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DESCRIPTION: Sets interim targets of 1 GW solar by 2025 and netzero for operations by 2030. SAN FRANCISCO, June 22, 2022 /3BL Media/ - Prologis (NYSE: PLD), the global leader in logistics real estate, today announced its commitment to achieve netzero emissions across its value chain by 2040.
Signals of change in the netzero transition this week show businesses advocating for strong climate policy in the finance, transport and land sectors. Taiwanese mining company ISIS Inc – Japanese electrical equipment company Leipziger Logistik & Lagerhaus Südwest GmbH – German logistics company NAKAI HOLDINGS INC.
Canadian freight and logistics services provider Purolator announced today that it will invest approximately $1 billion over the next seven years to electrify its network, with plans including purchasing more than 3,500 fully electric last-mile delivery vehicles, and electrifying more than 60 terminals.
In addition to the financing, suppliers in the program will also receive technical support from sustainability consultant, Guidehouse, to embark on factory upgrades to decrease their climate impact. For us, sustainabilityinvestments are not only a responsible approach but a strategic necessity for future success.”
This led the Columbia Center on SustainableInvestment and the Payne Institute for Public Policy to help form the Coalition on Materials Emissions Transparency – a partnership that enables the sharing of research between institutions as they advance carbon accounting discussions. [1]. Footnotes. [1]
Last year, Cisco set its “moonshot” goal: To reach netzero emissions by 2040. To achieve this, we need to accelerate our product and solution roadmaps across the company to help our customers achieve their sustainability goals. This is why we formed a new office within the engineering organization a few months back.
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including Octopus Energy, Nest, GLIL Infrastructure, CPP Investments, AimCo, Railpen, ICG, Algebris Investments, JOHCM and Greenfinch. .
The High Seas Treaty provides the certainty needed for greater sustainableinvestment into the ocean, says Karen Sack, Executive Director at the Ocean Risk and Resilience Action Alliance (ORRAA). They are also cost-effective investments that will help meet the Paris Agreement and Global Biodiversity Framework targets.
After all, the rising profile of social factors has been driven partly the development of the sustainableinvestment regulations and frameworks aimed primarily at addressing the climate crisis. For this reason, among others, questions about the status of social factors within ESG investing abound. Approximately 6.3
The climate crisis, and the necessary transition to a net-zero economy, exacerbate the risks to people across the value chain, whether in the form of lost livelihoods from extreme weather events and rising temperatures, or loss of employment from a rapid shift away from carbon-intensive practices.
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