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The 25 most sustainable private companies in the world

Corporate Knights

Oesterreichische Kontrollbank AG Sustainable development bank Oesterreichische Kontrollbank (OeKB) or Austrian Control Bank is a special-purpose financial institution owned by Austrias main banks. billion in hydrogen technologies between 2021 and 2026. Canada 47.2% 12 Biffa PLC United Kingdom 56% 63.4%

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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. The work of the TCFD paved the way, in 2021, for the launch of the Net-Zero Banking Alliance (NZBA), an international cohort of banks committed to transitioning their financed emissions.

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ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition

ESG Today

The impact on banks’ businesses would largely be a result of the transition effects on the companies and households which they loan to. These risks would be particularly acute for companies in energy-intensive sectors such as manufacturing, mining and electricity.

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With 1.5°C looming, UN launches plan to jump-start renewables

Corporate Knights

C rise between now and 2026. C does not mean we have breached the iconic threshold of the Paris Agreement, but it does reveal that we are edging ever closer to a situation where 1.5°C billion, according to data from the Rainforest Action Network, despite signing on to the UN’s Net-Zero Banking Alliance. The post With 1.5°C

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ECB to Transition Corporate Bond Portfolio to Better Climate Performers

ESG Today

The European Central Bank (ECB) announced today a series of moves to further incorporate climate change considerations into its monetary policy framework, including actions to decarbonize its portfolio of corporate bond holdings over time, and to introduce climate-related disclosure requirements for collateral.

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EU Lawmakers Agree to Ramp Emissions Reduction Requirements for Road, Ag and Buildings Sectors to 40% by 2030

ESG Today

Flexibilities that can be used by member states include banking and borrowing emissions reductions between years, and trading emissions reduction allocations among the states. of allocations until 2025, and up to 5% from 2026 – 2030. of allocations until 2025, and up to 5% from 2026 – 2030. Source: European Council.

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PepsiCo CSO on embedding sustainability into 'day-to-day business'

GreenBiz

In mid-January, PepsiCo joined that club with a strategy to reduce its greenhouse gas emissions by 40 percent across its entire value chain by 2030 and to reach the elusive net-zero emissions status 10 years before it’s called for by the Paris Agreement. We will go another five years through 2026.

Net Zero 384