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We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.". "We know this is an issue that many of our 40 million customers care deeply about, particularly in our retail and private banking businesses," Quinn wrote. Pull Quote. Finance & Investing.
The NGFS was established in 2017, with the purpose of helping to strengthen the global response required to meet the goals of the Parisagreement and to enhance the role of the financial system to manage risks and to mobilize capital for green and low-carbon investments in the broader context of environmentally sustainable development.
With over 4,500 of our suppliers engaged since the initiative’s launch in 2017, and suppliers reporting a cumulative total of more than 574 million metric tons of emissions reduced or avoided, Project Gigaton™ continues to make progress as one of the largest private sector consortia of its kind. Celsius degree pathway as reported to CDP.
Even with decarbonizing the electric and transportation sector, to reach long-term goals of the ParisAgreement, the United States would need an 80 percent reduction from 2005 levels in economy-wide emissions by 2050. Skyven won the $1 million grand prize in NYSERDA’s annual 76West Clean Energy Competition in 2017.
Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the ParisAgreement in the first place.
Elsewhere, Audi, part of the Volkswagen Group, introduced the " Aluminum Closed Loop " process to one of its sites in 2017, and intends to expand the use of this aluminum recycling process to other sites in the near future. .
The 72 nd Regular Session of the United Nations General Assembly (UNGA 72) opened at UN Headquarters on Tuesday, September 13, 2017. The General Debate of UNGA 72 opened on September 19, 2017. This year’s conference theme was The World in 2050: Looking Ahead for Sustainable Development.
As COP27 opens in Sharm el-Sheikh, Egypt, developing countries and climate justice leaders are urging a notoriously reluctant developed world to get serious about financing for loss and damage, with the immediate and long-term well-being of hundreds of millions hanging in the balance. “If The evolution of ‘loss and damage’.
The results show that most focus companies are not moving fast enough to align with the goals of the ParisAgreement and reduce investors’ risk. CTI’s assessments show that the CapEx plans of oil and gas companies across the board are not aligned with the ParisAgreement goals. C) pathway.
Airlines have faced "flygskam" — or flight shame — which has seen some travelers shun air travel, heightening pressure for the sector to demonstrate that it can develop a flight path to net-zero emissions. Between 2008 and 2017, fossil-fuel industry trade associations in the U.S. It is a big business. spent almost $1.4
According to the NGOs, the aim of the legal action, described as the first-ever climate lawsuit against a commercial bank, is “to force BNP to implement an effective climate policy and to immediately stop supporting the development of fossil fuels.”
December marks the five-year anniversary of the ParisAgreement — a turning point for the movement to limit dangerous climate change and environmental destruction. Two years later in 2017, the group introduced its official recommendations for corporate financial disclosures. Ateli Iyalla. Mon, 12/14/2020 - 00:05.
This is the primary aim of the Global Battery Alliance (GBA), a public-private partnership founded in 2017 to establish a responsible battery value chain, in recognition of batteries’ role as a key technology to achieve the ParisAgreement. Batteries can play a pivotal role in decarbonizing transport through electrification.
These newly validated targets are in line with climate science and are consistent with levels necessary to meet the ParisAgreement's goals to limit global warming to 1.5 It is committed to reduce scope 3 Forest Land and Agriculture (FLAG) emissions by 36% and non-FLAG emissions by 30% by 2030. degrees Celsius.
The Renewables 2024 report, the IEA’s flagship annual publication on the sector, seems to find that the world is set to add more than 5,500 gigawatts (GW) of new renewable energy capacity between 2024 and 2030 – almost three times the increase seen between 2017 and 2023.
DESCRIPTION: Within Agenda 2030, the action program for people, the planet and prosperity (signed in September 2015 by the governments of the 193 member countries), Sofidel intends in particular to contribute to pursuing the following Sustainable Development Goals (Sustainable Development Goals – SDGs). Health And Well Being.
The vital role that sustainable battery value chains play in meeting the ParisAgreement targets linked to the electrification of transport and power sectors was highlighted during multiple high-level conversations at COP27. The appointment is effective from April 2023 and the term will run until December 2024.
166 companies on the initiative’s focus list were measured on their progress against the initiative’s three engagement goals and a set of key indicators related to business alignment with the goals of the ParisAgreement. C goal of the ParisAgreement.”. C scenario and cover all material emissions.
The ParisAgreement of 2015 highlighted the urgent need for a global transition towards more sustainable business practices, specifically use of carbon-free sources of energy. But while there is no doubt that the clean energy transition is accelerating, it’s not happening fast enough.
Normal 0 false false false FR X-NONE AR-SA As the meeting was the first time the Consortium met following the publication of the 2019 FABLE Report , the country teams opened by taking stock of their progress on technical capacity development for integrated analysis of food and land-use systems and engagement with national policymakers.
Since 2017, the UN Sustainable Development Solutions Network Youth (SDSN Youth) has been annually producing the “Youth Solutions Report”, a flagship initiative managed by the Youth Solutions Program team.
In late 2017, SDSN and the International Institute for Applied Systems Analysis (IIASA) launched the Food, Agriculture, Biodiversity, Land Use and Energy (FABLE) Pathways Consortium to bring together leading research institutions more than 20 country and regional teams.
