net zero emissions News

Regulators Move to Stop Greenwashing Before It Gets Worse

In 2021, a series of HSBC advertisements started appearing on bus stops around the UK. Part of a campaign centered on the slogan “Climate change doesn’t do borders,” the posters paired images of trees and ocean waves with statements about …

Climate Change Sends Most Indicators of Earth’s Health Into Danger Zone: Study

From dangerously warm temperatures to vast species extinctions, humans are living on a planet that is becoming inhospitable — with only three key health markers considered safe, according to a new scientific study. Researchers have run a full fitness examination …

World’s Largest Ports May Be Unusable by 2050 Without More Climate Action: Report

Some of the world’s largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up decarbonization of the maritime sector and bring in new technology are vital, a study showed on Friday. Weather-related …

Allianz Unveils €20 Billion Spending Target in Net-Zero Transition Plan

Allianz SE is planning to invest €20 billion ($21.4 billion) in renewable energy and low-carbon technology by 2030, as it unveils its first ever net zero transition plan. The German insurance and asset management giant also plans to increase revenues …

World Losing Race to Meet Climate Goals, COP28 President Says

The world is losing the race to meet its climate change goals, the president of the upcoming COP28 summit said on Tuesday, as African leaders called for changes to what they say is an unfair international climate finance system. The …

EU to Seek COP28 Deal on Phasing Out Fossil Fuels: Draft Document

European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU’s negotiating position showed. Diplomats from the bloc’s 27 …

Investors Call on Proxy Adviser ISS to Overhaul its Net-Zero Proxy Advice

More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonize faster, saying its policies had failed to keep pace with rising climate change risks. Institutional Shareholder Services (ISS) …

2023 Summer Heatwaves – Insights on Heat Stress in a Changing Climate: RMS

Executive summary: Climate change, caused by human activity, is already leading to an increase in the frequency and severity of hot extremes, including heatwaves. While it is difficult to ascribe any given event to climate change, Moody’s RMS says, extreme …

Growing ‘Greenlash’ Fuels Fears for Europe’s Environmental Ambitions

A growing ‘greenlash’ against Europe’s environmental agenda has not so far derailed its decarbonization plans, but looming elections could put future climate and nature measures at risk. The European Union (EU) has burnished its role as a leader on climate …

Zurich Insurance CEO Criticizes Climate Alliances After Exodus

The chief executive officer of Zurich Insurance Group AG has spoken out against the network of voluntary climate alliances that represent some of the biggest names in global finance, calling them “political and bureaucratic.” Mario Greco, who led his firm …