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Watch our webinar and hear from CDP’s and Sphera’s experts: Why the TCFD recommendations are relevant for your ESG strategy and your decarbonization efforts. How CDP provides the mechanism for climate reporting in line with the TCFD recommendations. Register to watch the webinar.
Having long focused on the risks climate change poses to the profitability and longevity of financial activities, financial institutions and private equity must now shift focus on their climate impact through their investment and lending activities, while leveraging their economic influence to facilitate decarbonization.
Watch our webinar and hear from Sphera’s experts: Traditionally, organizations have focused on Scope 1 and Scope 2 emissions to measure, improve, and report their sustainability and ESG performance. With the growing focus on net-zero and decarbonization targets, Scope 3 emissions are increasingly in the spotlight.
DESCRIPTION: Investors and regulators increasingly expect companies to have both a decarbonization strategy (greenhouse gas accounting, science-based targets, low-carbon transition plan) and a climate resiliency strategy (managing acute/chronic physical risks and regulatory/market transition risks). Watch On-Demand.
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Signals of change in the net zero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. Japan, alongside the other G7 countries, committed last year to largely decarbonize their power sectors by 2035, but Tokyo has yet to map out a clear path for the goal.
France has put forward its own plan to support a decarbonized reindustrialization of the country. CISL says this is a ‘crucial piece’ of the energy decarbonization puzzle which can help G7 countries meet commitments made last month to accelerate the clean energy transition.
Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. ” And Iberdrola has become the energy partner of LatemAluminium with the aim of decarbonizing its aluminum production processes through renewable electricity and green hydrogen.
Priorities during the first phase of Taylor Wimpey’s plan include improving home energy efficiency, procuring renewable electricity for new sites, finding alternatives to diesel generators and decarbonizing supply chains for key materials.
And in Japan, conglomerate Mitsubishi and MUFG Bank have launched a decarbonization fund aimed at European and US start-ups which specialize in offshore wind turbines and sustainable aviation fuel.
GFANZ confirmed that the chapter will launch in June, and will support local financial institutions to decarbonize their investments and help the country to meet its net zero goal. And the We Mean Business Coalition has partnered with B-Lab – the leaders of the global B-Corp movement – to collaborate on business climate action initiatives.
Google will use some of the energy generated to help decarbonize its own data centers – as efforts to do so have in the past been held up by long backlogs to connect renewables projects to the electricity grid. And nine European countries have pledged to increase offshore wind capacity in the North Sea eightfold by 2050.
And this year’s Global Supply Chains Report from CDP has shown which companies took the necessary action on supply chain emissions in 2022. Of the more than 18,500 companies disclosing to CDP in 2022, roughly 7,000 said that they engaged their suppliers on climate change issues. million homes. million homes. German energy giant E.ON
Net zero signals of change this week include billions of euros for industrial decarbonization in Germany. Net Zero Economy / Finance The European Securities and Markets Authority (ESMA) has published a new report that helps to define ‘greenwashing’ from the authority’s point of view.
Transport Founding EV100 member LeasePlan has taken significant steps forward in its partnership with G4S to decarbonize the company’s vehicle fleet by 2040. Since 2021, LeasePlan has been working with G4S in the UK and Ireland on reducing emissions from its 1,600 car and light-commercial vehicles. .
The letter, signed by firms including Cemex, British Steel and Kingfisher, states that the UK risks being left behind in the green transition as other countries compete to incentivize economy-wide decarbonization. Further good news for European industrial decarbonization came as the European Commission approved state aid measures of $2.85
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