article thumbnail

From the SEE Impact Report: Mitigating Climate Change

3BL Media

According to the Science Based Targets initiative’s (SBTi's) target validation team, which defines and promotes best practices in emissions reductions and net-zero targets in line with climate, SEE’s proposed reduction in Scopes 1 and 2 emissions is aligned with a rate of decarbonization consistent to keep global temperature increase to 1.5°C

article thumbnail

The zero-carbon business leader takes shape

Corporate Knights

Schneider Electric’s current targets include achieving carbon neutrality in its extended ecosystem by 2025 and setting net-zero operational emissions by 2030. The CDP also warns that organizations are facing up to US$120 billion in costs from environmental risks in their supply chains by 2025. Be selective with suppliers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deutsche Bank Publishes Net Zero Transition Plan for Operations, Supply Chain, Financed Emissions

ESG Today

Jörg Eigendorf, Chief Sustainability Officer, said: “Our Transition Plan sets out what clients and the public can expect from us as we scope out our role in decarbonizing the economy. The bank announced that by 2025 it expects 80% of its vendors by spend to submit greenhouse gas emissions to CDP.

article thumbnail

The biggest carbon losers

Corporate Knights

This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. of Shell’s investments were classified as sustainable (a far cry from the 50% by 2025 target it has set for itself). We eventually whittled the list down to?20 Whereas just 2.7%

article thumbnail

Expanding Environmental Commitments

3BL Media

Specifically, adding on to our existing 2025 greenhouse gas reduction goal, we set three new ambitious, long-term targets: To reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from 2020 base year. While we have set longer-term goals, we are continuing to make progress on our path to achieving our 2025 GHG reduction goal.

article thumbnail

Walmart, Ørsted, and Schneider Electric Announce First Cohort for Renewable Energy Supply Chain Program: Gigaton PPA

3BL Media

In its own operations, Walmart has set a goal to be powered 50% by renewable energy by 2025 and 100% by 2035. This effort aligns with Ørsted’s own net-zero by 2040 supply chain initiative - we understand firsthand that in the realm of decarbonization there are no competitors, only partners. In 2021, the group's revenue was DKK 77.7

article thumbnail

Mondel?z 2022 Snacking Made Right Report: Climate & Environment

3BL Media

See our TCFD index for references to our CDP response and portions of this report on how we address the eleven recommendations of TCFD. The identification of emerging climate risks is informed by external scans of megatrends, consultancy and industry reports, peer CDP disclosures, TCFD reports, annual reports and 10-Ks.

Net Zero 130