Environmental News Bits

JUNE 16, 2022

Shipping must align with the Paris Agreement temperature goal and be run entirely on net-zero energy sources by 2050. Over 200 signatories to the industry-led Call to Action to decarbonize shipping firmly believe that urgent and equitable decarbonization of the maritime supply chain by 2050 is possible and necessary.

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Shipping Decarbonize Paris Agreement Net Zero 75

GreenBiz

DECEMBER 17, 2020

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.

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Zero Carbon Paris Agreement Climate Change Supply Chains 529

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

NOVEMBER 20, 2023

By our count in 2022 – seven years after the Paris Agreement – the vast majority of oil companies still earn less than 1% of their revenue from renewable sources. A closer look at their capital investments, however, indicates that in 2022 a few key players were earnestly investing in turning that ship around.

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Paris Agreement Net Zero Green Investing Shipping 195

3BL Media

DECEMBER 3, 2024

Align with Sustainability Goals and Industry Standards Many companies are aligning their carbon reduction efforts with global initiatives like the Paris Agreement and science-based targets (SBTi). Select the Right Data Collection Methodology To collect reliable air emissions data, you will need to select an appropriate methodology.

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Waste Greenhouse Gas Protocol Manufacturing Paris Agreement 147

GreenBiz

JUNE 25, 2020

Since then, the asset manager backed two proposals at the annual general meetings of both Chevron and Exxon, related to the manner these companies conduct themselves in relation to Paris Agreement targets. If the European Union agrees on a border price for carbon, what should it be? Why do this?

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Paris Agreement CDP Logistics Banking 237

We Mean Business Coalition

OCTOBER 11, 2024

But when Figueres, the renowned Costa Rican diplomat and one of the key orchestrators of the Paris Agreement herself, came on board, via her own organization Global Optimism (“a group of stubborn climate optimists”) — we all sat up to listen. Beating the Paris Agreement’ is a huge statement to make.

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Paris Agreement Net Zero Carbon Offsets Decarbonize 52

3BL Media

MAY 28, 2024

The solutions needed to abate the remaining quarter of emissions are among the most challenging to scale: biofuels in shipping and aviation; hydrogen in industry and transport; and carbon capture and storage in industry and power. This is far from achieving net zero – and breaches the Paris Agreement with a global warming result of 2.6

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Net Zero Paris Agreement Decarbonize Clean Technology 173

ESG Today

NOVEMBER 16, 2022

The agreements follow a series of orders by Maersk of clean-fuel-powered container ship over the past several months, including an order in July for the world’s first carbon-neutral methanol fueled container ship, followed by an order for 8 large methanol-powered ocean-going container vessels , and another order last month for six large ships.

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Decarbonize Shipping Net Zero Paris Agreement 104

ESG Today

NOVEMBER 16, 2023

The new targets form part of the company’s commitment, announced in October 2020 , to align its financing activities with the goals of Paris Agreement, and to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world.

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Net Zero Paris Agreement Zero Carbon Manufacturing 113

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

ESG Today

SEPTEMBER 5, 2022

Poulsen added: “Solutions such as Power-to-X will be key for countries and industries to take the next big leap within reaching the commitments of the Paris agreement and achieving energy independence. CIP stated that once the fund’s current portfolio is operational, it is estimated to reduce over 7.5

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Decarbonize Paris Agreement Shipping Manufacturing 104

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

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. The Biden administration has made climate action a key focus, beginning with the return of the U.S.

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Decarbonize Net Zero Paris Agreement Clean Technology 131

ESG Today

JANUARY 7, 2025

JPMorgan announced a commitment in October 2020 to align its financing activities with the goals of Paris Agreement, and to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world. The targets remain in place on the companys website.

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Net Zero Banking Paris Agreement Shipping 117

ESG Today

MARCH 4, 2025

We also engaged EY to confirm that our targets for Aluminium, Automotive Manufacturers, Cement, Commercial Real Estate, Oil and Gas, Power, Shipping, Steel and Coal, meet the long-term temperature goal of the Paris Agreement, and are mathematically accurate in reference to third-party scientific scenarios.

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ESG Today

MAY 16, 2023

The two combined heat and power (CHP) plants are linked to the grid, the district heating system, and have their own harbours, enabling them to act as hubs for the handling and shipping of carbon and green fuels. Carbon captured at the plants will be shipped to the Northern Lights storage reservoir in the Norwegian part of the North Sea.

