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The most recent UN climate conference, COP26, highlighted the role of forests and agriculture in ways we have not seen before. As climate becomes everyone’s responsibility, companies with significant Scope 3 emissions from soft commodities in their supplychains must account for and mitigate these climate impacts.
DESCRIPTION: As the world continued to experience the direct and indirect impacts of the COVID-19 pandemic, including global supplychain disruptions, resource shortages, employment challenges and inflation – these have not been easy times. Read the full Tetra Pak 2022 Sustainability Report.
More than half of the global utility solar projects planned for 2022, meanwhile, could be delayed or canceled due to a worsening supplychain, according to a new analysis. Rystad Energy estimates that 56% of projects -- or 90 gigawatts of solar capacity -- are threatened by commodity price inflation and supplychain bottlenecks.
COP26 kept sustainability at the top of every executive’s agenda, while social movements and supplychain challenges forced a dramatic rethink. In particular, three key trends will shape the finance sector’s approach to ESG reporting in 2022. In 2021, the focus on ESG accelerated. More confidence in ESG credentials.
DESCRIPTION: Amgen and Bristol Myers Squibb join 10 other global pharmaceutical companies to help accelerate the adoption of renewable energy and reduce greenhouse gas emissions within the pharmaceutical value chain. ?. Launched at COP26, the Energize program has educated hundreds of pharmaceutical suppliers. LOUISVILLE, KY.,
Such investment is a key element of the Coalition’s Forest Positive Approach , a set of actions that Coalition members are committed to implementing in their own supplychains through commodity-specific KPI reporting and, in collaboration with their upstream supplychain partners, in businesses and production landscapes across the value chain.
It is the next step in a commitment set out at COP26 by leading agri-commodity companies that manage large global trade volumes in key agricultural commodities, including more than half of the global palm oil trade and Latin American soy exports. Access the full roadmap here. The Agriculture Sector Roadmap to 1.5°C
With just a few months until the COP26 UN Climate Change Summit in Glasgow, ScotWind will help create a whole new industry in floating wind that will play a crucial role in putting the country on course for a cleaner and greener future,” said ScottishPower CEO, Keith Anderson.
For businesses, that includes our direct operations, and it also includes Scope 3 emissions (indirect emissions that result from a company’s supplychains and use of its products), which are an order of magnitude larger. If the answer is no, we need to make it yes everywhere we have influence.
A new independent assessment of COP26 and the critical next steps for the UK was published on 2 December by the Climate Change Committee (CCC). Following COP26, global temperatures are set to rise by around 2.7°C. Chairman, Lord Deben, said: “The UK must not walk away after COP26. C and real-world delivery.
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. Complex SupplyChains designed to run efficiently failed under the pandemic. ESG trends in 2022: Purpose-Driven Companies.
When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change. In 2022, ExxonMobil committed to achieving net zero greenhouse gas emissions for operated assets by 2050.
DESCRIPTION: January 24, 2022 /3BL Media/ - Lenovo has?been The company’s most recent self disclosure was strengthened through the implementation of a Water Resiliency Policy to manage and measure the consumption of water throughout the supplychain. SOURCE: Lenovo. been recognized for leadership?in
DESCRIPTION: An asset management firm has unveiled its engagement priorities for 2022 to continue to support companies focusing on positive sustainability outcomes. We support companies on that journey, but in 2022, a key focus of our work will also be holding companies accountable on their commitments.”. by Georgina Sell.
We are now a signatory of the Methane Guiding Principles that commits us to reduce methane emissions, a key focus from COP26. I am proud Baker Hughes employees act with integrity throughout our workplace, striving to maintain ethical supplychains and promoting respect for fundamental human rights globally. Principles.
November 3, 2022 /3BL Media/ - ? Ceres, along with its partners, will call on investors, companies, and policymakers to build on the progress since COP26 and turn commitments into even more ambitious actions and implement bold policies in line with the scientific need to limit average temperature rise to no more than 1.5°C.
“With emissions from the supplychain accounting for a significant proportion of the Environment Agency’s current carbon footprint, contractors and suppliers will also be pushed to take action,” says a press release from the agency, “with large contracts including commitments to reduce carbon footprint year-on-year.”
The Glasgow Climate Pact , agreed at COP26, stressed ‘the urgency of enhancing ambition and action in relation to mitigation, adaptation and finance in this critical decade’. It committed governments to raising their 2030 climate targets in 2022 to keep the 1.5°C Deforestation must be removed from supplychains by 2025.
In the aftermath of BREXIT and in view of COP26 in Glasgow in November 2021, the UK has been focussing on decarbonisation in relation to its infrastructure and power offerings. The immediate focus therefore should be on improving the sustainability of existing power plants and their supplychains.
As a key part of Singapore’s climate plans, Wong also unveiled a National Hydrogen Strategy, aimed at moving as much as half of the nation’s power supply to hydrogen by mid-century. Singapore’s announcement comes as countries globally are being urged to ramp their climate commitments in the run-up to COP27.
COP26 focused the attention of governments and businesses on a key targe t: limiting global temperature rise to 1.5C And as we head into 2022, climate change must be a top priority for companies around the world. Therefore 2022 must be the year when corporate climate action becomes mainstream. Go All-In for 1.5C.
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.
SDSN is proud to have contributed to Chapter 6 "Transforming food systems" of UNEP's 2022 Emissions Gap Report thanks to our FABLE Consortium scientific director Aline Mosnier. C in place. C in place. Only a root-and-branch transformation of our economies and societies can save us from accelerating climate disaster.”
