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ESG Today: Week in Review

ESG Today

This week in ESG news: EU regulator calls for sustainability disclosure requirements for all financial products; UK to require SAF on flights from 2025; KLM plans hydrogen-powered flight; Airbus and partners launch $200 million sustainable aviation fuel fund; U.S.

CDP 102
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From the SEE Impact Report: Mitigating Climate Change

3BL Media

According to the Science Based Targets initiative’s (SBTi's) target validation team, which defines and promotes best practices in emissions reductions and net-zero targets in line with climate, SEE’s proposed reduction in Scopes 1 and 2 emissions is aligned with a rate of decarbonization consistent to keep global temperature increase to 1.5°C

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CSAA Insurance Group Releases Impact Report Detailing Its Significant Initiatives and Contributions in 2023

3BL Media

Key highlights from the 2023 Impact Report include the following: 50% reduction of greenhouse gas emissions The company’s goal of a 50% reduction of greenhouse gas emissions by 2025 was achieved in 2023 – two years ahead of plan. Go Green Benefit program In 2023, CSAA developed the Go Green Benefit program for launch in 2024.

CDP 147
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$29 Trillion Investor Coalition Urges Government Policies Including Mandatory Climate Reporting, Sectoral Transition Strategies

ESG Today

The investor statement sets out a series of key “Asks of Governments,” calling for key actions including enacting economy-wide public policies such as submitting 2030 and 2035 targets by 2025 that are aligned with limiting global temperature rise to 1.5°C,

Net Zero 125
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Deutsche Bank Publishes Net Zero Transition Plan for Operations, Supply Chain, Financed Emissions

ESG Today

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. The bank announced that by 2025 it expects 80% of its vendors by spend to submit greenhouse gas emissions to CDP.

Net Zero 100
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Republic Services Ahead of Pace to Reach Emissions Reduction Target

3BL Media

2021 Sustainability Report highlights efforts supporting decarbonization and circularity and outlines progress toward 2030 goals. We’ve made ambitious, industry-leading commitments across our business to reduce emissions and decarbonize our operations. The company will publish its 2021 CDP Climate Change response later this month.

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Expanding Environmental Commitments

3BL Media

Specifically, adding on to our existing 2025 greenhouse gas reduction goal, we set three new ambitious, long-term targets: To reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from 2020 base year. While we have set longer-term goals, we are continuing to make progress on our path to achieving our 2025 GHG reduction goal.