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Business sustainability ratings and solutions provider EcoVadis announced the appointment of former CDP Chief Commercial and Partnerships Officer Dexter Galvin as its new Climate Ambassador. Dexters experience and expertise will be instrumental as we continue on our mission to decarbonizesupplychains faster.
The new partnership aims to advance decarbonization throughout Clorox's value chain through the collection of emissions data, jointly identified and defined actions for reduction and continuous upskilling. "As OAKLAND, Calif., M2030 is designed to help suppliers measure, manage and reduce carbon emissions.
SLB is among the 2024 Reuters Sustainability Awards finalists in the Net Zero: SupplyChainDecarbonization category. The supplychaindecarbonization category showcases sustainable supplychain practices and highlights how companies are managing and transforming their supplychain to reduce GHG emissions. Finalists
The company aspires to have its own carbon neutral supplychain by 2040 and recently extended its 100% renewable electricity target to all suppliers. . This effort aligns with Ørsted’s own net-zero by 2040 supplychain initiative - we understand firsthand that in the realm of decarbonization there are no competitors, only partners.
million over ESG investing claims; IAASB releases first sustainability reporting assurance standards; EU lawmakers delay supplychain deforestation law; Shell wins appeal against landmark climate ruling; CDP strengthens alignment of sustainability reporting platform with GRI, EU standards; IKEA invests $1.6
DESCRIPTION: Today, Walmart marks a major milestone: We are now more than halfway toward our goal to reduce or avoid 1 billion metric tons (a gigaton) of greenhouse gas (GHG) emissions from product supplychains by 2030 through our Project Gigaton™ initiative. Driving Action on SupplyChain Emissions.
VERGE empowers professionals decarbonizing and future-proofing their organizations and supplychains through climate technologies. Trellis Impact 25 brings together VERGE , Bloom , and GreenFin and will be held October 28-30, 2025, at the San Jose Convention Center in San Jose, CA.
Decarbonizing our customer operations and our supplychain In 2024, SLBs Transition Technologies portfolio of upstream and midstream products and services continued to expand, helping customers reduce their greenhouse gas emissions.
DESCRIPTION: Decarbonising renewable energy supplychains is a challenge no company can solve by itself. We caught up with Van Oord, one of our strategic suppliers, to get their perspectives on supplychain decarbonisation. Read more at: [link]. C initiative. Headquartered in Denmark, Ørsted employs 6,836 people.
Billion to Climate Investment Strategies Franklin Templeton Launches Enhanced ESG, Reduced Carbon Footprint S&P 500 and World ETFs Robeco Launches Tool for Investors to Find Biodiversity Leaders and Underperformers
It also plans to derive 80 percent of its revenue from green solutions by 2025, have 1,000 of its top suppliers reduce CO2 emissions by 50 percent by 2025 and have an entirely net-zero supplychain by 2050. Tackling sustainability beyond an organization’s own operations – across the supplychain – is the next big challenge.
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 supplychain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”
According to the White House statement announcing the new proposals, the supplychain is a major source of the federal government’s emissions footprint, responsible for more than twice the emissions of its 300,000 buildings and 600,000 vehicles combined. The new rules would require all federal contractors with over $7.5
DESCRIPTION: LAUSANNE, Switzerland, December 20, 2022 /3BL Media/ - Tetra Pak has been recognised for leadership in corporate transparency and performance on climate change and forests by global environmental non-profit CDP , securing a place on its prestigious ‘A List’ for the fourth year running. C without nature.
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.
Through our seven tips we answer the tricky questions that companies have around supplier engagement Resilient supplychains ones that have the capacity to adapt and recover quickly when faced with disruptions are essential to a companys overall health and competitive edge. Here we look at three of the most common ones.
Key risks and opportunities include: Increased frequency and severity of storms, floods, and heatwaves that can disrupt supplychains, damage infrastructure, and impact workforce availability. It includes aggressive decarbonization through rapid deployment of renewables, electrification of transport, and energy efficiency improvements.
The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.
This includes our direct operational GHG emissions such as from manufacturing processes at our three fabs and our cogeneration plants, our purchased utilities, primarily electricity, and our upstream and downstream value chain, which includes direct and indirect supplychain, business travel, waste generated in operations, and more.
In addition, the new European entity will focus on: Sustainability Strategy Development: Helping businesses develop comprehensive strategies for compliance with regulations, circular economy initiatives, and decarbonization goals.
All companies will need to work with and support the small and medium-sized enterprises (SMEs) in their supplychain – and the SME Climate Hub can help them do it. If bigger businesses fail to build resilience in their supplychains by supporting SMEs to decarbonize, the long term economic and climatic consequences will be severe.
2021 was characterized by the ongoing COVID-19 pandemic, supplychain disruptions, labour shortages, and geo-political and climate uncertainty. Received a “B” score on climate change and water security from CDP. Key environmental highlights in 2021 included the following: 39% of Gildan’s energy came from renewable sources.
