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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. 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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How climate risk disclosure became a battleground for the clean economy

Corporate Knights

The shift began with the Paris Agreement in 2015, when the Task Force on Climate-Related Financial Disclosures (TCFD) was created. The work of the TCFD paved the way, in 2021, for the launch of the Net-Zero Banking Alliance (NZBA), an international cohort of banks committed to transitioning their financed emissions.

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Roundtable: What the latest UN Finance for Development summit means for the world

Eco-Business

In an increasingly fragmented global economy, China continues to support the role of institutions like the International Monetary Fund and World Bank, while pushing for a shift in emphasis more aligned with Global South priorities. Their responses have been edited for length and clarity. “ Economic growth 9. Infrastructure 10.

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BP hits the brakes on transition away from fossil fuels

Corporate Knights

Follow This plans to introduce a resolution at BP’s annual general meeting in May calling for the company to align its 2030 targets with the Paris Agreement. This was an increase from the 19% of BP's investments that were classified as sustainable in 2021, according to Corporate Knights sustainable economy intelligence.

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

GreenBiz

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. trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Campaigners maintain that stronger ambition is required given that the 2030 target the IMO is working towards — a 40 percent reduction in carbon-intensity emissions — is not aligned with the Paris Agreement in the first place. As the U.K. has a role to play in pushing for the highest possible ambition at this week's talks.

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Climate Action 100+ Net Zero Company Benchmark Shows Continued Progress on Ambition Contrasted by a Lack of Detailed Plans of Action

3BL Media

The results show that most focus companies are not moving fast enough to align with the goals of the Paris Agreement and reduce investors’ risk. CTI’s assessments show that the CapEx plans of oil and gas companies across the board are not aligned with the Paris Agreement goals. C) pathway.