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IFRS Says Over Half of Global Economy Moving Towards Coverage by ISSB Sustainability Reporting Standards

ESG Today

The IFRS Foundation’s International Sustainability Standards Board (ISSB) was launched in November 2021 at the COP26 climate conference, with the goal to develop IFRS Sustainability Disclosure Standards to provide investors with information about companies’ sustainability risks and opportunities.

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

GreenBiz

We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.". "We know this is an issue that many of our 40 million customers care deeply about, particularly in our retail and private banking businesses," Quinn wrote.

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Food waste contributes 10% to global emissions but 9 out of 10 countries’ NDCs fail to focus on food waste and loss

Envirotec Magazine

WRAP warns that food loss and waste have devastating impacts on society and global economies too. The World Economic Forum estimates that food loss and waste costs the global economy $936 billion a year, while more than 783 million people go hungry and a third of humanity faces food insecurity.

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Impact on Carbon: How the EcoVadis Network Supports Companies in Tackling Emissions

3BL Media

One recent study found that net zero commitments now cover at least 68% of the global economy. C warming by mid-century – a development that would irrevocably compromise climatic stability. C warming by mid-century – a development that would irrevocably compromise climatic stability.

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Trade group reiterates the environmental and economic value of biogas to new ministers

Envirotec Magazine

Appointments of new COP26 President and Environment Secretary triggers renewed efforts to demonstrate the benefits of biogas for decarbonising the UK and global economies. Ahead of COP26, the UK must show strong leadership and commitment on environmental issues or risk serious embarrassment.

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Lessons of giants will bring us to a greener future

Corporate Knights

Brazil, Russia and China have pledged to be net-zero by 2060, and India, which is at an earlier stage of industrial development, by 2070. And 130 countries have also promised to reach net-zero emissions by 2050, including all the G7 countries and South Africa. These pledges should not be underestimated. What is the right speed?

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

As such, attention is likely to quickly turn to alternative avenues for accelerating the development and adoption of the lower-carbon shipping technologies and practices that remain in the pipeline. As the U.K. has a role to play in pushing for the highest possible ambition at this week's talks.

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