Remove 2023 Remove Global Economy Remove Paris Agreement
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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. Private market assets grew to US$9.7

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Aligning Capital to Ambitious Climate Goals

Chris Hall

As we approach COP29, which (roughly) coincides with the fourth anniversary of the Net Zero Asset Managers initiative (NZAM), it’s an excellent moment to reflect on progress and reaffirm the individual commitments of NZAM signatories to accelerating the transition to a net zero global economy.

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Morgan Stanley Softens Climate Targets

ESG Today

Morgan Stanley revealed the introduction of a new range-based approach to its financed emissions reduction targets, introducing a new lower band to reflect the fact that the global economy and policy is not currently on track to with the ambition to limit the global temperature increase to 1.5°C C above preindustrial levels.”

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The facts of climate progress are the antidote to pessimism

Corporate Knights

The latest data show that European Union countries slashed emissions by over 8% in a single year in 2023, the largest drop in decades outside the COVID-19 years. That left its collective emissions 37% lower than 1990 levels, all while the economy grew nearly 70% bigger. Lets come back to the United States.

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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. Established in 2021, the International Sustainability Standards Board launched a set of global standards in 2023 that have been instrumental in facilitating worldwide adoption.

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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. A statement provided by Shell welcomed signs that some form of new regulatory regime was on the way.

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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

October 18, 2023 /3BL/ - Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released the latest round of company assessments against its newly updated Net Zero Company Benchmark, drawing on distinct analytical methodologies and datasets from public and self-disclosed data from companies.