ESG Today

OCTOBER 24, 2023

Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supply chain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”

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ESG Today

AUGUST 30, 2023

Automotive supplier and mobility technology provider Magna International announced a series of new climate-focused commitments, including a new target to achieve net zero emissions by 2050, and 100% renewable electricity use globally by 2030.

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ESG Today

FEBRUARY 2, 2023

Investors targeting net zero portfolio emissions as part of the Net Zero Asset Owner Alliance (NZAOA) will no longer be able to utilize carbon removals as a method to reach their alliance-aligned goals, according to new rules released by the organization. We show that working towards net zero is possible.

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ESG Today

MARCH 11, 2024

The bank introduced criteria for activities to be eligible under the new category, including the activity being an eligible decarbonization activity and the client having a sufficiently robust transition plan. RBC set a goal in 2021 to mobilize $500 billion in sustainable finance by 2025. ”

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ESG Today

DECEMBER 19, 2022

C, and supporting the transition to a net zero economy by 2050. Along with the release of the climate strategy, ABN AMRO announced that it is joining the Net Zero Banking Alliance (NBZA). The post ABN AMRO to Align Lending, Investment Portfolios with Net Zero appeared first on ESG Today.

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Envirotec Magazine

NOVEMBER 9, 2023

Coal-fired power plant chimneys: In fast-growing economies, rapidly increasing energy demand is triggering investment in both low carbon and fossil fuel generation, leaving certain countries, including India and China, unlikely to reach net zero until much later. Progress across different sectors is varied.

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ESG Today

AUGUST 10, 2022

Energy provider Ørsted announced today a new requirement for all suppliers to transition to 100% renewable electricity use when providing products or services to the company by 2025, becoming the first energy company in the world to set such a target.

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ESG Today

MARCH 18, 2024

Deutsche Bank announced an update to its Long-Term Incentive plan for Management Board members, the most senior executives in the company, with a portion of compensation for the group linked for the first time to the decarbonization of the bank’s corporate loan portfolio, beginning in 2024.

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ESG Today

JULY 26, 2022

Global investment manager AllianceBernstein (AB) announced a new climate commitment to achieve net zero emissions, aiming to align its operations and a range of investment strategies with a 1.5 ° pathway by 2050. Our net zero strategy addresses both the corporate and investment levels.

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We Mean Business Coalition

MARCH 24, 2023

Signals of change in the net zero transition this week show businesses advocating for strong climate policy in the finance, transport and land sectors. The He Dreiht farm, one of the biggest planned in Europe, is expected to be operational by the end of 2025 and will generate electricity for 1.1 million households.

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ESG Today

AUGUST 23, 2022

Fragrance and taste company Firmenich announced a commitment to achieve net zero greenhouse gas (GHG) emissions across its value chain by 2039. Last year, the organization launched its Net Zero Standard , setting stringent criteria which it uses to assess and certify corporate commitments to achieve net zero emissions.

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ESG Today

MAY 29, 2023

Dubai’s Roads and Transport Authority (RTA) announced the launch of its Zero-Emissions Public Transportation in Dubai 2050, aimed at transitioning its operations to net zero by 2050, and with plans to minimize its carbon footprint across key areas including public transportation, buildings and related facilities, and waste management.

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Sustainable Development Network

SEPTEMBER 5, 2023

The Net Zero on Campus: From Principles to Action initiative, a collaborative effort between SDSN, the Climateworks Centre, and Monash University, aims to facilitate the sharing of lessons and resources to accelerate the decarbonization of university campuses around the world.

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3BL Media

DECEMBER 6, 2022

JetBlue’s most aggressive near-term emissions reduction target to-date, this science-based target aligns with the goals of the Paris Agreement and the growing airline’s own goal to reach net zero carbon emissions by 2040 – 10 years ahead of broader airline industry targets. Charting a path to net zero. Reducing Fuel Burn.

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ESG Today

NOVEMBER 29, 2022

International food retailer Ahold Delhaize unveiled a series of value chain decarbonization-focused initiatives and targets today, including asking suppliers to report on their emissions and to set science-based emissions reduction targets. The plan also identifies agriculture as the company’s biggest opportunity to reduce Scope 3 emissions.

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GreenBiz

JULY 8, 2020

Amazon's plans to decarbonize its shipping supply chain 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. Pull Quote.

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ESG Today

AUGUST 2, 2022

Global private capital investment firm The Carlyle Group announced today the launch of a decarbonization-linked financing program, enabling borrowers to access capital with terms tied to their performance on climate-related goals. The program is among the first of its kind in the US private credit market.

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3BL Media

MARCH 12, 2024

is to achieve its national 2050 net-zero emissions targets, the transport sector must reduce emissions by approximately 25% by 2030, even with anticipated growth in demand. According to the International Energy Agency, if the U.S. With more than 35 dealership locations across the U.S.

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We Mean Business Coalition

MARCH 10, 2023

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.

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3BL Media

JULY 10, 2023

Ultimately, I believe that our technology-agnostic approach to decarbonization will ensure that we have access to the lowest-cost solutions when they are economic at scale. NRG’s climate goals are to reduce GHG emissions by 50% by 2025 from the current 2014 base year and to achieve net zero by 2050.

