ESG Today

MARCH 20, 2023

Luxury brand group Kering announced a new climate commitment, with a goal to reduce greenhouse gas emissions by 40% by 2035 across the company’s value chain – including Scope 1, 2 and 3 emissions – on a 2021 basis. Additionally, the absolute emissions reduction target does not include the use of carbon offsetting.

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B the Change

JULY 28, 2022

6 Ways Companies Can Prepare for Mandatory Carbon Reporting Companies that already have been reporting their carbon performance voluntarily will have an easy adjustment to the new SEC rules, Blanco says. CDP , Task Force on Climate-Related Financial Disclosures , and the Greenhouse Gas Protocol ).

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B the Change

FEBRUARY 25, 2023

For example, the Science-Based Targets Initiative (SBTi) has a net-zero standard that requires companies to make deep commitments in the near term, typically cutting GHGs by around 50% by 2030. For example, Canada has a net-zero-by-2050 goal , with a 2030 goal of reducing emissions by 40%–45% (compared to 2005 levels).

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