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We also look for opportunities to improve sustainability in our supplychain and support more diverse businesses. MANAGING SUPPLYCHAIN RISKS Our focus on Corporate Responsibility includes assessing and examining any potential ESG and/or financial risk involved in doing business with our suppliers.
The agreement follows the release earlier this year by Maersk of goals to reduce emissions across its operations and supplychain, and the achievement by the company of validation of its goal to achieve net zero by 2040 by the Science Based Targets Network. Production will begin in 2026 and the deal will extend into the 2030s.
We're thrilled to announce our plans to build and open a distribution center in Fort Worth," said Sean Whitehouse, DICK'S senior vice president of supplychain. acre site within the Risinger/35 Logistics Park, a development by Hillwood, at Risinger Road and Old Burleson Road. The facility is expected to open in early 2026.
Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supplychain. As a supplier to Schneider Electric, Microplásticos has demonstrated strong commitments to decarbonization and is partnering with Schneider Electric to develop their carbon strategy and roadmap. “In
Established in 2021, Spain-based H2SITE provides solutions to the hydrogen transport problem by converting hydrogen carriers with well-known supplychains and separating hydrogen gas blends into fuel cell purity hydrogen, offering reactors and separators for the conversion of different feedstocks into hydrogen.
We need to treat these developments as a call to action. RELATED Canadian investors stand firm on ESG despite greenhushing trend, report finds The anti-DEI movement confronts an unlikely opponent: big banks Meet the four most sustainable funds on the market for 2025 Deadlines to submit reports starting in 2026 will be pushed back to 2028.
The Government of Canada announced the signing of new agreements with German automakers Mercedes-Benz and Volkswagen, aimed at enhancing collaboration and promoting investments in electric vehicle (EV) and battery supplychains and manufacturing in the country.
For any organization be it a company, university, country, or local government arobust climate strategy requires understanding both their operations and their supplychain. So these climate disclosure mandates shared will improve supplychain transparency in California, other states, and at a national level.
Founded in 2016, Stockholm, Sweden-based Northvolt was established with a goal to develop the worlds greenest battery, targeting a minimal carbon footprint, sustainable sourcing of raw materials and recycling. Earlier this year, the companies announced that Volvo agreed to purchase full ownership in the NOVO Energy joint venture.
Additionally, the amended law also delays the deadline for CARB to develop and adopt the regulations requiring companies to report on their Scope 1, 2, and 3 emissions by six months to July 1, 2025, while leaving the 2026 reporting date in place. SB 261, “Greenhouse gases: climate-related financial risk,” applies to U.S.
Chief among them are worries over the long-term viability of global fisheries and concern over the fragility of food supplychains, sorely tested by disruptions related to the COVID-19 pandemic. While its initial capacity is limited to about 10,000 metric tons of fish, the company aspires to supply 12 percent of the market by 2026.
We also continued to conserve and optimize energy usage at our facilities using enterprise-wide operational best practices we developed in 2022. Due to various factors such as supplychain challenges, our ability to source alternative fuel vehicles has been slower than planned.
Our Board of Directors and Executive Leadership guide our high standards of business ethics and integrity, including in our supplychain. Governance: Identifies and recommends Board director nominees for election, assists the Board in the oversight of ESG matters, and monitors developments in corporate governance.
We plan to secure ISO certification for 3 additional laboratories by 2026. Climate action We are actively seeking ways to transition our business to a lower carbon footprint and improve the energy efficiency of our operations and supply base through new and expanded programs. Read more
The same week that PepsiCo announced its new ambition, the company’s foundation extended the terms of its 14-year-long relationship with the Inter-American Development Bank — with initiatives including a fund meant to promote the inclusion of women in regenerative, sustainable agricultural models in Latin America.
Earlier this year, the Innovations Fund opened a funding opportunity for the ISEAL community, which continues until 2026 with renewed support from our principal donor, the Swiss State Secretariat for Economic Affairs SECO.
They are therefore taking things into their own hands, actively engaging with companies to eliminate modern slavery from supplychains. This means they havent assessed the risks in their supplychains nor taken steps to adequately mitigate those risks, she tells ESG Investor.
Such extreme events – compounded by aging infrastructure, changing demand patterns, supplychain issues and workforce changes – can be expected to continue, endangering the critical energy, water and communications infrastructure that drives business and underpins our quality of life. Which are critical?
The release of the new standard follows a 2-year development process, according to the GRI, and builds on these key global biodiversity-related developments. The new standard will formally go into effect in January 2026, with the GRI aiming to pilot the standard with early adopters over the next 2 years.
According to the exchanges, the core content topics outlined are included in the guidelines “so that investors and stakeholders can fully understand the listed companies’ efforts to cope with and manage sustainable development.”
GRI 14, the first global transparency standard for responsible mining, addresses the pressing need for consistent, granular and complete reporting on the sector’s wide-ranging impacts and contributions to sustainable development.
At the co-hosted “Chatting Climate & Consumer Goods” event held in New York City’s Garment District, speakers and attendees delivered deep supplychain decarbonization insights, building on presentations at the Cascale Annual Meeting and Worldly Customer Forum in Munich earlier this month.
