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NASA has predicted that factors including temperature stress from climate change could lead to a 24% decline in global maize crops as soon as 2030, which the study’s author says “could have severe implications worldwide.” Above certain thresholds, plant productivity declines precipitously, she says.
The ocean is our planet’s life support system – it regulates the climate, produces over half of the oxygen we breathe, powers the globaleconomy, and as the world’s largest ecosystem, it sustains an incredible wealth of biodiversity.” Explore how DP World is shaping a more sustainable globaleconomy.
While publicly traded companies often dominate the headlines, private companies are a much larger part of the globaleconomy. A new project to transport wind energy to the Ruhr region will make an important contribution to the security of supply in Germany and Europe in the future as early as 2030, Amprion CTO Hendrik Neumann says.
I am firmly convinced that climate protection can be achieved using economic means available in today’s globaleconomy. What makes our current approach significantly more ambitious than our previous goals is that, in addition to our short-term targets oriented toward 2030, we are now also pursuing a long-term target.
But there’s a growing sense that, at this moment, co-ops could and should be playing a much more active role in the globaleconomy. Decentralized technologies like wind and solar photovoltaic power are ideal vehicles for community ownership, allowing citizens to literally buy in to clean energy production.
WRAP warns that food loss and waste have devastating impacts on society and globaleconomies too. The World Economic Forum estimates that food loss and waste costs the globaleconomy $936 billion a year, while more than 783 million people go hungry and a third of humanity faces food insecurity.
Morgan Stanley revealed the introduction of a new range-based approach to its financed emissions reduction targets, introducing a new lower band to reflect the fact that the globaleconomy and policy is not currently on track to with the ambition to limit the global temperature increase to 1.5°C C above preindustrial levels.”
Among the key requirements set out for financial institutions to achieve goals aligned with the new standard is the publication of a “fossil fuel transparency policy,” requiring an immediate end to project financing for new fossil fuel projects, and to end financing for oil and gas companies involved in fossil fuel expansion activities by 2030.
In its deep dive into the worlds most sustainable private- and public-sector companies, Corporate Knights revealed an undeniable fact: public-sector companies are doing essential work when it comes to moving the needle toward a greener globaleconomy. PostNord has taken steps to make its fleet emissions-free by 2030.
10 These ecosystems are worth US$ 375 billion per year to the globaleconomy, from industries and services including fishing, food, pharmaceuticals and tourism. 14 It means that investment in blue ecosystems is underrepresented, despite the critical role they have in climate mitigation and their importance to the globaleconomy.
“Over the last two decades working in sustainable finance, I’ve seen first-hand that successfully integrating sustainability and climate change considerations into decision-making processes is critical if investors, banks and companies are to fully understand risks and opportunities in a rapidly evolving globaleconomy,” said Mattison.
As developments continue to unfold, it’s clear: California is not backing down on the climate disclosure laws, and companies seeking to remain competitive in the globaleconomy are increasingly expected to provide transparency into climate strategy and metrics. Scope 3 Emissions: Reporting starts in 2027 for FY 2026 data.
The announcement by UBS marks the latest in a series of moves by banks globally to withdraw or pull back on climate commitments, although UBS changes appear less drastic than those by some of its peers. In the report, UBS said that its assets under management with a net zero ambition reached $64.4 billion, or 3.6% billion and 2.9%
This is why establishing the Transition Finance Council is so important.” The TFMR report noted that decarbonising the globaleconomy will require an estimated annual investment of US$3.5 “Yet this is how it is currently being done, as transition finance doesn’t yet sit in its own vertical product or silo. trillion to US$9.2
Indeed, McKinsey Global Institute research projects that if advanced economies can regain their pre-2008 productivity growth rates, GDP per capita could increase by $1,500 to $8,000 by 2030. Who can recharge companiesâ productivity growth?
The prospects for resolving any of these global issues already dim seem to have gotten even dimmer as the year has progressed, raising doubts about whether solutions will be found in time. Automation is set to displace around 400 million workers by 2030 , a number that could grow to as much as 800 million under some projections.
UBS’ exit from the NZBA follows a reset by the bank earlier this year of its key climate goals, including pushing back its target to achieve net zero greenhouse gas (GHG) emissions in its operations by 10 years to 2035, and withdrawing a target for its Asset Management division to align 20% of its assets under management (AUM) with net zero by 2030, (..)
Corporate Knights data shows that for the large companies that make up 80% of global market capitalization, sustainable revenues and capital expenditures are growing more than twice as fast as everything else over the past five years. While the die is cast on the direction of travel of our globaleconomy, we can speed it up.
If the market can expand at the pace seen in the older green bond sector, it would hit $14bn in annual issuance by 2030, they add, but even that would provide less than a 10th of the estimated funding needed to meet the UN’s 14th sustainable development goal of safeguarding the health of seas and oceans.
That left its collective emissions 37% lower than 1990 levels, all while the economy grew nearly 70% bigger. The EU remains on track to cut emissions 55% below where they were in 1990 by 2030. The vast majority of major economies of the world remain deadly serious about decarbonization. We need to keep pace.
The group has an ambitious methane reduction target of minus 30 per cent by 2030. Danone, with dairy at its core, is taking a dual approach: cutting methane from livestock while rapidly growing its plant-based portfolio. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
8, 2025 While the Trump administration is setting back international climate action through policies such as the “ one big beautiful bill ”, some analysts have argued that his tariffs would inadvertently cut carbon by throwing sand into the engine of the globaleconomy.
