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Canada’s provincial governments need comprehensive net-zero climate strategies to drive growth in the green economy, but some are sending mixed policy signals to the companies that will create tomorrow’s jobs, says a new report from the Canadian Climate Institute. . However, B.C. We see this transition as inevitable,” Arnold said.
Reaching net-zero as we grow remains vital. 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. Go-Ahead Group Ltd Net-zero-aligned transporter Go-Ahead is a U.K.-based
(NYSE: KEYS), a leading technology company that delivers advanced?design to help accelerate innovation to connect and secure the world, has released its 2021 Corporate Social Responsibility (CSR) Report detailing the company's environmental sustainability, social impact and ethical governance initiatives worldwide.
As such, agriculture is a focus area for Corporate Knights’s recently launched Earth Index initiative , which tracks progress toward meeting national 2030 targets on the road to a net-zero future. .
The global pandemic continued to highlight society’s inequalities in 2021, while heat waves, wildfires and floods reminded us of the urgency of the climate crisis. Approximately 90% of countries are now covered by some kind of net-zero target, as are hundreds of the largest publicly traded companies. Net-Zero Banking Alliance.
This includes employee safety and well-being; global aerospace safety; equity, diversity and inclusion; sustainable operations; innovation and cleantechnologies; and community engagement. Supported the commercial aviation industry’s commitment to achieve net-zero carbon emissions for global civil aviation operations by 2050.
SOURCE: Keysight Technologies. DESCRIPTION: As we release this 2021 CSR Report, I am humbled and honored to assume the role of Keysight President and Chief Executive Officer. In 2021, the world navigated a continued pandemic response, weather-related events, supply chain constraints, and other challenges.
For the report, the latest edition of the MSCI Net-Zero Tracker, MSCI assessed the climate change progress of companies within the MSCI All Country World Investable Market Index (ACWI IMI), and included data from its “Implied Temperature Rise” metric. Click here to access the MSCI report.
GoGreen Plus aims to offer real emissions reductions through carbon “insetting,” enabling shippers to replace conventional fossil fuels with sustainable fuels or cleantechnologies, such as SAF. That’s why we’re thrilled to collaborate with partners like DHL, who share our passion for Net-Zero.
GoGreen Plus aims to offer real emissions reductions through carbon “insetting,” enabling shippers to replace conventional fossil fuels with sustainable fuels or cleantechnologies, such as SAF. Standard Chartered has committed to netzero in its own operations by 2025 and in its financed emissions by 2050.
8, 2022 /3BL Media/ - Boeing [NYSE: BA] will represent the aviation sector in a global alliance, jointly established by the US Government and World Economic Forum to accelerate cleantechnologies and reduce carbon emissions. DESCRIPTION: ARLINGTON, Va., C above preindustrial levels, the so-called ‘1.5°C C pathway’. “We
trillion was invested in cleantechnologies, including heat pumps, electric vehicles, nuclear power, storage, grids, low-emission fuels, and efficiency improvements. This significant investment in cleantechnologies underscores the potential and importance of renewable diesel in the energy sector.
The ISSB was launched in November 2021 at the COP26 climate conference, with the goal to develop IFRS Sustainability Disclosure Standards, in order to provide a global baseline of disclosure requirements that can be used by jurisdictions on a standalone basis or incorporated into broader reporting frameworks.
According to a government statement announcing the launch of the new framework, the initiative forms part of Canada’s commitment under the Glasgow Statement, a 34-nation agreement signed at the 2021 COP 26 summit , to shift public finance away from fossil fuels and in support of the energy transition.
In the fall of 2021, the United Nations hosted 130 heads of state and high-level stakeholders to map out a plan to achieve accelerated energy transition goals by 2030. Heather Clancy is an award-winning journalist focused on innovation and transformative technology as it relates to corporate climate action. SOURCE: Antea Group.
The 2021 United Nations Climate Change Conference (COP26) established an accounting mechanism known as the “corresponding adjustment” to ensure that only one country counts each emission reduction. The use of high-quality credits is crucial to the realization of net-zero emissions. Key Issue 2—The Corresponding Adjustment.
Corporate Knights partnered with the Toronto Star to analyze the co-benefits of these cleantechnologies, quantifying just how much households can save by adopting them, and what their impact will be on emissions. And the faster these technologies are adopted, the fewer emissions Canada will produce. megatonnes, or about 8.6%
And when more supportive administrations were elected in 2020 and 2021, these same advocacy networks were equipped to pivot to ambitious federal policy—resulting in the landmark US Inflation Reduction Act and, in Brazil, a 50 precent drop in deforestation with additional climate policy action on the horizon. But 2023 also saw great progress.
All of the G7 countries have committed to netzero by 2050, yet virtually every one of them is still approving new oil and gas licenses, which the International Energy Agency [IEA] has said is incompatible with 1.5°C,” But since that document was published in 2021, expansion has continued at pace. C,” Hart said.
The findings are based on an examination of nearly 500 publicly available insurance company responses to the National Association of Insurance Commissioners’ (NAIC) 2021 Climate Risk Disclosure Survey, which implemented Task Force on Climate-related Financial Disclosures (TCFD) recommendations for the first time.
