Day: 13 May 2022

Apple helps suppliers rapidly accelerate renewable energy use around the world

Stuart Mitchell

Apple has announced that its suppliers more than doubled their use of clean power over the last year, with over 10 gigawatts operational today out of nearly 16 gigawatts in total commitments in the coming years. In 2021, these renewable projects avoided 13.9 million metric tons of carbon emissions. The projects online today will support greenhouse gas reductions equivalent to removing 3 million cars from the road for one year. Apple is constantly working with its global supply chain to accelerate and support its transition to clean energy. As of…

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New Ceres report identifies seven sectors putting global freshwater resources at risk

Stuart Mitchell

A new report released by the sustainability nonprofit Ceres reveals how industry practices are driving five critical threats to global freshwater systems – groundwater depletion, metal contamination, plastic pollution, water diversion and transfer and eutrophication. The analysis also makes clear that 12 key industries within seven sectors – including frequent offenders like Food Products and Textiles and Apparel and others that are not typically top-of-mind, such as Pharmaceuticals and Semiconductors – stand out as the biggest contributors to these threats, undermining the functionality of global freshwater systems that underpin global…

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Truist Releases TCFD Report

Stuart Mitchell

Truist Financial Corporation has released its first Task Force on Climate-Related Financial Disclosures (TCFD) Report, adding further context and disclosures to previous CSR and ESG reports. The 2021 TCFD report focuses on the company’s efforts to transparently measure and share climate-related risks, opportunities, goals and progress. The report outlines the actions that Truist has taken to establish its climate-related governance and strategy following the merger of BB&T and SunTrust in December 2019. The report also summarizes how the company addresses each of the TCFD’s disclosure recommendations, including progress against its emissions…

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Hyundai Mobis announced ‘2045 Net-Zero Roadmap’

Stuart Mitchell

Hyundai Mobis announces the roadmap to Net-Zero under a vision of “Green Transformation to 2045 Net-Zero”. The company recently joined the Science Based Targets initiative (SBTi) for the first time in Korean automobile industry to go further and faster on the road to reach its 2045 destination. The SBTi is a global campaign offering companies a way to set verified decarbonization targets with long-term emissions reduction plans. By joining the initiative, Hyundai Mobis will receive certification in two years based on strategic tracking of the company’s goals. By 2030, Hyundai…

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PRCA welcomes UK’s ban on service exports to Russia

Stuart Mitchell

The Public Relations and Communications Association (PRCA) has welcomed a UK Government ban on service exports to Russia, which includes a focus on public relations and communications services.  The new measures, announced today by Foreign Secretary Liz Truss, mean Russia’s businesses can no longer benefit from public relations and communications services in the UK. The PRCA has previously warned all members to sever ties with organisations linked to Russia. PRCA Director General and ICCO Chief Executive Francis Ingham commented: “The PRCA strongly welcomes this news. Nobody with any conscience can…

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