WRI

Blue Forest Launches New Forest Resilience Bond (FRB) to Address Catastrophic Wildfire Threat in the Upper Mokelumne River Watershed

Retrieved on: 
Thursday, February 15, 2024

SACRAMENTO, Calif., Feb. 15, 2024 /PRNewswire/ -- Blue Forest, a conservation finance non-profit focused on forest restoration, is proud to announce the launch of the Upper Mokelumne I Forest Resilience Bond (Upper Mokelumne I FRB) in collaboration with the Upper Mokelumne River Watershed Authority (UMRWA) and the Eldorado National Forest.

Key Points: 
  • SACRAMENTO, Calif., Feb. 15, 2024 /PRNewswire/ -- Blue Forest, a conservation finance non-profit focused on forest restoration, is proud to announce the launch of the Upper Mokelumne I Forest Resilience Bond (Upper Mokelumne I FRB) in collaboration with the Upper Mokelumne River Watershed Authority (UMRWA) and the Eldorado National Forest.
  • The Upper Mokelumne I FRB aims to mitigate the growing threat of catastrophic wildfires in the Upper Mokelumne River watershed through strategic forest restoration and conservation finance.
  • "This partnership with Blue Forest and the launch of the Forest Resilience Bond reflect our commitment to finding innovative solutions to address the growing threat of catastrophic wildfires," said Richard Sykes, Executive Director of the Upper Mokelumne River Watershed Authority.
  • "The Eldorado National Forest is proud to partner with Blue Forest and the Upper Mokelumne River Watershed Authority on this critical initiative," said Joe Stout, Forest Supervisor of Eldorado National Forest.

Corporate Alignment with Climate Goals Under Scrutiny: LyondellBasell & Bayer demonstrate good practice

Retrieved on: 
Tuesday, February 13, 2024

Chemical giant LyondellBasell (LYB) has emerged as an example of better practice in this field by proactively addressing concerns over misaligned industry affiliations.

Key Points: 
  • Chemical giant LyondellBasell (LYB) has emerged as an example of better practice in this field by proactively addressing concerns over misaligned industry affiliations.
  • The company's Climate Advocacy Report , released in May 2023, evaluates its memberships in key trade associations, categorising each based on alignment with climate policy positions.
  • Another example of good practice is provided by Bayer’s (BAY) Industry Association Climate Review (2023) which assesses 63 associations.
  • As the world grapples with climate challenges, the time for blurred communication is long gone, and corporate leaders should be clear about their climate transition pathway.

Fujitsu Earns Top Rating from CDP in Climate Change Category

Retrieved on: 
Wednesday, February 7, 2024

TOKYO, Feb 7, 2024 - (JCN Newswire) - Fujitsu Limited today announced that the Fujitsu Group has been selected for the CDP's A List for climate change for the seventh year in a row, earning the highest rating in the CDP's evaluation of corporate activities in response to climate change.

Key Points: 
  • TOKYO, Feb 7, 2024 - (JCN Newswire) - Fujitsu Limited today announced that the Fujitsu Group has been selected for the CDP's A List for climate change for the seventh year in a row, earning the highest rating in the CDP's evaluation of corporate activities in response to climate change.
  • The survey evaluates companies' outstanding efforts to demonstrate leadership in disclosing information, identifying and managing risks, addressing challenges, as well as setting ambitious and significant goals.
  • In 2017, The Fujitsu Group laid out its medium- to long-term environmental vision, the Fujitsu Climate and Energy Vision, setting its goal to achieve zero carbon emissions by 2050.
  • Utilizing AI and other advanced digital technologies to support innovation, Fujitsu is working to mitigate and adapt to the impacts of climate change through its business operations.

Grant Thornton’s greenhouse gas reduction targets approved by the Science Based Targets initiative

Retrieved on: 
Monday, February 5, 2024

Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, has received approval of its greenhouse gas (GHG) emissions reduction targets from the Science Based Targets initiative (SBTi).

Key Points: 
  • Grant Thornton LLP, one of America’s largest providers of audit and assurance, tax and advisory services, has received approval of its greenhouse gas (GHG) emissions reduction targets from the Science Based Targets initiative (SBTi).
  • Grant Thornton joins thousands of other organizations worldwide that have had their targets validated by the SBTi, a global body enabling businesses to set emissions reduction targets in line with the latest climate science.
  • Grant Thornton’s approved science-based targets include a near-term target to reduce absolute GHG emissions by 55% by 2030 from a 2019 baseline.
  • The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wildlife Fund for Nature (WWF).

Catalent Commits to Reducing Greenhouse Gas Emissions by 2030

Retrieved on: 
Thursday, January 25, 2024

Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced its targets to reduce greenhouse gas emissions (Scope 1 and 2) by 42% by 2030.

Key Points: 
  • Catalent, Inc. (NYSE: CTLT), the leader in enabling the development and supply of better treatments for patients worldwide, today announced its targets to reduce greenhouse gas emissions (Scope 1 and 2) by 42% by 2030.
  • Reduce absolute Scope 3 greenhouse gas emissions from fuel- and energy-related activities, and employee commuting by 25% within the same timeframe.
  • Since 2021, Catalent reviewed and reinforced its roadmap to reduce greenhouse gas emissions with a focus on energy efficiency and renewable energy programs.
  • To learn more about how Catalent is improving operational efficiency, reducing greenhouse gas emissions, eliminating waste, and conserving water to contribute to the health of the planet, download the most recent Report at https://www.catalent.com/about-us/corporate-responsibility/ .

