Displaying 1 - 17 of 17
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The energy transition is slowing down growth of oil demand, but has yet to reduce overall levels of consumption of the fossil fuel, the IEA warns.
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Analysts predict $183 billion increase in property insurance costs by 2040 due to climate change and the surge of 'weather-related catastrophes.'
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Giants including BP and Shell with major investors have published net-zero principles to follow, but what constitutes a credible plan?
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ESG reporting and transparency at private companies is essential for achieving net zero for the entire world, not just the public companies.
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Financier to make case for robust transition strategies at launch of new London research centre for sustainable business
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The e-commerce giant joins a growing band of corporates and governments around the world that have turned to the sustainable debt market.
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Climate Bonds Initiative predicts that the sustainable debt market will hit $1 trillion this year, but warns of a major 'gap' between investment levels and much-needed capital for climate solutions.
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Fossil fuel financing declined by 9 percent in 2020 amid the economic downturn, but campaigners warn overall trend is 'one heading definitively in the wrong direction.'
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The company joins Morgan Stanley, Bank of America, and JPMorgan Chase in pledging to reduce its operations and activity in line with global climate goals.
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But some say the action doesn't go far enough.
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National Grid, E.On, RWE, Scottish Power, EDF and Centrica urged to follow SSE’s lead and publish dedicated strategies setting out how workers and consumers will be protected from any shocks of net zero transition.
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Climate Action 100+ investors write to 47 major US companies calling on them to ensure advocacy work aligns with the climate goals of the Paris Agreement
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Consumer products giant says the move is critical to meeting its goal of achieving net-zero emission from its products by 2039.
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Among its pledges are a 40 percent reduction in its oil and gas output by the end of the decade.
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Swell of support for Amazon's Climate Pledge comes as the tech behemoth announces that it has joined the Science Based Targets Initiative (SBTi), which will requires it to commit to setting emissions targets in line with the Paris Agreement's goals.
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Around a third of investors, including the world's largest asset manager, voted for changes to the oil giant's governance to help drive bolder climate action
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While some investors welcomed the latest net zero pledge from a leading oil giant, others believe the announcement was a 'clear attempt to stave off a shareholder rebellion at its AGM.'