Paris

The road is long and time is short, but Australia's pace towards net zero is quickening

Retrieved on: 
Sunday, October 1, 2023

Coal has been mined here for more than 200 years, providing generations of people with good livelihoods and lives.

Key Points: 
  • Coal has been mined here for more than 200 years, providing generations of people with good livelihoods and lives.
  • The Hunter is developing a clean manufacturing precinct, and state and federal governments are investing heavily in the effort.
  • Even in the Hunter, with its long fossil fuel history, change is in the air.
  • The road is long and time is short, but our pace is quickening.
  • Last week, the US Treasury advised that financial institutions’ net zero plans should be in line with a 1.5℃ pathway.
  • The progress in technology in that time demonstrated potential to bring emissions to net zero over a decade faster than previously shown.
  • With a clear view of what is needed to bring homes to net zero, other states and the federal government can follow its lead.
  • The Net Zero Authority – created in July to help “seize the opportunities of Australia’s net zero transformation” – is the layer of connective tissue that will help these precincts succeed.

AIIB, Türkiye Sign EUR150 Million Loan Agreement as Additional Funding for Istanbul Seismic Mitigation and Emergency Preparedness

Retrieved on: 
Friday, September 29, 2023

SHARM EL SHEIKH, Egypt, Sept. 29, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has approved a loan of EUR150 million for the Istanbul Seismic Risk Mitigation and Emergency Preparedness Additional Financing (ISMEP-AF) project.

Key Points: 
  • SHARM EL SHEIKH, Egypt, Sept. 29, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has approved a loan of EUR150 million for the Istanbul Seismic Risk Mitigation and Emergency Preparedness Additional Financing (ISMEP-AF) project.
  • To formalize the agreement, a virtual signing ceremony was conducted between AIIB and the Republic of Türkiye on Sept. 27, 2023.
  • Through AIIB's Crisis Recovery Facility, the Bank also provided assistance to help the Government of Türkiye manage its COVID-19 response.
  • AIIB is closely working with Türkiye to further deepen its engagement to support Türkiye's development agenda.

ESAs analyse the extent of voluntary disclosure of principal adverse impacts under the SFDR

Retrieved on: 
Friday, September 29, 2023

ESAs analyse the extent of voluntary disclosure of principal adverse impacts under the SFDR

Key Points: 
  • ESAs analyse the extent of voluntary disclosure of principal adverse impacts under the SFDR
    The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their second annual Report on the extent of voluntary disclosure of principal adverse impacts under the Article 18 of the Sustainable Finance Disclosure Regulation (SFDR).
  • - When financial market participants do not consider principal adverse impacts, they should better explain the reasons for not doing so.
  • Background
    Principal Adverse Impacts (PAI) are the most significant negative impacts of investments on the environment and people.
  • When a financial market participant considers principal adverse impacts, it means that it should seek to reduce the negative impact of the companies they invest in.

E Ink Holdings Inc. has Achieved Science-Based Targets Validation and Approval

Retrieved on: 
Thursday, September 28, 2023

The SBTi has classified E Ink’s scope 1 and scope 2 target ambition as in line with a 1.5˚C trajectory.

Key Points: 
  • The SBTi has classified E Ink’s scope 1 and scope 2 target ambition as in line with a 1.5˚C trajectory.
  • E Ink has joined the SBTi, committing to the near-term, long-term, and net-zero carbon emissions targets and has also pledged the 'Business Ambition for 1.5°C.'
  • Following a rigorous review process, the SBTi has validated and approved E Ink’s GHG emissions reduction targets.
  • In addition to climate change management, E Ink takes action to support habitat restoration and promote environmental sustainability.

L.E.K. Consulting Emissions Reduction Targets Approved by Science Based Targets Initiative

Retrieved on: 
Thursday, September 28, 2023

BOSTON, Sept. 28, 2023 /PRNewswire/ -- L.E.K. Consulting today announced that the Science Based Targets initiative (SBTi) has validated its ambitious science-based emissions reduction targets to reach net-zero greenhouse gas (GHG) emissions by 2050, making it the first major global strategy consultancy to have a net-zero target approved by the SBTi.

