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ESG Today: Week in Review

ESG Today

This week in ESG news: Germany’s €50 billion industrial decarbonization plan; U.S. This week in ESG news: Germany’s €50 billion industrial decarbonization plan; U.S.

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ESG Today: Week in Review

ESG Today

This week in ESG news: IFRS releases global sustainability and climate reporting standards; Australia to introduce mandatory climate disclosure beginning 2024; AstraZeneca announces $400 million reforestation and biodiversity investment; IBM survey finds surge in CEOs with pay tied to ESG goals; UK environment minister quits over government’s climate (..)

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Teck needs to figure out how to transition out of the coal business

Corporate Knights

The coal mines make Teck the second-largest ship-based exporter of metallurgical coal in the world. The majority of the coal is shipped from B.C. The field is made up of four sprawling open-pit mines producing metallurgical coal, which is used to make steel. In 2022, Teck produced 21.5 billion in revenue.

Shipping 327
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Aviation is plotting a sustainable course

GreenBiz

In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. But offsetting is seen as transitional — and controversial: Some critics view it as greenwash.

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Academia, Cities, and the Private Sector Gather to Discuss "Systems Transformations for a 1.5 Degree World" alongside Global Climate Summit COP25

Sustainable Development Network

This year's event built off the learning from the SDSN's Roadmap to 2050 A Manual for National to Decarbonize by Mid-Century report published in partnership with Fondazione Eni Enrico Mattei (FEEM). The event’s panels on the first day were focused on the decarbonization of the power, transport, industry, and buildings sectors.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The article took a full six years to finalize after the wider agreement was adopted, with international negotiators expressing grave concern about the risk of greenwashing and human rights violations, particularly for Indigenous and other local communities in the world’s poorest countries. those are the pieces that we still need to find.”

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ESG Today: Week in Review

ESG Today

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Amazon, Google, Microsoft, Nucor Pioneer New Clean Energy Investment, Risk Sharing Models with Duke Energy Brookfield In Talks to Acquire Clean Energy Developer Neoen for $6.6