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COP15: A historical moment for biodiversity and corporate disclosure

Environmental Finance

To make the 'Paris agreement for nature' a success, countries should waste no time in making biodiversity reporting legally mandatory, argues CDP's Mirjam Wolfrum

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Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

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The biggest carbon losers

Corporate Knights

Yet the pace and scale of their reductions is in the realm of what every company and country must do by 2030 to keep the faith of the Paris Agreement. 17 Republic Services Inc Waste 13,862,083 2,200,930 -0.14 But not all GHG reductions are equal. For instance, 87% of oil giant BP’s 36.5-million-tonne Divestments (47%).

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Businesses and investors need to roll up their sleeves and join the race to revive biodiversity

Corporate Knights

Unlike the climate crisis that led to the signing of the Paris Agreement , biodiversity loss has received little attention until now. This year, the non-profit CDP, which runs the world’s environmental disclosure system, included new questions to assess firms’ approaches to biodiversity. There are, however, positive signs.

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Qualcomm's Commitment to Net-Zero Global Operational Emissions by 2040

3BL Media

This includes our direct operational GHG emissions such as from manufacturing processes at our three fabs and our cogeneration plants, our purchased utilities, primarily electricity, and our upstream and downstream value chain, which includes direct and indirect supply chain, business travel, waste generated in operations, and more.

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Gildan Publishes Its 18th Environmental, Social, and Governance (ESG) Report

3BL Media

The Company thus set a strong base for fulfilling its future environmental goals and reaching the level of decarbonization required to meet the goals of the Paris Agreement, and early in 2022, Gildan signed the Science Based Targets initiative (SBTi) commitment letter. 15% decrease in total waste intensity compared to 2018.

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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

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