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Net Zero Scrutiny Intensifies at COP27 

Chris Hall

Sharm El Sheikh sees progress on accountability and transparency of net zero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. .

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Norway to Require State-Owned Companies to Set Science-Based Climate Targets

ESG Today

Norway will require state-owned firms to set science-based emissions reduction targets, according to a new Norwegian Government white paper presented to the supreme legislature. trillion portfolio to set 2050 net zero targets “as a matter of urgency,” and for all portfolio companies to do so by 2040 at the latest.

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New report highlights potential of mine energy in achieving UK net zero target

Envirotec Magazine

A new white paper published by the Mine Energy Taskforce and Local Energy Hub network has called for greater support for mine energy as a key low carbon heat source in the UK that can contribute to government’s ambition to reach net zero by 2050. Dawdon mine water treatment scheme (image credit: Copyright Coal Authority.

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ESG Explainer: China’s Climate Challenge

Chris Hall

Deirdre Cooper, Co-Head of Thematic Equities and Co-Portfolio Manager of the Global Environment Fund at global asset manager Ninety One, says the world’s ability to meet net zero targets will depend on countries such as China and India. What are China’s stated net zero goals? GW of new plants (a net 29.8

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Behind the coming ESG disclosure explosion

GreenBiz

The Biden administration’s decision to rejoin the Paris Agreement cements this view. For countries to meet their Paris targets, they’ll need companies to transition toward net-zero goals and to measure progress using standardized, auditable and reliable corporate data. . Going global. But measure how?

Banking 535
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Stewardship Nears Breaking Point

Chris Hall

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)