Tag: emissions

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…

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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…

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Ford Hits CO2 Manufacturing Emissions Reduction Target Eight Years Early

Stuart Mitchell

Ford Motor Company has announced, as part of its 19th annual Sustainability Report, it has met its goal to reduce manufacturing emissions – eight years ahead of schedule. In 2010, Ford’s Environmental Quality Office announced a goal – to reduce the company’s carbon dioxide emissions from manufacturing operations by 30 percent per vehicle produced by 2025. Ford hit the target twice as fast as expected. The results are dramatic, with a global manufacturing CO2 emissions reduction of more than 3.4 metric tons from 2010 to 2017 – equivalent to greenhouse…

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McDonald’s Becomes the First Restaurant Company to Set Approved Science Based Target to Reduce Greenhouse Gas Emissions

Stuart Mitchell

McDonald’s has announced it will partner with franchisees and suppliers to reduce greenhouse gas emissions related to McDonald’s restaurants and offices by 36% by 2030 from a 2015 base year in a new strategy to address global climate change. Additionally, McDonald’s commits to a 31% reduction in emissions intensity (per metric ton of food and packaging) across its supply chain by 2030 from 2015 levels. This combined target has been approved by the Science Based Targets initiative (SBTi). Through these actions, McDonald’s expects to prevent 150 million metric tons of…

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