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UN-Supported Initiative Seeks Strengthened Emissions Targets
March 06, 2019
The UN-supported Science Based Targets Initiative has announced updates, based on data from the UN’s Intergovernmental Panel on Climate Change, to its guidance for companies on greenhouse gas reduction targets to comply with the political goal from the UN’s Paris climate deal to limit global warming to 1.5°C.
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NGO Paper Seeks “Sustainability” Reporting in Banking Industry
March 06, 2019
The Centre for International Governance Innovation has published a report calling on companies in the banking industry to respond to pressure from the UN, activist groups, and global reporting organizations by disclosing how they are dealing with their “sustainability” impacts around the planet.
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UN, GRI Train Companies on SDG Reporting
March 06, 2019
The UN Global Compact and the Global Reporting Initiative (GRI) have announced a new stage in their partnership pushing companies around the world to adopt guidance on how to report on their contributions to the achievement of the UN Sustainable Development Goals (SDGs).
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EU Institutions Advance Policy on “Low-Carbon Benchmarks”
March 05, 2019
The European Parliament and representatives of EU member states have reached a political agreement on the creation of “low-carbon benchmarks” to help identify “climate-conscious” businesses and projects for investors as part of the EU’s broad strategy to meet its pledges under the UN’s Paris climate accord.
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Activists Seek Judicial Validation of Global Climate Movement
March 05, 2019
Umair Irfan of Vox has published an article surveying the global climate litigation movement, which seeks to persuade courts that fossil fuel companies must pay for the future harms caused by their alleged contributions to global warming, and whose critics argue that these lawsuits “hinge on radical, unprecedented expansions of existing laws.”
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