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Originally published on Essity Newsroom The hygiene and health company Essity has been awarded a place on the global non-profit environmental organization CDP's "A List" for its leadership in corporate transparency and performance on climate. For CDP forest, Essity has been awarded an A-.
December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climatechange and environmental destruction. These leaders understood the direct linkage between climatechange and financial risk. On the fifth anniversary of the TCFD, a call to action. Ateli Iyalla.
Nearly 1,500 companies with a high environmental impact will be targeted by an engagement campaign by investors representing over $31 trillion in assets urging them to disclose their impact on climatechange, forests and water security.
A group of nearly 300 financial institutions representing almost $29 trillion in assets are urging some of the world’s highest impact companies, including Exxon, Chevron and Caterpillar, to disclose environmental data on themes including climatechange, water and forests, through the CDP environmental disclosure platform.
Montreal is a famously climate-conscious big city. Mayor Valérie Plante, a reform-minded progressive who’s held office since 2017, has pushed hard to build separated bike lanes, plant thousands of trees and designate pedestrian-only zones. Everything about the city now has to [be seen through] this lens – what about climatechange?”
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. Click here to access the 2022 TCFD status report.
Secured over S$3 billion of sustainable financing since 2017. As one of Singapore’s pioneers in real estate and green buildings, we have been proactively aligning our business with global and national goals to mitigate the negative impact of climatechange. Leveraging Green Finance to Accelerate Low-Carbon Solutions.
This year’s list, compiled by the Financial Times and market research company Statista, recognizes European businesses whose Scope 1 and 2 GHG emissions intensity fell the most between 2017 and 2022. Trane Technologies is uniquely positioned to lead the movement to tackle climatechange and empower its customers to decarbonize.
Among 550 Hong Kong-listed companies, Lenovo received the strongest score in the IT industry for its environmental achievements, which have also been recognized by CDP for leadership in climatechange and supplier engagement.
More than 4,500 suppliers globally are engaged in Project Gigaton™ and as of 2021, those suppliers report having reduced or avoided a cumulative 574 million metric tons of carbon emissions since 2017 by adopting various sustainability strategies. . Headquartered in Denmark, Ørsted's shares are listed on Nasdaq Copenhagen (Orsted).
Secured over S$3 billion of sustainable financing since 2017. As one of Singapore’s pioneers in real estate and green buildings, we have been proactively aligning our business with global and national goals to mitigate the negative impact of climatechange. Leveraging Green Finance to Accelerate Low-Carbon Solutions.
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 climatechange.
Mr. Gordon, who has been acting Interim Executive Director for the past year, was Network USA’s first employee, joining the organization in 2017. Previously, Adam worked at CDP, supporting integrating climatechange, water, and deforestation disclosure into corporate performance.
Guided by the SmartGreen Philosophy, Aflac identifies and evaluates environmental risks, including climatechange, based on financial impact and probability. To learn more about Aflac Incorporated’s ClimateChange 2021 submission to CDP and 2020 TCFD report, click here. Strategic sourcing and procurement.
Achievements include a 9% reduction in operational greenhouse gas emissions over the 2017 baseline year, ahead of pace to reach the Company’s interim target of a 10% reduction by 2025, and development of the nation’s first integrated plastics recycling facility. “At
These targets build upon the Bank’s initial five goals set in 2017, which established the foundation for Fifth Third to reduce the environmental impact in its own operations. The 2017 goals were to purchase 100% renewable power and to reduce its energy use, greenhouse gas emissions, water use and waste sent to landfills by 2022.
These targets build upon the Bank’s initial five goals set in 2017, which established the foundation for Fifth Third to reduce the environmental impact in its own operations. The 2017 goals were to purchase 100% renewable power and to reduce its energy use, greenhouse gas emissions, water use and waste sent to landfills by 2022.
