Corporate Knights
FEBRUARY 14, 2023
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.” Last week, BP said it will cut its Scope 3 emissions by only 20% to 30% by the end of the decade – a significant reversal from its original 35% to 40% target announced in 2020.
3BL Media
AUGUST 30, 2022
The CDP Global Water Report (2020) informs us that, when it comes to water security, “The cost of inaction is five times the cost of action.”.
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Chris Hall
NOVEMBER 3, 2023
This means that every 25 years, global warming will increase by 0.5°C in 2020 amid Covid-19 lockdowns that restricted travel and economic activity, which many hoped would serve as the catalyst for further reductions year-on-year. GHG emissions did fall by 4.6% However, when the world came back online, GHG emissions rebounded 6.4%
Chris Hall
MARCH 2, 2022
“Regardless of geopolitical developments, decentralised energy systems based on renewable energy sources increase energy independence and security, while lowering costs for end-consumers and contributing towards the decarbonisation of economies,” says Marco van Daele, Co-CEO and CIO at SUSI Partners, a Swiss-based infrastructure fund manager.
Edouard Stenger
DECEMBER 30, 2020
The ongoing COVID-19 pandemic has brought our global economy to a standstill, with fears of the worst recession since 1929. Economies around the world are reeling from the cascading shocks wrought upon them since the beginning of March. Brent crude prices dropped 70 percent since the beginning of 2020.
Chris Hall
AUGUST 23, 2023
Starting at a 2% reduction in 2025 compared to 2020 intensity levels, it will increase to 6% by 2030, and eventually reach 80% in 2050. Some companies will start acting and some won’t; there’s more risk of stranded assets.” What role should investors play?
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