Corporate Knights

OCTOBER 6, 2023

Responses to the climate crisis have so far “not been adequate,” the document says, “while the world in which we live is collapsing and may be nearing the breaking point.” In 2019, he declared a global “ climate emergency ,” saying a failure to act represents “a brutal act of injustice toward the poor and future generations.”

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Envirotec Magazine

DECEMBER 1, 2022

This is especially fitting as the conference is taking place seven years after the signing of the Paris Agreement – a legally binding international treaty that commits countries to limiting global warming to below 2 (and preferably below 1.5) degrees Celsius. Putting scope 3 emissions in the spotlight.

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GreenBiz

MAY 3, 2021

degrees Celsius goal of the Paris Agreement; to develop and implement a plan to reduce “the carbon footprint and the environmental impact” of any products or services provided to Salesforce; and to publicly disclose their Scope 1, 2 and 3 emissions. He welcomed the nudge from Salesforce. Supply Chain. Leadership. Featured Column.

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Chris Hall

SEPTEMBER 8, 2023

Climate Action 100+ (CA100+) has launched the Net Zero Standard for Diversified Mining to provide its signatories and investors with a “transparent, systematic, and evidence-backed” engagement tool.

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Chris Hall

JULY 8, 2022

New report warns that legacy airlines are lobbying against climate package while publicly supporting net-zero targets. . This might come in the form of increased regulatory stringency for other sectors as policymakers attempt to keep the Paris Agreement targets within reach.?Alternatively,

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Chris Hall

JUNE 22, 2022

The United Nations has intensified scrutiny of financial institutions, with its Race to Zero (RTZ) campaign issuing tougher criteria and Secretary General Antonio Guterres saying fossil fuel companies and those that finance them “have humanity by the throat.” . The picture is mixed across the industry and within sectors.

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Chris Hall

NOVEMBER 25, 2022

Different tactics required across region for institutional investors looking to hold corporates to account on net zero strategies. Investors have called for increased engagement with Asian corporates on the adoption of net zero transition strategies,” said Rebecca Mikula-Wright, CEO of Asia Investor Group on Climate Change (AIGCC).

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Chris Hall

JULY 12, 2023

“The climate agenda is being undermined.” The Sharm El Sheikh Implementation Plan – the final agreed statement published at the end of COP27 – noted that financing the global transition to net zero will require annual investments of between US$4-6 trillion; global investment in energy transition technologies reached US$1.3

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Chris Hall

JULY 11, 2022

Labelling gas and nuclear energy as sustainable muddies the waters for net zero-focused investors. . The EU Parliament’s decision to back a Commission proposal to include gas and nuclear energy in its environmental taxonomy is a “problematic outcome” for investors committed to transitioning to net zero. .

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Chris Hall

APRIL 19, 2024

The UK’s Transition Plan Taskforce (TPT) hit a significant milestone last week with the release of its final set of transition plan resources to help businesses mobilise finance for the net zero transition. At the end of its formal mandate, the taskforce plans to publish a document setting out a forward pathway.

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Chris Hall

DECEMBER 12, 2023

of the Paris Agreement will realise the potential of carbon markets globally, but progress remains slow. Finalisation of Article 6.2, Supervisory Body has been discussing the operationalisation of the promised international carbon crediting mechanism, including underpinning methodologies and greenhouse gas (GHG) removals guidance.

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Corporate Knights

DECEMBER 13, 2023

The COP28 decision text, released Wednesday morning, included language about “transitioning away from fossil fuels in energy systems” and “reducing both consumption and production of fossil fuels in a just, orderly and equitable manner so as to achieve net zero by, or before, or around 2050 in keeping with the science”.The

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Envirotec Magazine

SEPTEMBER 30, 2021

The paper has been launched in advance of COP26, where the rules on the operation of carbon markets set out in Article 6 of the Paris Agreement are scheduled to be agreed, with significant implications for the current and future price of carbon.

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Chris Hall

MARCH 24, 2023

In order to reduce greenhouse gas emissions to net zero by 2050, Switzerland has decided on self-regulation with the Swiss Climate Scores. They aim to be forward-looking indicators, showing the extent to which, the portfolio is on track to meet the target of net zero emissions by 2050 and meet the Paris Agreement goals.

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Chris Hall

JUNE 30, 2023

Around two-thirds (1,557) of cases have been filed since the Paris Agreement was established in 2015. The report found that the country is far and away the country with the highest number of documented climate litigation cases, with 1,590 in total, followed by Australia with 130 cases, and the UK with 102.

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Corporate Knights

JULY 25, 2023

The policy won’t affect money that has already gone out the door or commitments that have already been signed, there is no published calculation of the future subsidies that will now be foregone, and the documents provide no cost figures for 129 non-tax measures that could be shifted as a result of this week's announcement.

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Chris Hall

AUGUST 11, 2023

GW of capacity by 2050, which will require US$7 billion in investment, and PLN planning to develop additional renewable energy plants as a means of achieving its 2060 net zero target. Renewables commitments Tenaga and PLN have also made progress in their commitments to renewable energy, with Tenaga targeting 14.3

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Chris Hall

JUNE 23, 2023

A selection of this week’s major stories impacting ESG investors, in five easy pieces.    This week, world leaders attempted to update the post-war global financial architecture to better support the goals of the Paris Agreement and the UN Sustainable Development Goals.

