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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. However, critics in Canada argue the banks have not produced credible plans to achieve their goals.

Net Zero 345
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ISSB Looks to Illuminate Resilience “Blind Spot”

Chris Hall

This was echoed by Carney, who said that economies and governments had “undervalued resilience relative to efficiency”. “We

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Preparation is key to conquering future mandatory non-financial climate reporting

Sustainability Matters

This concept has recently graduated from being a reputational risk to a regulatory issue across Australia’s corporate, financial and consumer ecosystems. Empty narratives hold no ground anymore if companies need to access capital markets or bank finance. Greenwash risk management has now become a considerable focus.

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Leading by Example

Chris Hall

Further, even with the economic crisis it is weathering, the country successfully secured two loans with the support of the European Bank for Reconstruction and Development (EBRD), setting an example for other countries in the region to follow, notes Saqqaf.

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Can Sustainability Standards Minimise Friction and Divergence?

Chris Hall

Both standards will require companies to disclose how they are both directly and indirectly responding to risks and opportunities, how their subsequent strategy will be resourced, and what consequent changes they expect to financial position and performance over time. . This is exacerbated by the effects of discounting (i.e.,

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It’s time for a crackdown on corporate net-zero pledges, UN expert panel says

Corporate Knights

Guterres established the expert panel to recommend ways of ensuring that climate pledges made by “non-state actors” (corporations, financial institutions and local and regional governments) are implemented. . They must also: .

Net Zero 359
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Sightline Raises $5.5 Million for AI-Powered Market Intelligence Climate Platform

ESG Today

Launched in 2023, Sightlines AI-powered platform provides clients, including corporates, investors, banks, and governments, with data and intelligence to help them make better decisions as the energy, transportation and industrial sectors transition to more sustainable practices. .”