It's not a perfect picture. Jeff Bezos made huge pledges, including $10 billion for the climate and billions to be spent by Amazon in order to reduce its carbon footprint. Bill Gates has been heavily involved in this topic. He wrote a book called How To Avoid a Climate Disaster which was published in February. Elon Musk , CEO of Tesla, is widely known for his views on climate change and has been a driving force behind many automakers' electric vehicles. Warren Buffett is opposed to Berkshire Hathaway disclosing climate risks.
From Nash to Net-Zero: The Quest for EquilibriaPraveen Gupta
With the rise of calls to divest from companies that drive climate change, to boycott the fossil fuel sector, or to become net zero by 2030, #climatecrisis is trending on social media. This article puts forward that a Nash equilibrium buttressed by unprecedented international cooperation would be a prerequisite to reach a net-zero carbon equilibrium. We outline findings from new reports and papers that show how investment but also divestment in carbon-based fuel extraction is occurring, analyze the degree to which greenhouse gas (GHG) emissions are disclosed, and discuss how, even in the absence of such disclosure, the «carbon positions» of companies or investors can be proxied.
Introduction to Environment & SustainabilityIsha Chaudhary
1.GOVERNMENT MINISTRIES, INSTITUTIONS AND ORGANIZATIONS
2.ARTICLES RELATED TO ENVIRONMENTS
3.GREEN BUILDING MATERIALS
4.GREEN BUILDING TECHNOLOGIES
5.FAMOUS ENVIRONMENTALISTS
From Nash to Net-Zero: The Quest for EquilibriaPraveen Gupta
With the rise of calls to divest from companies that drive climate change, to boycott the fossil fuel sector, or to become net zero by 2030, #climatecrisis is trending on social media. This article puts forward that a Nash equilibrium buttressed by unprecedented international cooperation would be a prerequisite to reach a net-zero carbon equilibrium. We outline findings from new reports and papers that show how investment but also divestment in carbon-based fuel extraction is occurring, analyze the degree to which greenhouse gas (GHG) emissions are disclosed, and discuss how, even in the absence of such disclosure, the «carbon positions» of companies or investors can be proxied.
Introduction to Environment & SustainabilityIsha Chaudhary
1.GOVERNMENT MINISTRIES, INSTITUTIONS AND ORGANIZATIONS
2.ARTICLES RELATED TO ENVIRONMENTS
3.GREEN BUILDING MATERIALS
4.GREEN BUILDING TECHNOLOGIES
5.FAMOUS ENVIRONMENTALISTS
Our NEW report out now: ‘The Paris Effect’ demonstrates that countries, companies and investors now have a once-in-a-generation opportunity to scale zero-carbon industries in the 2020s, creating prosperous growth, millions of jobs and more resilient economies.
150 word to each part response follow up . Due 9pm 12 1816 Part1.docxLyndonPelletier761
150 word to each part response follow up . Due 9pm 12 /18/16
Part1
There are many concerns that are brought to the forefront when you discuss the U.S. energy policy and three of those are according to Yacobucci (2016) “…assuring a secure supply of energy, keeping energy cost low, and protecting the environment.” By assuring a supply of energy this is referring to not eliminating one component of America’s consumption of energy while bolstering another. As a nation we want to be independent from the oil from the Middle East, but we cannot simply cut off our intake until there are programs in place to ensure that our economy will not collapse. This ties into keeping energy costs low, as long as there are multiple different means of energy they will drive the prices lower for each other in competition. While switching to an all renewable energy source would be the best for the environment and global warming, it is something that will take decades to accomplish.
