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Climate research provider and environmental disclosure platform CDP announced today that more than 18,700 companies disclosed environmental data through CDP this year, marking an increase of more than 40% over the prior year. Mercedes Tallo, Chief Stakeholder Officer at CDP, said: “This is a landmark year for environmental disclosure.
In 2018, CDP analyzed a group of 296 companies that had consistently responded to its requests for water data. Of this group, 75 percent reported exposure to water risks — which include operational, regulatory, reputational and financial — compared to 70 percent in 2015.
CDP disclosure is driving corporate transparency and helping to guide, incentivise and assess climate action. In 2021, a record-breaking 13,000+ companies representing over 64% of global market capitalization disclosed through CDP – 35% more than 2020, and over 141% more than when the Paris Agreement was signed in 2015.
Most of these reductions were made from 2015 to 2021 when Enel shut down some 40 of its 50 coal power plants fast and furiously (from 31% of generation capacity to 6%). Source: Corporate Knights, CDP Note: percentages for “How GHG reductions were achieved” may not add up to 100% due to rounding. Divestments (9%).
DESCRIPTION: By the end of 2021, Electrolux had reduced its absolute scope 1 and 2 greenhouse gas emissions (direct and indirect in operations) by 78% compared to 2015. Tweet me: By the end of 2021, @electrolux had reduced its absolute scope 1 and 2 greenhouse gas emissions by 78% compared to 2015, four years ahead of its 2025 plan.
Laurent Babikian, Joint Global Director Capital Markets at CDP, said: “The past few months of extreme weather have again shown us what a warming world does at 1.2 It will get catastrophically worse unless we see an unprecedented reduction in GHG emissions – 50% in the next eight years – to allow us to cap the rise at 1.5
CDP is widely respected among asset managers, and there is growing interest in the efforts of the Global Reporting Initiative-Sustainability Accounting Standards Board to arrive at a simpler, sector-specific, financially relevant set of performance metrics.
Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. The Company’s A- score placed Fifth Third in the top quartile of CDP’s Financial Services Activity Group. About TCFD.
The new index, CAC SBT 1.5°, was launched with the support of asset manager Amundi, climate research provider and environmental disclosure platform CDP and SBTi.
CDL was the only real estate company in Southeast Asia and the only Singapore company recognised as a 2022 CDP Supplier Engagement Leader for the third consecutive year, placing CDL amongst the top 8% of companies assessed by CDP for supplier engagement on climate change.
While the rate of annual deforestation slowed to about 25 million acres between 2015 and 2020, the trendlines in several regions — especially countries in Africa and South America — aren’t moving in the right direction. Cattle-rearing practices in Brazil are of particular concern among multiple NGOs.
Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.
Other notable accolades include maintaining double ‘A’s in the 2021 CDP Global A List for corporate climate action and water security. Over the years, CDL’s robust sustainability reporting has evolved into a unique blended model using GRI Standards as its core since 2008.
Commitment to nature and biodiversity preservation through TNFD framework The Company has built up a unique blended sustainability reporting framework comprising the Global Reporting Initiative (GRI) Standards at its core since 2008, adding CDP since 2010, the Global Real Estate Sustainability Benchmark (GRESB) since 2013, Integrated Reporting Framework (..)
To learn more about Aflac Incorporated’s Climate Change 2021 submission to CDP and 2020 TCFD report, click here. to achieve ISO 50001:2011 Energy Management Systems certification and the only insurance company to achieve both ISO 50001:2011 Energy Management Systems and ISO 14001:2015 Environmental Management certifications.
Other notable accolades include maintaining double ‘A’s in the 2021 CDP Global A List for corporate climate action and water security. Over the years, CDL’s robust sustainability reporting has evolved into a unique blended model using GRI Standards as its core since 2008.
Commitment to nature and biodiversity preservation through TNFD framework The Company has built up a unique blended sustainability reporting framework comprising the Global Reporting Initiative (GRI) Standards at its core since 2008, adding CDP since 2010, the Global Real Estate Sustainability Benchmark (GRESB) since 2013, Integrated Reporting Framework (..)
Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.
Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.
The TCFD was established by the Financial Stability Board in 2015, with the goal of developing consistent disclosure standards for companies, in order to enable investors and other stakeholders to assess the companies’ climate-related financial risk.
Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.
SBTi has approved the targets covering greenhouse gas emissions from iPoint’s operations (scopes 1 and 2) as consistent with reductions required to keep global warming to well-below 2°C, a goal in line with the Paris Climate Agreement of 2015.
Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.
Companies, investors, and policy makers can also find resources from Ceres, World Resources Institute, Science-Based Targets Initiative, CDP, and Guidehouse. It has reduced its Scope 3 emissions by 6% compared to 2015 levels over a period in time where the company has seen significant growth.”.
Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. The Company’s A- score placed Fifth Third in the top quartile of CDP’s Financial Services Activity Group. About TCFD.
