Remove 2024 Remove Global Economy Remove Paris Agreement
article thumbnail

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.

article thumbnail

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.

Net Zero 214
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

‘First nail in the coffin’ for fossil fuels at COP28

Corporate Knights

“A call to transition energy systems away from fossil fuels—the first time oil and gas had been included in a COP agreement—won over those demanding strong action; but oil producers and developing countries were reassured by assertions that countries are free to follow their own paths to net zero,” Bloomberg News reports.

Net Zero 317
article thumbnail

Accelerating Climate Action

3BL Media

Upon the team’s return from the UAE, we sat down to gather their impressions from the historic event and hear how they plan to accelerate action in 2024. Q: At the conclusion of COP, delegates agreed to what is being called “the UAE Consensus,” an agreement that begins to lay the groundwork for transitioning away from fossil fuels.

article thumbnail

Over 60GW of wind energy capacity installed in 2019, the second-biggest year in history

Envirotec Magazine

“Nevertheless, we are still not where we need to be when it comes to the global energy transition and meeting our climate goals. If we are to have any chance at reaching our Paris Agreement objectives and remaining on a 1.5°C

article thumbnail

“Insufficient” Action from Banks to Meet Climate Targets

Chris Hall

Not moving fast enough” According to the TPI Centre’s report, banks lack alignment with the Paris Agreement, with just 19% of their sectoral pathways being aligned with temperature goals of 1.5°C It also deemed the performance of the two US custodian banks – BNY Mellon and State Street Corporation – to be “very weak”.

Banking 72
article thumbnail

Nasdaq Maintains a High Position in Chartis RiskTech100 Rankings

3BL Media

Nasdaq is proud to have won the 2024 RiskTech100 awards for its Market, Anti-Financial Crime, and Capital Access Platforms. Anti-Financial Crime Market abuse, fraud, and money laundering is an enormous problem across the globe that costs trillions of dollars and contributes to systemic risks to the global economy.

Banking 147