There are many merits and risks associated with renewable energy and making it a priority when it comes to the U.S. energy policy. Currently we are largely dependent on foreign oil to sustain our intake of gasoline/diesel for our vehicles. Along with being dependent upon other nations we are also digging into resources that take thousands of years to make instead of using the resources that are around us and will not end. These renewable resources are solar, wind, and hydrologic. If we used these instead to heat our homes, light the streets, and fuel our vehicles not only would we cut down extremely on emissions we would become dependent of other countries. The merits of such a program would be easy to spell out and the risks are evident as well. The number one “risk” is the risk of losing jobs that are already created and destabilizing countries that are reliant on our intake of oil. By increasing our renewable energy sources, we would create thousands of jobs putting the infrastructure into our nation and by having to maintain it. This risk, which sounds like a pro, is associated as a risk because of lobbyists and big business that are relying on increasing the price as we deplete a resource that does have a measurable end to it. That one risk is the reason that renewable energy is not being developed whole heartedly, with proper sanctions and taxes we could be dependent on renewable energy within 20 years.
Part2
Globalization
is a process of interaction and integration among the people, companies and governments of different
nations, a process driven by international trade and investment and aided by information technology.
(
Globalization
org 2016)
Some of the major concerns that occur when it comes to US
energy
policy are security, which is the safety in the prevention of future needs. People fear that environmental
deterioration
will affect present and future
generations
.
, Efficiency, a regulated industry and certain economic activities can be restricted or prohibited.
A search for hope on the climate front lines in 2020Jeremy Leggett
My presentation at Cambridge University on 5th March. In it I describe an idea for a new people-power company to help lead the charge to a zero-carbon world by decarbonising, recarbonising, and pressuring foot draggers: ZeroCarbon Revolution. A video of the talk can be found at https://climateseries.com/
Restoring Earth
Despite heightened awareness of global warming, the proliferation of long-term commitments combined with short-term actions are failing to prevent the spiral towards catastrophic climate change and the continued collapse of biodiversity. As reality bites so does the pressure for more effective collective action to dramatically evolve politics, business and consumption.
This Future Agenda insight explores the challenges ahead and argues that, rather than focusing on the treating the symptoms it would be wiser to tackle the root causes of climate change. For example, by re-thinking mainstream economic principles which are not yet set up to account for the environmental damage that is being created. It suggests that a fundamental new form of measurement is required to ensure that we live within our planetary boundaries.
For more details https://www.futureagenda.org/foresights/restoring-earth/
What Are The Objectives And Strategy For Sustainable Agriculture In Indiathinkwithniche
The foundation of human civilization is agriculture. We couldn't support the large world population without it. Yet, concerns with outdated agricultural methods have caused a growth in sustainable farming and agriculture. Continue reading to find out more about sustainable farming, its main aims, and its main objectives in depth.
Know How Digital India Is Enabling Growth For Indian Economythinkwithniche
As the world recovers from the Covid-19 pandemic, India has become a bright spot on the economic horizon. During the present and the following few years, India will continue to be the largest economy with the quickest rate of growth.
Robert De Niro and Anne Hathaway are the stars of the American comedy The Intern, which was written and directed by Nancy Meyers. It centers on a 70-year-old widower who joins a website for online fashion as a senior intern.
More Related Content
Similar to Contributions Of The World's Richest People To Fight Climate Change
Our NEW report out now: ‘The Paris Effect’ demonstrates that countries, companies and investors now have a once-in-a-generation opportunity to scale zero-carbon industries in the 2020s, creating prosperous growth, millions of jobs and more resilient economies.
150 word to each part response follow up . Due 9pm 12 1816 Part1.docxLyndonPelletier761
150 word to each part response follow up . Due 9pm 12 /18/16
Part1
There are many concerns that are brought to the forefront when you discuss the U.S. energy policy and three of those are according to Yacobucci (2016) “…assuring a secure supply of energy, keeping energy cost low, and protecting the environment.” By assuring a supply of energy this is referring to not eliminating one component of America’s consumption of energy while bolstering another. As a nation we want to be independent from the oil from the Middle East, but we cannot simply cut off our intake until there are programs in place to ensure that our economy will not collapse. This ties into keeping energy costs low, as long as there are multiple different means of energy they will drive the prices lower for each other in competition. While switching to an all renewable energy source would be the best for the environment and global warming, it is something that will take decades to accomplish.
