article thumbnail

7 Companies Leading the Net Zero Energy Revolution

3BL Media

DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. C commitment and 7,126 companies have joined the Race to Zero. SOURCE: Antea Group.

Net Zero 130
article thumbnail

Canada's pension plan shouldn’t be a cheerleader for Alberta’s oil and gas industry

Corporate Knights

He shared the stage with Teine Energy and Wolf Midstream, two Alberta-based fossil fuel companies owned by CPPIB – neither of which have committed to net-zero emissions. The only credible pathway to zero emissions for oil, gas and coal companies is to phase out production. This “consensus” is imaginary.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Memo to CPPIB: There’s no such thing as ‘no-carbon oil’

Corporate Knights

Last month, the Canada Pension Plan Investment Board (CPPIB) released its 2022 Report on Sustainable Investing , highlighting its commitment to be net-zero by 2050 and its engagement strategy to pressure companies to manage climate risks. There’s no taking the carbon out of the barrel.

Net Zero 363
article thumbnail

2020: Fossil fuels are dead, long live the sun

GreenBiz

Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. No doubt Shell is counting on some miracle like carbon capture to preserve its adherence to a century-old business model of selling oil. Is that possible?

article thumbnail

Carbon Tracker: Oil Majors Lacking “Credible” Transition Strategies

Chris Hall

New report released amid climate votes at AGMs, finds overreliance on unproven technology and divestment risk. Oil and gas firms’ energy transition plans are gambling on the unproven capabilities of technologies like carbon capture and hydrogen power, according to a report by climate and financial markets think tank Carbon Tracker.

article thumbnail

Behind My Title of Chief Strategy and Sustainability Officer- And What It Means to Be an Impact Company

3BL Media

In 2021, we launched the Zero Carbon Project to help our top suppliers halve their CO2 emissions in less than five years. This is anchored in our comprehensive net-zero science-based targets and an ambitious impact plan for 2025 that includes saving 800 million tons of CO2 emissions for our customers by that time.

article thumbnail

Forget net-zero, businesses should be striving for true zero. Here’s why.

Renewable Energy World

Google, Microsoft, and, a few weeks ago, IBM have all come out with a commitment to 24/7 traceability of their clean energy purchasing to meet their Net Zero goals. True Zero carbon is the new goa l. True Zero, it turns out, is the fulcrum on which the entire world will go green. Here’s why.

Net Zero 117