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Canada’s Big Five banks keep moving further away from net-zero

Corporate Knights

A new report renders a damning portrait of Canada’s Big Five banks on their path to net-zero emissions by 2050. The Big Five banks have taken little voluntary action to align their business practices with their own net-zero commitments. billion in fossil lending and underwriting out of total financing activity of U.S.$499

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Large asset managers lagging on net-zero targets

Corporate Knights

As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios. . trillion in assets, came last at 4% net-zero assets under management.

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Going the Distance – Charting the Journey to Net Zero

GreenBiz

Climate change isn’t a future problem — the crisis is already here. Climate change also poses risks for business, from physical health and safety risks to financial risks. The climate risk is urgent and the time to act is now.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. Our net zero strategy addresses both the corporate and investment levels. It reemphasizes our commitment to ensuring that our people and portfolios all work together to achieve critical climate goals.”. SOURCE: AllianceBernstein.

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Canada’s net-zero opportunities might skip some provinces

Corporate Knights

Canada’s provincial governments need comprehensive net-zero climate strategies to drive growth in the green economy, but some are sending mixed policy signals to the companies that will create tomorrow’s jobs, says a new report from the Canadian Climate Institute. . However, B.C.

Net Zero 317
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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.

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[Podcast] Beyond the Scope of Net-Zero Buildings

3BL Media

DESCRIPTION: There is a huge decarbonization potential in buildings that can significantly contribute to the fight against climate change. The question is why have these building decarbonization solutions not been applied at scale already? Episode 2: Beyond the scope of net-zero buildings.

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