There are many merits and risks associated with renewable energy and making it a priority when it comes to the U.S. energy policy. Currently we are largely dependent on foreign oil to sustain our intake of gasoline/diesel for our vehicles. Along with being dependent upon other nations we are also digging into resources that take thousands of years to make instead of using the resources that are around us and will not end. These renewable resources are solar, wind, and hydrologic. If we used these instead to heat our homes, light the streets, and fuel our vehicles not only would we cut down extremely on emissions we would become dependent of other countries. The merits of such a program would be easy to spell out and the risks are evident as well. The number one “risk” is the risk of losing jobs that are already created and destabilizing countries that are reliant on our intake of oil. By increasing our renewable energy sources, we would create thousands of jobs putting the infrastructure into our nation and by having to maintain it. This risk, which sounds like a pro, is associated as a risk because of lobbyists and big business that are relying on increasing the price as we deplete a resource that does have a measurable end to it. That one risk is the reason that renewable energy is not being developed whole heartedly, with proper sanctions and taxes we could be dependent on renewable energy within 20 years.
Part2
Globalization
is a process of interaction and integration among the people, companies and governments of different
nations, a process driven by international trade and investment and aided by information technology.
(
Globalization
org 2016)
Some of the major concerns that occur when it comes to US
energy
policy are security, which is the safety in the prevention of future needs. People fear that environmental
deterioration
will affect present and future
generations
.
, Efficiency, a regulated industry and certain economic activities can be restricted or prohibited.
A search for hope on the climate front lines in 2020Jeremy Leggett
My presentation at Cambridge University on 5th March. In it I describe an idea for a new people-power company to help lead the charge to a zero-carbon world by decarbonising, recarbonising, and pressuring foot draggers: ZeroCarbon Revolution. A video of the talk can be found at https://climateseries.com/
Restoring Earth
Despite heightened awareness of global warming, the proliferation of long-term commitments combined with short-term actions are failing to prevent the spiral towards catastrophic climate change and the continued collapse of biodiversity. As reality bites so does the pressure for more effective collective action to dramatically evolve politics, business and consumption.
This Future Agenda insight explores the challenges ahead and argues that, rather than focusing on the treating the symptoms it would be wiser to tackle the root causes of climate change. For example, by re-thinking mainstream economic principles which are not yet set up to account for the environmental damage that is being created. It suggests that a fundamental new form of measurement is required to ensure that we live within our planetary boundaries.
For more details https://www.futureagenda.org/foresights/restoring-earth/
What Are The Objectives And Strategy For Sustainable Agriculture In Indiathinkwithniche
The foundation of human civilization is agriculture. We couldn't support the large world population without it. Yet, concerns with outdated agricultural methods have caused a growth in sustainable farming and agriculture. Continue reading to find out more about sustainable farming, its main aims, and its main objectives in depth.
Know How Digital India Is Enabling Growth For Indian Economythinkwithniche
As the world recovers from the Covid-19 pandemic, India has become a bright spot on the economic horizon. During the present and the following few years, India will continue to be the largest economy with the quickest rate of growth.
Robert De Niro and Anne Hathaway are the stars of the American comedy The Intern, which was written and directed by Nancy Meyers. It centers on a 70-year-old widower who joins a website for online fashion as a senior intern.
Green Hydrogen Industry In India: An Overviewthinkwithniche
Within the next 30 years, India aims to decarbonize. The government of India has made deliberate decisions to cut back on expensive imports and reduce its dependency on fossil fuels. The goal of our nation to reach 175 GW of renewable energy capacity by 2022 has been significantly boosted by new policies. India is currently concentrating on the research and production of green hydrogen as an energy source as part of these efforts.
Exploring The Booming OTT Industry In India - Challenges And Opportunitiesthinkwithniche
Paying for entertainment is a challenge in the Indian market. The consumption of digital content is rapidly increasing as a result of the widespread availability of smart devices and affordable pricing mobile data plans. The way Indians consume content has certainly changed since they switched from Doordarshan to Direct-to-Home (D2H) to OTT platforms. Over-the-top (OTT) consumers in India spend about 70 minutes per day on video streaming platforms, with a consumption frequency of 12.5 times per week, according to an Eros Now-KPMG survey!
