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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. Tue, 10/13/2020 - 00:46.

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Seven ways to inform better decisions with TCFD reporting

GreenBiz

Purchasing manager: Minimizing supply chain disruption by identifying suppliers vulnerable to physical risks. A global beverage company wanted to quantify its carbon footprint for its own operations and global supply chain. Risk officer: Assessing exposure to climate-linked credit risk .

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Burberry Steps Out With New £300m Sustainability Loan

3BL Media

The Revolving Credit Facility (RCF) was refinanced by Lloyds Bank to support the luxury fashion brand into accelerating emissions reductions by 46 per cent across its extended supply chain (Scope 3) by 2030. pathway laid out in the Paris Agreement.

Net Zero 130
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Flagship Initiative Tracks Nature Opportunities

Chris Hall

Stewardship, emerging markets and supply chains will be key areas of focus within Greening Finance for Nature. In December last year, the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) published recommendations for developing scenarios assessing nature-related economic and financial risks.

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Tackling Scope 3 emissions: the key to keeping 1.5°C alive

Envirotec Magazine

This is especially fitting as the conference is taking place seven years after the signing of the Paris Agreement – a legally binding international treaty that commits countries to limiting global warming to below 2 (and preferably below 1.5) degrees Celsius. alive’ is to tackle their scope 3 – or indirect – emissions.

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Why Financial Institutions Are Waking up to Nature

Chris Hall

Research shows that directing finance towards nature-related themes and nature-based solutions could provide around a third of the climate mitigation needed to reach the goals set out in the Paris Agreement. This is a collaboration between three Brazilian banks, Bradesco, Itaú Unibanco, and Santander Brasil.

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At COP28, Influential Investors, Companies, and Policymakers To Call for Greater Global Ambition and Accelerated Action To Limit Temperature Rise and Achieve a Net Zero Economy

3BL Media

These disasters impact supply chains, products, and the services on which consumers rely, and the impacts will only increase without dramatic action. Recent sobering reports show that the world is not on track to meet the goals of the Paris Agreement and highlight the steps needed to keep the goals in reach.

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