Corporate Knights

AUGUST 4, 2022

As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios. . trillion in assets, came last at 4% net-zero assets under management.

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GreenBiz

MARCH 26, 2021

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Corporate Knights

MARCH 24, 2022

In the pursuit of its net-zero 2050 goal, Canada needs a rigorous strategy to require banks and other key financial system players, including Crown corporations, to fully align their operations with the country’s international climate commitments. And any delay means risk and means losing money.”.

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Corporate Knights

MAY 2, 2022

Duncan Kenyon is the director of corporate engagement with Investors for Paris Compliance (I4PC), with over 20 years of environmental, business and climate-change leadership experience. . The good news is that most of Canada’s big oil companies have pledged to achieve net-zero emissions by 2050.

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3BL Media

DECEMBER 3, 2024

Meta is pledging to contract at least $35 million for carbon removal projects in the coming year as part of our goal to achieve net zero emissions across our value chain in 2030. Reducing our GHG emissions across our global operations and value chain remains the most effective strategy to reach net zero.

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Corporate Knights

DECEMBER 6, 2023

Still, producers want the federal government to include exported LNG as part of its climate change strategy, including policies for preferential financing. Ottawa is currently developing a transition taxonomy – essentially a guideline as to which types of investments are appropriate in the transition to a net-zero economy.

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ESG Today

MAY 8, 2025

Indias Ministry of Finance announced the release of a draft framework for its Climate Finance Taxonomy, its classification system for identifying sustainable economic activities aligned with its climate goals, aimed at enabling the facilitation of major capital flows required to support the net zero transition, while preventing greenwashing.

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3BL Media

MARCH 25, 2022

DESCRIPTION: At Qualcomm, we believe we can help address the environmental, social, and economic impacts of climate change by working together across all sectors of society. What does it mean to achieve net-zero? Why did Qualcomm decide to commit to net-zero? Why 2040 vs 2050? Why set interim goals?

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Corporate Knights

JANUARY 21, 2022

Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. “We Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

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Chris Hall

NOVEMBER 1, 2024

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. In May, the court found the government’s inadequate climate strategy to be unlawful for the second time. Lord Deben was a principal witness for the prosecution.

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Corporate Knights

APRIL 20, 2022

It also helps greatly that the country’s climate policies are underpinned by the world’s first climate change law, introduced in 2008, and a Climate Change Committee (CCC) that holds the government to account on its targets and progress in reducing greenhouse gas emissions. Others are calling for the U.K.

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Net Zero Climate Change Decarbonize Waste 246

3BL Media

JULY 27, 2022

Reset Connect is the UK’s largest sustainability ecosystem and green investment event which aims to help businesses understand how to strive to meet net zero targets and improve ESG results, as well as unearth any potential green investment opportunities. Carbon Trust also attended Reset Connect to showcase its services.

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Corporate Knights

SEPTEMBER 26, 2024

Over the last decade and a half, a standard form has emerged in which governments and corporations have made their promise to do so: the net-zero target. As a strategy, the net-zero target has been criticized by climate advocates; at its worst, it can be a vague, unenforceable greenwashing program. In the U.S.,

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ESG Today

JANUARY 7, 2025

Snacking, food, and pet care products provider Mars announced that it aims to achieve a physically segregated global cocoa supply chain by 2030, building on its existing commitment to only use responsibly sourced cocoa in its products by creating greater transparency in its cocoa supply chain.

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Corporate Knights

NOVEMBER 26, 2024

The International Emissions Trading Association estimates that the carbon market could reach US$250 billion a year by 2030. group advocating market-based solutions to climate change, cautiously praised the deal. The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace. “We

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Corporate Knights

NOVEMBER 11, 2024

Whoever invented the notion of herding cats never imagined the frustrations of guiding 190 nations along the complex path to net-zero. He has learned not just to argue for change, but to paint vivid pictures of the costly dangers we now face – and the safer, more just world we could build for a fraction of that cost.

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Paris Agreement Climate Change Net Zero Development 162

3BL Media

DECEMBER 5, 2023

The world is watching as tens of thousands of leaders gather for the 28 th UN Climate Change Conference ( COP28 ) at Expo City in Dubai, UAE, from November 30 to December 12. Above all, it represents a critical self-assessment, examining what actions are required to bridge the gap by 2030. degrees Celsius.

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3BL Media

MAY 16, 2024

KPMG published the Net Zero Readiness Index in 2021, 1 a few weeks before the COP26 UN climate change conference in Glasgow. The event resulted in 153 countries putting forward new emissions targets for 2030 and more than 90 percent of world economic output and global emissions being covered by net zero agreements.

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3BL Media

MARCH 7, 2022

The award addresses how Essity successfully has worked with its suppliers in the fight against climate change. Essity’s target is to achieve net zero emissions of greenhouse gases by 2050 and we can only achieve this if we work together with our suppliers,” says Jessica Nordlinder, Vice President Global Procurement, Essity.

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B the Change

MAY 27, 2025

For example, companies representing more than 90% of global GDP have already committed to some form of net zero target ( net zero is a state where any new greenhouse gas emissions are balanced by removals). In many cases, however, companies aren’t yet acting on their net zero goals. This is a problem.

