Environmental News Bits

AUGUST 17, 2022

In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international … Continue reading Influential oil company scenarios for combating climate change don’t actually meet the Paris Agreement goals, our new analysis shows.

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Paris Agreement Climate Change Greenwashing 97

Corporate Knights

JULY 4, 2022

They will also require massive amounts of capital from financial markets that still don’t adequately value the risks and opportunities associated with climate change. Broadly speaking, net-zero pledges amount to mere aspiration or greenwashing if they are not backed by science-based strategies.

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Net Zero Greenwashing Paris Agreement Banking 345

3BL Media

NOVEMBER 14, 2024

Tuesday 12 November 2024 10:00am – 11:00am (GMT+4) | Climate Transition Plans: Challenges and Solutions Join a panel of leaders as they look at climate transition plans, including the challenges and opportunities behind developing a fit-for-purpose climate transition plans.

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Greenwashing Decarbonize Net Zero Paris Agreement 130

GreenBiz

NOVEMBER 30, 2020

Yet that is precisely where the industry has found itself, after a new grassroots campaign — Clean Creatives — launched this month in the United States, aimed at pressuring advertising, PR and public affairs agencies to end what it regards as "greenwashing and misinformation campaigns that help delay climate action.". Climate Strategy.

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Divestment Net Zero Greenwashing Decarbonize 418

GreenBiz

DECEMBER 14, 2020

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. These leaders understood the direct linkage between climate change and financial risk. Disclosure also prevents greenwashing.

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CDP Climate Change Paris Agreement Corporate Financiers 203

GreenBiz

SEPTEMBER 25, 2020

This week, dozens of corporations re-upped goals, reflecting that the private sector is internalizing what’s at stake — physically, reputationally and economically — if climate change is left unchecked. Some of the most notable (some announced in the run-up to Climate Week) include: . Morgan Stanley became the first major U.S.

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Climate Change Paris Agreement Net Zero Supply Chain 239

ESG Today

MAY 6, 2024

According to the HKMA, the feedback received indicated that stakeholders welcomed the classification system, which could help deliver a clearer definition of green products, enhance interoperability, and reduce the risk of greenwashing. Click here to access the Hong Kong Taxonomy.

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Paris Agreement Greenwashing Climate Change Banking 111

Corporate Knights

DECEMBER 20, 2022

The Living Planet Report 2022 shows an average decline of 69% in wildlife populations since 1970, thus emphasizing the dual crises of biodiversity loss and climate change driven by human activities. Unlike the climate crisis that led to the signing of the Paris Agreement , biodiversity loss has received little attention until now.

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Bend the Curve Impact Investing CDP Paris Agreement 274

Chris Hall

JUNE 21, 2024

Greenwashing is a growing risk in the Chinese fund management sector, as marketing of ESG products runs ahead of standards and regulatory oversight, a new report by Greenpeace has found. China falls behind Greenwashing has emerged as a major problem in developed countries over the last decade with the rise of ESG-labelled funds.

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Greenwashing Green Investing Paris Agreement Climate Change 52

Chris Hall

OCTOBER 13, 2022

Decarbonisation strategies are not keeping pace with the commitments being made by some of the world’s most polluting companies, Climate Action 100+ (CA100+)’s latest Net Zero Company Benchmark update has found. Renewed engagement.

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Net Zero Paris Agreement Greenwashing Sustainable Investment 98

Corporate Knights

JULY 25, 2023

The Fine Print on Carbon Credits The definitions in the federal document take a fairly expansive view of “inefficient” subsidies that “encourage wasteful consumption, reduce our energy security, impede investment in clean energy sources, and undermine efforts to deal with the threat of climate change,” as the G20 defined the term in 2009.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

ESG Today

FEBRUARY 9, 2023

The suit marks the latest in a series of shareholder and legal challenges to face Shell over its energy transition strategy, including a complaint filed earlier this month to the SEC by advocacy group Global Witness accusing the company of greenwashing by misleading investors about the amount of investment it is directing towards renewable energy.

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Net Zero Climate Change Paris Agreement Greenwashing 98

Chris Hall

JULY 1, 2022

To prove his point, Usher notes the investigation by the US Securities and Exchange Commission (SEC) into greenwashing allegations made in the Wall Street Journal by a former executive of asset management firm DWS. Fancy writes: “To fix our system and curb a growing [greenwashing] disaster, we need government to fix the rules.”.

