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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. Citigroup (U.S.)

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2025 Global 100 list: World's most sustainable companies are still betting on a greener world

Corporate Knights

The firms in the 2025 Global 100 ranking allocated 58% of their investments to sustainable projects in 2023, up from 55% in the prior year. Computers & peripherals mfg $366,926 12% 728:1 50% 76% 0% C 1.5C, SBTi 80 52 Investec Ltd Sandton, South Africa Banks $2,308,452 6% 48:1 58% 4% N.A. Banks $2,854,401 8% 46:1 50% 4% N.A.

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The 25 most sustainable public-sector companies in the world

Corporate Knights

From the ranking leader Hydro-Qubecs $155-billion green-energy expansion plan, to 12th-place Bpifrance banks financing solar and wind power loans, the inaugural list shows how investments in renewable energy pay off. In 2023, EDC provided a record $12.2 In 2023, it came in at just 128 kt :75% lower than its target.

Net Zero 180
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Schneider Electric, PCAF Partner to Help Banks, Investors Measure & Report Financed Emissions

ESG Today

In 2023, PCAF launched an accredited partner program, enabling collaboration with service providers such as consultancies, data providers, and software providers, in order to support financial institutions in applying the PCAF Standard.

Banking 105
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ECB Says Banks are Getting Better at Managing Climate, Nature Risks

ESG Today

Banks in the EU have made “significant strides” in addressing and managing climate and nature-related risks, according to European Central Bank (ECB) Executive Board Member and Supervisory Board Vice-Chair Frank Elderson, with major increases in advanced practices in place to identify, monitor these risks made by banks in just the past few years.

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The 25 most sustainable private companies in the world

Corporate Knights

Worldwide, there are more than 95,000 private companies with annual revenues over US$100 million, compared to only 10,000 public companies over that threshold, according to a 2023 report from investment management firm Hamilton Lane. By 2023, Bosch reported that 99% of its electricity requirements were met by green energy. in 2024.

Net Zero 214
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New framework for CO2 offsets could create "cowboy carbon markets," critics warn

Corporate Knights

The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace. “We At least one major international bank, HSBC, is voting with its feet. Only days before COP29 approved the carbon agreement, the bank shut down plans to launch a major carbon trading desk, according to Bloomberg.