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

GreenBiz

The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supply chain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later. Pull Quote. Finance & Investing.

Net Zero 402
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Corporations promise to go deforestation-free – again

Corporate Knights

A laundry list of corporate pledges and climate solutions are on discussion boards here, and one message comes up again and again: there is no meeting Paris Agreement climate targets without halting forest loss. . It’s all part of the drum-beating prelude to the 27th UN climate summit taking place in Egypt this November. There are 1.6

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place. A statement provided by Shell welcomed signs that some form of new regulatory regime was on the way.

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Lessons of giants will bring us to a greener future

Corporate Knights

For businesses, that includes our direct operations, and it also includes Scope 3 emissions (indirect emissions that result from a company’s supply chains and use of its products), which are an order of magnitude larger. If the answer is no, we need to make it yes everywhere we have influence. What is the right speed?

Net Zero 264
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How to Engage With Suppliers to Join the 1.5°C Journey

3BL Media

Nearly three months after COP26, and six years after the Paris Agreement of 2015, why has so little happened to combat climate change, and how can businesses take action? We have just closed the doors behind COP26, yet another gathering of the big players of the world. In light of the newly launched 1.5°C Read the 1.5°C

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ICYMI, Opportunity Narrows on Meeting Paris Agreement Goals

Chris Hall

Focused on mitigation, the report noted that progress on the alignment of financial flows towards the goals of the Paris Agreement remained slow, with tracked climate finance flows distributed unevenly across regions and sectors. . trillion, warned that “only a very small window remains to meet the goals of the Paris Agreement”.

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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. This type of agreement also helps distribute the project risks, facilitating access to finance. Model 3—Utility-Green Hydrogen Partnerships. Four Ways Development Agencies Can Advance Carbon Markets.