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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.

Net Zero 402
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How to fix the broken carbon-offset system

Corporate Knights

In March, Jim Hourdequin, the CEO of Lyme Timber – one of the world’s largest suppliers of carbon offsets to companies like Chevron – admitted that lax standards have allowed his forestry company to earn US$53 million over the past two years without making significant changes to business as usual.

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AB: Are Carbon Offsets the Next ESG Investing Frontier?

3BL Media

Carbon offsets occupy a relatively small space on the spectrum of environmental, social and governance (ESG) issues. But as more countries and companies commit to net-zero carbon emissions goals, they’re steadily gaining attention from investors as a tool to accelerate carbon reductions.

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Analyzing Carbon Offset Markets’ role in our journey to a net-zero world

Carlos Sanchez

Carbon offset markets have always been complex and controversial instruments to fight climate change. Reading this article, you will better understand the carbon offsets market, carbon offsets controversy and the key initiatives to follow. Carbon Offsets Markets size. Introduction.

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Companies Who Communicate Breakthrough When Facing Greenwashing Scrutiny

3BL Media

DESCRIPTION: Last week, Porter Novelli asked if COP26 was a cop-out and provided key takeaways for the business community. This week we’re diving into the scrutiny (earned or not) brands face when they make net-zero promises. SOURCE: Porter Novelli.

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New Rulebook for Company Carbon Market Claims Launched by VCMI

ESG Today

According to the VCMI, the new code aims to help build market confidence for companies’ engagement with voluntary carbon markets (VCMs), in order to accelerate corporate VCM use as part of their net zero pathways. Clear and transparent guidance about the voluntary use of carbon credits has been missing.

Net Zero 124
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Net Zero Plans Must Face Forensic Scrutiny

Chris Hall

The use of carbon jargon to camouflage flimsy net zero plans will come to an end, exposing bad players, warns Gary Smith, Partner at Haven Green Capital Partners. Everyone and anyone can announce that they have a plan to achieve net zero carbon emissions in 2050. It is like the ‘Wild West’ out there.