The Ministry of Information and Broadcasting's Office of the Registrar of the Newspapers for India (official name), also known as Registrar of Newspapers for India (RNI), is a statutory body established by the Government of India for the registration of publications, including newspapers and magazines.
One of the oldest cities in the United States is Boston, Massachusetts. When it comes to food trends, Boston plays things safe. No matter what their taste craves, any eater may have a delicious dinner in today's dining scene. There are countless possibilities because of the diversity of Boston's neighborhoods and the many excellent chefs who have made the city into a culinary wonder.
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There are only a few weeks left until the Uttar Pradesh (UP) Global Investors Summit 2023. The state government, led by Chief Minister Yogi Adityanath, has been working tirelessly to be ready for the UPGIS in order to provide the state with a new level of industrial and economic development. Several of the attempts have, according to official updates, paid off, and the state has been able to secure investment bids totaling close to Rs 7 lakh crore.
Five Remarkable Achievements of Gandhi.pptxthinkwithniche
Gandhi is an important figure for the Indian independence movement and his contribution is huge. His story is well known and yet some aspects of his life remains undisclosed. On his 152 birth anniversary, lets learn more about Gandhi.
What apps people are downloading is an important metric if you want to know what's going on in the world. Facebook experienced a more than 25% decline in 2022, TikTok continued to dominate, and CapCut, a formerly obscure video editing application, entered the top four most downloaded apps globally. It's hardly surprising that it's created by TikTok's parent firm and that influencers prefer to use it to make, you guessed it, TikTok videos.
Explore the Sustainable Tourism Strategy of India for 2023thinkwithniche
Known for its uniquely vibrant culture, India is a country diversified in ancient sites, flavorful cuisine, and amazing landscapes. In 2019 alone, 18 million tourists visited India, with New Delhi being the 8th most popular tourist destination in the world. Consequently, widespread tourism has been a concern for India.
A Closer Look At Forbes 2022 List Of world’s 100 Most Powerful Womenthinkwithniche
From politicians and business executives to humanitarians and celebrities, women have been making waves in the world of powerful individuals. Forbes’ 2022 list of the world’s 100 most powerful women is a true testament to this, featuring a diverse selection of women from all corners of the globe. From the United States to the United Kingdom, and from Asia to Africa, these incredible women are at the top of their respective fields, leading the way in a variety of industries. Whether it’s through their groundbreaking work in government, their tireless efforts to bring awareness to social issues, or their ground-breaking achievements in business, these women are pushing boundaries and inspiring others with their success. Let’s take a closer look at who these powerful women are and what they have accomplished.
Top 7 Healthcare Trends You Need To Know For 2023thinkwithniche
Healthcare is constantly changing, and keeping up with the latest trends can be a challenge. From telehealth to an increased focus on mental health, it's important to stay informed and up-to-date on the healthcare technology trends and digital innovations in 2023 top healthcare trends. 2023 is sure to be an exciting year, with many changes and advances in the healthcare industry. In this article, we’ll look at the top 7 healthcare trends you need to be aware of for 2023. From the emergence of AI-powered new healthcare technology to the growing need for personalized medicine, these trends will shape the healthcare industry in the coming year. We’ll discuss the opportunities and challenges that come with each trend, as well as the impact they’ll have on patients and providers alike. Whether you’re a healthcare professional or just someone interested in staying informed, you’ll find this article a valuable resource. So get ready to learn about the top 7 healthcare trends you need to know for 2023.
World Habitat Day 2022: Every Person Should Have A Safe Housethinkwithniche
It is the dream of every person to have a house, even if it is small but they have their own house. This is the reason that every year on the first Monday of October, World Habitat Day is celebrated all over the world. World Habitat Day is celebrated with the aim of spreading awareness about our basic rights like Bread, Cloth, and Shelter.
