Corporate Knights
NOVEMBER 24, 2023
Graham’s speech also included dubious statements about divestment and the pace of transition away from fossil fuels, claiming that the “global investment community has also changed its tune when it comes to fossil fuel divestment.” The only credible pathway to zero emissions for oil, gas and coal companies is to phase out production.
GreenBiz
AUGUST 13, 2020
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?
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3BL Media
MAY 17, 2022
Maersk’s commitment to net-zero emissions will help organizations across the globe reduce their total carbon footprint. With a plan to reduce greenhouse gas emissions by 30% in 2030 and reach net zero by 2050, Sasol has expanded their pledge to address Scope 3 emissions as well.
Chris Hall
MAY 12, 2022
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.
Corporate Knights
OCTOBER 17, 2022
The leading proposed solution, carbon capture utilization and storage (CCUS), has not measured up to hype , with oil companies unwilling to invest profits into this expensive technology that increases production costs. There’s no taking the carbon out of the barrel.
3BL Media
SEPTEMBER 16, 2022
In 2021, we launched the Zero Carbon Project to help our top suppliers halve their CO2 emissions in less than five years. Gwenaelle leads the development of Corporate Strategy, Mergers & Acquisitions and Divestment activities, Sustainability, and Customer Satisfaction & Quality. . Take another example.
GreenBiz
JULY 22, 2020
From companies looking to select cleaner manufacturing suppliers, to investors seeking to divest from polluting industries, to consumers making choices about which businesses to patronize, one thing is clear: a reliable way to measure where emissions are coming from is necessary," they wrote. The comments were edited for clarity and length.
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