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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. 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. Cecilia Keating.

Net Zero 456
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FABLE Consortium co-leads "Transforming food systems" chapter of the 2022 Emissions Gap Report

Sustainable Development Network

C by the end of this century Updated pledges since COP26 in Glasgow take less than one per cent off projected 2030 greenhouse gas emissions; 45 per cent is needed for limiting global warming to 1.5°C Only a root-and-branch transformation of our economies and societies can save us from accelerating climate disaster.” C in place.

UNEP 52
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Setting science-based targets to combat climate change

We Mean Business Coalition

COP26 focused the attention of governments and businesses on a key targe t: limiting global temperature rise to 1.5C by halving global emissions by 2030. At COP26, the Science Based Target initiative (SBTi) launched the Net-Zero Standard , the first credible and independent assessment of corporate net-zero target setting.

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Let the Climate Finance Flow

Chris Hall

At COP26, the Glasgow Financial Alliance for Net Zero ( GFANZ ) declared a sector-wide commitment of US$130 trillion – a number that has increased over the year to US$150 trillion – of private capital to transition the global economy to net-zero greenhouse gas emissions. There are choices,” said Cabanis.

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Two Pillars for a Sustainable Dialogue

Chris Hall

During lockdown, the global economy was disrupted so severely that it triggered a shift in mindset among business leaders to recognise the importance of ESG issues in creating a more resilient future. “ When I attended COP25 (Madrid) in 2019, there was talk of the climate crisis, but there was not a lot of urgency,” she says.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

In this context, several countries and companies have taken up the challenge, and currently, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. Offsetting is often hypocrisy, and it is swirling around at #COP26. 1 – 1.5ºC emission pathway (Source McKinsey & Co).

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Ukraine is ‘Matrix Moment’ for Climate Change

Chris Hall

In November 2021, governments came together at COP26 and made a series of commitments to tackle global warming, with 130 countries pledging to reach net zero emissions by 2050 and 190 agreeing to phase down coal power. The conflict has also had severe implications for the global economy and energy markets.