This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Just a year ago, Mark Carney inspired optimism among climate finance campaigners by founding a new alliance of banks and other financial institutions that pledged to decarbonize their portfolios. GFANZ’s credibility rested largely on the obligation by signatories to commit to Race to Zero, the UN’s key net-zero campaign.
After all, through their product offerings, lending activities and client engagement, financial institutions can play a key role in influencing the transformation necessary for a net-zero emissions economy. What we have given the market is an ambition that our total financing by 2050 will be netzero.
Singapore-based financial services group DBS announced today a series of 2030 sectoral decarbonization targets aimed at cutting the emissions footprint of the company’s finance and investment activities in key carbon-intensive sectors, in alignment with its 2050 netzero goal.
Deutsche Bank announced an update to its Long-Term Incentive plan for Management Board members, the most senior executives in the company, with a portion of compensation for the group linked for the first time to the decarbonization of the bank’s corporate loan portfolio, beginning in 2024.
The bank has a rapidly growing green loan book and has provided just under $40 billion in renewable-energy financing since 2019. >>Access The road to decarbonization and a more inclusive economy will become bumpier in the coming years given the current political backlash. CLIMATE COMMITMENTS 1.5C Business Ambition for 1.5C
Sustainable aviation fuel (SAF) provider SkyNRG announced today the launch of Project Runway, a new Book & Claim initiative aimed at enabling companies and airlines to address their carbon footprints by accessing SAF, and supporting the growth of the SAF market.
The clean energy transition is happening faster than predicted, with renewable deployment rates growing in line with the International Energy Agency’s scenario for reaching net-zero by 2050. While Canadian energy majors have paid lip service to the idea of becoming “net-zero,” their current climate strategies amount to delay tactics.
This week in ESG news: EU lawmakers agree to delay sustainability reporting standards for specific sectors, non-EU companies; HSBC launches netzero transition plan; BlackRock invests $500 million in clean energy infrastructure developer; GRI launches biodiversity reporting standard; Capgemini survey finds most business leaders plan to increase sustainability (..)
Boston Consulting Group (BCG) and low carbon solutions provider World Energy announced today a new 5-year agreement for the purchase by BCG of sustainable aviation fuel certificates (SAFc) as part of the company’s efforts to achieve its netzero climate goals.
Julien Beaulieu 29, Gatineau, QC law lecturer, Université de Sherbrooke Almost half the world’s largest corporations have pledged to go net-zero, but far too many of them are “climate-washing,” Julien Beaulieu says. Robert Raynor 27, Toronto net-zero coordinator, TAS Toronto, like many Canadian cities, is in a housing crisis.
This week in ESG news: IBM study shatters “myth” that ESG harms profitability; PwC boosts nature and biodiversity capabilities; Starbucks certifies 3,500 environmentally sustainable stores; Hong Kong to require all issuers to report on climate; EU lawmakers adopt rules tackling deforestation in supply chains; Schneider Electric launches (..)
You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. It has publicly endorsed the Paris Agreement on climate change as well as the EU’s target of being net-zero by 2050. A close look at BASF’s books suggests that these two objectives may not be so far apart after all.
Deutsche Bank Ties Senior Exec Compensation to Loan BookDecarbonization Goals Private Equity & Venture Capital Carbon Accounting and Management Startup Greenly Raises $52 Million Fullerton Fund Management Raises $100 Million for Decarbonization Opportunities-Focused Private Equity Fund KKR Acquires Majority Stake in U.S.
DESCRIPTION: by Allyson Anderson Book, Sustainability Steering Team Chair. In our 2020 Report, we shared our Net- Zero Roadmap with key decarbonization pathways for achieving a net-zero transformation by mid-century. 2021 Corporate Responsibility Report. SOURCE: Baker Hughes.
As the race to netzero intensifies, businesses face growing pressure from investors, customers and policymakers to publicize environmental performance and reduce greenhouse gas (GHG) emissions. Download the e-book. The post EPDs as Building Blocks of the Decarbonization Strategy appeared first on Sphera.
We are excited to partner with BCG via the Sustainable Aviation Buyers Alliance and leverage the SAFc Registry to accelerate the roadmap toward netzero emissions.” The transaction is digitally tracked and third-party verified through a Book & Claim chain of custody ledger system.
Sustainable Finance Ericsson Issues Inaugural €500 Million Green Bond to Fund Network Energy Efficiency Initiatives Private Equity & Venture Capital Sustainable Building Tech Startup Vizcab Raises $5.5
Meanwhile, sustainability professionals are helping thousands of communities and enterprises chart paths to NetZero greenhouse gas (GHG) emissions wherein countries, communities and enterprises commit to removing as much carbon from the atmosphere as they place into it. Fortunately, Sustainability Roundtable, Inc. (SR
Meanwhile, sustainability professionals are helping thousands of communities and enterprises chart paths to NetZero greenhouse gas (GHG) emissions wherein countries, communities and enterprises commit to removing as much carbon from the atmosphere as they place into it. Fortunately, Sustainability Roundtable, Inc. (SR
A vast majority of European banks face significant climate transition risk, according to a new study released by the European Central Bank (ECB), with a “staggering 90%” found to have loan books misaligned with global climate goals and the EU’s 2050 climate neutrality target.
As demand continues to rise, we expect this additional capital will power our loan bookings volume into 2024 and enable SunPower to increase access to the benefits of solar for more homeowners.” Avi Korn, Managing Director at KKR, added: “Residential solar is a key area of focus for our Asset-Based Finance business.
