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

ESG Today

For the study, Destination Net Zero, Accenture examined the 2,000 largest public and private companies by revenue globally, analyzing their net zero commitments, decarbonization levers and track records of reducing operational Scope 1 and 2 greenhouse gas emissions.

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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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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.

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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.

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New Sustainable Energy Factbook shows 2020 was ‘blockbuster’ year for renewables in America

Renewable Energy World

This fall in emissions (see Figure 1) is the most significant on record and puts the United States on track to meet its 2025 Paris Agreement commitment, though energy demand and emissions are expected to rebound with widespread vaccinations in 2021. Decarbonization of U.S. Corporate decarbonization commitments grew.

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

GreenBiz

In 2016, the HYBRIT project was launched as a joint venture between utility Vattenfall , iron ore producer LKAB and steelmaker SSAB. Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness.

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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Under the Glasgow Financial Alliance for Net Zero forged for COP26, the banks have committed to not only decarbonize their portfolios but to adopt a transparent and rigorous short-term strategy that ensures they meet that 2050 target. “Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

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