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DESCRIPTION: TORONTO, June 13, 2022 /3BL Media/ - In celebration of World Environment Day, Scotiabank is announcing that from now until July 14th, Scotiabank's Net-ZeroResearch Fund is accepting funding applications from think tanks and academic institutions that are supporting key sectors in their efforts to decarbonize the economy.
A group of carbon market and removal-focused organizations* announced the publication of an open letter to the NetZero Asset Owners Alliance (NZAOA), calling on the investor group to affirm its support for carbon removal technologies, after disallowing their use in its members’ climate goals.
In celebration of Earth Day, two sister events were held to host sustainability practitioners from around the globe to share their experiences in the pursuit of a netzero campus. Globally, more than 1,000 colleges and universities have committed to reaching netzero emissions.
On the “E” in ESG in particular, 86% of Americans we polled, across political parties, were in favor of federal disclosure requirements for climate data. The SEC’s move also comes as the need for more ambitious climate action becomes increasingly urgent. The company’s climate commitment is a verified 1.5 Verified 1.5°C
C ambition needed to avoid the most significant effects of global warming, according to a new study released today by climateresearch provider and environmental disclosure platform CDP, and management consulting firm Oliver Wyman. C above pre-industrial levels, falling well short of the Paris Agreement’s 1.5°C
Tying CEO pay to climate metrics seen as increasing accountability to investors, but no consensus on optimal approach. . The practice of incentivising CEOs to deliver on climatechange commitments through remuneration is in its infancy, with many firms struggling to identify appropriate metrics or balance short- and long-term goals. .
ESG in Action Climatechange is already materially affecting financial and economic outcomes, and that impact is expected to grow significantly in the coming years. That’s why AllianceBernstein, in partnership with Columbia University’s Climate School, developed the ClimateChange and Investment Academy.
Originally published in Bloomberg's 2023 Impact Report Structural and systemic shifts accompanying climatechange, such as resource scarcity, new technologies and regulations, pose business risks and offer opportunities to issuers and investors globally. Reporting on the business and science of climatechange Bloomberg L.P.’s
European market infrastructure provider Euronext announced today the launch of a new index investing in companies with climate goals approved by the Science Based Targets initiative (SBTi) as in line with the 1.5°C C goal of the Paris Agreement.
Climateresearch provider and environmental disclosure platform CDP announced today the release of its company scores for 2022, including its annual “A List” of top performers. But we cannot ignore that these companies are in the minority.
SUMMARY: Potsdam Institute for ClimateResearch (PIK) Selects Lenovo High Performance Computing Solutions to Advance Energy Efficient ClimateResearch. DESCRIPTION: RESEARCH TRIANGLE PARK, N.C., SOURCE: Lenovo. Today’s businesses are expected to serve a larger purpose with sustainable and responsible innovation.
Meanwhile, firms and portfolios that develop innovative ways to research material ESG issues and to deploy capital effectively to meet clients’ fiduciary needs will likely gain traction. Case Study: ClimateResearch and Implementation As one of the most prominent ESG issues globally, climatechange deserves special attention.
Climate resilience is the ability to anticipate, prepare for, and withstand hazardous events, shifting consumer trends and behaviors, or business disturbances related to climatechange. Climate resilience is crucial for all market participants up and down the value chain. in Geophysics from University of Moscow, Russia.
Bert Kramer, Head of ClimateResearch at Ortec Finance, says we cannot discount the possibility of a transition-related financial crisis. As the clock ticks down from the 2015 Paris Agreement, there is growing uncertainty that on our current trajectory the world is going to meet the stated goal to be netzero by 2050.
But the reports also highlight the environmental and revenue risks from current finance flows, which are currently fuelling climatechange. US banks financed and facilitated 63.1 billion), Citigroup (US$23.8 billion), and JP Morgan Chase (US$23.8 billion). The sector contributes nearly 10% to Brazil’s GDP.
PCRAM 2.0), and integrating it into our Climate Resilience Investment Framework ,” says Danielle Boyd, Head of Climate Strategy Implementation at the IIGCC. “ Despite the recognition of adaptation’s importance, there is still a lack of robust funding mechanisms and clear pathways for implementation,” says Goodland.
According to research by Sustainable Fitch, this proliferation means that investors will increasingly be presented with climate scenario analysis as the basis for assessing transition and netzero plans of corporates.
I first started working on climatechange in the 1990s, advising President Clinton as Chair of the Council of Economic Advisers in the run-up to the 1997 Kyoto Conference of Parties. We understood that the potential cost of climatechange was significant. . Yellen’s to the Institute of International Finance.
He and Colton, who oversaw the development of this year’s guidelines, told us in our discussion that even though they sent the letter and guidelines in January, their guidance has not changed. And this year we’ve escalated it to really articulate what we’re expecting from a climate transition plan.
“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. Note: judges abstained from voting for anyone involved in their organization.)
The panel will take place on opening day of the prestigious VERGE climate conference put on by the Trellis Group (formerly GreenBiz). Verge 2024: Deploying Climate Tech at Scale Session: Tackling Super Pollutants on the Path to NetZero Tuesday, October 29, 3:15-4:15 p.m. Learn more at www.heatreduction.com.
This sustainability podcast series goes beyond the obvious in support of positive and collective climate action and is powered by insights from the Schneider ElectricTM Sustainability Research Institute. The fight against climatechange is too much for companies and governments to handle alone. link] #LifeIsON.
Despite suffering severe impacts from climatechange, Australia remains married to coal, but alternative energy opportunities are emerging. Many of the communities dealing with this recent flooding have already had to deal with a range of cascading climate events in recent years. What are Australia’s stated netzero goals?
Greater clarity about the trajectory of climatechange – and the need for decisive action – appeared to be forthcoming from the latest summary from the Intergovernmental Panel on ClimateChange (IPCC), published on 9 August. The new AR6 report provides a “likely” (67% probability) climate sensitivity range of 2.5°C
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