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Since engaging in Ørsted’s supplier decarbonization programme, Van Oord has begun developing a similar programme for its own suppliers, demonstrating a clear commitment to driving change. Van Oord has also signed up to the SBTi, with an additional commitment to the Business Ambition for 1.5°C C initiative.
DESCRIPTION: LAUSANNE, Switzerland, December 20, 2022 /3BL Media/ - Tetra Pak has been recognised for leadership in corporate transparency and performance on climate change and forests by global environmental non-profit CDP , securing a place on its prestigious ‘A List’ for the fourth year running. SOURCE: Tetra Pak.
This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Source: Corporate Knights, CDP Note: percentages for “How GHG reductions were achieved” may not add up to 100% due to rounding. We eventually whittled the list down to?20
Mondelēz 2022 Snacking Made Right Report Climate Risks We know how important it is to identify and assess our climate risks. See our TCFD index for references to our CDP response and portions of this report on how we address the eleven recommendations of TCFD. Read more in the Mondelēz 2022 Snacking Made Right Report
January 31, 2022 /3BL Media/ — In 2018, T-Mobile (NASDAQ: TMUS) was the first and only U.S. T-Mobile is an example of leadership for sustainability in its industry,” said Louisa Plotnick, Head of Programs, North America, at Climate Group, which co-leads the RE100 in partnership with CDP. “By SOURCE: T-Mobile.
Originally published in the SEE Impact Report 2022 To mitigate the impacts of climate change across the value chain, global packaging provider SEE drives strategic initiatives to manage and reduce greenhouse gas (GHG) emissions. SEE did not generate perfluorocarbons nor nitrogen trifluoride emissions during reporting year 2022.
Carbon Disclosure Project (CDP) supply chain emissions are more than 11 times higher on average than operational emissions — and can be even larger in industry segments like retail, apparel and services. The CDP also warns that organizations are facing up to US$120 billion in costs from environmental risks in their supply chains by 2025.
October 18, 2022 /3BL Media/ – Walmart Inc., This effort aligns with Ørsted’s own net-zero by 2040 supply chain initiative - we understand firsthand that in the realm of decarbonization there are no competitors, only partners. With fiscal year 2022 revenue of $573 billion, Walmart employs approximately 2.3 Smucker Co.,
With the test phase complete, we plan to implement the gas replacement in all chamber clean processes at our German production site by the end of 2022. While we have set longer-term goals, we are continuing to make progress on our path to achieving our 2025 GHG reduction goal. Learn more in Qualcomm's 2021 Corporate Responsibility Report.
DESCRIPTION: RUEIL-MALMAISON, France, February 10, 2022 /3BL Media/ - Schneider Electric , the leader in the digital transformation of energy management and automation, has been named one of Fortune’s 2022 World’s Most Admired Companies for the fifth year in a row. About Schneider Electric. www.se.com.
DESCRIPTION: CINCINNATI, February 28, 2022 /3BL Media/ - Fifth Third Bancorp (Nasdaq: FITB) today published its second Task Force on Climate-related Financial Disclosures Report. Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. SOURCE: Fifth Third Bancorp.
Improved CDP score For the second year, CSAA voluntarily submitted its climate journey, including its emission inventories, to the CDP (formerly the Carbon Disclosure Project), a not-for-profit charity that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
Investor expectations to decarbonize the food and beverage sector are already well-defined and provide the basis for investor action on deforestation. If you haven’t already, start using disclosure platforms such as CDP that address both climate and forests. KEYWORDS: The Consumer Goods Forum.
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 climate change and empower its customers to decarbonize.
2021 Sustainability Report highlights efforts supporting decarbonization and circularity and outlines progress toward 2030 goals. DESCRIPTION: PHOENIX, July 19, 2022 /3BL Media/ - Republic Services, Inc. We’ve made ambitious, industry-leading commitments across our business to reduce emissions and decarbonize our operations.
It was inspiring to meet with other “first movers and doers”, like Liane Randolph from California, and hear from Sandra Ojiambo from the UN who reinforced that focused collaboration will advance decarbonization around the world. Our team embraces the challenge to decarbonize some of the most complex engineering processes in the world.
Schneider Electric’s strong performance spans what was the hottest year on record – serving to highlight the importance of collective action to decarbonize business operations and value chains to avoid the worst effects of global warming and accelerate the transition to a cleaner, fairer world.
February 21, 2022 /3BL Media/ - Antea Group is pleased to announce that Nate Kimball, a Consultant based in New York, has been selected to lead the Sustainability practice area. SOURCE: Antea Group. DESCRIPTION: ST. PAUL, Minn.,
The first tranche of the funding round took place earlier in the year , and also follows an $11 million convertible funding round completed in June 2022. Existing investors participating in the tranche included CDP Venture Capital, with the investment kicking off the operations of its new Green Transition Fund, and 360 Capital.
DESCRIPTION: SHANGHAI, China, June 20, 2022 /3BLMedia/ – Yum China Holdings, Inc. Yum China formally submitted the near-term science-based greenhouse gas emissions reduction targets to the Science Based Target Initiative (SBTi) for validation on 8th June, 2022. In 2022, Yum China ranked # 359 on the Fortune 500 list.
DESCRIPTION: MONTREAL July 29, 2022 /3BL Media/ - Gildan Activewear Inc. 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.
Jörg Eigendorf, Chief Sustainability Officer, said: “Our Transition Plan sets out what clients and the public can expect from us as we scope out our role in decarbonizing the economy. Deutsche Bank set financed emission reduction targets for the Oil & Gas, Power Generation, Automotive, and Steel sectors in 2022.
