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Alberta's conservative party invites climate disinformation into policy debate

Corporate Knights

Members of Alberta’s governing United Conservative Party are debating whether to abandon existing net-zero targets at the party’s annual general meeting in Red Deer this week – a move that would further signal the province’s departure from global and national priorities for mitigating emissions.

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Transform to Net Zero: Microsoft, Nike, Starbucks team up on corporate climate alliance

GreenBiz

Transform to Net Zero: Microsoft, Nike, Starbucks team up on corporate climate alliance. They also have committed to share information on investing in carbon-reduction technologies and to collectively push for public policies that accelerate the net zero transition. Cecilia Keating. Wed, 07/22/2020 - 00:20.

Net Zero 471
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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

Net Zero 402
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Large asset managers lagging on net-zero targets

Corporate Knights

As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios. . trillion in assets, came last at 4% net-zero assets under management.

Net Zero 317
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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

Net Zero 398
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Canada’s net-zero opportunities might skip some provinces

Corporate Knights

Canada’s provincial governments need comprehensive net-zero climate strategies to drive growth in the green economy, but some are sending mixed policy signals to the companies that will create tomorrow’s jobs, says a new report from the Canadian Climate Institute. . However, B.C.

Net Zero 325
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Canada’s Big Five banks keep moving further away from net-zero

Corporate Knights

A new report renders a damning portrait of Canada’s Big Five banks on their path to net-zero emissions by 2050. The Big Five banks have taken little voluntary action to align their business practices with their own net-zero commitments. billion in fossil lending and underwriting out of total financing activity of U.S.$499

Net Zero 353