3BL Media

SEPTEMBER 29, 2023

times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 trillion USD in fossil fuels.

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Net Zero Divestment Banking Stranded Assets 114

3BL Media

AUGUST 24, 2022

One of the largest shipping groups in the world, A.P. The group withdrew its member, Maersk executive and board member Henriette Hallberg Thygesen, from International Chamber of Shipping (ICS), following an annual revision of trade association memberships. Tweet me: @Acre reports one of the largest shipping groups in the world, A.P.

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Climate Change Shipping Paris Agreement Manufacturing 130

Corporate Knights

JANUARY 25, 2023

Historically, some 40% of the raw materials entering the site do so by freight ships. In the summer of 2018, these were scraping bottom; cargo traffic was reduced to a trickle, and ships could be only partially laden. It has publicly endorsed the Paris Agreement on climate change as well as the EU’s target of being net-zero by 2050.

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Climate Change Net Zero Stranded Assets Shipping 317

Strategic Sustainability Consulting

JUNE 2, 2021

Companies across the board are working hard to get to net-zero CO2 emissions by 2050. From the super-heated factories needed to make steel and cement to the dirty fuel powering container ships and airplanes, these industries are known as Hard-to-Abate sectors. Why Focus on Hard-to-Abate Sectors?

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Net Zero Shipping Decarbonize Supply Chains 66

Chris Hall

NOVEMBER 9, 2022

Sharm El Sheikh sees progress on accountability and transparency of net zero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. .

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Net Zero Banking Paris Agreement Climate Change 52

ESG Today

JANUARY 10, 2023

to the Paris Agreement on the president’s first day in office, committing the country to achieve net zero by 2050, and following up with an interim target to reduce economy-wide greenhouse gas (GHG) emission by 50-52% in 2030.

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Decarbonize Net Zero Paris Agreement Clean Technology 128

Envirotec Magazine

MAY 22, 2024

Although prevailing wisdom holds that time is running out, BloombergNEF’s New Energy Outlook 2024 seemingly shows how the world could still achieve the major goal of the Paris Agreement – holding global warming to well below 2°C and avoiding the worst impacts of climate change – and what it would take to get there.

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Net Zero Paris Agreement Decarbonize Clean Technology 52

ESG Today

NOVEMBER 16, 2022

This is Maersk’s eighth green-methanol agreement, following the company’s recently announced several deals to source at least 730,000 tones of green methanol per year by the end of 2025. Steve Meyer, CEO of Carbon Sink, said: “We are very pleased to be working with Maersk in support of their mission to decarbonise the shipping sector.

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Decarbonize Shipping Net Zero Paris Agreement 86

3BL Media

MAY 13, 2024

Businesses around the world are facing stringent sustainability targets, from the Paris Agreement[1] – a legally binding international treaty on climate change – to decarbonisation strategies that aim to significantly reduce or eliminate carbon dioxide (CO 2 ) and other greenhouse gas (GHG) from the atmosphere.

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Logistics Paris Agreement Net Zero Waste 130

Just Capital

APRIL 22, 2022

C goal set in the Paris Agreement. degree Science Based Target , and is informed by its goal to reach net zero emissions by 2030 across its operations and supply chains and its analysis on the carbon impact of remote work. C Science Based Target Net zero by 2030 target. Verified 1.5°C Moody’s verified 1.5°C

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Net Zero Supply Chains Supply Chain Climate Change 132

3BL Media

SEPTEMBER 23, 2022

Looking at Cooperative Approaches as a Market-Based Path Toward Net Zero. DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward net zero in advance of the 2022 United Nations Climate Change Conference (COP27). SOURCE: Tetra Tech.

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Paris Agreement Net Zero Decarbonize Climate Change 130

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?

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Shipping Net Zero Stranded Assets Development 81

3BL Media

OCTOBER 11, 2022

We are aligning our business strategies with the international consensus – outlined in the Paris Agreement – that we must limit global warming to below 1.5°C, In 2019, Tapestry set goals to reduce our Scope 1 and 2 emissions 20% below 2017 levels and reduce Scope 3 emissions from freight shipping 20% below 2017 levels, both by 2025.

