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

GreenBiz

In an open letter to its clients, HSBC CEO Noel Quinn said the bank had been motivated to ramp up its environmental ambition by customer concern about climate change. "We We are committed to developing products that allow them to invest or participate in efforts to bring about a more sustainable global economy.".

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Accelerating Climate Action

3BL Media

This year, the company was represented by a team of leaders, including Scott Tew, vice president of Sustainability; Jose La Loggia, president of Commercial HVAC EMEA; Helen Walter-Terrinoni, director of global climate policy; and Adnan Javed, general manager of Commercial HVAC for the Middle East. Is the agreement perfect?

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. Cecilia Keating.

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Ceres Releases New Guide To Aid U.S. Food Sector’s Climate Transition Plans As Investors Ramp Up Pressure

3BL Media

The report is part of the Ceres Food Emission 50 initiative, an effort focused on decarbonizing the nation’s food sector. food sector have disclosed their climate transition strategies nor concrete actions to achieve them, despite increasing investor pressures and the growing threats of climate change. SOURCE: Ceres.

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ING Faces Climate Lawsuit from Group that Won Case Against Shell

ESG Today

In a letter from the organization to ING Group Chair Steven van Rijswijk, Friends of the Earth argued that under Dutch law, companies have a “duty of care” obligation to not create dangers that can cause avoidable damage to people or property, which it says applies to climate change.

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Business urges government: go fossil to clean

We Mean Business Coalition

Ahead of COP28, over 125 businesses from across industries and regions call on national governments to address the primary cause of climate change: burning fossil fuels. To fulfil their commitments to the Paris Agreement, countries h ave no option but to move on phasing down and out fossil fuels.

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Sustainable Finance Demands More Than Just Cutting Carbon

Chris Hall

Supporting resilience and just transition are as important as climate mitigation, says Lihuan Zhou, Associate at the World Resources Institute’s Sustainable Finance Center. Sustainable investing is a key part of curbing climate change, and the sector is showing some signs of progress. trillion from 2010-2019.