Rockwell Automation Releases 2023 Sustainability Report Outlining Progress and Outcomes

Retrieved on: 
Tuesday, January 23, 2024

BRUSSELS, Jan. 23, 2024 /PRNewswire/ -- Rockwell Automation today published its 2023 Sustainability Report detailing the company's sustainability progress and outcomes, and how Rockwell is partnering across the manufacturing industry and communities worldwide to create sustainable impact and change.

Key Points: 
  • BRUSSELS, Jan. 23, 2024 /PRNewswire/ -- Rockwell Automation today published its 2023 Sustainability Report detailing the company's sustainability progress and outcomes, and how Rockwell is partnering across the manufacturing industry and communities worldwide to create sustainable impact and change.
  • Headquartered in Milwaukee, Wisconsin, Rockwell provides industrial automation and digital transformation solutions to manufacturers in more than 100 countries.
  • "We've been improving the efficiency of industrial processes for more than 120 years, which includes making the most of scarce resources," said Rockwell Automation Chairman & CEO Blake Moret.
  • Smart manufacturing technologies play a critical role in driving Environmental, Social, and Governance (ESG) and sustainability success.

transcosmos submits a commitment letter to SBTi (Science Based Targets initiative)

Retrieved on: 
Friday, January 19, 2024

TOKYO, Jan. 19, 2024 /PRNewswire-PRWeb/ -- transcosmos inc. hereby announces that in December 2023, the company submitted a commitment letter to the Science Based Targets initiative (SBTi*1), a global body that independently assesses and certifies companies' Science Based Targets (SBTs*2). Aiming to acquire SBT certification in two years from now, transcosmos will work on setting science-based targets to reduce its greenhouse gas emissions.

Key Points: 
  • TOKYO, Jan. 19, 2024 /PRNewswire-PRWeb/ -- transcosmos inc. hereby announces that in December 2023, the company submitted a commitment letter to the Science Based Targets initiative (SBTi*1), a global body that independently assesses and certifies companies' Science Based Targets (SBTs*2).
  • Aiming to acquire SBT certification in two years from now, transcosmos will work on setting science-based targets to reduce its greenhouse gas emissions.
  • Offering a range of target-setting resources and guidance, the SBTi independently assesses and approves companies' targets in line with its strict criteria.
  • URL: https://sciencebasedtargets.org/
    Science based targets are greenhouse gas emissions reduction targets that are in line with the Paris Agreement.

EQS-News: Science Based Target initiative confirms Amprion's CO2 reduction targets

Retrieved on: 
Saturday, January 13, 2024

The CO2 reduction targets of the transmission system operator Amprion are in line with the Paris Climate Agreement.

Key Points: 
  • The CO2 reduction targets of the transmission system operator Amprion are in line with the Paris Climate Agreement.
  • This is the result of the scientific review of the reduction targets for Scopes 1 to 3 by the Science Based Target initiative (SBTi).
  • SBTi confirmed that Amprion's emission targets follow a reduction path in line with the goals of the Paris Climate Agreement.
  • Receiving this seal of approval from SBTi for our CO2 reduction targets is a further confirmation for us.

Olympus's Net-Zero Targets Approved by SBTi

Retrieved on: 
Thursday, November 30, 2023

Now, Olympus' near-term target and net-zero target have acquired certification from SBTi as goals consistent with the target 1.5 degrees Celsius increase limit outlined by the Paris Agreement.

Key Points: 
  • Now, Olympus' near-term target and net-zero target have acquired certification from SBTi as goals consistent with the target 1.5 degrees Celsius increase limit outlined by the Paris Agreement.
  • We recognize that this progress acknowledges our efforts towards setting and working to achieve our targets.
  • Olympus Corporation's net-zero targets match the urgency of the climate crisis and set a clear example that their peers must follow."
  • Scope 2: Indirect greenhouse gas emissions from our sites use of electricity, heat or steam supplied by other companies.

SBTi validates Wolters Kluwer near-term emission reduction targets

Retrieved on: 
Friday, December 1, 2023

Alphen aan den Rijn – December 1, 2023 – Wolters Kluwer today announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based emissions reduction targets.

Key Points: 
  • Alphen aan den Rijn – December 1, 2023 – Wolters Kluwer today announced that the Science Based Targets initiative (SBTi) has approved its near-term science-based emissions reduction targets.
  • The company also committed earlier in 2023 to set long-term emission reduction targets with the SBTi in line with reaching net-zero by 2050.
  • “SBTi validation of our greenhouse gas (GHG) emissions reduction targets provides clear goals, as we commit to minimizing our environmental footprint,” said Nancy McKinstry , CEO and Chair of the Executive Board, Wolters Kluwer.
  • The validated emissions reduction targets are:
    Reduce absolute scope 3 GHG emissions 30% by 2030 from a 2019 base year.