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New UN panel looks to hold companies, governments accountable for net-zero pledges

Corporate Knights

Net-zero pledges have become commonplace among corporations, financial institutions and cities, but questions abound as to whether those companies and governments have real plans in place to achieve them. Net-zero commitments proliferated ahead of COP26, held last November in Glasgow.

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Can Sustainability Standards Minimise Friction and Divergence?

Chris Hall

Launched last year at COP26, the ISSB aims to provide a reporting baseline for use in jurisdictions globally. assigning less importance to impacts in the future than impacts today) and the tendency to downplay or even exclude probabilistic risks in many financial models.” . What are the main objectives of each standard? .

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Asia’s Banks Should Not Follow US Peers

Chris Hall

The Net Zero Banking Alliance (NZBA) is a UN-backed initiative founded in 2021 ahead of the COP26 climate summit that brings together global banks committed to aligning their lending and investment portfolios with net zero emissions by 2050.The Starting in 2024, major banks began to exit the NZBA.

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