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Which banks are financing the clean energy transition?

Corporate Knights

The 2022 Sustainable Banking Revenues Ranking shows global bankers are off to a slow start, but over time it will help guide consistency of reporting and provide an ongoing window into bankers’ progress in meeting the world’s Paris Agreement commitments. . 1 Vancity Canada 34.12% 171.3 2 SpareBank 1 Østlandet Norway 23.03% 104.5

Banking 360
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Climate Change at Paramount

3BL Media

Originally published in Paramount's 2021-2022 Environmental, Social, and Governance Report The impacts of climate change continue to accelerate around the world and are projected to worsen each year unless we take serious collective action on a global scale.

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Seven ways to inform better decisions with TCFD reporting

GreenBiz

He used the carbon pricing risk assessment in Figure 1 to illustrate the differences the company might see in its operating margins under different climate change scenarios and highlight where investment in carbon-mitigation projects would matter most. . Risk officer: Assessing exposure to climate-linked credit risk .

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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Specifically, JPMorgan Chase announced in October that it would shape its financing portfolio in three key sectors to align with the Paris Agreement; three days later, HSBC announced its statement of net-zero ambition. Disclosure and reporting. Pull Quote.

Net Zero 365
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First stop: Climate commitments. Next stop: Climate action?

GreenBiz

From an emissions standpoint, Climate Week 2020 may go in the books as the greenest of all time. . But some things stayed the same: Corporations seized the opportunity to announce climate commitments. . Climate Week has become a favorite for heads of states and companies alike to make bold climate commitments. .

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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. On the face of it, it is.

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Baker Hughes at COP29: Special Edition

3BL Media

COP, which stands for Conference of Parties, is the series of formal meetings, where governments assess global efforts to advance the Paris Agreement and the Convention. At COP, world leaders come together to measure progress and negotiate the best ways to address climate change and limit global warming to 1.5°C.

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