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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. LKAB is also setting itself up as a single company to grow its DRI capacity by 30% per year over 20 years.

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Climate policy survives the EU election – for now

Corporate Knights

If the far-right National Rally (RN) wins the domestic elections scheduled for June 30 and July 7, it would claim the post of prime minister, while Macron would continue as president until 2027. She did promise not to take France out of the Paris Agreement, at least.

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Euronext to Require Science-Based Emissions Reduction Targets from Suppliers

ESG Today

By 2027, its suppliers, which represent 67% of Euronext’s GHG emissions derived from purchased goods and services, will also have to set targets on their Scope 1 and 2 emissions. C compared to pre-industrial levels, as set out in the Paris Agreement. from a 2019 baseline.

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Shell’s Empty Transition Promise

Chris Hall

They called for the company to align its medium-term Scope 1 to 3 decarbonisation targets with the Paris Agreement and take more ownership of its Scope 3 emissions. “Shell’s updated strategy has moved the company even further away from Paris Alignment,” says Van Baal. The ball is now in the investors’ court. “But

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EU Parliament Adopts Environmental, Human Rights Sustainability Due Diligence Law

ESG Today

The law also requires companies to adopt transition plans to align their businesses with the Paris Agreement goal with limiting global warming to 1.5°C, billion in 2027 followed by companies with more than 3,000 employees and €900 million revenues in 2028, and for all other companies in the scope of the law in 2029.

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Take Five: Is Your Cup Half-full or Half-empty?

Chris Hall

Confirmation of a January 2027 start for a UK Carbon Border Adjustment Mechanism was welcomed as providing certainty to investors over its scope. But overall, the first Labour budget for 15 years was far from an exemplar of the joined-up approach advocated by former Climate Change Committee chair Lord Deben , with the £3.4

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Take Five: Bigger, Better, Bolder

Chris Hall

The UK, it’s worth noting, recently confirmed its CBAM plans for 2027. Given climate risk scenario analysis is widely considered to underplay the impacts of failing to meet the objectives of the Paris Agreement, a logical next step for the ESAs and the ECB would seem to be new research focused on 2050.

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