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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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Memo to CPPIB: There’s no such thing as ‘no-carbon oil’

Corporate Knights

The leading proposed solution, carbon capture utilization and storage (CCUS), has not measured up to hype , with oil companies unwilling to invest profits into this expensive technology that increases production costs. There’s no taking the carbon out of the barrel.

Net Zero 363
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Report: Meet the top 200 companies investing in a clean energy future

Corporate Knights

trillion under management, has jumped on the net-zero-emissions bandwagon , it is only a matter of time before it becomes the standard, placing a 100% sustainable and zero-carbon economy within our grasp. To date, financial firms have pledged that more than US$130 trillion of assets will be net-zero by 2050.

Net Zero 360
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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.

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List of Clean 200 companies captures the green transition in full flight

Corporate Knights

In 2016, we created the Clean200 in response to investors saying, ‘If we divest fossil fuels, there is nothing to invest in.’” Steel (177) – which recently committed to being zero-carbon by 2050. through those years. And that’s the big deal, says As You Sow CEO Andrew Behar, who co-authored the 2024 study. “In

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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.