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Net Zero UNEP Greenwashing Banking 98

Chris Hall

OCTOBER 28, 2022

Regulation will never be sufficient to protect investors from greenwashing, says Alexandra Mihailescu Cichon, EVP at RepRisk. While this is to be encouraged as a step toward the transition to a more sustainable future, focused around lower-carbon economies, this same pressure has also led to an uptick in greenwashing.

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Greenwashing Paris Agreement Climate Change Banking 52

We Mean Business Coalition

JULY 3, 2024

Scientists have warned rising temperatures, exacerbated by climate change, are becoming a public health hazard for a region home to more than 30 million people. Climate change is here, changing where and how we live and restricting the ability of communities, governments and businesses to operate.

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Paris Agreement Climate Change Decarbonize Greenwashing 64

James Militzer

MARCH 2, 2023

C threshold (above pre-industrial levels) stipulated in the Paris Agreement. These young people have grown up under the shadow of climate change, and they rightly view it as a threat to their future. Were the sustainability measures and corporate social responsibility offices at VW simply engaged in greenwashing?

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Supply Chains Supply Chain Climate Change Development 98

James Militzer

JULY 12, 2023

Are carbon credits a legitimate tool to fight climate change? times on average: In other words, a typical cookstove project could be claiming to produce roughly six times more carbon credits than the actual climate benefits it generated. Bilateral agreements to allow trading between countries, under Article 6.2

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Climate Change Paris Agreement Digitalization Development 98

Chris Hall

APRIL 7, 2022

If you thought the first two Intergovernmental Panel on Climate Change (IPCC) reviews on climate science made for bleak reading, then the third instalment will be the hardest yet to digest. . He is disappointed more has not been achieved since the Paris Agreement. . “In We are way off the pace to achieve this.

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Net Zero Supply Chains Supply Chain Paris Agreement 52

Chris Hall

MARCH 10, 2022

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. degrees Celsius.

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Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

FEBRUARY 5, 2024

To be truly robust, bank rules would need to mandate climate transition plans that include criteria cutting support to fossil fuel development, identify a clear definition of greenwashing and minimum criteria on all sustainability-themed products, funds and ratings, and introduce capital requirements for fossil fuel assets.

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Banking Paris Agreement Greenwashing Green Investing 75

Chris Hall

MAY 1, 2024

This steep growth marks SBTi as a focal point of corporate climate action, said Guy Turner, Head of Carbon Markets at MSCI. “It But SBTi’s status as the gold standard for companies serious about decarbonising in line with the Paris Agreement took a serious hit last month after a highly public spat between staff and executives.

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Net Zero Paris Agreement Carbon Offsets CDP 85

Chris Hall

JANUARY 28, 2022

The GAR shows a bank’s ‘green’ assets as a proportion of total assets, while the BTAR measures how a bank’s activities contribute to EU climate goals, showing the extent to which they are financing environmentally sustainable activities.

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Banking Paris Agreement Greenwashing Climate Change 52

Chris Hall

MAY 27, 2022

When it comes to gathering the collective will to tackle climate change, it is often argued that public policy actions and private sector commitments are mutually reinforcing, spurring each side to go further and faster. The private sector’s ability to accelerate the pace of net zero transition is open to question.

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Net Zero Stranded Assets Paris Agreement Greenwashing 52

We Mean Business Coalition

NOVEMBER 29, 2022

Historic progress was made with countries agreeing to channel financial support to vulnerable communities that are already suffering devastating impacts from climate change. The deal struck in Sharm El Sheikh provided little towards changing that trend. Business looks to Dubai to deliver a breakthrough at COP28.

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Net Zero Paris Agreement Chief Sustainability Officer Climate Change 75

Sphera

APRIL 21, 2022

C - 2° C compared to the pre-industrial era, to prevent the damaging effects of climate change. Science-based targets show businesses how much and how quickly they need to reduce their GHG emissions to limit/counteract climate change. C to avoid the catastrophic impacts of climate change.

