How a more inclusive marketplace can promote low-carbon growth
GreenBiz
JUNE 16, 2023
Developing sector-based benchmarks for issuing carbon credits would open markets to emerging companies and mark significant progress toward Paris Agreement goals.
HSBC is latest bank to pledge net-zero financed emissions by mid-century
GreenBiz
OCTOBER 13, 2020
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. Finance & Investing.
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Trending Sources
Big business puts its industry associations on notice: No more blocking climate policy
Corporate Knights
NOVEMBER 7, 2022
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.
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Coca-Cola on board with emphasizing human impact
GreenBiz
OCTOBER 12, 2020
So failure to address one issue is just going to exacerbate the risk of another," said Kristen Lang, senior director of the Ceres Company Network and lead author of the nonprofit’s latest set of suggested strategic, operational and policy change actions necessary for the corporate world to meet the warming-mitigation goals of the Paris Agreement.
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New framework for CO2 offsets could create "cowboy carbon markets," critics warn
Corporate Knights
NOVEMBER 26, 2024
For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. At least one major international bank, HSBC, is voting with its feet.
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Amazon aims to clean up aviation
GreenBiz
JANUARY 27, 2021
Amazon Vice President of Worldwide Sustainability Kara Hurst released a statement about the investment: Amazon created The Climate Pledge Fund to support the development of technologies and services that will enable Amazon and other companies to reach the goals of the Paris Agreement 10 years early — achieving net-zero carbon by 2040.
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HSBC to stop financing new oil and gas fields except in Canada
Corporate Knights
DECEMBER 19, 2022
London-based HSBC Holdings says it will cease financing for the development of new oil and gas fields in order to tackle climate change while carving out its Canadian unit from the policy change. Canadian banks remain major investors and lenders for oil and natural gas developments and the infrastructure needed to expand production.
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Morgan Stanley will measure CO2 impact of loans and investments
GreenBiz
JULY 27, 2020
bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Morgan Stanley has become the first major U.S. trillion in assets.
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An authoratarian petrostate takes centre stage as COP29 host
Corporate Knights
NOVEMBER 11, 2024
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. Freedom House, a Washington, D.C.–based s score of 18/100).
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Four Ways Development Agencies Can Advance Carbon Markets
3BL Media
SEPTEMBER 28, 2022
Looking at how international development agencies can advance carbon markets. DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at how international development agencies can advance carbon markets. SOURCE: Tetra Tech. Key Issue 1—Domestic Action vs. International Transfers.
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Lenovo's Journey to Net-Zero: Natural Resources Conservation
3BL Media
JULY 27, 2022
In a nutshell: Even if we achieve the goal of the Paris Agreement and limit global warming to 1.5 Lenovo developed NeptuneTM liquid cooled solutions to recycle loops of warm water to cool the system. degrees celsius above pre-industrial levels, existing climate change will still stress water as resource around the world.
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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future
GreenBiz
SEPTEMBER 1, 2020
It works on more than 350 such projects with more than 250 organizations, including the World Economic Forum, WWF and the World Business Council for Sustainable Development. How does BCG's new pledges compare with other leading business consulting firms?
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AMD Ranking Rises in 100 Best Corporate Citizens
3BL Media
MAY 18, 2022
The concept of responsibly developing and delivering high-performance and adaptive computing to enable a better world is deeply rooted in our culture," said Susan Moore, Corporate Vice President, Corporate Responsibility and International Government Affairs at AMD.
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COP29 Ends with Target to Triple Climate Finance to $300 Billion per Year
ESG Today
NOVEMBER 25, 2024
Following two weeks of intensive negotiations, the COP29 climate conference in Baku, Azerbaijan ended with an agreement to triple climate change-related finance flows to developing nations to $300 billion annually over the next decade, and with significant progress towards the development of international carbon markets.
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Climate storytelling: Why Article 12 of the Paris Agreement could unlock everything
We Mean Business Coalition
NOVEMBER 16, 2024
That’s why I believe one of the most neglected clauses in the Paris Agreement might just be our best hope for planetary transformation. In arcane COP-speak – the Paris Agreement says communications is important to enable the rest of its own provisions.
