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Cracks showing in Mark Carney’s net-zero financial alliance

Corporate Knights

This is a sentiment shared by Richard Brooks, climate finance director for Stand.earth, a climate- and forest-protection NGO. We want to be unequivocal on this point: there is no rationale for financing new coal projects,” Carney and Bloomberg said in a joint statement , endorsing the Race to Zero ban on coal investments. .

Net Zero 360
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Proposal: The “Purchaser Caused” EAC Tag

Sustainable Round Table

SR Inc) proposes the establishment of a “Purchaser Caused” (PC) tag, which will certify EACs as having enabled new grid capacity. This tag creates a premium on “PC” EACs created by more involved contracting processes (i.e. To address this gap, Sustainability Roundtable, Inc. (SR

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Financed Emissions: A New Standard for Calling Balls and Strikes

3BL Media

Now, a new standard exists to give us the same honest and transparent reporting when it comes to financed emissions. I’m here to write about the referees of the finance world, also known as the Financial Accounting Standards Board (FASB). Accounting for Carbon: A New Rulebook for Financed Emissions.

Banking 246
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Going electric will save Canadians money on energy costs

Corporate Knights

The impacts of the climate crisis already cost Canadians an average of $720 per year for things like repairs after flooding or wildfires – and that price tag is expected to double or triple by 2050. Climate change and affordability are closely intertwined. Reducing greenhouse gas emissions can help mitigate these impacts and their costs.

Net Zero 363
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ASCOR Adds Climate Spending Indicators

Chris Hall

Antonina Scheer, Research Project Manager at the Transition Pathway Initiative (TPI) Centre and one of the methodology note authors , told ESG Investor the “most significant” changes centred on an “in-depth reworking” of Pillar 3, which has been renamed ‘climate finance’ from ‘opportunities to finance the transition’.

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Digital Transformation is Key to CFOs’ CSRD Compliance

Chris Hall

For the first time, key stakeholders will be able to see how a company’s sustainability performance affects its finances and operations; and how a company’s finances and operations impact people, communities, and the environment. But savvy finance leaders are already asking how technology can help.

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Why investors are putting biodiversity on the balance sheet

GreenBiz

Most investors and companies still don’t put a price tag on natural capital, or the cost of losing it, and biodiversity becoming a top "theme" only means people have begun talking about it. Finance & Investing. Still, progress in this area could move faster than we’ve typically seen in ESG-land, for a few reasons: . Biodiversity.