Find out the steps companies and investors can take. To help prevent the worst effects of climate change, a growing number of companies are pledging to achieve net-zero emissions by In fact, the percentage of companies declaring a net-zero target nearly doubled from to With urgency building, how can companies and investors approach net-zero emissions? The above infographic from MSCI highlights the steps these two groups can take, from defining a strategy to reporting progress.
Setting a net-zero emissions target means reducing carbon emissions to the greatest extent possible, and compensating for the remaining unavoidable emissions via removal. To begin, companies can measure current emissions and identify priority areas where emissions can be reduced. For example, ABC chemical company determines that its greenhouse gas GHG emissions far exceed those of its competitors. They can then map out a strategy to curb climate risk.
XYZ decides to lower its transition risk by aligning with a 1. With a strategy set, companies can pledge their net-zero emissions commitment and set interim goals. They can also specify how their pledge will be achieved. For example, ABC chemical company could set a net-zero emissions target by To increase short-term accountability, they set an interim target to halve carbon emissions by Wealth and asset managers can also set targets and interim goals, as they apply to their portfolios.
This means that the companies within the portfolio are reducing their carbon emissions at this rate. Scenario Warming Potential Business as usual 3. ABC chemical company takes immediate action consistent with its interim targets. For instance, the company can start by reducing the carbon footprint of its processes.
This approach carries the lowest risks and costs. But to take larger strides toward its net-zero emissions goal, ABC could draw on renewable energy together with carbon-removal technologies as they are developed. In the same vein, XYZ asset manager can move toward its decarbonization targets by adopting a benchmark index and reallocating capital. This could include:. Here, the actions for companies and investors converge.
Both groups can measure and monitor progress, disclose results, and adjust as necessary. For example, XYZ asset manager shares the following year-end results of its decarbonization strategy.
They are home to an estimated species of fish alone, not to mention all the plants, birds, insects, mammals, and molluscs nobody ever thinks about the molluscs. Naturally, we as humans in general are messing the Great Lakes up. A lot of those species are threatened by invasive species, climate change, land development and pollution.
Top 5 Special Report Sources A. United States Environmental Protection Agency. Desjardins, J. Visual Capitalist. Related Top 5 Lists. Top 5 Largest Libraries in the World. Top 5 Countries With the Largest Armies.
Call or text to schedule a dive trip: Tap To Call. Home » Great Lakes Facts. There are five Great Lakes though technically Lake Michigan and Lake Huron are the same lake since they are at the same sea level : Lake Superior — the largest by volume and deepest, larger than Scotland or South Carolina Lake Michigan — the second-largest by volume and third-largest by area; the only one entirely in the U.
Lake Huron — the third-largest by volume; the second largest in area Lake Erie — the smallest by volume and shallowest Lake Ontario — the second-smallest in volume and smallest in area, much lower elevation than the rest Sprinkled throughout the lakes are the approximately 35, Great Lakes islands, including Manitoulin Island in Lake Huron, the largest island in any inland body of water, and Isle Royale in Lake Superior, the largest island in the largest lake each island large enough to itself contain multiple lakes.
About 14, years ago, the Great Lakes area was covered with a glacier that was more than a half-mile 1 km thick.
As the glacier melted, it slowly moved toward Canada and left behind a series of large depressions that filled with water. These formed the basic shape of the Great Lakes, and about 10, years ago the Great Lakes took the form that is familiar today. There are a number of rivers and tributaries connecting the Great Lakes.
The Straits of Mackinac connect Lake Michigan and Lake Huron, and there is such a steady flow of water between these two bodies that they could be considered one lake. The St. Lawrence, which leads out to the Atlantic Ocean.
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