Following global attention on the urgent need for biodiversity protection during last week’s Biodiversity Day, the Revenues for Nature (R4N) project announces it will be supporting an initial seven models globally designed to unlock up to $200 million investment into nature restoration and conservation. Through working with partners and governments, R4N, aims to demonstrate the replicability and scaling of models and mechanisms that unlock private sector investment, such as mitigation banking, payments for ecosystem services, commodity supply chain financing and more. Achieving global nature goals requires an additional $200 billion…
Search Results for: services
Ceres Calls on Canada to Support Policies for a Resilient, Low-Carbon Economy
In a letter sent to Canadian Prime Minister Mark Carney, the global sustainability nonprofit Ceres urged the new leader to support a forward-looking policy agenda for a cleaner, more resilient and investable economy. Ceres supports North American investors in addressing material financial risks and opportunities associated with climate change and other sustainability issues, who seek policy environments that support stable and sustainable economic growth. Nineteen Canadian investors representing $1.7 trillion in assets under management participate in the Ceres Investor Network of nearly 200 investors that includes many of the…
Vattenfall in pilot project with 200 electrical Volkswagen cars
Electricity usage in Sweden is expected to increase over the next 20 years, while the share of weather-dependent electricity also rises. Bidirectional charging, storage, and fossil free electricity are parts of a pilot project aimed at using electricity more efficiently. For example, using the electrical vehicle’s battery for more than just driving. To meet the need for more electricity in combination with rapid changes in production and demand, ancillary services and smart control services are increasingly being used. Vattenfall, Energy Bank, and Scania Volkswagen Dealers are now launching a pilot…
SHEIN’s Science-Based Net-Zero Target is Approved by SBTi
Fast fashion retailer Shein’s parent company has had its new emissions reduction targets verified by the Science Based Targets initiative (SBTi). It set out some of its plans to cut Scope 3 emissions on their website here. As a global online fashion and lifestyle retailer, we have reached a milestone in our climate journey with the Science Based Targets initiative (SBTi) validating our net-zero science-based target by 2050 and approving our near and long-term science-based emissions reduction targets. Our climate targets have been validated to conform with the SBTi Net-Zero…
CCLA’s first global modern slavery benchmark exposes corporate reliance on policy over practice
CCLA has announced the launch of its inaugural Global Modern Slavery Benchmark Pilot to evaluate how global companies combat modern slavery in their operations and supply chains. The pilot benchmark assesses the efforts of the 100 largest globally listed companies by market capitalisation that provide goods or services within the UK and are therefore subject to the UK Modern Slavery Act . As the UK marks the 10-year anniversary of its landmark Modern Slavery Act 2015, the benchmark assesses corporate performance against UK statutory requirements, government guidance, and international human…