climate-change
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BusinessThe Future of Global Trade Will Be Green or Not at All
Glencore Aims to Cut Industrial Assets’ Carbon Emissions by One-Fourth by 2030
Date: March 20, 2024
Glencore aims to cut industrial assets’ carbon emissions by one-fourth by 2030 (Reuters) – Glencore said Wednesday it aims to lower carbon dioxide equivalent emissions for its industrial assets by 25% by the end of 2030. The global miner and trader retained its emissions reduction targets of 15% and 50% by the end of 2026...
Shell Weakens Climate Targets With Growing Bet on Gas
Date: March 14, 2024
Shell weakens climate targets with growing bet on gas By Ron Bousso LONDON (Reuters) – Shell weakened a 2030 carbon reduction target and scrapped a “perilous” 2035 objective, citing expectations for strong gas demand and uncertainty in the energy transition even as it affirmed a plan to cut emissions to net zero by 2050. Shell’s...
Bank Climate Group Members to Report Capital Markets Emissions
Date: March 13, 2024
Bank climate group members to report capital markets emissions By Simon Jessop and Virginia Furness LONDON (Reuters) – A U.N.-backed banking climate coalition on Wednesday released updated guidance for members requiring them to disclose more about how they plan to cut carbon emissions, including for the first time those from their capital markets activities. The...
Mango ada1pts as Climate Change Makes Fashion Less Seasonal
Date: March 13, 2024
Mango ada1pts as climate change makes fashion less seasonal By Corina Pons MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild swings in temperature as climate change makes fashion less seasonal, Chief Executive Toni Ruiz told Reuters. The clothing industry used to work according to clearly...
Understanding the Impact: Unraveling the Significance of Scope 3 Emissions
Date: March 7, 2024
Understanding the Impact: Unraveling the Significance of Scope 3 Emissions In the global pursuit of sustainable practices and climate action, businesses are increasingly recognising the importance of assessing their carbon footprint comprehensively. While Scope 1 and Scope 2 emissions have long been at the forefront of environmental considerations, Scope 3 emissions are emerging as a...
Exclusive-UN-backed Bank Group Seeks to Avoid Departures With New Climate Guidelines
Date: March 5, 2024
Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines By Simon Jessop, Isla Binnie and Tommy Wilkes LONDON/NEW YORK (Reuters) – A United Nations-backed alliance of banks is proposing its members disclose more information on their commitments to tackle climate change without requiring them to coordinate action, in a compromise it hopes will...