Equinor sets ambition to reach net-zero emissions by 2050

Equinor announces its ambition to become a net-zero energy company by 2050. The ambition includes emissions from production and final consumption of energy. It sets a clear strategic direction and demonstrates Equinor’s continued commitment to long-term value creation in support of the Paris Agreement. “Equinor is committed to being a leader in the energy transition. It is a sound business strategy to ensure long-term competitiveness during a period of profound changes in the energy systems as society moves towards net zero. Over the coming months, we will update our strategy…

Read More

Total adopts a new Climate Ambition to Get to Net Zero by 2050

Total announces today its ambition to get to net-zero emissions by 2050 together with society for its global business across its production and energy products used by its customers.. Through a joint statement developed between Total S.A. and institutional investors – as participants in the global investor initiative Climate 100+1 – Total takes 3 major steps towards achieving this ambition:  Three major steps to get Total to Net Zero: Net Zero across Total’s worldwide operations by 2050 or sooner (scope 1+2) Net Zero across all its production and energy products…

Read More

Shell updates investors on plans to become net-zero by 2050

Royal Dutch Shell plc (Shell) has updated investors on plans to become a net-zero emissions energy business by 2050 or sooner (covering scope one, two and three emissions). The detailed steps, were outlined at Shell’s Responsible Investment Annual Briefing, included: An ambition to be net zero on all the emissions from the manufacture of all our products (scope one and two) by 2050 at the latest; Accelerating Shell’s Net Carbon Footprint ambition to be in step with society’s aim to limit the average temperature rise to 1.5 degrees Celsius in…

Read More

BP sets ambition for net zero by 2050, fundamentally changing organisation to deliver

BP has set a new ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. The ambition is supported by ten aims:  Five aims to get BP to net zero: Net zero across BP’s operations on an absolute basis by 2050 or sooner.  Net zero on carbon in BP’s oil and gas production on an absolute basis by 2050 or sooner. 50% cut in the carbon intensity of products BP sells by 2050 or sooner. Install methane measurement at all…

Read More

Nestlé Accelerates Action to Tackle Climate Change and Commits to Zero Net Emissions by 2050

Nestlé has announced its ambition to achieve zero net greenhouse gas emissions by 2050. It embraces the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C. Ahead of the U.N. Secretary-General’s Climate Action Summit this month, Nestlé will sign the ‘Business Ambition for 1.5°C’ pledge. With this announcement Nestlé is accelerating its climate change efforts. This builds on a decade of work to reduce greenhouse gas emissions. Over the past four years, Nestlé has aligned its objectives with science-based targets to keep the temperature increase…

Read More