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Canada’s Big Five banks keep moving further away from net-zero

Corporate Knights

A new report renders a damning portrait of Canada’s Big Five banks on their path to net-zero emissions by 2050. The banks racked up $275 billion in loans and bond and equity underwriting to fossil fuel companies between 2020 and 2022, which represents 16.9% of total financing in 2022, up from 15.5% in 2020. .$72.4

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. and LONDON, July 29, 2022 /3BL Media/ - AllianceBernstein L.P. (“AB”) Our net zero strategy addresses both the corporate and investment levels. AB to align operations and range of investment strategies with 1.5-degree SOURCE: AllianceBernstein.

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Del Monte Foods Announces Commitment to Net-Zero Emissions Goal

3BL Media

Plant-Based Foods Leader Aligns with Science Based Targets Initiative (SBTi) to Set Measurable Actions for Achieving Net-Zero by 2050. April 6, 2022 /3BL Media/ – Del Monte Foods, Inc. SOURCE: Del Monte Foods, Inc. DESCRIPTION: WALNUT CREEK, Calif.,

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BlackRock, Temasek Decarbonization Fund Invests in Energy Transition Software Provider Orennia

ESG Today

The round was led by BlackRock and Temaseks decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023. Energy transition data and analytics company Orennia announced the closing of its Series C growth financing round.

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EVs are leading U.K.’s race to net-zero, but will England stay off the gas?

Corporate Knights

s decarbonization efforts have enjoyed relative cross-party consensus. The pace of reductions in the power sector will inevitably slow, as coal has been almost completely removed from the energy mix, although the grid will continue to decarbonize as more renewables come onto the network – particularly offshore wind, where the U.K.

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Prologis Commits to Net Zero Emissions by 2040

3BL Media

DESCRIPTION: Sets interim targets of 1 GW solar by 2025 and net zero for operations by 2030. SAN FRANCISCO, June 22, 2022 /3BL Media/ - Prologis (NYSE: PLD), the global leader in logistics real estate, today announced its commitment to achieve net zero emissions across its value chain by 2040.

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BlackRock, Temasek Decarbonization Fund Invests in Residential Energy Transition Solutions Provider ConnectDER

ESG Today

The round was led by by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners. Philadelphia-based ConnectDER announced that it has raised $35 million in a Series D funding round to expand the market and innovation for its at-home electric vehicle charging and solar panel connection technology.