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DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change Conference , COP26, declared that the climate crisis is at a critical inflection point. C commitment and 7,126 companies have joined the Race to Zero. SOURCE: Antea Group.
Last fiscal year, Cisco set a goal to reach netzero across its value chain by 2040. One of the earliest descriptions of sustainability comes from the 1987 Brundtland Report , which defined the concept as meeting “the needs of the present generation without compromising the ability of future generations to meet their needs.”
CME Energy, a US-based utility company, has agreed to expand the scope of its netzero GHG emissions commitment to include its natural gas production and delivery system by 2050, in response to a shareholder proposal filed by the Sisters of the Presentation of the Blessed Virgin Mary of Aberdeen, South Dakota.
This paved the way for us to begin construction on the world’s first net-zero scope 1 and 2 GHG emissions integrated ethylene facility and derivatives site, which will decarbonize approximately 20% of our global ethylene capacity and grow our polyethylene supply by about 15%.
To achieve this goal, participants agreed that GHG emissions must be halved by 2030 and fall to “net-zero”—meaning that emissions still being generated are offset by reduction of the same amount elsewhere—by 2050. 2°C reduction target, on the way to achieving science-based netzero targets by 2050. Net-zero targets.
Announced plans to build the world's first net-zero carbon emissions, integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta. And it is central to driving best-in-class performance and accountability.".
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