Ways To Protect Your Company From Cybercrimethinkwithniche
The Federal Bureau of Investigation FBI saw a 217 percent increase in Cybercrime Reporting between 2008 and 2021. Last year, losses reached almost $7 billion. This is due to a highly skilled cyber-threat supply network that empowers threat actors with limited know-how and limited resources to put at risk personal, economic, and national security.
The Future of Brand Marketing: Virtual Influencersthinkwithniche
CGI influencers, or virtual influencers, are computer-generated 'people' that have the characteristics, features, and personalities of real people. They are created by clever people, whether they be brands or individuals with an eye for technology. Their faces remain anonymous. These creators are responsible to grow their Instagram accounts and mold these virtual figures into the influential personalities and influencers they have become.
Can Blockchain Help Fix Supply Chain Problems In 2022?thinkwithniche
Global supply chains have always been complex and delicate. This has been made more complicated recently by ongoing conflicts and epidemics. Around 90% of the world's goods are shipped via sea using approximately 60,000 cargo vessels, which include 24,000 containers. It's easy to see why everything, from your coffee this morning to the microchip in your smartwatch, can get lost or delayed.
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Every year on September 15, India celebrates National Engineers Day to commemorate the birth anniversary of Bharat Ratna Shri Mokshagundam Visvesvaraya, one of the country's best engineers. This day is observed to recognize the dedication of all engineers who have made significant contributions to the country's growth and development.
World Tourism Day 2022: Explore and Enjoy World's Beautythinkwithniche
Tourism not only contributes to the country's growth and development but also encourages cultural exchange between tourists and locals. It creates thousands of jobs across different industries and encourages infrastructure development.
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The International Day of Democracy, September 15, allows us to appreciate and celebrate our democratic society. People who live in free societies can take their freedoms for granted. Thank the people who helped to develop our governments, then seek out opportunities for promoting and protecting our nation's democracy.
Ever been troubled by the blinking sign and didn’t know what to do?
Here’s a handy guide to dashboard symbols so that you’ll never be confused again!
Save them for later and save the trouble!
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
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Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
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2. Post Highlight
The world has evolved and is continuing to evolve. We are surrounded by technology and have
access to items that make our lives easier. However, as humans evolved, we began to disregard
nature. This has resulted in major climate change. This rare planet must now be saved. There is
no planet B.
Many of the world's wealthiest people are contributing by donating money and investing in
causes that address climate change. Here are ten billionaires who have made significant
contributions to addressing this issue. Fortunately, these wealthy individuals are aware of the
impact their actions are having on the world. So they're all doing their part to save the planet.
Despite the gravity of the threat posed by climate change, many top billionaires are resisting or,
at best, acting silently. This article will discuss some billionaires and what they are doing to
combat climate change.
3. Continue Reading…
The World's Richest People are now richer than ever, and their carbon footprint is growing as a
result. While some of the richest people are involved in Fighting Climate Change, others are not.
A recent United Nations report showed that 15% of global emissions are caused by the richest
1%. What are the top 10 wealthiest people in the world doing to reduce the worst effects of
climate change?
It's not a perfect picture. Jeff Bezos made huge pledges, including $10 billion for the climate and
billions to be spent by Amazon in order to reduce its carbon footprint. Bill Gates has been
heavily involved in this topic. He wrote a book called How To Avoid a Climate Disaster which
was published in February. Elon Musk , CEO of Tesla, is widely known for his views on climate
change and has been a driving force behind many automakers' electric vehicles. Warren Buffett
is opposed to Berkshire Hathaway disclosing climate risks.
Their companies are more likely than their personal pledges to sustain sustainability to make
public commitments. Many have signed up to the Science Based Targets Initiative (SBTi ), a
coalition of international organizations like the United Nations Global Compass which supports
and evaluates business commitments to net zero carbon targets. Experts predict that such
targets will prevent the world from experiencing a temperature rise of more than 1.5 degrees
Celsius. SBTi has established two deadlines. The first is to reduce greenhouse gas emissions by
half by 2030 and then reach net zero carbon emissions by 2050. Once companies commit to the
4. The billionaires' other investments and philanthropic initiatives, as
well as their personal opinions, complete the picture of how they
are committed to sustainability and a future that is carbon
neutral. This is a view of the 10 Richest People in the world.