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GreenBiz

OCTOBER 20, 2020

The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. degrees [of warming] we need to decarbonize by the mid-2030s. Cecilia Keating. To achieve 1.5

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3BL Media

JULY 5, 2022

Steps toward accomplishing each commitment are detailed across 2021, a year defined by reentry into workplaces and public spaces as the COVID-19 pandemic waned, evolving definitions of sustainability and its related benchmarks, and growing urgency to decarbonize our planet’s economies.

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ESG Today

SEPTEMBER 13, 2022

Jakob Stausholm, Rio Tinto’s Chief Executive, said: “We look forward to partnering with Volvo to progress our contribution to a net-zero future, as we collaborate to deliver sustainable outcomes from the mine to the showroom floor.”.

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ESG Today

APRIL 3, 2023

Holcim CEO Jan Jenisch said: “Holcim is accelerating its climate action with upgraded net zero targets and a clear commitment to invest CHF 2 billion in CCUS technologies by 2030. Holcim also revealed that it reduced its CO2 per net sales by 21% in 2022 and committed to reduce by over 10% in 2023, and that it recycled 6.8

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3BL Media

APRIL 19, 2024

This ambitious project comes as the company continues to successfully execute its global Grow and Impact strategy which commits to achieving net zero carbon emissions by 2050 and includes aggressive sustainability goals for reduction of energy and water use, landfill contributions, and increased use of recycled raw material.

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We Mean Business Coalition

MAY 12, 2023

The latest net zero signals of change include a solar boost for South Africa’s grid and a successful energy efficiency trial for UK companies. GFANZ confirmed that the chapter will launch in June, and will support local financial institutions to decarbonize their investments and help the country to meet its net zero goal.

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We Mean Business Coalition

NOVEMBER 11, 2022

Join thousands of companies seizing the opportunities of climate action for a net zero, 1.5°C-aligned As customers demand greener products and services, investors seek out the next big climate solution, and governments legislate to cut emissions, companies know they need to decarbonize, and fast.

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We Mean Business Coalition

MAY 19, 2023

Net Zero Economy As the G7 Summit begins in Japan, a report out this week shows that the wider G20 group has avoided backsliding on climate despite the rush to boost energy security following Russia’s invasion of Ukraine last year. France has put forward its own plan to support a decarbonized reindustrialization of the country.

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ESG Today

OCTOBER 7, 2022

Munich Re, one of Europe’s largest insurance companies, and the world’s biggest reinsurer, announced today that it will no longer provide insurance coverage or investment for new oil and gas projects, as part of a series of new guidelines supporting the company’s decarbonization goals.

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ESG Today

FEBRUARY 16, 2023

The remaining 25% of the ESG portion will be linked to AXA IM’s interim target to reduce its corporate operational CO2 footprint by 26% by 2025. Our adjusted deferred remuneration policy which falls within this objective is key to achieve our objectives and effect change, on the road to net zero and beyond.”

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3BL Media

APRIL 4, 2024

We also anticipate validation of our 2050 net-zero target by the Science Based Targets initiative in the coming weeks. Amid rapidly evolving regulations in this space, we’re wasting no time advancing our reporting practices and building a scope 3 supplier engagement program to promote decarbonization practices in our supply chain.

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3BL Media

MAY 31, 2022

In 2021, CBRE announced our commitment to achieve net-zero carbon emissions by 2040—10 years ahead of the goal set by the Paris Agreement. CBRE has committed to achieving 100% renewable electricity by the end of 2025. Advancing Net Zero. We have set ambitious targets for the next two decades. . Workplace Strategy.

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Corporate Knights

JANUARY 16, 2024

Mikkelsen also likes to say that Sims – the top-ranked firm on the Corporate Knights 2024 Global 100 list of the world’s most sustainable publicly traded corporations with more than $1 billion in revenue – is not a Johnny-come-lately to the circular economy in general and the business of decarbonizing steel in particular. “We

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ESG Today

NOVEMBER 16, 2022

Maersk said that it intends to purchase the full volume of green methanol produced, with options for the output of subsequent facilities at other locations, forming part of the company’s fleet decarbonization efforts. Berit Hinnemann, Head of Green Fuels Sourcing, A.P.

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Corporate Knights

JANUARY 26, 2022

Canada is making strides to address climate change, pledging ambitious commitments to accelerate a path towards a safe and prosperous net-zero future by 2050. But achieving a net-zero future requires every sector of the economy play a role, not just government. Be selective with suppliers.

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3BL Media

NOVEMBER 10, 2022

We’re building on our progress in reducing our end-to-end carbon footprint and working toward our long-term goal of net zero carbon emissions by 2050. Joining the Race to Net Zero. We've also joined the United Nations Race to Zero Campaign to help build momentum towards a decarbonized economy.

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ESG Today

MARCH 2, 2024

This week in ESG news: EU fails to pass environmental & human rights sustainability due diligence law; Singapore to introduce mandatory sustainability reporting; Deutsche Bank launched new sustainable finance framework; Senior execs say sustainability drives better revenues, profitability, IBM survey finds; IAG signs one of largest-ever sustainable (..)

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