The founding partners of The Investor Agenda released today a new tool to enable institutional investors to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy. The Investor Climate Action Plans (ICAPs) Expectations Ladder and Guidance aims to help investors navigate existing expectations and initiatives on climate change. It is inclusive and unique in that it sets out expectations for investors wherever they may be on their climate journey.
Neste and Chicago Bulls’ Lauri Markkanen to spread climate awareness during away games this NBA season
“The world hits new record average temperatures year on year, and catastrophic weather has been on the increase. More and more people as well as companies have already realized the seriousness of this issue. We hope that this collaboration with Lauri will help spread the message to new audiences. As a company focusing on renewable and circular solutions, fighting climate change is at the core of our business,” said Neste’s Marketing Director Sirpa Tuomi.
BlackRock joins the Climate Action 100+
BlackRock is the latest signatory to Climate Action 100+, an unprecedented global investor engagement initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.
With the addition of the world’s largest asset manager, with more than $6.8 trillion USD in assets under management, Climate Action 100+ continues to grow in size and influence. BlackRock joins more than 370 global investors already participating in the initiative. The addition of funds it manages, brings total assets under management represented by investors participating in Climate Action 100+ to more than $41 trillion.
“BlackRock is one of the largest and most influential asset managers in the world and will bring even more heft to investor engagement through Climate Action 100+,” said Emily Chew current Climate Action 100+ Steering Committee Chair and Global Head of ESG Research and Integration at Manulife Investment Management. “We look forward to working with BlackRock to build on the initiative’s success and work to ensure companies take the urgent and necessary action needed in response to the climate crisis.” Continue reading
In Madrid investors urged governments to step up efforts to tackle the Climate Crisis
More than 630 institutional investors managing more than $37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued at the United Nations Climate Conference (COP25).
An exclusive interview with Jennifer Holmgren, CEO of LanzaTech: “We need to take more risks and move more quickly”
“The key concern is that there is no time to wait. We must act now and while countries are starting to make changes to drive a low carbon future, more needs to be done quickly. We need to take more risks and move more quickly. We need to realize the bigger risk is not acting quickly enough”. Jennifer Holmgren talks to Il Bioeconomista. In this exclusive interview, the CEO of LanzaTech gives us her point of view regarding the climate crisis and the ‘carbonsmart’ revolution that the Illinois-based company is leading at global scale.
Interview by Mario Bonaccorso
Travelers flying with SAS can now voluntarily choose to buy biofuel
Travelers flying with SAS can now voluntarily choose to buy biofuel and so help reduce climate-affecting CO2 emissions by up to 80 percent. “The new non-profit service aims to pioneer a large-scale and competitive market for biofuel within aviation, in line with SAS’ sustainability strategy”, stated the Scandinavian airlines company.
Neste’s Zero Island project cuts emissions in Lidö in the Swedish archipelago by 78%
Sweden is aiming to become climate neutral by 2045. However, it has been estimated by the UN Intergovernmental Panel on Climate Change (IPCC) that we may have as little as twelve years to tackle climate change. To examine what it takes to reduce CO2 emissions as fast as possible, Neste and its partners set to turn the island of Lidö in the Swedish archipelago into a climate neutral Zero Island in just twelve months. As a result of the project, the island’s emissions were brought down by an impressive 78 percent from their previous levels.