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Veolia Becomes First Company with Net Zero Goals Validated by Both SBTi and Moody’s

ESG Today

France-based water and wastewater services and energy provider Veolia announced that its decarbonization targets have been approved by the Science Based Targets initiative (SBTi), and that its net zero transition plan has been rated as “Advanced” by international ratings agency Moody’s.

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Tata Communications Commits to Net Zero Across Value Chain by 2035

ESG Today

India-based telecommunications and digital ecosystem provider Tata Communications announced a series of new climate goals and initiatives, including targets to become carbon neutral by 2030, and achieve net zero emissions across its value chain, including Scope 1, 2 and 3 emissions, by 2035. Tata Communications CEO A.S.

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Intuit Commits to Net Zero Value Chain Emissions by 2040

ESG Today

Financial technology platform provider Intuit announced today a series of new climate-focused goals, including a new target to achieve net zero emissions across its value chain by 2040. We will continue to drive meaningful emissions reductions as we embark on our net-zero journey.”

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Nasdaq's Net-Zero Target Approved by The Science Based Targets Initiative

3BL Media

SBTi has also validated Nasdaq’s pledge to reduce Scope 3 GHG emissions 95% to reach net-zero by 2050. Ensure that 70% of its suppliers by spend, covering purchased goods and services and capital goods, will set science-based targets by 2027. KEYWORDS: NASDAQ, net-zero, SBTi. Near-term: 2030 Targets.

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HubSpot Commits to Net Zero Across Value Chain by 2040

ESG Today

CRM solutions platform HubSpot announced today a new commitment to reach net-zero greenhouse gas emissions (GHG) across its value chain by 2040. With SBTi’s validation, HubSpot said it is one of just over 400 companies that have committed to reaching net-zero on or before 2040.

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Dow to Build $6.5 Billion Net Zero Chemical Plant in Canada

ESG Today

billion project to build the world’s first net zero Scope 1 and 2 emissions ethylene plant in Alberta, Canada. The project will see Dow build a new ethylene cracker and increasing polyethylene capacity by 2 million metric tons annually (MTA), as well as retrofitting an existing cracker to net zero Scope 1 and 2 emissions.

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‘NOCs’ Knock Investors off Net Zero Track

Chris Hall

Investors that have set net zero targets for their portfolios have been cautioned to carefully evaluate their positions in majority state-owned oil and gas laggards. The NOC is planning to increase oil production capacity from 12 million barrels per day to 13 million by 2027. billion in 2022, a 46.5%