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JetBlue Announces Science-Based Emissions Reduction Target and Strategy To Achieve Net Zero by 2040

3BL Media

SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. Refreshed Carbon Offsetting Strategy. SOURCE: JetBlue Airways.

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All Systems go for Net Zero

Chris Hall

Now they must wait to see how signatories to the Paris Agreement act on the commitments outlined in the official response to the Global Stocktake, as well as multiple other pledges announced across the two weeks before that final text was signed, sealed and gavelled. C at best.

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Passive Portfolios Integral to Pension Funds’ Climate Strategies

Chris Hall

The majority of global pension funds are in the process of integrating climate goals into their portfolios, with many expecting to tilt their passive strategies toward the goals of the Paris agreement, including via use new index products. Only 22% said they currently use indexes based on the EU benchmarks on a notable scale.

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Keeping on the Straight and Narrow

Chris Hall

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . C of global warming promised by signatories of the Paris Agreement. . Throwing down the gauntlet

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Turbulence on Take-off

Chris Hall

Louis Bromfield, Lead Sustainable Investment Associate at Foresight Capital Management, says that investors need to pay attention to SAFs, with aviation representing “one of the most difficult sectors to decarbonise”. Trouble on the tarmac A key challenge in scaling up SAFs comes from production.