Tag: net zero economy

Rolls-Royce launches pathway to power net zero economy

Stuart Mitchell

Rolls-Royce recently announced their global pathway to Net Zero by 2050. Below is the announcement on their website: Accelerating the race to a zero carbon economy We are today setting out our near-term actions to achieve net zero by 2050 at the latest. Our pathway shows how we will focus our technological capabilities to play a leading role in enabling significant elements of the global economy to get to net zero carbon by 2050, including aviation, shipping, and power generation. This includes the development of new technologies, enabling an accelerated…

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HSBC sets out ambition to build a net zero economy

Stuart Mitchell

HSBC has announced an ambitious plan to prioritise financing and investment that supports the transition to a net zero global economy, citing a landmark opportunity to build a thriving, resilient future for society and businesses. The bank is committing to align its financed emissions – the carbon emissions of its portfolio of customers – to the Paris Agreement goal to achieve net zero by 2050 or sooner. HSBC has both the scale and global reach to play a leading role in guiding its customers through this transition and helping them…

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