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The Consumer Goods Forum’s Forest Positive Coalition publishes 2023 Annual Report, showing collective advancements on forest conservation, ecosystem restoration, and community inclusion in the production of palm oil, soy, paper, pulp and fibre-based packaging, and beef.
Both The Consumer Goods Forum’s Forest Positive Coalition (FPC) and the SCF share a responsibility to support supplychain transformation in commodity-producing landscapes. Both groups have identified a set of common indicators, pictured below, and will develop complementary metrics throughout 2023.
Burberry first set science-based targets in 2019, and last year the company pledged to go beyond net zero, to become “climatepositive” by 2040. Scope 3 includes emissions in Burberry’s extended supplychain such as energy usage by manufacturing and material sourcing partners. by 2030, from a 2019 baseline.
We then worked closely with the responsible functional groups – Plant Operations, Environmental, Real Estate, and SupplyChain – to address the Internal Audit findings. I asked NRG’s Internal Audit team to review our current processes and identify improvement opportunities.
To quickly grasp the scale of their nature-related exposures, investors and corporates should view new reporting and risk management processes as an extension of existing climate strategies, delegates heard at the PRI in Person 2023 event.
The theme encompasses climate governance, strategy and alignment with the Paris Agreement, board oversight and incentivisation, Scope 3 emissions and the supplychain, and just transition. Additionally, 70% of Border to Coast’s AUM are now covered by the roadmap.
C and avoid the most catastrophic effects of climate change, as outlined by the Intergovernmental Panel on Climate Change (IPCC). The WEF’s Global Risks Report 2023 highlighted failure to respond to climate change and biodiversity loss among the most severe long-term risks facing the world.
Fisher’s personal rise from simply tweaking the supplychain to resetting corporate strategy became emblematic of the growth of the CSO position itself – in sheer numbers and in increasing clout. As of 2023, Weinreb found that 183 U.S. CSOs’ central role is likely to only grow. public companies employed CSOs.
The global home furnishing company aims to become a circular and climate-positive business by 2030. Building on its vision to improve everyday life for people and create a positive global impact, IKEA recently brought leaders together to envision a better and more sustainable future. In fiscal year 2023, IKEA U.S.
In 2023, the hiring rate for green talent in the U.S. Danone is committed to partnering with farmers in our supplychain to work towards regenerative agriculture and reducing our climate impact,” said Chris Adamo, vice president of public affairs & regenerative Agriculture, Danone North America.
Apple is also working to transition its entire product supplychain to renewable electricity by 2030, as part of its efforts to achieve its verified 1.5-degree QUOTE OF THE WEEK “Customers increasingly care about climate change, their footprint, their supplychain footprint.
Time will tell – Two reports this week gave us a snapshot of the status of asset owners’ efforts to decarbonise the operations and supplychains of the firms in their investment portfolios.
In other US climate-positive news, the Biden administration recently awarded US$4.3 Lost at sea – A blog post from BNP Paribas’ Markets 360 team explained why EU Emissions Trading System (ETS)-covered shipping emissions increased in 2023, and why they are likely to rise again this year.
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