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Reaching the 2015 ParisAgreement goals requires bold action from all sectors and levels of our society. But any chiefsustainabilityofficer will fall short of their responsibility if they simply cite net-zero as a strategic goal. To achieve net-zero, let’s agree on one definition of success. Peter Boyd.
Join us for a conversation about the power of companies (big and small) coming together to tackle the climate crisis, and hear why Global Optimism and Amazon co-founded The Climate Pledge—a bold commitment to become net zero carbon by 2040—10 years ahead of the ParisAgreement. . Amazon's Climate Pledge.
Tech giant Microsoft announced today the appointment of former Biden administration climate and energy specialist Melanie Nakagawa as ChiefSustainabilityOfficer. return to the ParisAgreement , and on energy issues including the international energy response to the war in Ukraine.
"We are excited to join PCAF and to support the important work they are leading to build a methodology for global banks' efforts to track and measure climatechange risks," said Audrey Choi, Morgan Stanley's chiefsustainabilityofficer and CEO of the Morgan Stanley Institute for Sustainable Investing.
DESCRIPTION: At Qualcomm, we believe we can help address the environmental, social, and economic impacts of climatechange by working together across all sectors of society. SOURCE: Qualcomm. What does it mean to achieve net-zero? Why 2040 vs 2050? Why set interim goals? Why commit to Science Based Targets initiative (SBTi)?
It's not necessarily that the game of musical chairs has intensified in the C-suite, but you'll note major executive moves at big apparel, food, energy, finance and technology corporations, some of which have enlisted a chiefsustainabilityofficer (CSO) or equivalent for the first time. Who's news. Advocating. The former U.K.
said Angela Baker, ChiefSustainabilityOfficer, Qualcomm Incorporated. The 100 Best Corporate Citizens ranking is based on 155 ESG factors in eight pillars: climatechange, employee relations, environment, finance, governance, human rights, stakeholders and society, and ESG performance.
"At International Paper being a good corporate citizen is fundamental to who we are," said Sophie Beckham, ChiefSustainabilityOfficer, International Paper. This recognition reaffirms our commitment to our Vision 2030 goals and our vision to be among the most successful, sustainable and responsible companies in the world.”.
In recent years, some of the group’s largest members – including Microsoft, Ford, Meta, even Shell – have publicly challenged the trade organization’s advocacy around climatechange. As Dylan Tanner, the founder of InfluenceMap, puts it, climatechange is ultimately a function of physics and chemistry.
“This important recognition underscores the accomplishments we’ve made under our People, Communities, Planet corporate responsibility pillars and our commitment to delivering transparency in our operations,” said Katarina Tesarova, senior vice president and chiefsustainabilityofficer at Sands.
COP, which stands for Conference of Parties, is the series of formal meetings, where governments assess global efforts to advance the ParisAgreement and the Convention. At COP, world leaders come together to measure progress and negotiate the best ways to address climatechange and limit global warming to 1.5°C.
In her new role, Constabile will drive Standard Chartered’s global sustainability strategy and will be responsible for managing key strategic initiatives for the Group, including overseeing net zero target setting, delivery of the bank’s commitments across scope 1, 2, and 3, and its ESG reporting and disclosures.
“This achievement is particularly meaningful as it reinforces the importance of our work and how we do it,” said David Rabuano, senior vice president and chiefsustainabilityofficer. Data and information used in the 2023 edition of the 100 Best Corporate Citizens ranking were collected from July 2022 to July 2023.
Originally published on bloomberg.com As the focus on climatechange intensifies, companies are increasing their public commitments to minimize risks and maximize opportunities that result from it. While climatechange remains a significant issue globally, Bloomberg’s commitment to sustainability is not restricted to just one topic.
Lorenzo Saa, ChiefSustainabilityOfficer of Clarity AI, considers the possibilities when the power of long-term capital meets the power of technology. AI is already revolutionising how we live, work, and play, and its set to radically transform global progress on sustainability.
