Tag Archives: Social and Governance

Mercedes-Benz Digital ESG Touts Cutting CO2 Emissions

The German auto industry is currently under heavy criticism for its lobbying the German government to not impose sanctions on the use of Russian or other fossil fuels, saying it can’t be done. However, the latest UN report – IPCC’s Sixth Assessment Report (AR6) –  says: “The application of diverse policy instruments for mitigation at the national and sub-national levels has grown consistently across a range of sectors By 2020, over 20% of global GHG emissions were covered by carbon taxes or emissions trading systems, although coverage and prices have been insufficient to achieve deep reductions By 2020, there were ‘direct’ climate laws focused primarily on GHG reductions in 56 countries covering 53% of global emissions Policy coverage remains limited for emissions from agriculture and the production of industrial materials and feedstocks.” Continue reading

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