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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

It’s also planning an investment push that will see it fund carbon removal projects at an expected cost of $35 per metric ton in 2025, increasing to $80 per metric ton in 2030 — far higher than the amount companies traditionally pay to purchase carbon offsets on voluntary markets. . Both declarations are notable, for different reasons.

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20 C-suite sustainability champions for 2021

GreenBiz

Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. Each of these individuals is playing the long game and is in a strong position to move their companies and industries into what could be a more hopeful period of reconciliation, recovery and repair.

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Sport Positive Summit Brings Together Sports Organisations To Discuss Action and Ambition on Climate Change, and Calls for Cooperation

3BL Media

In addressing the climate crisis, everyone has a role to play, and the IOC has taken the lead within the Olympic Movement. In line with the Paris Agreement , the IOC has committed to reducing its direct and indirect emissions by 50 per cent by 2030. From 2030, all Olympic Games are required to be climate positive.

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Burberry Steps Out With New £300m Sustainability Loan

3BL Media

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climate positive target last June, which will place the company ten years ahead of the 1.5C pathway laid out in the Paris Agreement.

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Burberry’s Net Zero Emissions Goals Approved by SBTi

ESG Today

Luxury brand Burberry announced today that its climate goals have been approved by the Science-Based Targets Initiative (SBTi) as meeting the criteria to keep global warming to 1.5°C C in line with the Paris Agreement. by 2030, from a 2019 baseline.

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America’s Top 10 Companies for Environmental Performance in 2022

Just Capital

The IPCC, the UN’s climate research body, recently found that the world is currently on track for temperature increases more than double the 1.5°C C goal set in the Paris Agreement. The company’s climate commitment is a verified 1.5 C Science Based Target Net zero by 2030 target. Verified 1.5°C Moody’s.

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All Systems go for Net Zero

Chris Hall

COP28 reminded investors of the difficulties involved in reaching inter-governmental consensus on intensifying climate action. But he was less clear on whether PensionDanmark, which has €40 billion AUM, could achieve its stated target of achieving a further 30% cut in portfolio emissions by 2030. “If