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Climate research provider and environmental disclosure platform CDP and the European Financial Reporting Advisory Group (EFRAG) announced today that they have achieved a high degree of commonality and interoperability between CDP’s disclosure platform and the EU’s recently adopted European Sustainability Reporting Standards (ESRS).
It achieved a 38% reduction in Scope 3 embodied carbon in new developments compared with a 2016 baseline. In 2024, it obtained a landmark S$400 million sustainability-linked loan from DBS Bank , aimed at supporting nature conservation and sustainable development in Singapore. The Group recorded a 52.1%
Just last month, PepsiCo announced that it reached its 2025 global goal of a 25% improvement in operational water-use efficiency in high water-risk areas, two years ahead of schedule. of all 21,000 companies CDP scored. of all 21,000 companies CDP scored.
April 8, 2025 /3BL/ - Sustainability is facing an unprecedented confluence of political, economic, social, technological and environmental forces that are disrupting the profession and urgently require a new approach to events and collaborative problem solving. Jenny Morgan, Senior Market Development Manager at Tradewater.
CDP, a not-for-profit charity whose global disclosure system helps investors and companies manage their environmental impacts, recognized us for our exceptional governance, highlighting the importance of sustainability across NRG. NRG accomplished this through our continued leadership in sustainability, including our company goals.
TOLEDO, Ohio, April 22, 2025 /3BL/ - Owens Corning (NYSE: OC) today published its 2024 Sustainability Report, Building Better Together, outlining the companys progress toward its 2030 sustainability goals. The report was prepared in accordance with the Global Reporting Initiative (GRI) Standards.
The companies have all committed to begin the adoption of adopting the TNFD recommendations and to publish TNFD-aligned disclosures as part of their annual corporate reporting for fiscal years 2024 or 2025. The TNFD’s recommendations are also contributing to the development of a broader system of sustainability disclosure standards.
The number of companies reporting through research provider and environmental disclosure system CDP disclosing that they have a 1.5°C-aligned In 2023, a record of more than 23,000 companies disclosed through CDP, up 24% over the prior year, and representing companies worth $67 trillion, or more than 66% of global market capitalization.
FY24 HIGHLIGHTS Achieved our 2025 goal of knowing 100M consumers , helping us gain informed insights, deliver greater personalization to consumers and improve marketing return on investment. Launched new collaborations with Walmart and Instacart to create personalized, more frictionless and farther-reaching shopping experiences.
Much of the action is taking place in Europe, where PwC predicted that ESG funds — "a central tenet of the investment landscape" — could outpace traditional funds by 2025. We’re also excited to have a growing corps of advisory board members and sponsors, including from Citi, CDP, ERM, HP Inc., Let me know if you are interested.).
It’s a journey Schneider Electric started about 15 years ago, with a commitment to take urgent action to co-create a brighter future aligned with the United Nations Sustainable Development Goals. The CDP also warns that organizations are facing up to US$120 billion in costs from environmental risks in their supply chains by 2025.
Investor scrutiny of company pledges to avoid deforestation is intensifying ahead of a 2025 deadline, according to speakers on a stewardship panel at ESG Investor s second Nature Data for Institutional Investors event. Initial baseline assessments of Springs focus companies against the framework are set to be published in 2025.
The Gigaton PPA program was developed jointly by Walmart and Schneider Electric in 2020 under Project Gigaton™ to increase renewable energy market access for companies who have historically been limited in their procurement opportunities. “It We’re honored to have played a role in the conceptualization and realization of this program.”.
To support the TCFD and the companies committed to meeting its suggested actions, CDP redesigned its own climate change questionnaire in 2018 to align with the recommendations. government announced that all companies must be TCFD-compliant by 2025. Out of 727 companies headquartered in the U.S. More recently, the U.K.
Since the development of our net-zero road map in 2021, SEE has initiated five sustainability workstreams with clear objectives that are designed to achieve our ambitious commitment. Climate Recognition SEE discloses its climate change impacts through CDP, a global nonprofit that runs the leading environmental disclosure platform.
Our goal is to achieve energy-intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year. We aim to achieve diversion of manufacturing waste from landfill and external incineration of 85% by 2025 and 100% by 2030. SEE’s goal is to achieve water intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year.
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.
The Global Reporting Initiative (GRI) will embark on a new strategy in 2025 to streamline sustainability reporting and help maximise the value of disclosures using its standards driven by stakeholder demand. Incoming CEO stresses importance of collaboration, outlines plans to leverage technology to address global sustainability challenges.
Ahead of this weekend’s Group of 20 (G20) meeting in New Delhi, global non-profit disclosure platform CDP has called on members to follow through on COP15 commitments with the introduction of mandatory nature-related disclosure policies. At the Kunming-Montreal COP15, 193 countries pledged to adopt the Global Biodiversity Framework (GBF).
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.
It achieved a 38% reduction in Scope 3 embodied carbon in new developments compared with a 2016 baseline. In 2024, it obtained a landmark S$400 million sustainability-linked loan from DBS Bank , aimed at supporting nature conservation and sustainable development in Singapore. The Group recorded a 52.1%
C sustainability-linked loan, Singapore’s first net zero-aligned loan City Developments Limited (CDL) has released its Integrated Sustainability Report (ISR) 2024, marking its 17th sustainability report since 2008. Starting from FY 2025, listed issuers such as CDL will be required to report ISSB-aligned CRDs.
