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The CDP rating of A- for our climate commitment demonstrates the strength of our efforts to do our part to help find a solution. This community, led by the World Economic Forum, is committed to accelerating decarbonization and expanding partnerships across global value chains. degree pathway for our Scope 1 and 2 targets.
Now, emerging at the helm, these same organizations are guiding and collaboratively working with others on best practices and knowledge sharing to steer companies on their sustainability journey to fulfill the promises made to decarbonize, improve watershed health, reduce plastic waste, and embrace regenerative agriculture.
Danone and General Mills have partnered with their suppliers to restore soils and pollinator habitats through regenerative farming practices. As a business, you’ll soon be expected to disclose how you’re tackling biodiversity challenges alongside your decarbonization efforts.
We saw new highs of ambition within one of the hardest-to-decarbonize sectors, as Cemex, Holcim and Titan become the first cement companies to set 1.5°C-aligned New guidance and tools were launched to further support companies on the path to decarbonization. C-aligned science-based targets. C temperature rise limit.
Signals of change in the net zero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. Japan, alongside the other G7 countries, committed last year to largely decarbonize their power sectors by 2035, but Tokyo has yet to map out a clear path for the goal.
Natasha Santos, vice president and head of global stakeholder affairs and strategic partnerships at Bayer spoke of the 200 million hectares now covered by farmers in their supply chain using regenerative practices. Companies teaming up to send demand signals is also a growing trend. C-aligned science-based targets.
Nestlé, Cargill and the National Fish and Wildlife Foundation are working together to scale the adoption of regenerative farming practices in the meat sector. The project’s full roll-out would help customers across the country to choose food and drink options with lower emissions footprints.
And in Japan, conglomerate Mitsubishi and MUFG Bank have launched a decarbonization fund aimed at European and US start-ups which specialize in offshore wind turbines and sustainable aviation fuel. Owner of much-loved cordial brand Ribena, it is introducing measures across almost 60 hectares of blackcurrant cropland in Norfolk, England.
Google will use some of the energy generated to help decarbonize its own data centers – as efforts to do so have in the past been held up by long backlogs to connect renewables projects to the electricity grid. And nine European countries have pledged to increase offshore wind capacity in the North Sea eightfold by 2050.
GFANZ confirmed that the chapter will launch in June, and will support local financial institutions to decarbonize their investments and help the country to meet its net zero goal. And the We Mean Business Coalition has partnered with B-Lab – the leaders of the global B-Corp movement – to collaborate on business climate action initiatives.
And this year’s Global Supply Chains Report from CDP has shown which companies took the necessary action on supply chain emissions in 2022. Of the more than 18,500 companies disclosing to CDP in 2022, roughly 7,000 said that they engaged their suppliers on climate change issues. million homes. million homes. German energy giant E.ON
Million Exec Moves Caterpillar Appoints George Moubayed as Chief Sustainability Officer 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
Transport Founding EV100 member LeasePlan has taken significant steps forward in its partnership with G4S to decarbonize the company’s vehicle fleet by 2040. The company has committed to adopt regenerative agriculture across its entire potato supply chain by 2030. .
Frozen food giant, McCain is also driving regenerative agriculture through its Regenerative Agriculture Framework, focusing on improving soil health, water quality, water use optimization, biodiversity, and reducing synthetic inputs. The move aims to accelerate the shift towards a net-zero, nature-positive role for agri-commodities.
The letter, signed by firms including Cemex, British Steel and Kingfisher, states that the UK risks being left behind in the green transition as other countries compete to incentivize economy-wide decarbonization. Meanwhile, ADM has announced the expansion of its regenerative agriculture program across North America.
And over additional 40 businesses have signed the World Green Building Council’s commitment to decarbonize the built environment across their portfolios and business activities. At COP26, focus turned to industrial decarbonization, with several key developments across the harder-to-abate sectors. . Business Ambition for 1.5°C
"I think one of the things that also distinguishes the pledge is a commitment to sending these market signals, the demand for the products and services that companies need to help us decarbonize." .
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