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Actioning COP26

Chris Hall

What actions must investors, companies and policy makers prioritise in 2022 and beyond, in order to make COP26 pledges and commitments meaningful and operational? Paul Dickinson, Founder Chair , CDP. Bridget Fawcett, Global Head, Strategy; Co-Head, Sustainability and Corporate Transitions, Banking, Capital Markets and Advisory, Citi.

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Banking on Change: Reducing Emissions in Financial Services

Chris Hall

At COP26, institutions managing more than US$130 trillion in assets committed to reaching a state of net zero before 2050. A 2021 report showed that fewer than half of financial institutions disclosing their emissions through the Carbon Disclosure Project (CDP) have taken action to align their portfolios with a well below 2°C world.

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AB: Are Carbon Offsets the Next ESG Investing Frontier?

3BL Media

In fact, volunteer market offset activity hit US$1 trillion for the first time in 2021, according to the World Bank. The recent COP26 global climate change conference adjourned with a first-ever multinational agreement for trading standards. Market Parameters and Rules Are Starting to Gel.

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Finance Sector Net Zero Plans Must Respect Planetary Limits – SBTi

Chris Hall

According to the initiative’s latest report, Foundations for Science-Based Net-Zero Target Setting in the Financial Sector, banks, asset managers, insurers, and pension funds should ensure their operational and financing activities, as well as Scope 1, Scope 2 and Scope 3 greenhouse gas (GHG) emissions, are aligned with global net-zero goals.

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Guest Post: Why Biodiversity Risk is a Business Risk

ESG Today

Similarly, natural capital is our global bank of natural assets, including soil, water, air, and all living things. Similarly, in 2021 the World Bank published Nature Action 100 , a proposal for investor engagement on biodiversity. For instance, this year’s CDP climate questionnaire featured a brand-new section on biodiversity.

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Sustainable Finance and Upcoming Reporting Requirements in 2022

Sphera

Even after the 26th United Nations Climate Change Conference of the Parties (COP26) came to a close last November, the ESG landscape still remains unclear. The SFDR mainly applies to financial institutions (banks, insurers, asset managers and investment firms) operating within the EU. The question is: How soon will this change?

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Carbon Credits Have Role to Play in Corporates’ Climate Transition

Chris Hall

Fewer than 35% of companies’ emission reductions targets are credible, climate disclosure platform CDP revealed this week, based on an analysis of 13,000+ companies reporting last year. At COP26, nearly 200 countries finalised Article 6 of the Paris Agreement. There is also very little overlap between voluntary and official markets.