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On the fifth anniversary of the TCFD, a call to action

GreenBiz

December marks the five-year anniversary of the Paris Agreement — a turning point for the movement to limit dangerous climate change and environmental destruction. In its latest status report, the TCFD notes that investor support for its recommendations grew by 85 percent from 2018 to 2019. Ateli Iyalla. Mon, 12/14/2020 - 00:05.

CDP 203
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Gildan Publishes Its 18th Environmental, Social, and Governance (ESG) Report

3BL Media

The Company thus set a strong base for fulfilling its future environmental goals and reaching the level of decarbonization required to meet the goals of the Paris Agreement, and early in 2022, Gildan signed the Science Based Targets initiative (SBTi) commitment letter. 18% reduction in water intensity compared to 2018.

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Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

Net Zero 147
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Mondel?z 2022 Snacking Made Right Report: Climate & Environment

3BL Media

See our TCFD index for references to our CDP response and portions of this report on how we address the eleven recommendations of TCFD. The identification of emerging climate risks is informed by external scans of megatrends, consultancy and industry reports, peer CDP disclosures, TCFD reports, annual reports and 10-Ks.

Net Zero 130
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Joint statement: Carbon markets must be a transparent, high integrity part of broader corporate climate action

We Mean Business Coalition

Download: Carbon markets must be a transparent, high integrity part of broader corporate climate action (pdf) The recent synthesis report from the Global Stocktake is a stark reminder: the world continues to veer dangerously off course from the long-term objectives outlined in the Paris Agreement.

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Bloomberg Publishes 2021 Impact Report

3BL Media

This includes a 32% reduction in Scope 1+2 emissions (target: 80%) and a 77% 1 reduction in Scope 3 emissions (target: 20%) from a 2018 baseline. Bloomberg is making progress towards its validated science-based targets for 2030 which are in line with required global emissions reductions necessary to limit global temperature rise to 1.5

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Listen to the Science

Chris Hall

But SBTi’s status as the gold standard for companies serious about decarbonising in line with the Paris Agreement took a serious hit last month after a highly public spat between staff and executives. SBTi, a UK-registered charity, is a collaboration between the UN Global Compact and NGOs CDP, World Resources Institute and the WWF.