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Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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Chris Hall

SEPTEMBER 15, 2023

Research shows that directing finance towards nature-related themes and nature-based solutions could provide around a third of the climate mitigation needed to reach the goals set out in the Paris Agreement. The benchmark also publishes an Investor Guidance document which financial institutions can use in their stewardship activities.

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Chris Hall

OCTOBER 20, 2023

Established under Article 14 of the Paris Agreement , the Global Stocktake is designed “to assess the collective progress towards achieving the purpose of [the Paris] Agreement and its long-term goals. What is the purpose of the Global Stocktake? But the Global Stocktake is meant to go far beyond an assessment.

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Chris Hall

OCTOBER 14, 2022

As an increasing number of countries finalize their national adaptation plan documents (NAPs) and make more detailed, ambitious commitments in the adaptation components of their NDCs, the global focus is shifting from planning to implementation — and not a moment too soon. Scale up support for adaptation. Established under Article 7.1

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Chris Hall

AUGUST 24, 2023

Carmen Nuzzo , Executive Director of the Transition Pathway Initiative Global Climate Transition Centre (TPI Centre), told ESG Investor that ASCOR will allow investors to track sovereigns’ efforts toward their net zero targets and the national determined contributions (NDCs) to which they’ve committed by signing the Paris Agreement in 2015.

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Envirotec Magazine

JANUARY 17, 2020

As the slipping of climate targets continues, it’s becoming increasingly clear that cutting emissions won’t be enough to keep global temperature increases below the 2ºC target enshrined by the 2015 Paris agreement. Is it happening? In September, the Washington-based Energy Futures Initiative , founded by former U.S.

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Sustainable Development Network

NOVEMBER 16, 2021

As world leaders, negotiators, and thousands of representatives from NGOs, public and private organizations, youth movements, artists, and the media head home from Glasgow at the end of COP26, many will reflect on the outcomes of this 26th United Nations climate conference—the first big milestone since the 2015 Paris Agreement came into force.

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Corporate Knights

MARCH 20, 2023

C The summary points to a “substantial emissions gap” between countries’ emission reduction promises under the 2015 Paris Agreement—even if they all keep their promises—and a pathway that would deliver even 50-50 odds of limiting warming to 1.5°C. The dangers of overshooting 1.5°C Overshooting 1.5°C

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Chris Hall

NOVEMBER 30, 2022

The document noted that other project types – like seaweed conservation and kelp farming – require additional research and the development of new carbon methodologies “which are under development”. . The blue carbon guidance currently covers projects involving mangrove forests, seagrass meadows and salt marshes.

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Sustainable Development Network

NOVEMBER 30, 2022

Overall, the findings of our analysis are sobering: seven years after the Paris Agreement, countries still do not sufficiently and consistently include emissions from, and actions for, their food and land sectors. How much are current NDCs focused on action? Are they conducive to implementation and policy follow up ‘on the ground’?

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Envirotec Magazine

SEPTEMBER 23, 2019

Non-profit organisation’s report describes actions that would gear the buildings and construction sector towards a net zero future, through elimination of embodied carbon emissions. It is only then the industry will shift its approach, and we can move towards net zero carbon emissions.

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Chris Hall

MARCH 17, 2023

A selection of this week’s major stories impacting ESG investors, in five easy pieces. Investors and policymakers signalled mixed progress in their support for net zero transition this week, ahead of a critical report from scientists. If all goes to plan, the key messages will be released Monday.

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Chris Hall

DECEMBER 21, 2022

Arguments throughout the two weeks of COP15, largely over financing, were largely allayed at the end, but the GBF too often lacked numerical targets and time-bound commitments for a document aimed at reversing decades of over-exploitation by the end of the decade. These are signals about what needs to happen on the ground. Finance showed up”.

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ESG Today

NOVEMBER 21, 2022

The final agreement, however, was not more ambitious than last year’s COP26 document, removing the 2025 peak emissions goal at the last minute, and only reiterating the goal of limiting temperature increase to 1.5°C. According to COP26 President Alok Sharma, even maintaining last year’s progress proved challenging.

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Envirotec Magazine

JULY 6, 2021

Finance will obviously be the enabling factor in making the kind of transition that is required, so it’s a problem if accounting systems continue to act as if nature is “free to use”, a key issue pinpointed earlier this year by The Dasgupta Review , hailed at the time as a landmark document. Low-hanging fruit?

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Chris Hall

AUGUST 2, 2022

As a growing number of asset owners commit to transitioning their investments to net zero, they are becoming increasingly aware of how deforestation threatens the realisation of their decarbonisation targets. . “We In Q1 2022 , forest destruction covered 941 km², which is a 64% increase compared to Q1 the previous year. .

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Chris Hall

NOVEMBER 16, 2022

Mobilising public and private capital to fund the net zero transition efforts of emerging markets and developing economies (EMDEs) has been a central theme of discussions at COP27 in Egypt. . They receive mixed signals from their stakeholders and regulators on the appropriate role carbon credits play in net zero strategies.” .

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We Mean Business Coalition

JANUARY 10, 2024

The lack of gender diversity in national delegations at the climate talks and the failure of the COPs to focus on women’s issues, even though women suffer more from the impacts of climate change, have been well documented. The post The Pope Is Right, We Need More Women Leaders appeared first on We Mean Business Coalition.

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Chris Hall

JUNE 8, 2023

The Bonn Climate Conference got under way this week by unveiling a new phase in accountability and transparency of non-state net zero commitments. The framework is accompanied by a draft implementation plan to be used by entities to demonstrate in detail the Paris-alignment of their pledges.

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