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Australia-based telecommunications and information services company Telstra announced today that it will no longer be using carbon credits to offset its operational carbon emissions, shifting focus instead to investments in decarbonization projects to reduce its direct emissions footprint.
Below, Angela Baker, Qualcomm’s ChiefSustainabilityOfficer, discusses our commitment to reach net-zero GHG emissions by 2040, why the Company has made this a priority, and the roadmap to achieve our goals. What does it mean to achieve net-zero? How can Qualcomm technologies be used to address the climate crisis?
Qantas said that it is financing its investment through its Climate Fund, a A$400 million fund set up last year, aimed at investing in solutions enabling the company to decarbonize.
This project exemplifies how reforestation and restoration can deliver carbon removal at scale while supporting local communities and restoring vital ecosystems. This approach will attract investment to the conservation space and help scale carbon removal in line with what climate science demands.”
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money.
This week in ESG news: Microsoft signs one of the largest ever carbon removal deals; Deloitte survey finds over 40% of Gen Z & Millennials would switch jobs over climate concerns; EU Parliament proposes ban on green claims based only on carbonoffsetting; Morgan Stanley raises $500 million for climate solutions fund; most companies planning to (..)
Visa aims to become a climate positive company by leveraging its global network to increase sustainable commerce and providing clients with sustainable card options and guidance on sustainable accounts, including access to high-quality carbonoffsets. degree Science-Based Net Zero commitment.
Nearly all with net zero goals said that they have a plan to deliver their targets, with top strategies including tilting mostly towards low emitters (25%), shifting capital to high emitters that are decarbonizing (25%), or a combination of both strategies (28%).
Where you can’t decarbonise, to offset using nature-based solutions that are credible and permanent. According to Kara Hurst, Amazon’s ChiefSustainabilityOfficer, it’s Amazon’s culture of “customer obsession” that has made the pledge so successful. “We But how did they get so many signatories?
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