3BL Media

MAY 28, 2024

The solutions needed to abate the remaining quarter of emissions are among the most challenging to scale: biofuels in shipping and aviation; hydrogen in industry and transport; and carbon capture and storage in industry and power. This is far from achieving net zero – and breaches the Paris Agreement with a global warming result of 2.6

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Net Zero Paris Agreement Decarbonize Clean Technology 173

ESG Today

NOVEMBER 16, 2022

Earlier this year, Maersk unveiled a series of carbon reduction targets , aiming to achieve net zero gas emissions in 2040 across its entire businesses and all scopes, as well as a 50% reduction in emissions per transported container in its ocean fleet, and a 70% reduction in absolute emissions from fully controlled terminals by 2030.

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Decarbonize Shipping Net Zero Paris Agreement 105

ESG Today

NOVEMBER 16, 2023

The new targets form part of the company’s commitment, announced in October 2020 , to align its financing activities with the goals of Paris Agreement, and to help clients navigate the challenges and capitalize on the long-term economic and environmental benefits of transitioning to a low-carbon world.

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Net Zero Paris Agreement Zero Carbon Manufacturing 115

ESG Today

JANUARY 10, 2023

to the Paris Agreement on the president’s first day in office, committing the country to achieve net zero by 2050, and following up with an interim target to reduce economy-wide greenhouse gas (GHG) emission by 50-52% in 2030. The Biden administration has made climate action a key focus, beginning with the return of the U.S.

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Decarbonize Net Zero Paris Agreement Clean Technology 132

We Mean Business Coalition

OCTOBER 11, 2024

But when Figueres, the renowned Costa Rican diplomat and one of the key orchestrators of the Paris Agreement herself, came on board, via her own organization Global Optimism (“a group of stubborn climate optimists”) — we all sat up to listen. Beating the Paris Agreement’ is a huge statement to make.

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Paris Agreement Net Zero Carbon Offsets Decarbonize 52

ESG Today

MAY 16, 2023

The two combined heat and power (CHP) plants are linked to the grid, the district heating system, and have their own harbours, enabling them to act as hubs for the handling and shipping of carbon and green fuels. Carbon captured at the plants will be shipped to the Northern Lights storage reservoir in the Norwegian part of the North Sea.

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Shipping Chief Sustainability Officer Paris Agreement Climate Change 103

3BL Media

SEPTEMBER 25, 2024

or less in line with the Paris Agreement, it is essential to decarbonize our economy by 2050. We are proud to be leading the reduction of operational emissions by achieving our 2030 Sustainability Commitments , but in order to achieve global climate goals, we also need to reduce the embodied carbon in building materials and equipment.

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Embodied Carbon Decarbonize Paris Agreement Net Zero 147

ESG Today

JANUARY 7, 2025

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. The targets remain in place on the companys website.

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Net Zero Banking Paris Agreement Shipping 119

Corporate Knights

JULY 25, 2023

The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Given the persistent technical problems still facing CCS, that may not be likely.

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

ESG Today

MARCH 14, 2023

The group filed a shareholder resolution last year asking the bank to clarify its fossil fuel financing strategy, and provide disclosures outlining its plans to reduce its exposure, along with disclosures on the company’s strategy to align with the Paris Agreement goal to limit global temperature increase to 1.5°C.

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Net Zero Banking Paris Agreement Shipping 98

3BL Media

NOVEMBER 30, 2023

Trane Technologies was also one of only five North American companies recognized by InfluenceMap as a 2023 Corporate Climate Policy Engagement Leader , after meeting its criteria for positive and active climate policy engagement aligned with science-based pathways for delivering on the goals of the Paris Agreement.

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Embodied Carbon Paris Agreement Decarbonize Net Zero 147

Sustainable Development Network

JULY 30, 2021

The law sets an intermediate target of reducing GHG by at least 55% by 2030 compared to 1990 levels. The ‘Fit for 55’ package will help the region reduce its emissions and set it on a path towards achieving the Paris Agreement ambition of limiting global warming to 1.5 °C.

