Why none of the large oil companies are “Paris-aligned”, and what they need to do to get there (Carbon Tracker, September 2019)

In September 2019 Carbon Tracker’s latest report “Breaking the Habit” was released.

“The most common climate-related question facing investors – “how can we tell if a company is aligned with Paris”?

In this report, we lay out our approach and apply it to the largest listed oil and gas producers. For the first time, we look at alignment in terms of short term actions – which individual projects are non-Paris compliant and wouldn’t go ahead in an economically rational Paris-aligned world, yet nonetheless either a) were sanctioned last year; or b) are targeting sanction this year.More

Her er klimaeffekten af at handle second hand – produkt for produkt (Avfall Sverige, August 2019)

Ny rapport fra Avfall Sverige:

“Att återanvända kläder sparar tio gånger mer koldioxid än att återvinna materialet för att skapa nya textilier.

Varje mobil som återanvänds istället för att skrotas sparar cirka 60 kg koldioxidekvivalenter.

De högsta koldioxidbesparingarna genereras enligt Avfall Sverige genom förebyggande av textil samt av elektriskt och elektroniskt avfall.More

UN Global Compact guide: Setting Site Water Targets – A Guide For Companies (published 2019)

EXECUTIVE SUMMARY from the guide:
“The world’s water resources are under growing pressure from rising water consumption, greater pollution, weak governance, and climate change—exposing companies to increased water-related risks.

In response, many companies are engaging in water stewardship and setting water targets to help address their waterrelated externalities and secure water for the growing needs of all users.

Site water targets informed by catchment context have an important role to play in addressing water challenges and driving informed actions at the local level. Yet a minority of companies are setting them.More

181 major US businesses commit to act fairly and sustainably (published August 2019)

A welcome development this week was the declaration from 181 chief executives of US companies to operate in a way that values and recognizes all their stakeholders.

The signatories to the Statement on the Purpose of a Corporation, organized by Business Roundtable, includes commitments to:

  • Respect communities and the environment by embracing sustainable business practices;
  • Deal with suppliers and partners fairly and ethically;
  • Invest in their employees, fostering diversity and inclusion;
  • Demonstrate transparency and effective stakeholder engagement.

More

Unilever warns it will sell off brands that hurt the planet or society (article in The Guardian, July 2019)

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

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