Member-Clients in attendance were engaged on two major topics, “Sustainability Strategy Leadership” and “Corporate Global Decarbonization.” CDP) begin aligning this year. Andy Smith, Cisco Andy then delved into Cisco’s Science-Based Targets (SBTs), which were approved in summer 2022.
The organization said that its scale-up process is aimed at meeting surging demand for corporate decarbonization standards and target validation services, with the SBTi revealing that the number of companies with validated science-based climate targets has doubled over the past year, reaching 4,204 at the end of 2023, compared to 2,079 in 2022.
Supply chain finance plays a key role in unlocking investments towards decarbonization tech and making climate action more accessible to small and medium enterprises (SMEs). Climate finance and decarbonization tech has already attracted billions in private funding. But financing in itself forms a significant part of the challenge.
DESCRIPTION: CINCINNATI, March 15, 2022 /3BL Media/ - Fifth Third published its second TCFD Report on February 28, 2022. Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. Fifth Third expects the transaction to close in the second quarter of 2022.
In January 2022, we announced our plans to exercise purchase options on an additional 30 Boeing 737 MAX 8 aircraft, bringing our firm order total to 88 additional deliveries through 2026. KEYWORDS: NASDAQ:AAL, American Airlines, decarbonizing aviation, sustainable aviation fuel. That adds up to 1.9 Advancing Next-Generation Aircraft.
In this article, I’ll summarise key sustainability events defining 2021 and then present four sustainable ESG trends that will settle companies’ environment in 2022. ESG trends in 2022: Purpose-Driven Companies. ESG trends in 2022: Net-Zero ambition. ESG trends in 2022: Sustainable Supply Chains.
DESCRIPTION: FORT WORTH, Texas, July 26, 2022 /3BL Media/ - American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. The use of SAF is a cornerstone of our strategy to decarbonize air travel. New agreement to purchase 500 million gallons of sustainable aviation fuel over five years from Gevo, Inc.
Central to this effort has been a continuous effort to decarbonize our business. We announced our net zero by 2030 ambition in early 2022, bringing this commitment forward by 20 years. Setting ambitious targets and leveraging digital solutions have proven crucial. In 2019, SAP raised its commitment and adopted a 1.5°C
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.
Maintained a score of ‘C’ from CDP, for both the Climate Change and Forest categories. Installed Building Energy Management System (BEMS) in 22 local branches Climate Change and Decarbonization: Reduced overall disclosed GHG emissions by 10.43% compared to baseline year (2021).
DESCRIPTION: Investors and regulators increasingly expect companies to have both a decarbonization strategy (greenhouse gas accounting, science-based targets, low-carbon transition plan) and a climate resiliency strategy (managing acute/chronic physical risks and regulatory/market transition risks). SOURCE: Antea Group.
Signals of change in the net zero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. Japan, alongside the other G7 countries, committed last year to largely decarbonize their power sectors by 2035, but Tokyo has yet to map out a clear path for the goal.
Electricity generated from renewables surpassed coal in the US for the first time in 2022, the country’s Energy Information Administration announced this week. In Europe, Amazon will procure 1.1 TWh each year from two of the Spanish company’s offshore wind farms in German waters.
T&L is among the top 10 emissions sources in most industries , according to research based on CDP reporting. We spoke at the 2022 Reuters Transform Supply Chains Conference, where I moderated a panel with Gavin and Patell on “Mobilizing Your Supply Chain to Scale Decarbonization Efforts.” Companies can’t stop moving cargo.
GFANZ confirmed that the chapter will launch in June, and will support local financial institutions to decarbonize their investments and help the country to meet its net zero goal. And the We Mean Business Coalition has partnered with B-Lab – the leaders of the global B-Corp movement – to collaborate on business climate action initiatives.
And this year’s Global Supply Chains Report from CDP has shown which companies took the necessary action on supply chain emissions in 2022. Of the more than 18,500 companies disclosing to CDP in 2022, roughly 7,000 said that they engaged their suppliers on climate change issues. GW in 2022, up from 1.3
Net zero signals of change this week include billions of euros for industrial decarbonization in Germany. This historic figure marks a major rebound from 2022. The report also says that the U.S. solar market is expected to triple over the next five years.
Transport Founding EV100 member LeasePlan has taken significant steps forward in its partnership with G4S to decarbonize the company’s vehicle fleet by 2040. Since 2021, LeasePlan has been working with G4S in the UK and Ireland on reducing emissions from its 1,600 car and light-commercial vehicles.
The letter, signed by firms including Cemex, British Steel and Kingfisher, states that the UK risks being left behind in the green transition as other countries compete to incentivize economy-wide decarbonization. Since enrolling over one million acres in 2022, the company aims to expand to two million acres in 2023, and four million by 2025.
On March 21 st , 2022, the U.S. Develop a global decarbonization strategy for Scopes 1-3 and initiate procurement implementation (for at least Scopes 1-2). Report to the CDP. The comment period for the proposal is open through May 20, with a final rule expected by the end of 2022. Conduct a materiality assessment.
Farmers could face higher taxes or the elimination of irrigation subsidies as early as 2022 if they don’t act to reduce their impact. . I think one of the things that also distinguishes the pledge is a commitment to sending these market signals, the demand for the products and services that companies need to help us decarbonize." .
And over additional 40 businesses have signed the World Green Building Council’s commitment to decarbonize the built environment across their portfolios and business activities. At COP26, focus turned to industrial decarbonization, with several key developments across the harder-to-abate sectors. . Business Ambition for 1.5°C
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