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Net Zero Paris Agreement Greenhouse Gas Protocol Climate Change 52

Chris Hall

JANUARY 21, 2022

What is required is systemic change. Every organisation and every individual must embrace their own responsibility for climate change. Above all, the climate emergency needs to be made personal. Concerns over corporate greenwash are widespread. Support moves to ensure climate misconduct faces court sanction.

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Net Zero COP26 Climate Change Paris Agreement 75

Chris Hall

MARCH 22, 2022

New tool identifies greenwashing, finds GFANZ exclusion policies lagging net zero pledges. The tracker detects greenwashing practices in the finance sector, said Director Lucie Pinson. “It At the upcoming Barclays AGM in May, shareholders will be given a vote on its new climate commitments, published today.

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Net Zero Paris Agreement Banking Greenwashing 52

Chris Hall

JUNE 7, 2024

Solid Stiell – The Bonn Climate Change Conference kicked off on Monday with a trenchant call to action from Simon Stiell , Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC). The forthcoming third round of nationally determined contributions to the Paris Agreement should not just be 1.5°C-aligned,

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Net Zero Paris Agreement Green Bonds Climate Change 78

Chris Hall

JUNE 22, 2022

Given the mixed track record of the finance sector in aligning with the goals of the Paris Agreement, its response to the increased pressure is seen as key test of major institutions’ ability to transition long-established business models. . Phasing down and out .

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Net Zero Paris Agreement Banking Climate Change 52

We Mean Business Coalition

JUNE 2, 2022

Debates are currently underway in both the EU and the US about how companies should report on the risks that climate change is bringing to their business – and vice versa. Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets.

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COP26 Net Zero Paris Agreement Greenwashing 59

GreenBiz

DECEMBER 11, 2020

Episode 248: Mastercard CSO, parsing plastics policy, Paris Agreement at 5. Does 2020 mark a turning point for delivering on the Paris Agreement goals? Happy 5th anniversary, Paris Agreement (39:25) . Climate change and healthcare (53:45) . Paris Agreement. Heather Clancy.

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Paris Agreement Chief Sustainability Officer Supply Chain Supply Chains 286

Chris Hall

JULY 21, 2023

As the urgency to address climate change intensifies, institutional investors have a crucial role to play in driving sustainable practices and advancing climate actions. This resulted in concerns over greenwashing accusations and uncertainty surrounding the interpretation of sustainable investments.

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Sustainable Investment Greenwashing Climate Change Paris Agreement 52

Chris Hall

SEPTEMBER 4, 2023

The panel was moderated by Annette Magnusson, co-founder of think-tank Climate Change Counsel. However, she has observed an increasing trend of climate-related litigations, particularly involving greenwashing and misleading advertising.

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Paris Agreement Net Zero Climate Change Greenwashing 52

Chris Hall

JUNE 7, 2022

Regulators around the world are considering increasing their scrutiny of companies’ emissions-reduction claims in a bid to dispel greenwashing concerns. . Companies will have to maintain good corporate practice on climate change, including a public commitment to reaching net zero by 2050.

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Net Zero Greenhouse Gas Protocol Chief Sustainability Officer Paris Agreement 52

Carlos Sanchez

NOVEMBER 24, 2021

Carbon offset markets have always been complex and controversial instruments to fight climate change. Climate science is clear. We need to cut greenhouse emissions rapidly in this decade to avoid the catastrophic and unpredictable effects of climate change. Offsetting is often a dangerous climate lie.

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Carbon Offsets Net Zero COP26 Climate Change 59

Chris Hall

JANUARY 18, 2023

Net Zero Insurance Alliance plan leaves door open to greenwashing, claim campaigners. But there are concerns the flexibility handed to members and other insurers will not change the sector’s current slow pace of decarbonisation. The protocol is a microcosm of the challenges facing the industry.

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Net Zero Greenwashing Climate Change Paris Agreement 52

We Mean Business Coalition

MARCH 16, 2023

The transition to a net zero economy is underway but – as the UN Intergovernmental Panel on Climate Change warns – far greater efforts are needed from governments and business to limit global warming to 1.5°C C and avoid the most disastrous impacts of climate change. However, only 0.4% C above pre-industrial levels.

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Net Zero CDP Bend the Curve Climate Change 52