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Founded in 2017, Plan A provides corporate carbon accounting, decarbonization, and ESG reporting software. European carbon measurement, reporting and reduction software provider Plan A announced that it has raised $27 million, with proceeds from the financing aimed at growing its team and expanding its platform’s capabilities.
SAP became a member of SBTi in 2017 and was the first German company with a science-based carbon reduction target for 2050. SAP follows the Science Based Targets initiative’s (SBTi) Net-Zero Standard , which provides a credible and independent assessment of corporate net-zero target setting in line with climate science.
In these instances we look for opportunities to structure long-term agreements in a way that supports deployment of new renewable energy projects, in accordance with guidance from industry organizations and standard-setting bodies like RE100 and GreenhouseGasProtocol.
The shareholder resolution encourages TotalEnergies to become “the first oil and gas giant that has its targets for 2030 completely 1.5°C C aligned and be an example for others in the sector”, he added. The company has previously come under pressure from shareholders to improve its performance on Paris Agreement alignment.
The TCFD, created by the G20 Financial Stability Board, issued its disclosure recommendations back 2017. The greenhousegasprotocol has been around for many years and sets out a detailed process (more than 700 pages) for measuring corporate carbon footprints.
The telecommunications giant achieved verification in September 2017. BT was one of the first three businesses in the world, along with Tesco and Carlsberg Group, to achieve target verification in line with 1.5C from the SBTi. From disclosure to transformation.
According to Wyatt, who now acts as Senior Counsel at Persefoni, new mandatory climate disclosure rules are “essentially consistent” in requiring Scope 3 reporting through the GreenhouseGasProtocol, the standard-setter for measuring and managing GHG emissions.“
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