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Unilever sets out net-zero plans for shareholder vote. Unilever has become one of the first multinational companies in the world to publish a corporate net-zero action plan for oversight by its shareholders, as it prepares to put the climate strategy to an advisory vote at its upcoming AGM in early May. Michael Holder.
Date/Time: September 28, 2023 (1-2PM ET / 10-11AM PT) With over 80 percent of emissions coming from outside a company’s direct operations (i.e. in the value chain) in most industries, the path to netzero is simply not achievable without decarbonizing the supplychain.
Food, beverage and snacking companies Nestl and Mars announced new agreements with New Zealand-based dairy cooperative Fonterra, which will see the companies funding incentives to farmers to lower emissions, and reduce the climate footprint of their dairy supplychains. The co-op has also set an ambition to achieve netzero by 2050.
With Budget 2023’s “made-in-Canada plan” released in late March, the federal government has laid out its net-zero industrial policy – a response to the U.S. The made-in-Canada plan seeks to bolster manufacturing at home and secure a place for Canadian firms and products in global supplychains.
HSBC , for example, recently pushed back its own target to achieve netzero emissions in its operations and supplychain by 20 years to 2050, and placed its interim financed emissions targets under review, all major U.S. In the report, UBS said that its assets under management with a netzero ambition reached $64.4
Dennis Wilson shows us why reverse supplychains are the future of manufacturing. billion in sales in 2023 160,000 employees, locations in 76 countries Committed to achieving netzero carbon emissions by 2050 On this episode of our series, we look at creating a circular economy in manufacturing.
SANTO DOMINGO, Dominican Republic, November 27, 2024 /3BL/ - DP World , a global leader in logistics and supplychain solutions, has successfully received the MSC Marie, an Ultra-Large Container Vessel (ULCV), at the Port of Caucedo, the largest ship to ever dock in the Dominican Republic.
July 6, 2023 /3BL/ - Lenovo has once again been named in the Gartner SupplyChain Top 25 for 2023, ranking eighth in this list of global companies with supplychains. The SupplyChain Top 25 ranking comprises two main components: business performance and opinion.
With more than one quarter of the global economy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act.
The International Energy Agency (IEA) issued an update to its landmark roadmap to net-zero in September, laying out a scenario that could help us limit warming to 1.5°C. trillion in clean energy in 2023. The post 6 ways global leaders can keep us on the road to net-zero appeared first on Corporate Knights.
DESCRIPTION: Microplásticos announces goal of being Net-Zero in Scope 1 and 2 by 2030. Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supplychain. To learn more about Schneider Electrics Zero Carbon Project, click here. SOURCE: Schneider Electric.
DALLAS, September 28, 2023 /3BL/ - CBRE Group, Inc. NYSE:CBRE) announced a strategic partnership with Emitwise, a leading carbon accounting software provider, to collect greenhouse gas emissions (GHG) data from its supplychain and provide carbon accounting capabilities to its suppliers. About CBRE Group, Inc. CBRE Group, Inc.
In 2023, as part of its Long Range Planning and 2030 Aspirations, Griffith Foods committed to expanding its presence in Alternative Proteins. However, equally important to the company is the ability of Alternative Proteins to help us achieve our goals in regenerative agriculture, netzero emissions, nutrition, and serving the underserved.
billion based on exchange rates this week) over the next decade in efforts to tackle climate change and deliver on a new goal to ensure netzero emissions across its value chain by 2039. The firm also confirmed that it is aiming to achieve a deforestation-free supplychain by 2023. SupplyChain.
The FY 2023/24 Verification Statements for GHG, Energy, Waste and Water can be viewed here. In addition, Lenovo ESG Navigator is in use at Lenovos Beijing Headquarters where it is deployed as a smart building solution and within Lenovos Global SupplyChain where it collects and monitors select ESG data related to suppliers and products.
Alternative asset and private equity investor KKR announced today an agreement to acquire UK-based asset leasing business, with the transaction aimed at supporting the companys growth and its strategy to help businesses transition their fleets to netzero. The acquisition will be made as part of KKRs Global Climate strategy.
SEMICON West 2023 is now in the rear-view mirror, yet its impact will be felt for many years to come. Gary shared Applied’s playbook for NetZero – a framework we’ve been developing for more than a year. Gary showed the pathway for Applied to get to NetZero. It’s not an easy task.
As Deloitte explains, sustainability initiatives can also achieve efficiencies through cutting waste, shortening the supplychain, and saving energy. 1] Deloitte – The Sustainable Consumer 2023
DESCRIPTION: Kimberly-Clark, the parent company of leading household brands including Andrex ® , Kleenex ® and Huggies ® , has won the Net-Zero Award at the first ever UK Paper Industry Gold Awards. The net-zero strategy sets out an ambitious blueprint to reduce emissions. KEYWORDS: NYSE:KMB, Kimberly Clark.
As part of its long-term strategy, Shell declared a net-zero emissions target by 2050 back in April. . Another deal that has my attention is one between the Google cloud team and Unilever's supplychain organization. Unilever has committed to a "deforestation-free" supplychain by 2023.
NYSE:CBRE) has been named to Forbes ’ NetZero Leaders list for the second consecutive year. companies that are best positioning themselves to reduce their greenhouse-gas emissions and achieve a netzero future. The NetZero Leaders list was created using data from research providers Sustainalytics and Morningstar.
by requiring that key supplychains be free of illegal deforestation, rather than leaving it to voluntary action. Nestlé USA , and Unilever United States that champions policy solutions that improve sustainability in agriculture and supplychains — this week voiced support for legislation that meets the goals of the FOREST Act.