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Shipping Chief Sustainability Officer Paris Agreement Climate Change 102

3BL Media

SEPTEMBER 23, 2022

This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. It also supports sectors struggling to decarbonize, such as trucking, aviation, shipping, heating, and other energy-intensive industries. Four Ways Development Agencies Can Advance Carbon Markets.

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Paris Agreement Net Zero Decarbonize Climate Change 130

ESG Today

AUGUST 29, 2022

Longship was unveiled in September 2020, with the government describing carbon capture and storage as a prerequisite for reducing global greenhouse gas emissions in line with the Paris Agreement climate targets. From early 2025 we will be shipping the first tonnes of CO2 from the Netherlands to Norway.

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Paris Agreement Net Zero Shipping Decarbonize 104

Corporate Knights

JULY 25, 2023

The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

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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Embodied Carbon Paris Agreement Decarbonize Net Zero 147

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

Envirotec Magazine

SEPTEMBER 23, 2019

Decarbonising domestic and international shipping and transport – which could cut up to 1.8 Fiji is committing to making their shipping sector 100% carbon-free by 2050. Norway is committing to halve its emissions from domestic shipping and fishing vessels by 2030. gigatonnes of CO2e annually by 2050. GtCO2e each year by 2050.

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Paris Agreement Climate Change Shipping Zero Carbon 85

3BL Media

SEPTEMBER 25, 2024

or less in line with the Paris Agreement, it is essential to decarbonize our economy by 2050. This article is co-authored by Paul Camuti, Executive Vice President and Chief Technology and Sustainability Officer, Trane Technologies and Kinnar Ghiya, Vice President, Procurement, Trane Technologies.

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Embodied Carbon Decarbonize Paris Agreement Net Zero 147

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 98

Envirotec Magazine

JUNE 29, 2023

With this in mind, and ahead the International Maritime Organization’s (IMO) 80th Marine Environment Protection Committee (MEPC 80), industry association SEA-LNG is calling on the IMO to regulate all greenhouse gas (GHG) emissions from shipping, including carbon dioxide, methane, and nitrous oxide on a full lifecycle, Well-to-Wake, basis.

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Shipping Paris Agreement Supply Chain Supply Chains 52

Chris Hall

JULY 26, 2024

There is little evidence of US asset managers jumping ship – at 59 signatories, they represent the second largest contingent behind the UK. Regional Fora – from August to October to guide the development of comprehensive five-year plans due next year, which must bring the world back in line with the Paris Agreement.

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Stewardship Code Paris Agreement Climate Change Net Zero 78

Strategic Sustainability Consulting

JUNE 2, 2021

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. Many countries’ national strategies to meet the Paris Agreement on emissions reduction do not address hard-to-abate sectors. of global GDP by mid-century.

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Net Zero Shipping Decarbonize Supply Chains 66

We Mean Business Coalition

OCTOBER 31, 2023

The Corporate Climate Stocktake (CCST), led by the We Mean Business Coalition and supported by the Climate Champions Team and Bain & Company, looks in detail at eight sectors that account for two-thirds of the world’s greenhouse gas emissions: power, road transport, concrete and   cement, steel, shipping, hydrogen, aviation and agriculture.

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Paris Agreement Net Zero Shipping Decarbonize 59

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

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.”. Will gifts be delivered in time this year?

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Paris Agreement Shipping Net Zero Supply Chains 52

Just Capital

APRIL 22, 2022

C goal set in the Paris Agreement. Etsy has also offset emissions from its shipping operations since 2019 and assessed seven different Scope 3 categories to inform its net zero by 2030 goal. A leader in the Retail industry, Etsy shows commitment to understanding and reducing its climate impact with its verified 1.5°C

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Net Zero Supply Chains Supply Chain Climate Change 132

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

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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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

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

Sustainable Development Network

JANUARY 9, 2020

Transport and Shipping: Land, Air, Water This session was moderated by Renato Mazzoncini, Adjunct Professor in the Department of Mechanics at Politecnico di Milano who highlighted that decarbonization of the transportation sector is dependent upon new technologies, specifically around batteries and alternative fuels.

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Net Zero Decarbonize Paris Agreement Shipping 52