By Ralph Torrie, Corporate Knights Corporate Knights is launching a major new project to identify the gap between what we are doing and what must be done to put the economy on a sustainable footing. With the economic recovery from the COVID-19 pandemic all but complete, greenhouse gas emissions have …
Navigating Nearshoring: An Evolution in Resilient Manufacturing
By Misha Govsteyn, Sustainable Brands By shortening supply chains, optimizing resource utilization and reducing waste, nearshoring enhances economic resilience and embodies a shift towards a more sustainable and environmentally conscious approach to manufacturing. As a strategic imperative in the face of global supply chain disruptions, the nearshoring (or reshoring) movement has emerged as a viable …
The Global 100 List: How the World’s Most Sustainable Corporations are Driving the Green Transition
By Shawn Mccarthy, Corporate Knights Now in its 20th year, the Global 100 ranking reveals that corporate leaders ?are pouring more of their revenues into sustainable investments than ever As 2023 came to a close, the World Meteorological Organization declared it to be the hottest year on record. One week …
Alliance of CEO Climate Leaders: 10 Measures to Close the Emissions-Reduction Gap
Sustainable Brands New WEF report finds a 600-gigaton gap in national emissions-reduction ambitions and policies that must be closed to keep 1.5°C target alive, and outlines 10 ways for businesses and governments to accelerate decarbonization and close this gap. The Alliance for CEO Climate Leaders, a CEO-led community facilitated by the World …
Sustainable Investments had Secretly Great Year
By Tim Nash, Corporate Knights It’s easy to get lost in the narrative that the shine has worn off sustainable investing, but that’s not what we’re seeing. Here are our top fund picks. Despite appearances, sustainable investments have quietly had a great year. Given the poor performance of green energy …
Four Trends Shaping Sustainable Finance’s Future in 2024
By Eugene Ellmen, Corporate Knights Will banks keep cheerleading fossil fuels while renewable stocks make a comeback? Eugene Ellmen shares his finance forecast. Temperature records were broken month after month in 2023, pushing governments around the globe to promise to triple their renewable-energy capacity and transition away from fossil fuels …
Canada isn’t Challenging Banks Enough to Prepare for Climate Chaos
By Matt Price, Corporate Knights OPINION: The safety and soundness of Canada’s financial system needs its regulator to take climate impacts more seriously. There’s an old joke about a chemist, a physicist and an economist trapped on an island with just one unopened can of food. The chemist suggests putting …
Cop28: Second Draft Text of Climate Deal Calls for ‘Transitioning Away’ from Fossil Fuels
By Adam Morton, The Guardian Latest draft does not include a commitment to phase out or phase down fossil fuels, as many countries, civil society groups and scientists have urged. A new draft climate agreement released at the Cop28 climate summit in the United Arab Emirates has for the first time explicitly …
First Roadmap for Financiers Implementing a ‘Just Transition’ Launched at COP28
By Sustainable Brands The new guidance will support the global financial sector in embedding just-transition practices in their operations to ensure a climate transition that leaves no one behind. Sunday at COP28 in Dubai, UNEP FI and the International Labor Organisation (ILO) released Just Transition Finance: Pathways for Banking and Insurance — the first roadmap for the financial sector …
Climate Finance Takes Center Stage at COP28 Climate Talks
By Simon Jessop, Maha El Dahan, and Hadeel Al Sayegh, Reuters DUBAI, Dec 4 (Reuters) – Money pledges grabbed the spotlight again at COP28 in Dubai on Monday as delegates turned their focus to the yawning gap in the need for climate finance and what’s on offer. The United Arab Emirates, the …