article thumbnail

Supply Chain Due Diligence Pioneer Sourcemap Raises $10 Million to Meet Global Demand for Transparency and Traceability

3BL Media

In addition, new regulations around decarbonization, deforestation and forced labor require major multinationals to implement technology for transparency and traceability in many aspects of global supply chain operations. In January 2021, the United States seized over $1 billion worth of goods with suspected ties to forced labor.

article thumbnail

Solutions at the Heart of COP22

Sustainable Development Network

The 22nd United Nations Framework Convention on Climate Change (UNFCCC) session of the Conference of the Parties (COP22) successfully brought together climate experts, NGOs, and high-level government delegates to operationalize the Paris Agreement, which entered into force on November 4, 2016.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Global corporate clean energy purchasing up 18% in 2020

Renewable Energy World

GW in 2019 – the first year-on-year drop since 2016. Kyle Harrison, BNEF senior associate and the lead author of the report, commented: “Corporations faced a wave of adversity in 2020 – internal corporate functions were disrupted on the outset of the pandemic, and many companies saw revenues plummet as global economies buckled.

article thumbnail

Ambitious partnerships on climate action are taking root and bearing fruit

GreenBiz

2020 was, along with 2016, the joint hottest year on record ever — closing out the warmest decade on record ever. Global average temperatures are now about 1.2 This effort has the potential to tackle 30 percent of global greenhouse gas emissions. The state of the planet. degrees Celsius above pre-industrial levels.

Net Zero 456
article thumbnail

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

The analysis, " Banking on Climate Chaos 2021 ," underscores that while overall fossil fuel financing did tumble significantly in 2020, the total amount of financing provided to fossil fuel firms in 2020 was still more than $40 billion higher in 2020 than in 2016, at $750 billion. Decarbonization. Finance & Investing. Business Green.

Net Zero 421
article thumbnail

A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

The steel industry contributes directly to 7% of all global greenhouse gas emissions. In 2016, the HYBRIT project was launched as a joint venture between utility Vattenfall , iron ore producer LKAB and steelmaker SSAB. Both Vattenfall and LKAB are owned by the Swedish state, while SSAB was privatized in 1994.

article thumbnail

Amnesty International: Industrial mining of cobalt and copper for rechargeable batteries is leading to grievous human rights abuses

Envirotec Magazine

Decarbonizing the global economy must not lead to further human rights violations. Satellite images support accounts that Mukumbi – which had once comprised about 400 structures, including a school, a health facility, and a church – was destroyed by 7 November 2016.