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November 17, 2022

125 billionaires emit as much CO2 as whole France

Oxfam, a poverty alleviation organization, found that the investments of 125 of the world’s richest individuals have a carbon footprint equivalent to the emissions of France.
November 02, 2022

Nearly all companies committed to net zero will fail goals without doubling pace of carbon reductions by 2030: Accenture

While more than 34% of the world’s largest companies are now committed to net zero goals, 93% will fail to meet their targets, if they don’t at least double the rate of emissions reduction by 2030, according to a new report from Accenture.
October 19, 2022

CCS facilities under development worldwide grows 44% in 2022

Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.
October 13, 2022

Buying carbon credit could curb company’s climate efforts, warns UK advisers

Using cheap carbon offsets to meet net zero targets could curb companies’ efforts to cut emissions and slow the delivery of climate goals, Britain’s climate change advisers said on Thursday.
October 07, 2022

BNEF: Renewables investment must quadruple by 2030

To reach net-zero emissions by 2050 and limit global warming to 1.5C temperature, investment in renewable energy sources needs to exceed finance flows to fossil fuels by a factor of four over the next decade, according to a report published by BloombergNE
October 05, 2022

Wood Mackenzie: Decarbonizing iron and steel industry requires $1.4 trillion investment

Decarbonizing the iron and steel industry requires $1.4 trillion of investment, of which $250 billion is for carbon credits, according to Wood Mackenzie’s latest report, Pedal to the Metal: Iron and steel’s $1.4 trillion shot at decarbonization.
July 05, 2022

Foxconn pushes supply chain to switch to 100% renewables

Foxconn has pledged to reach net zero carbon emissions for its operations in Taiwan by 2030, and to support more than 100 major suppliers in switching to 100% renewable energy by 2050, according to the electronics giant’s 2021 CSR report.
July 04, 2022

Only 35% of shipping companies committed to climate target by 2050, study says

According to a new study, only 33 major shipping firms have a publicly stated goal of achieving net zero by 2050 or have committed to IMO targets of 50% absolute reduction in 2050 compared to 2008, which accounts for 35% of the world’s 94 largest shipping
June 06, 2022

UK, Denmark on track to meet climate pledge while Southeast Asia lags

Denmark and the United Kingdom are among “a handful of countries” on track to achieve net-zero emissions by 2050, while South Asian and Southeast Asian countries like Bangladesh, Vietnam, Myanmar, and India lag, according to the Environmental Performance
March 14, 2022

Mumbai becomes first South Asian city to set net-zero roadmap

Mumbai, India's financial hub, has unveiled its first ever Climate Action Plan as part of India’s pledge to achieve carbon neutrality by 2070. Under the plan, the city aims to reach net zero carbon emissions by 2050, becoming the first Southeast Asian cit

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