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The State of Green Business 2021

GreenBiz

The State of Green Business 2021. Mon, 01/25/2021 - 02:11. The report, published in partnership with S&P Global Trucost, is a free download. As we dare to look ahead, however tentatively, at 2021 and beyond, we see more of the same. Joel Makower. Now, where were we?

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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. The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climate change and the ongoing practices of the world's leading banks. Cecilia Keating.

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HSBC Chief Sustainability Officer Celine Herweijer Steps Down

ESG Today

Herweijer joined HSBC in 2021 as Group Chief Sustainability Officer and a member of the Group Executive Committee, and has overseen the development of the bank’s net zero strategy, including its portfolio decarbonization targets. Prior to joining HSBC, she served as Global Sustainability and Innovation Leader at PwC.

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The 25 most sustainable private companies in the world

Corporate Knights

While publicly traded companies often dominate the headlines, private companies are a much larger part of the global economy. 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.

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Morgan Stanley Joins Peers in Leaving Climate Group, Maintains Commitment to Net Zero

ESG Today

Morgan Stanley has joined several of its peers in exiting the Net-Zero Banking Alliance (NZBA), a UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities,ESG Today has confirmed. Morgan Stanleys commitment to net-zero remains unchanged.

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BP hits the brakes on transition away from fossil fuels

Corporate Knights

The company was one of the first oil majors to commit to being net-zero in 2050 and was showing signs it was open to speeding up its transition to a low-carbon future. The company is still committed to being net-zero by 2050, but observers say it’s a lot harder to see a pathway to reach such a goal without a stronger target for 2030.

Net Zero 338
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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

With more than one quarter of the global economy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. It is also working to introduce net-zero emissions ships in U.K.

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