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But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. Source: Corporate Knights, CDP Note: percentages for “How GHG reductions were achieved” may not add up to 100% due to rounding. dollars) through 2030.
The CDP Global Water Report (2020) informs us that, when it comes to water security, “The cost of inaction is five times the cost of action.”. Water-related issues are headlined daily, and major reports back this up. Water is often an overlooked component in ESG. How can companies incorporate water practices into their ESG reporting?
In September 2020, five of the major global reporting organizations came together to form the Comprehensive Reporting group, signaling their intent to work towards a common framework with a single set of global reporting standards. Starting in 2022, CDP will also include questions for corporate disclosure around RE100 commitments.
The evolving climate drives physical risks—damaged or strandedassets and business-interruption costs from severe weather events. Republic Services is on Barron’s 100 Most Sustainable Companies list and CDP Worldwide’s Climate A List. In 2020, approximately 61% of electricity generated in the US came from fossil fuels.
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