3BL Media

MARCH 3, 2022

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climate positive target last June, which will place the company ten years ahead of the 1.5C pathway laid out in the Paris Agreement.

Net Zero 130

Net Zero Banking Climate Positive Supply Chains 130

Chris Hall

JANUARY 3, 2024

COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. Remco Fischer, Head of Climate Change at the UN Environment Programme Finance Initiative, sees less risk for investors taking bets on a 1.5°C C has not lessened; if anything, it has increased,” he says.

Net Zero 72

Net Zero Paris Agreement Stranded Assets Climate Change 72

Chris Hall

MARCH 10, 2022

UK pension schemes will be required to demonstrate alignment with the Paris Agreement from October, but will also be given greater flexibility to make climate-positive investments as well as new stewardship guidance, Work and Pensions Secretary Therese Coffey confirmed today. “We Paris alignment.

Net Zero 52

Net Zero Paris Agreement Stewardship Code Climate Change 52

Chris Hall

JANUARY 25, 2022

A key factor in meeting demand for climate-positive investment could be the growth of climate-aligned bonds. According to the International Energy Agency, US$4 trillion of clean energy investment will be needed annually by 2030. ESG bond issuance reached US$1 trillion in 2021 for the first time according to Refinitiv.

Green Bonds 52

Green Bonds Net Zero Paris Agreement Banking 52

GreenBiz

JANUARY 11, 2021

More broadly, the company is moving toward a "climate positive" value chain by 2040, embracing science-based targets. Mason, who was raised in Queens, is one of the few senior Black executives in banking, at Citi since 2001 in a slate of leadership roles including CEO of Citi Private Bank. billion U.S.

Supply Chains 518

Supply Chains Supply Chain Waste Net Zero 518