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All Systems go for Net Zero

Chris Hall

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

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Burberry’s Net Zero Emissions Goals Approved by SBTi

ESG Today

Burberry is the first luxury fashion brand to receive approval by the initiative for its net zero emissions target. SBTi is one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of addressing and limiting climate change. by 2030, from a 2019 baseline.

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UK-wide Plan Needed to Boost Climate Investments – Phoenix

Chris Hall

“Investors really need to see a basket of interventions and solutions being implemented to properly unlock finance [into climate solutions]. But a UK-wide transition plan is perhaps the most crucial because it sets the scene and gives [investors and companies] long-term certainty to deliver net zero,” Gardner added.

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BCG Signs One of Largest Ever DAC Carbon Removal Deals

ESG Today

DAC technology, listed by the IEA as a key carbon removal option in the transition to a net-zero energy system, extracts CO2 directly from the atmosphere for use as a raw material or permanently removed when combined with storage. According to last year’s IPCC climate change mitigation study, scenarios that limit warming to 1.5°C

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CanREA welcomes Draft Clean Electricity Regulations

CREA

Toronto, Ontario, August 10, 2023— CanREA joined Minister of Environment and Climate Change Canada Steven Guilbeault for the announcement of the Federal Government’s new draft Clean Electricity Regulations today. “In Why are they the solution? Photos PHOTO: Vittoria Bellissimo, President and CEO, Canadian Renewable Energy Association.

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Take Five: Shock and Gore at Davos

Chris Hall

The 2023 meeting of the temple of globalism provided some telling indicators of the state of progress on climate action. A framework published by the GFANZ-aligned Net Zero Insurance Alliance, aimed at guiding the insurance sector to net zero, was coolly received by some, citing loopholes and a general lack of urgency.

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Take Five: Onwards and Upwards

Chris Hall

First, the UN-convened Net Zero Asset Owner Alliance told us of a steepening uphill struggle, but an effective one driven by target-setting across activities and sectors. The end of the beginning – The Net Zero Asset Owner Alliance also urged further efforts to “reform the current multilateral financial architecture”.