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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

Beyond 2030, BCG aspires to be "climate positive" — by removing more carbon dioxide emissions from the atmosphere on an ongoing basis than it actually emits through its own activities. It previously committed to purchasing 100 percent renewable energy and will use energy-efficiency measures to fill the gap.

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Burberry Steps Out With New £300m Sustainability Loan

3BL Media

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climate positive target last June, which will place the company ten years ahead of the 1.5C pathway laid out in the Paris Agreement.

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Sport Positive Summit Brings Together Sports Organisations To Discuss Action and Ambition on Climate Change, and Calls for Cooperation

3BL Media

In addressing the climate crisis, everyone has a role to play, and the IOC has taken the lead within the Olympic Movement. In line with the Paris Agreement , the IOC has committed to reducing its direct and indirect emissions by 50 per cent by 2030. From 2030, all Olympic Games are required to be climate positive.

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Least Paris-aligned Firms are Most Engaged on US Climate Policy

Chris Hall

It additionally provides a summary of its scoring, including a climate lobbying overview of individual firms. . InfluenceMap’s data also shows that companies with worse grades and greatest misalignment with the objectives of the Paris Agreement have higher levels of engagement intensity.

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Burberry’s Net Zero Emissions Goals Approved by SBTi

ESG Today

Luxury brand Burberry announced today that its climate goals have been approved by the Science-Based Targets Initiative (SBTi) as meeting the criteria to keep global warming to 1.5°C C in line with the Paris Agreement. by 2030, from a 2019 baseline.

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Stewardship a “Critical Component” of Border to Coast’s Climate Strategy

Chris Hall

The scheme updated its voting guidelines for the 2024 proxy voting season to strengthen its stance on climate change. The theme encompasses climate governance, strategy and alignment with the Paris Agreement, board oversight and incentivisation, Scope 3 emissions and the supply chain, and just transition.

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All Systems go for Net Zero

Chris Hall

COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. Remco Fischer, Head of Climate Change at the UN Environment Programme Finance Initiative, sees less risk for investors taking bets on a 1.5°C C has not lessened; if anything, it has increased,” he says.