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DÜSSELDORF, Germany, November 4, 2024 /3BL/ - In line with its ambitions for sustainability within its agenda for purposeful growth, Henkel has defined a net-zero roadmap, substantially extending its targets for emissions reduction along the value chain. We all have to take responsibility and help limit global warming to 1.5°C,
Reaching net-zero as we grow remains vital. The company aims to achieve net-zero emissions by 2050, in line with the Paris Agreement, largely by helping its customers switch to electric vehicles. Go-Ahead Group Ltd Net-zero-aligned transporter Go-Ahead is a U.K.-based
UK-based Climate solutions-focused platform Ecologi announced the acquisition of carbon measurement and reduction platform NetZero Now. NetZero Now, founded in 2021, provides a platform that enables businesses to follow a sector-specific path to carbon netzero using tools to calculate, reduce and compensate for their GHG emissions.
This is also reflected in our net-zero roadmap aimed at reducing our greenhouse gas emissions by 90 percent by 2045. Henkel also set Net-Zero targets last year, which cover a larger part of the value chain than its climate targets before. It collects emissions data and defines specific measures to reduce emissions.
Established in 2021, Spain-based H2SITE provides solutions to the hydrogen transport problem by converting hydrogen carriers with well-known supplychains and separating hydrogen gas blends into fuel cell purity hydrogen, offering reactors and separators for the conversion of different feedstocks into hydrogen.
Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to netzero and regain its status as a global leader. When Glasgow hosted COP26 in 2021, bringing together 120 world leaders and more than 40,000 participants, the UK was seen as a world leader in the battle against climate change.
By 2040, the company has pledged to reach net-zero emissions in its operations, which will expand in an effort to help the city reach its own net-zero goals. before 2050, and 75% of the citys net-zero strategy relies on these investments. In 2023, EDC provided a record $12.2
Adopted in 2021 and coming into effect for the 2024 financial year, the CSRD is the regulatory framework requiring firms to file social and environmental data and impact reports. Supplychain audits will be required once every five years rather than annually. Here are the main rollbacks proposed in the initial package.
The standard setter emphasises internal decarbonisation, action-based targets as part of revamped netzero standard for corporates. Wyburd said that while carbon credits and removals can support the path to netzero, they must never be a substitute for internal decarbonisation.
The concept of green corridors was established in November 2021 as a critical way to scale new sustainable fuels and technologies. In particular, they are central to delivering the goal of having zero-emission fuels account for 5% of all fuels by 2030.
A new strategic partnership between SSE Energy Solutions and Scottish Water Horizons aims to develop low-carbon district heat networks across Scotland, accelerating the country’s journey toward netzero. Heat networks are projected to meet up to 20% of the UK’s heat demand by 2050, according to recent government figures.
Climate solutions-focused investment business Just Climate announced that it has raised $175 million for its Natural Climate Solutions strategy, aimed at directing capital to businesses focused on natural climate solutions to transform land use to achieve global net-zero and nature positive goals, while also delivering attractive returns.
At the banks shareholder meeting last week, HSBC reconfirmed its goal to achieve netzero by 2050, after shareholders raised concerns by the banks recent changes. Alongside the restructuring, HSBC has also adjusted the focus of its climate and sustainability-related initiatives and targets.
Recent high-profile exits from industry groups like the NetZero Asset Managers and NetZero Banking Alliance illustrate the effects of these growing legal and reputational risks. The tension between ESG goals and antitrust scrutiny is not theoretical – it is already being played out across various industries.
HSBC announced that it has decided to withdraw from the Net-Zero Banking Alliance (NZBA), following its North American peers to become the first major UK bank to exit the UN-backed coalition dedicated to advancing global netzero goals through their financing activities. HSBC joined the NZBA as a founding member in 2021.
is forging ahead with plans to increase diversity and become net-zero across its value chain by 2050. The company exited fossil fuels in 2021 after selling its last natural gas power plant in France. At a time when sustainability efforts are under attack, renewable-energy company Boralex Inc.
During her tenure in 2005-2021, Angela Merkel had cultivated a “special relationship” with Beijing, emphasising pragmatic cooperation and regular institutionalised dialogues. Olaf Scholz largely continued along this path in 2021-2025 while cautiously integrating “de-risking” into German policy. Infrastructure 11. Climate 16.
The work of the TCFD paved the way, in 2021, for the launch of the Net-Zero Banking Alliance (NZBA), an international cohort of banks committed to transitioning their financed emissions. The banks say they have not abandoned their net-zero commitments, and certainly all the economic drivers and hazards still apply.
Etsy takes aim at shipping and packaging in setting 2030 net-zero goal. Tue, 03/16/2021 - 05:00. The ambition is part of the company's net-zero carbon emissions by 2030 goal, which it set in February. . “I I know many companies have different definitions of net-zero. Deonna Anderson.
Inside Salesforce’s bold play for supply-chain leadership. Mon, 05/03/2021 - 02:11. Walmart’s Project Gigaton , for example, aims to cut 1 billion tons of greenhouse gases from its global value chain by the end of this decade. Other companies have created similar, if less ambitious, supply-chain initiatives.
Unilever sets out net-zero plans for shareholder vote. Thu, 03/25/2021 - 00:30. Unilever has become one of the first multinational companies in the world to publish a corporate net-zero action plan for oversight by its shareholders, as it prepares to put the climate strategy to an advisory vote at its upcoming AGM in early May.
