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‘NOCs’ Knock Investors off Net Zero Track

Chris Hall

Engaging with state-owned firms is challenging and potentially less effective, Carbon Tracker warns. Investors that have set net zero targets for their portfolios have been cautioned to carefully evaluate their positions in majority state-owned oil and gas laggards. billion in 2022, a 46.5%

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New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

It will also require the disclosure of Scope 3 emissions starting in 2027 for the prior fiscal year, in accordance with guidance provided by the GHG Protocol. Scope 3 assurance requirements will be determined by the California Air Resources Board (CARB) in 2027. Read here for a simple breakdown of what Scope 3 GHG emissions are.)

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Amgen’s Sustainability Track Record Includes Reducing Carbon, Water, and Waste

Environment + Energy Leader

Amgen's “Road to Net Zero” not only includes carbon neutrality by 2027 but also involves reducing water use by 40% and waste disposal by 75%. The post Amgen’s Sustainability Track Record Includes Reducing Carbon, Water, and Waste appeared first on Environment + Energy Leader.

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Net zero transition – the latest signals of change: July 7, 2023

We Mean Business Coalition

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 and Europe.

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What Companies Should Know About California’s New Climate Accountability Package

3BL Media

Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. In addition, offset sellers must provide disclosures on carbon offset project details and accountability measures. More information about Scope 1, 2, and 3 emissions is detailed below.

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U.S. Building Performance Standards in 2023 and Beyond

3BL Media

and larger; these buildings must meet a final EUI target by 2030, with interim targets in 2024 and 2027. The city’s goal is to gradually reduce carbon emissions to net zero by 2050. The ACP fee is set at $234 per metric ton of carbon equivalent (tCO2e/year) per year and is subject to change every five years.

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ESG Can Put Airports on Course for Growth

Chris Hall

While the Paris Agreement does not include the international aviation industry it is clear the intention is to reach net zero by 2050. The UK domestic strategy under Jet Zero is in line with this by looking to maintain carbon emission to 2019 levels and reducing emissions to 19.3 MtCO2e by 2050.