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GreenBiz

APRIL 22, 2021

Apple creates $200 million fund for nature-based climate solutions. Nature-based solutions to climate change are having a moment, and Apple is riding the trend with a $200 million fund dedicated to related investments. . What started as a $10 million investment became the $100 million Right Now Climate Fund. Jesse Klein.

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Corporate Knights

AUGUST 10, 2022

Canada is already seeing the effects of climate change, and the insurance industry is paying close attention. As extreme weather events become stronger and more frequent, the Insurance Institute predicts that average annual severe weather claims paid by insurers in Canada will more than double between 2020 and 2030, increasing from $2.1

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Envirotec Magazine

OCTOBER 24, 2024

Environmental campaigner and new Labour MP Polly Billington has warned that a lack of political consensus around tackling climate change could put the new government’s target of reaching net zero power by 2030 under threat. Polly Billington speaking at the event, which took place in Islington on 22-23 October.

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GreenBiz

DECEMBER 7, 2020

Behind climate change, the biggest threat to the Great Barrier Reef is poor water quality. Behind climate change, the biggest threat to the Great Barrier Reef is poor water quality. HSBC’s climate commitments include investing at least $750 billion in sustainable financing over the next 10 years. HSBC paid $36.40

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Net Zero Climate Change Paris Agreement Supply Chains 467

3BL Media

SEPTEMBER 25, 2024

Climate change is both an urgent issue needing immediate action and a topic that requires long-term planning for positive transformation. Aligned with the work we will do to reach net zero, one of the key pillars in our strategy is accelerating the transition to clean energy.

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GreenBiz

OCTOBER 20, 2020

IMO member states are meeting this week for critical talks to discuss how the carbon-intensive shipping industry can be regulated to meet its 2030 climate target of reducing its carbon emissions intensity by 40 percent compared to 2008 levels.

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GreenBiz

SEPTEMBER 2, 2020

Despite this pressure, there is precious little guidance or best practices to guide a company who is just approaching this work for the first time, or those struggling to convince the C suite that carbon reduction goals are now just table stakes en route to a net zero science based target.

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Corporate Knights

SEPTEMBER 16, 2022

In a report released the same day, the three advocacy groups recommend that Ottawa ’ s banking regulator require financial institutions to adopt a “ credible climate plan ” that would include interim targets for 2025 and 2030. . Treasury Department. . Senator Rosa Galvez is also critical of the regulator ’ s approach.

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GreenBiz

SEPTEMBER 29, 2020

The climate crisis needs climate leadership from businesses now. As the world grapples with the effects of the COVID-19 pandemic, racial inequality and more, the impacts of climate change cannot be ignored. They’re a reminder that climate action cannot wait for calmer times. . Climate Change.

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3BL Media

APRIL 22, 2025

The International Energy Agency (IEA) predicts that global demand for fossil fuels will peak before 2030 , driven by rapid growth in renewables, the rise of electric vehicles, and improving energy efficiency. Combatting climate change Reducing carbon emissions is at the core of energy transition efforts.

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3BL Media

SEPTEMBER 26, 2024

Starting in 2024, SAP is doubling down on its net-zero strategy by expanding its commitment to nature conservation and making financial contributions to climate projects. Net zero is a state where the greenhouse gases going into the atmosphere are balanced by removal out of the atmosphere.

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3BL Media

MAY 10, 2022

The report, The Changing Climate for Credit Unions , finds that more than 60% of all credit unions—and at least $1.2 trillion in credit union assets—are at physical risk from climate change. The report argues that it is incredibly risky for credit unions to ignore the climate threats with 60% of U.S.

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Corporate Knights

OCTOBER 21, 2024

Canada’s federal government is preparing to announce climate targets for 2035 as it faces both demands for more ambitious emission-reduction policies and major backlash against the measures it has already announced. Under the Paris climate agreement, countries are expected to ratchet up their targets every five years.

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3BL Media

SEPTEMBER 11, 2024

Originally published on Essity Newsroom Hygiene and health company Essity’s targets to reach net zero greenhouse gas emissions by 2050 have been validated by Science Based Targets initiative (SBTi). Essity’s long-term target is to achieve net zero emissions across the value chain no later than 2050.

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3BL Media

MARCH 4, 2024

On January 19, 2023 Lenovo announced its commitment to reach net-zero emissions by 2050, in alignment to the Science Based Targets initiative’s Net-Zero Standard. One year later, Lenovo is on-track to meet its near-term 2030 emissions reduction goals, the first milestone in the journey to net-zero.

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Corporate Knights

DECEMBER 19, 2022

London-based HSBC Holdings says it will cease financing for the development of new oil and gas fields in order to tackle climate change while carving out its Canadian unit from the policy change.

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ESG Today

NOVEMBER 12, 2024

The initial case by Friends of the Earth Netherlands argued that Shell was in breach of its legal duty of care due to its impact on climate change, and that the company was undermining the ambitions of the Paris Agreement to limit average temperature rise to well below 2˚C, and to pursue efforts to limit to 1.5˚C.

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