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SAP Asks Top Suppliers to Report Product-Level Emissions by 2027

ESG Today

Sustainable procurement practices have become one of the key enablers in achieving net-zero targets.” SAP CFO and Executive Board member Dominik Asam said: “Reducing scope 3 emissions is a key factor on the journey to net zero.

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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. Currently, the company has seven vessels that utilize the fuel.

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Diageo to Use Net Zero Glass Bottles from Hydrogen-Powered Furnace

ESG Today

Global spirits and beer company Diageo announced today a new partnership with glass manufacturer Encirc to build a hydrogen-powered furnace for the first-ever at scale net zero glass bottle production. The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach net zero by 2050.

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SAP Focuses on Key Suppliers To Reduce Carbon Emissions

3BL Media

Organizations are developing net-zero emissions strategies to take tangible climate action. The global supply chain continues to contribute to a significant part of our social and environmental impacts. Sustainable procurement practices have become one of the key enablers in achieving net-zero targets.

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Net zero transition – the latest signals of change: April 21, 2023

We Mean Business Coalition

Signals of change in the net zero transition this week include EU reforms of its carbon market and deforestation laws, and a $1 billion wind project in Laos. The rules will ban imports of coffee, beef, soy and other commodities if their supply chains are linked to deforestation.

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Net zero transition – the latest signals of change: July 7, 2023

We Mean Business Coalition

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 and Europe.

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CSRD Drives Integration of ESG Into Business Operations

3BL Media

CSRD – Timelines and Structure Based on the status of deployment of the Green deal in January 2024, multinationals will begin reporting in 2025 based on FY2024; large enterprises in 2026 based on FY2025; and publicly listed SMEs in 2027 based on FY2026 (with an opt out option to 2028).