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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

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. Pull Quote. Finance & Investing.

Net Zero 402
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The world has consumed half a trillion tonnes of virgin materials since the Paris Agreement

Envirotec Magazine

The throwaway global economy is fuelling the climate crisis with more than half a trillion tonnes of virgin materials consumed since the 2015 Paris Agreement, according to a report from impact organisation Circle Economy launched on 19 January. Gt and in 2019 it reached 101.6 billion last year.

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

GreenBiz

Despite this significant drop from 2019 to 2020, the overall trend of the last five years is one heading definitively in the wrong direction," the report states. trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates. Overall, the world's leading banks have channelled $3.8

Net Zero 398
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The 25 most sustainable private companies in the world

Corporate Knights

While publicly traded companies often dominate the headlines, private companies are a much larger part of the global economy. Since 2019, it has cut air carbon by 7.5% The company aims to achieve net-zero emissions by 2050, in line with the Paris Agreement, largely by helping its customers switch to electric vehicles.

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Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

The Global Wind Energy Council (GWEC) has published the 15th edition of The Global Wind Report , described as the wind industry’s flagship publication which provides a comprehensive, global view of the sector through the latest market data, country profiles, trends and analysis. GW installed in 2019.

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

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. In its latest status report, the TCFD notes that investor support for its recommendations grew by 85 percent from 2018 to 2019. Ateli Iyalla. Mon, 12/14/2020 - 00:05.

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ING Faces Climate Lawsuit from Group that Won Case Against Shell

ESG Today

The letter makes a series of key demands, including calling on the bank to aligns its climate policy with the Paris Agreement goal to limit warming to 1.5°C, C, and to reduce its CO2 emissions by at least 48% by 2030, on a 2019 basis.