New York State has set ambitious decarbonization goals. What needs to happen to reach them? (article by McKinsey, July 2019)

The below is an extract of an article by McKinsey.

You can read the entire article at McKinsey’s homepage here.

“The global relevance of New York State’s clean-power targets

In the past year, several US states have announced 100 percent clean-power targets—meaning complete reliance on low-carbon sources such as wind and solar—to be achieved over the next 20 to 30 years. The European Union hopes to go even further: it wants to decarbonize almost its whole economy—not just the power sector—by 2050. Meeting these targets will require extensive efforts across sectors (including power, transportation, industry, and building heating), successful bets on technology, and complex policy changes that incorporate market incentives, costs, customer acceptance, and electrical interconnections with adjacent regions.More

Denmark, Sweden and Finland – top the SDG Index 2019 (Bertelsmann Stiftung, June 2019)

From the report’s Executive Summary:

“The Sustainable Development Report 2019 presents an updated SDG Index and Dashboards with a refined assessment of countries’ distance to SDG targets.

Once again, Nordic countries – Denmark, Sweden and Finland – top the SDG Index.

Yet, even these countries face major challenges in implementing one or several SDGs. No country is on track for achieving all 17 goals with major performance gaps even in the top countries on SDG 12 (Responsible Consumption and Production), SDG 13 (Climate Action), SDG 14 (Life Below Water) and SDG 15 (Life on Land). Income and wealth inequalities, as well as gaps in health and education outcomes by population groups also remain important policy challenges in developing and developed countries alike.More

UN Global Compact: Report on global goals and ocean’s opportunities (January 2019)

Quote from UNGC report “Global goals, Ocean Opportunities” foreword by Lise Kingo:

“The rapid deterioration of ocean health, which deeply affects biodiversity, coastal communities and the health of the planet, must be urgently addressed. As this report shows, this deterioration is, like climate change, caused by human activity. We need the capacity and competence of the business community to solve this challenge.More

Jordens Vänner: Det svenske olieselskab Preem bedst til greenwashing 2019! (Juli 2019)

Citeret fra artikel i Aktuell Hållbarhet, 3/7 2019:

“Greenwashpriset blir Preemwashpriset

Jordens Vänner anser att kombinationen hög svansföring inom hållbarhetsområdet och planer som fördubblar koldioxidutsläppen vid raffinaderiet i Lysekil gör att Preem förtjänar Svenska Greenwashpriset 2019.

Preem tilldelas årets skampris nummer ett i Almedalen, Svenska Greenwashpriset. Utdelare är som vanligt Jordens Vänner som anser att Preems grönmålning består av att företaget planerar en utbyggnad av raffinaderiet i Lysekil samtidigt som företaget hävdar att deras “verksamhet bedrivs med utgångspunkt att bevara miljön för fratida generationer”. Utbyggnaden av Preemraff i Lysekil innebär att utsläppen därifrån fördubblas från 1,7 miljoner ton koldioxid till 3,4 miljoner.

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UK becomes first major economy to pass net zero emissions law (Gov.UK, June 27, 2019)

New target will require the UK to bring all greenhouse gas emissions to net zero by 2050.

The UK today became the first major economy in the world to pass laws to end its contribution to global warming by 2050.

The target will require the UK to bring all greenhouse gas emissions to net zero by 2050, compared with the previous target of at least 80% reduction from 1990 levels.

The UK has already reduced emissions by 42% while growing the economy by 72% and has put clean growth at the heart of our modern Industrial Strategy. This could see the number of “green collar jobs” grow to 2 million and the value of exports from the low carbon economy grow to £170 billion a year by 2030.

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Task Force on Climate-related Financial Disclosures: 2019 Status Report (June 2019)

“This is the second status report on adoption of the Task Force for Climate-related Financial Disclosures (TCFD) has delivered to the FSB. The Status Report provides an overview of the extent to which companies in their 2018 reports included information aligned with the core TCFD recommendations published in June 2017.More

More CEOs Sacked For Ethical Failure Than For Poor Financial Performance (Article by Andreas Rasche, June 2019, CBS)

From article, June 5th, 2019 by professor Andreas Rasche:

“According to a recent study from Strategy&, for the first time more CEOs have been dismissed for ethical lapses than for poor financial performance (in 2018).

What is the lesson?

I think that we overvalue compliance and undervalue the effects of a corporate culture on sustainable business decisions…”More

Finland pledges to become carbon neutral by 2035 (The Guardian, June 2019)

New left-leaning government sets ambitious target as it plans major rise in public spending

Quatiation from article June 4th, 2019 by: Jon Henley Europe correspondent, The Guardian

“Finland’s new left-leaning coalition government has pledged to make the country carbon neutral by 2035 as part of a policy programme that includes a major increase in public spending on welfare and infrastructure.

The Social Democratic party leader, Antti Rinne, who formed the five-party alliance of centrist, leftist and Green parties after narrowly beating the nationalist Finns party in an election in April, said it was time to “invest in the future” after years of austerity.More

Danskerne: “Vestas, Ørsted og Coop er de mest bæredygtige virksomheder” (analyse fra Advice, maj 2019)

Uddrag af analysen, side 18:

“Der er altså ingen tvivl om, at danskerne har taget virksomhedernes bæredygtigheds­ dagsorden til sig. Men hvem, mener de så, skiller sig positivt ud? I Bæredygtigheds­ barometeret har vi spurgt respondenterne om, uhjulpet, at nævne virksomheder, som de mener gør meget for en bæredygtig udvikling. Det er interessant, at danskernes top tre dækker virksomheder, som er bæredygtige på tre forskellige måder.

Vinderen er Vestas!More