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November 5, 2024 /3BL/ - The Clorox Company (NYSE: CLX) announced a strategic partnership with Manufacture 2030, or M2030, to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050. In 2024 the company was ranked No. OAKLAND, Calif.,
Climate research provider and environmental disclosure platform CDP announced today the release of its company scores for 2022, including its annual “A List” of top performers. According to CDP, the organization raised the bar in 2022 on qualification for leadership status across the categories, with more stringent criteria such as 1.5°C-aligned
October 22, 2024 /3BL/ - Lenovo is pleased to announce that it maintains its AA score in the 2024 Hang Seng Corporate Sustainability Index (“HSSUS”). Inclusion in the Hang Seng Corporate Sustainability Index demonstrates Lenovo’s long-term commitment to driving a more sustainable future for all.
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supply chain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”
C sustainability-linked loan, Singapore’s first netzero-aligned loan City Developments Limited (CDL) has released its Integrated Sustainability Report (ISR) 2024, marking its 17th sustainability report since 2008. The gap analysis revealed that CDL’s disclosures are largely well-aligned with the ISSB Standards.
C sustainability-linked loan, Singapore’s first netzero-aligned loan City Developments Limited (CDL) has released its Integrated Sustainability Report (ISR) 2024, marking its 17th sustainability report since 2008. The gap analysis revealed that CDL’s disclosures are largely well-aligned with the ISSB Standards.
CDP , a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions, recently licensed CDP data to CSRHub for integration into CSRHub’s consensus ESG ratings. CSRHub received data from CDP 2022 data set on more than 10,000 entities. CDP releases data once a year.
There was a noticeable shift from organizations vocalizing aspirational commitments to focusing on a holistic action plan to achieve netzero. Here are some of those learnings: ESG gets a reality check.
Our goal Starting from a 2019 baseline, we aim to achieve a 65% reduction in our global scope 1 and scope 2 market-based GHG emissions by 2034 and achieve netzero GHG emissions by 2050. CDP classifies “Management” status as taking coordinated action on climate issues. C scenario. We exceeded our 2023 target of a 17.3%
The company was also recognized for leadership in corporate transparency and performance on climate change by CDP , securing a place on its annual ‘A List.’ Trane Technologies is one of 346 companies to be recognized with an ‘A’ score for transparency on climate change by CDP – out of over 21,000 companies scored.
CBRE DALLAS, March 1, 2024 /3BL/ - CBRE Group, Inc. based companies for 2024 – up from No. The Barron’s accolade follows CBRE’s achieving an A- performance score from CDP on its 2023 climate change disclosure. NYSE:CBRE) climbed to No. 3 on the Barron’s list of the 100 most sustainable U.S.-based 4 last year.
SLB is among the 2024 Reuters Sustainability Awards finalists in the NetZero: Supply Chain Decarbonization category. The Reuters Sustainability Awards celebrate leadership in sustainable business. It’s a reflection of the teamwork across our organization,” says Gwenola Boyault, vice president, Planning and Supply Chain, SLB.
Veolia North America Sustainability Report 2024 OUR CLIMATE COMMITMENT In 2021 Veolia Group committed to Science Based Targets’ Business Ambition for 1.5°C C campaign, and in 2024 Veolia became the first company to obtain double validation of its climate commitments by both SBTi and Moody's. C target.
trillion annually required to reach netzero emissions by 2050, and adds that policies to date have focused primarily on developed markets, while emerging markets and developing economies (EMDEs) are still facing significant underinvestment. trillion in 2023, but notes that this still falls short of the estimated $4.8
South Pole's 2022 NetZero Report revealed that one in four companies taking climate action are 'greenhushing', or choosing not to publicise their climate progress. Showing progress, celebrating achievements and acknowledging challenges is pivotal to reaching global netzero as quickly as possible.
Suppliers can also export relevant data for the Carbon Disclosure Project (CDP), a global disclosure system to manage environmental data, which many companies have joined. Henkel will also develop a net-zero pathway for its Scope 3 emissions along the value chain, in line with the “Science Based Targets initiative (SBTi)” standard.
Originally published on bloomberg.com NEW YORK, April 30, 2024 /3BL/ - Bloomberg today published its 2023 Impact Report , which outlines how the company continues to address climate change through its operations, philanthropy and collaborations with partners and industry peers. said Michael R. Bloomberg, founder of Bloomberg L.P.
The new index, CAC SBT 1.5°, was launched with the support of asset manager Amundi, climate research provider and environmental disclosure platform CDP and SBTi. Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said: “The launch of this index is a strong signal of the transition towards responsible investment.
SWORDS, Ireland, May 14, 2024 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, is accelerating growth and delivering continued, industry-leading financial performance while advancing the company’s bold 2030 Sustainability Commitments.
SWORDS, Ireland, June 27, 2024 /3BL/ - Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME’s inaugural rankings of the World’s Most Sustainable Companies.
RE100, the global campaign set up to accelerate change towards a netzero future by driving the renewable energy transition, has recently implemented important updates to its guidance for corporate buyers. In this article, we delve into these changes and their anticipated implications.
September 23, 2024 /3BL/ - Kenvue Inc. Since the beginning of 2024, Kenvue has completed new onsite solar installations at its Sezanne, France, and Madra, Greece manufacturing sites, which will provide 1.75MW and 0.186MW of renewable energy, respectively. 11 We aim to meet the goal by end of fiscal year and publish the year after.