Schneider Electric’s strong performance spans what was the hottest year on record – serving to highlight the importance of collective action to decarbonize business operations and value chains to avoid the worst effects of global warming and accelerate the transition to a cleaner, fairer world.
This lesson on the importance of actionable data did not go unnoticed for those of us working on industrial decarbonization. Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) — a variety of methods can be used for carbon accounting (CDP accepts 64 of them).
Based on existing best practice from business leaders including AstraZeneca, the Supplier Cascade is a practical approach – for businesses of any size and from any sector – designed to overcome barriers to decarbonization by focusing on one area that an organization can directly control: their relationship with Tier 1 suppliers [1].
As climate becomes everyone’s responsibility, companies with significant Scope 3 emissions from soft commodities in their supplychains must account for and mitigate these climate impacts. Leading companies have been working for years to mitigate deforestation risk in their supplychains. How to Prepare.
The program aims to advance decarbonization along the value chain through the collection of emissions data, jointly defined actions for reduction and continuous upskilling. The data overview can also serve them to gain access to business partners and green finance opportunities.
This doesn’t signal migration away from climate goals, but instead a heightened concentration on understanding what it will take to get there, including investments and partnerships with key stakeholders in the value chain. There’s cautious optimism for AI opportunities in climate.
Supplychain finance plays a key role in unlocking investments towards decarbonization tech and making climate action more accessible to small and medium enterprises (SMEs). Climate finance and decarbonization tech has already attracted billions in private funding.
At GreenBiz 23 in Arizona last month , I shared a platform with experts working across public procurement and business to discuss carrots, sticks and tech – all tried-and-tested approaches to decarbonizingsupplychains. This is a popular topic. ” But are we too bogged down in trying to get the data perfect?
This week in ESG news: IBM study shatters “myth” that ESG harms profitability; PwC boosts nature and biodiversity capabilities; Starbucks certifies 3,500 environmentally sustainable stores; Hong Kong to require all issuers to report on climate; EU lawmakers adopt rules tackling deforestation in supplychains; Schneider Electric launches (..)
Source: CDP filings; Environment and Climate Change Canada; Corporate Knights research Others point out that these strategies may do little more than reinforce actions cities were already taking. But both Buchanan and Dunsby caution against the notion that there’s a silver bullet when it comes to decarbonizing cities.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Nestlé, Starbucks, Microsoft Back Closed Loop Partners’ Circular Economy Infrastructure Platform Whirlpool Reaches Zero Waste to Landfill Across Global Manufacturing Sites Shell Says Climate Lawsuits Won’t Help Energy (..)
It is increasingly urgent for companies to take effective action to decarbonize and build resilience in their supplychains. The good news is that companies already engaged in initiatives to cut supplychain emissions are beginning to reap the benefits. times greater than the cost of mitigating these risks.
While all sectors have good reason to start mitigating their impact on nature, today’s investors are most concerned about those with large, global supplychains. Regardless of your sector, investors will at a minimum want to know if you’ve screened your operations and supplychain for biodiversity loss, and what risks you’ve found.
See our TCFD index for references to our CDP response and portions of this report on how we address the eleven recommendations of TCFD. The identification of emerging climate risks is informed by external scans of megatrends, consultancy and industry reports, peer CDP disclosures, TCFD reports, annual reports and 10-Ks.
With the growing focus on net-zero and decarbonization targets, Scope 3 emissions are increasingly in the spotlight. Watch our webinar and hear from Sphera’s experts: Traditionally, organizations have focused on Scope 1 and Scope 2 emissions to measure, improve, and report their sustainability and ESG performance.
And befitting its heavily female clientele, the company also funds initiatives focused on raising up girls and women, such as HERProject, a BSR initiative aimed at supporting low-income women in global supplychains. We're getting recognized by CDP or MSCI or ISS for that, which we find very gratifying.
Committed to providing customers with delicious, safe, nutritious, and high-quality food, the Company further enhanced food safety management through an industry-leading intelligent and digitalized supplychain management system. Reaffirmed its commitment to nutritional improvements through product innovation.
A multinational’s supplychain can be multi-tiered, span dozens of countries and include thousands of companies of all sizes – many far from a company’s direct control. Our early adopters are already in the process of reaching out to their suppliers and kickstarting a cascade of action in their supplychains.
The exponential growth of corporate climate commitments, including more than 13,000 companies setting targets through organizations such as the Science Based Targets Initiative and SME Climate Hub, is demonstrating that companies are taking ambitious action on climate by focusing on the decarbonization of their value chains.
And befitting its heavily female clientele, the company also funds initiatives focused on raising up girls and women, such as HERProject, a BSR initiative aimed at supporting low-income women in global supplychains. We're getting recognized by CDP or MSCI or ISS for that, which we find very gratifying.
DESCRIPTION: Investors and regulators increasingly expect companies to have both a decarbonization strategy (greenhouse gas accounting, science-based targets, low-carbon transition plan) and a climate resiliency strategy (managing acute/chronic physical risks and regulatory/market transition risks). SOURCE: Antea Group.
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