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On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. These leaders understood the direct linkage between climate change and financial risk. On the fifth anniversary of the TCFD, a call to action.

CDP 292
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SBTi Appoints Maria Outters as First Chief Impact Officer

ESG Today

The Science Based Targets initiative (SBTi) announced today the appointment of Maria Outters as Chief Impact Officer, a newly created role for the organization, aimed at driving strategic engagements, strengthening governance, and accelerating the growth of corporate climate action.

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What is the Science-Based Targets initiative (SBTi)?

Sphera

The scientific community holds strongly recommends that the average global temperature increase must be limited to increase be limited to 1.5 °C C - 2° C compared to the pre-industrial era, to prevent the damaging effects of climate change. C to avoid the catastrophic impacts of climate change.

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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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Third of Global Market Cap Covered by Emissions Reduction Targets

Chris Hall

A total of 2,253 companies across 70 countries and 15 industries have approved emissions reductions targets or commitments with the organisation, with 80% of targets approved by SBTi in 2021 aligned with limiting climate change to 1.5°C.

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UNFCCC Tightens the Screw on Net Zero

Chris Hall

As negotiations unfolded at the Bonn Climate Change Conference earlier this month, the politicisation of an existential and global threat was clear to see. What made negotiators’ incremental progress even more frustrating was that the squabbling was underpinned by the realities of a rapidly warming planet.

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4 ESG trends to watch in 2022

Carlos Sanchez

A court forced Shell to reduce emissions, an activist investor forced ExxonMobil to replace three board members better suited to fight climate change, and Chevron shareholders voted against their board to achieve faster-cut carbon emissions. As an example, according to CDP 2021 supply chain report , upstream emissions are 11.4