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COP26 Net Zero Shipping Paris Agreement 59

3BL Media

SEPTEMBER 23, 2022

This is the second in a three-part series exploring how Article 6 of the Paris Agreement can spur the clean energy transition. The goal of the JCM is to reach a cumulative GHG emission reduction of 100 million tons of CO 2 e by 2030. Through the JCM, the Thai company, SNC Former Public Company Limited, installed 3.4

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Paris Agreement Net Zero Decarbonize Climate Change 130

Envirotec Magazine

SEPTEMBER 23, 2019

Decarbonising domestic and international shipping and transport – which could cut up to 1.8 Fiji is committing to making their shipping sector 100% carbon-free by 2050. Norway is committing to halve its emissions from domestic shipping and fishing vessels by 2030. gigatonnes of CO2e annually by 2050.

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Paris Agreement Climate Change Shipping Zero Carbon 85

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?

Shipping 81

Shipping Net Zero Stranded Assets Development 81

Just Capital

APRIL 22, 2022

C goal set in the Paris Agreement. degree Science Based Target , and is informed by its goal to reach net zero emissions by 2030 across its operations and supply chains and its analysis on the carbon impact of remote work. C Science Based Target Net zero by 2030 target. The company’s climate commitment is a verified 1.5

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Net Zero Supply Chains Supply Chain Climate Change 132

3BL Media

NOVEMBER 29, 2023

Targets By 2030, achieve net-zero GHG emissions in our operations (scopes 1 and 2 and business travel) 11 and -46% GHG reduction across our value chain in line with 1.5°C To achieve this, we have set a goal to achieve net-zero emissions in our operations (scopes 1, 2 and business travel) by 2030. billion plant-based packages 18 and 11.9

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Net Zero Climate Change Supply Chains Supply Chain 147

Chris Hall

JULY 26, 2024

There is little evidence of US asset managers jumping ship – at 59 signatories, they represent the second largest contingent behind the UK. At this rate, 582 million will be chronically undernourished by 2030, meaning no progress will have been achieved since the SDGs were first established in 2015.

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Stewardship Code Paris Agreement Net Zero Climate Change 78

We Mean Business Coalition

NOVEMBER 30, 2023

The world is not currently on track to achieve the goals set out in the Paris Agreement. Targeted action by sector and region This year’s COP28 in Dubai sees the culmination of the first-ever UNFCCC Global Stocktake, which assesses progress made since the Paris Agreement. This political momentum is welcome.

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Shipping Paris Agreement Climate Change Decarbonize 59

3BL Media

SEPTEMBER 29, 2023

times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 trillion USD in fossil fuels.

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Net Zero Divestment Banking Stranded Assets 113

Envirotec Magazine

MAY 22, 2024

Although prevailing wisdom holds that time is running out, BloombergNEF’s New Energy Outlook 2024 seemingly shows how the world could still achieve the major goal of the Paris Agreement – holding global warming to well below 2°C and avoiding the worst impacts of climate change – and what it would take to get there.

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Net Zero Paris Agreement Decarbonize Clean Technology 52

Chris Hall

AUGUST 15, 2024

C target for global warming set by the Paris Agreement. If all the planned projects go ahead and steadily capture CO2 at full capacity, DAC deployment could help remove up to 3 megatonnes (Mt) of CO2 by 2030 – less than 5% of the 80 MtCO2 needed to be on track for net zero by 2050. “To million tonnes of removal per year.

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Net Zero Paris Agreement Development Shipping 64

Sustainable Development Network

JANUARY 9, 2020

Transport and Shipping: Land, Air, Water This session was moderated by Renato Mazzoncini, Adjunct Professor in the Department of Mechanics at Politecnico di Milano who highlighted that decarbonization of the transportation sector is dependent upon new technologies, specifically around batteries and alternative fuels.

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Net Zero Decarbonize Paris Agreement Shipping 52

Chris Hall

MARCH 16, 2023

Likewise, the Global Biodiversity Framework deal reached at the Convention on Biodiversity’s COP15 in Montreal in December 2022 to protect at least% of the earth’s land and sea by 2030, can only be meaningfully achieved if the high seas are included in this effort.

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Banking Paris Agreement Shipping Sustainable Investment 52

We Mean Business Coalition

JUNE 27, 2022

Science-based emission reduction targets aligned with the Paris Agreement gave us, and thousands of other companies, a useful framework to understand how and where we need to reduce emissions. Give us specific milestones for the transformation of our economic systems in line with halving global emissions by 2030.

