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Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

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Nasdaq's Net-Zero Target Approved by The Science Based Targets Initiative

3BL Media

SBTi has also validated Nasdaq’s pledge to reduce Scope 3 GHG emissions 95% to reach net-zero by 2050. Nasdaq has increased its renewable energy use across its operations to 100%, up from 82% in 2020. KEYWORDS: NASDAQ, net-zero, SBTi. Near-term: 2030 Targets. Nasdaq’s ESG Journey.

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Net Zero Asset Managers Initiative Hits $66 Trillion AUM

ESG Today

More than 290 asset managers, representing over $66 trillion in assets under management have joined the Net Zero Asset Managers (NZAM) initiative, committing to transition their investment portfolios over time to be in line with achieving net zero greenhouse gas (GHG) emissions by 2050, according to a new update report released by the group.

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From the SEE Impact Report: Mitigating Climate Change

3BL Media

Net Zero by 2040 SEE has committed to achieving net-zero carbon dioxide emissions by 2040 across its operations (Scopes 1 and 2). Since the development of our net-zero road map in 2021, SEE has initiated five sustainability workstreams with clear objectives that are designed to achieve our ambitious commitment.

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Southern Company Continues To Receive High Marks for Environmental Transparency

3BL Media

For the third consecutive year, Southern Company earned a score of A- for its 2022 CDP Climate Change Disclosure , demonstrating leadership for the North American region and thermal power generation sector. CDP, a global nonprofit, manages an environmental disclosure system for companies and municipalities.

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Finance Sector Net Zero Plans Must Respect Planetary Limits – SBTi

Chris Hall

The Science-Based Targets Initiative (SBTi) has set out four guiding principles for financial institutions (FIs) to follow to ensure their net zero strategies are consistent with action required to meet “planetary level” emissions targets, in keeping with wider sustainability and societal climate goals. C above pre-industrial levels.

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Net zero transition – the latest signals of change: March 10, 2023

We Mean Business Coalition

Signals of change in the net zero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. CLG UK has shared a new policy brief setting out seven key areas the country must prioritize in the net zero transition.