Tag: Climate Change

FCA announces future work on climate change and green finance

Stuart Mitchell

The FCA has published a feedback statement setting out its proposals to improve climate change disclosures by issuers and information to consumers on green financial products and services. The Statement identifies a number of priorities, which will provide a foundation for the FCA’s future work on climate change and green finance. These include issuers’ climate change disclosures, regulated firms’ integration of climate change risk and opportunities into their decision-making and consumers’ access to green financial products and services. Andrew Bailey, Chief Executive of the FCA said: ‘We have an important…

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New international standard helps organizations adapt to climate change

Stuart Mitchell

BSI, the business improvement company, has published the first standard on climate adaptation, BS EN ISO 14090 Adaptation to climate change – Principles, requirements and guidelines. It offers a framework that enables organizations to give appropriate consideration to climate change adaptation when designing and implementing policies, strategies, plans and activities. Organizations are facing the physical, financial, regulatory and reputational impacts of climate change. How they respond is scrutinised by investors, consumers and the media alike. No matter the sector that the organizations operate in, they are increasingly held accountable for…

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Nestlé Accelerates Action to Tackle Climate Change and Commits to Zero Net Emissions by 2050

Stuart Mitchell

Nestlé has announced its ambition to achieve zero net greenhouse gas emissions by 2050. It embraces the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C. Ahead of the U.N. Secretary-General’s Climate Action Summit this month, Nestlé will sign the ‘Business Ambition for 1.5°C’ pledge. With this announcement Nestlé is accelerating its climate change efforts. This builds on a decade of work to reduce greenhouse gas emissions. Over the past four years, Nestlé has aligned its objectives with science-based targets to keep the temperature increase…

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477 investors with USD $34 trillion in assets urge G20 leaders to keep global temperature rise to 1.5 degrees Celsius

Stuart Mitchell

Amundi, California State Teachers’ Retirement System (CalSTRS), Legal & General Investment Management, Natixis Investment Managers, Mitsubishi UFJ Financial Group, and Sumitomo Mitsui Asset Management, among a record number of signatories to the Global Investor Statement to Governments on Climate Change. Investors from around the globe are urging world government leaders to step up ambition on climate change and enact strong policies by 2020 to achieve the goals of the Paris Agreement, including phasing out thermal coal power and pricing carbon. 477 investors with $34 trillion (USD) in assets, a record…

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Nature-inspired Climate Change Solutions to Be Showcased at Inaugural Circular Economy Event

Stuart Mitchell

Seven international entrepreneurial teams will take the stage at GreenBiz Group’s Circularity 19 event in Minneapolis this June to find out who will win the world’s premiere biomimicry design prize. The $100,000 Ray of Hope Prize, sponsored by the Ray C. Anderson Foundation, will be awarded to one of seven finalist teams in the Biomimicry Institute’s  Launchpad, an accelerator program for early-stage, nature-inspired innovations. A $25,000 second prize from an anonymous donor will also be awarded. “Awarding the Ray of Hope Prize is one of the highlights of our year,” said John A. Lanier, executive…

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