Robust no-deforestation policies are a critical first step in companies removing deforestation from their supply chains, which the scientific community agrees companies need to do by 2025 to support a 1.5°C Does the policy include a time-bound, quantifiable commitment to achieve a deforestation-free supply chain by 2025?
trillion annually required to reach net zero 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
Fifth Third maintains a Climate Leadership score of A- from CDP for its efforts and disclosures related to climate change. The Company’s A- score placed Fifth Third in the top quartile of CDP’s Financial Services Activity Group. billion provided since 2012 towards our goal of $8 billion by 2025. About TCFD. About Fifth Third.
Last year, Iberdola announced plans for its financing structure to have an increasingly higher percentage of green and sustainable products, estimated to account for nearly two-thirds of its debt by 2025. With today’s agreement, more than 90% of the company’s credit lines are sustainable.
Founded in 2015, SBTi was formed as a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice.
Company announces five-year ambitions in the areas of emissions, workforce development and volunteerism. Our social targets in workforce development and volunteerism are designed to elevate and amplify our history of creating pathways to career success and giving back through service to our communities – two core areas of the Sands culture.”.
Our Good Growth strategy has propelled our sales and restaurant development, which allows us to invest more in areas like renewable energy, supplier pilot programs and technical training for at-risk youth in our communities – the Growth advances the Good.” s signature leadership and personal development program. Brands CEO David Gibbs.
C sustainability-linked loan, Singapore’s first net zero-aligned loan City Developments Limited (CDL) has released its Integrated Sustainability Report (ISR) 2024, marking its 17th sustainability report since 2008. Starting from FY 2025, listed issuers such as CDL will be required to report ISSB-aligned CRDs.
It can be challenging to keep up, which is why we’ve developed this guide as a tool to quickly catch up. United Nations Sustainable Development Goals (UNSDGs) The UNSDGs are 17 goals aimed at calling to action businesses and individuals in power to end poverty, protect the planet and create peace and prosperity by 2030.
See our TCFD index for references to our CDP response and portions of this report on how we address the eleven recommendations of TCFD. The identification of emerging climate risks is informed by external scans of megatrends, consultancy and industry reports, peer CDP disclosures, TCFD reports, annual reports and 10-Ks.
Gunnar Groebler, Chairman of the Executive Board of Salzgitter AG, says: "The drive in society for climate neutrality is our incentive for the rapid further development of the company with a focus on circularity, the principle of low-carbon and resource-saving closed value chains. We’ll anchor this firmly in our partnerships. billion (EUR 7.1
Business stands ready to work with governments to deliver more ambitious NDCs in both developing and developed countries. Deforestation must be removed from supply chains by 2025. It means developing sustainable finance taxonomies and implementing disclosure standards in support of a 1.5 °C
Achievements include a 9% reduction in operational greenhouse gas emissions over the 2017 baseline year, ahead of pace to reach the Company’s interim target of a 10% reduction by 2025, and development of the nation’s first integrated plastics recycling facility. “At Climate Leadership.
Each of the companies have pledged to begin providing TNFD-aligned disclosures as part of their annual corporate reporting for either the 2023, 2024 or 2025 fisal years. The TNFD’s recommendations are anticipated to be used to help shape the development of future sustainability disclosure standards. trillion oil fund.
In its latest analysis , environmental disclosure platform CDP found that one in four (5,909) of the 23,200 companies using its framework claimed to have 1.5°C-aligned An additional 36% said they would do so by 2025. C-aligned climate transition plans – representing a 44% increase over last year. This momentum is unmistakable.
C-aligned, ambitious, equitable, and social-justice centered. Such pathways need to be supported by clear, consistent policies and regulations that will mobilize business investment , as well as measures to support sectors and communities as they transition away from fossil fuels towards clean energy.
On behalf of the Board of Directors, and at this turning point in NBK’s journey as a responsible bank, I am proud to present to you our recent achievements and developments in ESG.” Committed to developing economic, environmental, and social risk resilience. Zero incidents of Corruption, Fraud, Money Laundering and Bribery.
The rules will phase in from FY 2025 to FY 2033. The emissions reporting framework draws upon methodology developed by the GHG Protocol with definitions based on the terminology used in the TCFD. How are companies impacted by the SEC climate-related disclosure rules? All domestic and foreign companies publicly listed in the U.S.,
Ørsted to develop Power-to-X-facility on the US Gulf Coast to fuel Maersk’s newly ordered fleet of 12 methanol-powered vessels, as the industry leaders sign letter of intent on record-breaking offtake agreement for green fuels in the maritime industry. SOURCE: Ørsted. Final investment decision could be made in late 2023. billion (EUR 10.4
Since the 900 MW capacity was first awarded to Ørsted in April 2018 through the grid allocation process, our team has spared no efforts to develop and construct Greater Changhua 1 & 2a and achieve first power only four years later.”. Development projects. The construction of the offshore wind farm will be finalised in 2022.
Bloomberg expanded its solar energy capacity, developing an additional 2.55MW solar project at the Princeton office, with solar energy now providing 100 percent of the electricity needed for the two buildings onsite. of its electricity from renewable sources, halfway to the RE100 goal of 100% by 2025. Overall, Bloomberg received 51.2%
SUMMARY: T-Mobile achieved its industry-leading carbon emission reduction targets in December 2021, four years ahead of the original 2025 goal. Our targets — reducing scope 1 and 2 emissions by 95% and reduce scope 3 emissions by 15% per customer by 2025 — are among the most ambitious in the U.S. SOURCE: T-Mobile. degrees Celsius.
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