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In November 2021, we were proud to publicly announce our goal to achieve net-zero global emissions across our value chain by 2040, joining more than 2,000 businesses around the world committed to the Science Based Targets initiative (SBTi). What does it mean to achieve net-zero? Why 2040 vs 2050? Why set interim goals?
International savings and investments business M&G plc today announced the appointment of Kathy Ryan to the newly created role of ChiefSustainabilityOfficer. In addition, she chaired the CDP Ireland Network, launched the 30% Investor Initiative Ireland on Diversity and contributed to Ireland’s Climate Action Plan.
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supply chain, as well as financed emissions.
The Barron’s accolade follows CBRE’s achieving an A- performance score from CDP on its 2023 climate change disclosure. CDP’s annual climate change disclosure and scoring process is recognized as the global standard of corporate transparency on climate impacts, risks and opportunities.
DESCRIPTION: By James McCall, ChiefSustainabilityOfficer. In 2021, HP announced a range of ambitious climate action targets , including a commitment to be netzero by 2040 — a full decade ahead of the Paris Agreement. Tweet me: @HP is committed to being netzero by 2040. SOURCE: HP Inc.
November 5, 2024 /3BL/ - The Clorox Company (NYSE: CLX) announced a strategic partnership with Manufacture 2030, or M2030, to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050. OAKLAND, Calif.,
The number of companies proclaiming their intent to go net-zero by 2050 has expanded exponentially in the past 12 months, but the ones short-cutting that commitment by a decade are a rarer breed. I've got history in sustainability, but I'm a business guy. How do we end up at net-zero? Photo courtesy of PepsiCo.
Sustainability is central to how we do business at Enbridge, and sustainability ratings agencies continue to notice. In November 2020, we announced 11 ESG goals , including net-zero greenhouse gas (GHG) emissions by 2050 and, as an interim target, reducing GHG emissions intensity from our operations 35% by 2030. “We
Maintains its ranking as the world’s most sustainable real estate management and development company for the fourth consecutive year. Reaffirms its commitment to strengthening emissions pathways and carbon reduction efforts to achieve netzero goal by 2030.
That means our products and services can help the vast majority of companies driving the global economy organize their supply chains, transportation, and financial data in a way that can enable an equitable, circular economy and net-zero emissions. Daniel Schmid is chiefsustainabilityofficer at SAP.
Her initiatives also promote gender equality and active participation in industry efforts to achieve net-zero emissions. Additionally, she had worked with an external consultant to appropriately scale her company’s employee wages, ensuring all were earning fair wages.
Establishes SustainabilityOffice and appoints Mike Faillo as ChiefSustainabilityOfficer. DESCRIPTION: CINCINNATI, May 27, 2022 /3BL Media/ - Fifth Third today announced six new operational sustainability targets to be achieved by 2030. Achieved an A- CDP Leadership Score in 2021.
Establishes SustainabilityOffice and Appoints Mike Faillo as ChiefSustainabilityOfficer. DESCRIPTION: CINCINNATI, May 9, 2022 /3BL Media/ - Fifth Third today announced six new operational sustainability targets to be achieved by 2030. Achieved an A- CDP Leadership Score in 2021.
Everyone can see and feel the effects of climate change, from record-setting heat to intensified wildfires , so the need to prioritize pledges like reaching net-zero is not just a matter of meeting government regulations. Is this a chief risk officer's responsibility? A chief financial officer's duty?
In the six years since Nancy Mahon assumed responsibility for CSR and sustainability strategy at Estée Lauder Companies — she's currently senior vice president of corporate citizenship and sustainability — her team has launched a series of new initiatives that are a "first" among her organization's sector. We hit netzero early.
A greater focus on phasing down fossil fuels and ensuring transparency around netzero goals emerged in Sharm El Sheikh, writes We Mean Business Coalition CEO María Mendiluce. Business welcomes greater transparency in reporting on netzero goals. This will require a credible netzero roadmap for the oil and gas industry.
ESG Investor’s weekly round-up of moves and appointments in the sustainable investing sector, including AXA IM, Macquarie AM, Pollination, Sphera, ISSB, and CDP. . Macquarie Asset Management (MAM) has appointed Kristina Kloberdanz as its ChiefSustainabilityOfficer.
The core question is: what must policymakers, corporates and investors do to make good on last year’s pledges and commitments to keep the world on track for netzero by 2050? More tangible definitions and frameworks around carbon pricing are a pre-requisite step, albeit an insufficient one, toward achieving netzero, panellists agreed.
In a huge step forward for netzero economies and supply chains, the U.S. government – the world’s largest purchaser – proposed that all federal contractors must set science-based targets and disclose their environmental impact through CDP, following in Norway’s recent footsteps. C-aligned science-based targets.
In the four years since Nancy Mahon assumed responsibility for CSR and sustainability strategy at The Estée Lauder Companies — she's currently senior vice president of corporate citizenship and sustainability — her team has launched a series of new initiatives that are a "first" among her organization's sector.
This week in ESG news: CFA Institute launches climate investing certification; BlackRock invests $550 million in carbon capture project; CDP to align with European sustainability reporting standards; KKR raises nearly $3 billion for impact fund; France bans fossil fuel companies from responsible investment funds; GRI, IFRS launch hub to help companies (..)
This week in ESG news: Deloitte study finds over 70% of companies have abandoned M&A deals over ESG concerns; CDP launches new sustainability reporting platform; EU regulators call for action on greenwashing in financial sector; H&M warns against use of carbon credits in corporate netzero plans; Climeworks unveils carbon removal tech breakthrough; (..)
This investment in CIF enables Masonite to support the development of sustainable innovations within the circular economy that transcend its core business. “We We continually seek new ways to incorporate sustainable innovations into our products and operations at Masonite,” said Clare Doyle, ChiefSustainabilityOfficer.
In its recent report on environmental disclosures by firms in Southeast Asia, covering climate, water and deforestation, disclosure platform CDP found a 25% increase in forest-related disclosures, with growth rates in the region outstripping global trends. Humans never learn. They make the same mistakes.
Million Exec Moves Caterpillar Appoints George Moubayed as ChiefSustainabilityOfficer Reports, Surveys & Studies Climate Tech Investment Falls in Tough Market, But Hits Record Share of VC and PE Funding: PwC 80 Million Kilometers of Grid Investment Needed by 2040 to Meet Global Climate Goals: IEA
This week in ESG news: HSBC ends financing of new oil & gas projects; EU agrees to a carbon tax on imports; Australia to introduce mandatory climate reporting for companies; Dow Jones Sustainability annual index changes released; Barclays sets $1 trillion sustainable finance goal; Annual CDP environmental scores released; Biden invests $3.7
She passed a Zero Carbon Bill during her first term that mandates net-zero emissions by 2050 and campaigned on tougher action this term. . Amid that soul searching, one of the largest law partnerships in the world, Baker McKenzie, named its first chiefsustainabilityofficer, Alyssa Auberger.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. UN Expert Group Proposes Rules for NetZero Commitments. EU Lawmakers Adopt Corporate Sustainability Reporting Rules. UK Unveils Disclosure Framework for NetZero Transition Plans.
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