounting for the carbon generated upstream (across the supplychain, for example) and downstream (products). Featured in featured block (1 article with image touted on the front page or elsewhere). Sponsored Article. Finance & Investing.
SATURDAY 13 NOVEMBER – This statement is the We Mean Business Coalition response to the Glasgow Climate Pact, agreed at COP26. . An updated draft proposal was released by the COP26 Presidency this morning, on the last official day of the conference. READ THE FULL STATEMENT HERE > FRIDAY 12 NOVEMBER – ANALYSIS: .
Vital reading, particularly in a year that should see Glasgow hosting the COP26 climate summit. But if I could propose one additional New Year’s resolution for Gates, it would be to send another book to all COP26 delegates: Kim Stanley Robinson’s " The Ministry for the Future.". Sponsored Article. Innovation. Leadership.
In this article, you will learn what net-zero companies are, why embark in such endeavour and how to make your net-zero targets credible. The cause for climate change is due to human activities (read my article about Milankovitch Earth’s Cycles ). Moreover, according to CDP, supplychain emissions are on average 11.4
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. Complex SupplyChains designed to run efficiently failed under the pandemic. read my article about carbon offset markets).
As demonstrated by Covid’s impact on supplychains , crises often cause global disruptions. The war and the sanctions regime are expected to create global supplychain problems and shortages of food (eg wheat) and raw materials including those required for key technologies (eg semi conductors).
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