Meanwhile, all of the UN’s 17 Sustainable Development Goals for the world, set to be achieved by 2030, are off track. FfD4 also demonstrated how much global development finance has changed in the decade since the last conference in Addis Ababa, Ethiopia. Nearly half of African nations spend more on debt servicing than on health.
The circularity of products is playing an increasingly important role in the economy. The chemical company Chemours has also taken this into account in EVOLVE 2030 2.0: To achieve this goal, Chemours developed the EVOLVE 2030 methodology in 2019. How does EVOLVE 2030 work?
Governments already have spent $12 trillion to $13 trillion just to stabilize globaleconomies ravaged by COVID-19. Many of these same governments are devising ways to reconstruct globaleconomies by spending back better, addressing climate change and inequality along the way. Spend back better. To stay below a 1.5
The company is still committed to being net-zero by 2050, but observers say it’s a lot harder to see a pathway to reach such a goal without a stronger target for 2030. Follow This plans to introduce a resolution at BP’s annual general meeting in May calling for the company to align its 2030 targets with the Paris Agreement.
Transitioning the globaleconomy to net-zero emissions may be the most Herculean task modern society has faced. To sustain a healthy society, strong economy and dignified life on earth, there is no other viable option.
As a global technology company supporting the vast majority of the world’s business, SAP needs to lead from the front with our ambitions and actions. That is why SAP has committed to achieve net-zero emissions across our value chain by 2030. 2030 is not far away. 2030 is not far away.
Originally published in International Paper's 2023 Sustainability Report Celebrating a decade with our company, Sophie Beckham is vice president and chief sustainability officer at International Paper, where she works across the enterprise to advance sustainability strategy development and the company’s Vision 2030 goal implementation.
Photo: CARE Peru Data from the Gates Foundation suggests that investing in the economic power of women like Fariha could boost the globaleconomy by as much as $10 trillion by 2030 – twice the GDP of Japan, the world’s third largest economy. Elizabeth Vargas Vilca and her staff at her shoe manufacturing business.
Seasoned observers fear that growing calls for a bolder and more ambitious global policy framework are continuing to founder on the rocks of vested interests and short-term cost concerns. .
announced the launch of its new Sustainable Investments 2030 Strategy, aimed at accelerating its transition to a net zero emissions portfolio, and including a new pledge to invest $100 billion in climate solutions by 2030.
Automotive technology company Lear Corporation announced a new 2030 commitment to reach 100% renewable energy for electric power consumed at its global sites. RE100 members commit to sourcing 100% of the electricity used across their global operations with electricity from renewable sources.
HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. They care as citizens, consumers and business owners.
The globaleconomy is shifting toward high-skilled industries that demand green and digital skills, making the skill mismatch even bigger. Our education sweet spot is about dedicating SAP’s core competencies while improving our contribution toward achieving the United Nations Sustainable Development Goals (UN SDGs) by 2030.
The sponge iron capacity that LKAB could build out corresponds to half a million large fuel cell vehicles, a significant step towards the "hydrogen economy" envisioned by the European Commission. The production of the hydrogen could require as much as 10 GW worth of electrolyzer capacity, a quarter of the total EU target for 2030.
Change is hard, and we’re talking about massive changes, really reinventing and rebuilding our globaleconomy over the coming decades,” said Makower. “We Scopes 1 & 2 ), by 2030, from a 2019 baseline. Achieving a 30% reduction in our value chain ( Scope 3 ) GHG emissions by 2030, from a 2019 baseline.
Global governments have agreed to new goals aimed at ending biodiversity loss this decade, protect natural ecosystems and ramp biodiversity-related financing to developing nations, with the adoption today of the Kunming-Montreal Global Biodiversity Framework at the COP15 UN Biodiversity Conference in Montreal, Canada.
The Global Investor Commission on Mining 2030 has used the recent annual Mining Indaba conference to sound out feedback beyond investors and companies for its upcoming workplans for seven objectives. Launched in 2022, Mining 2030 is backed by investors representing US$15 trillion in assets under management.
The global food system is responsible for approximately one third of global emissions and the Intergovernmental Panel on Climate Change recently outlined how global temperature rise stands to negatively affect the globaleconomy, food security and both human and planetary health. by the end of the decade.
Members of the NZBA commit to transitioning operational and attributable greenhouse gas (GHG) emissions from their financing activities to align with net zero pathways by 2050, and to set 2030 financed emissions targets, initially focused on key emissions intensive sectors.
Turning the economy we have into the just and inclusive economy we want. Editor’s note: This article is the third in a series about the Ceres Roadmap 2030, a vision for sustainable business leadership in this crucial decade. Anthony Toppi. Wed, 03/10/2021 - 00:45. A new 10-year action plan released last year could help.
The logistics industry is expanding rapidly, with the World Economic Forum projecting that the global logistics industry will surpass $18 trillion by 2030 , underscoring its critical role in global trade. Read the full article here: Building Tomorrows Logistics Workforce: Bold Strategies for a Global Challenge .
Ninety One’s Global Environment strategy is a high conviction, concentrated global equity portfolio that provides exposure to the multi-decade structural growth opportunity from decarbonization, by investing in the equities of companies expected to contribute to the transition to a lower-carbon globaleconomy.
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