Science Based Targets initiative scales up, heightens focus on Scope 3 emissions
GreenBiz
FEBRUARY 6, 2024
More than 4,200 companies have approved science-based targets, with thousands more applying.
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Why Intel has declined to participate in the Science Based Targets initiative
GreenBiz
JANUARY 8, 2024
Intel began reducing its emissions two decades ago, but it doesn’t follow guidelines from the Science Based Targets initiative.
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Companies won't reach their science-based targets without suppliers on board
GreenBiz
OCTOBER 5, 2021
There is a close correlation between the companies managing their supply chains and setting science-based targets. In order to meet net-zero targets, companies must include their supply chains in their environmental strategies.
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Science Based Targets Initiative Approves Otis Targets for Reducing Greenhouse Gas Emissions
3BL Media
APRIL 22, 2024
April 22, 2024 /3BL/ - Otis (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based greenhouse gas (GHG) emissions reduction targets. FARMINGTON, Conn.,
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Keysight’s Near-Term Science-Based Targets Approved by the Science Based Targets Initiative
3BL Media
NOVEMBER 29, 2023
Demonstrates company alignment with the latest climate science Keysight commits to reducing absolute scope 1 and 2 greenhouse gas emissions 42% by fiscal year 2030 from a fiscal year 2021 base year SANTA ROSA, Calif., Keysight's near-term targets are listed on the SBTi website.
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Science Based Targets initiative calls on private equity firms to set climate goals
GreenBiz
NOVEMBER 10, 2021
Six leading private equity firms sign up to the Science Based Targets initiative, as the group issues new guidance to help the sector decarbonize.
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Kenvue Advances Its Healthy Lives Mission and Climate Action Commitment With Science-Based Targets Validation
3BL Media
MAY 2, 2024
(NYSE: KVUE) (“Kenvue” or the “Company”), the world’s largest pure-play consumer health company by revenue, today announced that its near-term greenhouse gas (GHG) emissions reduction targets have been validated by the Science Based Targets initiative (SBTi).
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How much science is there behind the Science Based Targets Initiative?
Impact Alpha
NOVEMBER 30, 2023
The post How much science is there behind the Science Based Targets Initiative? There is an urgent race to curb rising temperatures and prevent the worst effects of climate change. This is reflected in a growing. appeared first on ImpactAlpha.
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Illumina Among First in the World to Receive Approval of Science-Based Net-Zero Target
3BL Media
JULY 14, 2022
The Science Based Targets initiative has validated Illumina’s targets to reach Net-Zero greenhouse gas emissions by 2050. This includes validation of Illumina’s corporate greenhouse gas (GHG) emissions reduction targets by the organization. Illumina SBTi-approved targets. Net-Zero Target.
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Tiffany & Co. Commits to Science-Based Climate Targets
3BL Media
NOVEMBER 17, 2022
announces its plans to accelerate its commitment to combat climate change with a pledge to achieve net-zero greenhouse gas (GHG) emissions across its own operations (Scopes 1 and 2) and supply chain (Scope 3) by 2040 in accordance with the Science Based Targets Initiative’s (SBTi) Net-Zero Standard. By 2030, Tiffany & Co.
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Gildan’s Science-based Emissions Targets Validated by SBTi
3BL Media
AUGUST 2, 2023
(GIL: TSX and NYSE) is pleased to announce that the Science Based Targets initiative (SBTi) has validated that the Company's 2030 near term greenhouse gas (GHG) emissions reduction targets are in conformance with the SBTi Criteria and Recommendations (version 4.2), marking a significant milestone in the advancement of the Company's ESG strategy.
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Fortum Corporation - Fortum moves forward with its commitment to set targets in line with the Science Based Targets initiative (SBTi)
Global Renewable News
APRIL 7, 2024
Fortum has gone through the due diligence process after submitting the official commitment letter for the Science Based Targets initiative (SBTi). Fortum is committed to setting near- and long-term co.
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Science-based targets for nature come for businesses
GreenBiz
MAY 24, 2023
LVMH, Nestle, and 15 other companies to test new science-based criteria for freshwater, land, and biodiversity.
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Fortum Corporation - Fortum moves forward with its commitment to set targets in line with the Science Based Targets initiative (SBTi)
Global Renewable News
APRIL 4, 2024
Fortum has gone through the due diligence process after submitting the official commitment letter for the Science Based Targets initiative (SBTi). Fortum is committed to setting near- and long-term co.
