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The truth behind companies' 'net zero' climate commitments - Vimarsana News

The truth behind companies' 'net zero' climate commitments

The truth behind companies' 'net zero' climate commitments Alice C. Hill and Jennifer Nash, opinion contributors © Getty The truth behind companies' 'net zero' climate commitments Going green is in fashion. Investments tagged as ESG - environmental, social and governance - now account for one-third of total U.S. assets under management. Issuance of green bonds reached the $1 trillion mark in October 2020 and the total continues to climb. And over 1,500 companies from a broad range of industries - including Ford, NRG and American Airlines - have pledged to reduce their clima...

Source: msn.com
California Ambitious Climate Disclosure Bill Introduced to State Legislature - Vimarsana News

California Ambitious Climate Disclosure Bill Introduced to State Legislature

Thursday, February 4, 2021 Last week, California Senate Bill (SB) 260, the Climate Corporate Accountability Act was introduced in the California state legislature. If enacted, large corporations doing business in the state of California would be required to disclose their greenhouse gas (GHG) emissions to the California State Air Resources Board (CARB) beginning in 2024.  Large corporations would also be required to set and disclose a science-based emissions reduction target aimed at reducing their carbon footprint, beginning in 2025. Key Take-Aways If enacted into law, SB 260 w...

Five green energy trends topping miners' agendas in 2021 – report - Vimarsana News

Five green energy trends topping miners' agendas in 2021 – report

Five green energy trends topping miners’ agendas in 2021 – report An example of a mine haul truck that will be converted to run on hydrogen. Credit: Anglo American Plc. 2020 was the year that climate change became a dominant force for commodities as top mining companies and governments made ambitious net-zero commitments, Wood Mackenzie notes in its latest report. Renewables grew in importance in some oil and gas companies’ portfolios and as a power source for mining. Carbon pricing accelerated, with prices for emissions allowances under the EU Emissions Trading Scheme and Western Clim...

Source: mining.com
Textile Industry Faces Increasing Climate Disclosure Pressures - Vimarsana News

Textile Industry Faces Increasing Climate Disclosure Pressures

Thursday, January 14, 2021 Key Takeaways What Is Happening? Heightened focus on the environmental footprint of the fashion and textile industries suggests greater regulatory controls and enforcement in 2021, especially with respect to climate disclosures, environmental marketing, and human rights issues in the supply chain. Who Is Impacted? Garment manufacturers, retailers, and textile manufacturers will be most directly impacted by these rising trends. Ultimately, industries whose work rely in any way upon textile manufacturers – as suppliers or customers – will be impacted. ...