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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Recent months have seen major moves on climate action by some of the world’s largest private banks, including JPMorgan Chase, HSBC and Morgan Stanley. Looking across their investments in different sectors and regions, more banks are considering how to reduce the carbon intensity of entire portfolios over time.

Net Zero 427
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This Week’s Tech and Tools News: 2DII’s PACTA to be Stewarded by RMI

Chris Hall

The 2 ° Investing Initiative (2DII), an independent non-profit think tank, has transferred the stewardship of its Paris Agreement Capital Transition Assessment (PACTA) to US-based sustainability non-profit RMI. The game is intended to be a capacity building tool for financial institutions, supervisors and central banks.

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Both Hands on the Wheel

Chris Hall

The accelerated pace towards standard-setting for corporate sustainability reporting is a result in both the urgency of sustainability challenges and in particular in a huge change in investor opinion in favour of making it happen. Table: Comparison of climate disclosures in the EU and international reporting standards.