Unilever has warned it will sell off brands that do not contribute positively to society, with British favourite Marmite and Magnum ice-cream among the big names thought to be vulnerable to a cull linked to the company’s sustainable business agenda.
Unilever’s chief executive Alan Jope said it was no longer enough for consumer goods companies to sell washing powders that make shirts whiter or shampoos that make hair shinier because consumers wanted to buy brands that have a “purpose” too.More
The below is an extract of an article by McKinsey.
You can read the entire article at McKinsey’s homepage here.
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
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.
Quotation from press release by TCFD, 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
New left-leaning government sets ambitious target as it plans major rise in public spending
“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
Artikel på DR.dk af Mathias Sommer, 17. april 2019 kl. 20.30:
Klimaforandringerne foregår i et så højt tempo, at de er til fare for verdensøkonomien og dermed også dansk økonomi.
Sådan lyder bekymringen fra professor i økonomi på Aarhus Universitet og formand for Det Økonomiske Råd, Michael Svarer.
En af de største trusler mod dansk økonomi er klimaet. Klimaet er en udfordring for den globale økonomi og samfundet i det hele taget, og den udvikling, vi ser i CO2-udledning og temperaturstigningen, går alt for stærkt.More
During the bitter cold snap that hit much of the United States last week, President Trump tweeted a plea to global warming: “Please come back fast, we need you!”
The next morning, the largest electricity provider in America’s most populous state filed for bankruptcy because of global warming!More
Most oil and gas companies incentivise their management to pursue growth, rather than focus solely on shareholder returns.
Climate is rarely taken into account!
De 25 största utsläppande bolagen står för en femtedel av de globala koldioxidutsläppen. Detta enligt en rapport som Di Hållbart Näringsliv har tagit del av.
“Vi pratar kanske för lite om de riktigt stora utsläppande företagen. Det är helt avgörande att få med dem i omställningen. Och nu verkar många av bolagen faktiskt se att klimatfrågan inte längre går att ignorera”, säger Johan Kuylenstierna, vice ordförande i Klimatpolitiska rådet till Dagens Industri.More
2018-12-10 af journalist Tobias Persson, Aktuell Hålbarhet, Sverige
Flera av Sveriges och världens största pensionsfonder, kapitalförvaltare och försäkringsbolag varnar politiker för de finansiella riskerna som klimatförändringen innebär. I ett brev skriver investerarna att de ekonomiska förlusterna riskerar att bli flera gånger större än under den globala finanskrisen 2008. More