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Banks flout net-zero targets to cash in on the next LNG boom

Corporate Knights

Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion. Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom.

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Henkel Defines Net-Zero Targets

3BL Media

DÜSSELDORF, Germany, November 4, 2024 /3BL/ - In line with its ambitions for sustainability within its agenda for purposeful growth, Henkel has defined a net-zero roadmap, substantially extending its targets for emissions reduction along the value chain. We all have to take responsibility and help limit global warming to 1.5°C,

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Fri, 03/26/2021 - 00:05. Net-zero financed emissions" pledges have swept the banking sector since January 2020, with the U.K.'s Cecilia Keating. s largest fossil fuel financiers — Barclays and HSBC — and many of the largest U.S.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. Our net zero strategy addresses both the corporate and investment levels. AB’s net zero journey is well under way, and we’re excited for its next stage—translating our strategy into a systematic approach to fulfilling our commitment.”.

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Keep your eyes on these 9 electric truck and van companies in 2021

GreenBiz

Keep your eyes on these 9 electric truck and van companies in 2021. Mon, 01/04/2021 - 02:00. Here’s a look at what nine big-name players accomplished over the past 12 months, and what to keep an eye on in 2021. and attracting major investments for its electric buses and vans still in development. Mike De Socio.

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To Meet Net Zero, Prioritize ESG Laggards

3BL Media

With the long-term goal of net zero in mind, it may be tempting for investors to focus on capitalizing ESG trailblazers over ESG laggards. Engaging for Net Zero. By 2040, the company aims to be net zero and expects their carbon management business will overtake their traditional business.

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SBTi Releases Initial Draft of New Corporate Net Zero Standard

ESG Today

The organizations key functions include defining and promoting best practice in emissions reductions and net-zero targets in line with climate science, providing technical assistance to companies who set science-based targets, and providing companies with independent assessment and validation of their emissions reduction targets.

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