Science Based Targets initiative

ReNew Chairman and CEO Sumant Sinha to Lead Global Climate Action as Alliance Co-Chair

Retrieved on: 
Monday, July 15, 2024

Mr. Sumant Sinha, Chairman and CEO of ReNew, has been named Co-Chair of the Alliance of CEO Climate Leaders, the largest CEO-led climate alliance in the world, and a flagship initiative of the World Economic Forum.

Key Points: 
  • Mr. Sumant Sinha, Chairman and CEO of ReNew, has been named Co-Chair of the Alliance of CEO Climate Leaders, the largest CEO-led climate alliance in the world, and a flagship initiative of the World Economic Forum.
  • Mr. Sinha said, “The Alliance of CEO Climate Leaders has been instrumental in driving systemic action and fostering public-private collaboration in the global energy transition.
  • Since the World Economic Forum’s Annual Meeting in 2022, Sumant Sinha has also served as Co-Chair of the India chapter of the Alliance of CEO Climate Leaders.
  • Gim Huay Neo, Managing Director of the World Economic Forum, commented, “The Alliance of CEO Climate Leaders is vital in scaling and accelerating climate action.

BorgWarner Releases 2024 Sustainability Report

Retrieved on: 
Thursday, July 11, 2024

Reduced Scope 1 & 2 greenhouse gas emissions by 32% through 2023 from a 2021 baseline, making progress toward the goal of carbon neutral operations in 2035

Key Points: 
  • Reduced Scope 1 & 2 greenhouse gas emissions by 32% through 2023 from a 2021 baseline, making progress toward the goal of carbon neutral operations in 2035
    Filled 64% of leadership positions internally in 2023, underscoring emphasis on investing in and growing talent organically
    AUBURN HILLS, Mich., July 11, 2024 /PRNewswire/ -- BorgWarner published its 2024 Sustainability Report, "Driving Progress."
  • The report shares the company's progress toward meeting its sustainability goals.
  • "BorgWarner's longstanding vision is a clean, energy efficient world, and I am proud to lead a company where our business goals go hand-in-hand with our sustainability goals," said Frédéric Lissalde, President and CEO, BorgWarner.
  • At BorgWarner, sustainability means delivering value to all stakeholders for today and tomorrow.

Marriott International Highlights ESG Progress in Annual Serve 360 Report

Retrieved on: 
Wednesday, July 10, 2024

BETHESDA, Md., July 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2024 Serve 360 Report highlighting the company's global Environmental, Social, and Governance ("ESG") efforts and progress towards its 2025 Sustainability and Social Impact Goals .

Key Points: 
  • BETHESDA, Md., July 10, 2024 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2024 Serve 360 Report highlighting the company's global Environmental, Social, and Governance ("ESG") efforts and progress towards its 2025 Sustainability and Social Impact Goals .
  • "At Marriott International, we take great pride in our longstanding focus on the fundamental principles of taking care of people, our communities, and the planet," said Anthony Capuano, President and CEO, Marriott International.
  • The Report outlines, among other topics, data on company efforts related to sustainable operations, diversity and inclusion, volunteerism, and other ESG activities led by Marriott associates and hotels around the world.
  • At year-end 2023, more than 7,100 EV chargers were installed at more than 1,800 Marriott properties around the world.

BD Surpasses Scope 1 and 2 Reduction Milestones for FY 2023

Retrieved on: 
Wednesday, July 10, 2024

This furthers the company's progress toward its goal to reach net zero GHG emissions across its value chain by FY 2050.

Key Points: 
  • This furthers the company's progress toward its goal to reach net zero GHG emissions across its value chain by FY 2050.
  • In FY 2023, the company reported an 18 percent reduction of Scope 1 and Scope 2 GHG emissions (from a FY 2019 baseline), surpassing its target of 13 percent for the year.
  • Additionally, BD doubled the number of sites that are now using Green Electric Power and on-site renewables (solar power) since FY 2019.
  • BD's emissions reduction goals, as well as other achievements across the company's 2030+ corporate sustainability goals, are reported in the Fiscal Year 2023 Together We Advance Corporate Sustainability Report , issued today.

37 Interactive Entertainment's Near term Targets Have Been Validated By SBTi

Retrieved on: 
Tuesday, July 9, 2024

WASHINGTON, July 9, 2024 /PRNewswire/ -- Recently, 37 Interactive Entertainment's Near Term targets for promoting greenhouse gas emissions reduction have been officially validated by the Science Based Targets initiative (SBTi).