The report defines a just transition to a net zero economy as one that takes account of people affected by a shift to clean energy production, including employees, consumers, communities and those working in the sector’s supplychain. Investor priority.
DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward net zero in advance of the 2022 United Nations Climate Change Conference (COP27). million by 2028 from an estimated $223 million in 2022. SOURCE: Tetra Tech. The market is predicted to reach $417.5
We have mapped out our Scope 1, 2 and 3 emissions which were relatively straightforward to identify but now we are in the process of reaching out to our supplychain to understand the impact each of those organisations has on our Scope 3. As we begin 2022, it is time to take stock of our net-zero journey.
PARIS, April 20, 2022 /3BL Media/ - The Consumer Goods Forum (CGF), the global CEO-led business forum for retailers and manufacturers, is gearing up for its annual Global Summit from 20 – 23 June in Dublin.
We could see investment of over £20bn on the back of the next clean power auction, which will boost jobs and the UK supplychain, and cut costs for consumers in the transition to net-zero. On course for a strong 2022? It’s also anticipated that we’ll see more UK-centric announcements at COP26 in November.
DESCRIPTION: WASHINGTON, November 17, 2022 /3BL Media/ - Global environmental NGO Delterra , founded by McKinsey & Company, is today calling on world leaders gathered in Egypt for COP27 to take real action tackling methane emissions from waste to keep within a 1.5°C SOURCE: Delterra. Close the profitability gap.
The importance of reversing deforestation, managing agricultural supplychains and preserving biodiversity in limiting global warming to the 1.5-degree The World Wide Fund for Nature’s (WWF) Living Planet Report 2022 revealed global wildlife populations have plummeted by an average 69% since 1970. Biodiversity decline.
DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. SOURCE: Antea Group. C commitment and 7,126 companies have joined the Race to Zero.
C increase over pre-industrial temperatures was hanging by a thread at the end of COP26, subsequent economic and geopolitical events appear to have dealt a blow to those ambitions – at least in the short term. The sense of optimism at COP26 turned out to be short lived. “We Beast from the east.
This is the easiest to answer—Stockholm +50 is an international environmental meeting hosted by the United Nations General Assembly to be held in Stockholm, Sweden from 2-3 June 2022. Stockholm +50 is an international environmental meeting hosted by the United Nations General Assembly to be held in Stockholm, Sweden from 2-3 June 2022.
All this work was featured in our virtual Zero Emissions Solutions Conference alongside the first week of COP26. The Networks program also issued two new SDG Action publications to support the UN’s Decade of Action : the SDGs Edition in July for the High-level Political Forum and the Climate Action Edition for COP26.
Mt CO2e per year, according to data from the Agriculture and Horticulture Development Board (AHDB), a levy board which represents farmers, growers and others in the supplychain. The GMP was launched in November 2021 at COP26 to catalyse action to reduce methane emissions, with agriculture introduced within that framework.
At COP26, institutions managing more than US$130 trillion in assets committed to reaching a state of net zero before 2050. Addressing scope 3 emissions hinges on tracking emissions from supplychain participants and communicating with them.
Helles Amazon bestseller, Stewards of the Future: A Guide for Competent Boards, was published in 2022. She is a regular contributor to FTs Agenda and interviewed by many leading publications. Jos Manuel Gomes Business Development Director at Medialivre, one of the main media conglomerates in Portugal.
Of course, that’s all assuming it goes ahead, and the UK government haven’t ruled out the possibility of a postponement until Spring 2022. One solution might be carbon pricing, and the imposition of such a measure was Bordini-Staden’s “biggest hope” for COP26. What are the big priorities for COP? Where are the main challenges?
G7 host Japan is to be the first country to house a dedicated chapter of the Glasgow Financial Alliance for Net Zero (GFANZ), an investor-led climate action coalition created during COP26 in 2021. After a successful pilot, the scheme will now be rolled out to Organic Valley’s supplychain across 34 US states.
SUMMARY: The need for climate finance – the local, national, or transnational financing that enables climate change mitigation and adaptation – was much debated at COP26. Bridging the Funding Gap at COP26: Governmental Pledges. Bridging the Funding Gap at COP26: Private Sector Initiatives.
Refinitiv expects the Chinese Government will take more measures during 2022 on the legal status of the ETS, including reviewing allowance allocation, monitoring, compliance and penalties. Trading has been limited compared to the more liquid carbon markets in Europe and North America.
At the recent United Nations COP26 climate summit in Glasgow, diplomats from nearly 200 countries struck a major agreement to increase the fight against climate change — establishing a consensus that more must be done to protect the planet. It’s a connected chain. Be selective with suppliers. According to the?
DESCRIPTION: NEW YORK and PARIS, October 14, 2022 /3BL Media/ — The Consumer Goods Forum’s (CGF) Forest Positive Coalition of Action has released its second Annual Report , sharing the Coalition’s progress on commitments to remove deforestation, forest degradation, and conversion from key commodity supplychains.
September 19, 2022 /3BL Media/ - The new status was announced today at a high-level panel during New York Climate Week. C SupplyChain Leaders and the SME Climate Hub. C SupplyChain Leaders and the SME Climate Hub. C ambition. Aligning with the 1.5°C C ambition and the four climate pillars as outlined in the 1.5°C
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