EDF + Business

A thriving economy depends on a thriving environment, and vice versa. Now, more than ever, successful business leaders are the ones who raise the bar on corporate sustainability. Environmental Defense Fund is working to create a more sustainable world where companies, communities and the environment thrive. For more than 30 years, we’ve brought cutting-edge science, policy and economic expertise to leading companies to transform business as usual in their products, operations and advocacy. We’ve collaborated with 1 in 3 Fortune 100 companies to find win-win solutions for business and planet. Our work with companies like Walmart, KKR, McDonald's and AT&T creates environmental and business best practices that have been successfully replicated across industries. Being at the forefront of EDF’s private-sector partnerships, we’re now launching our own LinkedIn page to be a resource for sustainable business decision makers. Our page will go more in-depth than other EDF channels and newsletters, while also having content tailored for sustainability, procurement, finance professionals and climate career champions. By following us, you’ll discover: ✅ Insights from EDF experts to drive sustainability business strategies. ✅ Spotlights on net zero news and company success stories. ✅ Access to the latest sustainability reports, trends and data from EDF. ✅ Leading resources to tackle climate risk. Join us to create a more sustainable world. More here ⤵ https://business.edf.org/ 

National oil companies (NOCs) produce *over* half of the world’s oil and gas, and are some of the largest contributors to global methane emissions. Although they have only recently begun to address methane emissions reductions, their efforts, or lack thereof, could greatly impact progress toward #netzero emissions. With diverse financial structures and varying access to global markets, understanding NOCs' financial health and openness to external financing is crucial for investors. To assist in this, we analyzed the financials of 20 of the world’s largest NOCs. 🔎 In a new article in World Economic Forum’s Agenda, our own Andrew Howell and Emerging Markets Investors Alliance (EMIA)’s Pavel Laberko, CFA, FDP outline avenues for investor engagement with NOCs and key characteristics to consider. Read the article: https://lnkd.in/eahs7Vf8

The world's top athletes and boldest climate innovations are converging at the 2024 Paris #Olympics today, set to be the greenest games in history! Innovative businesses like Ecocem Global, a low-carbon cement company that built the Athlete’s Village, are working to lower gametime emissions through decarbonization solutions. Thanks to businesses like Ecocem we're not just dreaming of a sustainable future — we're building it at the Olympics and beyond. 🥇 Decarbonizing our economy is an incredible business opportunity and companies that act in the next decade will determine our success in preventing the worst effects of climate change. 🎬 Stay tuned for more in our Decarbonize Now video series featuring stories from the new climate economy! And discover other sustainability solutions at EDF’s Net Zero Action Accelerator: https://netzeroaction.org/

Hydrogen has real decarbonization potential, but there’s also a lot of hype. So what should climate-conscious investors consider when it comes to building hydrogen into their clean energy portfolios? In our new guide, we provide the essential questions investors should ask to determine the alignment between the climate case and the business case for hydrogen, while also unpacking where hydrogen is best positioned to create lasting climate benefits. Here are the most important principles that guide these questions: ⏳ We have an opportunity to get hydrogen right – before new systems are built at scale globally. 📉 Hydrogen systems should be designed to minimize emissions. 💲 Hydrogen should be used where it can cost-effectively reduce the most climate warming at the lowest possible risk. 📝 Hydrogen systems should be evaluated based on a full system-level assessment. Ultimately, for investors to mitigate risks when it comes to backing hydrogen as part of the energy transition, we must look at how hydrogen deployment is backed by the latest science. More: https://lnkd.in/gfyed3KR

