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Over 75% of Companies Have Cut Emissions Intensity Since Paris Agreement: Accenture

ESG Today

Results were less encouraging when not adjusting for business growth, however, with only around half of companies having cut absolute operational emissions since 2016. 67% of European companies have reduced emissions since 2016, compared with 53% in North America, and 40% in the rest of the world.

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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 tonnes in 2016 but passed 100 billion in 2019 and is estimated at 101.4

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Bank financing for fossil fuels dips second year in a row

Corporate Knights

trillion in financing to the fossil fuel industry in the eight years since the Paris Agreement was signed, according to a comprehensive new report. trillion in financing for new fossil fuel expansion projects, investments that put the net-zero goal of the Paris Agreement in jeopardy. This sum includes US$3.3

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IOC Welcomes Admission As Observer Organisation to UN Climate Change

3BL Media

COP21 in 2015 produced the historic Paris Agreement, while last year’s COP28 brought agreement on the need to phase out the use of fossil fuels. These bring together world leaders, diplomats, scientists, Non-Governmental Organisations (NGOs), Inter-Governmental Organisations (IGOs), journalists, and various other stakeholders.

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France Bans Fossil Fuel Companies from Responsible Investment Labelled Funds

ESG Today

The SRI label was launched by the French Ministry of the Economy and Finance in 2016, aimed at allowing the general public to invest in savings vehicles that integrate ESG principles. The new rules will also require companies included in SRI-labelled funds to have a Paris Agreement-aligned transition plan.

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2016 Year In Review

Sustainable Development Network

2016 was a year full of action, excitement and surprises in the arena of sustainable development. Winter The World Happiness Report 2016 Update , which ranks 156 countries by their happiness levels, was released in Rome on March 16th in advance of UN World Happiness Day, March 20th. Some of the key highlights are summarized below.

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Investors crank up the heat on bank fossil fuel financing

Corporate Knights

According to a new report, just 7% of bank funding has gone towards renewable energy between 2016 and 2022 , while the world’s banks continued to plow trillions of dollars into fossil fuel expansion. “The total amounts of clean energy financing in these years remained abysmally low: US$23.2 billion in 2016 and $34.5

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