Listed companies fail to align with Paris Agreement
MSCI (NYSE:MSCI) has released its latest net zero tracking report, revealing that only 17% of listed companies’ decarbonisation targets are aligned with the goals of the Paris Agreement.
MSCI (NYSE:MSCI) has released its latest net zero tracking report, revealing that only 17% of listed companies’ decarbonisation targets are aligned with the goals of the Paris Agreement.
Many companies are overstating their sustainability credentials as they feel the pressure of being considered green, according to a global survey of executives.
MPs claim oil companies have “failed to be transparent” about the extent of their investment in low-carbon energy, amid warnings the UK will miss its 2035 deadline to slash power sector emissions.
Pension funds are expressing “deep frustration” with the net zero strategy of BP (LON: BP) as the firm’s chairman, Helge Lund, looks to be re-elected at the supermajor’s AGM.
Google (NASDAQ:GOOG) has released the results of its second annual Global Sustainability Survey, showing that leaders are struggling to address ESG issues and sustainability.
Analysis from EY shows that, following the UK Government's own framework, almost no company is adequately preparing for the low carbon transition. This is despite a 2021 pledge at the Glasgow COP that UK companies would be required to publish transition plans by 2023.
The Government of Canada has published its 2023 Budget, where it has proposed investments and tax credits to build a competitive domestic net zero economy.
Following the UK update of its green strategy, Matthew Lewis (partner and UK head of energy & utilities sector), James Watson (partner and head of decarbonisation) and Nick Thody (head of knowledge) at Osborne Clarke explore how international rivalry is driving green industrial policy through Europe's response to US policy.
Activists have hit out at a Shell boss being given joint oversight with the regulator for the North Sea industry energy transition.
Financial think tank Planet Tracker has done an analysis of PepsiCo's (NASDAQ: PEP) public statements, warning that, on its current emissions trajectory, the company could be exposed to $4.4 billion of climate-related risk each year by the end of the decade.