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Guided by the SmartGreen Philosophy, Aflac identifies and evaluates environmental risks, including climatechange, based on financial impact and probability. Climate Risk Management. In addition, Aflac set the following climate goals: Reduce absolute Scope 1 and 2 emissions 75% by 2030 from a 2007 baseline.
The state's environmental leadership also extends to climatechange mitigation policy. In 2011, enforcement began of the state's low-carbon fuel standard , the world's first. Acute and chronic physical climate risks facing California range from heatwaves to persistent drought, and a seemingly never-ending fire season.
Businesses May Soon Face New SEC Requirements By Chelsea Hicks-Webster As the Earth warms and humans experience the negative impacts of climatechange , investors and society are pressuring companies to react. This pressure has led to a host of standards dictating how companies should report on their carbon performance.
The European Parliament further announced that green claims based solely on carbonoffset schemes shall remain banned. Within five years of submission of the necessary information for the verification, companies will have to review whether it still meets the mandatory requirements and, if not, update the information.
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