1. Jeff Bezos
In recent years, the richest person on earth has made many pledges
to combat climate change. These include the Climate Pledge that
Amazon co-founded with the Global Optimism organization and his
Bezos Earth Fund. The Climate Pledge has been signed by 104
corporations to date. It aims to reduce net carbon emissions by
2040. Amazon created a $2 billion Climate Fund, which will invest in
new technologies necessary to create a zero-carbon
economy. Amazon claims to be the largest purchaser of renewable
energy in the world. It has set internal targets such as deploying
100,000 electric cars for its deliveries by 2030 and supporting
carbon-reducing technologies within cloud computing. However, its
sustainability targets have not yet been submitted to other
umbrella organizations like the SBTi to which it committed in May
2020.
Amazon's most recent sustainability report, which was published in
June 2020, gives a glimpse at the scale of the carbon emission
problem the e-commerce giant is facing. As Amazon continued to
grow (revenue increased by 22%), its carbon footprint increased by
15%. Amazon uses a different measure to determine its footprint.
5. It is called "carbon intensity" and measures the carbon dioxide equivalent for each dollar of
gross merchandise sales. Amazon claims that its carbon intensity metric for 2019 was 5% lower
than in 2018. Amazon claims that its carbon intensity metric in 2019 was down 5% compared to
2018.
Bezos was one of 20 prominent investors who launched Breakthrough Energy Ventures, which
was established in 2016 with the goal to invest at least $1B in companies that develop zero-
emission technologies. Bezos launched the $10 billion Bezos Earth Fund in 2017. In November,
he revealed that he had donated $790 million to 16 organizations working on climate change.
This is approximately 0.4% of his $194.4 billion current net worth. The five organizations that
received the largest donations (100 million each) were well-established nonprofits in the
sustainability and environmental sectors. They are the World Wildlife Fund and The World
Resource Institute, The Natural Resources Defense Council, and The Nature Conservancy.
2. Bernard Arnault
Arnault is the king of luxury. He has built an empire of 75 brands for LVMH from Louis Vuitton
and Givenchy. This includes jewelry, fashion, cosmetics, and even a yacht maker--all of which
are facing complex sustainability challenges.
LVMH speaks often with a single voice in sustainability through its LVMH Initiatives For the
Environment program (LIFE), which was renamed "LIFE 360" in December. It set targets like
achieving 100% renewable energy usage by 2020 and eliminating all fossil-based virgin
packaging by 2026. LVMH promised in 2017 that it would reduce its carbon emissions by 25% by
2020.
6. LVMH declined to be a signatory to the Fashion Pact. This Pact is led by Kering and commits its
signatories that they will implement the U.N. principles. Fashion Charter: 25% low-impact
material sourcing by 2025. 50% renewable energy by 2025. 100% by 2030. Arnault stated that
these targets weren't practical for LVMH's business and added "we prefer actions to pacts."
Arnault also has investments in French fashion brand Hermes, and grocery chain Carrefour,
both of which are signatories to Kering’s Fashion Pact. Hermes committed to the SBTi in Dec,
but has not yet specified its targets. Carrefour also committed to the SBTi and has set targets.
It is not known what Arnault's personal contributions to sustainability and his commitment to it
are. A glimpse into Europe's richest man’s attitude towards sustainability was revealed by
Arnault's criticism of Greta Thunberg (a teenager climate activist) in 2019. He said that Greta
was "surrendering totally to catastrophism" before adding: “I prefer positive solutions that
enable us to move towards a more optimistic situation.“
3. Elon Musk
Elon Musk was first made a billionaire in 2012 through his shares in Tesla Electric Cars and
SolarCity, two companies that provide an alternative to fossil fuels. Musk also used his
influence to advocate for a carbon tax (which the U.S. doesn't have) as well as to denounce
climate denialism by leaving a White House advisory position following President Trump's
withdrawal from the Paris Agreement on Climate Change.
