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Climate research provider and environmental disclosure platform CDP announced the launch of the ability for companies to report on plastic-related impacts, following demand from investors for more information on companies’ plastic-related risk and exposure.
But 40% of the reductions came from divesting, or selling off, dirty assets, which from the atmosphere’s perspective is akin to rearranging deck chairs on the Titanic. 17 Republic Services Inc Waste 13,862,083 2,200,930 -0.14 For instance, 87% of oil giant BP’s 36.5-million-tonne dollars) through 2030. Divestments (47%). Others (17%).
Last month, environmental disclosure platform CDP announced the launch of the ability for companies to report on plastic-related impacts, citing a request from more than 740 investors with US$136 trillion in assets for the disclosure. Many jurisdictions have also recently introduced laws banning the use of single-use plastics.
The evolving climate drives physical risks—damaged or strandedassets and business-interruption costs from severe weather events. Waste-management companies Clean Harbors and Republic Services may generate a lot of carbon today, but their entire business models center on cleaning the environment.
Further, it emphasised the importance of championing the sustainable design of products and materials in order to facilitate their recycling or reuse, and to minimise waste. Risk of strandedassets Many major asset owners and managers have vociferously supported the treaty. “The
CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. Understanding emission sources in your portfolio For some organisations, scope 3 emissions may be easy to calculate, understand and reduce, such as those deriving from business flights and waste.
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