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This trend of shareholder and consumer scrutiny has strengthened in recent months, and most S&P 500 companies — in fact, 70 percent of them — already make climate-related disclosures to the reporting platform CDP (formerly the Carbon Disclosure Project). The previously mentioned CDP has a large database of disclosures.
The process of validating the science-based emissions reduction targets began in 2018 when Lenovo submitted their near-term goals for review by SBTi – a collaboration of experts from CDP, the United Nations Global Compact, World Resources Institute, and World Wide Fund for Nature.
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Acer extends CDP Supply Chain [1] to three tiers of suppliers. With the growing number of natural disasters around the world triggered by climatechange, constructive and collective action is needed to address the pressing issues. Responsible Manufacturing and Logistics Systems. SOURCE: Acer.
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Aligned with Yum China’s commitment to driving towards net-zero value chain GHG emissions by 2050, the Company outlines in the report its approach to addressing climate-related risks and opportunities and highlights key progress it has made on climate action. “At Learn more about Yum China’s TCFD report here.
In 2021, NMG started its climate journey by completing a scope 1 and 2 greenhouse gas (GHG) emissions inventory and a scope 3 emissions screening. This work set the stage for NMG to establish science-based targets, develop a low-carbon transition plan, and publish its progress through CDPClimate and other investor-grade disclosures.
Companies, investors, and policy makers can also find resources from Ceres, World Resources Institute, Science-Based Targets Initiative, CDP, and Guidehouse. The company is already working with major suppliers that account for a third of its total emissions, primarily raw material and logistics providers.
All of the reporting entities, we're in alignment with — the Global Reporting Initiative, the CDP, the Task Force on Climate-related Financial Disclosures. What can they do to mitigate climatechange? Then we're also looking at how we build the carbon impact into carrier selection for third-party logistics.
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Climatechange is a major threat to human existence that require rapid, far-reaching and unprecedented changes in all aspects of society. Multinational companies have the resources and capabilities to play a key role in catalyzing this change. According to CDP 2021 supply chain report , upstream emissions are 11.4
According to the latest Intergovernmental Panel on ClimateChange (IPCC) Report, the world is already 1.1°C C hotter than preindustrial levels, and unfortunately, the global climate crisis continues to grow increasingly dire 3. Keeping warming to 1.5°C
Along with governance, companies also need to align their innovation, capital investment, procurement and recruitment policies with their climate goals. One of the key actions to take now is to task manufacturing, logistics, operations and R&D teams with identifying and deploying climate solutions and to increase efficiency.
Norway and the EU have signed a ‘Green Alliance’ , committing to work together on tackling climatechange, protecting nature and developing the technologies needed to transition away from fossil fuels. In the first draft of the NEP, India had said it may add new coal-fired capacity.
Originally published in Lenovo's 2023/24 ESG Report Lenovo has responded to the Science Based Targets initiative (SBTi)s urgent call for corporate climate action by committing to align with 1.5C campaign, an official partner of the United Nations Framework Convention on ClimateChange (UNFCCC) Race to Zero campaign.
Signals of change in the net zero transition this week include the EU’s Net Zero Industry Act and the Canadian logistics company embarking on a $1 billion vehicle fleet electrification. You can now attend the Friday afternoon session – featuring US Climate Envoy John Kerry, among others – free of charge by using this link.
New Zealand Prime Minister Jacinda Ardern wasted little time raising the stakes in her nation’s fight against climatechange after handily winning re-election in October. Drawing on that mandate, Ardern declared a "climate emergency" and set the wheels in motion for New Zealand’s public sector to become carbon neutral by 2025.
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