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

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. Tue, 10/13/2020 - 00:46. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century.

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Designing Net Zero Ports

3BL Media

The maritime sector plays a major role in the global economy, transporting a high volume of freight around the world. percent of global greenhouse gas emissions 1 and moves freight with some of the lowest carbon emissions per tonne.kilometre (t.km) 2 of any transport sector. SOURCE: WSP. DESCRIPTION: By James Peet.

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BP hits the brakes on transition away from fossil fuels

Corporate Knights

When Bernard Looney became CEO of BP in 2020, he promised to reinvent the British oil major as a “leaner, faster-moving and lower-carbon company.” The company was one of the first oil majors to commit to being net-zero in 2050 and was showing signs it was open to speeding up its transition to a low-carbon future.

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Ambitious partnerships on climate action are taking root and bearing fruit

GreenBiz

Buried beneath the dour daily headlines on COVID-19 infections, lockdowns and travel bans, the latest science about our planet released during 2020 makes for tough reading. Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climate change sadly has not slowed down this past year.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

While some recognise carbon offsets markets as key for us to achieve net-zero emissions world by 2050 by funnelling cash into cost-effective projects, others believe credits are a dangerous distraction that allows polluters to pay their way out of the problem. Introduction. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

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The State of Green Business 2021

GreenBiz

And then 2020 happened. To our immense satisfaction, we saw little carnage within corporate sustainability departments during 2020 relative to previous economic downturns, when such functions were often among the first to be downsized or jettisoned. And the year ahead certainly would bring more of the same. Or so we predicted.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Green groups urge UN to raise climate ambition on global shipping. Tue, 10/20/2020 - 00:15. The global shipping industry's decarbonization efforts once again face stormy seas. It is also working to introduce net-zero emissions ships in U.K. Cecilia Keating. was a relatively small player at the IMO.

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