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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5

Net Zero 147
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UNFCCC Tightens the Screw on Net Zero

Chris Hall

The proposed solution for net zero targets and progress aims to improve transparency and accountability, but will need to consider existing guidance. The Recognition and Accountability Framework for non-state actors and a draft implementation plan were unveiled at Bonn by UN Climate Change (UNFCCC).

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Demand for “Credible” Net Zero Targets Rising – SBTi

Chris Hall

C. Climate-focused stewardship has rocketed up the agenda for investors in recent years, as asset owners and managers look to align their portfolios with a 1.5°C

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$29 Trillion Investor Group Urges High Impact Companies to Disclose on Environmental Impact

ESG Today

A group of nearly 300 financial institutions representing almost $29 trillion in assets are urging some of the world’s highest impact companies, including Exxon, Chevron and Caterpillar, to disclose environmental data on themes including climate change, water and forests, through the CDP environmental disclosure platform.

CDP 98
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HSBC, Standard Chartered, other Major Banks Exit SBTi

ESG Today

Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.

Banking 98
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Statement on behalf of We Mean Business Coalition ahead of COP27

We Mean Business Coalition

Amidst the escalating impacts and threats of climate change, heads of state, negotiators, climate scientists, activists and business leaders prepare to meet for COP27, taking place in Sharm El-Sheikh, Egypt. The consequences of inaction are already being felt globally, with the world’s vulnerable most severely impacted. .

Net Zero 144
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At COP27, Investors, Companies, and Policymakers Must Accelerate Urgent Action on the Climate and Water Crises To Cut Emissions in Half by 2030

3BL Media

climate action and investments, as public and private sector leaders raise their ambition, deliver on commitments, implement policies to capitalize on the opportunities in the necessary transition to a zero emissions future, and ensure public finance to support adaptation and resilience for developing nations.

Net Zero 130