popular articles

Industrial Mobilization for Ecology ahead of COP28

60 leaders of key French companies call for increased investment in a sustainable and equitable ecological transition.
Investissements Écologie Urgence Équité Progrès

Please share:

On the eve of COP28, a vibrant call to action has been issued by top industry leaders. Indeed, these influential figures from the business world, particularly in the energy, transport and construction sectors, have called for greater investment in the ecological transition.

The Challenges and Urgency of Ecological Transition

Their recently-published article underlines the urgency of this approach if we are to achieve a new prosperity that generates jobs. However, the need for this mobilization stems from the current trajectory of greenhouse gas emissions, deemed incompatible with the goal of carbon neutrality set for 2050.

Investment and Innovation for Change

The leaders emphasize the crucial importance of increasing existing investments, particularly from the public sector, citizens and businesses, to promote a significant reduction in emissions and a change in production and consumption patterns.

Carbon neutrality: Objective 2050

These calls to action, from leaders such as Benoit Bazin (Saint-Gobain), Jean Laurent Bonnafé (BNP Paribas), Catherine McGregor (Engie), and others, highlight the urgency of the situation. What’s more, they express a collective determination to demonstrate that change is not only necessary, but also achievable.

Social Consensus and Equity in Transition

Despite the criticism often levelled at these companies for their contribution to greenhouse gas emissions, managers insist on their companies’ capacity for innovation, financing and collective action. What’s more, they stress the crucial role of popular support for this transformation.

The text highlights the interdependence between industrial initiatives and the social acceptance of these changes. Moreover, by advocating a transition that is perceived as fair and beneficial to all, the signatories of the tribune seek to create a consensus on the urgency of climate change and the need for decisive, concerted action.