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HSBC, Walmart add science-based targets to supplier financing program
GreenBiz
DECEMBER 28, 2021
degree Celsius target can get access to financing from HSBC. Under the new program, Walmart suppliers that have set at least three sustainability goals and are working towards a 1.5-degree
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Science-Based Targets Can Put Sugarcane Sector on Track To Cut Greenhouse Gas Emissions
3BL Media
NOVEMBER 13, 2023
The Bonsucro ClimateCane Tracker enables farms and mills, and companies that source from them, to set science-based targets for reducing emissions from sugarcane production in line with what’s needed to maintain a stable climate. If we don’t reduce agriculture based GHG emissions, there is no way to limit global warming to 1.5
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Nasdaq's Net-Zero Target Approved by The Science Based Targets Initiative
3BL Media
NOVEMBER 22, 2022
NEW YORK, November 16, 2022 /3BL Media/ - Nasdaq (Nasdaq: NDAQ) announced today that its near- and long-term science-based emissions reduction targets have been approved by The Science Based Targets initiative (SBTi). Near-term: 2030 Targets. Long-term: 2050 Targets. Nasdaq’s ESG Journey.
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Science Based Targets initiative unveils major revamp to keep up with growing corporate demand
GreenBiz
SEPTEMBER 14, 2023
Leading climate standards body unveils plans to officially incorporate in the UK as independent charity and ramp up capacity for validating climate goals.
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Applied Materials Receives SBTi Validation of its Science-based Scope 1, 2 and 3 Emissions Reductions Targets
3BL Media
DECEMBER 7, 2023
announced that its science-based Scope 1, 2 and 3 emissions reduction targets have received validation from the Science Based Targets initiative (SBTi). Following are Applied’s near-term science-based targets that have received SBTi validation: Applied Materials, Inc. SANTA CLARA, Calif.,
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What makes Al Gore hopeful: Tech innovation, science-based targets and the racial 'awakening'
GreenBiz
JULY 22, 2020
What makes Al Gore hopeful: Tech innovation, science-based targets and the racial 'awakening'. I think that the Science Based Targets initiative is a particularly important initiative that can make a tremendous difference, and I want to commend the leaders in this industry who have taken that step.
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Unleashing Nature’s Potential Through Science-Based Targets for Nature
3BL Media
JULY 18, 2023
Science-based targets for nature The Science-Based Targets Network (SBTN ) is a ground-breaking effort that plays a crucial role in operationalizing these planetary boundaries at the corporate level, helping businesses to align their activities with the biophysical limits of ecosystems.
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The Promise of Science-Based Targets for Nature
WWF Sustainability
MAY 23, 2023
Developing science-based targets for nature allows us to rebalance the transactional nature of carbon accounting and stop treating biodiversity and nature’s contribution to people as “co-benefits.”
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Science Based Targets Initiative meets realpolitik on the path to Net Zero
Impact Alpha
APRIL 22, 2024
The post Science Based Targets Initiative meets realpolitik on the path to Net Zero appeared first on ImpactAlpha. An apparent reversal by one of the main arbiters of corporate climate action plans has roiled climate activists and advocates and highlighted tensions.
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Food, ag and forestry get their own science-based targets
GreenBiz
JANUARY 27, 2022
Land-conversion emissions have always been hard to measure and reduce but these new guidelines will help lay the path for the food, ag and forestry sector.
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Griffith Foods’ Carbon Emission Reduction Goals Validated by Science Based Target Initiative (SBTi)
3BL Media
JULY 11, 2023
July 11, 2023 /3BL/ - Griffith Foods is proud to announce its near-term science-based emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF)!
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JetBlue Announces Science-Based Emissions Reduction Target and Strategy To Achieve Net Zero by 2040
3BL Media
DECEMBER 6, 2022
SUMMARY: Aligned With the Paris Agreement and Approved by the Science Based Targets Initiative (SBTi), JetBlue Commits to Reduce Jet Fuel Emissions 50% Per Revenue Tonne Kilometer by 2035 From 2019 Levels. SOURCE: JetBlue Airways.
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SBTN Releases First Corporate Science Based Targets for Nature
ESG Today
MAY 24, 2023
The Science Based Targets Network (SBTN) announced today the release of the first corporate science-based targets for nature, aimed at guiding companies in assessing and prioritizing their environmental impacts and setting a standard for targets to address these issues.
DuPont Commits to Set Science-Based Targets for GHG Emissions Reduction
3BL Media
JULY 21, 2022
July 21, 2022 /3BL Media/ - DuPont (NYSE: DD) today announced it has committed to setting science-based targets to reduce greenhouse gas (GHG) emissions in line with the Science Based Targets initiative (SBTi), a partnership between CDP, the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
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Six Fast-Food Giants Commit to Science-Based Targets, but Challenges Remain
3BL Media
JUNE 14, 2022
DESCRIPTION: Initial progress in setting GHG reduction targets: All six fast-food companies engaged by the $11 trillion global investor coalition have now set, or committed to set, global greenhouse gas reduction targets approved by the Science-Based Targets initiative (SBTi). Only two firms (RBI, Yum!)
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Diving Into the Freshwater Component of Science-Based Targets for Nature
WWF Sustainability
MAY 31, 2023
The launch of science-based targets for nature also marks a milestone moment toward addressing the freshwater emergency at scale.
