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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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Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future. Tue, 09/01/2020 - 00:02. billion company’s new commitment to achieve net-zero status for its own operations by the end of this decade. . Heather Clancy. How does BCG's new pledges compare with other leading business consulting firms?

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HSBC Launches Net Zero Transition Plan

ESG Today

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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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. “We Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

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JPMorgan Raises Targets to Reduce Financed Emissions to Align with Net Zero by 2050

ESG Today

JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve net zero by 2050.

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Delivering Net Zero - What It Takes in the Telco Industry

3BL Media

Taking action to achieve Net Zero right now is more important than ever, as we only have a narrow window of opportunity to keep the increase in temperature within 1.5?C. The industry has made a commitment to reach net zero by 2050 at the latest. Now is the time to act and realize a Net Zero ambition.

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