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The House of Lords Science and Technology Committee has written to Alok Sharma MP, President for COP26, citing recent evidence gathered as part of the Committee’s ongoing inquiry into nature-based solutions for climatechange.
Read the full story in Anthropocene Magazine. In a first-of-its-kind global assessment, researchers found that having a sustainability board or an official climate-change initiative has little effect or even worsens a company’s carbon emissions.
The current lack of regulation for these emerging markets has led to concerns that poor quality or low ambition schemes could create a ‘wild west’ that allows certain industries or businesses to greenwash, while also missing out on opportunities to maximise benefits for nature and people.
Greenwashing also remains a major concern among industry insiders, with 94% of respondents believing it is prevalent in the UK. The full report and survey findings can be downloaded here.
And how can businesses tackle them in order to pursue their climatechange goals? The climatechange agenda feels like it’s mostly controlled by scientists and accountants – many of whom aren’t great communicators. We can’t pump an infinite amount of carbon into the atmosphere without catastrophic climatechange.
“Plastic is now pouring into the natural world at a rate of one garbage truck a minute, creating a crisis for wildlife, the climate and public health. Disposal of plastics through incineration and backyard burning also contributes to climatechange and creates a toxic fallout undermining human and planetary health.
A Target-Measure-Act approach, developed by WRAP, ensures rigorous evaluation of progress, giving transparent and publicly reported updates against targets to avoid greenwashing.” As the effects of climatechange become more damaging and food security is tested to the limit, the Courtauld Commitment 2030 is more important than ever.
With tackling climatechange top of the global agenda, we’re seeing companies around the world making great strides in reducing their Scope 1 and Scope 2 emissions. Companies from all industries are clamouring to demonstrate their green credentials, aware that a robust climate strategy is crucial to their future success.
While this study elevated a discussion about the role of nature in fighting climatechange, it also raised concerns around the adverse environmental impacts of mass tree plantations, carbon offsetting schemes, and greenwashing.
A convoy of tractors was making its way to a Dutch government building in February when Tesla CEO Elon Musk tweeted out his support for farmers revolting against the EU’s regulatory push to drive down climate emissions: “I’m pro-environment, but I support the farmers! Farming has no material effect on climatechange.”
Earlier this year Coldplay announced that its air travel would be powered by green jet fuel but was then accused of greenwashing for partnering with Neste, whose controversial “sustainable aviation fuel” might not be entirely green. The post The music industry changes its tune on climatechange appeared first on Corporate Knights.
Today the PR industry propping up the sector is considered one of the biggest obstructions to climatechange mitigation. As the medium goes digital and the message becomes more subtle and diffuse, pro-oil marketing is being baked into our social media feeds and infiltrating climate conferences.
Anything less is a breach of its legal duties and amounts to greenwashing and climate delay. But its pie-in-the-sky approach to net zero pushes that risk onto young people and future generations who stand to be hit hardest by the climate crisis. This is why we are taking this legal action today.”.
The ISSB “will bring further transparency on the financial impacts of climatechange,” said Mary Schapiro, Head of the TCFD Secretariat. Hong Kong, which aims to implement the ISSB standards by the end of 2022, requires fund managers to include climate risks in their processes as well as make appropriate disclosures.
More than you’d expect for someone who spends his time working on the impacts of biodiversity loss and climatechange in his native Kenya. And certainly more than you’d expect for someone who had to leave his home in Trans-Nzoia County, on Kenya’s western border, because of flooding caused by the climate emergency.
Germany, and other major economies will likely have an impact on global efforts to combat climatechange. At the same time, many experts are optimistic that the use of advanced technologies and the implementation of mandatory climate disclosures will help companies make progress on their sustainability goals.
Germany, and other major economies will likely have an impact on global efforts to combat climatechange. At the same time, many experts are optimistic that the use of advanced technologies and the implementation of mandatory climate disclosures will help companies make progress on their sustainability goals.
Dr. Matthew Bell, EY Global ClimateChange and Sustainability Services Leader, says: The global investor community should be front and center of the drive for sustainability, but instead what were witnessing is worrying levels of apathy.
In Brazil, incoming rules require listed companies and financial institutions to report publicly not only their emissions, but also the risks they face from climatechange. For example, a new law in the EU requires companies to create plans that lay out how they will transition to net zero. However, many of these rules remain soft.
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