COP28: A Mixed Bag
The story on fossil fuels in COP28 was a mixed bag, with the damage and loss promised to appease proponents of climate action.
All play, no work, watered down COP28
The Loss and Damage Fund probably leads the pack of success lists. After years of negotiations, a Loss and Damage Fund was finally established.
Nestlé Cuts Ocean Transport Emissions
To reduce ocean transport emissions, Nestle has been using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped in 2023
4 Global Banks Exit SBTi
Four global banks including HSBC, Standard Chartered, Société Generale, and ABN AMRO have exited the Science Based Targets initiative (SBTi).
Southwest Airlines announces to be Net Zero by 2050
World’s largest low-cost airline, Southwest Airlines Co. has announced an updated sustainability strategy, Nonstop to Net Zero. This outlines the carrier’s path toward its goal of achieving net zero carbon emissions by 2050.
EVs connect Amazon DSPs with the last mile
As part of the company’s global last mile fleet program, Amazon is enabling its last-mile delivery partners with electric vehicles or EVs
Insufficient Action or Lack of Will to Implement?
In recent days, we have seen insufficient action by nations and corporates alike. For example, to meet its climate goals, the EU needs to cut its carbon emissions three times faster.
India to comply with CBAM during the transition phase
As India plans its own carbon tax, it is likely to accept the EU’s Carbon Border Adjustment Mechanism (CBAM)
S&P Global introduces Power Evaluator
The tool allows users to conduct custom valuations of existing and planned power plant assets, simulate the impact of plant acquisitions and divestments, track portfolio progress to Net Zero goals, and quantify physical and market risks.
Is ESG losing steam?
Is ESG being pushed over to maintain profits? It is time, ESG is dusted off the silos and integrated into the mainstream
To car pool or not? NO, determines Bengaluru State Transport Department
Bengaluru may face yet another climate crisis if the state transport department does not find a feasible solution to its ban on carpooling
UK moves deadline to ban gas, diesel cars to 2035
UK Prime Minister Rishi Sunak has announced a five-year delay in a ban on new gas and diesel cars; shifted the goal from 2030 to 2035
