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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. . Kara Hurst, Head of Worldwide Sustainability, Amazon.
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 climate change risks," said Audrey Choi, Morgan Stanley's chiefsustainabilityofficer and CEO of the Morgan Stanley Institute for Sustainable Investing.
That’s why I was pleased to read Carola Wijdoogen’s new book, " 7 Roles to Create Sustainable Success: A Practical Guide for Sustainability and CSR Professionals ," which launches Oct. That’s where Wijdoogen’s book comes in.
Below, Angela Baker, Qualcomm’s ChiefSustainabilityOfficer, discusses our commitment to reach net-zero GHG emissions by 2040, why the Company has made this a priority, and the roadmap to achieve our goals. What does it mean to achieve net-zero? Why 2040 vs 2050? Why set interim goals?
year planning process, aren’t officially science-based targets but they are "more aggressive" than the 2 degrees Celsius reduction scenarios suggested by the ParisAgreement, according to ADM’s chiefsustainabilityofficer, Alison Taylor. The new commitments , the culmination of a 1.5-year
C trajectory of the ParisAgreement. We will continue to drive innovation in our products and our processes, empowering customers to reach their sustainability goals, and working together to contribute to a low-carbon economy.”
said Angela Baker, ChiefSustainabilityOfficer, Qualcomm Incorporated. Achieving the transformational targets in the ParisAgreement and UN Sustainable Development Goals in this decisive decade requires all companies to truly embed ESG issues into the core of their business,” said Dave Armon, CEO of 3BL Media.
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.
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.”.
“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.
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. This directly speaks to the commitment of our 19,000 employees in support of our mission to build a sustainable future through material innovation.”
We also engaged EY to confirm that our targets for Aluminium, Automotive Manufacturers, Cement, Commercial Real Estate, Oil and Gas, Power, Shipping, Steel and Coal, meet the long-term temperature goal of the ParisAgreement, and are mathematically accurate in reference to third-party scientific scenarios.
C trajectory of the ParisAgreement. Gayle Schueller, Senior Vice President and ChiefSustainabilityOfficer at 3M, said: “3M has a long history of reducing its greenhouse gas emissions.
DESCRIPTION: By James McCall, ChiefSustainabilityOfficer. In 2021, HP announced a range of ambitious climate action targets , including a commitment to be net zero by 2040 — a full decade ahead of the ParisAgreement. SOURCE: HP Inc.
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.
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. In this special edition, we focus on Baker Hughes' participation in COP29 Azerbaijan in Baku. What is COP? What does this mean for the energy industry?
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.
The launch of the plan follows HSBC’s initial 2050 net zero target , set by the bank in 2020, which included a commitment to align its financing activities with the goals of the ParisAgreement, with the carbon emissions of clients and projects financed by HSBC reduced to net zero by 2050 or sooner.
With the new standard, we aim to accelerate change and enable large-scale adoption and impact, and rise to the challenge that the UN ParisAgreement calls for. “We are thankful to be working with leading companies to craft these clear and rigorous pathways to achieve meaningful climate action.
We rely on healthy agriculture systems to support sustainable crop yields and livestock productivity,” said Yum! ChiefSustainabilityOfficer Jon Hixson. “If Brands aims to be part of the solution and is working with suppliers to cut greenhouse gas (GHG) emissions. “We It’s all connected.
We are thrilled to support Ben Blankenship as he uses his platform to foster a culture of sustainability by recognising him with the Climate Action x Athlete Advocacy Award,” said P&G’s ChiefSustainabilityOfficer Virginie Helias.
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 ParisAgreement climate targets.
Probodha Acharya, chiefsustainabilityofficer at JSW Group, discussed how the company’s cement – with a carbon intensity of 300kg CO2 per tonne – makes it the lowest carbon cement company in the world. Business is getting on with the job of cutting emissions.
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) . ParisAgreement. Heather Clancy. Fri, 12/11/2020 - 00:10. Week in Review. Contributors.
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. . We’re looking forward to road testing this work.”
Almost all major listed companies, even those in the energy or mining sectors, have established CSR or sustainability departments, appointed chiefsustainabilityofficers, or have a CSR committee on their boards. Many other pressures are also driving sustainable finance.
COP26 reached consensus on how to implement Article 6 of the ParisAgreement, but there are still many steps before national emissions trading schemes can work together to establish a global price level for carbon pollution. A carbon price is key,” he said.
To support companies in their investments in nature, We Mean Business Coalition launched a new partnership with the Voluntary Carbon Markets Integrity initiative (VCMI) , supporting companies to follow VCMI’s Claims Code and helping to ensure carbon market investments strengthen global action towards achieving the goals of the ParisAgreement.
The rapid growth of artificial intelligence (AI) over the past few years has created challenges for Microsoft in achieving its moonshot sustainability goals, including its target to become carbon negative by 2030, with the companys ChiefSustainabilityOfficer Melanie Nakagawa acknowledging that the moon has gotten further away.
The new initiative follows the launch by PepsiCo in 2021 of its wide-ranging sustainability agenda, pep+ , which includes “Positive Agriculture” as one of its three key pillars, with a goal to spread regenerative practices across the company’s 7 million acre agricultural footprint.
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 .
The consumer products giant said it would be exiting any associations unwilling to become “catalysts for positive policy change,” as chiefsustainabilityofficer Rebecca Marmot put it. But according to a recent report by U.K.-based based think tank InfluenceMap, corporate Canada is holding its tongue.
65 of the Global 100 companies have signed up to the Science Based Targets initiative, aligning their emissions reductions with the requirements of the ParisAgreement, up from 60 in 2021. . Esther An, ChiefSustainabilityOfficer, City Developments Limited. Jean-Pascal Tricoire, CEO, Schneider Electric SE.
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
Lynette Chung, chiefsustainabilityofficer, Covestro. Werner Bosmans, policy officer – circular economy, European Commission. Lynette Chung, chiefsustainabilityofficer, said the business was trying to use carbon as efficiently as possible and keep it in product loops rather than it being emitted.
By Kathleen McLaughlin, Executive Vice President and ChiefSustainabilityOfficer, Walmart Inc.; And by aiming for a gigaton by 2030, we set a bold ambition in line with the ParisAgreement, based on the broad estimates of Scope 3 emissions when we set the goal. President, Walmart Foundation. SOURCE: Walmart.
resulted in advances, such as the agreement between Congo, Indonesia and Brazil, and several bilateral talks between governments outside the circle of richest countries,” said?Jose Jose Pugas, Head of Responsible Investments and Engagement at JGP Asset Management. . C is to remain achievable. .
But local authorities need new funding and new resources to deliver Net Zero by 2050, with many wanting to go further, faster. Leadership is the key to enable effective collaboration and break down barriers to a zero carbon economy.”.
But when Figueres, the renowned Costa Rican diplomat and one of the key orchestrators of the ParisAgreement herself, came on board, via her own organization Global Optimism (“a group of stubborn climate optimists”) — we all sat up to listen. Beating the ParisAgreement’ is a huge statement to make.
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) ?
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