HSBC invests in world’s first ‘reef credit’ system
GreenBiz
DECEMBER 7, 2020
Australian-based environmental project developer GreenCollar decided to tackle one problem by creating a new type of credit to address an environmental issue very close to its country’s heart: the degradation of the Great Barrier Reef. including financial services giant HSBC, to develop, authorize and sell these new credits. "It
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The World Bank cooks up a recipe for a climate-friendly food system: Cut red meat subsidies
Corporate Knights
MAY 15, 2024
The narrative is clear: to protect our planet, we need to transform the way we produce and consume food,” writes Axel van Trotsenburg, a senior managing director for development policy and partnerships at the World Bank, in a forward to the paper. But governments don’t need to wait until the plans are due in 2025 to start taking action.
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Joe Biden can be the president for a sustainable private sector
GreenBiz
FEBRUARY 15, 2021
Biden already has rejoined the Paris Agreement, committed to advocating for environmental justice and rolled out a government-wide focus on racial justice. The Office of Sustainable Finance and Business would develop a national strategy for U.S. leadership in sustainable finance and business. Pull Quote. Contributors.
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Renewable Energy Capacity Must Triple Before the End of the Decade
3BL Media
JANUARY 10, 2024
C target was implemented following the Paris Agreement in 2015 but there are still considerable gaps creating hurdles to overcome to meet the ambitious goal. Why is the Paris Agreement important? The agreement was adopted by 196 parties at COP21 in Paris. Why is the Paris Agreement hard to achieve?
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Expectations Going Into COP28
3BL Media
DECEMBER 4, 2023
Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into landmark developments and prospects this year. I've been participating since COP 21 when the adoption of the Paris Agreement took place.
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Three pathways to achieve global climate and sustainable development goals
Science Daily / Earth & Environment
OCTOBER 30, 2024
Sustainable lifestyles, green-tech innovation, and government-led transformation each offer promising routes to make significant progress towards the UN Sustainable Development Goals (SDGs) and the Paris Agreement, according to a new study.
7 roles to create sustainable success
GreenBiz
OCTOBER 2, 2020
In the foreword, Peter Bakker, president and CEO of the World Business Council for Sustainable Development, described right now as "a pivotal moment for business to lead the way in achieving a world where more than 9 billion people have a decent quality of life within the boundaries of our planet by 2050.".
Seven ways to inform better decisions with TCFD reporting
GreenBiz
SEPTEMBER 28, 2020
Finance director: Developing a business case to increase capital expenditure on carbon-mitigation projects . Each can apply TCFD reporting intelligence to inform better decisions in different ways. Image of seven stakeholders; Source: Trucost, part of S&P Global.
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3BL Media Announces 100 Best Corporate Citizens of 2022
3BL Media
MAY 18, 2022
Using a methodology developed by 3BL Media, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. There is no fee for companies to be included in 100 Best Corporate Citizens.
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Why the World Needs More Women Leaders To Address Sustainability
3BL Media
JULY 7, 2022
“Women are more vulnerable to the impacts of climate change, because they represent the majority of the world’s poor and are more dependent on threatened natural resources,” said Ariel Alexovich, Sustainable Development Officer for the Department of Economic and Social Affairs at the United Nations.
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Corporations promise to go deforestation-free – again
Corporate Knights
OCTOBER 5, 2022
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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SAP at COP28: Navigating Climate Change Together
3BL Media
DECEMBER 5, 2023
COP28 aims to be more than just another meeting; it seeks to serve as a significant moment where the international community reflects on and evaluates the progress made since the 2015 Paris Agreement. Above all, it represents a critical self-assessment, examining what actions are required to bridge the gap by 2030.
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3M Achieves Science Based Targets initiative Validation, Strengthening Commitment to Decarbonization and Customer Innovation
3BL Media
OCTOBER 3, 2024
C trajectory of the Paris Agreement. 3M has been documenting and reporting scope 1 and 2 inventory since 2002 and has been developing its scope 3 emissions inventory since 2011 in line with the GHG Protocol Corporate Value Chain (scope 3) Accounting and Reporting Standard.
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Startup tackles decarbonizing industrial heat processes
GreenBiz
SEPTEMBER 16, 2020
Even with decarbonizing the electric and transportation sector, to reach long-term goals of the Paris Agreement, the United States would need an 80 percent reduction from 2005 levels in economy-wide emissions by 2050. Skyven won the $1 million grand prize in NYSERDA’s annual 76West Clean Energy Competition in 2017.