Episode 268: Doing the math on netzero; taking food waste off the menu. Fri, 05/14/2021 - 02:00. Is "netzero" much ado about nothing? Infrastructure, green finance and netzero. The link between netzero and supplychain innovation. Doing the math on netzero (21:30).
Electrification could squeeze CO2 out of industrial supplychains. Wed, 06/09/2021 - 00:10. In a net-zero carbon world, the low-carbon solution wins. With this in mind, the remaining years of this decade will be defined by tackling value chain emissions. Jean Haggerty. Missed VERGE Electrify?
With one of the largest supplychains in the IT industry, reducing upstream emissions benefits the value chain and the planet. In 2021, HP announced a range of ambitious climate action targets , including a commitment to be netzero by 2040 — a full decade ahead of the Paris Agreement. SOURCE: HP Inc.
Leaders from two transformative initiatives explain how new supply-chain tracking systems will impact strategies to reduce emissions. Learn more about the event here: [link]
DESCRIPTION: Covid-19 has instigated significant changes in global procurement and supplychain operations. The global lockdowns exposed supplychain weaknesses, which were pervasive even before the pandemic, especially sub-par labor practices. Understanding supplychain complexity.
On the Road to Net-Zero? Date/Time: May 18, 2021 (1-2PM ET / 10-11AM PT). For companies on a journey to net-zero, examining the carbon footprint of buildings is a relatively easy first step. You will learn: How buildings and material supplychains can contribute to achieving net-zero.
In November 2021, we were proud to publicly announce our goal to achieve net-zero global emissions across our value chain by 2040, joining more than 2,000 businesses around the world committed to the Science Based Targets initiative (SBTi). What does it mean to achieve net-zero? Why 2040 vs 2050?
billion square feet of managed property, CBRE has an outsized opportunity to help reduce greenhouse gas emissions through our own operations, services for our investor and occupier clients, and our entire value chain. . In 2021, we ordered 300 EV vans and 10 EV trucks, representing replacement of over 10% of CBRE vans in the U.S. .
confectionary, food and pet care giant Mars claims to have eliminated deforestation from its palm oil supplychain after shrinking the number of mills it works with from 1,500 to a few hundred, it announced this week. Business as usual will not drive the transformational change that's needed," Reid said.
In 2021, 64% of our production waste was recovered. . In 2021, 81% of our total packaging and 73% of our plastic packaging were recyclable. . initiative in 2021, which uses a digital watermark to improve sorting and increase the recycling rate of plastic packaging in the EU. Learn more about Essity's Journey to NetZero here.
Amazon's plans to decarbonize its shipping supplychain isn't just focused on electrifying its delivery vans. Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. Amazon to buy bio jet fuel to lower air cargo emissions.
More than 4,500 suppliers globally are engaged in Project Gigaton™ and as of 2021, those suppliers report having reduced or avoided a cumulative 574 million metric tons of carbon emissions since 2017 by adopting various sustainability strategies. . In 2021, the group's revenue was DKK 77.7 billion (EUR 10.4 About Schneider Electric .
Wed, 01/27/2021 - 02:00. More specifically, Amazon's air shipping business, which along with its entire global logistics supplychain juggernaut is booming. . With more supply deals and investments in new players, we'll see if the logistics world leader can green up one of the hardest-to-abate sectors: aviation. .
DESCRIPTION: Supplychain decarbonization is critical to achieving Yum China’s stated netzero ambitions, including reaching netzero value chain emissions by 2050. This is particularly important for Yum China as over two-thirds of its value chain GHG emissions come from purchased goods.
DESCRIPTION: Nicole Murphy, Head of Pharmaceutical Operations & Technology, explains that most of a company’s environmental impact comes from its supplychain. Learn more in Biogen's 2021 Year in Review.
Thu, 04/22/2021 - 00:12. Amazon also has committed $100 million to support sustainable forest, wildlife and nature projects in its quest to reach net-zero carbon status by 2040. Apple creates $200 million fund for nature-based climate solutions. Jesse Klein.
Date/Time: January 21, 2021 (1-2PM ET / 10-11AM PT). With a steady parade of corporate carbon net-zero pledges released in 2020 and even more coming in 2021, there is an enormous demand for forest carbon credits. Thu, 01/21/2021 - 10:00. - Thu, 01/21/2021 - 11:00. taylor flores. GreenBiz Group.
Launched in 2021 with Citi and BofA as founding members the Net-Zero Banking Alliance is a coalition of more than 140 banks spanning 44 countries. Bank of Americas netzero finance goal also dates to early 2021 , and the bank has also set a series of financed emissions reduction targets for key sectors.
With more than one quarter of the global economy committed to achieving net-zero emissions over the coming decades, it follows that the shipping sector will be under increased pressure from governments and private players to clean up its act. As the U.K.
“Reflecting on the past 10 years, we learned that solely focusing on individual supplychains and relying on certification will not drive the full-sector transformation needed to end deforestation,” FPC’s 2021 report noted. A lack of meaningful progress hasn’t created a great deal of trust amongst our valued stakeholders.
The Energize program aims to address the current and future challenges of climate change and its impact on human health by supporting decarbonization across the global industry supplychain. To date, the program (established in 2021) has provided education and support on renewable electricity procurement to over 750 suppliers.
DESCRIPTION: Decarbonising renewable energy supplychains is a challenge no company can solve by itself. We caught up with Van Oord, one of our strategic suppliers, to get their perspectives on supplychain decarbonisation. In 2021, the group's revenue was DKK 77.7 Read more at: [link]. billion (EUR 10.4
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