Remove Banking Remove Carbon Offsets Remove Paris Agreement
article thumbnail

HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

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. Tue, 10/13/2020 - 00:46.

Net Zero 402
article thumbnail

Carbon markets could help the planet, but only if Indigenous land rights are recognized

Corporate Knights

Carbon markets are trading systems through which countries, businesses, individuals or other entities buy or sell units of greenhouse gas emissions. These markets facilitate carbon offsetting — compensating for carbon dioxide emissions in one location by reducing or removing emissions elsewhere. Communities at risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

Carbon offset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Carbon Offsets Markets size. Introduction.

article thumbnail

At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.” Carbon Capture Backed by Carbon Offsets? We are bending the curve on Canada’s fight on pollution.”

article thumbnail

NETSTREIT's ESG Journey Supported by Sustainability-Linked Credit Facility

3BL Media

PNC Bank client, NETSTREIT, specializes in acquiring single-tenant net lease retail properties and recently made the decision to double down on its sustainability commitments by setting aggressive goals that go further than any of its current competitors. Power of Relationship Banking.

Banking 130
article thumbnail

20 C-suite sustainability champions for 2021

GreenBiz

Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbon offsets. In 2019, it followed an inaugural €1 billion bond with a $1.5 billion U.S.

article thumbnail

Rewilding British farms is bringing back threatened species, storing carbon and growing hope

Corporate Knights

Carbon credit investment is going through an “ethical shakedown,” said Ivan de Klee, the head of natural capital at the U.K.-based There is a “cry for integrity” for real data, rather than modeling-based carbon offset options, de Klee added. based nature recovery investment company Nattergal. A government commitment of 2.4