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Supply Chains Supply Chain Decarbonize Paris Agreement 52

Chris Hall

DECEMBER 20, 2023

Ahead of the conference, the data had been collected and analysed, with assessments delivered on the effectiveness of actions taken to date, primarily in the form of signatories’ nationally determined contributions (NDCs) to the Paris Agreement. The official verdict was clear. C of climate change by 2100.

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Net Zero Paris Agreement UNEP Development 84

Chris Hall

NOVEMBER 9, 2022

Today, designated Finance Day at COP27, the UN-Convened Net Zero Banking Alliance (NZBA) published its first progress report , detailing the 2030 decarbonisation targets for more than half its 122 members. The CDSC also issued an RFP for the construction of the platform and said it would be live in pilot mode by COP28 in Dubai. .

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Net Zero Banking Paris Agreement Climate Change 52

Chris Hall

JULY 6, 2022

A brief statement committed the world’s leading democratic economies to forming a ‘climate club’, to “support the effective implementation of the Paris Agreement by accelerating climate action and increasing ambition”. Membership is open to all countries committed to the full implementation of the Paris Agreement. “We

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Paris Agreement Net Zero COP26 Development 52

Sustainable Development Network

DECEMBER 14, 2021

The resulting report—available in both English and Spanish—provides a set of recommendations for Paraguay to reduce its greenhouse gas emissions and meet its commitments made under the Paris Agreement.

Decarbonize 52

Decarbonize Paris Agreement Development Banking 52

B the Change

FEBRUARY 25, 2023

The idea of net zero gained attention at the 2015 Paris Agreement on climate, with the goal for global emissions to reach net zero by 2050. For example, the Science-Based Targets Initiative (SBTi) has a net-zero standard that requires companies to make deep commitments in the near term, typically cutting GHGs by around 50% by 2030.

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Net Zero Climate Change Supply Chains Supply Chain 52

Chris Hall

JUNE 17, 2022

The Italian government is actively seeking to expand renewable energy production, with the share of green energy within total energy consumption on track to increase from 20% in 2020 to 30% in 2030. KGAL’s combined 1.2 GW projects could supply as many as 600,000 homes with green electricity.

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Net Zero Shipping Impact Investing Sustainable Investment 40

Chris Hall

APRIL 12, 2022

According to analysts Circle Economy, adding circular economy solutions to countries’ Nationally Determined Contributions (NDCs) to the Paris Agreement will enable global temperature rises to be kept “well below” 2?C. billion cubic metres of gas and 149 million barrels of oil per year by 2030.

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Waste Regenerative Net Zero Development 52

ESG Today

DECEMBER 9, 2023

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Signs One of the Largest-Ever Nature-Based Deals to Remove 1.5

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Shipping Chief Sustainability Officer Paris Agreement Green Bonds 128

Corporate Knights

MARCH 20, 2023

In energy supply, solar and wind deliver by far the highest net emission reductions through 2030 at the lowest cost. Its only reference to nuclear electricity is in the chart showing its low emission reduction potential and high cost through 2030. Carbon capture and storage (CCS) delivers one-tenth the benefit at far higher cost.

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Climate Change Decarbonize Stranded Assets Paris Agreement 287

We Mean Business Coalition

NOVEMBER 12, 2021

C and implement the Paris Agreement and will be welcomed by the business community. Over 750 companies from across the world are urging governments to phase out coal-fired power generation by 2030 for developed countries and by 2040 for other countries. The Pact and recent pledges keep 1.5°C C alive, just.

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COP26 Net Zero Paris Agreement Development 88

Sustainable Development Network

NOVEMBER 15, 2021

The five day online event brought together 74 global technical experts and world-leading scientists, engineers, and innovators from business, academia, and civil society to share knowledge and showcase solutions to maximize climate commitments in the wake of the Paris Agreement. Wolfgang Blau, Reuters Institute DAY 2: FINANCE 2A.

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Net Zero Paris Agreement Climate Change Decarbonize 52

Foley & Hoag

JANUARY 28, 2022

Mapping exercises must incorporate all tiers of production, including agriculture and farming inputs, producing raw materials, factory manufacturing, and shipping. Companies would have twelve months to map out a minimum of 50% of their supply chain by volume. Supply Chain Liability Disclosure and Reduction Targets .

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Supply Chains Supply Chain Paris Agreement Manufacturing 40