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First in Flight: American Airlines Is Leading the Airline Industry on a Science-Based Journey to Net-Zero Emissions
3BL Media
APRIL 22, 2022
DESCRIPTION: FORT WORTH, Texas, April 22, 2022 /3BL Media/ - Last summer, American Airlines made a public commitment to develop a science-based, intermediate target for reducing greenhouse gas (GHG) emissions — the first airline in North America to do so. SOURCE: American Airlines. What this means. Accountability is a key component.
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India Commits to 45% Emissions Intensity Reduction by 2030
ESG Today
AUGUST 4, 2022
NDCs are a major part of countries’ obligations under the Paris Agreement, outlining their interim commitments on the pathway to net zero. It would protect the interests of the country and safeguard its future development needs based on the principles and provisions of the UNFCCC.”.
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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments
GreenBiz
NOVEMBER 24, 2020
Specifically, JPMorgan Chase announced in October that it would shape its financing portfolio in three key sectors to align with the Paris Agreement; three days later, HSBC announced its statement of net-zero ambition. Disclosure and reporting.
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Inside Salesforce’s bold play for supply-chain leadership
GreenBiz
MAY 3, 2021
degrees Celsius goal of the Paris Agreement; to develop and implement a plan to reduce “the carbon footprint and the environmental impact” of any products or services provided to Salesforce; and to publicly disclose their Scope 1, 2 and 3 emissions.
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Qualcomm Named to 100 Best Corporate Citizens of 2022
3BL Media
JUNE 6, 2022
Using a methodology developed by 3BL Media, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. About Qualcomm Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.
IOC Welcomes Admission As Observer Organisation to UN Climate Change
3BL Media
MARCH 11, 2024
International Olympic Committee news This will enable the IOC to engage more effectively with the global efforts to address climate change, underscoring its commitment to reducing emissions and to leveraging the role of sport as an “important enabler” for the United Nations (UN) Sustainable Development Goals (SDGs). “We
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Schneider Electric and Alstom Target Environmental Impact of Mobility Industry
3BL Media
DECEMBER 3, 2024
Schneider Electric Schneider Electric , the leader in the digital transformation of energy management and automation, has announced a collaboration with long-term partner Alstom , aimed at developing and delivering sustainable solutions for mobility customers. The collaboration will also address the need to digitalize future mobility. Software
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How the digital wave is contributing to the rise of sustainable fisheries
GreenBiz
NOVEMBER 12, 2020
World fish consumption has almost doubled between the 1960s and now, and some estimates suggest fish contributes to at least 50 percent of total animal protein intake in developing nations. Thu, 11/12/2020 - 02:03. Despite higher demand for seafood and fish, world reserves have not kept up, and aquaculture is becoming more common as a result.
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Pope Francis urges Western countries to take more dramatic action on climate before the world collapses
Corporate Knights
OCTOBER 6, 2023
It’s the pontiff’s first major declaration on climate and the environment since the Paris Agreement was negotiated in 2015, although he has frequently opined less formally on the urgency of climate action. The pope criticizes other wealthy countries for obstructing climate policy in order to protect their “national interests.”
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Green groups urge UN to raise climate ambition on global shipping
GreenBiz
OCTOBER 20, 2020
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.
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COP27 litmus test: Will wealthy countries finally pay for climate change loss and damage?
Corporate Knights
NOVEMBER 7, 2022
As COP27 opens in Sharm el-Sheikh, Egypt, developing countries and climate justice leaders are urging a notoriously reluctant developed world to get serious about financing for loss and damage, with the immediate and long-term well-being of hundreds of millions hanging in the balance. “If The evolution of ‘loss and damage’.
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Sofidel Among CDP Leaders for the Fight Against Climate Change and Deforestation
3BL Media
FEBRUARY 23, 2024
The Net Zero goal, i.e., the reduction of greenhouse gas emissions and the consequent removal of residual emissions as close to zero as possible along the entire value chain, is at the center of the European Green Deal and considered crucial to limiting global warming well below 2°C according to the Paris agreements.
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OECD Warns of Climate-alignment “Blind Spot”
Chris Hall
NOVEMBER 8, 2024
They should also develop disclosure requirements of core complementary metrics for financial institutions and consider the impacts of existing policies on climate goals.
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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
OCTOBER 18, 2023
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.
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Ericsson's Approach to Environmental Sustainability
3BL Media
APRIL 28, 2022
Ericsson also contributes to the development of international methodologies for assessing the environmental impact of the ICT sector. Ericsson has contributed to the development of this standard, which meets the requirements of Science Based Target Initiative and UN Race to Zero Net Zero definitions.
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