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Banks flout net-zero targets to cash in on the next LNG boom

Corporate Knights

A new report published by Reclaim Finance on Thursday calculates that, between 2021 and 2023, 400 banks put $213 billion toward LNG expansion and 400 investors funded the buildout with $252 billion as of May 2024. Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom.

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Alberta's conservative party invites climate disinformation into policy debate

Corporate Knights

Members of Alberta’s governing United Conservative Party are debating whether to abandon existing net-zero targets at the party’s annual general meeting in Red Deer this week – a move that would further signal the province’s departure from global and national priorities for mitigating emissions. Energy Information Administration.

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Unilever sets out net-zero plans for shareholder vote

GreenBiz

Unilever sets out net-zero plans for shareholder vote. Unilever has become one of the first multinational companies in the world to publish a corporate net-zero action plan for oversight by its shareholders, as it prepares to put the climate strategy to an advisory vote at its upcoming AGM in early May. Michael Holder.

Net Zero 399
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Transport industry leaders share 2023 predictions for decarbonization

GreenBiz

In the race to net zero, what’s in store for transportation and mobility this year?

Net Zero 419
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What 2024’s costly climate disasters mean for home insurance rates in 2025

Corporate Knights

billion in fossil fuels in 2023, fuelling extreme weather and damages to property. Globally, insurance companies like Allianz, Zurich, Munich Re, Suncorp, Generali and others are aligning themselves with net-zero by halting the underwriting of fossil fuel expansion. Canadian insurers invested more than $19.5

Net Zero 263
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The year ahead in ESG: Pledges, politics and biodiversity

GreenBiz

Is 2023 the year the pens writing pledges get put down and the finance sector gets to work in investing towards a net-zero future?

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The three keys to kickstarting Canada's net-zero industrial policy

Corporate Knights

With Budget 2023’s “made-in-Canada plan” released in late March, the federal government has laid out its net-zero industrial policy – a response to the U.S. Institutional innovation is often necessary to build the culture and practice of modern industrial policy with a net-zero focus.

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