Key Points: 
  • WASHINGTON, July 9, 2024 /PRNewswire/ -- Recently, 37 Interactive Entertainment's Near Term targets for promoting greenhouse gas emissions reduction have been officially validated by the Science Based Targets initiative (SBTi).
  • This has been another international recognition that 37 Interactive Entertainment gained in the field of environmental practice.
  • The SBTi validated Near Term targets for 37 Interactive Entertainment are as follows:
    37 Interactive Entertainment commits to reduce absolute scope 1 and 2 GHG emissions 74.3% by 2027 to a 2019 base year.
  • According to the latest data from SBTi, 37 Interactive Entertainment became the 79th listed company in the Greater China region and the 3rd listed company in A-share market validated by SBTi.

37 Interactive Entertainment's Near term Targets Have Been Validated By SBTi

Retrieved on: 
Tuesday, July 9, 2024

WASHINGTON, July 9, 2024 /PRNewswire/ -- Recently, 37 Interactive Entertainment's Near Term targets for promoting greenhouse gas emissions reduction have been officially validated by the Science Based Targets initiative (SBTi).

Key Points: 
  • WASHINGTON, July 9, 2024 /PRNewswire/ -- Recently, 37 Interactive Entertainment's Near Term targets for promoting greenhouse gas emissions reduction have been officially validated by the Science Based Targets initiative (SBTi).
  • This has been another international recognition that 37 Interactive Entertainment gained in the field of environmental practice.
  • The SBTi validated Near Term targets for 37 Interactive Entertainment are as follows:
    37 Interactive Entertainment commits to reduce absolute scope 1 and 2 GHG emissions 74.3% by 2027 to a 2019 base year.
  • According to the latest data from SBTi, 37 Interactive Entertainment became the 79th listed company in the Greater China region and the 3rd listed company in A-share market validated by SBTi.

Husqvarna Group - One of the World's Most Sustainable Companies according to TIME and Statista

Retrieved on: 
Monday, July 8, 2024

STOCKHOLM, July 8, 2024 /PRNewswire/ -- Husqvarna Group has been acknowledged by TIME and Statista as one of the world's most sustainable companies in their 2024 ranking.

Key Points: 
  • STOCKHOLM, July 8, 2024 /PRNewswire/ -- Husqvarna Group has been acknowledged by TIME and Statista as one of the world's most sustainable companies in their 2024 ranking.
  • When TIME and Statista acknowledged the 500 companies Doing best for the Earth in 2024, Husqvarna Group achieved an impressive ranking of 183rd.
  • TIME and Statista's ranking of the world's most sustainable companies aims to identify organizations making substantial progress in environmental sustainability.
  • Husqvarna Group is proud to be one of the highest-ranked companies in the world, showcasing leadership and dedication to sustainability on a global stage," says Calle Medin, Head of Sustainability at Husqvarna Group.

CN Announces Net-Zero Target Approved by Science Based Targets initiative

Retrieved on: 
Wednesday, July 3, 2024

CN has realized a 30.8% progress towards its 2030 target.

Key Points: 
  • CN has realized a 30.8% progress towards its 2030 target.
  • CN diverted approximately 94% of its waste from landfill, nearly achieving its annual target.
  • CN improved its injury frequency rate by 13% from 2022, based on the Federal Railroad Administration (FRA) methodology.
  • Forward-looking statements may be identified by the use of terminology such as “believes”, “expects”, “anticipates”, “assumes”, “outlook”, “plans”, “targets” or other similar words.

Gildan Recognized on Corporate Knights’ Best 50 Corporate Citizens and TIME’s World’s Most Sustainable Companies

Retrieved on: 
Friday, June 28, 2024

MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been recognized as one of the Best 50 Corporate Citizens in Canada by Corporate Knights for the third consecutive year.

Key Points: 
  • MONTREAL, June 28, 2024 (GLOBE NEWSWIRE) -- Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been recognized as one of the Best 50 Corporate Citizens in Canada by Corporate Knights for the third consecutive year.
  • Gildan is the only company in the Textiles & Clothing Manufacturing peer group to be included.
  • In addition, Gildan has been included in the inaugural edition of TIME’s World Most Sustainable Companies, and is one of only 12 Canadian companies featured on this global list.
  • TIME’s inaugural edition of the World’s Most Sustainable Companies 2024 identifies the top 500 companies from over 5,000 of the world’s largest and most influential companies, assessed on over 20 key data points.

Amkor’s Science-Based Net-Zero Targets Approved by SBTi

Retrieved on: 
Friday, June 28, 2024

Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, announced today that the Science Based Targets initiative (SBTi) has verified Amkor’s near- and long-term science-based emissions reduction targets.

Key Points: 
  • Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, announced today that the Science Based Targets initiative (SBTi) has verified Amkor’s near- and long-term science-based emissions reduction targets.
  • Near-Term Targets: Amkor commits to reduce absolute scope 1 and 2 GHG emissions 55% by 2033 from a 2022 base year.
  • Long-Term Targets: Amkor commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2022 base year.
  • Consequently, decarbonization will become increasingly crucial for Amkor.”
    With targets successfully approved by SBTi, Amkor’s focus now shifts to execution.