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Puma Is Cutting CO2 and Saving Water Across its Supply Chain

Environment + Energy Leader

It also plans to cut its Scope 3 emissions tied to its value chain for purchased goods and services by 60% by 2030, achieved primarily by focusing on the transport of goods and cutting down on its air freight by. The post Puma Is Cutting CO2 and Saving Water Across its Supply Chain appeared first on Environment + Energy Leader.

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Nestlé Moves Away from Carbon Offsets to Focus on Emissions Reductions Across Brands

ESG Today

Global food and beverage company Nestlé will shift away from the use of offsets to achieve carbon neutral brands, focusing instead on actual emissions reductions in its operations and value chain, according to a company spokesperson, following media reports that the company was walking away from carbon neutral pledges for some brands.

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Corporate climate watchdog document deems carbon offsets largely ineffective

Environmental News Bits

Staff at an influential corporate climate action group whose board announced a plan to allow companies to offset greenhouse gas emissions from their supply chain with carbon credits has now found such offsets are largely ineffective, a confidential preliminary draft reviewed by Reuters shows.

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To offset or inset? Carbon offset market insists it can provide ‘transparency and integrity’ as food firms look to supply chain solutions

Environmental News Bits

Food companies are increasingly opting for insetting over offsetting their carbon emissions, it’s been claimed, as the voluntary carbon offset market continues to look to improve its credibility. Read the full story at Food Navigator USA.

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Episode 240: Ceres points the way, Beautycounter's mica makeover

GreenBiz

Demand for voluntary carbon offsets holds strong. All the glitters: Beautycounter and the mica supply chain (17:30) . Outakes from the reporting behind Joel Makower's two-part series about the mica supply chain and retailer Beautycounter's work to address the sector's big child labor problem. Supply Chain.

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H&M Warns Against Use of Carbon Offsets in SBTi’s Climate Target Standard

ESG Today

While Scope 3 emissions, which occur in value chain areas outside of companies’ direct control, such as supply chain or use of products, are typically the most difficult to measure and manage, they also make up the vast majority of most companies’ emissions impact, often accounting for more than 90% of emissions overall.

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Apple creates $200 million fund for nature-based climate solutions

GreenBiz

The Restore Fund money will go to investing in working forests to transition them to more sustainable management practices that will sequester more carbon from the atmosphere to balance Apple’s carbon footprint in its hardware supply chain, while the timber production will produce financial profits for Apple as an investor.