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On the fifth anniversary of the TCFD, a call to action

GreenBiz

They recognized that without reliable climate-related financial information, assets could be mispriced and capital could be misallocated, meaning the global economy potentially could face a tumultuous transition to a low-carbon future. So, the TCFD was born. Out of 727 companies headquartered in the U.S.

CDP 285
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SAP’s Journey to Net Zero 2030

3BL Media

The continually improving standard enables companies to align their climate actions with limiting global warming to 1.5°C. In 2019, SAP raised its commitment and adopted a 1.5°C Only a fundamental transformation of our global economy will allow us to limit global warming to 1.5°C. 2030 is not far away.

Net Zero 147
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Tetra Pak Sustainability Report FY22: Acting for Nature

3BL Media

Nature underpins societal wellbeing by providing basic life support services and material goods such as soil, air, water, food, fuel, and fibre 1 , so the impacts of nature loss are wide-reaching and threaten the foundations of our global economies, livelihoods, and food systems 2,3. The aim is to include certification of up to 13.7

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State and regional governments lead on renewable electricity generation – new report

Envirotec Magazine

States and regions have, on average, reduced emissions by 14% as global emissions continue to rise. The Climate Group and CDP call for states and regions to set more ambitious emissions reduction targets for 2030 and beyond to limit global heating to 1.5°C By comparison, only 25% of global electricity is renewable.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 While the process is complex, the pay-offs are considerable. trillion USD in fossil fuels.

Net Zero 147
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What is the Science-Based Targets initiative (SBTi)?

Sphera

The SBTi is part of the World Resources Institute (WRI) Center for Sustainable Business and a collaboration of WRI, the Carbon Disclosure Project (CDP), the World Wildlife Fund (WWF) and the UN Global Compact. More than 70 countries , including the biggest polluters — have set a net-zero target, covering about 76% of global emissions.

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Sustainability trends 2023

Carlos Sanchez

Moreover, companies will use voluntary frameworks and surveys such as GRI, SASB, CDP, UNGC, and Ecovadis to answer requests from customers, investors and other stakeholders. Figure 3: Calculated impacts of company A for the fiscal year 2019 (own operations and upstream supply chain). Source VBA.