Corporate Knights

JANUARY 18, 2022

Some of the company’s emissions will be more challenging to tackle than others: it has committed to reducing its Scope 3 emissions (those beyond its direct energy use and operations) by 45% by 2030. We’re talking to them to explore how we can work together to accelerate the decarbonization of steel. Vestas CEO Henrik Andersen.

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3BL Media

APRIL 13, 2022

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. To reduce absolute Scope 3 GHG emissions by 25% by 2030 from 2020 base year. We’ve already begun implementing this strategy.

Manufacturing 298

Manufacturing Carbon Offsets Net Zero CDP 298

Corporate Knights

MARCH 7, 2023

To qualify for a “transition” label, projects with Scope 1 and 2 emissions would need to demonstrate significant greenhouse gas reductions in line with Canada’s climate goals for 2030 and 2050. Projects must have well-defined lifespans that are approximately proportionate to the expected decline in global demand,” the report says.

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Carbon Offsets Net Zero Greenwashing Green Investing 263

3BL Media

MARCH 25, 2022

These new targets build on our existing greenhouse gas (GHG) emissions reduction goal and includes interim 2030 science-based emissions reduction targets across Scopes 1, 2 and 3. is expected to: Create as many as 300,000 new green jobs by 2030. How can Qualcomm technologies be used to address the climate crisis? roads for one year.

Net Zero 246

Net Zero Chief Sustainability Officer Paris Agreement Carbon Offsets 246

Environment + Energy Leader

OCTOBER 1, 2022

The coalition's mission is to accelerate the deployment and use of sustainable aviation fuel technologies to reach 10% of the global jet aviation fuel supply by 2030. The post Air Canada Aims to Decarbonize Using Electric-Hybrid Aircraft and Sustainable Aviation Fuels appeared first on Environment + Energy Leader.

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Environment + Energy Leader

OCTOBER 1, 2022

The coalition's mission is to accelerate the deployment and use of sustainable aviation fuel technologies to reach 10% of the global jet aviation fuel supply by 2030. The post Air Canada Aims to Decarbonize Using Electric-Hybrid Aircraft and Sustainable Aviation Fuels appeared first on Environment + Energy Leader.

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ESG Today

DECEMBER 18, 2023

By: Clare Adelgren, EY Global Head of Blockchain Sales and Operations As companies globally accelerate their decarbonization journeys, scope 3 emissions—which include all indirect emissions originating from organizations’ upstream and downstream activities such as supply chain—present a significant challenge. degree pathway.

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3BL Media

SEPTEMBER 14, 2022

We are aiding the global decrease in greenhouse gas emissions by reducing our emissions with science-based and carbon neutral operations targets and by helping our customers decarbonize with our digitalization, electrification and energy transition solutions. Where emissions cannot be reduced by 2030, we plan to use carbon offsets.

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3BL Media

NOVEMBER 27, 2023

SB 253: Climate Corporate Data Accountability Act The common phrase in the GHG accounting world “you can't measure what you can't track" underlines the fact that decarbonization action starts with GHG emissions accounting. In this article, we'll summarize each new law as well as outline the likely impact on businesses.

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Corporate Knights

SEPTEMBER 26, 2024

This is generally a voluntarily self-imposed deadline, usually decades away, by which the institution’s emissions will not necessarily actually reduce to zero, but rather by which they will at least be ostensibly canceled out by carbon offsets. Cities’ pledges only increased by 8 percent.)

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Net Zero Carbon Offsets Climate Scientist Greenwashing 195

Corporate Knights

JULY 25, 2023

Carbon Capture Backed by Carbon Offsets? The plan also allows subsidies for fossil fuel projects equipped with abatement technologies like carbon capture and storage (CCS), or with a credible plan to bring their emissions to net-zero by 2030. those are the pieces that we still need to find.”

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Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

ESG Today

MARCH 20, 2023

The new goal is an update to the company’s prior emissions targets, which included reducing absolute Scope 1 and 2 emissions by 90% and Scope 3 intensity by 70% by 2030, all on a 2015 baseline. Additionally, the absolute emissions reduction target does not include the use of carbon offsetting.

