Silent Scope 3

US Public Companies Take Action to Prepare for Enhanced Sustainability Disclosures

Retrieved on: 
Thursday, December 1, 2022

NEW YORK, Dec. 1, 2022 /PRNewswire/ --

Key Points: 
  • While most companies are taking meaningful steps toward enhancing sustainability disclosures, challenges remain.
  • Companies are moving from commitment to action in their sustainability reporting to address evolving stakeholder expectations.
  • Companies are internally shifting focus to prioritize ESG oversight, controls, and disclosure to prepare for increasing demand for high quality sustainability disclosures.
  • While companies are at various stages on their sustainability journey, they must drive accountability today for a sustainable tomorrow."

Duke Energy wraps up monthlong effort to fight hunger with nearly $170,000 in 'surcee' grants to South Carolina community agencies

Retrieved on: 
Tuesday, November 29, 2022

"If you grew up in South Carolina, you likely know that a surcee is a small, unexpected gift," said Mike Callahan, Duke Energy's South Carolina president.

Key Points: 
  • "If you grew up in South Carolina, you likely know that a surcee is a small, unexpected gift," said Mike Callahan, Duke Energy's South Carolina president.
  • These "surcee" grants recognize the important gaps these typically smaller agencies fill in the neighborhoods they serve.
  • Throughout November, Duke Energy highlighted critical community partners that do this incredible work to fight hunger, including Harvest Hope Food Bank , Mill Village Farms , FoodShare South Carolina , United Way Association of South Carolina and AIM , among many others.
  • Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies.

Grain Ecosystem Raises Capital from SE Ventures to Accelerate Carbon Offset Market Disruption

Retrieved on: 
Tuesday, November 29, 2022

BOSTON, Nov. 29, 2022 /PRNewswire/ -- Grain Ecosystem, an innovative sustainability start-up that will tackle the expensive, slow, and ineffective process of navigating the voluntary carbon market, has raised capital from SE Ventures, a premier early-stage venture fund backed by Schneider Electric, the global leader in the digitalization of industrial automation and energy management.

Key Points: 
  • Founded in 2022, Grain Ecosystem's mission is to accelerate quality carbon offset generation with its unique platform aimed to simplify carbon offset projects, increasing the environmental impact.
  • "We created Grain Ecosystem with one goal: empower carbon offset project developers to remove more carbon from our atmosphere.
  • With the raised capital, Grain Ecosystem is actively hiring carbon project experts and partnering with capital allocators to scale carbon projects quickly, cost-effectively, and certifiably.
  • Its innovative platform streamlines the long, complex, and expensive certification process for carbon offset projects, creating opportunities for new carbon offset projects.

Sodexo Shares CSR Achievements and Goals in Annual Report

Retrieved on: 
Monday, November 21, 2022

GAITHERSBURG, Md., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Sodexo, a global food services and facilities management leader, has released its second annual sustainability and CSR report A Better Tomorrow: 2022 Sustainability and Corporate Social Responsibility Report.

Key Points: 
  • GAITHERSBURG, Md., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Sodexo, a global food services and facilities management leader, has released its second annual sustainability and CSR report A Better Tomorrow: 2022 Sustainability and Corporate Social Responsibility Report.
  • The report covers key performance indicators and achievements during the fiscal year 2022 related to Sodexos primary areas of focus: carbon reduction, plant-based food, food waste, food insecurity, and diversity, equity, and inclusion.
  • Consumers have changed their purchasing preferences to reflect considerations of social and environmental responsibility, and at Sodexo, we are happy to be a leader in these changes.
  • This report presents our actions toward our nine Better Tomorrow commitments for individuals, communities, and the planet, Sodexo North Americas Vice President of Sustainability and Corporate Social Responsibility Jessica Synkoski said.

HowGood Launches Scope 3 Emissions Reporting for Food Brands Globally

Retrieved on: 
Tuesday, November 15, 2022

STONE RIDGE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- HowGood , an independent research company with the worlds largest ingredient sustainability database, today announced the release of its new Scope 3 Emissions Reporting feature for CPG food brands and foodservice companies to meet the growing demands of ESG reporting.

Key Points: 
  • STONE RIDGE, N.Y., Nov. 15, 2022 (GLOBE NEWSWIRE) -- HowGood , an independent research company with the worlds largest ingredient sustainability database, today announced the release of its new Scope 3 Emissions Reporting feature for CPG food brands and foodservice companies to meet the growing demands of ESG reporting.
  • The new feature will allow organizations in the food industry to accurately measure and report on their Scope 3 greenhouse gas emissions (GHGe), the indirect emissions produced in the upstream agricultural supply chain.
  • With nearly 87% of a food companys GHG emissions in the Scope 3 category, CPG food brands and foodservice companies can face unique challenges in gathering the needed data from their various suppliers to provide an accurate report.
  • Scope 3 Reporting for CPG food brands and foodservice companies is available now, with capabilities for retailers and suppliers to follow in the first quarter of 2023.

