A global transition toward net-zero emissions by 2050 has begun. As we explored in our recent post, “Why Your Business Needs a Net-Zero Strategy,” this means businesses are facing pressure to work toward a net-zero state in which they balance the greenhouse gas (GHG) emissions they produce with measures that reduce and remove emissions. Businesses […]
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New Climate Goals are Driving Demand for Better Climate Disclosure
Last week, US President Biden’s Climate Summit saw several countries announce new commitments to increase their ambitions in reducing GHG emissions. The US, under President Biden, vowed to reduce its emissions to at least 50% by 2030, more than doubling the country’s prior commitment under the 2015 Paris Agreement. Canadian Prime Minister Justin Trudeau committed […]
Why your Business Needs a Net-Zero Strategy
Corporations are taking ambitious steps to mitigate climate change. Business and government leaders are committing to reducing their greenhouse gas (GHG) emissions to ensure that global warming stays within safe limits. The term ‘net-zero’ has emerged as a guiding principle for climate action. Net-zero emissions is a state where a business balances the GHG emissions […]
Government of Canada: Office of the Superintendent of Financial Institutions
April 12, 2021 Office of the Superintendent of Financial Institutions Dear OSFI Working Group, RE: Navigating Uncertainty in Climate Change: Consultation Response Corporate Knights and Manifest Climate are pleased to provide you with this joint submission in response to the consultation paper Navigating Uncertainty in Climate Change dated January 2021 (the “Discussion Paper“). The views […]
What does ‘net zero emissions’ even mean for Canadian business? Without set standards, it’s hard to tell
Unpacking the Momentum in North America’s Climate Response
April 7, 2021 The policy landscape for climate-related financial risks and opportunities is changing rapidly. From the evolution of reporting requirements in Europe to the emerging policy shifts signaled in the early days of the Biden Administration, it is expected that investors and firms will be under increasing pressure to explain how they are addressing […]
How to Get Started with Climate Scenario Analysis
Climate scenario analysis is a crucial tool for informing your organization’s strategic planning for organizational climate impacts. As useful as it is, it is also complex, and getting started may seem daunting. Picking up where we left off in our last blog on the topic, we dive deeper into how to get started with your […]
Despite calls for change, Canada’s RBC is one of world’s top bankers to fossil fuel industry
Building a Culture of Curiosity, Innovation and Responsibility
Manifest Climate as an organization is purpose-driven and evolutionary. We are made up of individuals who want to make a mark and have a real impact. Passion is an incredible source of fuel – the opportunity to channel that passion, pair it with your skills, learn from others, work with global companies, and be part […]
Researchers set an NLP model loose on TCFD disclosures. It found scant evidence of useful climate information
ETH Zurich’s ‘ClimateBERT’ discovered that companies may be guilty of “cheap talk and cherry-picking” It’s boom time for corporate climate disclosures — or so it seems. Today, there are over 1,800 institutions signed up as supporters of the Task Force on Climate-related Financial Disclosures (TCFD), up from 101 in June 2017. Adherents to the framework […]