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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 432
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AllianceBernstein Commits to Net Zero Pathway

3BL Media

degree Celsius pathway, joining Net Zero Asset Managers Initiative. degree Celsius pathway by 2050, in support of the Paris Agreement. AB believes that climate risk is an investment risk, and it’s essential to consider the material, physical, and transition risks and opportunities of issuers the firm invests in. “AB

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

3BL Media

DESCRIPTION: At Qualcomm, we believe we can help address the environmental, social, and economic impacts of climate change by working together across all sectors of society. What does it mean to achieve net-zero? Why did Qualcomm decide to commit to net-zero? Why 2040 vs 2050? Why set interim goals?

Net Zero 246
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‘Any delay means risk’: Senator looks to speed up banks’ net-zero journey

Corporate Knights

In the pursuit of its net-zero 2050 goal, Canada needs a rigorous strategy to require banks and other key financial system players, including Crown corporations, to fully align their operations with the country’s international climate commitments. And any delay means risk and means losing money.”.

Net Zero 342
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Fossil fuel expansion will be the litmus test for banks’ net-zero promises

Corporate Knights

Many of the world’s biggest banks face the enormous challenge of realigning their entire loans and investment operations in the coming years to put themselves on a credible path to achieve net-zero carbon emissions by 2050. “We Ultimately, best practices come down to are we seeing year-over-year changes in their capital flows?”.

Net Zero 246
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Investor Group Urges Companies to Provide “Credible Net Zero Transition Plans”

ESG Today

Climate-focused investor organization the Institutional Investors Group on Climate Change (IIGCC) announced today the launch of the Net Zero Engagement Initiative (NZEI), kicking off with a group of 93 investors, aimed at scaling and accelerating climate-related corporate engagement.

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Crown at COP 28: Driving Discussions around Climate and Aluminum Decarbonization

3BL Media

Amid the ongoing race to slow the pace of climate change, Crown continues to take a proactive role in industry sustainability initiatives. Long-term decarbonization remains at the forefront of those efforts, with Climate Action and Optimum Circularity as two core pillars of focus within our ongoing Twentyby30™ program.