Tag: Climate Action

UNDP Call in Top PR Talent to Tackle Climate Crisis

Stuart Mitchell

The United Nations Development Programme (UNDP) has signed a Memorandum of Understanding (MoU) with the International Communications Consultancy Organisation (ICCO), the global membership body for PR agencies, to take on the climate crisis and tackle persistent communications challenges. UNDP is the largest United Nations agency leading the fight against climate change with 6000 projects across 170 countries. ICCO is a federation of national and international PR membership bodies, with over 3000 agency members across 82 countries. The UNDP’s partnership with ICCO is headlined by the creation of a special Climate…

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Mars Pledges Fresh Climate Action to Achieve Net Zero Emissions Across Full Value Chain

Stuart Mitchell

Mars, Incorporated has announced its commitment to achieve net zero greenhouse gas (GHG) emissions across its full value chain by 2050, aligning with the most ambitious aim of the Paris Agreement to limit global temperature rises to 1.5 °C. This stepped-up commitment follows findings in the July Intergovernmental Panel on Climate Change (IPCC) report which reinforced the urgency of achieving net zero globally to prevent the worst impacts of global warming – a critical focus of next month’s COP26 Climate Conference in Glasgow. Mars is joining the Science Based Targets…

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JPMorgan Chase Targets More Than $2.5 Trillion over 10 Years to Advance Climate Action and Sustainable Development

Stuart Mitchell

JPMorgan Chase aims to finance and facilitate more than $2.5 trillion over 10 years – beginning this year through the end of 2030 – to advance long-term solutions that address climate change and contribute to sustainable development. The firm will bring together its capital and expertise to help clients, customers and communities address these vital issues. This long-term target complements the firm’s Paris-aligned financing strategy and will help accelerate the transition to a low-carbon economy by encouraging actions that set a path for achieving net-zero emissions by 2050. The firm…

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HSBC, IFC “Real Economy” Green Bond Fund Raises $538M at Final Close for Climate Action

Stuart Mitchell

HSBC Asset Management and IFC, a member of the World Bank Group, have announced the final closing of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), boosting access to climate finance and helping further develop the market for green bonds. REGIO, the first green bond fund focused on well-diversified climate-smart investments in “real economy” issuers in emerging market countries, closed with total investor commitments of $538 million following further investment from two European investors. REGIO uses both public and private capital to build climate change-mitigation capacity in…

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Mars Launches New Coalition to Mobilize Suppliers & Accelerate Climate Action

Stuart Mitchell

Mars, Incorporated, in partnership with sustainability consultancy Guidehouse, has announced the formation of a new coalition, the Supplier Leadership on Climate Transition (Supplier LoCT), to mobilize suppliers on climate action. The partnership aims to drive industry-wide movement by providing suppliers with the knowledge, resources and tools to develop their own climate plans to reduce their impact on the planet. In its first year, the program will focus on helping suppliers understand the foundations of greenhouse gas (GHG) reductions in their own businesses, including core knowledge of how to calculate their…

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