Key Points: 
  • Consulting today announced that the Science Based Targets initiative (SBTi) has validated its ambitious science-based emissions reduction targets to reach net-zero greenhouse gas (GHG) emissions by 2050, making it the first major global strategy consultancy to have a net-zero target approved by the SBTi.
  • joined the SBTi and committed to set near- and long-term emissions reduction targets in line with the latest climate science.
  • Consulting's approved science-based emissions reduction targets include:
    Overall net-zero: Reach net-zero GHG emissions across the value chain by 2050.
  • has already made strong progress toward its environmental goals, with a 26% reduction in total emissions compared to 2019.

AkzoNobel shares sustainable architectural solutions at the International Greenbuild conference

Retrieved on: 
Thursday, September 28, 2023

NASHVILLE, Tenn., Sept. 28, 2023 /PRNewswire/ -- AkzoNobel (AKZA; AKZOY) presented sustainable paints and coatings solutions for green buildings at the International Greenbuild Conference in Washington, D.C.

Key Points: 
  • NASHVILLE, Tenn., Sept. 28, 2023 /PRNewswire/ -- AkzoNobel (AKZA; AKZOY) presented sustainable paints and coatings solutions for green buildings at the International Greenbuild Conference in Washington, D.C.
  • The increasing adoption of green building codes and standards aids the construction industry in reducing its carbon footprint and promoting sustainable practices within the region.
  • These green building standards have helped meet the growing demand for sustainable structures by reducing the environmental impact of buildings.
  • AkzoNobel used its sustainable coatings solutions on important U.S. green buildings, contributing to LEED certifications.

Ameren Missouri outlines least-cost approach to reliably meet customer energy needs in an environmentally responsible manner

Retrieved on: 
Tuesday, September 26, 2023

The plan calls for investment in new on-demand energy sources to ensure the long-term stability of the energy grid and accelerated deployment of renewable energy generation.

Key Points: 
  • The plan calls for investment in new on-demand energy sources to ensure the long-term stability of the energy grid and accelerated deployment of renewable energy generation.
  • Ameren Missouri's Integrated Resource Plan (IRP) is designed to meet the projected energy needs of its customers in an increasingly electrified future.
  • "By making smart investments in an environmentally responsible way, we're strengthening the energy grid without compromising on affordability."
  • This 1,200-MW facility is now scheduled to go in service following the retirement of the Sioux Energy Center in 2032.

EU group names Trina Solar Decarbonisation Leader

Retrieved on: 
Monday, September 25, 2023

The Decarbonisation Leader award aims to create a role model to inspire more companies to reduce carbon emissions, achieve green growth and promote sustainable development.

Key Points: 
  • The Decarbonisation Leader award aims to create a role model to inspire more companies to reduce carbon emissions, achieve green growth and promote sustainable development.
  • Trina Solar attaches great importance to carbon emissions control in all aspects of the life cycle of modules.
  • By the first half of 2023 Trina Solar had shipped over 150GW of solar modules to more than 160 countries and regions.
  • Trina Solar, adhering to the mission of "Solar energy for all", is committed to leading the way in smart solar energy solutions and facilitating the transformation of new power systems for a net-zero future.

EU group names Trina Solar Decarbonisation Leader

Retrieved on: 
Monday, September 25, 2023

The Decarbonisation Leader award aims to create a role model to inspire more companies to reduce carbon emissions, achieve green growth and promote sustainable development.

Key Points: 
  • The Decarbonisation Leader award aims to create a role model to inspire more companies to reduce carbon emissions, achieve green growth and promote sustainable development.
  • Trina Solar attaches great importance to carbon emissions control in all aspects of the life cycle of modules.
  • By the first half of 2023 Trina Solar had shipped over 150GW of solar modules to more than 160 countries and regions.
  • Trina Solar, adhering to the mission of "Solar energy for all", is committed to leading the way in smart solar energy solutions and facilitating the transformation of new power systems for a net-zero future.

AtkinsRéalis ESG Report: A Journey to Engineer a Better Future For Our Planet and its People

Retrieved on: 
Monday, September 25, 2023

"Approximately half of our total revenues in 2022 were derived from projects contributing to a sustainable future and carbon free economy.

Key Points: 
  • "Approximately half of our total revenues in 2022 were derived from projects contributing to a sustainable future and carbon free economy.
  • In doing so, we are ultimately living up to our purpose: to engineer a better future for our planet and its people."
  • "The last year saw us take a number of measures to enhance accountability and introduce rigour to our ESG processes," said Hentie Dirker, Chief ESG and Integrity Officer, AtkinsRéalis.
  • Conducted a materiality assessment and realigned the Company's ESG priorities with its new purpose: "Engineering a better future for our planet and its people".