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We ask our key semiconductor manufacturing suppliers to report their water use via the Carbon Disclosure Project (CDP) Water Disclosure Survey or the RBA Environmental Reporting Initiative and 100% of these suppliers have clear goals and/or programs for reducing water withdrawal. We’ve already begun implementing this strategy.
SBTi is the leading partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the Worldwide Fund for Nature (WWF) that defines and promotes best practice in emissions reductions and net-zero targets. We set interim goals and committed to the SBTi’s Business Ambition for 1.5°C
And a consortium of major businesses including Coca-Cola, DPD and Diageo have set up an updated initiative focused on the decarbonization of heavy goods vehicles (HGVs) across Europe. It aims to spend the next six months exploring the challenges related to HGV decarbonization and co-developing potential solutions.
While it may be tempting to rely on carbonoffsets (after all, offsets can support tree planting and reforestation), just remember that offsets don’t make up for the destruction of ancient ecosystems. For instance, this year’s CDP climate questionnaire featured a brand-new section on biodiversity.
Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. A new label aimed at replacing carbon neutrality claims has been launched by carbonoffset firm South Pole.
Moreover, according to CDP, supply chain emissions are on average 11.4 According to Dexter Galvin, Global Director of CDP Supply Chain, there are six benefits of setting a science-based target. Besides, companies can finance carbon sequestration projects outside its value chain. Using CarbonOffsets in net-zero targets.
Among several requirements, companies will need to reach deep decarbonization of 90-95% before 2050. Besides, companies will have to limit the carbonoffsetting to a max of 10% of the firm’s emissions. 2 – CarbonOffset Markets price Hike. CarbonOffsets Market growth.
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