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Net Zero Progress by Firms and Governments “Still Too Slow”

Chris Hall

Companies that wait to transition until there is a stronger policy response will face higher costs and a shorter window to achieve net zero commitments. Climate policy response by governments and investment in clean technologies must be accelerated to keep temperature rise near 1.5°C,

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The nuclear option

Corporate Knights

In a 2023 report, the International Energy Agency (IEA) estimates that to meet net-zero goals, electricity’s share of total energy demand needs to double between now and 2030 to accommodate the electrification of transportation, building heat, industrial processes, agriculture and information technology.

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Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

Canadians require a livable planet on which to retire, and climate scientists and energy modellers are clear that limiting global temperature increase to 1.5℃ He shared the stage with Teine Energy and Wolf Midstream, two Alberta-based fossil fuel companies owned by CPPIB – neither of which have committed to net-zero emissions.

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Take Five: Lessons Learned

Chris Hall

He did this while sitting next to Professor Jim Skea, Chair of the Intergovernmental Panel on Climate Change, effectively the world’s senior climate scientist. C would be reached by the phase-out of fossil fuels.

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Canadian pension funds ignore rapid rise in climate dangers

Corporate Knights

Shift Action’s findings are similar to reports released in July from Carbon Tracker , a global advocacy organization on climate and finance, and the Institute and Faculty of Actuaries (IFoA) and the University of Exeter, all based in the United Kingdom.

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These 50 Canadian corporate citizens are a cut above

Corporate Knights

Just as more than 95% of climate scientists accept the truth of climate change, most corporate leaders recognize that their role in society has changed. The average percentage of sustainable revenues achieved by 2023 Best 50 companies is 46.3%, up from 36.8% Climate commitments legend 1.5°C:

Net Zero 271
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Mindset Shift

Chris Hall

By continuing to follow predictions from central banks and other established sources of economic wisdom, companies and investors are making the wrong calls on their sustainable investment policies and climate transition plans, Keen argued. Those who make policies are trained in economics – not in science,” he said.