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Tag: Climate Targets
The Science-Based Targets initiative (SBTi) reports a sharp rise in corporate climate ambition, with the number of companies committing to both near-term and net-zero science-based targets climbing 227% between the...
Intercontinental Exchange has expanded its geospatial analytics platform with the launch of the ICE Global Climate Risk Solution, offering institutional investors forward-looking, scenario-aligned risk insights across global asset portfolios. The...
Swiss pharmaceutical giant Roche announced its long-term and short-term greenhouse gas (GHG) reduction targets, validated by the Science Based Targets initiative (SBTi), aligning with the 1.5°C Paris Agreement goal. By...
ING announced today its climate targets have been validated by the Science Based Targets initiative (SBTi), marking it as the first global systemically important bank to align its emission reduction...
Despite persistent headlines suggesting businesses are retreating from sustainability commitments, PwC’s second annual State of Decarbonization Report reveals steady, quiet progress toward corporate climate ambitions. Analyzing disclosures from over 4,000...
A recent CDP Corporate Health Check reveals that 80% of companies on track to meet climate targets now tie executive pay to achieving these goals, underscoring the importance of governance...
A new report by the Transition Pathway Initiative (TPI), based at the London School of Economics, finds that 30% of the world’s largest corporate emitters now have climate targets aligned...
Key Impact Points: The European Commission has approved a €3 billion Swedish scheme to support carbon capture and storage (CCS) aimed at reducing biogenic CO2 emissions. This initiative aligns with...
The Council formally adopted the regulation on CO2 emission standards for heavy-duty vehicles, amending and strengthening the existing EU rules. The updated rules will further reduce CO2 emissions from road transport and will introduce...
Members of the bank-led, UN-convened Net-Zero Banking Alliance (NZBA) have chosen to update and reinforce their climate commitments by voting to adopt a new version of the Guidelines for Climate...
A.P. Moller – Maersk´s (Maersk) greenhouse gas emissions targets have been validated by the Science Based Targets initiative (SBTi) to be in line with the 1.5-degree pathway from the Paris...
Key Impact Points: With 457 votes in favour, 92 against and 32 abstentions, MEPs endorsed a deal reached with the Council to further cut emissions from fluorinated gases. The text foresees...
Germany’s CO₂ emissions fell to their lowest level in 70 years in 2023. A large part of this reduction is due to an unexpectedly sharp decline in coal use. At...
Estonia, a nation renowned for its resilience and pioneering innovation, is taking centre stage at the imminent COP28 in Dubai. Committed to addressing the pressing global climate crisis, Estonia aims to align with international climate...
Euronext announced the launch of the CAC SBT 1.5°, an index investing solely in companies within the SBF 120 Index that have emissions reduction targets approved to be in line...
To further combat climate change, Swedbank has adopted 2030 decarbonisation targets for the lending portfolio. The targets are in line with the global 1.5° C target and have been set...
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