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2020: Fossil fuels are dead, long live the sun

GreenBiz

Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. No doubt Shell is counting on some miracle like carbon capture to preserve its adherence to a century-old business model of selling oil. Is that possible?

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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

Graham’s speech also included dubious statements about divestment and the pace of transition away from fossil fuels, claiming that the “global investment community has also changed its tune when it comes to fossil fuel divestment.” The only credible pathway to zero emissions for oil, gas and coal companies is to phase out production.

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7 Companies Leading the Net Zero Energy Revolution

3BL Media

Maersk’s commitment to net-zero emissions will help organizations across the globe reduce their total carbon footprint. With a plan to reduce greenhouse gas emissions by 30% in 2030 and reach net zero by 2050, Sasol has expanded their pledge to address Scope 3 emissions as well.

Net Zero 130
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What makes Al Gore hopeful: Tech innovation, science-based targets and the racial 'awakening'

GreenBiz

From companies looking to select cleaner manufacturing suppliers, to investors seeking to divest from polluting industries, to consumers making choices about which businesses to patronize, one thing is clear: a reliable way to measure where emissions are coming from is necessary," they wrote. The comments were edited for clarity and length.

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Behind My Title of Chief Strategy and Sustainability Officer- And What It Means to Be an Impact Company

3BL Media

In 2021, we launched the Zero Carbon Project to help our top suppliers halve their CO2 emissions in less than five years. Gwenaelle leads the development of Corporate Strategy, Mergers & Acquisitions and Divestment activities, Sustainability, and Customer Satisfaction & Quality. . Take another example.

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Forget net-zero, businesses should be striving for true zero. Here’s why.

Renewable Energy World

True Zero carbon is the new goa l. True Zero, it turns out, is the fulcrum on which the entire world will go green. We will likely see major momentum building towards a divestment of conventional power as major companies vote with their wallets and join the move to True Zero.

Net Zero 117
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Carbon Tracker: Oil Majors Lacking “Credible” Transition Strategies

Chris Hall

New report released amid climate votes at AGMs, finds overreliance on unproven technology and divestment risk. Oil and gas firms’ energy transition plans are gambling on the unproven capabilities of technologies like carbon capture and hydrogen power, according to a report by climate and financial markets think tank Carbon Tracker.