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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. Cecilia Keating.

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Sustainalytics Launches Ratings to Assess Companies’ Low Carbon Transition Alignment

ESG Today

ESG ratings, data, and research provider Morningstar Sustainalytics announced today the launch of its Low Carbon Transition Ratings, aimed at providing investors with an assessment of a company’s alignment with a net zero pathway, based on an evaluation of its strategy and actions as well as scenario analysis.

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Lenovo Releases Annual ESG Report, Announcing Increased Participation in Circular Economy and Record-Breaking Philanthropic Impact Throughout FY2021/22

3BL Media

Lenovo set a vision to reach net-zero emissions by 2050, with targets currently under review for validation from the Science Based Targets initiative. . Lenovo is committed to our vision to provide smarter technology for all and helping to decarbonize the global economy – one of humanity’s greatest challenges.”?.

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Barclays Ends Direct Financing for New Oil and Gas Projects

ESG Today

UK-based bank Barclays will no longer directly finance new oil and gas projects, and will require its energy sector clients to produce transition plans or decarbonization strategies by the beginning of next year, according to a new “Climate Change Statement” released by the bank.

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Ambitious partnerships on climate action are taking root and bearing fruit

GreenBiz

Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climate change sadly has not slowed down this past year. We have only until 2030 to get things on track for a net-zero and nature-positive economy — this should sharpen our minds for action.

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Blistering heat is ravaging tourism hotspots. Can the industry reinvent itself?

Corporate Knights

Tourism is projected to make up nearly 12% of the global economy by 2033, but it is also poised to consume a troubling 40% of the world’s remaining 1.5°C Belem, situated at the mouth of the Amazon River in Brazil, is facing an influx of 70,000 delegates attending an upcoming United Nations climate summit, COP 30, in 2025.

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Business welcomes The Glasgow Climate Pact: We Mean Business Coalition statement

We Mean Business Coalition

The Net-Zero Standard launched by the Science Based Target initiative (SBTi) at COP26 now provides a credible and independent assessment of corporate net-zero target setting and enables companies to align their near- and long-term climate action with limiting global warming to 1.5°C.