GreenBiz

NOVEMBER 24, 2020

Tue, 11/24/2020 - 00:40. Recent months have seen major moves on climate action by some of the world’s largest private banks, including JPMorgan Chase, HSBC and Morgan Stanley. Looking across their investments in different sectors and regions, more banks are considering how to reduce the carbon intensity of entire portfolios over time.

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GreenBiz

OCTOBER 13, 2020

Tue, 10/13/2020 - 01:40. And then there are banks and other financial institutions , which have long been the focus of climate activists. Fifty-five financial institutions including Bank Sarasin, Amalgamated Bank and Standard Chartered are backing the new certification and already have committed to setting science-based targets.

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ESG Today

JANUARY 7, 2025

JPMorganChase has chosen to exit the Net-Zero Banking Alliance, ESG Today has confirmed, marking the latest in a rapid-fire series of departures from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. The departure makes JPMorgan the last large-scale U.S.-based

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GreenBiz

DECEMBER 7, 2020

Mon, 12/07/2020 - 01:45. HSBC is targeting net-zero in operations and supply chain by 2030; it also seeks to align its portfolio of investments with the Paris Agreement goal to achieve net-zero emissions by 2050. HSBC invests in world’s first ‘reef credit’ system. Jesse Klein.

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GreenBiz

SEPTEMBER 28, 2020

Mon, 09/28/2020 - 00:00. The sustainability manager saw this as an excellent starting point to set science-based targets for a reduction in emissions, with the targets reflecting the Paris Agreement and carbon reduction plans for countries in which the company did business. Steven Bullock.

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GreenBiz

OCTOBER 30, 2020

Fri, 10/30/2020 - 00:10. She chats about JPMorgan Chase's new financing commitment aligned with the Paris Agreement, how it's helping clients with their carbon mitigation journeys, and its strategy for supporting stronger community resilience. . Episode 243: VERGE voices with Apple's Lisa Jackson, 350.org's org's Bill McKibben.

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ESG Today

JULY 17, 2024

The bank also announced the appointment of former UK Member of Parliament Danny Alexander as CEO of the new business. In a LinkedIn post following the announcement, Guyett said: “We have a leading presence in the regions where infrastructure needs to be developed and financed to enable a just transition to a low carbon economy.

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GreenBiz

JUNE 25, 2020

Thu, 06/25/2020 - 00:30. Since then, the asset manager backed two proposals at the annual general meetings of both Chevron and Exxon, related to the manner these companies conduct themselves in relation to Paris Agreement targets. Whether pandemic or climate crisis, you better get your data right. Paolo Natali. Why do this?

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Corporate Knights

DECEMBER 20, 2022

The summit brought together delegates from over 190 countries to negotiate the post-2020 Global Biodiversity Framework , the implementation of which will require a transformation in the way we produce, consume and trade goods and services that rely on and impact biodiversity. However, the risks from biodiversity loss are enormous.

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GreenBiz

OCTOBER 7, 2020

Wed, 10/07/2020 - 02:01. Amid myriad social, health and political crises, business sustainability is alive and well and living the Paris Agreement. BNP Paribas is enlisting Christina Cho , in her 13th year at the bank, as co-head with Anne van Riel of Sustainable Finance Capital Markets Americas. Elsa Wenzel. Who's news.

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GreenBiz

SEPTEMBER 25, 2020

Fri, 09/25/2020 - 01:00. From an emissions standpoint, Climate Week 2020 may go in the books as the greenest of all time. . bank to commit to net-zero emissions generated from its financing activities by 2050. . Signatories agree to implement decarbonization strategies in line with the Paris Agreement.

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ESG Today

MARCH 28, 2023

It equips them with a new tool to assess the level of issuers alignment with climate change mitigation, adaptation, and low-carbon transition objectives, which will be fundamental to contributing towards meeting the objectives of the Paris Agreement.”

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Corporate Knights

MARCH 10, 2022

In 2021, the value of carbon credits traded on the voluntary market exceeded US$1 billion , more than double the value in 2020. At COP26, in November 2021, states agreed on a series of rules to govern market-based activities under Article 6 of the Paris Agreement. Communities at risk.

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Corporate Knights

JANUARY 18, 2022

Since the market bottomed in the spring of 2020, the Global 100 has made gains of 22% against the ACWI, reflecting investors’ focus on a green recovery. In 2021, 60 of the Global 100 companies signed up to the Science Based Targets initiative, aligning their emissions reductions with the requirements of the Paris Agreement.

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ESG Today

OCTOBER 19, 2022

Following the ruling, Adfree Cities said in a social media post that “from today, banks are on notice over greenwashing.”. HSBC isn't the only bank with a lethal addiction to fossil fuels: @Barclays & others are also bankrolling the #ClimateCrisis.

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ESG Today

NOVEMBER 16, 2023

The new targets form part of the company’s commitment, announced in October 2020 , to align its financing activities with the goals of Paris Agreement, and to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world. million CO2e.

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3BL Media

MARCH 3, 2022

The Revolving Credit Facility (RCF) was refinanced by Lloyds Bank to support the luxury fashion brand into accelerating emissions reductions by 46 per cent across its extended supply chain (Scope 3) by 2030. pathway laid out in the Paris Agreement. KEYWORDS: ACRE, Liam Goldsworthy, Burberry, Lloyds Bank, Julie Brown.

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ESG Today

JANUARY 25, 2024

HSBC announced today the launch of its first Net Zero Transition Plan, outlining the global bank’s strategy to finance and support the transition to net zero, and to meet the climate goals it has set over the past few years. Click here to access the HSBC Net Zero Transition Plan.