The effects of climatechange can have a major impact on the global food system. We rely on healthy agriculture systems to support sustainable crop yields and livestock productivity,” said Yum! ChiefSustainabilityOfficer Jon Hixson. That’s why Yum! In order to reach these goals, Yum!
The Climate Action x Athlete Advocacy Award , supported by P&G , aims to reward the efforts of athletes who actively engage people and communities in the fight against climatechange. Launched in November 2022, the IOC Climate Action Awards aim to highlight how sport can play an important role in tackling the climate crisis.
In mid-January, PepsiCo joined that club with a strategy to reduce its greenhouse gas emissions by 40 percent across its entire value chain by 2030 and to reach the elusive net-zero emissions status 10 years before it’s called for by the ParisAgreement. I've got history in sustainability, but I'm a business guy.
Longship was unveiled in September 2020, with the government describing carbon capture and storage as a prerequisite for reducing global greenhouse gas emissions in line with the ParisAgreementclimate targets.
Historic progress was made with countries agreeing to channel financial support to vulnerable communities that are already suffering devastating impacts from climatechange. The deal struck in Sharm El Sheikh provided little towards changing that trend. Business is getting on with the job of cutting emissions.
The partnership between CPP investments and CI is a prototype for investors seeking opportunities presented by the whole economy transition to net zero,” said Deborah Orida, Global Head of Real Assets & ChiefSustainabilityOfficer at CPP. . Meeting expectations .
At the same time, carbon offsetting has come in for criticism for being a substitute for real climate action, distracting from the challenge of cutting emissions from business and industrial processes in line with the targets set out in the ParisAgreement to limit global warming. .
Episode 248: Mastercard CSO, parsing plastics policy, ParisAgreement at 5. Does 2020 mark a turning point for delivering on the ParisAgreement goals? Happy 5th anniversary, ParisAgreement (39:25) . Climatechange and healthcare (53:45) . ParisAgreement. Heather Clancy.
The transition to a low carbon economy has begun, but constant pressure will need to be applied to all stakeholders to drive financial capital towards projects and solutions supporting climatechange mitigation and adaption. Evidence to date suggests that governments, companies, asset managers and asset owners are not doing enough.
As they work towards their climate goals, companies must prioritize people – and the just transition has been a key theme at this COP. The Business Pavillion and the Marrakech Partnership hosted a series of half-day sessions to explore in detail how companies are delivering and what is needed to accelerate progress across different systems.
Not only did it set the tone for a wide range of adaptation initiatives throughout COP27, by focusing attention on the Global South it changed the narrative of climate diplomacy, helping to pave the way for the loss and damage fund , the proceeds of which will ultimately bolster physical defences against climatechange. .
And while there are instructive parallels with the catalytic impact of the ParisAgreement on identifying and mitigating climate risks by the private sector, there are also important differences. We can’t just preach to the converted around this table,” Esther An, ChiefSustainabilityOfficer, City Developments Limited. “We
At the time it seemed like an outlandish pledge that garnered little faith, including from former Executive Secretary of the UN Framework Convention on ClimateChange, Dame Christiana Figueres — who Bezos approached to work with, and who famously didn’t believe him at first. Beating the ParisAgreement’ is a huge statement to make.
An extended case study on UK100 and the Countryside Climate Network (CCN) is included – a network for UK locally-elected leaders who have pledged to play their part in the global effort to avoid the worst impacts of climatechange by switching to 100% clean energy by 2050.
report acknowledged that the ParisAgreement and the UN Sustainable Development Goals (SDGs) can only be achieved via collaboration between developed and emerging market stakeholders, across governments, investors, multilateral organisations and local communities. . In April, a Principles for Responsible Investment (PRI) ?
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.
This could be seen as chickens coming home to roost given the country has historically been one of the biggest contributors to climatechange. While a compromise was reached on this legislation, the rocky road to the IRA being passed has highlighted the risk of politics slowing down action against climatechange. .
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