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4 Steps Your Company Can Take to Move Toward Net Zero

B the Change

If you’re a company interested in climate change, zero might be the most important number. Net zero” is the lens many businesses are using to address their climate impacts. As of October 2022, more than 8,000 companies globally have made commitments to net zero under the United Nations’ Race to Zero Campaign.

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Energy Giants Come Under Shareholder Pressure on Emissions

Chris Hall

The company has previously come under pressure from shareholders to improve its performance on Paris Agreement alignment. Investors applaud this leadership in expanding net zero targets to fully account for material Scope 3 emissions,” said Daniel Stewart, Energy Program Manager of As You Sow. US shareholder action.

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What is the Science-Based Targets initiative (SBTi)?

Sphera

Reduction targets are “science-based” if they align with levels the scientific community deems necessary to meet the 1.5 - 2 °C temperature reduction target set by the 2015 Paris Agreement. In the Paris Agreement, world governments committed to curbing global temperature rise to 2°C above pre-industrial levels.

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VCM Code of Practice Launches, with Google, Unilever and Hitachi on Board

Chris Hall

With Google, Unilever and Hitachi among those already signed up to road-test the provisional code, VCMI is hoping more businesses will take up what it calls a globally standardised benchmark when using carbon credits as part of their net zero strategies. . Market-based solutions are critical to reducing emissions.

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Greater Collaboration and Transparency in Reporting Are Key to a More Sustainable Semiconductor Industry

3BL Media

The threat posed by climate change is motivating efforts around the world to improve corporate sustainability, reduce greenhouse gas (GHG) emissions and limit global temperature rise to 1.5°C C under the Paris Agreement. According to The Conference Board, 71% of S&P 500 companies publicly report GHG emissions.[1]

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Should businesses be legally required to set science-based targets?

We Mean Business Coalition

But with the world still off-track to achieve the Paris Agreement, should governments intervene? However, with more than 90% of global GDP now covered by net-zero targets set nationally or regionally, this change may well come in the not-too-distant future. Exceeding 1.5C He says: “The devil is always in the detail.