Tag: Climate Action

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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2021 seen as a crucial year for climate action as optimism swells

Stuart Mitchell

People across the UK are looking to 2021 as a vital year for tackling the climate emergency and are planning a renewed surge of environmental action. New research from Triodos Bank can reveal that the majority of people in the UK (60%) believe that 2021 will be a pivotal year for building a greener future, especially as President-elect Joe Biden promises a renewed focus on leading the global response to the climate emergency – as the world builds back from Covid-19 and looks ahead to the postponed United Nations Climate…

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HSBC Global Asset Mgmt, IFC Fund Raises $474M For Climate Action in Emerging Markets

Stuart Mitchell

HSBC Global Asset Management and IFC, a member of the World Bank Group, have announced the third closing of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), which has raised $474 million of new financing to support climate mitigation investments across emerging markets in spite of prevailing market turmoil. Emerging market countries have been hit by some of the worst impacts of climate change and many are insufficiently equipped to address them. REGIO is designed to attract investments into these economies, enabling their energy transition and helping…

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Climate Action for Jobs Initiative launched by UN Secretary-General and ILO Director-General

Stuart Mitchell

UN Secretary-General, António Guterres, and ILO Director-General, Guy Ryder, have launched the Climate Action for Jobs Initiative , during the COP25 climate change conference in Madrid, alongside the environment ministers of Spain and Germany. The Initiative provides a roadmap to boost climate action, while ensuring that jobs and human well-being are at the centre of the transition to a carbon-neutral and climate-resilient economy. Speaking at the launch, UN Secretary-General, António Guterres, said that millions of workers were on the front lines of the fight against climate change. “The answer to the…

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UNHCR launches sustainable energy strategy, strengthens climate action

Stuart Mitchell

In recognition of the growing climate crisis and to boost refugees’ access to safe and sustainable energy, while minimizing its own environmental impact, UNHCR, the UN Refugee Agency, launched a four-year Global Strategy for Sustainable Energy. The strategy promotes the transition to clean, renewable energy at refugee camps and hosting sites, including for individual households, communal areas and support facilities. “There is no escaping the fact that climate change is contributing to underlying causes of conflict and displacement. From drought and famine to more frequent extreme weather events, the impacts…

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