From an emissions standpoint, Climate Week 2020 may go in the books as the greenest of all time. . bank to commit to net-zero emissions generated from its financing activities by 2050. . Signatories agree to implement decarbonization strategies in line with the Paris Agreement. Sessions and panels were virtual.
This enabled me to read a thought-provoking article stating and arguing that the world could be netzero much faster than thought, by the 2040s. I could dedicate another entire paragraph on decarbonizing our industry as cement and steel are massive contributors to climate change.
Last year, Ecolab set a goal for net-zero carbon emissions by 2050, getting halfway there by 2030. The company’s "Commitment to Life" vision for 2030 includes net-zero GHG emissions by 2030, and raising by 7.4 In 2019, Gutierrez issued a new goal of net-zero emissions by 2050, expecting to reach it halfway by 2025.
Additionally, Expedia Group has become a proud signatory of the Glasgow Declaration for Climate Action in Tourism, committing to deliver plans aligned with the pathways to support cutting emissions in half over the next decade and reach NetZero emissions as soon as possible before 2050. “As
Vineyards hiked their prices for wine tastings to raise revenue, but then a ban on tourists using hotels—to accommodate evacuees fleeing wildfires—eliminated the possibility of big group bookings and destination weddings. The location would be “beautiful and sunny for those that do make it through,” he added. Travel and tourism added US$7.7
Because change begins at home, we’re working to decarbonize our operations and have set a 2040 NetZero target, with interim goals of: Reducing our Scope 1 and Scope 2 emissions 75% by 2030. The training builds on our inaugural Climate Action Plan launched last year, outlining Expedia Group’s overall climate vision and approach.
Trane Technologies is leading the way in the decarbonization of homes, buildings and the cold chain through high-efficiency electric heat pumps and air conditioners, thermal management systems and other innovations in transport refrigeration.
Through bold, industry-leading action and innovation, the company is decarbonizing buildings, industry and the cold chain and advancing its 2030 Sustainability Commitments , including the Gigaton Challenge , and its pledge to be net-zero by 2050.
There’s a growing body of research on climate feedback loops,” says Allyson Book, VP of Energy Transition at Baker Hughes. ‘’And Challenges to accurate reporting on decarbonization have been simultaneously igniting in academia, at conferences, and in boardrooms, even as investors clamor for disclosure. says Tracy.
This year's event built off the learning from the SDSN's Roadmap to 2050 A Manual for National to Decarbonize by Mid-Century report published in partnership with Fondazione Eni Enrico Mattei (FEEM). The event’s panels on the first day were focused on the decarbonization of the power, transport, industry, and buildings sectors.
They just give more than they take, a concept explained by Paul Polman ‘s Net Positive book. The net positive company will operate differently from what’s normal today. ESG trends in 2022: Net-Zero ambition. They aim to create value by positively impacting the planet and society while producing profits.
Decarbonization. Is decarbonization a good thing and, if so, how do we achieve it? How do you know what went into a book, a sneaker, or a cup of coffee before it gets to your hands? PATRICK NEASE: Hi, I’m Patrick Nease, I’m the sustainability coordinator for Facebook’s netzero team. SOURCE: Meta. Greenhouse gases.
In his brilliant new book, “On Freedom,” Yale historian Timothy Snyder argues freedom means something deeper. The Path Forward Corporate leaders navigating the increasingly mandatory, increasingly politicized decarbonization world may find these lessons instructive. Freedom & Dignity As the U.S. But what does freedom mean here?
For years, companies have relied on these certificates to demonstrate their commitment to renewable energy and decarbonization. Freedom & Dignity Decarbonization debates over the nuances of EAC procurement mirror larger conversations about freedom and responsibility, both in corporate leadership and society. As the U.S. As the U.S.
Roman Krznaric’s book " The Good Ancestor " is an important antidote to redirect our thinking away from apathy and fear. Accelerating climate change will keep the federal research and development spigot open.
DESCRIPTION: Beyond the Scope is a new sustainability podcast series from Schneider Electric that brings sustainability experts and influencers together to offer insightful views on decarbonization solutions and pathways that lie ahead of us. Decarbonization solutions exist today. The journey to meeting 1.5°C link] #LifeIsON.
“It is never about the individual, but the collective,” says Jodi-Ann Jue Xuan Wang, 26, the daughter of first-generation immigrants who advises investors and governments on an equitable transition to net-zero. She specializes in climate policy and finance, advising investors and governments on an equitable transition to net-zero.
Boeing Unveils Tool to Assess Aviation Decarbonization Pathways. UK Commits to NetZero Domestic Aviation and Airports by 2040. UK High Court Orders Government to Provide Details on Plans to Hit NetZero Targets. ESG Book Launches Fund Sustainability Scoring Solution. Government & Regulators.
3BL/ - Community Offshore Wind and Brooklyn Public Library (BPL) announced a partnership to give away 3,200 books focused on STEM subjects to families living in the Red Hook Houses and the Farragut Houses, two public housing projects in northwest Brooklyn. . The donated books focus on STEM topics like renewable energy and engineering.
She passed a Zero Carbon Bill during her first term that mandates net-zero emissions by 2050 and campaigned on tougher action this term. . It aims to reach net-zero for its own operations and supply chain by 2030.) All We Can Save , the book they birthed in September, features 41 powerful voices.
This week in ESG news: BlackRock says netzero transition not yet priced into markets; Germany to transition to 80% renewable energy by 2030; Bloomberg survey finds financials still at early stages on managing climate risk; DOE allocates over $2.6 FactSet Announces 2040 NetZero Commitment. DOE Announces Over $2.6
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content