Discover and read the best of Twitter Threads about #scope3

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After quick reading @environmentca new Emissions Reduction Plan, two major (& predictable) blindspots have emerged. A short 🧵 #ERP #cdnpoli #climatecrisis 1/7
2/7 FINANCE: describes modest historical process, without providing any path forward for aligning financial regulations with #ParisAgreement for regulated finance institutions/crowns, mandatory #ClimateRisk disclosure, stronger capital adequacy requirements, mandate changes, etc
3/7 FINANCE: Under #SFAC, finance institutions are regulating themselves. Major Canadian #banks lobby against mandatory #climaterisk disclosure & are #greenwashing #sustainablefinance - major policy reforms are needed & are missing here. thenarwhal.ca/canada-big-5-b…
Read 7 tweets
Major companies’ #NetZero climate pledges largely fail test. 🚨 Our Corporate Climate Responsibility Monitor, launched today w/ @CarbonMrktWatch, finds: Companies have an immense potential for #ClimateAction but pledges lack transparency + integrity. 🧵⤵️ bit.ly/NewClimate_CCR…
2/ Background: Companies are increasingly alert to the #climatcrisis, facing calls to take responsibility for their environmental impact. The companies assessed in the report are major multinationals contributing to roughly 5% of global #GHG emissions.
3/ The #CCRM1 shows: Climate pledges of these 25 corporations on average only commit to emissions reductions of 40%, not ❌ 100% as suggested by their #netzero and #carbonneutral pledges. Collectively, they commit to reducing only <20% of their 2.7 GtCO2e emission footprint.
Read 10 tweets
1/ Heavy rains & flash floods - a thread on SG and the climate crisis Image
2/ there was a heavy rain warning today & I don’t think there are any flash floods today (tbh idk how to read @PUBsingapore ‘s flood risk tweet). But I wanted to talk bout flash floods today.
3/ heres a recap of flash floods this year: a June, Nov highlight reel. ImageImageImageImage
Read 44 tweets

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