Faillo began his career at Fifth Third in 2015 and most recently served in Investor Relations as the director of ESG reporting and analytics. Achieved an A- CDP Leadership Score in 2021. Since 2019, Faillo has led the Bank’s ESG strategy and reporting and serves as chair of the ESG Committee.
Faillo began his career at Fifth Third in 2015 and most recently served in Investor Relations as the director of ESG reporting and analytics. Achieved an A- CDP Leadership Score in 2021. Since 2019, Faillo has led the Bank’s ESG strategy and reporting and serves as chair of the ESG Committee.
2 The inventory was compiled in accordance with the WRI/WBCSD Greenhouse Gas (GHG) Protocol – A Corporate Accounting and Reporting Standard (Revised Edition 2013) including the amendment to this protocol, GHG Protocol Scope 2 Guidance (2015). 10 Inventory and reporting are aligned with RE100 technical criteria and supplemented by CDP.
Tim Spence, who has been a part of Fifth Third’s leadership team since 2015, will become chief executive officer in addition to his current role as president of Fifth Third Bancorp. These efforts and others led to Fifth Third again receiving an A- leadership score from CDP for the third consecutive year.
In 2015, I found out that Cisco was hiring a sustainability manager in its Shenzhen office. One way is by improving their water reporting and target setting performance through the CDP platform , the other is to advance their progress to the AWS (Alliance for Water Stewardship) standard. I never thought that my dream would come true.
Founded in 2015, as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), SBTi has emerged as one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of addressing and limiting climate change.
ESG Investor’s weekly round-up of moves and appointments in the sustainable investing sector, including AXA IM, Macquarie AM, Pollination, Sphera, ISSB, and CDP. . Paul Simpson , CEO of environmental disclosure platform CDP , has been awarded an OBE for services to tackling climate change.
Since its foundation in 2015, the majority of SBTi companies with 1.5°C Since its foundation in 2015, the majority of SBTi companies with 1.5°C The new report also shows that SBTi companies are associated with a 12% emissions reduction across Scope 1 and 2 emissions in 2020 and a longer-term reduction of 29% since 2015.
In 2015, I found out that Cisco was hiring a sustainability manager in its Shenzhen office. One way is by improving their water reporting and target setting performance through the CDP platform , the other is to advance their progress to the AWS (Alliance for Water Stewardship) standard. I never thought that my dream would come true.
C warming target set in the 2015 Paris Agreement on climate change, and there must be a “rapid acceleration of mitigation efforts after 2030” if there is any hope of limiting global temperature increases to 2°C. . The Carbon Disclosure Project’s (CDP) 2021 Global Supply Chain program, which represents 200 member organisations with US$5.5
In 2015, when a group of us met to ensure the voice of forward-looking business was heard at the crucial COP21 Paris Climate negotiations, this observation felt painfully familiar. Such initiatives were virtually inconceivable in 2015, and today they are primed for rapid expansion.
Reduction targets are “science-based” if they align with levels the scientific community deems necessary to meet the 1.5 - 2 °C temperature reduction target set by the 2015 Paris Agreement. The Science Based Targets initiative (SBTi): Defines and promotes emission reduction best practices aligned with climate science.
SBTi, a partnership between the CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), notably tightened its emissions reduction frameworks last year, having previously accredited strategies aligned to a 2°C rise in global temperatures. Addressing greenwashing.
2021 SUSTAINABILITY PROGRESS UPDATE It gives me great pleasure to say that the most recent sustainability progress report shows that OSI has already disclosed key supply chain information to the CDP, a non-profit organization dedicated to addressing human impacts on climate change, which was one of our sustainable supply goals.
This database was first compiled by the Climate Accountability Institute back in 2013 and is kept up to date through collaboration with disclosure platform CDP today. To this end, the Carbon Majors Database tracks the emissions of the top 100 oil, gas and coal mining groups. Less green over time. Scope 3 reporting.
In December 2015, as a response to increasingly frequent environmental disasters that disrupted ecosystems and human health — plus caused unforeseen business losses and jeopardized assets and infrastructure — the Financial Stability Board launched the Taskforce on Climate-related Financial Disclosures (TCFD).
In 2015, we saw an initial connection between these inalienable human rights and the climate, as the UN’s High Commission for Human Rights went about identifying the key related human rights undermined by human-caused climate breakdown. CDP, “New report shows just 100 companies are source of over 70% of emissions,” July 10, 2017.
For the seventh year, we achieved an ‘A’ from CDP Forests Disclosure, which assessed our progress in measuring and managing forest-related risks and opportunities. We strive to lead the way in corporate transparency and performance on forests and joined the CDP naturepositive challenge. Díaz, & H. IPBES secretariat. 6 Ceballos, G.,
Only company in Southeast Asia and Hong Kong to score double 'A's in 2019 CDP Global A List for corporate climate action and water security ? CDL was also the only company in Southeast Asia and Hong Kong to score double 'A's in the 2019 CDP Global A List for corporate climate action and water security.
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