06-Sep-2021
AT&T to reduce 1GT of carbon emission, launches initiative
AT&T launched the Connected Climate Initiative, a collaborative effort to reduce emissions among businesses by a gigaton relative to 2018 levels by 2035.
06-Sep-2021
EU benchmark carbon price breaches 60 euros
The European benchmark price for carbon allowances climbed above 60 euros per tonne for the first time.
06-Sep-2021
Hainan province eyes international carbon trading platform
China’s Hainan province is considering setting up an international carbon emissions trading exchange to connect China’s ETS with the global market.
06-Sep-2021
South Korea legislates carbon neutrality act
Korea became the 14th country in the world to legislate a carbon neutrality act after the National Assembly passed the related bill.
06-Sep-2021
Shell to pull misleading ‘Carbon Neutral’ offset campaign
The Netherlands’ Advertising Code Committee stated that Shell had not provided evidence that it is offsetting the emissions in full.
06-Sep-2021
Scentre Group to halve emissions in 2025
Property firm Scentre Group committed to cut at least half of its Scope 1 and 2 emissions by 2025, with the remaining half to be cut before its final 2030 target.
06-Sep-2021
Green bonds market on track for a record half trillion year
Green, Social and Sustainability (GSS) bonds, Sustainability-linked bonds (SLB), and Transition bonds reached $496.1 billion in H1 2021 as markets surge.
06-Sep-2021
Genesis to go all-electric by 2025, end ICEs
Luxury auto brand Genesis announced an end to new ICE models in 2025 and plans for a 100% zero-emission lineup by 2030.
06-Sep-2021
Holcim Group targets net-positive nature impact
Holcim has also announced new commitments to achieve water positivity at 75% of its sites by 2030.
06-Sep-2021
Large Australian banks test climate risks across loans
The five largest Australian banks are midway through conducting their first climate change stress tests.
06-Sep-2021
Prompt climate action a $11t opportunity for India
India must act now to prevent the country losing $35 trillion in economic potential over the next 50 years due to unmitigated climate change, according to a report from Deloitte Economics Institute.
06-Sep-2021
Saudi Arabia plans for MENA voluntary carbon trading
Saudi Arabia’s Public Investment Fund in collaboration with the Saudi Tadawul Group announced plans to establish an exchange for carbon offsets and credits within the MENA region.
06-Sep-2021
Companies cannot use ECT to sue governments for climate progress, top court says
The Court of Justice of the European Union today held that EU climate polluters could not use the arbitration system under the Energy Charter Treaty (ECT) to claim compensation in disputes between member states.
06-Sep-2021
Hotel groups develop hotel waste management framework
Accor, Hilton, Hyatt, IHG Hotels & Resorts, and Marriott International worked with WWF and Greenview to develop a methodology for the hotel industry.
30-Aug-2021
ESG Solutions launches SDG Alignment Screening
Moody’s ESG Solutions launched SDG Alignment Screening, a data solution that helps investors integrate the SDGs into SDG-aligned investment strategies.
30-Aug-2021
Pernod Ricard joins Business Ambition for 1.5°C campaign
Alcoholic beverage producer Pernod Ricard has Business Ambition for 1.5°C campaign.
30-Aug-2021
Fossil-Free Fashion Scorecard reveals failing sector
A new index ranking 47 large fashion brands on their efforts to remove fossil fuels from their supply chains and products has given most a failing grade.
30-Aug-2021
Santos sued for clean fuel and 2040 net zero claims
A shareholder activist group is taking Australian oil company Santos to court over its claims it produces “clean fuel” and plans to reach net zero by 2040.
30-Aug-2021
Sweden enlists Gold Standard for Article 6
The Swedish Energy Agency has entered into a partnership with climate standard certifier Gold Standard in the context of its international climate co-operation activities under Article 6 of the Paris climate agreement.
30-Aug-2021
Pacific islands call for zero carbon shipping by 2050
Three climate vulnerable Pacific nations have asked the world’s governments to agree to aim to make international shipping emissions-free by 2050.