Remove Net Zero Remove Paris Agreement Remove Zero Carbon
article thumbnail

To achieve net-zero, let’s agree on one definition of success

GreenBiz

To achieve net-zero, let’s agree on one definition of success. Reaching the 2015 Paris Agreement goals requires bold action from all sectors and levels of our society. But any chief sustainability officer will fall short of their responsibility if they simply cite net-zero as a strategic goal. Peter Boyd.

Net Zero 489
article thumbnail

Is 'net zero' much ado about nothing?

GreenBiz

Is 'net zero' much ado about nothing? Net zero is the near-universal goal of nations, states, provinces, cities, companies, universities and others. The five questions below represent just a sampling of issues surrounding what net zero means — and doesn’t. First, what is net zero? Joel Makower.

Net Zero 491
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

Net Zero 398
article thumbnail

‘Any delay means risk’: Senator looks to speed up banks’ net-zero journey

Corporate Knights

In the pursuit of its net-zero 2050 goal, Canada needs a rigorous strategy to require banks and other key financial system players, including Crown corporations, to fully align their operations with the country’s international climate commitments. And any delay means risk and means losing money.”.

Net Zero 345
article thumbnail

Amazon aims to clean up aviation

GreenBiz

Infinium makes biofuel by taking hydrogen made with clean power and electrolysis, combining it with carbon dioxide and running it through two thermochemical processes — turning it into a replacement fuel for airplanes, ships and large trucks. Air shipping, a growing sector, is the most carbon-intensive way to ship a product.

Shipping 492
article thumbnail

The Road to Powering Amazon on 100% Renewable Energy by 2025

GreenBiz

Most recently the company committed to powering global operations on 100% renewable energy by 2025 as part of The Climate Pledge, a commitment to be net-zero carbon by 2040, 10 years ahead of the Paris Agreement. How will the company get there five years ahead of the initial 2030 target?

article thumbnail

Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. “We Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

Net Zero 246