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Beyond a Governance-led Approach to Stewardship

Chris Hall

Jessye Waxman, Senior Campaign Strategist at the Sierra Club, says investors are failing to adapt to a new era of risk ahead of the 2024 AGM season. The emissions pathways of the majority of companies are still misaligned with the goals of the Paris Agreement. Failure to do so risks breaching their fiduciary duty.

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Science Based Targets Initiative Approves Otis Targets for Reducing Greenhouse Gas Emissions

3BL Media

April 22, 2024 /3BL/ - Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based greenhouse gas (GHG) emissions reduction targets. FARMINGTON, Conn.,

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Euronext Launches Index Investing in Companies with Approved 1.5°C Climate Targets

ESG Today

C goal of the Paris Agreement. The new index, CAC SBT 1.5°, was launched with the support of asset manager Amundi, climate research provider and environmental disclosure platform CDP and SBTi. As part of the ‘Fit for 1.5’

Net Zero 102
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Euronext Launches New Indices Investing in Companies with Approved Science-Based Climate Targets

ESG Today

C goal of the Paris Agreement. This launch demonstrates our strong commitment to our “Fit For 1.5°” and Growth for Impact 2024 strategy.” The new indices, the Euronext Europe SBT 1.5° and the Euronext Eurozone SBT 1.5°, follow on from the launch of CAC SBT 1.5° said: “The launch of the Euronext Europe SBT 1.5°

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Listen to the Science

Chris Hall

In 2024, the number of listed companies with a climate commitment validated by the Science Based Targets initiative (SBTi) jumped to 20% from just 12% in 2023. SBTi, a UK-registered charity, is a collaboration between the UN Global Compact and NGOs CDP, World Resources Institute and the WWF.

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ESG Acronyms and What They Mean

3BL Media

Science Based Target initiative (SBTi) The SBTi initiative was created to promote climate action within the private sector by assisting organizations in setting a science-based emissions reduction target in line with the Paris Agreement. The framework covers four areas: governance, strategy, risk management and metrics.

UNSDG 147
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EU CSRD: Sustainability Reporting Delayed and Narrowed

Chris Hall

The delay means that all in-scope companies will be required to disclose in line with the new rules as of 2024, publishing their reports in 2025. . The implementation of CSRD will also be delayed by one year, despite a multi-stakeholder collective recently calling on the Parliament and Council to maintain momentum.