The Bank’s 2021 ESG Report includes, among other updates, progress reports of actions taken under Fifth Third’s five Board-approved ESG priorities: ADDRESSING CLIMATECHANGE. We named our first chief sustainability officer and first climate risk officer. PROMOTING INCLUSION & DIVERSITY. Just one year into our $2.8
Acer extends CDP Supply Chain [1] to three tiers of suppliers. With the growing number of natural disasters around the world triggered by climatechange, constructive and collective action is needed to address the pressing issues. 1] CDP [link]. [2] SOURCE: Acer. 3] As for 2021. [4]
The Bank’s 2021 ESG Report includes, among other updates, progress reports of actions taken under Fifth Third’s five Board-approved ESG priorities: ADDRESSING CLIMATECHANGE. We named our first chief sustainability officer and first climate risk officer. PROMOTING INCLUSION & DIVERSITY. Just one year into our $2.8
We recognize that climatechange is bigger than us and that the financial sector has an important role to play in addressing it. In February, we published our second TCFD Report, which details our climate strategy and efforts.
CDP-led engagement campaign for corporate environmental disclosures makes limited progress. This is according to a new report by sustainability disclosure platform CDP, which outlines the 2021 results of its Non-Disclosure Campaign (NDC), first launched in 2017. Dragging their feet.
The Task Force on Climate Related Financial Disclosures (TCFD) first released recommended disclosures on climate risk in 2017. Since that time, transparency on climate impacts and risk has become increasingly central to economic activity, and more companies are beginning to report in accordance with the TCFD framework.
All regulations, whether based on the ISSB standards or the EU or China’s own standards, have the Taskforce of Climate-Related Financial Disclosure (TCFD) principles inbuilt. This means companies MUST consider the financial risks of climatechange on the company’s financial situation – short, medium and long term.
CDP, “New report shows just 100 companies are source of over 70% of emissions,” July 10, 2017. link] UNICEF, “One billion children at ‘extremely high risk’ of the impacts of the climate crisis – UNICEF,” August 19, 2021. link] Oxford Language : Dignity: the state or quality of being worthy of honor or respect.
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 ? Changing the Future.", 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.
In 2017, the forward-thinking approach of the LIPA Board of Trustees led to the approval of the South Fork Wind project at a time when there were no other power purchase agreements for offshore wind in the country. Headquartered in Denmark, Ørsted employs 6,836 people. Ørsted's shares are listed on Nasdaq Copenhagen (Orsted). billion (EUR 10.4
What seemed to resonate best in follow-up discussion was the possibility of analogizing our climate crisis to the issues of forced labor and LGBTQ rights, regarding which corporations have been willing to embrace a relatively simple and effective moral framing, language, and demand. . Dignity First Economic Leadership.
Only 1% of over 13,000 corporates across 13 industries and 117 countries disclosed against 24 key climate transition plan indicators, according to a 2021 report by sustainability disclosure platform CDP. Holding companies accountable will likely help to “substantially reduce” the level of anti-climatechange lobbying, he adds. .
Heightened attention Established in 2017, CA100+ aims to collectively supporting the goals of the Paris Agreement by challenging the large corporate greenhouse gas emitters to take action on climatechange. It has engaged more than 170 heavy-emitting firms representing a total market capitalisation of US$10.3
Ballen, who recently took on her new role at Indigo Ag, says her time working in the food and beverage sector shed light on "just how important agriculture is to a sustainable future and the climatechange battle.". — Senior Sustainability Consultant — Climate Strategy Lead, Quantis International; San Diego. Meg Wilcox.
New Zealand Prime Minister Jacinda Ardern wasted little time raising the stakes in her nation’s fight against climatechange after handily winning re-election in October. Drawing on that mandate, Ardern declared a "climate emergency" and set the wheels in motion for New Zealand’s public sector to become carbon neutral by 2025.
But if the pandemic has laid bare America’s so-called "digital divide," climatechange will only worsen the inequality that stems from it. Unless, that is, we can bring everyone’s internet up to speed, which is what Democratic lawmakers on the House Select Committee on the Climate Crisis are hoping to do.
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