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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. Pull Quote. Finance & Investing.

Net Zero 402
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BP hits the brakes on transition away from fossil fuels

Corporate Knights

Follow This plans to introduce a resolution at BP’s annual general meeting in May calling for the company to align its 2030 targets with the Paris Agreement. They are stewards of the global economy and should realize that the only formal power they have is the power of the vote.”

Net Zero 338
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The world has consumed half a trillion tonnes of virgin materials since the Paris Agreement

Envirotec Magazine

The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. billion last year.

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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. New challenges, new opportunities. Change requires exploration of new concepts and solutions.

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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.

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Lessons of giants will bring us to a greener future

Corporate Knights

It is heartening to see most corporate net-zero pledges clearly stating they don’t want to be left hanging, with words to the effect of “My organization makes this commitment with the expectation that governments will follow through on their own net-zero commitments to ensure that the goals of the Paris Agreement are met.”.

Net Zero 264
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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.

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