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A long-time leader on sustainability, Walmart has worked with suppliers, NGOs, and climate action leaders to inspire positive change across global value chains since 2005. The company aspires to have its own carbon neutral supplychain by 2040 and recently extended its 100% renewable electricity target to all suppliers. .
Since 2005, moreover, urban emissions have fallen by more than a quarter, while rural emissions from those same sectors have remained stable. Source: CDP filings; Environment and Climate Change Canada; Corporate Knights research Others point out that these strategies may do little more than reinforce actions cities were already taking.
For example, one provider calculates a company’s physical risk based solely on its headquarters location, despite its global supplychain stretching across far-flung manufacturing locations. Should companies begin to shrink supplychains, investors need to understand how scenario analysis models should reflect this change.
(“CIF”), a venture capital fund dedicated to advancing the circular economy by investing in growth-stage companies across North America, Europe and Asia, which have the potential to solve complex supplychain problems and minimize environmental impact. Tweet me: @MasoniteDoors announced a €5M investment in the Circular Innovation Fund.
New Zealand, a nation of about 5 million people, in late January reported progress toward its goal to cut emissions by 30 percent over the next decade compared with 2005 levels — but recognized current measures won’t be enough to meet the Paris Agreement goals. It aims to reach net-zero for its own operations and supplychain by 2030.)
The role of forests as carbon sinks and sources of biodiversity is well recognised, but action to clean-up supplychains is slow to reduce deforestation rates. This explainer looks at how investors can encourage companies to remove the products of deforestation from their supplychains.
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