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In September, five of the leading reporting groups (CDP, CDSB, GRI, IIRC and SASB) issued a statement of intent to work together to create a comprehensive global corporate reporting system and a mere two months later, IIRC and SASB announced an intent to merge to become the Value Reporting Foundation. .
This year, the non-profit CDP, which runs the world’s environmental disclosure system, included new questions to assess firms’ approaches to biodiversity. Biodiversity awareness in the world of finance. The awareness about biodiversity risks remains very limited within the finance community. There are, however, positive signs.
The same week that PepsiCo announced its new ambition, the company’s foundation extended the terms of its 14-year-long relationship with the Inter-American Development Bank — with initiatives including a fund meant to promote the inclusion of women in regenerative, sustainable agricultural models in Latin America.
ESG Investor’s weekly round-up of moves and appointments in the sustainable investing sector, including CDP, Loomis Sayles, UKSIF, Built by Nature, Arcadian AM, London Pensions Fund Authority and PLSA. I am extremely proud of what we have achieved at CDP over the past 21 years. this decade.
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.
Of the 29 surveyed companies, 15 reported on their water usage to non-profit CDP, which runs an environmental impact disclosure system for investors and companies. Planet Tracker interpreted this as a “fairly positive starting point”, saying it showed that management teams paid attention to the issue.
Net Zero Economy In Canada this week, the financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms that will help them assess and disclose climate risks. US-based manufacturer Bank Australia – Australian banks Ficosa International, S.A.
The bank, which has a target of 80% reduction in its oil exploration financing by 2030, also confirmed this week that it was currently on track with its climate change targets for the power generation, oil and gas, and automotive sectors.
Nestlé, Cargill and the National Fish and Wildlife Foundation are working together to scale the adoption of regenerative farming practices in the meat sector. The project’s full roll-out would help customers across the country to choose food and drink options with lower emissions footprints.
Save Tomorrow’ campaign, co-chaired by the Barbados Prime Minister Mia Mottley, calls for the World Bank and wealthy countries to speed up pledges to mobilize climate finance ahead of a conference on the topic hosted by France in June. The ‘Power Our Planet: Act Today.
Million Exec Moves Caterpillar Appoints George Moubayed as Chief Sustainability Officer Reports, Surveys & Studies Climate Tech Investment Falls in Tough Market, But Hits Record Share of VC and PE Funding: PwC 80 Million Kilometers of Grid Investment Needed by 2040 to Meet Global Climate Goals: IEA
And this year’s Global Supply Chains Report from CDP has shown which companies took the necessary action on supply chain emissions in 2022. Of the more than 18,500 companies disclosing to CDP in 2022, roughly 7,000 said that they engaged their suppliers on climate change issues. million homes. million homes.
A new report from the Asian Development Bank has found that the benefits of transitioning to net zero greenhouse gas emissions for countries in developing Asia would outweigh the costs fivefold, if effective policies are implemented. The company has committed to adopt regenerative agriculture across its entire potato supply chain by 2030. .
Brazilian farming giant Amaggi is also launching a new phase of its regenerative agriculture program as part of its commitment to help slow climate change. The collaboration includes a reforestation project to plant and grow over 2.3
They turn to Fragos’ team for tasks such as assembling metrics for CDP disclosures, developing science-based targets, penning sustainability reports or helping a board tie emissions reductions to C-suite performance incentives. Now, WeBloom is cultivating a group of Namibian "bloomers" in the circular economy and regenerative agriculture.
Also earlier this week, the World Business Council for Sustainable Development (WBCSD) and 12 partners announced Regen10 , an ambitious collective action plan to scale regenerative food production systems, worldwide, in a decade. Mastercard has received an “A” rating for Supplier Engagement since 2018 from CDP, and joined the 1.5°C
The newly anointed group sustainability chief for one of Europe’s largest banks, HSBC — a role she will assume in July — London-based Celine Herweijer is a familiar feature in the continent’s corporate climate movement. President Joe Biden announced his support for that philosophy just one week after taking office in January.
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