WRI

Nokia commits to net zero greenhouse gas emissions by 2040 #MWC24

Retrieved on: 
Monday, February 26, 2024

Espoo, Finland – Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net zero by 2040, accelerating its previous target by ten years, and putting it ahead of the Paris Agreement target of net zero by 2050.

Key Points: 
  • Espoo, Finland – Nokia today announced that it has committed to reducing its total global greenhouse gas emissions (GHG) to net zero by 2040, accelerating its previous target by ten years, and putting it ahead of the Paris Agreement target of net zero by 2050.
  • Pekka Lundmark, President and CEO of Nokia, said: “Our new emission reduction targets show that net zero is a business priority for Nokia.
  • Net zero: Net zero refers to a reduction of 90% in greenhouse gas emissions to as close to zero as possible, with a maximum of up to 10% remaining hard-to-abate emissions being neutralized through carbon removals.
  • To limit global warming to 1.5°C, greenhouse gas emissions must by halved by 2030 and reach net zero by 2050.

Concentrix + Webhelp Achieves New Milestone on Sustainability Journey

Retrieved on: 
Wednesday, February 21, 2024

SBTi provides companies with an independent assessment and validation of their proposed targets to help the world to halve emissions before 2030 and achieve net-zero emissions before 2050.

Key Points: 
  • SBTi provides companies with an independent assessment and validation of their proposed targets to help the world to halve emissions before 2030 and achieve net-zero emissions before 2050.
  • “Our sustainability journey centers around the concept that our collective impact as one team can change the world,” said Philip Cassidy, Executive Vice President, Strategic Projects, Corporate Strategy and ESG at Concentrix + Webhelp.
  • Concentrix + Webhelp has committed to reduce:
    Absolute scope 3 GHG emissions from purchased goods and services, capital goods, fuel & energy-related activities and employee commuting 50% within the same time frame.
  • *
    To learn more about the company’s on-going sustainability initiatives, please visit the Concentrix + Webhelp 2023 ESG Report.

Canon recognized with highest A score for its climate change activities from CDP

Retrieved on: 
Thursday, February 29, 2024

The CDP evaluates major companies and local governments worldwide on their efforts to tackle environmental issues.

Key Points: 
  • The CDP evaluates major companies and local governments worldwide on their efforts to tackle environmental issues.
  • Evaluations are based on information disclosed in response to questions sent to the companies regarding such topics as climate change and water resource management.
  • This is Canon's third time earning a spot on the A List in the climate change category, having been included in the A List previously in 2016 and 2020.
  • Canon will continue working to make various technological advancements and improve managerial efficiency to help to reduce CO2 throughout society.

Danaher Commits to Set Science-Based, Net-Zero Greenhouse Gas Emission Reduction Targets

Retrieved on: 
Thursday, February 22, 2024

WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) (Danaher) announced today it has committed to set science-based greenhouse gas (GHG) emission reduction targets in line with the Science Based Targets initiative (SBTi), including a long-term target to reach net-zero value chain emissions by no later than 2050.

Key Points: 
  • WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) (Danaher) announced today it has committed to set science-based greenhouse gas (GHG) emission reduction targets in line with the Science Based Targets initiative (SBTi), including a long-term target to reach net-zero value chain emissions by no later than 2050.
  • Danaher's pledge encompasses Scope 1, 2 and 3 GHG emissions and complements its existing commitment to reduce Scope 1 and 2 GHG emissions on an absolute basis by 50.4% by 2032 compared to 2021.
  • "At the heart of everything we do at Danaher is continuous improvement, and our sustainability program further exemplifies this commitment," said Rainer M. Blair, Danaher's President and Chief Executive Officer.
  • Danaher will submit its GHG emission reduction targets to SBTi to be validated against the SBTi criteria.

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.