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

GreenBiz

It also said it would work with the broader finance sector to create a standard to measure financed emissions and support a functioning carbon offset market.

Net Zero 470
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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

They also will need new business models that support CO 2 reductions, such as the Cooperative Approaches defined at the 2021 United Nations Climate Change Conference (COP26) in Article 6, paragraph 2 of the Paris Agreement. Ensure carbon market compliance and maximize the potential to lower emission reduction costs.

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3 Guiding Pillars for Companies Looking to Create an Effective Climate Transition Plan

3BL Media

At last year’s COP26 climate conference, the U.K. The board committee responsible for ESG and climate oversight should ensure top-down compliance with climate transition milestones to meet decarbonization targets.

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4 ESG trends to watch in 2022

Carlos Sanchez

Finally, we had the Conference of the parties COP26, where countries and businesses increased their climate ambition. Among several requirements, companies will need to reach deep decarbonization of 90-95% before 2050. Besides, companies will have to limit the carbon offsetting to a max of 10% of the firm’s emissions.

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What Net-Zero companies are and How to start the journey

Carlos Sanchez

Besides, companies can contribute to fighting climate change by developing low-carbon products, services and low-carbon technologies that reduce their customers’ carbon emissions. Besides, companies can finance carbon sequestration projects outside its value chain. Using Carbon Offsets in net-zero targets.

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Carbon markets could help the planet, but only if Indigenous land rights are recognized

Corporate Knights

Carbon markets are trading systems through which countries, businesses, individuals or other entities buy or sell units of greenhouse gas emissions. These markets facilitate carbon offsetting — compensating for carbon dioxide emissions in one location by reducing or removing emissions elsewhere. Communities at risk.

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Guest Post: Why Biodiversity Risk is a Business Risk

ESG Today

And of course, during COP26 we saw more than 100 countries and 30 global financial institutions sign on to a commitment to stop forest loss and land degradation by 2030. As a business, you’ll soon be expected to disclose how you’re tackling biodiversity challenges alongside your decarbonization efforts.