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Maersk Signs Long-Term Green Methanol Deal with LONGi to Reduce Fleet Emissions

ESG Today

The agreement follows the release earlier this year by Maersk of goals to reduce emissions across its operations and supply chain, and the achievement by the company of validation of its goal to achieve net zero by 2040 by the Science Based Targets Network.

Net Zero 109
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UBS Pushes Back Net Zero Target by 10 Years Following Credit Suisse Acquisition

ESG Today

HSBC , for example, recently pushed back its own target to achieve net zero emissions in its operations and supply chain 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 net zero ambition reached $64.4

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Schneider Electric and Microplásticos Work Together To Decarbonize Supply Chain

3BL Media

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 supply chain. To learn more about Schneider Electrics Zero Carbon Project, click here. SOURCE: Schneider Electric.

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Firmenich Commits to Net Zero Emissions by 2039, Climate Targets Approved by SBTi

ESG Today

Fragrance and taste company Firmenich announced a commitment to achieve net zero greenhouse gas (GHG) emissions across its value chain by 2039. Last year, the organization launched its Net Zero Standard , setting stringent criteria which it uses to assess and certify corporate commitments to achieve net zero emissions.

Net Zero 118
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Canada Signs EV and Battery Supply Chain Agreements with Volkswagen, Mercedes-Benz

ESG Today

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 supply chains and manufacturing in the country.

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L’Occitane Unveils Strategy to Achieve Net Zero Value Chain Emissions

ESG Today

Beauty and wellness products manufacturer and retailer L’Occitane Group announced today the publication of its Climate Strategy, outlining its roadmap of targets and initiatives to achieve its climate goals, including the company’s ambition to achieve net zero emissions across its value chain by 2050.

Net Zero 108
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SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates. Wyburd said that while carbon credits and removals can support the path to net zero, they must never be a substitute for internal decarbonisation.