Remove Development Remove Greenwashing Remove Paris Agreement
article thumbnail

An authoratarian petrostate takes centre stage as COP29 host

Corporate Knights

Moreover, the UN’s visionary commitment to develop a more just, tolerant society as part of its Paris Agreement goals also looks shaky when it works with an authoritarian family dictatorship. We have neither the time nor the patience for more scams or games of smoke and mirrors like your greenwashing fund.

article thumbnail

Big business puts its industry associations on notice: No more blocking climate policy

Corporate Knights

Today, companies representing 40% of the stock market have committed to science-based targets around reducing their greenhouse gas emissions in line with the Paris Agreement. . Supporting climate action aligned with the Paris Agreement when engaging with policy-makers. These companies are not run by wide-eyed idealists.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is the Competition Bureau's probe into RBC's climate claims a warning to other banks?

Corporate Knights

But Ecojustice lawyer Matt Hulse said Canada’s current regulatory system still requires citizens to play “whack-a-mole” against the behaviour of individual banks, rather than taking a systemic approach to greenwashing and fossil fuel finance. This is disingenuous greenwashing at best, and unlawful at worst.

Banking 313
article thumbnail

OECD Warns of Climate-alignment “Blind Spot”

Chris Hall

Climate-related systemic risk will not be properly reflected by financial markets until governments ensure both real economy and financial sector policies support climate alignment, recent research suggests.

article thumbnail

KPMG at COP29 Agenda

3BL Media

Tuesday 12 November 2024 10:00am – 11:00am (GMT+4) | Climate Transition Plans: Challenges and Solutions Join a panel of leaders as they look at climate transition plans, including the challenges and opportunities behind developing a fit-for-purpose climate transition plans.

article thumbnail

If done well, financial regulations play a crucial role in cutting carbon emissions

Corporate Knights

At the same time, Canada’s financial system continues to pump billions of dollars into fossil fuel developments. This cannot continue if we are realistically going to achieve the goals of the Paris Agreement and keep global warming below 1.5 ° C. A credible climate plan must commit to action that will achieve those targets.

article thumbnail

Pressure on creatives: PR, advertising firms targeted by fossil fuel divestment movement

GreenBiz

Airlines have faced "flygskam" — or flight shame — which has seen some travelers shun air travel, heightening pressure for the sector to demonstrate that it can develop a flight path to net-zero emissions. And energy providers the world over are rushing to slash their reliance on fossil fuels as the clean energy transition gathers pace. .