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Salesforce Launches Sustainable Products For Eco-Friendly Businesses

PYMNTS

Patrick Flynn, VP of sustainability at Salesforce , said the service was vital if they wanted to keep up with the environment, which he called “a key stakeholder” for every business on the planet. It’s also pushing other companies to join it in meeting that goal.

Analytics 134
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Can Amazon Bring More Climate Action To Retail And Payments?

PYMNTS

But will that hold true when it comes to climate change? 19) unveiled the company’s plan to tackle climate change – a plan designed to meet goals set by the Paris climate agreement, but a decade ahead of schedule. That’s been the general situation for a decade or more. We might soon find out. Bezos’ Message.

Retail 168
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France is Europe’s biggest supporter of ‘carbon bomb’ projects, data shows

TheGuardian

French banks have financed $154bn to firms running biggest fossil fuel projects since 2015 climate pact France is Europe’s biggest supporter of “carbon bomb” extraction projects that hold enough fossil fuels to pump out more than a gigaton of CO 2 each, the Guardian can reveal.

Data 110
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Mark Carney says banks should link executive pay to Paris climate goals

TheGuardian

Ex-Bank of England boss tells UN summit that boardroom pay link can help meet climate targets faster Former Bank of England governor Mark Carney has said banks should link executive pay to climate risk management, as part of efforts to align the finance industry with Paris climate goals. Continue reading.

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Revealed: development banks funding industrial livestock farms around the world

TheGuardian

Investigation uncovers finance worth $2.6bn pumped into meat and dairy industries, despite warnings of links to climate catastrophe Two of the world’s leading development banks have pumped billions of dollars into the global livestock sector, despite warnings that reducing meat and dairy consumption is essential for tackling the climate crisis.

Industry 145
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UK banks’ support for coal industry has risen since 2015 Paris climate pact

TheGuardian

Lenders including Barclays and HSBC provided services and loans worth £21.9bn in 2019 British banks’ financial support for companies involved in the coal industry has risen since the 2015 Paris agreement, despite their pledges to wind down financing for a sector seen as a significant obstacle to tackling global heating.

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Major UK pension funds worth nearly £900bn commit to net zero

TheGuardian

Pension providers Scottish Widows, Royal London and Nest and a clutch of public sector pension funds from the UK to Scandinavia and New York were also among the investors that have pledged to align their portfolios to the Paris climate goals of limiting global temperature increases to 1.5C.

New York 121