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SAP’s Journey to Net Zero 2030

3BL Media

As a global technology company supporting the vast majority of the world’s business, SAP needs to lead from the front with our ambitions and actions. That is why SAP has committed to achieve net-zero emissions across our value chain by 2030. What Does Net Zero Mean? C science-based emissions reduction target.

Net Zero 147
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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. But there is still room for hope that net zero commitments – and subsequent progress on decarbonisation – can be transparent, aligned and ambitious.

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Demand for “Credible” Net Zero Targets Rising – SBTi

Chris Hall

C temperature pathway. Major investor-led engagement initiatives, such as the Net Zero Asset Owner Alliance (NZAOA) and Climate Action 100+ , have outlined in their guidance that climate-related engagements and net zero targets should be aligned 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 112
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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 111
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$37 Trillion Group Calls on 1,000 Businesses to Set Science-Based Climate Targets

ESG Today

The campaign is backed by many of the world’s largest financial institutions including Allianz Global Investors, AXA Group, Crédit Agricole and UBS, as well as by 45 multinational companies with over $710 billion in annual procurement spending, such as PepsiCo, Astra Zeneca, and Schneider Electric.

CDP 94