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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.

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Inspiring Inclusion in the Way We Do Business

3BL Media

Women’s History Month and International Women’s Day, we recognize the impact women-owned businesses make on the global economy. According to the World Bank, one in three businesses globally have women among their principal owners, and in the U.S., women-owned businesses have grown 114% in the last two decades.

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3 things you should blame for energy price surges instead of climate policies

Corporate Knights

The global economy was expected to grow by almost 6% in 2021, as wealthy countries vaccinated their populations and emerged from lockdowns. It’s the economic rebound, stupid.

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This Week’s Tech and Tools News: MSCI Offers ESG Reporting Solution for Banks

Chris Hall

Data, analytics and research services provider MSCI has developed a new solution to support banks looking to align with the European Banking Authority’s (EBA) ESG Pillar 3 prudential framework for measuring and reporting on ESG and climate-related risks.

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Canada Announces Over $80 Billion Clean Tech & Energy Investments to Compete with U.S. Inflation Reduction Act

ESG Today

Canada unveiled its response to the emerging global race to scale up green energy and clean tech manufacturing capacity, with proposals for over $60 billion in tax credits and an additional $20 billion in sustainable infrastructure investments in its 2023 budget, presented by Deputy Prime Minister and Minister of Finance, Chrystia Freeland.

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11 young professionals on the future of sustainable finance

GreenBiz

Finance professionals make up a fraction of the global population but are positioned to make and incentivize decisions that can shape the trajectory of the global economy," observed Ogechukwu Anyene, energy consulting manager at PowerAdvocate, who was part of the Emerging Leaders cohort at GreenBiz Group’s inaugural GreenFin event.

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Guest Post: Climate Risks To Financial Performance Are Hugely Under-estimated

ESG Today

Companies face a growing array of climate risks more immediate and severe than previously believed, from extreme weather events disrupting supply chains to rising climate litigation and regulations against carbon-intensive industries. For many, it’s simply because they don’t understand it.