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Can fossil fuel lobbyists be barred from global climate talks?

Corporate Knights

Coming at the end of what is going down as the hottest year on record, it was easy to feel that the annual meetings of signatories to the 1992 UN Framework Convention on Climate Change (UNFCCC), plus the circus of non-governmental organizations, lobbyists and negotiators that has grown up around them, have failed to deliver.

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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change.

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GRI, CDP to Strengthen Alignment of Sustainability Reporting Frameworks

ESG Today

The GRI published a major update of the standards in 2021, and recently published a new biodiversity reporting standard , aimed at enabling companies to publicly disclose on their most significant biodiversity impacts, and how they are managed.

CDP
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UK Commits to Cut Emissions More than 80% by 2035

ESG Today

The new target, announced at the COP29 climate conference in Baku, Azerbaijan, raises the UK’s climate ambition from the 78% target set under Prime Minister Boris Johnson in 2021. The new decarbonization goal will form the UK’s new Nationally Determined Contribution (NDC) under the Paris Agreement.

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ECB Sets Goal to Reduce Emissions of €331 Billion Corporate Bond Portfolio by 7% Per Year

ESG Today

Alongside the disclosures, the ECB revealed that it has set a new climate goal for its corporate portfolio holdings in the asset purchase programme (APP) and the pandemic emergency purchase programme (PEPP), targeting an emissions intensity reduction of 7% on average per year.

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Shell Wins Appeal Against Court Ruling Requiring it to Slash Emissions from Use of Products

ESG Today

A Dutch appeals court issued a ruling in Shell’s favor, reversing a landmark 2021 ruling holding the company responsible for greenhouse gas (GHG) emissions resulting from its customers’ use of its products, and ordering the company to dramatically reduce emissions by the end of the decade.

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European Commission Proposes Target to Reduce Emissions 90% by 2040

ESG Today

European Commission President Ursula von der Leyen said: “As European citizens increasingly feel the impact of climate change, they expect Europe to act. The new proposal would amend the EU Climate Law, initially adopted in 2021 , setting into legislation the EU goal to reach climate neutrality by 2050.