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Corporate Knights

JULY 25, 2023

With the World Bank, the World Trade Organization, and environmental groups all in agreement, he added, “getting rid of inefficient fossil fuel subsidies is now a common sense bottom line.” In 2020, a blistering analysis showed Canada leading the G20 countries in per capita public financing to oil and gas.

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ESG Today

DECEMBER 28, 2022

The new targets form part of the company’s commitment, announced in October 2020 , to align its financing activities with the goals of Paris Agreement, and to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world.

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ESG Today

OCTOBER 25, 2022

The company’s new sustainable finance goal replaces its current pledge , announced in 2020, to help raise €120 billion between 2019 and 2023 through energy transition-related sustainable financing solutions by 2023. Societe Generale indicated that it has already significantly surpassed its goal, reaching €157 billion by the end of 2021.

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3BL Media

DECEMBER 13, 2022

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015) where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into this year’s landmark developments and future prospects. Currently, humanity uses the equivalent of 1.7

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3BL Media

DECEMBER 6, 2023

Market Platforms Regulators require exchanges, marketplaces, banks, and brokers to monitor an array of risks because the default of one or a group of participants could rapidly result in contagion across the financial markets. In addition, clients can collaborate through Verafin’s Information Sharing platform to fight crime.

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Chris Hall

NOVEMBER 3, 2023

Almost seven years since the Paris Agreement was signed at COP21, any number of initiatives have been launched with the aim of reducing greenhouse gas (GHG) emissions and limiting global warming to 1.5°C. C – putting the world on track to exceed 2°C by 2050 without significant action by policymakers and corporates.

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Chris Hall

JULY 5, 2023

Investors may be overlooking the issue of climate-related lobbying by banks in the face of increasing evidence of a lack of consistency between their climate commitments and their positions on legislative and regulatory issues. Schroders voted in favour of the first banking shareholder climate lobbying proposal at Wells Fargo this year.

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Chris Hall

NOVEMBER 6, 2024

When issuers are first raising money, we are in a better position to push our ideas, as well as talk to the wider circle of banks and debt capital markets to adapt best practices,” he says. Patience a prerequisite Bondholders also do not act alone. trillion in assets under management. The post Loud and Clear appeared first on ESG Investor.

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3BL Media

DECEMBER 19, 2022

PNC Bank client, NETSTREIT, specializes in acquiring single-tenant net lease retail properties and recently made the decision to double down on its sustainability commitments by setting aggressive goals that go further than any of its current competitors. Power of Relationship Banking.

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Corporate Knights

AUGUST 16, 2023

during one of the 2020 lockdowns, the BBC show Springwatch featured it. billion) per year that will have to come from private investment, according to an Environment Bank white paper. “If Countries would never have signed the Paris Agreement without the belief that cutting emissions could be economically viable. “It

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Chris Hall

JULY 1, 2022

Sustainable finance, until recently still a niche activity, is now a mainstream strategic consideration for banks, asset managers and insurers. Usher says asset managers are not alone; many members of the Net Zero Banking Alliance have taken a similar view, choosing to side with management on climate for the time being. of emissions.

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Chris Hall

SEPTEMBER 16, 2024

C has increased from 7% in 2020 to 30%, 70% still lack such targets for 2050. Early action is really important in achieving alignment with the Paris Agreement,” said Russell. “It’s positive While the report highlighted the share of companies with long-term emissions targets aligned with 1.5°C

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3BL Media

MARCH 1, 2022

The investment firm has spent more than two decades helping companies adopt climate-friendly business models which will continue this year with a focus on the phase-out of unabated coal generation by 2030 for developed markets and 2050 for developing markets, in order to achieve the goals, set out in the Paris Agreement.

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ESG Today

FEBRUARY 9, 2023

In 2020, Shell announced a commitment to achieve net zero in its operations by 2050, and in 2021, the company launched its “Powering Progress” strategy , detailing how it will achieve its target to be a net-zero energy business by 2050 across Scope 1, 2 and 3 emissions, with initiatives including investing in renewable and clean energy solutions.

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3BL Media

MARCH 23, 2022

In December 2020, all Yum China brands launched a series of actions to reduce plastics and use environmentally friendly packaging in response to national initiatives. At the same time, it has equipped 46 KFC restaurants in key cities with pilot waste sorting, and has continued to expand its food bank pilot project to reduce food waste.

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Renewable Energy World

NOVEMBER 18, 2021

The European Investment Bank (EIB) is providing €49 million (US$55.6 The financing will contribute to the Italian government’s decarbonisation targets in line with the Paris Agreements and also to EIB’s objectives of climate action, pollution prevention and climate change adaptation.

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James Militzer

SEPTEMBER 21, 2023

For instance, the African Development Bank and Green Climate Fund’s $800 million LEAF program promises to spur local currency investments from local financial institutions to scale up the activities of decentralized renewable energy companies. Again, there are many promising examples of this approach in the off-grid sector.

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James Militzer

OCTOBER 10, 2022

In countries like the Democratic Republic of Congo, where 90% of the population relies on charcoal for cooking, over a million acres of primary rainforest were lost in 2020 alone to wood fuel collection, driving forest degradation and harming precious ecosystems that naturally remove carbon from the atmosphere.

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3BL Media

JANUARY 11, 2023

The price signal from the biggest market in term of traded value, the European Union, will be muted as lawmakers eye carbon as a piggy bank to fund the bloc’s shift from Russian gas. The World Bank estimates that a carbon price of $50 to $100 per ton of CO2 is required by 2030 to meet the temperature goals of the Paris Agreement.

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