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WestRock Releases 2021 Sustainability Report; Updating Goals and Setting Science-Based Targets for Emissions Reduction
3BL Media
MAY 18, 2022
DESCRIPTION: WestRock is imagining and delivering on the promise of a sustainable future, building on its 100-year legacy to help create a more circular economy with renewable, fiber-based recyclable packaging at its core. This includes newly approved science-based targets for GHG emission reductions.
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Chemours Takes the Next Step in Its ESG and Sustainability Journey; Commits To Set Science-Based Emissions Reduction Targets
3BL Media
AUGUST 5, 2022
Company-wide emissions reductions submitted to the Science Based Targets initiative. Pursuing science-based emissions reduction targets reflects how we continually work to strengthen our ambitious climate goals. SOURCE: The Chemours Company. DESCRIPTION: WILMINGTON, Del., DESCRIPTION: WILMINGTON, Del.,
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Microsoft, P&G, Unilever and Walmart among 239 companies to miss net-zero deadline
GreenBiz
MARCH 13, 2024
A sweeping status update by the Science Based Targets initiative downgrades some big corporate names.
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CVC Commits to Have Private Equity Portfolio Companies Set Science-Based Climate Targets
ESG Today
AUGUST 3, 2023
The new goals, unveiled in CVC’s 2023 ESG Report, include an interim commitment for 40% of listed and private equity investments to have SBTI-validated targets by 2027, and for the CVC to reduce its own absolute Scope 1 and 2 emissions by 73% by 2030, on a 2019 base year.
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Beyond the science based targets: Why First Movers Coalition is the next step
GreenBiz
DECEMBER 21, 2022
Sponsored: The First Movers Coalition's unique partnership between government and corporations — including founding member Western Digital — is harnessing the purchasing power of companies to decarbonize the corporate ecosystem, unlock the untapped potential of emerging technologies and turn the tide of climate innovation.
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Getting started with Science-based targets for nature
Greenstone
JUNE 13, 2023
The Science Based Targets Network has introduced the world's first science-based targets for nature. This development establishes a significant standard, driving corporate actions towards ambitious and quantifiable action on nature.
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Heineken Says Suppliers Representing 80% of Packaging Carbon Footprint are Committing to Science-Based Emissions Targets
ESG Today
JULY 21, 2022
Beer company Heineken revealed today that suppliers representing 80% of the company’s packaging carbon footprint have committed to or are in the process of setting science-based climate targets with the Science Based Targets Initiative (SBTi), marking a significant milestone in the company’s efforts to address its supply chain climate impact.
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AstraZeneca, Atlassian and Philips: How to convince suppliers to lower greenhouse gas emissions
GreenBiz
JANUARY 29, 2024
Companies are committing to help suppliers set science-based targets and lower emissions. Here’s how pharma company AstraZeneca, software firm Atlassian and healthcare tech maker Philips approach it.
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SBTi Launches Guidance for Science Based Climate Targets for Ag, Forest and Land-Based Sectors
ESG Today
SEPTEMBER 29, 2022
The Science Based Targets initiative (SBTi) announced today the launch of the Forest, Land and Agriculture (FLAG) Science Based Target Setting Guidance, providing a standard method for companies in land-based sectors to set science-based emissions reduction targets aligned with global climate goals.
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Euronext to Require Science-Based Emissions Reduction Targets from Suppliers
ESG Today
JUNE 28, 2022
Pan-European exchange Euronext announced today new science-based climate goals and initiatives, including a plan to require its suppliers to set their own science-based emissions reduction targets. The company stated that it intends to reach its targets without the purchase of offsetting credits.
$37 Trillion Group Calls on 1,000 Businesses to Set Science-Based Climate Targets
ESG Today
OCTOBER 25, 2022
But this is simply unachievable unless the highest impact companies have ambitious targets for reducing all of their value chain emissions.”. According to SBTi, companies with targets approved by the organization typically cut emissions by 8.8% Roughly half of the companies are based in the Asia Pacific region, and 23% in the U.S.
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SBTN launches corporate science-based targets for freshwater and land
Environmental Finance
MAY 24, 2023
Corporates can begin to prepare science-based targets for nature for the first time as the Science Based Targets Network (SBTN) has launched criteria for setting freshwater and land objectives.
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GHG Accounting and Science-Based Target Setting for Financial Institutions and Private Equity
Sphera
SEPTEMBER 14, 2022
To do this, the ECB will examine greenhouse gas emissions, carbon reduction targets and climate-related disclosures. . This article provides an overview of standards and methods for GHG accounting and climate target setting for financial institutions and private equity. . Financial Sector Science-Based Targets.
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Norway to Require State-Owned Companies to Set Science-Based Climate Targets
ESG Today
OCTOBER 25, 2022
Norway will require state-owned firms to set science-based emissions reduction targets, according to a new Norwegian Government white paper presented to the supreme legislature. Targets are expected to be science-based, when possible, and to report on target achievement.
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