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SUMMARY: James Mandel, Blackstone’s ChiefSustainabilityOfficer, and Jake Shirmer, a Principal in Portfolio Operations, explain why tracking greenhouse gas emissions is neither greenwashing nor a compliance checkbox. Rightly understood, then, tracking GHG emissions is neither greenwashing nor a compliance checkbox.
We saw new highs of ambition within one of the hardest-to-decarbonize sectors, as Cemex, Holcim and Titan become the first cement companies to set 1.5°C-aligned New guidance and tools were launched to further support companies on the path to decarbonization. C-aligned science-based targets. C temperature rise limit.
make greenwashing easier to detect and allow companies that are really delivering on climate action to stand out from the crowd. Mission Possible Partnership launched its 2030 Milestones , detailing the necessary actions needed this decade to decarbonize heavy industry. Business is getting on with the job of cutting emissions.
Delta works toward decarbonizing in the aviation industry, including purchasing Sustainable Aviation Fuel (SAF) offsets, exploring the potential for hydrogen-powered aircrafts, and providing electric flight services for Delta customers from their homes to the airport.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Biden Turns to Private Sector to Ramp Building Decarbonization Efforts. Australia Financial Industry Body Sets Anti-Greenwashing Expectations for Fund Managers. Sustainable Finance.
This week in ESG news: Microsoft signs one of the largest ever carbon removal deals; Deloitte survey finds over 40% of Gen Z & Millennials would switch jobs over climate concerns; EU Parliament proposes ban on green claims based only on carbon offsetting; Morgan Stanley raises $500 million for climate solutions fund; most companies planning to (..)
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Purchases Carbon Credits Helping U.S.
Cities Government & Regulators Australia to Launch Decarbonization Plans for Key Sectors Biden Launches $20 Billion Climate and Clean Tech Project Financing Programs Australia Releases Rules for Sustainability Claims to Fight Greenwashing by Companies ESG Reporting & Disclosure Norway’s $1.3
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)
Billion for Sustainable Food Chain Fund Infrastructure Tech Startup Neara Raises $24 Million to Help Utilities Deploy Renewable Energy, Reduce Climate Risk InterContinental Energy Raises $115 Million to Develop Green Hydrogen Projects
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Amazon, Google, Microsoft, Nucor Pioneer New Clean Energy Investment, Risk Sharing Models with Duke Energy Brookfield In Talks to Acquire Clean Energy Developer Neoen for $6.6
Solar Developer Pine Gate Raises $650 Million ESG Investing Bloomberg Launches Sustainability Screening Tool for Investors Exec Moves IBM Appoints Christina Shim as New ChiefSustainabilityOfficer Million Carbonfact Raises $15 Million for Emissions Reporting Solution for Fashion Industry U.S.
Nearly all with net zero goals said that they have a plan to deliver their targets, with top strategies including tilting mostly towards low emitters (25%), shifting capital to high emitters that are decarbonizing (25%), or a combination of both strategies (28%).
In todays economic and political landscape, chiefsustainabilityofficers who can quantify the value of initiatives have a better chance of winning internal and investor funds for those initiatives.
This week in ESG news: BNP Paribas faces first-ever commercial bank climate lawsuit; HSBC unveils new financed emissions goals; Republicans urge Congress to block ESG investing rule; Allianz to vote against companies who don’t tie pay to ESG goals; United Airlines launches venture fund for sustainable aviation fuel startups; India proposes ESG investing (..)
This week in ESG news: BCG launches sustainability and climate policy & regulation center; Congress votes down Biden ESG investing rule; Deutsche Bank eyes big sustainable finance opportunity; Canada government to require suppliers to disclose emissions, set targets; Citi sets climate goals for carbon-intensive sectors; EU lawmakers agree to new (..)
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