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Greenhouse Gas Protocol Supply Chain Supply Chains Carbon Offsets 98

3BL Media

NOVEMBER 28, 2022

government released a requirement for all listed companies, asset managers and regulated asset owners to publish climate transition plans by 2030. The board committee responsible for ESG and climate oversight should ensure top-down compliance with climate transition milestones to meet decarbonization targets. Meanwhile, the U.N.'s

Carbon Offsets 246

Carbon Offsets Value Creation Climate Change Net Zero 246

Envirotec Magazine

MARCH 9, 2023

Regarding Scope 3 emissions, members will work with value chain partners to reduce emissions 10 percent by 2030, 30-40 percent by 2040, and 60-70 percent by 2050, said a statement. If required at all, carbon offsets and commercially unrealized technologies like carbon capture would be limited to minimal, highly specific cases.”

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Net Zero Decarbonize Carbon Offsets Development 104

ESG Today

FEBRUARY 27, 2023

The company has partnered with companies in the aviation, travel, and logistics sectors, including Trip.com, Air Canada and British Airways, on offerings enabling customers to estimate their travel emissions and address them through sustainable aviation fuel, carbon offsets and carbon removals programs.

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ESG Today

AUGUST 24, 2022

Since that time, many companies’ net zero commitments have come under increased scrutiny as relying too heavily on carbon offsetting as opposed to absolute emissions reductions.

Net Zero 97

Net Zero Carbon Offsets Zero Carbon Logistics 97

3BL Media

AUGUST 29, 2022

DESCRIPTION: The clearest near-term way for us to decarbonize is by using SAF, which is why purchasing and helping scale SAF produc­tion is the cornerstone of our climate strategy this decade. The alliance followed up that commitment with an intermediate goal to achieve 10% SAF use across the member airlines by 2030.

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3BL Media

AUGUST 8, 2022

Launched in 2015, the 17 Sustainable Development Goals (SDGs) are a global set of goals, targets, and indicators developed by the United Nations to guide countries, communities, and organizations in their work to create a sustainable world by 2030. Carbon offsets. Carbon capture innovation. Sustainable Solutions.

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ESG Today

DECEMBER 7, 2022

The guidance indicates that transitioning to sustainable aviation fuels (SAF) is expected to be the key contributor to the JetBlue’s decarbonization strategy, representing over half of its emissions reductions relative to a business-as-usual pathway.

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Net Zero Carbon Offsets Sustainable Investment Decarbonize 119

3BL Media

DECEMBER 6, 2022

To meet this aggressive near-term target, the airline will increase its investments in lower-carbon solutions within its operation​ and will evaluate future sustainability investments with its science-based target in mind. Refreshed Carbon Offsetting Strategy. Neste and World Energy.

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Net Zero Carbon Offsets Paris Agreement Development 130

3BL Media

JULY 11, 2023

We use a marginal abatement cost curve to guide our investment in emissions reduction initiatives, assessing which projects will most efficiently deliver the results required to meet our 2030 emissions intensity reduction target. Enbridge leaders agreed in 2021 on the principles and frameworks that would guide our capital allocation choices.

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3BL Media

JULY 18, 2022

Expanding our ambition, we added a goal to electrify our entire light-duty vehicle fleet by 2030. We recognize the critical role that energy plays not only in the lives of our customers, but also in decarbonizing the economy more broadly. Business: renewable and virtual renewable power purchase agreements .

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Decarbonize Carbon Offsets Net Zero Supply Chains 130

3BL Media

FEBRUARY 14, 2024

Over the past decade, these mandatory Building Performance Standards (BPS) policies have gained momentum, as an increasing number of local jurisdictions act to mitigate climate change impacts and support building decarbonization. The cumulative effect of such penalties will help encourage accountability and help accelerate decarbonization.

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Decarbonize Climate Change Net Zero Corporate Social Responsibility 147

Sustainable Round Table

NOVEMBER 19, 2024

Princeton’s research correctly recognizes corporate clean energy procurement has not officially defined “additionality,” a term borrowed from the carbon offset market. That obfuscation threatens to besmirch corporate renewable energy procurement like in the carbon offset market. Enough with ducks and harlequins.