The first impact report by Tesla in 2019 outlines its 2017 global carbon emissions. It focuses on
how Tesla can save energy and avoid waste, rather than setting goals. Some commentators, such
as Bloomberg Opinion contributor David Fickel, have recently criticised for not adequately
disclosing its carbon emissions and energy consumption and failing to recognize its growing
carbon footprint.
7. Musk is still focused on carbon removal. Musk pledged $100 million to XPrize in February to
fund a four-year competition that opened for entries on April 22 to find solutions to "collectively
reach the 10 gigatons per annum carbon removal target by 2030."
Musk and his foundation made the donation. The website contains only an HTML page listing
five areas, renewable energy research and advocacy being one. Musk's philanthropic efforts
were well-publicized. Musk claimed that a $38,900 contribution to Republican
politicians was 0.5% of his donation to the Sierra Club environmental organization.
4. Bill Gates
Microsoft has set targets for September 2019 to source 100% renewable power by 2030, and
reduce greenhouse gas emissions per unit of revenue by 30% by 2030. This is a significant
improvement on 2017 levels. Microsoft also signed the Amazon Climate Pledge.
Although Gates has lost his position as the world's richest person in recent years he is still one of
the most outspoken billionaires around when it comes to climate change investing and
philanthropy. He's also the author of a best-selling book, How to Avoid a Climate Disaster.
Microsoft, the company that made Gates billionaire, has now matched his cofounder's
sustainability efforts. It set one of the most ambitious climate targets in the tech world:
becoming carbon neutral by 2030. This means removing more carbon than the company
creates. Microsoft's goal is to eliminate all carbon emissions from its history by 2050. (Gates left
the Microsoft board in March 2020.
In 2015, Gates pledged $2 billion to climate change efforts while world leaders negotiated Paris
Agreement. He also rallied other business leaders such as Mark Zuckerberg and Bezos to create
the Breakthrough Energie Coalition.
8. 6. Warren Buffett
Buffett's 2015 statement in a letter to Berkshire Hathaway shareholders about the possibility
that climate disasters could boost profits for insurance companies has been viewed as a poor
decision by someone who is known as "the Oracle of Omaha". Reinsurers will face a $100 billion
hit in 2020 for a series of devastating wildfires, hurricanes, and floods.
Buffett highlighted his company's support for renewable energy in the Paris Agreement
letter. Buffett strongly opposed the creation of a report about the risks climate change poses to
the company when the proposal was made. Buffett stated that climate change shouldn't be a
concern if you only think as a shareholder in a major insurer.
Buffett has not changed his attitude towards climate change reporting and risk over the past six
years. He opposes a new shareholder proposal to make climate change reports. Berkshire's
annual proxy file states the board of directors "unanimously favors the vote against the
proposal", with Buffett's 2015 email cited as one reason for the opposition.
7. Larry Ellison
Ellison's software company Oracle holds a clear view on sustainability. It proudly declares,
"Oracle recognizes sustainable business is good for business," and also displays
the sustainability goals of the company. These goals are not yet submitted to SBTi.
Ellison, who was CEO from 2014 to 2014, remained chairman and chief technology officer. His
hobbies include sailing and other activities that reflect his sustainability philosophy. In 2018,
Ellison launched the SailGP Catamarans Race. It is currently worth $200million. In 2018, Ellison
launched the SailGP catamarans race. Ellison's most ambitious venture is to transform the
Hawaiian island Lanai (which he purchased in 2012 for $300M) into , a clean energy and
wellness utopia. He founded the wellness company Sensei in Lanai.
9. It has launched a $3,000-per-night spa, Sensei Retreat, and solar-powered hydroponic
greenhouses, Sensei Farms. Ellison hopes to make the entire island more solar-powered by his
farms, which are completely off-grid.
Ellison closed his philanthropic foundation last January. He had spent most of his donations on
healthcare and education--his current focus is the Covid-19 pandemic.
