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ESG Acronyms and What They Mean

3BL Media

General sustainability definitions Climate risk Two types of climate risks exist, transition risks and physical risks. According to the EPA , transition risks are related to the transition to a lower-carbon economy, while physical risks are associated to the physical impacts of climate change.

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Taking stock of Chase, HSBC, and Morgan Stanley's recent climate commitments

GreenBiz

Specifically, JPMorgan Chase announced in October that it would shape its financing portfolio in three key sectors to align with the Paris Agreement; three days later, HSBC announced its statement of net-zero ambition. Disclosure and reporting. Pull Quote.

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Keysight Releases 2021 Corporate Social Responsibility Report

3BL Media

Progress was made across these short-, mid-, and long-term measures in 2021: In the environmental sustainability space, Keysight committed to net zero emissions in company operations by the end of fiscal year 2040, in alignment with the Paris Agreement's preferred goal to limit global warming to 1.5°C.

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What every CFO needs to know about the new sustainability reporting standard

We Mean Business Coalition

The ISSB – International Sustainability Standards Board – is special because it reduces the amount of frameworks, and merges an array of existing major international frameworks, including TCFD , CDSB Framework ; Integrated Reporting Framework; SASB Standards; WEF Stakeholder Capitalism Metrics.

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This Week’s Tech and Tools News: 2DII’s PACTA to be Stewarded by RMI

Chris Hall

The 2 ° Investing Initiative (2DII), an independent non-profit think tank, has transferred the stewardship of its Paris Agreement Capital Transition Assessment (PACTA) to US-based sustainability non-profit RMI.

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What Net-Zero companies are and How to start the journey

Carlos Sanchez

According to scientists achieving net-zero before 2050 is critical to keeping us safe from the catastrophic consequences of climate change. The number of net-zero emissions commitments has doubled this year, as many prioritize climate action in their recovery from Covid-19 ( Data-Driven EnviroLab report). ETS in Europe).

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4 ESG trends to watch in 2022

Carlos Sanchez

A court forced Shell to reduce emissions, an activist investor forced ExxonMobil to replace three board members better suited to fight climate change, and Chevron shareholders voted against their board to achieve faster-cut carbon emissions. We had the “Day of reckoning” for big oil. ESG trends in 2022: Net-Zero ambition.