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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.

Net Zero 428
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Del Monte Foods Announces Commitment to Net-Zero Emissions Goal

3BL Media

Science-based targets provide companies with an established approach, including 2030 milestone goals, to reduce emissions that also support the Paris Agreement. “As Science Based Targets initiative, net-zero, Paris Agreement, Growers of Good, 3MW solar array, Upcycled Food Association, esg, SBTi.

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HSBC invests in world’s first ‘reef credit’ system

GreenBiz

HSBC is targeting net-zero in operations and supply chain by 2030; it also seeks to align its portfolio of investments with the Paris Agreement goal to achieve net-zero emissions by 2050. per credit, and GreenCollar estimates that the market for reef credits could be worth over 6 million credits by 2030. . Pull Quote.

Net Zero 467
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Griffith Foods Commits to Transformative Call to Action for Sustainable Food Systems at UNFCCC COP28

3BL Media

This year’s COP28 is a groundbreaking event, prioritizing discussions on the sustainability of food systems and their critical role in achieving the objectives of the Paris Agreement. This aligns with their transformative 2030 Aspirations action plan that Griffith Foods recently launched.

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Hershey Updates Science-Based Targets As It Advances Efforts To Reduce Greenhouse Gas Emissions

3BL Media

June 18, 2024 /3BL/ - Hershey (NYSE: HSY) announced today that it has updated its 2030 science-based greenhouse gas (GHG) emissions reduction targets against the latest standards. Hershey's target to reduce scope 1 and 2 GHG emissions by 50% by 2030 from a 2018 baseline was re-validated by the Science Based Targets initiative (SBTi).

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PepsiCo CSO on embedding sustainability into 'day-to-day business'

GreenBiz

In mid-January, PepsiCo joined that club with a strategy to reduce its greenhouse gas emissions by 40 percent across its entire value chain by 2030 and to reach the elusive net-zero emissions status 10 years before it’s called for by the Paris Agreement. The Frito-Lay facility in Modesto, California. Photo courtesy of PepsiCo.

Net Zero 384
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PepsiCo, Yara to Provide Farmers with Low-Carbon Fertilizers, Tools to Decarbonize Food Production

ESG Today

The new initiative follows the launch by PepsiCo in 2021 of its wide-ranging sustainability agenda, pep+ , which includes “Positive Agriculture” as one of its three key pillars, with a goal to spread regenerative practices across the company’s 7 million acre agricultural footprint.