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$37 Trillion Group Calls on 1,000 Businesses to Set Science-Based Climate Targets

ESG Today

The campaign is backed by many of the world’s largest financial institutions including Allianz Global Investors, AXA Group, Crédit Agricole and UBS, as well as by 45 multinational companies with over $710 billion in annual procurement spending, such as PepsiCo, Astra Zeneca, and Schneider Electric.

CDP 86
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On the fifth anniversary of the TCFD, a call to action

GreenBiz

In December 2015, as a response to increasingly frequent environmental disasters that disrupted ecosystems and human health — plus caused unforeseen business losses and jeopardized assets and infrastructure — the Financial Stability Board launched the Taskforce on Climate-related Financial Disclosures (TCFD). So, the TCFD was born.

CDP 299
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SBTi Appoints Maria Outters as First Chief Impact Officer

ESG Today

Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.

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HSBC, Standard Chartered, other Major Banks Exit SBTi

ESG Today

Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.

Banking 106
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Third of Global Market Cap Covered by Emissions Reduction Targets

Chris Hall

The 2021 Progress Report, ‘ Scaling Urgent Corporate Climate Action Worldwide ’, found that companies committed to cut emissions in line with climate science now represent US$38 trillion of the global economy, more than one-third of global market capitalisation (up from 20% in 2020). Grounds for optimism.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. 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

Net Zero 147
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Reflections on seven years as We Mean Business Chair

We Mean Business Coalition

In 2015, when a group of us met to ensure the voice of forward-looking business was heard at the crucial COP21 Paris Climate negotiations, this observation felt painfully familiar. Such initiatives were virtually inconceivable in 2015, and today they are primed for rapid expansion.