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

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

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Henkel Defines Net-Zero Targets

3BL Media

DÜSSELDORF, Germany, November 4, 2024 /3BL/ - In line with its ambitions for sustainability within its agenda for purposeful growth, Henkel has defined a net-zero roadmap, substantially extending its targets for emissions reduction along the value chain. We all have to take responsibility and help limit global warming to 1.5°C,

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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‘Any delay means risk’: Senator looks to speed up banks’ net-zero journey

Corporate Knights

In the pursuit of its net-zero 2050 goal, Canada needs a rigorous strategy to require banks and other key financial system players, including Crown corporations, to fully align their operations with the country’s international climate commitments. And any delay means risk and means losing money.”.

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Del Monte Foods Announces Commitment to Net-Zero Emissions Goal

3BL Media

Plant-Based Foods Leader Aligns with Science Based Targets Initiative (SBTi) to Set Measurable Actions for Achieving Net-Zero by 2050. announced today its commitment to achieve net-zero emissions by 2050 in line with the Science Based Targets Initiative’s (SBTi) Net - Zero Standard.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. degree Celsius pathway by 2050, in support of the Paris Agreement. Our net zero strategy addresses both the corporate and investment levels. AB to align operations and range of investment strategies with 1.5-degree SOURCE: AllianceBernstein.

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Use of Employee Incentives to Hit Climate Goals More than Doubles Over Past Year: Accenture

ESG Today

While companies are increasingly adopting emissions reduction measures, however, the report found that less than one in five are on track to hit net zero emissions in their operations by 2050. over the prior year, after growing from 27% in 2021. over the prior year, after growing from 27% in 2021.

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