Corporate Climate News

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Found 1,987 results. Page 4 of 100.


EU ETS price posted largest weekly gain in 5 years

The EU ETS price jumped to €81.21 last week, up 18.2% from the week before off the back of lower energy prices.


US makes $1.5Bn investment to upgrade national laboratories

The investment to upgrade the country’s labs will ensure they can nurture the newly-identifed ‘Game Changers’, 37 R&D opportunities identified across agencies


Semiconductor consortium pledges to net-zero by 2050

The Semiconductor Climate Consortium, which 65 companies have joined in November 2022, have pledged to achieve net-zero by 2050.


Germany introduces unlimited train travel for €1.40 a day

The German government has introduced the €49-a-month scheme to lure passengers to rail travel to cut emissions.


GM secures 100% renewable energy for US operations

The American automaker General Motors (GM) has signed deal to make all US production sites run on renewable energy by 2025, 5 years ahead of schedule.


France to restore 10% of forest cover by 2030

The goal is part of the French Forest Strategy by 2030, which aims at preserving carbon and biodiversity


UOB commits to net-zero by 2050

The Singapore-based United Oversears Bank (UOB) has committed to net-zero by 2050 to help the ASEAN transition to a sustainable economy.


China to strengthen emissions standards and measurements

Beijing aims to establish a standards and measurement system for cutting GHG emissions, a lack of which was widely blamed for the country’s carbon market woes.


London Pensions Fund Authority launches climate action plan

Through asset goals and portfolio goals, the London fund commits to maintaining a Paris-aligned portfolio.


IMF suggests $25-$75/ton international carbon price floor

The Managing Director of the International Monetary Fund (IMF) suggests an international carbon price floor as part of financial policies to net-zero.


California to propose legislation for zero-emission HGVs

The state could start incentivising the purchase of net-zero Heavy Goods Vehicles (HGVs) in 2024.


ReNew commits to net-zero by 2040

India’s largest renewable energy company by capacity has pledged to achieve net-zero by 2040, 30 years ahead of the nation’s 2070 target.


ECB sets deadlines for banks to pass climate stress tests

European banks will have until the end of 2024 to meet all supervisory expectations, as the new deadline is set by the European Central Bank (ECB).


Brazil Supreme Court ruling to reactivate the Amazon Fund

The move will see more than BRL 3Bn ($600m) unlocked following a three-year freeze ordered by previous President Jair Bolsonaro.


Nasdaq’s net-zero target approved by SBTi

The New York financial services firm has pledged to Scope 1 and 2 net zero by 2030, and Scope 3 reductions of 95% by 2050.


Oak Hill Advisors-led consortium purchases $1.8Bn of forest

Oak Hill Advisors and Bluesource’s US sustainable forests investment venture is acquiring a $1.8Bn timberland portfolio in a partnership with Anew Climate.


Greenpeace attacks TotalEnergies, TotalEnergies sues for libel

Greenpeace France released a report claiming the underreporting of TotalEnergies’ carbon emissions, prompting the oil major to launch legal action


Xcel Energy accelerates closure of coal plants, mires 2030 exit

The American utility has announced it will close its Polk, Texas coal-fired power plant by 2028, four years ahead of schedule, and to end coal company-wide by 2030


93% of companies set to miss on net-zero goals, report finds

Companies that have pledged to net-zero must more than double the pace of emissions reduction by 2030, otherwise risking to miss their targets.


Imerys to develop largest European lithium mine in France

The new mine would produce 34,000 tonnes of lithium hydroxyde annually from 2028, enough to equip 700,000 electrical vehicles.

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