Corporate Knights

FEBRUARY 14, 2023

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 318

Net Zero Stranded Assets Global Economy Paris Agreement 318

ESG Today

MARCH 14, 2024

Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,” the first update to its “Powering Progress” strategy, launched in 2021, outlining the company’s climate transition roadmap and goals.

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Net Zero Stranded Assets Paris Agreement Climate Change 88

Corporate Knights

JANUARY 25, 2023

BASF resists the characterization, pointing to its track record – since 1990, the company has reduced its greenhouse gas emissions by 50% – and its objective to achieve net-zero by 2050 (five years later than the German national target of 2045). There is no question that the company is making moves in the right direction.

Climate Change 287

Climate Change Net Zero Stranded Assets Shipping 287

Corporate Knights

JULY 25, 2023

The announcement is meant to deliver on the 2023 subsidy phaseout deadline contained in Prime Minister Justin Trudeau’s December, 2021 mandate letters to Guilbeault and Finance Minister Chrystia Freeland. increase in 2021, the Canadian Climate Institute reported in February). billion for the first nine months of 2021/22.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Chris Hall

APRIL 21, 2023

This AGM season, investors have filed numerous shareholder resolutions to accelerate finance sector action to address climate risks and meet net zero commitments.

Banking 52

Banking Net Zero Stranded Assets Climate Change 52

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. For the first time, the IMO has also agreed on an overarching objective to achieve net zero greenhouse gas (GHG) emissions by or around 2050.

Shipping 81

Shipping Net Zero Stranded Assets Development 81

Chris Hall

MAY 4, 2022

It is a truth universally acknowledged that a company transitioning to net zero greenhouse gas (GHG) emissions by 2050 or sooner is in want of a detailed plan. . How do they translate on a net zero journey? C of global warming promised by signatories of the Paris Agreement. .

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Net Zero Carbon Offsets Paris Agreement Climate Change 52