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And in June, IKEA announced a strategic partnership with the Ellen MacArthur Foundation , which will build on the company’s commitment to become fully circular by 2030. I think in a dream world, it is that every product that you would buy is coming from recycled materials that are closed-loop in our own supplychain.
Henkel’s vision to become climate-positive in operations by 2030 begins with a strong focus on the company’s production sites. Today, Henkel focuses its sustainability efforts—which include more than 30 years of reporting and progress—on three key areas: circular economy, climatepositivity and social progress.
Fisher’s personal rise from simply tweaking the supplychain to resetting corporate strategy became emblematic of the growth of the CSO position itself – in sheer numbers and in increasing clout. We’re seeing the CSOs becoming more and more important and more integrated with their organizations’ financial performance.”
IKEA announced a significant expansion of its program to support its suppliers in accessing renewable energy, rolling out the initiative to ten new markets, as part of its goal to address supplychain emissions and work towards 100% renewable energy across its value chain.
Addressing greenhouse gas (GHG) emissions from production forms a major part of IKEA’s commitment to become climatepositive – reducing more emissions than the value chain generates – by 2030, with supplychain emissions account for nearly two thirds of IKEA’s climate footprint.
Such investment is a key element of the Coalition’s Forest Positive Approach , a set of actions that Coalition members are committed to implementing in their own supplychains through commodity-specific KPI reporting and, in collaboration with their upstream supplychain partners, in businesses and production landscapes across the value chain.
Burberry has strengthened its resolve to be climatepositive by 2040 by refinancing a credit facility to a £300m Sustainability Linked Loan. The firm committed to the climatepositive target last June, which will place the company ten years ahead of the 1.5C pathway laid out in the Paris Agreement.
The company’s climate commitment is a verified 1.5 degree Science Based Target , and is informed by its goal to reach net zero emissions by 2030 across its operations and supplychains and its analysis on the carbon impact of remote work. C Science Based Target Net zero by 2030 target. Verified 1.5°C Moody’s.
Reducing our reliance on virgin silk is an important part of achieving our ambitious commitments to become climatepositive by 2025,” said Carrie Freiman Parry, senior director of sustainability at Reformation.
Burberry first set science-based targets in 2019, and last year the company pledged to go beyond net zero, to become “climatepositive” by 2040. by 2030, from a 2019 baseline. Scope 3 includes emissions in Burberry’s extended supplychain such as energy usage by manufacturing and material sourcing partners.
Climate shocks like extreme droughts, flooding or super hurricanes can destroy farms and lives and lead to forced migration. Without action, climate change is expected to push up to 130 million people into poverty by 2030. Smallholder farmers urgently need financing to prepare for climate change and build resilient livelihoods.
Supplemented our annual public policy and political contributions disclosure with an inaugural report on the climatepositions of our disclosed membership organizations . Expanding our ambition, we added a goal to electrify our entire light-duty vehicle fleet by 2030.
“Our ultimate ambition is to have a positive impact on the environment and society and drive our whole sector forward by sharing our approach and collaborating.”. Logitech recently accelerated its climate action strategy and has set itself on a direct path to be climatepositive beyond 2030 by capturing more carbon than it creates.
These include elements such as climate change adaptation, transition to the circular economy, resource scarcity and worker and supplychain equity and the zero waste movement. This toolkit has been designed to help you assess your current sustainability and climate-positive journey so that you can take action.
Cost savings are always pushed along the supplychain and ultimately are inflicted on farmers, who are price-takers, not price fixers. Leverage of supplychain incomes. Too much effort is focused in already deforested regions where farmers are already part of established supplychains.
Time will tell – Two reports this week gave us a snapshot of the status of asset owners’ efforts to decarbonise the operations and supplychains of the firms in their investment portfolios.
Eleven of the TNFD’s 14 recommended disclosures replicate the categories used by the TCFD, with the addition of three new ones, including ones related to human rights policies and engagement activities, and the location of assets and activities, including upstream and downstream supplychains where possible.
We need to halve emissions by 2030 to limit global temperature rise to 1.5°C C and avoid the most catastrophic effects of climate change, as outlined by the Intergovernmental Panel on Climate Change (IPCC). Decarbonizing supplychains alone will not be enough to limit global temperature rise to 1.5°C.
“Our voting enhancements on climate issues have led to significant votes against management at AGMs, including opposing chair of the board re-elections and ‘say on climate’ management resolutions and supporting independent climate resolutions,” said Baines, noting also that pre- and post-AGM engagement accompanied these votes.
Clearly, what has been done to date has been woefully inadequate in terms of getting the world economy on the path to nearly halving global emissions by 2030 to avoid making the most catastrophic effects of climate change – including the threat of self-accelerating, irreversible, ecological collapse – likely.
Clearly, what has been done to date has been woefully inadequate in terms of getting the world economy on the path to nearly halving global emissions by 2030 to avoid making the most catastrophic effects of climate change – including the threat of self-accelerating, irreversible, ecological collapse – likely.
The global home furnishing company aims to become a circular and climate-positive business by 2030. Building on its vision to improve everyday life for people and create a positive global impact, IKEA recently brought leaders together to envision a better and more sustainable future.
One of the key sustainability initiatives at Logitech is to not only be Net Zero, but to be ClimatePositive by 2030, taking out more carbon than we create, and to do that across its entire supplychain. We are holding ourselves accountable to make sure that is addressed across future generations of products.”.
These goals include net-zero GHG emissions economywide by 2045 and net-negative emissions thereafter, along with a 40% reduction in statewide GHG emissions from 1990 levels by 2030 and 80% by 2050. This commitment covers the power SCE delivers to customers and Edison International’s enterprisewide operations, including our supplychain.
Apple is also working to transition its entire product supplychain to renewable electricity by 2030, as part of its efforts to achieve its verified 1.5-degree QUOTE OF THE WEEK “Customers increasingly care about climate change, their footprint, their supplychain footprint.
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.
In other US climate-positive news, the Biden administration recently awarded US$4.3 Keeping up the momentum – Climate finance and policymaking has been all the rage in the UK since the election of the new Labour government early last month. This week was no exception, with the confirmation of a record £1.5
In addition to net-zero companies, there are also net-zero buildings , communities , products , farming , factories , supply-chains , even ships. What progress can we expect to see in, say, 2025 or 2030? One large financial institution set forth a commitment to net-zero client emissions. There’s also net-zero water and waste.
to the initiative, aimed at addressing supplychain emissions and working towards 100% renewable energy across its value chain. Addressing greenhouse gas (GHG) emissions from production forms a significant part of IKEAs commitment to become climatepositive reducing more emissions than the value chain generates by 2030.
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