GMO Announces Initial Net Zero Asset Targets

Retrieved on: 
Thursday, November 17, 2022

Grantham, Mayo, Van Otterloo LLC (GMO), a global investment manager, has released its initial net zero targets and transition plan.

Key Points: 
  • Grantham, Mayo, Van Otterloo LLC (GMO), a global investment manager, has released its initial net zero targets and transition plan.
  • In October 2021, GMO became a signatory of the Net Zero Asset Managers initiative (NZAM) and committed to reducing GMO investment portfolios net emissions to zero by 2050 or sooner, in line with efforts to limit global warming to 1.5 degrees Celsius.
  • GMO believes that climate change poses critical risks for the companies and countries in which it invests and that the net zero pledge will help to improve long-term investment outcomes for GMO clients.
  • GMO efforts to meet these goals will include growing the proportion of GMO investments in companies that have put in place science-based targets in line with net zero, engaging with issuers on net zero targets, refining its measurement capabilities to go beyond Scope 1 and 2 emissions to include Scope 3, developing new climate and net zero-aligned strategies, and partnering with the Grantham Foundation on climate solutions.

ADM and Partners Awarded Field to Market’s Collaboration of the Year Award for Regenerative Agriculture Project

Retrieved on: 
Wednesday, November 16, 2022

ADM (NYSE: ADM) and its partners, Keurig Dr Pepper, PepsiCo, and Practical Farmers of Iowa, have won the Field to Market: Alliance for Sustainable Agriculture 2022 Collaboration of the Year Award for their regenerative agriculture project supporting Nebraska farmers.

Key Points: 
  • ADM (NYSE: ADM) and its partners, Keurig Dr Pepper, PepsiCo, and Practical Farmers of Iowa, have won the Field to Market: Alliance for Sustainable Agriculture 2022 Collaboration of the Year Award for their regenerative agriculture project supporting Nebraska farmers.
  • The award, one of Field to Markets Sustainability Leadership Awards , recognizes an outstanding collaboration and cross-sector partnership in advancing continuous improvement in sustainable agriculture at the field and landscape level.
  • Since the start of the project in 2021, farmers participating in the project have planted more than the partnerships goal of 15,000 acres of cover crops.
  • In total, ADM has initiated 18 Field to Market projects that span across 13 U.S. states and 2 Canadian provinces, focused on corn, soy, and wheat production.

Clarity AI: Legacy Data Providers Have Discrepancies of More Than 20% in 13% of Direct Emissions Data

Retrieved on: 
Monday, November 21, 2022

When increasing the discrepancy threshold to more than 20%, leading data providers have discrepancies in one out of every eight data points.

Key Points: 
  • When increasing the discrepancy threshold to more than 20%, leading data providers have discrepancies in one out of every eight data points.
  • Data reliability is core to what we do, and we see huge benefits in using advanced technology to help ensure quality.
  • Clarity AI identified three problem areas legacy data providers can encounter when collecting data:
    Human Error: Human errors account for more than 80% of the errors found.
  • for emissions reporting inconsistently
    Incomplete Disclosures: Companies publish incomplete disclosures that omit relevant emissions (e.g., Scope 3 categories, regions/offices, business lines)
    At Clarity AI we rely on technology and data to solve reliability issues.

ACA’s ESG Data & Analytics Solution Certifies First ETF as Carbon Neutral

Retrieved on: 
Wednesday, November 16, 2022

We are proud to highlight ACAs expanded offerings in certifying the fund as carbon neutral.

Key Points: 
  • We are proud to highlight ACAs expanded offerings in certifying the fund as carbon neutral.
  • Our ESG Data & Analytics tool provides data and analytics for financial advisors, asset managers, institutions, and investors.
  • About the Carbon Neutral Certification:
    ACAs ESG Data & Analytics Team performs an independent analysis of a funds carbon footprint and carbon credits (offsets) to verify whether the fund is carbon neutral during a specified period.
  • As part of the Carbon Neutral Certification, ACA requires funds to submit proof of purchase of carbon credits from a list of approved providers of carbon credits (if the fund wishes to use carbon credits as part of the carbon neutral analysis).

aPriori Sustainability Insights Enables Manufacturers to Reduce their Carbon Impact; and Evaluate Product Cost, CO2e, and Performance Trade-offs

Retrieved on: 
Tuesday, November 15, 2022

aPriori today introduced Sustainability Insights for manufacturers to measure, reduce, and report on their products carbon footprint during product design and production.

Key Points: 
  • aPriori today introduced Sustainability Insights for manufacturers to measure, reduce, and report on their products carbon footprint during product design and production.
  • aPriori provides powerful new insights for manufacturers to reduce their product carbon footprint.
  • And we enable manufacturers to evaluate trade-offs and optimize product designs and production for cost, sustainability, and performance on a single platform.
  • Sustainability Insights will be available in Q1 2023 for aPriori Manufacturing Insights Platform cloud and on-premise customers.