In this context, FABLE country teams collectively reviewed their long-term country-level pathways and assessed the extent to which the addition of all pathways can contribute to reaching global sustainable development objectives (see FABLE’s 2019 Report here ).
Using a methodology developed by 3BL Media, all Russell 1000 Index companies are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services. There is no fee for companies to be included in 100 Best Corporate Citizens.
They also incorporated direct boat-based measurements of methane concentrations around offshore gas platforms in the North Sea collected in summer 2017, documented in a study also led by the authors. These updates resulted in a total methane emission estimate more than five times larger than reported emissions.
The primary outcomes of this year’s COP include: 1) the ParisAgreement Work Programme (PAWP); 2) the Talanoa Dialogue; and 3) the Pre-2020 action and ambition. More about these and other important announcements can be found in the Global Yearbook of Climate Action 2017. More information on the event can be found here.
About FABLE In late 2017, SDSN and the International Institute for Applied Systems Analysis (IIASA) launched the Food, Agriculture, Biodiversity, Land Use and Energy (FABLE) Pathways Consortium to bring together leading research institutions forming more than 20 country and regional teams.
CA100+ was established in 2017 as an investor-led initiative aiming to collectively support the goals of the ParisAgreement by challenging the large corporate greenhouse gas (GHG) emitters to take action on climate change.
and 1 degrees to spare if we are to meet the global targets outlined in the ParisAgreement. Although carbon emissions plateaued for a few years, reports on 2017 and 2018 global greenhouse gases show that emissions are “ accelerating ahead like a speeding freight train.” This reality means that we only have between 0.5
Separately, the FABLE Brazilian country team appeared in German news and a paper on FABLE was published in Horizons – Journal of International Relations and Sustainable Development. FABLE brings together leading research institutions from more than 20 country and regional teams. Source: Christine Daum-Farber and Nelson Farber for 3sat.
In late 2017, SDSN and the International Institute for Applied Systems Analysis (IIASA) launched the Food, Agriculture, Biodiversity, Land Use and Energy (FABLE) Pathways Consortium to bring together leading research institutions which form more than 20 country and regional teams.
As the slipping of climate targets continues, it’s becoming increasingly clear that cutting emissions won’t be enough to keep global temperature increases below the 2ºC target enshrined by the 2015 Parisagreement.
Sachs and operates through offices in New York, Paris, and Kuala Lumpur. Sachs and operates through offices in New York, Paris, and Kuala Lumpur. In 2017, the SDSN joined other organizations to form the Food and Land Use (FOLU) Coalition with a shared vision to help transform food and land use systems.
When the initiative launched at the end of 2017, just five of the focus companies had set net zero commitments. Over the last five years, CA100+ engaged focus companies on themes such as aligning their climate lobbying with the ParisAgreement and accounting for climate risks in corporate financial statements.
“Climate Action” is the thirteenth of the United Nations’ seventeen Sustainable Development Goals (SDGs). Climate action via implementation of the ParisAgreement is critical to the success of climate change mitigation, adaptation, and achieving other related SDGs. April 14 2017). Personal Interview.
The firm has been engaging with Pemex since 2017, both independently and as part of the broader investor coalition under Climate Action 100+ (CA100). . There’s ultimately a place for both engagement and divestment,” said Nietsch.
The IGCC nominated Alison Ewings, General Manager ESG at QIC, the PRI picked Alejandro Bujanos, Head of Sustainable Investing at Sura Mexico, and Ceres chose Peter Cashion, Managing Investment Director of Sustainable Investments at CalPERS.
Originally launched in 2017, CA100+ now has 700 investor signatories representing US$68 trillion in assets. . Engagement conducted as part of CA100+ has driven notable progress towards climate goals, with more than 110 focus companies having made net zero commitments today, compared to just five in 2017,” the CA100 spokesperson said. .
Double trouble – Undoubtedly, the most significant development in sustainable investment this week was the release of its first two standards by the International Sustainability Standards Board (ISSB). This week, the ISSB delivered its long-awaited sustainability standards, to overwhelming but not universal acclaim.
Stephanie Pfeifer, CEO of the Institutional Investors Group on Climate Change which co-founded CA100+, says “When CA100+ launched [in 2017], five focus companies had set net zero emission targets by 2050, now we are at three-quarters. Yet efforts to make absolute emission reductions, by CA100+’s own admission, “need to improve rapidly”.
The vision is endorsed by representatives from developers and construction companies, financial institutions, city networks and government, as well as industry representatives from concrete, steel and timber and many more including: HeidelbergCement, Skanska, Stora Enso, Google and the Finnish Government.
The Ocean Race measured microplastics in the last edition of the round-the-world Race in 2017-18 in a pioneering move that combined racing and science. Data from the race is contributing to the development of a map of plastic in the ocean and helping inform understanding of how microplastics transfer into marine ecosystems.
Sixty-five percent of investors said alignment of corporate and trade association lobbying with the goals of the ParisAgreement is a minimum expectation for firms claiming to be transitioning to more sustainable products and operations, according to a 2021 survey published by the Institutional Shareholder Services (ISS).
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