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SBTi Releases Net Zero Standard for Banks, Investors

ESG Today

Additionally, the standard recommends that financial institutions publish a real estate policy committing to cease new financial activities for buildings that are not zero-carbon ready, and to increase financial activities dedicated to retrofitting existing buildings.

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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

However, the company’s plan to invest up to $46 billion over the next 15–20 years to expand into an emissions-free iron process being piloted in Northern Sweden is big news for Sweden, the global steel industry and future generations around the world. The private sector remains the most reliable engine for innovation in our economy.

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11 young professionals on the future of sustainable finance

GreenBiz

With ESG gaining more attention and more companies committing to reaching net-zero emissions in the coming decades or otherwise pledging to do better by people and the planet, it’s inevitable that the next generation of professionals in the field will define the future of sustainable finance. Global sustainability expert at SDG Advocate.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

The green groups behind the report have warned of an "alarming disconnect" between the global scientific consensus on climate change and the ongoing practices of the world's leading banks. The banking sector maintains that serious change is afoot. And yet, today's report comes within hours of the U.K.

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TED Talk: 3 Rules for a Zero Carbon World

Strategic Sustainability Consulting

Here is one of our favorites: Stop feeling overwhelmed by the global effort to reduce CO2 emissions, says Nigel Topping, the High Level Climate Action Champion for the UN’s climate change conference COP26. Take the global maritime shipping sector. Currently, the number of zero carbon emitting ships is zero.

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AccountAbility Joins With Global Commons Alliance and UN Climate Champions Team to Launch Navigator Addressing Nature and Climate Action

3BL Media

This innovative resource - launched at the COP28 Nature Pavilion in Expo City, Dubai - helps organizations navigate the landscape of nature and climate assessment methodologies and disclosure frameworks and surfaces leading tools that enable meaningful nature and climate action that can improve their environmental and business performance.

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DP World Sets New Ambitious Carbon Reduction Target As It Secures SBTi Validation

3BL Media

The SBTi is a world leading authority in advancing private sector progress to reduce GHG emissions, helping prevent the impacts of climate change. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.