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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. Barclays’ accounting additionally covers the capital markets activity it supports. Disclosure and reporting.

Net Zero 365
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Episode 243: VERGE voices with Apple's Lisa Jackson, 350.org's Bill McKibben

GreenBiz

She chats about JPMorgan Chase's new financing commitment aligned with the Paris Agreement, how it's helping clients with their carbon mitigation journeys, and its strategy for supporting stronger community resilience. . Missing pieces of decarbonization. A 'Fixation' with fixing things (41:30) . Read an excerpt here.

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TotalEnergies, Shell, Equinor JV Completes World-First Commercial CO2 Storage Project in Norway

ESG Today

Longship was unveiled in September 2020, with the government describing carbon capture and storage as a prerequisite for reducing global greenhouse gas emissions in line with the Paris Agreement climate targets. The capacity for the first phase has already been fully booked by customers in Norway and Continental Europe.

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ESG Today: Week in Review

ESG Today

Million Exec Moves Rabobank Launches North America Energy Transition Team BNP Paribas AM Appoints Rodolphe Brumm as Head of Low Carbon Infrastructure Equity Reports, Surveys & Studies Companies Losing Focus on Climate Action, EY Survey of CSOs Finds Over 75% of Companies Have Cut Emissions Intensity Since Paris Agreement: Accenture

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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. . Signatories agree to implement decarbonization strategies in line with the Paris Agreement. Sessions and panels were virtual. There were no breakfast buffets. People presumably drank alone instead of mingling at happy hours.

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ESG Today: Week in Review

ESG Today

Truck Builder Scania Sets 2030 Goal to Decarbonize Supply Chain. Volvo, Rio Tinto Announce Low Carbon Materials and Decarbonization-Focused Partnership. United Airlines Signs Agreement for up to 400 Electric “Air Taxi” Aircraft from Embraer-Backed Eve. McKinsey, Microsoft Partner on End-to-End Decarbonization Solution.

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

Corporate Knights

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.