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Climate Change Supply Chains Supply Chain Paris Agreement 130

3BL Media

NOVEMBER 30, 2023

Trane Technologies was also one of only five North American companies recognized by InfluenceMap as a 2023 Corporate Climate Policy Engagement Leader , after meeting its criteria for positive and active climate policy engagement aligned with science-based pathways for delivering on the goals of the Paris Agreement.

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ESG Today

AUGUST 29, 2022

According to Equinor CEO Anders Opedal, the agreement marks a “major milestone for the development of carbon capture, transport and storage,” viewed as a key tool for the decarbonization of heavy industries. From early 2025 we will be shipping the first tonnes of CO2 from the Netherlands to Norway. million tonnes of CO2 per year.

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Paris Agreement Net Zero Shipping Decarbonize 91

3BL Media

SEPTEMBER 25, 2024

or less in line with the Paris Agreement, it is essential to decarbonize our economy by 2050. According to the World Green Building Council (WorldGBC), embodied carbon in building materials and equipment needs to be reduced by at least 40% from today’s levels by 2030 and to net-zero by 2050.

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Embodied Carbon Decarbonize Paris Agreement Net Zero 148

ESG Today

MARCH 14, 2023

The group filed a shareholder resolution last year asking the bank to clarify its fossil fuel financing strategy, and provide disclosures outlining its plans to reduce its exposure, along with disclosures on the company’s strategy to align with the Paris Agreement goal to limit global temperature increase to 1.5°C.

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Banking Net Zero Paris Agreement Shipping 81

Corporate Knights

MARCH 20, 2023

And in settlements and infrastructure, fuel-efficient vehicles, efficient lighting and appliances, transit, biking, efficient shipping and aviation, and avoiding demand for energy services show up as the least expensive options. The IPCC says reducing food loss and food waste has the least impact among a list of strategies. Overshooting 1.5°C

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Climate Change Stranded Assets Decarbonize Paris Agreement 287

Chris Hall

JULY 26, 2024

After recommending a renewed focus on the EU Taxonomy , greater support for the net zero transition, and new transparency requirements, ESMA said the commission should “consider the introduction of an EU-wide stewardship code ”. It’s harder to say how much of NZAM members’ collective US$57.5

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Stewardship Code Paris Agreement Climate Change Net Zero 78

We Mean Business Coalition

OCTOBER 31, 2023

Today, we launch the most most sophisticated picture to date of private sector progress, obstacles and opportunities for achieving   net zero. It was eight years ago, as part of the landmark Paris Agreement, when world leaders agreed that in 2023 they would take stock of their collective efforts to meet the goals of the agreement.

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Paris Agreement Net Zero Shipping Decarbonize 59

Chris Hall

MAY 6, 2022

UK asset owner now 10 years ahead of net zero target; switches climate engagement focus to auto sector. On the road to net zero. We have developed an exacting global net zero standard for the oil and gas sector, which companies that wish to retain their social license can implement.

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Net Zero Climate Change Paris Agreement Zero Carbon 52

Chris Hall

AUGUST 15, 2024

Industry experts have stressed the need for further investment in permanent carbon dioxide removal (CDR) solutions to tackle decarbonisation and meet global net zero goals. C target for global warming set by the Paris Agreement. C target for global warming set by the Paris Agreement. C overshoot.

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Net Zero Paris Agreement Development Shipping 64

Sphera

DECEMBER 15, 2021

On the other hand, it’s encouraging to see that 217 companies at this writing have already signed on to the Climate Pledge to become net zero carbon organizations by 2040—which is 10 years earlier than the goal agreed upon in the Paris Agreement. The ships, the trucks, the warehouses.”.

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Paris Agreement Shipping Net Zero Supply Chains 52

Eco-Business

JULY 7, 2023

It is understood that China – the world's biggest shipowner – had blocked attempts climate-vulnerable states to bring the sector in alignment with the Paris Agreement. Experts call the new target “vague and non-committal”.

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Net Zero Paris Agreement Shipping 19

Sustainable Development Network

JANUARY 9, 2020

Below is a summary of the discussions and key recommendations for achieving net zero emissions by mid-century. Phoebe Koundouria, a Professor from Athens University of Economics and Business, represented the shipping sector, “We need commercially viable zero emission vessels to start entering the global feet by 2030.”