Netzero-committed asset managers still investing in laggard oil and gas majors, as pressure to stop financing new fossil fuel production builds. This universe is made up of 90 asset managers, including 25 members of the NetZero Asset Managers (NZAM) initiative , that have collectively invested US$417 billion into these companies.
Even with our greatest exploration of the oil and gas resources we have now, we will still be net-zero,” he claimed. In Guyana, there is also division, as evidenced by a 2021 lawsuit against fossil fuel production. Guess what? If you want Guyana to leave its oil in the ground, you start leading by example.
This strategy centers around goals to reduce net greenhouse gas (GHG) emissions 50-52% below 2005 levels by 2030, create a carbon pollution-free power sector by 2035, and achieve netzero emissions economy-wide by no later than 2050. Why it Matters.
Disorderly transition and portfolio risks loom large. 2025 will cause a fundamental re-appraisal For investors with 2030 and netzero commitments, the Stocktake / Ratchet cycle will show that success from significant company and policy engagement since 2015 has been difficult to spot. None of this will be fun.
The EU’s climate commitments mean that we will replace those smokestacks with cleantechnologies, sooner or later. And those that can transform the Port of Rotterdam into the clean, circular cluster of the future. For that outcome to occur, worldwide emissions must reach net-zero by 2050 at latest. . C of warming.
The world’s netzero future depends on introducing and upscaling cleantechnologies to neutralise and/or replace the hardest-to-abate CO2 emissions produced by carbon-intensive industries. The UK published its Hydrogen Strategy in 2021?to achieve netzero by 2050. can be used at scale.
In the race to netzero, Victoria Judd, Counsel at Pillsbury Winthrop Shaw Pittman, explains how the US is lapping the UK and EU in stimulating its green economy. Since 2021, the EC has been deliberating whether SAF should be incorporated into the EU taxonomy.
In 2021, almost one in ten global car sales were electric, according to the International Energy Agency , which means EVs have quadrupled their market share since 2019. Benedikt Sobotka, Co-Chair of the Global Battery Alliance, highlights risks and opportunities for investors across the EV value chain. per litre respectively in July 2022.
After a previous high of $922 billion in fossil financing in 2021, lending and underwriting to the industry fell to $787 billion in 2022 and then again, in 2023, to $707 billion. They point to a 2021 IEA assessment that there should be no new investments in fossil fuel projects if the world is to limit global warming to 1.5°C.
The Government of Canada on Thursday released its proposed Clean Electricity Regulations, aimed at advancing the decarbonization of the country’s electricity grid, and supporting its netzero emission climate goals. Canada also joined a G7 commitment in May 2022 to reach “predominantly decarbonized” electricity sectors by 2035.
Instead, they see our net-zero targets slipping away and they feel betrayed. The list’s sheer variety confirms climate experts’ contention that net-zero will create infinite opportunities for entrepreneurs and inventors with vision, grit and persistence. In 2021, sales nearly tripled, to $12.3 But growth costs.
The clean energy investments in the current reconciliation bill will help the U.S. increase production and export of cleantechnology to Europe. It’s time to turn Appalachia and the Rust Belt into the industrial heartland of cleantechnology manufacturing for America and the world.
As well as raising sustainable revenues, climate taxes could encourage a wider adoption of cleantechnologies and sustainable practices, which in turn could accelerate transition efforts. Now more than ever, we need the heaviest polluters to play a positive part in our collective transition to a netzero economy.”
These days, companies and governments alike are making commitments to netzero emissions. That means putting money on deploying existing technology in the near term, while continuing to fund innovation to deliver cost-effective approaches in the future. Deploying CleanTechnology. by Jill Feblowitz.
In the European Union, the Green Deal unveiled in December 2019 was recently upended with a Green Industrial Plan and a NetZero Industry Act (NZIA) in a bid to catch up with the United States. In both cases, the state has returned to directing industrial policy after a long absence.
Thu, 04/15/2021 - 01:30. It got me thinking: Could we boost the carbon drawdown potential of cleantechnologies even further by supporting more women-led startups in the burgeoning climate-tech ecosystem? economy to net-zero emissions by 2050. The case for raising up women in climate tech. Shana Rappaport.
In Canadas 2021 election, a top issue driving voters was climate change. But we also have a bright light for dark times: many cleantechnologies have become more affordable than their fossil fuel counterparts. But in the battle of our lifetimes, were losing sight of the human element. A Canadian study found a similar result.
But when the question was rephrased to offer the choice between ‘the economy’ and ‘a healthy, safe, clean environment,’ 55% chose the latter.” Rebates to lower-income families could help families afford to trade up to these clean alternatives. voters chose the former.
current NDC, set by the Biden administration in 2021 , is to achieve a 50% – 52% reduction in emissions by 2030. on or ahead of track to reach netzero GHG emissions economy-wide by 2050. President Biden has made climate action a key focus of his administration, with high profile initiatives including returning the U.S.
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