Burberry is the first luxury fashion brand to receive approval by the initiative for its netzero emissions target. Last year, the organization launched its NetZero Standard , setting stringent criteria which it uses to assess and certify corporate commitments to achieve netzero emissions.
The program brings together the top steel buyers across the globe — including construction companies, real estate groups and property developers — and challenges them to commit to procuring 100 percent net-zero emissions steel by 2050. Members include Lendlease, Mace Group, Multiplex Construction Europe and WSP UK.
Originally published in Southern Company's 2023 Sustainability Summary Providing clean, safe, reliable and affordable energy to customers is fundamental to Southern Company’s mission. Our growing portfolio of zero-carbon resources plays an integral role in helping us meet these objectives.
Ceres’ Food Emissions 50 Company Benchmark revealed that 37 out of the 50 companies engaged through its Food Emissions 50 initiative have reported their supplychain greenhouse gas emissions and 32 of them have set targets to reduce those emissions – two critical actions that should be the basis of an effective climate transition plan.
Coca-Cola Europacific Partners (CCEP), the world’s largest Coca-Cola bottler, announced the launch of a new sustainability-linked supplychain finance program, rewarding suppliers for improving their ESG performance, in collaboration with Netherlands-based Rabobank.
The organizations’ key functions include defining and promoting best practice in emissions reductions and net-zero targets in line with climate science, providing technical assistance to companies who set science-based targets, and providing companies with independent assessment and validation of their emissions reduction targets.
As of 2023, 12 percent of travel volume worldwide was for business, but the level is falling thanks to videoconferencing. Cisco, which has a goal to reach netzero GHG emissions across its value chain by 2040 , is also striving to improve the lifecycle efficiency of its products.
B2B travel platform American Express Global Business Travel (Amex GBT) announced a series of interim and long-term climate goals, including a commitment to reach netzero greenhouse gas emissions across its value chain by 2050.
logistics supplychain’s electricity load with renewable electricity. Scope 3, or value chain emissions, account for nearly 99% of McDonald’s GHG footprint. The project is expected to be fully operational in 2023.
Under the 2021 Net-Zero Emissions Accountability Act, Ottawa must publish targets for 2035 by December 1, and Environment Minister Steven Guilbeault has confirmed the government will release the proposed targets on schedule.
C away from overshooting pre-industrial targets, according to the World Energy Outlook 2023. Companies lack direct control over what their supply-chain partners do to lower their energy use and carbon footprint. We are just 0.3°C But what, exactly, are “their” emissions? But Scope 3 emissions are notoriously difficult to tackle.
UK-based multinational grocery retailer Tesco announced a series of new climate-focused commitments, including interim goals to reduce Scope 3 emissions originating in its supplychain at the forest and agricultural level, and a target to reduce absolute Scope 1 and 2 emissions from its own operations by 85% by 2030.
Fashion and design brands company H&M Group announced the launch of a new partnership with zero-carbon industrial heat solutions provider Rondo Energy, aimed at applying Rondo’s industrial decarbonization solution to help address the emissions footprint of H&M’s supplychain.
As Essity is impacting the environment along the full supplychain, we aim to minimize that impact by decarbonizing our business and maintaining healthy eco-systems, while contributing to a more inclusive society. Our offering increasingly becomes a pre-requisite of doing business. That is why we are called Essity.
Qualcomm Incorporated released its annual Corporate Responsibility Report today, reporting on the Company’s environmental, social and governance (ESG) performance in 2023. Key highlights from 2023 include: The Company continued to invent and develop products that enable customers to make a positive impact. and/or its subsidiaries.
Achieving an 85% GHG emissions reduction and reaching netzero by 2045 requires bold, immediate action from all stakeholders across the public and private sectors. CAISO 2023 Interconnection Process Enhancements xii. Fiscal Responsibility Act of 2023. A supportive economic and regulatory environment is also essential.
The transition to net-zero will be as disruptive as the industrial revolution. In 2023, in preparation for a post-quantum world, we will see a macrotrend emerge with adoption of QKD in datacenters, IoT, autonomous systems, and 6G. Resilient and agile supplychains can be a weak link or great competitive advantage.
For the report, the organizations examined the emissions reductions pledges and plans of 24 global companies across eight high-emitting sectors, selected as the largest three companies in each of the sectors associated with the UN-backed Race to Zero campaign. Click here to access the 2023 Corporate Climate Responsibility Monitor.
Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to netzero and regain its status as a global leader. The new government must rectify this and produce a detailed, complete programme showing how it will reach netzero by 2050,” he advised.
Our strategy deployment efforts in 2023 focused on operationalizing 20+ working groups with defined cross-functional and business segment subject matter experts to provide leadership, governance, tools and resources to execute the 30 strategic outcomes outcomes on page 20. Our people can intentionally activate change. Carbon Out.
That would have to start falling sharply this decade to be in line with the IEA’s scenario that would see the planet reach net-zero emissions by the middle of the century.” But there is a strong element of industrial policy, too, as major economies compete for advantage in new clean energy supplychains.”
Weak regulations, low demand, and a lack of skilled labour are blocking service providers along Canada’s deep retrofit supplychain from scaling up operations to make homes safer, more climate resilient , and more affordable to heat, says a recent report by Pembina Institute. And with an estimated C$3.1
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