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Luxury brand Burberry targets supply chain emissions in bid to become climate positive by 2040

Environmental News Bits

Luxury brand Burberry announced a new environmental sustainability initiative today, committing to go exceed its current 2040 net zero target, to become climate positive by that time. Read the full story at ESG Weekly.

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Burberry’s Net Zero Emissions Goals Approved by SBTi

ESG Today

Burberry is the first luxury fashion brand to receive approval by the initiative for its net zero emissions target. SBTi is one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of addressing and limiting climate change. by 2030, from a 2019 baseline.

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Burberry Steps Out With New ÂŁ300m Sustainability Loan

3BL Media

Burberry has strengthened its resolve to be climate positive by 2040 by refinancing a credit facility to a ÂŁ300m Sustainability Linked Loan. Burberry plans to become net zero by 2040 and will invest in nature-based projects with carbon benefits to restore and protect natural ecosystems and boost the livelihoods of global communities.

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America’s Top 10 Companies for Environmental Performance in 2022

Just Capital

The company’s climate commitment is a verified 1.5 degree Science Based Target , and is informed by its goal to reach net zero emissions by 2030 across its operations and supply chains and its analysis on the carbon impact of remote work. C Science Based Target Net zero by 2030 target. Verified 1.5°C

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Demystifying the ?Absolute Zero? concept

GreenBiz

The nuances of all the various adjectives and descriptors that are used to describe climate action — from "science-based" to "net zero" to "carbon negative" — are enough to make heads spin, especially for those who spend their professional lives worrying about how to communicate these concepts.

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Take Five: Onwards and Upwards

Chris Hall

Time will tell – Two reports this week gave us a snapshot of the status of asset owners’ efforts to decarbonise the operations and supply chains of the firms in their investment portfolios. Engagement works, seems to be the message, but does it work quickly enough?

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Commitment to Customers, Transparency, and Decarbonization

3BL Media

We then worked closely with the responsible functional groups – Plant Operations, Environmental, Real Estate, and Supply Chain – to address the Internal Audit findings. 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.