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Moody s 2020 TCFD Report Highlights Climate Action Progress Wednesday, May 5, 2021 11:56AM IST (6:26AM GMT)
New York, United States:
Moody’s Corporation (NYSE:MCO) today published its 2020 Task Force on Climate-related Financial Disclosures (TCFD) report, highlighting the Company’s commitment to climate action, and reaffirming its support for more consistent and comparable sustainability disclosures.
“We are proud to have exceeded our environmental sustainability targets, and to have fully implemented climate-related risk awareness and opportunities into Moody’s business strategy, corporate governance and risk management,” said Mark Kaye, Chief Financial Officer, Moody’s Corporation. “Moody’s will continue to advance sustainability in our operations and global supply chain, as well as adapt our products and services to incorporate and advocate for climate considerati ....
Raising the Bar on Climate Ambition: Road to COP26 - Masatsugu Asakawa Speech | 4 May 2021 Colleagues, Asia and the Pacific faces some uncomfortable truths: First, the region is responsible for around 50% of global greenhouse gas emissions. Recent analysis predicts that global energy-related carbon dioxide (CO 2) emissions will grow by close to 5% in 2021 as demand for coal, oil and gas rebounds. More than 80% of the projected growth in coal demand will be from Asia. Without decarbonizing energy systems the goals of the Paris Agreement will be beyond reach. Second, the Asia Pacific region is experiencing a sharp increase in climate shocks and stresses. Floods, droughts, cyclones, and heat stresses are already impacting livelihoods, food and water security, and the health of millions of people, especially vulnerable populations including women and children and the poorest of the poor. ....