Tag: Carbon Neutrality

Merck Accelerates Climate Goals; Announces Carbon Neutrality in Operations by 2025

Stuart Mitchell

Merck has announced ambitious goals to achieve carbon neutrality across its operations by 2025 (Scopes 1 & 2 emissions) and a 30% reduction in its value chain emissions by 2030 (Scope 3 emissions).[1] These goals are aligned with science and build on Merck’s long-standing focus on preventing the worst impacts of climate change and supporting the global effort to achieve the Paris Agreement goals by reducing demand for energy and minimizing greenhouse gas (GHG) emissions. Merck will achieve carbon neutrality in its operations with ongoing innovation to increase efficiency and reduce…

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3M commits to achieving carbon neutrality, reducing water use, and improving water quality

Stuart Mitchell

3M has announced it expects to invest approximately $1 billion over the next 20 years to accelerate new environmental goals: achieve carbon neutrality by 2050, reduce water use by 25% at its facilities, and return higher quality water to the environment after use in manufacturing operations.  “As we grow 3M, we will lead in environmental stewardship, social equity and justice, and corporate governance,” said 3M chairman and CEO Mike Roman. “We are taking action now to bend the curve on carbon emissions and water use, and improve water quality. Our…

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New 3M Goals for Carbon Neutrality, Reduced Water Use, and Improved Water Quality Draw Industry Attention

Stuart Mitchell

3M has announced its plans to invest approximately $1 billion over the next 20 years to accelerate new environmental goals: achieve carbon neutrality by 2050, reduce water use by 25% at its facilities, and return higher quality water to the environment after use in manufacturing operations. “As we grow 3M, we will lead in environmental stewardship, social equity and justice, and corporate governance,” said 3M chairman and CEO Mike Roman. “We are taking action now to bend the curve on carbon emissions and water use, and improve water quality. Our…

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Takeda Achieved Carbon Neutrality in 2020

Stuart Mitchell

Takeda Pharmaceutical Company Limited has announced that it achieved carbon neutrality in its value chain for its fiscal year 2019. This achievement was delivered by a continued focus on internal energy conservation measures, procurement of green energy, and investment in renewable energy certificates and high-quality, verified carbon offsets. These actions collectively address 100 percent of Takeda’s fiscal year 2019 scope 1, 2, and 3 emissions1 and represent a significant milestone in Takeda’s sustainability journey. “This important milestone underscores our commitment to environmental sustainability as we recognize that climate change poses…

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Fifth Third Achieves Carbon Neutrality

Stuart Mitchell

Fifth Third have announced that it has achieved carbon neutrality for its operations in 2020, including greenhouse gas emissions from its facilities and business travel. This achievement was accomplished by directly reducing the Company’s corporate carbon footprint, purchasing renewable power and utilizing carbon offsets from a project in its retail footprint for remaining emissions. “Becoming the first regional U.S.-based commercial bank to achieve carbon neutrality demonstrates Fifth Third’s unequivocal commitment to environmental sustainability leadership in the financial services industry,” said Fifth Third Chairman and CEO Greg D. Carmichael. “Achieving and…

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