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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?
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., In 2024 the company was ranked No.
DESCRIPTION: How does a global technology leader make progress toward that “Mars shot” of net-zero emissions? Lenovo is proud to be working with Science Based Targets initiative to establish goals that support our vision to reach net-zero by 2050. KEYWORDS: ADR:LNVGY, Lenovo, supply chain, Sustainability, net-zero.
Sofidel The paper manufacturing Group, alongside Science Based Targets initiative (SBTi), is embarking on the pathway to reducing greenhouse gas emissions to as close to zero as possible along the entire value chain. Sofidel is still accelerating its decarbonization journey.
Sofidel has once again been recognized by CDP – one of the main independent organizations for measuring and reporting environmental performance globally – for its commitment to fighting climate change and deforestation.
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
DESCRIPTION: February 15, 2022 /3BL Media/ - AMD has again been recognized by CDP as a Supplier Engagement Leader for its actions to reduce emissions and manage climate risks in its global supply chain. This achievement positions AMD in the top 8% of companies who disclosed to the full CDP climate questionnaire in the last reporting year.
HanesBrands Recognized for Sustainability Leadership, Earning A- Scores in Both Climate Change and Water Security From CDP. The A- score for water security is the highest HBI has received from CDP in that category. For more details about CDP and its scoring methodology, visit www.cdp.net. Thu, 01/12/2023 - 10:00. Press Release.
To reach net-zero global operational GHG emissions for Scopes 1, 2 and 3 by 2040. RF360), which included three manufacturing facilities, we saw an increase in water withdrawals for the Company. RF360), which included three manufacturing facilities, we saw an increase in water withdrawals for the Company.
NetZero by 2040 SEE has committed to achieving net-zero carbon dioxide emissions by 2040 across its operations (Scopes 1 and 2). Since the development of our net-zero road map in 2021, SEE has initiated five sustainability workstreams with clear objectives that are designed to achieve our ambitious commitment.
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. Over the last two years, HP has brought in top-tier environmental groups such as the CDP and World Wildlife Fund (WWF) to host virtual workshops for those 30 suppliers.
Signals of change in the netzero transition this week show businesses advocating for strong climate policy in the finance, transport and land sectors. Energy In South Africa, wind turbine manufacturer Vestas has won a 370 MW order for three new wind farms.
Signals of change in the netzero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. CLG UK has shared a new policy brief setting out seven key areas the country must prioritize in the netzero transition.
Henkel will cooperate with “Manufacture 2030”, a partner in the field of carbon reduction, to address its raw material and packaging suppliers as well as contract manufacturers and suppliers of traded goods worldwide, where a total of more than 90 percent of Henkel’s Scope 3 upstream emissions occur.
C-Aligned Climate Transition Plans Jumps 44% in a Year: CDP C-aligned climate transition plans; BNP Paribas AM requires portfolio companies to integrate climate component into executive compensation, and more.
With ESG gaining more attention and more companies committing to reaching net-zero emissions in the coming decades or otherwise pledging to do better by people and the planet, it’s inevitable that the next generation of professionals in the field will define the future of sustainable finance. Associate, Corporate Engagement at CDP.
Invested in the business to find efficiencies and meet increased consumer demand through our new cat litter manufacturing facility in Martinsburg, West Virginia. Achieving a 78% response rate from priority suppliers for the 2022 CDP Supply Chain questionnaire, which improves visibility into their carbon footprint and reduction targets.
Signals of change in the netzero transition this week include the passing of key climate legislation in Australia and the EU. NetZero Economy EU legislators reached an agreement on new climate legislation this week to double the share of renewables in the bloc’s electricity mix by 2030.
And we’ve announced targets to achieve netzero emissions across our operations and value chain by 2045 and 100% renewable electricity across all Teva sites by 2035. Teva was one of the first two companies to receive the new BSI certification program for responsible manufacturing of antibiotics.
Taiwan-based electronics manufacturing giant Hon Hai Technology Group, known internationally as Foxconn, announced a new pledge to run its worldwide operations on 100% renewable electricity by 2040. Foxconn also announced in 2020 a goal to achieve netzero emissions by 2050.
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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. How do we end up at net-zero? Photo courtesy of PepsiCo. Did that experience influence the final shape of the climate goals?
Join thousands of companies seizing the opportunities of climate action for a netzero, 1.5°C-aligned To ensure we halve global emissions by 2030, companies need to set science-based targets , following the NetZero Corporate Standard , including five to ten-year targets for deep, rapid emissions cuts across their value chains.
