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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. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla. Mon, 12/14/2020 - 00:05. But that is not the only pivotal milestone we should commemorate this month.

CDP 309
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SBTi Appoints Maria Outters as First Chief Impact Officer

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.

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

Sphera

Reduction targets are “science-based” if they align with levels the scientific community deems necessary to meet the 1.5 - 2 °C temperature reduction target set by the 2015 Paris Agreement. In the Paris Agreement, world governments committed to curbing global temperature rise to 2°C above pre-industrial levels.

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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

The 2021 Progress Report, ‘ Scaling Urgent Corporate Climate Action Worldwide ’, found that companies committed to cut emissions in line with climate science now represent US$38 trillion of the global economy, more than one-third of global market capitalisation (up from 20% in 2020).

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4 ESG trends to watch in 2022

Carlos Sanchez

As a result, 90% of the global economy and a third of the 2,000 largest companies have net-zero pledges. Article 6 of the Paris agreement approval and the Taskforce on Scaling Voluntary Carbon Markets will play a key role in increasing carbon offsets quality. ESG trends in 2022: Net-Zero ambition.

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UNFCCC Tightens the Screw on Net Zero

Chris Hall

GFANZ’s ‘quiet quitting’ of RtZ followed increasing pressure on US members due to the anti-ESG movement, often alleging breaches of anti-trust rules, which has only gathered momentum over the course of 2023.