The Swiss government has urged the European Court of Human Rights to respect national sovereignty saying that the “definition and choice of measures” to manage climate change are a national competency. The pushback follows an April 2024 ruling by the ECHR, which found Switzerland violated the rights of a group of senior Swiss women by taking insufficient measures to combat climate change. The country has since adopted a revised CO₂ Act for the period up to 2030 but the country’s proposed actions are limited and its climate policies insufficient, says senior attorney at the Center for International Environmental Law (CIEL), Sébastien Duyck. #climatelitigtaion #VereinKlimaSeniorinnen #climatelaw https://lnkd.in/eZiAntFx
Sustainable Views
Financial Services
Saint Paul's, England 3,052 followers
A publication from the Financial Times navigating ESG policy and regulation
About us
Sustainable Views is the authoritative source of information on developments in ESG policy and regulation, the impact of sustainability metrics on capital markets, and the transition to a green and just economy. With thorough trend analysis, data journalism and informed comment, we provide readers with unique insights to help them mitigate risk and stay ahead of peers on the defining issue of our time. Sustainable Views helps its readers to perform their jobs more effectively. To contact us, email [email protected]. To request a free trial, complete this form: https://www.sustainableviews.com/sv/request-free-trial.
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https://www.sustainableviews.com
External link for Sustainable Views
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Saint Paul's, England
- Founded
- 2021
- Specialties
- ESG, Sustainable Investment, Responsible Finance, Responsible Investment, Sustainability, Policy, and Regulation
Updates
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News: US oil major Exxonmobil is suing the Dutch government for its for its decision to accelerate the closure of the Groningen gasfield. Exxonmobil claims that the closure of the gasfield in October 2023 violates the Energy Charter Treaty and affects its investment. The Dutch government opted to close the gasfield early following earthquakes. “What’s so scandalous about this case is that it’s yet another big oil and gas company using this [ECT] mechanism to obstruct the environmental policies of governments that are perfectly legitimate,” Netherlands-based Bart-Jaap Verbeek, researcher at the Centre for Research on Multinational Corporations (SOMO), tells Sustainable Views. Read more below. https://lnkd.in/ehrQKqnA #oilandgas #EnergyCharterTreaty #fossilfuels
Exxon suing Netherlands over gas phaseout plans
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As successive hurricanes batter the south-eastern US, wiping out entire towns and causing billions of dollars' worth of damage, business leaders are considering relocating their operations due to climate risk. A survey conducted by Massachusetts Institute of Technology in June of 300 senior US-based executives, found that 61 per cent had suffered business disruption and 55 per cent had faced damage to physical infrastructure due to extreme weather events. Grid resilience is an increasingly important consideration for businesses, says Lori Bird, director of the World Resources Institute’s US energy programme. “Even single-day outages can have a very large expense on businesses,” she tells Sustainable Views. Read more below. https://lnkd.in/erfvq7Vm #extremeweather #climatechange #climaterisk
Climate change forcing US businesses to relocate
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Research published by Greenpeace Nordic today shows that total annual methane emissions from the five leading global meat and dairy companies are greater than those from the five leading oil and gas companies. Policymakers are urged to regulate emissions reporting from meat and dairy companies and introduce mandatory methane reduction targets. The report outlines how methane emission reductions are possible if policy supports those in medium and high-income countries to incorporate a higher share of plant-based food into their diets. Read more below. #methaneemissions #agriculturalmethane #sustainableagriculture https://lnkd.in/eb2bgnK5
Policymakers urged to regulate meat and dairy companies’ methane emissions
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UK electric vehicle sales reached record volumes in September but still aren't increasing quickly enough to meet UK targets, data from trade association the Society of Motor Manufacturers and Traders (SMMT) shows. The SMMT, along with major car manufacturers, wrote to UK chancellor Rachel Reeves on October 4 calling for greater tax incentives to spur the private market. Read more below. #EVs #EVsales #cleantransport https://lnkd.in/e_5FVR9P
UK EV sales hit record levels but market share still lagging
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Around half of global GDP depends on natural assets, yet just $200bn is invested annually in nature-based solutions- only a third of what is needed according to the UN Environment Programme. New types of financing will be needed to drive investment. Innovations such as debt-for-nature swaps and sustainability-linked loans exist but face high transaction costs and are difficult to scale. Read more below. #COP16 #nature #naturefinance https://lnkd.in/giTivEqT
COP16: How to finance the biodiversity targets
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Private companies must move past their reluctance to collaborate if they are to adopt circular economy principles, writes Thomas Leneveu vice-president of flooring company Tarkett's EMEA commercial business unit in Sustainable Views today. "We need to see businesses working together to close material loops, share their experiences and create systems that enable products, materials and energy to circulate efficiently across sectors," he says. Read more of his recommendations below. #circulareconomy #wastematerials #sustainability https://lnkd.in/e3_x4kyx
Businesses must enter a new era of radical collaboration to achieve sustainability goals
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Three-quarters of North Sea oil and gas companies plan to invest solely in fossil fuels ahead of 2030, despite promises to play a role in the UK’s energy transition, analysis by non-profit Uplift shows. Using data from Rystad Energy the research found that the 87 global fossil fuel companies, which are active in the North Sea basin, plan to invest £40bn in the region before 2030. Additionally, only 8 per cent of North Sea companies have any plans to invest in UK renewable energy by 2030. Read more below. #fossilfuels #NorthSea #oilandgas https://lnkd.in/ecQKb--u
In Charts: Majority of North Sea oil and gas companies have no plans to invest in low-carbon energy
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COP16 on Biological Diversity starts at the end of this month in Colombia. Leaders across government, business, civil society and Indigenous communities will meet to discuss the critical role nature plays within economies. In today's podcast, Sustainable Views' editor Philippa Nuttall asks whether businesses need to catch up on nature action? She is joined by Andrew Steer, president and CEO of the Bezos Earth Fund, and Roberto Marques, former CEO of cosmetics company Natura and board member of Sysco Corporation and the We Mean Business Coalition. The group discuss how companies can begin to understand their impact on nature and finance biodiversity protection. "We're currently in a rather fruitless discussion [...] We have a school of thought that is ideologically opposed to [nature] markets and they've got a lot of evidence to support their views because there's been a lot of abuse of carbon markets, there's been a lot of greenwashing. Where they are fundamentally wrong is that because there's been some abuse therefore we should give up on the idea." Steer argues. Listen on the Sustainable Views website, Acast or wherever you get your podcasts. https://lnkd.in/e7fCtVFs #COP16 #biodiversity #nature
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The Taskforce on Inequality and Social-related Financial Disclosures (TISFD), launched on September 27, and aims to put “people, along with planet, at the heart of business planning”, said Sharan Burrow, one of the body’s four co-chairs, at a media briefing about the launch. The task force will develop a global framework for companies and financial institutions to report on social-related risks, impacts and opportunities. It will build on the work of the FSB Task Force on Climate-related Financial Disclosures (TCFD) and the Taskforce on Nature-related Financial Disclosures (TNFD), Burrow says. Many have welcomed the focus on inequality but others have questioned whether another disclosure standard or framework is necessary. Read more below. #TISFD #sustainabilitydisclosures #disclosure #ESG https://lnkd.in/etiWhjt3
‘Missing piece’ task force launched to guide social-related financial disclosures
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