Follow our U.S. Climate Corps Fellows! 🎥 This summer, we’re taking you behind the scenes on what our transformative fellowship program experience is like, and to celebrate how our Fellows are advancing climate strategies at a time the world needs it most.    💵 A (work)force for good: Many of our Fellows are catalyzing investors and financial institutions to accelerate climate action.    ✏️ Our Fellows are busy researching viable financial mechanisms to influence climate action, developing new green financing platforms and leveraging portfolio companies to reduce impact at companies like Chubb, JLL and Rewiring America.    🤩 “For me, working in the sustainability field is driven by the desire to make a positive impact on the planet. The motivation stems from the belief that every effort, no matter how small, can contribute to a sustainable future, and this field offers the opportunity to innovate, create solutions and influence policies that can shape the health of our planet and its inhabitants for generations to come.” — Chinedu Candidus Nsude a current University of Oklahoma student and Sustainable Finance-focused Climate Corps Fellow at Voya Financial.    Money is flowing into green innovation, and we need our future workforce to steer these investments into real climate solutions. Our Climate Corps Fellows are innovating finance to be good for businesses and the planet. You can too:  https://lnkd.in/eT3NqArr  

Take our new quiz to find out where your company is on its sustainability journey! ✏ It can be tough to determine where to start your team's climate action and what opportunities exist to grow capacities 😵, so we're pleased to share the Net Zero Action Accelerator's new Climate Maturity Quiz to help. Our quiz can assess your company's climate maturity and point you to specific guides and resources. ✅ Discover your maturity level across key climate topics: 📏 Measurement and Target Setting ⚖ Governance 💼 Reporting and Disclosure 🤝 Internal and External Engagement Our quiz builds from the Transform to Net Zero Coalition and can help you take the right next step to meet climate goals within your company, value chain and beyond. Try it out here: https://lnkd.in/erhMz_MV

Renewable energy has had a big year. So we're wrapping up our Sustainability Summer School Newsletter series with a spotlight on this fast-paced sector! ⚡ Our series will help elevate your climate action efforts with case studies and resources. Explore: 💡 A collection of action guides on relevant #IRA benefits, renewable energy strategies and energy efficiency methods. 📚 Read insights from companies already acting now including Flying Tiger Copenhagen, Ovako Group, Colgate-Palmolive and Dell Technologies. 🗺 Determine where to start on your sustainability journey with our new climate maturity quiz. ➕ And more! Check it out, and why not subscribe? https://lnkd.in/ea-u6ndf 

We're excited about this one: Starbucks joined the Dairy Methane Action Alliance and demonstrated commitment to transparency and climate action. Alongside 7 other major companies and EDF, Alliance members aim to cut methane emissions in their dairy supply chains. The climate case is crystal clear: Cutting potent methane emissions is a swift and impactful way to combat climate change that CO2 mitigations cannot achieve on its own. We're so proud to be contributing to this vital work, a net zero future, and to drive change with our Alliance members like Starbucks. 🌎 ☕   Here's to securing our food supply chains for healthier people and the planet! Read more about this work: https://lnkd.in/eeVxCeva

Are big banks truly committed to decarbonizing their portfolios in oil and gas investments? 🤔 In a new report, we analyzed 7 major European banks: Barclays, BNP Paribas, Deutsche Bank, HSBC, ING, Societe Generale, UniCredit, and found that many lack detailed #methane disclosures and policies. As key financiers of oil and gas companies, European banks must make mitigating methane emissions from the oil and gas sector a central focus of their sustainability strategies. Why is this important? Accurate methane data is essential. The under-reporting of methane emissions can lead to financial, regulatory and reputational risks for these banks – including missing their publicly committed financed emissions reduction targets. ⚠ Read more of our takeaways and our recommendations for how banks can better manage financed emissions in their oil and gas portfolios here: https://lnkd.in/giSqzENS

Reducing methane emissions from the oil and gas industry is poised to deliver a BIG impact. According to the International Energy Agency (IEA), reducing methane emissions from fossil fuels by 75% by 2030 would require less than 5% of the industry’s 2023 income. 💸 Despite many operators having made pledges to reduce emissions, only a small fraction of the industry has taken meaningful action on methane. Across the world, regulators are filling the void and requiring compliance. To help their portfolio companies remain competitive - and to ensure that leading companies are not undercut by laggards - investors should understand the requirements and how to best manage their engagement strategy. 🛠 Get the tools you need to engage with portfolio companies in our NEW U.S. Oil & Gas Methane Policy guide here: https://lnkd.in/dvabCWvB