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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. It has publicly endorsed the Paris Agreement on climate change as well as the EU’s target of being net-zero by 2050. On the face of it, it is.

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

Corporate Knights

The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. After that massive an investment, “no way the pipeline is going to recover costs,” Morningstar analyst Stephen Ellis told Bloomberg News in March.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But there’s still time to take action if countries pick the right decarbonization options and scale up fast. The dangers of overshooting 1.5°C

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The Glasgow Climate Pact for business: ambition, action and collaboration.

We Mean Business Coalition

After the Paris Agreement the message was clear: Ambition, Ambition, Ambition. Many have set science-based targets aligned with 1.5ºC, others are starting their journey to net-zero. The Net-Zero Standard makes clear that companies should be working to cut around 90% of their emissions by 2050 at the latest.

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

C and implement the Paris Agreement and will be welcomed by the business community. C temperature goal of the Paris Agreement alive, and to ensure a just transition. . On Cities, Regions & the Built Environment day at COP26, the Race to Zero campaign announced a breakthrough in the real estate sector, with US$1.2

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