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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

HSBC is latest bank to pledge net-zero financed emissions by mid-century. HSBC has become the latest bank to commit to achieving net-zero financed emissions, announcing Monday that it intends to align its portfolio of investments and debt financing with global climate targets by mid-century. Cecilia Keating.

Net Zero 465
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New UN panel looks to hold companies, governments accountable for net-zero pledges

Corporate Knights

Net-zero pledges have become commonplace among corporations, financial institutions and cities, but questions abound as to whether those companies and governments have real plans in place to achieve them. In many cases, corporations or local governments don’t yet know how they will achieve net-zero status by 2050.

Net Zero 339
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The Consumer Goods Forum Launches the "Net Zero Playbook For Consumer Industries", in Collaboration With Accenture

3BL Media

DESCRIPTION: PARIS and SHARM EL-SHEIKH, Egypt, November 10, 2022 /3BL Media/ — The Consumer Goods Forum (CGF) has launched the Net Zero Playbook for Consumer Industries in collaboration with its members, Accenture and the Race to Zero. However, now is the time for action and to make sustainability a force for change.

Net Zero 173
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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Civil society organizations are gearing up to hold financial industry players accountable on the lofty commitments they made at COP26 in November. Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”. It could also delay investments needed to help mitigate the impact of climate change.”.

Net Zero 246
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Bond Investors Can Help Hold Companies Accountable Post COP26

3BL Media

DESCRIPTION: The United Nations Glasgow Climate Change Conference, also known as COP26, concluded in November with 200 nations signing the Glasgow Climate Pact (GCP), an agreement that could accelerate climate action and drive big carbon cuts. COP26 Reflects Increased Drive for Climate Action .

COP26 130
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Net zero by 2050 is “too little too late”: Scientists make a case for net negative strategies

Envirotec Magazine

A report published on 26 August by an independent group of experts warns that reaching net zero greenhouse gas emissions by 2050 is now “too little too late”, and will not achieve the long-term temperature goals identified in the Paris Agreement to limit global warming to 1.5°C license ). C by the end of the century.

Net Zero 128
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ICYMI, Opportunity Narrows on Meeting Paris Agreement Goals

Chris Hall

It seems unlikely that anyone involved in ESG investing would have missed the Intergovernmental Panel on Climate Change (IPCC) Working Group III report published at the beginning of the week. The Asia Investor Group on Climate Change (AIGCC) whose asset owners and managers have a combined AUM of over US$35.8 he asked.