Carbon emissions report says 100 companies to blame for 71% of greenhouse gases

Annual Carbon Majors Report from environmental charity CDP shows the role corporations play in greenhouse gas emissions.

Investors have been told the fight against climate change is in their hands, with 71% of the world’s industrial greenhouse gas emissions originating at just 100 fossil fuel companies — a third of which are publicly traded.

That’s according to environmental charity CDP’s 2017 Carbon Majors Report, which found that a total of 833 gigatonnes of carbon dioxide-equivalent emissions were released between 1998, when the Intergovernmental Panel on Climate Change was founded, and 2015.

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Source: Wired

Monitoring is key to cutting emissions

Pledges to reduce emissions and tackle climate change are important, but a new study says making sure they are actually carried through is vital.

The big achievement of the Paris Agreement on climate change last December was getting more than 190 countries around the world to agree to a significant programme of lowering carbon emissions. But the reality is that promises are no good if not followed up by action.

Nations also pledged to pursue various other policies aimed at meeting the goal of limiting the rise in average global temperature to 2°C above pre-industrial levels.

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Source: Climate News Network

The Paris Agreement: a new compass for business

The world has reached many important milestones related to climate change in 2015. The hottest ever recorded in human history, it was the year we crossed the symbolic threshold of over 400 parts per million of carbon dioxide in our atmosphere. Today we have a new milestone: national leaders have come to an historic and ambitious agreement in Paris that will enable us to realize the transition towards a clean economy and stop dangerous climate change.

During the past two weeks at COP21 – and for many months preceding that – CDP and its partners in the We Mean Business coalition have urged governments to push for the highest level of ambition, and to send a clear and truly catalytic signal to the real economy.

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Source: CDP

L’Oréal emphasises sustainability at COP21

As COP21* – the most important global climate change summit in several years – starts today in Paris, L’Oréal has underlined its own vision for keeping CO2 emission levels in check.

Chairman and CEO of the beauty giant, Jean-Paul Agon, says: “A company in the 21st century can no longer envision its success and durability exclusively through the prism of economic performance. It has a duty to be responsible and to share its success.”

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Source: Travel Retail Business

Carney’s warning on carbon’s financial risks

The BoE is rightly worried about the dangers posed by climate change.

The Bank of England’s mission is expressed in one succinct phrase: “maintaining monetary and financial stability”. The brevity of this remit is well surpassed by the powers it confers on the BoE. Governor Mark Carney sits atop not just the Monetary Policy Committee but the Prudential Regulation Authority, which oversees 1,700 institutions, and the Financial Policy Committee, charged with preventing the financial system imploding, again.

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Source: FT

 

Largest Ever Citizen Consultation on Climate Change

The vast majority of global citizens – almost 80 per cent – feel very concerned about the impacts of climate change, whilst two out of three citizens think that climate action is an opportunity to improve their quality of life.

These are the top findings of the largest ever citizen consultation on climate change carried out by the more than 100 partners of the World Wide Views Alliance ahead of the UN Climate Change Conference in Paris in December.

The synthesis report of the study is now available in English, French, English, Spanish, Arabic, Russian and Chinese.

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Source: Environmental Expert

Innocent drinks: Sustainability is now a business imperative

We are moving from a point in time where companies do sustainability because it’s the ‘right thing to do’, to a point it is essential to the bottom line.

That’s according to Charlotte Cawthorne, the sustainability manager at Innocent drinks which sells two millions smoothies a week.

Speaking exclusively to edie, Cawthorne warned that the growing threat of climate change and water stress could pose an existential threat to slow-to-adapt companies.

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Source: edie.net

Global warming: High carbon in air affects crop nutrient quality

Yet another study warns that global warming could affect the quality of crops by inhibiting nutrient absorption.

Done on wheat and rice, the study by researchers at the University of Gothenburg saw that rising levels of carbon dioxide in the atmosphere affect absorption of nitrogen by plants, which is a vital nutrient for most crops.

The low concentration of nitrogen in tissues was seen regardless of plant growth.

The study examined various types of ecosystems, including crops, grasslands and forests, and involved large-scale field experiments conducted in eight countries on four continents.

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Source: International Business Times UK

New UN sustainability agenda needs low-carbon growth to meet goals, Ban tells Delhi summit

Speaking via video message to the Delhi Sustainable Development Summit organized by The Energy and Resources Institute (TERI) of India, the United Nations Secretary-General Ban Ki-moon today called for countries to take a low-carbon approach to development in the coming years.

“Over the next fifteen years, the world will make massive investments in new infrastructure for cities, energy and agriculture,” he said. “If this spending is directed towards low-carbon goods, technologies and services, we will be on our way towards a more sustainable, equitable future. But if we ignore the low-carbon pathway, we may fail to achieve the sustainable development goals,” he added referring to the targets currently being crafted by UN Member States to succeed the landmark, largely poverty-focused Millennium Development Goals (MDGs) after 2015.

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Source: www.un.org