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Companies are operationalizing sustainable practices in regenerative landscapes, decarbonization of transportation, and scaling innovative consumer products The momentum is palpable with committed companies and organizations. The Good News: Action is happening at scale!
This week in ESG news: COP28 ends with first-ever agreement to transition away from fossil fuels; BlackRock identifies the low carbon transition as a 2024 investment “mega force”; BCG signs 15-year deal to capture carbon from atmosphere; EU lawmakers reach landmark deal on law to address human rights & environmental impact in corporate value chains; (..)
This article was originally published in Newsweek Opinion A fierce debate is currently distracting businesses from their collective responsibility to decarbonize. Recent reports that airlines and other hard-to-decarbonize industries are to stop investing in carbon credits reflect some hesitancy creeping into the voluntary carbon market.
Greenwashing is very real and many companies are doing too little, too slowly. Other companies are exploring a ‘regenerative economy’. The book ‘ A European Just Transition for a Better World ’ is a rich resource for more examples of this regenerative approach. Look for good business examples to inspire just transition policies.
Were an individual able to get an allocation of primary shares of a B Corp (or a traditional company directly engaged in decarbonization) that would qualify as a way to invest for impact. Most often, these vehicles enable companies to raise capital with interest rates tied to delivery of certain decarbonization or nature restoration targets.
We saw new highs of ambition within one of the hardest-to-decarbonize sectors, as Cemex, Holcim and Titan become the first cement companies to set 1.5°C-aligned New guidance and tools were launched to further support companies on the path to decarbonization. C-aligned science-based targets. C temperature rise limit.
make greenwashing easier to detect and allow companies that are really delivering on climate action to stand out from the crowd. Natasha Santos, vice president and head of global stakeholder affairs and strategic partnerships at Bayer spoke of the 200 million hectares now covered by farmers in their supply chain using regenerative practices.
Thomae sees some evidence of transition costs becoming more tangible to investors, such as the investment required to finally address methane flaring, as promised by the Oil and Gas Decarbonization Charter (OGDC), part of the GDA. The cost profile [of transition] is going to become centre stage,” he notes.
Frozen food giant, McCain is also driving regenerative agriculture through its Regenerative Agriculture Framework, focusing on improving soil health, water quality, water use optimization, biodiversity, and reducing synthetic inputs. The move aims to accelerate the shift towards a net-zero, nature-positive role for agri-commodities.
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