8. Larry page and Sergey Brin
Sergey Brin (R) and Larry Page (L), are the co-founders of Google. Google was founded with the
motto "don't do evil" and became one of the world's largest companies. In 2009, Google
announced that part of 2008 and 2007 carbon emissions had been offset by purchasing "high
quality carbon offsets." Alphabet has become Google's parent company. Alphabet claims that it
has been sourcing energy from renewable sources since 2017. Alphabet's latest goal is to
operate its campuses and data centers on carbon-free energy 24 hours a day by 2030.
Google founders are open about their commitment to sustainability, even when it causes
controversy such as in 2014 when they quit the American Legislative Exchange Council (free
market lobbying group) over its links with climate change denial. However, Page and Brin were
critic for their secret retreat in Italy, which cost them $29million. Many of their A-list guests,
who were invited to discuss climate change, traveled by private jets.
The co-founders of Alphabet have similar business interests but are not related to each other in
innovative technologies. Page invested in the recently defunct asteroid mining startup Planetary
Resources as well as flying cars companies Kitty Hawk, and Opener. Brin is said to have been
active for four years in the secretive LTA Research startup. Its mission is to create hydrogen- and
helium-powered airship that can be deployed in disaster zones.
10. The Breakthrough Energy Ventures investment arm, which focuses on zero-carbon technologies,
was launched in the following year with a budget of $1 billion. It has invested in 40
companies and raised $1 billion more this January. Gates stated to Forbes earlier this year that
he will commit $2 billion to zero-carbon technologies in the next five years.
5. Mark Zuckerberg
Facebook announced that it had reached net zero emissions for both its energy purchases and
its own emissions. It also stated that it was working towards a net-zero target for indirect
emissions from Facebook's activities by 2030. Facebook stated that it supports Science Based
Targets, which it committed to in September but has yet to submit targets.
Facebook's sustainability efforts are centered on renewable energy. Facebook boasted that it
was the largest corporate buyer of renewable energy in 2019. However, it stated it intends to
invest in carbon removal projects and other nature-based solutions.
Facebook's recent efforts in clamping down on misinformation posted on the platform--a U-turn
by Zuckerberg who previously refused to play the role of factchecker --will now include climate
change through a new section dedicated to debunking climate myths.
Zuckerberg stated that he supported Gates' Breakthrough Energy Coalition in 2015. However, it
is not clear how much he contributed. He and his wife Priscilla Chan created The Chan
Zuckerberg Initiative in 2015, a limited-liability company for advocacy and charitable purposes
to which they have pledged 99%.
So far, the Chan Zuckerberg Initiative has committed just over $2B to different projects. While
none of the foundation's areas of focus are specifically focused on climate change, sustainability
is a priority for some grant recipients.
11. 9. Leonardo DiCaprio
Oscar-winning actor Leonardo DiCaprio is well-known for his environmental activism. He
founded the Leonardo DiCaprio Foundation in 1998. Its mission is to "help restore balance to
endangered ecosystems, ensuring long-term well-being for all Earth's inhabitants". He donated
$4 million in July to the Amazon Fires relief effort. In the past, he has made many donations for
climate change. His organization actively supports rebuilding ecosystems all over the globe.
10. Francoise Bettencourt Meyers
Francoise Bettencourt Meyers is a heiress to L'Oreal Cosmetics and a board member of the top
cosmetics company in the world. SBTi commitment? Yes, l'Oreal made a commitment in April
2018 to reduce its greenhouse gas emission by 25% by 2030. This is in addition to reducing its
absolute emissions by 100% at its sites by 2025.
The world's richest woman is also among the most publicity-shy--perhaps that's to be expected
after she spent years in embroiled in a very public scandal, dubbed the Bettencourt Affair,
spurred by her lawsuit against a photographer that received nearly $1 billion in gifts from her
mother over the years.
Betterncourt Meyers is also the president of her family's foundation. This foundation does not
focus on climate change or sustainability but instead focuses on the arts, life sciences, and
inclusion.
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