Tag: emissions

Business leaders urge EU to increase 2030 emissions reduction target to at least 55%

Stuart Mitchell

Members of the European Corporate Leaders Group (CLG Europe) are supporting a significant increase in the EU greenhouse gas (GHG) emissions reduction target for 2030 in order to remain in line with climate neutrality by 2050. CLG Europe, a leading group of progressive businesses including Unilever, Coca Cola European Partners, Interface and Signify recognise that to achieve climate neutrality by 2050, businesses must take action and ramp up investment without delay and a higher target of at least 55 per cent by 2030 will help strengthen this case. In a position…

Read More

Best Buy sets first goal to help consumers reduce carbon emissions and save billions on utilities as it commits to further reduce its own carbon use

Stuart Mitchell

After reducing its carbon emissions more than 50 percent, Best Buy is committing to achieve an even greater impact. For the first time, the company has set a goal to help consumers reduce their carbon emissions by 20 percent and save $5 billion on utility costs by 2030, while it works to decrease its own emissions 75 percent over the same period. The new goals were announced today by Best Buy at the Circularity19 conference in Minneapolis and are included in its latest Corporate Responsibility and Sustainability Report. “Best Buy…

Read More

IFC Partners with Levi Strauss and Co. to Reduce Emissions, Water Use in Textile Factories

Stuart Mitchell

IFC, a member of the World Bank Group, and Levi Strauss & Co. (LS&Co.), one of the world’s leading brand name apparel companies, signed a cooperation agreement that will help LS&Co. meet its corporate sustainability objectives to reduce greenhouse gas emissions and water use in its supply chain. IFC will work with 42 designated LS&Co. suppliers and mills in 10 countries to identify and implement appropriate renewable energy and water-saving interventions that will reduce greenhouse gas emissions. The work, which will take place in Pakistan, Bangladesh, Sri Lanka, India, Mexico,…

Read More

BP commits $100 million to fund new emissions reductions projects

Stuart Mitchell

BP has announced that it has established a $100 million fund for projects that will deliver new greenhouse gas (GHG) emissions reductions in its Upstream oil and gas operations. The new Upstream Carbon Fund will provide significant further support to BP’s work generating sustainable greenhouse gas emissions reductions in its operations. In April 2018, BP set clear, near-term and specific targets aimed at reducing its emissions and advancing the energy transition, including achieving 3.5 million tonnes of sustainable GHG emissions reductions across the BP Group from 2016 to 2025 and…

Read More

DSM sets science-based reduction targets for emissions

Stuart Mitchell

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, announced that it has set new science-based reduction targets for greenhouse gas emissions. The new targets have been reviewed and approved by the Science Based Targets initiative and aligned with the Paris climate agreement. DSM is the first European company in its sector to join the group of almost 180 leading companies with validated science-based targets. DSM has committed to reducing 30% of its greenhouse gas emissions from direct production and purchased energy in absolute terms by 2030…

Read More