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Net Zero Decarbonize Paris Agreement Shipping 52

We Mean Business Coalition

SEPTEMBER 13, 2023

Our process was launched in May in support of the Global Stocktake (GST) process – the UNFCCC led report card on progress since the Paris Agreement. The Synthesis report released last week confirmed what we already knew, “the world is not on track to meet the long-term goals of the Paris Agreement.”

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Clean Technology Paris Agreement Net Zero Zero Carbon 75

Sustainable Development Network

NOVEMBER 5, 2021

C, as specified by the Paris Agreement, and to ensure access to affordable, clean, and reliable energy to all, as specified by SDG 7. Performing proper life-cycle analysis in production and supply chains could help biofuels play a key role in the aviation, heavy-duty transport, and shipping sectors pathways to net zero.

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Decarbonize Net Zero Paris Agreement Climate Change 52

Chris Hall

AUGUST 4, 2023

Patrick Peura , Co-lead of Engagement at the Net Zero Asset Owner Alliance , says coll aborative engagement needs to adapt to survive and thrive. Net zero targets and portfolio decarbonisation have been the test bed for collaborative engagement among asset owners, with encouraging but mixed results. billion (US$4.1

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Net Zero Climate Change Paris Agreement Divestment 52

Cisco CSR

AUGUST 9, 2022

Having the privilege to shape our distribution channel means I am not only confident in technically supporting our partners as they pave the way for their customers, but I am also confident every hardware that gets shipped out will incorporate Circular Design Principles by 2025.

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Net Zero COP26 Paris Agreement Supply Chains 52

Chris Hall

FEBRUARY 3, 2023

In the race to achieve net zero carbon emissions by 2050, many companies are jeopardising success by leaving workers and communities behind. C boundaries set out in the Paris Agreement. Worryingly, all companies scored zero when it comes to planning for a just transition.

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Net Zero Paris Agreement Zero Carbon Global Economy 52

We Mean Business Coalition

SEPTEMBER 15, 2022

To help every company seize the opportunities of the net-zero transition, the We Mean Business Coalition has launched a new guide, The 4 A’s of Climate Leadership. Elsewhere, we are seeing large orders of electric trucks from companies like Maersk, and Volvo Trucks even sourcing zero-emission steel for them.

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Net Zero Paris Agreement Decarbonize Smart Buildings 52

We Mean Business Coalition

NOVEMBER 30, 2023

The world is not currently on track to achieve the goals set out in the Paris Agreement. Targeted action by sector and region This year’s COP28 in Dubai sees the culmination of the first-ever UNFCCC Global Stocktake, which assesses progress made since the Paris Agreement. This political momentum is welcome.

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Shipping Paris Agreement Climate Change Decarbonize 59

Sustainable Development Network

JULY 30, 2021

In June 2021, the EU adopted a European Climate Law , establishing the aim of reaching net zero greenhouse gas emissions (GHG) in the EU by 2050. The ‘Fit for 55’ package will help the region reduce its emissions and set it on a path towards achieving the Paris Agreement ambition of limiting global warming to 1.5 °C.

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COP26 Net Zero Shipping Paris Agreement 59

Carlos Sanchez

DECEMBER 7, 2021

Restrictions, Brexit regulations, a ship stuck in the Suez Canal, extreme weather events and energy shortages impacted supply chains and prevented firms to meet their demand. ESG trends in 2022: Net-Zero ambition. As a result, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges.

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Supply Chains Supply Chain Carbon Offsets Net Zero 52

Sustainable Development Network

NOVEMBER 15, 2021

The five day online event brought together 74 global technical experts and world-leading scientists, engineers, and innovators from business, academia, and civil society to share knowledge and showcase solutions to maximize climate commitments in the wake of the Paris Agreement.

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Net Zero Paris Agreement Climate Change Decarbonize 52

Chris Hall

MARCH 16, 2023

Such long-term ocean technology infrastructure is another investable opportunity, with increased open ocean knowledge offering multiple pathways to improve logistics, green shipping, and coastal resilience planning – to name just a few.

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Banking Paris Agreement Shipping Sustainable Investment 52

Chris Hall

JUNE 17, 2022

US-headquartered investment management firm Invesco has announced the launch of a Net Zero Global Investment Grade Corporate Bond Fund for European investors. Man, Invesco’s Co-Head of Global Investment Grade Credit, said: “The transition to net zero is a global initiative, impacting all sectors and geographies.

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