23-Aug-2021
Nigeria to end gas flaring by 2030
The Nigerian government has pledged to end the burning of gas as a by-product of oil production by 2030, under its latest climate plan submitted to the UN.
23-Aug-2021
UK announces plans for a hydrogen economy
The UK’s first-ever Hydrogen Strategy will unlock over £4b in investment to establish a low carbon hydrogen sector in the UK by 2030.
23-Aug-2021
Origin must align lobbying and capex with Paris Agreement
The Australasian Centre for Corporate Responsibility (ACCR) has filed two shareholder resolutions with Origin Energy requesting the company to align its capital expenditure with a 1.5°C pathway.
23-Aug-2021
China approves renewable mega-project for green hydrogen
The Chinese region of Inner Mongolia has approved a power project that will use solar and wind to produce 66,900 tons of green hydrogen a year.
23-Aug-2021
HK SFC finalises managers’ climate risk rules
Fund managers have 12-15 months to comply with the requirements, which cover governance, investment management, risk management and disclosure.
23-Aug-2021
PNC commits $20b to environmental finance
The PNC Financial Services Group announced today it is committing $20 billion over five years in support of environmental finance.
16-Aug-2021
Ceres report shows’ lack of Scope 3 action by food brands
A new report from nonprofit Ceres found that most of the major food brands are still not disclosing greenhouse gas emissions, nor reporting SBTi.
16-Aug-2021
Canadian tar sands producers commit to net zero by 2050
The alliance of Canadian oil producers has committed to net zero makes while continuing to extract and produce oil for the next 30 years.
16-Aug-2021
Emissions must peak within 4 years, says IPCC leak
The leak is from the forthcoming third part of the landmark report by the Intergovernmental Panel on Climate Chang.
16-Aug-2021
Brazil to invest $4b in coal
The Mines and Energy Ministry has published a “programme for the sustainable use of national mineral coal”, which aims to leverage $3.9b in coal.
16-Aug-2021
Japan to launch Nikkei GDP-emissions reductions indicator
Japan’s government will create a new indicator aimed at reflecting the country’s progress in reducing greenhouse gas emissions compared with its GDP.
16-Aug-2021
Tech Zero taskforce reaches 100 members milestone
The coalition has amassed the support of more than 100 businesses.
16-Aug-2021
Biden eyes 2050 fossil-free aircraft fuel requirement
U.S. President Joe Biden’s administration is discussing a target date of 2050 for weaning aircraft off fossil fuels by 2050.
16-Aug-2021
RSK Group signs for £1bn sustainability-linked loan
Under the terms of the loan, RSK will benefit from lower margins if it delivers its sustainability targets relating to carbon emissions, ethics and health and safety.
16-Aug-2021
ExxonMobil suspended from climate group
ExxonMobil had been a founding member of the Climate Leadership Council since 2017.
16-Aug-2021
PRI delays reporting overhaul to 2023
The Principles for Responsible Investment (PRI) has delayed an overhaul of the reporting it requires of its signatories until 2023.
16-Aug-2021
Cabot executes $1b sustainability-linked credit facility
Cabot has replaced its existing $1b unsecured revolving credit agreement while adding a sustainability-linked pricing mechanism to the new agreement.
16-Aug-2021
Carrier to be carbon neutral by 2030
As part of its 2030 sustainability strategy, Carrier aims to be carbon neutral across its operations and to reduce customers’ carbon footprint by 1 gigaton.
16-Aug-2021
Hartford Funds enters ESG ETF market
Hartford Funds announced the launch of its first ESG-focused exchange-traded fund, Hartford Schroders ESG US Equity ETF.
16-Aug-2021
Japan eyes mandatory solar for new homes by 2030
The Ministry of Land, Infrastructure, Transport and Tourism aims to install solar power generation equipment in 60% of new homes by 2030.