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‘NOCs’ Knock Investors off Net Zero Track

Chris Hall

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. The targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement. billion in 2022, a 46.5%

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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals

ESG Today

This is Maersk’s eighth green-methanol agreement, following the company’s recently announced several deals to source at least 730,000 tones of green methanol per year by the end of 2025. The commercial start for the project is anticipated to commence in 2027.

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UK CBAM Success Hinges on EU Ties

Chris Hall

Question marks The UK’s CBAM will be applied to Scope 1, 2 and some third-party emissions produced by imports including iron, steel, aluminium, ceramics, cement from 2027. The UK government decided to implement a UK CBAM in order to reduce carbon leakage risk, and has further recognised that the mechanism is an important part of “delivering the (..)

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Invest in Networks for Exponential Climate Wins

Stanford Social Innovation

INETTT members in Indonesia, South Africa, and Vietnam met to share lessons from their country’s Just Energy Transition Partnerships—multilateral funding agreements for the net-zero energy transition. This networking led to the inclusion of civil society, businesses, and local organizations to enhance equity in the plans.

Net Zero 107
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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.

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Take Five: A “Starting Point” for Sustainability Reporting 

Chris Hall

billion – to address some of the service and pollution issues – but Thames must also refinance £2 billion of index-linked debt by 2027, with some bonds maturing in October. They’ve also agreed to fund an eight-year transformation programme to the tune of £1.5

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This Week’s Tech and Tools News: NatureAlpha Joins UN Biodiversity Data Initiative

Chris Hall

A report by the firm predicts that banks, insurers, private equity and investment managers will spend as much as US$256 million on specialist software by 2027. It also expects strong growth in technology, media and telecommunications firms’ spending on carbon management software, primarily driven by net zero pledges and competitive pressures.