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VCM Code of Practice Launches, with Google, Unilever and Hitachi on Board

Chris Hall

With Google, Unilever and Hitachi among those already signed up to road-test the provisional code, VCMI is hoping more businesses will take up what it calls a globally standardised benchmark when using carbon credits as part of their net zero strategies. . Market-based solutions are critical to reducing emissions.

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COP27: Five things companies need to know after this year’s UN climate summit

We Mean Business Coalition

A greater focus on phasing down fossil fuels and ensuring transparency around net zero goals emerged in Sharm El Sheikh, writes We Mean Business Coalition CEO María Mendiluce. Business welcomes greater transparency in reporting on net zero goals. This article was first published in Business Green.

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Corporate Climate Action: Progress at COP27

We Mean Business Coalition

In a huge step forward for net zero economies and supply chains, the U.S. For instance, Probodha Acharya, Chief Sustainability Officer at JSW Group discussed how the company’s cement, with a carbon intensity of 300kg CO2 per tonne of cement, now makes it the lowest carbon cement company in the world.

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Taking the Heat Out of COP27

Chris Hall

resulted in advances, such as the agreement between Congo, Indonesia and Brazil, and several bilateral talks between governments outside the circle of richest countries,” said?Jose According to the International Energy Agency (IEA), US$4 trillion needs to be invested in renewable energy globally every year by 2030 to achieve net zero by 2050.

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Investors Search for Answers

Chris Hall

And while there are instructive parallels with the catalytic impact of the Paris Agreement on identifying and mitigating climate risks by the private sector, there are also important differences. Meanwhile, many have opted to retain their stakes and influence in other carbon-intensive firms as their net zero transition plans evolve.