As the fallout continues over the Science Based Targets initiative’s approach to offsets, is the netzero target-setting landscape for corporates fit for purpose? In 2024, the number of listed companies with a climate commitment validated by the Science Based Targets initiative (SBTi) jumped to 20% from just 12% in 2023.
Ørsted and Maersk will continue to investigate opportunities within green fuels together, as Maersk works towards its 2040 net-zero commitment. FlagshipOne is targeted to be commissioned in 2024 and could become one of the world’s first large-scale sustainable e-methanol facilities.
This launch demonstrates our strong commitment to our “Fit For 1.5°” and Growth for Impact 2024 strategy.” Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext N.V., said: “The launch of the Euronext Europe SBT 1.5° and Euronext Eurozone SBT 1.5°
ESG Investor’s weekly round-up of news on technology and tools in the sustainable investing sector, including GRI, Sustainalytics, ISS ESG, CDP, Diginex, Esgaia and Normative. . GRI 12 will come into effect for reporting from January 2024. . ESG and corporate governance research, ratings and analytics firm Sustainalytics ?
We’ve already heard from the likes of Bosch, Dell, Google and Meta/Facebook about their ‘netzero by 2030’ targets and plans for getting there. This database was first compiled by the Climate Accountability Institute back in 2013 and is kept up to date through collaboration with disclosure platform CDP today.
CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. South Pole can help you navigate the existing framework as well as the new netzero guidance (FINZ) which will replace it in Q4 2023. While the process is complex, the pay-offs are considerable.
Signals of change in the netzero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. CLG UK has shared a new policy brief setting out seven key areas the country must prioritize in the netzero transition.
The Venture Capital Alliance, made up of firms with a combined portfolio worth over $60 billion, has the backing of the UN’s Race to Zero campaign and the Glasgow Financial Alliance for NetZero. The post Netzero transition – the latest signals of change: April 28, 2023 appeared first on We Mean Business Coalition.
Signals of change in the netzero transition this week include the passing of key climate legislation in Australia and the EU. NetZero Economy EU legislators reached an agreement on new climate legislation this week to double the share of renewables in the bloc’s electricity mix by 2030.
In 2024, the Church Commissioner will continue to engage with companies towards achieving the FSDA expectations. The post No “Credible” NetZero Path Without Halting Deforestation appeared first on ESG Investor. The organisation has also joined global investor engagement initiative Nature Action 100.
Currently, more than 40% of the world’s largest publicly traded companies have made net-zero commitments as of the end of 2022, up from 20% in December 2020 5. However, only 50% of companies with net-zero targets were found to have a GHG emissions reduction plan that includes intermediate targets 6.
SWORDS, Ireland, April 25, 2024 /3BL/ - Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times Europe’s Climate Leaders list for the fourth consecutive year. This reduction equates to 2% of the world’s annual emissions – or, the annual emissions of Italy, France and the U.K.
Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s netzero Signals of Change. NetZero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 Two thirds of Brookfield’s 6.5
Securities and Exchange Commission (SEC) requiring companies to include certain climate-related disclosures in their reporting are now expected in spring of 2024. The final rules from the U.S. It is becoming a reporting exercise for reporting's sake and not for making true improvements.
In the long run, we must get to netzero on carbon dioxide (CO 2 ). Customers now have an easy entry-point to calculate their annual carbon footprint, track changes over time, and report results in line with CDP, ISSB, and ESRS standards, which underpin new global climate regulations. Download eBook.
November 28, 2023 /3BL/ - With escalating risks from the world’s climate and nature crises and enhanced European regulatory risks, Ceres released a new scorecard today that reveals few of the largest global companies are taking ambitious action to tackle commodity-driven deforestation and drive progress toward a netzero economy.
The City of Toronto also has an expansive net-zero plan, dubbed TransformTO , as well as one of North America’s few municipal policies (the Toronto Green Standard) designed to push builders to drive energy efficiency beyond the low bar in the Ontario Building Code. Check back here for more city features from our Spring 2024 issue.
Moreover, companies will use voluntary frameworks and surveys such as GRI, SASB, CDP, UNGC, and Ecovadis to answer requests from customers, investors and other stakeholders. On top of that, they will be creating plans to comply as soon as by the 2024 reporting cycle (e.g. Sustainability trends 2023: Net-Zero roadmaps.
Signals of change in the netzero transition this week include EU reforms of its carbon market and deforestation laws, and a $1 billion wind project in Laos. Vodafone has teamed up with CDP to develop a reporting and best practices framework to help telecoms businesses address greenhouse gas emissions in their supply chains.
Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector. degree celsius (1.5°C)
In 2020, more than 9,600 companies disclosed their environmental impacts through the non-profit CDP platform. It represents a growth of 14% from last year and sets a record on the number of CDP environmental disclosures. Adidas to use 100% recycled polyester by 2024. trillion, double than just four years ago.
Feedback and further expansion A public consultation on the NZDPU will run until 1 March 2024, offering stakeholders an opportunity to provide feedback to inform future development. In September , global non-profit disclosure platform CDP announced a strategic collaboration with the NZDPU to “accelerate access” to core climate data.
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