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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. Pull Quote.

Net Zero 402
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Aligning Capital to Ambitious Climate Goals

Chris Hall

As we approach COP29, which (roughly) coincides with the fourth anniversary of the Net Zero Asset Managers initiative (NZAM), it’s an excellent moment to reflect on progress and reaffirm the individual commitments of NZAM signatories to accelerating the transition to a net zero global economy.

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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?

Net Zero 264
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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.

Shipping 436
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Climate Action 100+ Net Zero Company Benchmark Shows Continued Progress on Ambition Contrasted by a Lack of Detailed Plans of Action

3BL Media

The results show that most focus companies are not moving fast enough to align with the goals of the Paris Agreement and reduce investors’ risk. CTI’s assessments show that the CapEx plans of oil and gas companies across the board are not aligned with the Paris Agreement goals. C) pathway.

Net Zero 147
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Ceres Releases New Guide To Aid U.S. Food Sector’s Climate Transition Plans As Investors Ramp Up Pressure

3BL Media

The global food system is responsible for approximately one third of global emissions and the Intergovernmental Panel on Climate Change recently outlined how global temperature rise stands to negatively affect the global economy, food security and both human and planetary health. by the end of the decade.

Net Zero 246
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COP27: A Breakthrough for People and Planet

3BL Media

DESCRIPTION: The 27th United Nations (UN) Conference of the Parties (COP), which took place this November in Sharm El Sheikh, Egypt, marked a significant milestone in developing action against climate change. Loss and Damage’ Fund Agreement. Mitigation Work Program’ Development. Loss and damage, 22. degrees celsius.