Corporate Climate News

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Found 2,176 results. Page 107 of 109.


EU’s carbon border tariff to target steel, cement, power

The European Union plans to impose carbon emission costs on imports of goods, including steel, cement and electricity, according to leaked documents. The Commission is due to propose its carbon border adjustment mechanism on July 14.


EU, Bill Gates make joint push for $1b clean tech spur

The European Commission has announced a partnership with Bill Gates’ sustainable energy funding vehicle with the goal of unlocking new investments for clean tech and sustainable energy projects totaling up to $1 billion (€820 million) over five years (2022-2026).


Activist firm Engine No. 1 claims third Exxon board seat

A third Exxon board seat has been claimed by Engine No. 1, the activist firm that’s been targeting the oil giant over its dependence on fossil fuels.


Bank of England aims for net-zero emissions before 2050

Bank of England Governor Andrew Bailey said on Thursday that the central bank would cut the carbon emissions from printing banknotes and running its buildings to net zero by 2050 at the very latest.


JBS, Pfizer, others join Business Ambition for 1.5°C

New Business Ambition for 1.5°C campaign signees include: Kenya Electricity Generating Company (electricity-Kenya), Yum China Holdings (restaurants-China), JBS (meat processing-Brazil), Vistra (electricity-US), Boehringer Ingelheim (pharameuticals-US), Pfizer (pharameuticals-US), Corteva Agriscience (chemicals-US),  and ECOM Agroindustrial (coffee, cocoa, cotton-Switzerland).


Moscow Exchange and VTB to develop Russian carbon trading market

 A newly signed agreement brings Moscow Exchange and VTB together to establish the regulatory framework and requirements for the sale of greenhouse gas emission credits and green certificate under Russia’s new climate bill.


US, partners initiate marine areas protection program

The U.S., the U.K., Chile, Costa Rica and France launched the International Partnership on Marine Protected Areas, Biodiversity and Climate Change, which will give leaders information on these areas as a climate and biodiversity tool, the US National Oceanic and Atmospheric Administration (NOAA) announced. 


Highland Springs commits to net zero by 2040

Water producer/supplier Highland Spring Group has set a target to achieve net zero emissions by 2040 and become carbon neutral by the end of this year.


Pension scheme CEOs debate goals and pitfalls of net zero

Four chief execs from Aviva, Scottish Widows, BT Pension Scheme and Brunel Pension Partnership held These participated in a panel discussion moderated by former Bank of England Governor Mark Carney on behalf of Make My Money Matter.


G7 backs making climate risk disclosure mandatory

The Group of Seven (G7) wealthy countries backed moves to force banks and companies to disclose their exposure to climate-related risks. G7 finance ministers also called for more coordination to measure what impact companies are having on the climate and environment, warning of the risk of fragmentation as local jurisdictions adopt different approaches.


Major firms team up to rally 100 million staff to take ‘personal climate actions’

PwC UK, BT Group, Landsec, Reckitt, EDF and IKEA among firms backing global campaign to encourage climate-friendly behaviours among staff.


Russia passes first law to limit greenhouse gas emissions

Russian lawmakers for the first time have passed a law that will impose emissions reductions for certain companies and mandatory emissions reporting for others, along with a carbon credit system.


Biden’s budget proposes $36b for tackling climate change

US president Joe Biden released last week his proposed budget for fiscal year 2022, calling for over USD 36b (€29.5b) to be committed to fighting climate change, an increase of over $14b compared to 2021.


Coastal Arctic sea ice thinning faster than previously thought

Recent findings show that sea ice in the coastal Arctic may be thinning far faster than scientists believed, hence a need for adjusted climate models, while cooling effect of clouds may be underestimated.


Ceres, Clean Air Task Force launch US oil & gas analysis tool for investors

A new analysis from Ceres and the Clean Air Task Force allows investors to directly compare emissions intensity and total reported emissions for US oil and gas producers.


Taskforce on Nature-related Financial Disclosures launches

The much-anticipated Taskforce on Nature-related Financial Disclosures (TNFD) has launched, aiming to help businesses assess nature-related risks and opportunities, such as legal liabilities and systemic loss of soil fertility.


Investment Association calls on G7 to standardize climate disclosure

The UK Investment Association, which represents $12t in the  investment management industry, called on the G7 countries to do more to tackle climate change by committing to improve companies’ reporting on the climate-related risks they face.


BMW China car factories to reach carbon neutrality this year

German luxury automaker BMW its factories in China plan to reach carbon emissions neutrality by the end of this year, while its total carbon emissions in its Chinese production chain will fall 80% by 2030.


Disney, Google, Amazon and more launch Business Alliance to Scale Climate Solutions

Unilever, Amazon, Google, Microsoft, Disney, Netflix, Salesforce and Workday  are partnering with the U.N., the Environmental Defense Fund (EDF) and WWF  to devise ways to scale funding for climate solutions.


Kingfisher signs £550 sustainability-linked loan

Screwfix and B&Q’s parent firm Kingfisher has signed a £550m ($778m) revolving credit facility linked specific ESG objectives.

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