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SBTi Net Zero Standard to Boost Banks’ Transition

Chris Hall

The Science Based Targets initiative ’s (SBTi) much-anticipated Financial Institutions Net Zero (FINZ) standard is expected to place banks under more pressure to increase their climate-related transparency and ambition.

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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. . billion, followed by New York City–based Citi at US $2.18 8 DBS Bank Ltd.

Banking 360
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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

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 net zero. Pull Quote.

Net Zero 365
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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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New report highlights potential of mine energy in achieving UK net zero target

Envirotec Magazine

A new white paper published by the Mine Energy Taskforce and Local Energy Hub network has called for greater support for mine energy as a key low carbon heat source in the UK that can contribute to government’s ambition to reach net zero by 2050.

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Climate Change at Paramount

3BL Media

We plan to set these goals in line with the latest climate projections, and the Paris Agreement, working through the Science Based Targets initiative (SBTi). C, a global coalition of United Nations agencies and business leaders calling for science-based net zero emissions targets.

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

Corporate Knights

BASF resists the characterization, pointing to its track record – since 1990, the company has reduced its greenhouse gas emissions by 50% – and its objective to achieve net-zero by 2050 (five years later than the German national target of 2045).