Remove Decarbonize Remove Green Investing Remove Paris Agreement
article thumbnail

Zero: Oil industry’s plan for climate action? More fossil fuels

Corporate Knights

Not only have global oil producers generally failed to invest substantially in renewable-energy technologies; now they’re reneging on their green commitments. When you look at the oil industry’s efforts to decarbonize, the results are lacklustre. Suncor invested 10.4% of its capital on green projects in 2022.

article thumbnail

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

GreenBiz

Building on previous commitments that increase green investments or restrict financing to certain high-emitting activities, recent pledges add to growing evidence that banks are taking a more holistic approach to the climate emergency. Barclays’ accounting additionally covers the capital markets activity it supports.

Net Zero 365
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Divided We Fall: Why The Climate Community Can’t Afford To Break Apart

We Mean Business Coalition

Many people are cautious about the intentions of companies that have committed to decarbonization and with some reason. But that is a very simplistic view of the activities and vast challenges facing businesses today that are trying to transition to green models, especially when technology and policy often need to catch up.

article thumbnail

Here’s How Amazon’s Sustainability Pledge Is Going, 5 Years After Jeff Bezos Promised To ‘Beat The Paris Agreement’

We Mean Business Coalition

This article was first published in Forbes Today 100 CEOs announced a push for governments to boost the business case for green investment, in the run-up to COP29 in Azerbaijan. Beating the Paris Agreement’ is a huge statement to make. C global warming target. C, or “well below” 2°C, by the end of the century.