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Sustainability disclosures: Why we need a global reporting standard in 2022

We Mean Business Coalition

Since the 2015 Paris Agreement, thousands of companies have voluntarily set ambitious, science-based emissions reduction targets. Since COP26, some of those jurisdictions (the SEC, EFRAG and International Financial Reporting Standards (IFRS) Foundation) have delivered pioneering legislative and standard-setting efforts.

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Finance Sector Net Zero Plans Must Respect Planetary Limits – SBTi

Chris Hall

It also said that FIs should transition and align all financing activities with net zero pathways that achieve Paris Agreement goals, with “no or low overshoot”, as well as align them with the UN Sustainable Development Goals. Addressing greenwashing. C above pre-industrial levels.

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UN Ramps up Pressure on Financial Institutions 

Chris Hall

Given the mixed track record of the finance sector in aligning with the goals of the Paris Agreement, its response to the increased pressure is seen as key test of major institutions’ ability to transition long-established business models. . Phasing down and out .

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Taking the Heat Out of COP27

Chris Hall

However, shortfalls in clean energy investments persist, the IEA said, noting that “if China is excluded, then the amount being invested in clean energy each year in [EMDEs] has remained flat since the Paris Agreement was concluded in 2015”. C is to remain achievable. .

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What Net-Zero companies are and How to start the journey

Carlos Sanchez

After the signature of the Paris Agreement in 2015, science has become widely accepted. Businesses must close the ‘Say : Do’ gap; the greenwashing space between their environmental pledges and (lack of) actions to meet them Paul Polman, former Unilever CEO. Why should a company be net-zero? Conclusions.

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Progress at last on climate finance at COP27

Corporate Knights

Getting to net-zero – without greenwashing. The last climate conference, COP26 in Glasgow, Scotland, nearly fell apart over frustration that international finance wasn’t flowing to developing countries and that corporations and financial institutions were greenwashing – making claims they couldn’t back up.

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