GreenBiz

OCTOBER 13, 2020

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 463

Net Zero Banking Paris Agreement Carbon Offsets 463

ESG Today

JANUARY 22, 2024

The organization is also involved in a lawsuit launched last year against Paris-based global bank BNP Paribas , targeting the bank’s financing for new oil and gas projects and calling for a strong climate policy, based on a similar “duty of vigilance” law in France.

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Climate Change Banking Net Zero Paris Agreement 109

3BL Media

NOVEMBER 17, 2023

The frequency of catastrophic heatwaves, flooding and droughts continues to have an increasingly deadly and devastating impact on all parts of society—including the global economy. COP28 presents an opportunity to raise our global ambition and action. The world is facing unprecedented impacts from a warming planet.

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Net Zero Paris Agreement Supply Chains Supply Chain 113

Chris Hall

JULY 8, 2022

More than 450 firms representing US$130 trillion in assets under management have joined the Glasgow Financial Alliance for Net Zero , a coalition of sector-specific initiatives from banks, asset managers, asset owners, insurers and other financial service providers. Paris Agreement alignment is a holistic process.

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Paris Agreement Net Zero Climate Change Sustainable Investment 52

Sphera

SEPTEMBER 14, 2022

To decarbonize the global economy in alignment with the goals established by the Paris Agreement, all economic actors in the real economy need to reduce their greenhouse gas (GHG) emissions sufficiently to align with required emissions pathways. multilateral development banks, export credit agencies, etc.)

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Net Zero Decarbonize Banking Paris Agreement 96

Sustainable Development Network

OCTOBER 28, 2022

gigatonnes of CO2 equivalent, less than one per cent, off projected global emissions in 2030. This lack of progress leaves the world hurtling towards a temperature rise far above the Paris Agreement goal of well below 2°C, preferably 1.5°C. NDCs submitted this year take only 0.5 C over the century.

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UNEP Net Zero Paris Agreement COP26 52

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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Net Zero Banking Paris Agreement Climate Change 421