The appeal from the heads of major companies underlines the urgency of collective action for an effective ecological transition. By focusing on innovation, financing and social commitment, they offer a promising prospect for a sustainable and equitable future.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Octopus Energy has launched "Project Mercury" in London to establish technical standards for integrating smart energy devices globally.
Getlink reports stable Q3 revenue despite a significant decline linked to the suspended ElecLink activity. The company relies on its traditional services to offset losses.
Getlink reports stable Q3 revenue despite a significant decline linked to the suspended ElecLink activity. The company relies on its traditional services to offset losses.
The CEO of TotalEnergies, Patrick Pouyanné, calls for a balanced energy transition, criticizing alarmist approaches and emphasizing the need to reconcile economic development with investment in decarbonized energies.
The CEO of TotalEnergies, Patrick Pouyanné, calls for a balanced energy transition, criticizing alarmist approaches and emphasizing the need to reconcile economic development with investment in decarbonized energies.
The attempted merger between EDP and SSE, aimed at creating a utility giant in Europe, did not come to fruition. This failure reveals crucial strategic issues and influences the European energy landscape in the midst of a transition towards renewables.
The attempted merger between EDP and SSE, aimed at creating a utility giant in Europe, did not come to fruition. This failure reveals crucial strategic issues and influences the European energy landscape in the midst of a transition towards renewables.
ADES has obtained 10-year contract renewals from Saudi Aramco for two onshore rigs in Saudi Arabia, strengthening its position in the Middle Eastern energy market.
Ecopetrol S.A. makes an early repayment of USD 500 million on an international loan, strengthening its financial position and reducing long-term interest expenses.
Ecopetrol S.A. makes an early repayment of USD 500 million on an international loan, strengthening its financial position and reducing long-term interest expenses.
Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.
Fortum, a major player in the Finnish energy sector, is confronting a surge of cyberattacks and suspicious surveillance activities around its facilities in Finland and Sweden, likely orchestrated by Russian actors, heightening geopolitical tensions in the region.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Orlen is facing significant cost overruns and governance issues in its Olefins III project, threatening its financial stability and position in the European petrochemical market.
Chevron Canada Limited and Chevron Canada Oil Sands Partnership have entered into a definitive agreement to sell their interests in the Athabasca Oil Sands Project and Duvernay shale to Canadian Natural Resources Limited for $6.5 billion.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
Getlink temporarily suspends the activity of ElecLink, its cross-channel electric cable connecting France to the United Kingdom, due to a structural defect. The group estimates that this suspension will result in a commercial impact of 46 million euros.
Qatar Electricity and Water Company partners with KAHRAMAA to develop a 500 MW peak power plant in Ras Abu Fontas. The project aims to meet Qatar’s growing energy needs while strengthening the local infrastructure.
Qatar Electricity and Water Company partners with KAHRAMAA to develop a 500 MW peak power plant in Ras Abu Fontas. The project aims to meet Qatar’s growing energy needs while strengthening the local infrastructure.
TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
TotalEnergies announces its intention to establish a dual listing in New York, supported unanimously by its board of directors, while maintaining its presence on the Paris stock market.
TPG, through its TPG Rise Climate fund, acquires the German company Techem for €6.7 billion from Partners Group. This transaction reflects the American fund’s commitment to strengthening its presence in energy efficiency solutions within the real estate sector.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Masdar, owned by the Abu Dhabi National Oil Company (ADNOC), the sovereign wealth fund Mubadala Investment Company, and energy company TAQA, is actively expanding its presence in the renewable energy sector across Europe. The group recently acquired the Spanish firm Saeta Yield from Brookfield Renewable for $1.4 billion. This transaction includes 745 MW of operational wind and solar assets spread across Spain and Portugal, as well as a 1.6 GW development pipeline scheduled for commissioning by 2030.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Eni is in advanced discussions with KKR to sell 20% of its biofuels subsidiary Enilive. Other investors, such as Stonepeak, are showing an interest in a new stake.
Vertex Energy, a major player in the biofuels sector, is declaring bankruptcy and looking for a buyer. This situation illustrates the challenges faced by renewable diesel producers in a market dependent on subsidies.
Vertex Energy, a major player in the biofuels sector, is declaring bankruptcy and looking for a buyer. This situation illustrates the challenges faced by renewable diesel producers in a market dependent on subsidies.
JetBlue and Aether Fuels sign agreement to produce sustainable aviation fuel from waste. The collaboration aims to accelerate the decarbonization of the aviation sector.
AM Green pursues its energy transition strategy with the acquisition of Chempolis Oy. The aim is to produce 0.5 million tonnes of sustainable aviation fuel (SAF) per year by 2027 using biorefineries.
AM Green pursues its energy transition strategy with the acquisition of Chempolis Oy. The aim is to produce 0.5 million tonnes of sustainable aviation fuel (SAF) per year by 2027 using biorefineries.
Air France-KLM has signed a contract with TotalEnergies for the purchase of 1.5 million tonnes of sustainable aviation fuel (SAF) over ten years, with the aim of reducing CO2 emissions and accelerating its decarbonization strategy.
Air France-KLM has signed a contract with TotalEnergies for the purchase of 1.5 million tonnes of sustainable aviation fuel (SAF) over ten years, with the aim of reducing CO2 emissions and accelerating its decarbonization strategy.
Energy companies are calling on governments to meet their COP28 commitments to triple the world's renewable energy capacity by 2030.
Energy companies are calling on governments to meet their COP28 commitments to triple the world's renewable energy capacity by 2030.
Projections by gas industry players in France anticipate a 30% reduction in gas consumption by 2035, with a marked increase in renewable gas to meet European climate targets.
Under pressure from markets and politics, companies are readjusting their climate strategies, raising questions about the sincerity of their decarbonization commitments.
Under pressure from markets and politics, companies are readjusting their climate strategies, raising questions about the sincerity of their decarbonization commitments.
BlackRock acquires a minority stake in Saudi Bahrain Pipeline Company (SBPC) to support the management of Bahrain's energy assets and explore new collaborations in infrastructure.
BlackRock acquires a minority stake in Saudi Bahrain Pipeline Company (SBPC) to support the management of Bahrain's energy assets and explore new collaborations in infrastructure.
Cyberattacks on US energy infrastructure rose sharply in 2024. New studies reveal an upsurge in ransomware and data breaches, highlighting the growing vulnerability of these critical systems.
Cyberattacks on US energy infrastructure rose sharply in 2024. New studies reveal an upsurge in ransomware and data breaches, highlighting the growing vulnerability of these critical systems.

Advertising