The company did not specifically deny that deforestation had occurred in its supplychain. Upon learning about credible serious allegations concerning our suppliers, we put all further purchases from those suppliers or supplychains on hold while we investigate the cases,” Neste said in November 2020.
By working together to decarbonize supplychains and embrace innovative solutions, we can ensure this sector leads the charge toward a healthier, more sustainable future.” Among the 149 companies with high-quality emissions data, 31% have set medium-term Scope 1 and 2 targets (2026–2035) aligned with a 1.5°C
Under the initial proposal, in alignment with the IFRS standards, issuers would be required to report on Scope 1 and 2 emissions in the first year, and on Scope 3, or value chain emissions, in 2026, and to obtain external limited assurance on Scope 1 and 2 GHG emissions two years after beginning reporting.
While the SEC climate disclosure rule continues to be debated, the California regulations are pressing onward, with their first wave of reports due beginning in 2026. The scope extends from a company’s own operations and their subsidiaries’ operations to also include the impacts associated with their supplychains’ operations.
As passed in the Assembly, SB 253 ’s disclosure obligations would begin in 2026 for Scope 1 and 2 emissions, and in 2027 for Scope 3 emissions, with measurement and reporting to be performed according to the Greenhouse Gas Protocol standards. Newsom’s statement follows recent comments by the U.S. SB 261 applies to U.S. SB 261 applies to U.S.
There are a number of sustainable alternatives, some commercially available, some in development. This is one barrier to implementation, Saville explains, and one reason why these fuels are in short supply. This is a sustainable fuel that is in the earliest stages of development and implementation.
Renewables Developer Avantus Renovare Raising $7.5 This week in ESG news: Texas pulls $8.5 Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5
C rise between now and 2026. Guterres says that renewable energy won’t be able to flourish without international cooperation and government incentives to build supplychains. For Guterres, policies that support renewable energy development are “fundamental to reduce market risk and drive investment into the sector.”. .
GSK will fulfill approximately 50% of its total electricity demand in mainland Europe from the VPPA for 12 years, starting from mid-2026. Healthcare systems globally account for roughly 5% of all emissions, with more than half of these emissions being created in manufacturing supplychains 2. MWh 2 [link]
SSAB announced plans in 2021 to bring its fossil-free steel manufacturing technology, HYBRIT, developed in partnership with partners Vattenfall and LKAB, to market by 2026. Deliveries under the new agreement are anticipated to begin in 2026.
About Vanguard Renewables Vanguard Renewables, based in Weston, Massachusetts, is a national leader in developing food and dairy waste-to-renewable energy projects. Vanguard Renewables plans to expand nationwide to more than 150 anaerobic digestion facilities by 2026.
Founded in 2016, Texas-based CarbonFree develops technologies aimed at decarbonizing of hard-to-abate industries and global supplychains. Steel Gary Works facility is expected to being as early as this summer, with entry into operations anticipated in 2026.
25 million invoices through its supplychain finance program and reducing the number of unbanked people in the Balkans by a minimum of 100,000. As a company, Zvilo aims to be carbon neutral by 2026. Zvilo will directly contribute to nine (9) of the seventeen (17) SDGs*, as follows: SDG 1: No Poverty. SDG 2: Zero Hunger.
This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supplychain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)
DUBAI, United Arab Emirates, August 27, 2024 /3BL/ - DP World , a global leader in logistics and supplychain solutions, has secured validation from the Science Based Targets initiative (SBTi) for its ambitious commitment to reduce its carbon footprint.
Global mining and metals company Rio Tinto announced plans to develop a new facility in Western Australia, aimed at testing the effectiveness of a new low-carbon ironmaking process, including a pilot plant to test production at a semi-industrial scale. Fabrication of the equipment will begin this year, with commissioning expected in 2026.
Today, the supply of recycled plastics only meets 6% of the overall North American plastics demand, resulting in a significant opportunity for recycled plastics to fill the industry need. According to Smithers in an article published in May 2022, the rapid growth of post-consumer recycled plastic (PCR) packaging is expected through 2026.
About Vanguard Renewables Vanguard Renewables, based in Weston, Massachusetts, is a national leader in developing food and dairy waste-to-renewable energy projects. Vanguard Renewables plans to expand nationwide to more than 150 anaerobic digestion facilities by 2026.
These industries were chosen because they represent a significant share of global emissions , and they’re essential to many supplychains. From 2026 onwards, however, carbon tariffs come into full effect, requiring companies to pay based on their imported products’ carbon footprints.
After much wrangling , the CSDDD was adopted in April, enhancing requirements and obligations for companies in relation to the environmental and social harms of their operations and supplychains. Both the CSRD and CSDDD have already been watered down, dampening their usefulness for investors.
Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. exchange and private companies will need to disclose their full value chain GHG emissions, including emissions from their supplychain. including CA), and globally.
The law requires the first climate-related risk disclosures be published on or before January 1, 2026, with biennial updates thereafter. Companies will also need to perform scenario analysis to determine how risks and impacts are expected to develop under different future climate states. emissions reduction targets).
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