Businesses have long recognized the need to decarbonize operations through setting GHG emission reduction targets, but these goals are typically short-term and incremental in nature – usually based on past performance or regulatory requirements. Science-Based Targets (SBTs) are far more ambitious and go beyond current legislation. They are aligned with climate science and stated aims of the Paris Climate Agreement. Their time horizon is longer (up to 2050) and require more aggressive cuts in emissions.
March 27, 2019 /3BL Media/ The sustainability nonprofit organization Ceres applauds U.S. House leaders for taking bold action today with the introduction of new legislation aimed at tackling climate change by ensuring the U.S. remains in the historic Paris Agreement.
by Gabe Rissman Co-Founder and President, YourStake.org
I rose to the podium, looked Exxon then-CEO Rex Tillerson in the eye, and spoke. “Why does Exxon fund climate-denying organizations, when you publicly support a carbon tax?” Tillerson deflected the question at the time: “we would never impinge on ALEC’s free speech.” D’oh. Two years later, in July 2018, Exxon ceased funding ALEC, the climate change denying organization I highlighted.
A dramatic upsurge in demand for renewable energy from ambitious multinational companies is now shifting markets away from fossil fuels in more than 140 markets worldwide, a new RE100 report reveals. RE100 is the corporate leadership initiative led by The Climate Group in partnership with CDP, bringing together the world’s most influential businesses committed to 100% renewable power.
Agriculture accounts for around 9 percent of total greenhouse gas emissions in the United States, according to the U.S. Environmental Protection Agency. The global tally of agricultural emissions is even higher, with estimates ranging from 13 to 24 percent of total GHGs.
By Matthew Blume, CFA , Director of ESG Research and Shareholder Advocacy, Appleseed Capital
What was once considered the limited domain of environmental and social activists has grown to become an established force in the capital markets that should be ignored at your own risk. The space is expanding and evolving at an accelerating rate, and this trend shows no signs of turning. Over the past few years, we have seen unprecedented asset flows into ESG, SRI, and Impact Investing strategies; at last count, more than $8.6 trillion in assets were invested in some kind of socially responsible or impact-focused investment strategy.
What would a repeal of the Clean Power Plan (CPP) actually mean? The announcement that the EPA is seeking to repeal the CPP raises some valid questions about the future of clean energy and carbon emissions in the U.S. To understand the impact, let’s look at some important context.