L’Oreal made the announcement during the Climate Week NYC that its 25 facilities including manufacturing, distribution, administrative and research, and innovation sites across 12 states in the US are now carbon neutral. The firm built a 1.4MW solar facility at its Florence Haircare manufacturing facility by installing 4,140 solar panels.
The latest netzero signals of change include a solar boost for South Africa’s grid and a successful energy efficiency trial for UK companies. 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 netzero goal.
The City of Toronto also has an expansive net-zero plan, dubbed TransformTO , as well as one of North America’s few municipal policies (the Toronto Green Standard) designed to push builders to drive energy efficiency beyond the low bar in the Ontario Building Code.
NetZero Economy As the G7 Summit begins in Japan, a report out this week shows that the wider G20 group has avoided backsliding on climate despite the rush to boost energy security following Russia’s invasion of Ukraine last year.
Signals of change in the netzero transition this week include a call for G7 countries to phase out fossil fuels, and multinationals’ investing in nature. NetZero Economy G7 Energy and Environment ministers meet in Sapporo, Japan this weekend ahead of next month’s Leaders’ Summit.
It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. About Gildan Gildan is a leading manufacturer of everyday basic apparel.
Trane Technologies’ latest Environmental, Social and Governance (ESG) Report, Accelerating Action for Impact , highlights the company’s relentless investment in sustainable innovation, its uplifting, engaging culture and substantial progress toward its externally validated 2030 Sustainability Commitments and 2050 net-zero goals.
Kenvue’s climate change goals and commitments are part of the Healthy Planet pillar of its Healthy Lives Mission strategy and focus on advancing sustainability across the Company’s operations — from product and packaging design to material sourcing, manufacturing and transportation.
Currently, more than 40% of the world’s largest publicly traded companies have made net-zero commitments as of the end of 2022, up from 20% in December 2020 5. However, only 50% of companies with net-zero targets were found to have a GHG emissions reduction plan that includes intermediate targets 6.
July 11, 2023 /3BL/ - Griffith Foods is proud to announce its near-term science-based emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF)! ALSIP, Ill.,
Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s netzero Signals of Change. NetZero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7
Once completed, the wind farm will significantly support Taiwan’s fast-track build-out of renewables and provide the green energy much needed by export industries and by Taiwan to achieve its net-zero goal.
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 is also increasingly being referred to as a net-zero balance for a company’s business activities. We are striving to become a climateneutral company.
September 28, 2022 /3BL Media/ - Masonite International Corporation (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors, today announced a €5M investment in the Circular Innovation Fund L.P. (“CIF”), SOURCE: Masonite. DESCRIPTION: TAMPA, Fla.,
The list includes the company's first virtual power purchase agreement for 22 megawatts, a move made in pursuit of its 2020 net-zero carbon emission goal. We're getting recognized by CDP or MSCI or ISS for that, which we find very gratifying. We hit netzero early. Mahon: I don't think they changed.
The NetZero on Campus initiative aims to facilitate the sharing of lessons and resources to accelerate the decarbonization of college and university campuses around the world. manufacturers in both HICs and LMICs) to understand and engage in sustainability action before updating our procurement policies. Manufacturers (i.e.
The EU taxonomy covers activities that contribute up to 80% of European greenhouse gases: electricity, transport, forestry, building, information and communication technologies, and manufacturing. NetZero Standard Financial Sector. Agricultural activities are currently in development. Coverage of all activities.
The list includes the company's first virtual power purchase agreement for 22 megawatts, a move made in pursuit of its 2020 net-zero carbon emission goal. We're getting recognized by CDP or MSCI or ISS for that, which we find very gratifying. Obviously, one of the toughest areas and processes to decarbonize is manufacturing.
For example, CDP reports that “despite many challenges in 2020” companies disclosing on TCFD -aligned reporting reached a global high — and that included more than 3,000 companies in 21 Asia Pacific Region (“APAC”) countries responding to CDP for the first time…and that now account for almost a third of CDP’s global corporate responses.
In 2020, more than 9,600 companies disclosed their environmental impacts through the non-profit CDP platform. It represents a growth of 14% from last year and sets a record on the number of CDP environmental disclosures. Sustainable business trend 4 – Net-zero emissions companies. ” Mahatma Gandhi.
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. . Nnoli-Edozien last served as the inaugural Group Chief Sustainability and Governance Officer at Dangote Industries , a large African manufacturing business.
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