article thumbnail

Advancing ESG Strategy and Creating a Competitive Advantage With Climate-Related Disclosure

3BL Media

Securities and Exchange Commission’s (SEC) climate disclosure regulation is a monumental shift from companies voluntarily developing a sustainability strategy to requiring registrants to provide annual data as an indicator of their ESG performance. However, a net zero target is no longer viewed as adequate.

article thumbnail

California Governor Signs Climate Disclosure Bills, but Pushes Back on Timeline and Cost

ESG Today

As passed in the Assembly, SB 253 ’s disclosure obligations would begin in 2026 for Scope 1 and 2 emissions, and in 2027 for Scope 3 emissions, with measurement and reporting to be performed according to the Greenhouse Gas Protocol standards. Newsom’s statement follows recent comments by the U.S. SB 261 applies to U.S.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Enabling a Sustainable Chip Industry Requires a Long-Term Vision and Near-Term Actions

3BL Media

In terms of Scope 3 emissions—those generated across our entire value chain—Applied has focused on establishing benchmarks and priorities that can inform future action. Most importantly, we’ll seek to develop and enhance industry partnerships to ensure collective and collaborative action towards our shared goals. Chris Librie.

article thumbnail

Achieving Net-Zero Is More Than Setting Targets

3BL Media

Achieving net-zero begins with reducing greenhouse gas emissions in the three categories, or Scopes, defined by Greenhouse Gas Protocol, the international accounting tool. Dealing with the Scope 3 Challenge. Scope 1 covers direct emissions from owned or controlled sources. The Power of Technology.

Net Zero 130
article thumbnail

Renewable Thermal Collaborative Releases Case Study on the U.S. Renewable Natural Gas (RNG) Agreement between AstraZeneca and Vanguard Renewables

3BL Media

AstraZeneca is a global, science-led biopharmaceutical company that focuses on the discovery, development and commercialization of prescription medicines used by millions of patients worldwide. Project Overview AstraZeneca, a global biopharmaceutical company headquartered in the UK, is partnering with Vanguard Renewables, a U.S.-based

article thumbnail

Whose Data Is This Anyway? Striving for Higher Standards of Emissions Reporting

3BL Media

A critical review of the environmental and climate assessments of mineral supply chains , Lee examined and compared existing methodologies and examples of reporting from BHP, Freeport McMoRan, and Vale, three mining majors in the copper supply chain. In Responsible or reckless? A nuanced and diverse cohort.

article thumbnail

Yum China Releases First TCFD Report, Advancing its Commitment to Climate Action

3BL Media

Risk Management – Yum China has conducted risk screening, and disclosed how climate-related risks are effectively addressed within its existing risk management measures in four aspects: restaurants, supply chain, logistics, and product and services. The Company had 12,117 restaurants in over 1,700 cities at the end of March 2022.