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3BL Media

SEPTEMBER 23, 2022

The goal of the JCM is to reach a cumulative GHG emission reduction of 100 million tons of CO 2 e by 2030. The hydrogen supply chain is key for developed economies in achieving decarbonization goals, especially in light of the expected steady increase in carbon taxes. Model 3—Utility-Green Hydrogen Partnerships.

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ESG Today

JUNE 18, 2024

The transaction marks the latest in a series of large-scale nature-based carbon removal agreements by Microsoft, forming part of the tech giant’s initiative to become carbon negative by 2030, including recent 1.5 Microsoft’s leadership has helped build the high-integrity carbon offset market.

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Chief Sustainability Officer Carbon Offsets Decarbonize Banking 109

ESG Today

FEBRUARY 22, 2023

C include carbon dioxide removal (CDR) methods scaling to billions of tons of removal annually over the coming decades. The letter addresses the concern that the new rules would risk shifting necessary investment away from investments in carbon removals. Click here to access the open letter.

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Net Zero Climate Change Carbon Offsets Climate Researcher 98

ESG Today

APRIL 22, 2024

Additionally, carbon offsetting through projects such as carbon removal faces quality and verification challenges, with participants often unable to differentiate between high and low quality projects with insufficient or inconsistent data to assess and track the effectiveness of projects.

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Carbon 49

NOVEMBER 24, 2021

Decarbonization is in global focus. A failure to decarbonize could result in severe regulatory, financial, and reputational consequences, particularly in developed economies. This is where purchasing carbon credits (also known as carbon offsets) can come into consideration as part of the solution. .

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3BL Media

DECEMBER 19, 2023

In addition, offset sellers must provide disclosures on carbon offset project details and accountability measures. While Scope 3 is initially not subject to third-party assurance, companies may need assurance starting in 2030, depending on CARB’s review and evaluation in 2026.

Carbon Offsets 147

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3BL Media

OCTOBER 15, 2024

With more than half of the world’s 2,000 largest companies committed to net zero emissions, CCS is expected to be a major contributor to decarbonization. percent annually from 2023 to 2030, reaching more than 300 Mtpa (million tonnes per annum), according to the World Economic Forum.

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Net Zero Climate Change Carbon Offsets Manufacturing 147

We Mean Business Coalition

MARCH 24, 2023

Building on its current targets – recently validated by SBti – it has submitted new goals for a 75% reduction in Scope 1 and 2 emissions by 2030, and a 25% Scope 3 reduction over the same period. It aims to spend the next six months exploring the challenges related to HGV decarbonization and co-developing potential solutions.

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Net Zero Decarbonize Carbon Offsets CDP 96

ESG Today

OCTOBER 11, 2022

For instance, supporting “nature positive” projects like forest and mangrove restoration could offer 30% of emissions reductions needed by 2030 to limit warming to 1.5°C. And of course, during COP26 we saw more than 100 countries and 30 global financial institutions sign on to a commitment to stop forest loss and land degradation by 2030.

Supply Chains 109

Supply Chains Supply Chain Net Zero CDP 109

We Mean Business Coalition

OCTOBER 11, 2024

Heineken has launched the largest industrial solar thermal plant in Europe and Lime has invested in longer-lasting vehicles with modular parts, started using low-carbon aluminum for e-scooters and larger batteries that travel further on a single charge. The Climate Pledge has also encouraged successful public-private partnerships.

Paris Agreement 52

Paris Agreement Net Zero Carbon Offsets Decarbonize 52

We Mean Business Coalition

JULY 10, 2023

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. An investment plan aimed at boosting electricity access in Senegal and increasing its renewables share to 40% by 2030 is due to be delivered within a year. and Europe.

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Net Zero Shipping Supply Chains CDP 40

3BL Media

JULY 31, 2023

Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbon offset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.

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B the Change

FEBRUARY 25, 2023

For example, the Science-Based Targets Initiative (SBTi) has a net-zero standard that requires companies to make deep commitments in the near term, typically cutting GHGs by around 50% by 2030. For example, Canada has a net-zero-by-2050 goal , with a 2030 goal of reducing emissions by 40%–45% (compared to 2005 levels).

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Net Zero Climate Change Supply Chains Supply Chain 52