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Tag: Net Zero
Doubling Down on Green Energy Spain’s Iberdrola, Europe’s largest electricity company, announced plans to double its UK investment to £24 billion ($31 billion) between 2024-2028. The move, ahead of the...
Advancing Climate Intelligence S&P Global has launched the S&P Global Climate Center of Excellence, aimed at enhancing long-term climate, environmental, and nature research. The center brings together top scientists and...
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Real estate is crucial in the global emissions landscape, contributing approximately 40% to the total. As efforts to reach net zero intensify, it becomes imperative to accurately assess and mitigate...
Asda has unveiled a new initiative within its Supply Chain Finance programme to drive enhanced sustainability practices among its suppliers. Collaborating with HSBC UK, the retailer is set to introduce...
LSEG’s Commitment to Transition Finance The London Stock Exchange Group (LSEG) has contributed to the latest Glasgow Financial Alliance for Net Zero (GFANZ) publication, titled “Case Studies on Transition Finance...
Climate Takes Priority A growing number of asset owners, including pension funds, insurance accounts, and endowments, are prioritizing climate over social and governance issues in their investment decisions. According to...
The Biden-Harris Administration, through the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED), has announced plans to provide up to $1.8 billion in funding to support the growth...
Climate Asset Management (CAM) announced the final close of its Natural Capital Fund and Nature-Based Carbon Fund, raising over $1 billion. Partnering with Apple’s Restore Fund, the funds focus on...
Meta’s 2024 Responsible Business Practices Report highlights our commitment to minimizing negative societal impacts while maximizing positive contributions. Themed “Unlocking Potential,” it showcases our progress across transparency, sustainability, and empowerment...
ING has released its Climate Progress Update 2024, highlighting how it engages with clients in transitioning to a low-carbon economy. The update reflects ING’s commitment to steering the most carbon-intensive...
SBTi Expands Corporate Net-Zero Standard to Refine Emission Neutralization The Science Based Targets initiative (SBTi) is advancing its efforts to help companies achieve net-zero by revising its Corporate Net-Zero Standard....
Meta (META.O), the parent company of Facebook and Instagram, has agreed to purchase up to 3.9 million carbon offset credits from BTG Pactual’s forestry arm in Latin America by 2038....
More than 530 financial institutions, managing over $29 trillion in assets, are pressuring governments worldwide to take decisive action on the climate crisis. In a joint statement ahead of COP29,...
The Commission’s Approval The European Commission has approved Poland’s €1.2 billion (PLN 5 billion) state aid scheme, designed to drive investments in sectors crucial for the shift to a net-zero...
HSBC Asset Management (HSBC AM) expands its private credit capabilities by launching the Global Transition Infrastructure Debt and European Senior Direct Lending strategies, further scaling its USD 6.5 billion global...
The 2024 UK Net Zero Business Census sheds light on the nation’s progress toward reducing carbon emissions. The study, which is the largest of its kind, surveyed over 2,000 businesses,...
Volvo Trucks is set to revolutionize the electric truck market with its latest model, which boasts a range of up to 600 km on a single charge. This new capability...
The Abu Dhabi Department of Energy (DoE) is taking significant steps to foster a culture of sustainability among the younger generation in Abu Dhabi. By launching a series of initiatives,...
Wells Fargo is leveraging its scale to spearhead a shift toward sustainability. According to the August 2024 Climate Report, the bank is focused on decarbonizing its operations and helping customers...
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