Del Monte Foods Announces Commitment to Net-Zero Emissions Goal

Del Monte Foods, Inc. has announced its commitment to achieve net-zero emissions by 2050 in line with the Science Based Targets Initiative’s (SBTi) Net–Zero Standard. To achieve this goal, the company has also committed to define near-term science-based targets to reduce Scopes 1, 2 and 3 carbon emissions that support SBTi’s focus on limiting global temperature rise to 1.5°C. Aligning with SBTi gives the company a clearly defined and measurable path to not only achieve its long-term goal of net-zero emissions by 2050, but also drive near-term and consistent progress for…

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Marsh McLennan Charts a Path to Net-Zero Across Its Operations by 2050

Marsh McLennan, a leading professional services firm in the areas of risk, strategy and people, recently announced its commitment to set and execute low-carbon transition strategies that chart a path to net-zero across its operations by 2050 and reduce its emissions by 50 percent by 2030. The company will also set an emission reduction target aligned with the Science Based Targets initiative’s criteria. The commitment is detailed in the company’s 2021 Environmental, Social and Governance (ESG) report, Accelerating Impact, which was released last week.   “We are proud to be…

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Cummins Adopts New Strategy to Reach Net-Zero Emissions by 2050

Cummins Inc. leaders this week introduced to employees a new strategy to reduce the greenhouse gas (GHG) and air quality impacts of its products, reaching net-zero emissions by 2050 in a sustainable way. The global power leader’s Destination Zero strategy unveiled Jan. 25 calls for changes to Cummins’ products and the energy sources that power them as well as collaboration with and leadership from governments, utilities and other industries. “Climate change is the existential crisis of our time, and we must work together to solve it,” said Tom Linebarger, Cummins…

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Sodexo among the first to achieve SBTi validation on net-zero target for UK business

Sodexo’s near and long-term science-based emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), as the business prioritises decarbonisation to reach net-zero emissions and reduce its impact on climate change. Sodexo announced recently that international experts, SBTi, have validated its net-zero science-based target by 2045* and long-term science-based target to reduce greenhouse gas (GHG) emissions by 90% across all scopes 1, 2 and 3 by 2045**. This long-term science-based target, set against a baseline of 2017, incorporates emissions created throughout Sodexo’s value chain, including its supply…

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Zurich aims for net-zero target in operations by 2030 instead of 2050

Zurich Insurance Group (Zurich) is bringing forward by 20 years its target to achieve net-zero emissions in its operations. It now aims to reach the goal by 2030, after implementing plans announced last year to achieve deep cuts in absolute emissions this decade. After that, emissions that cannot be avoided will be removed from the atmosphere. Zurich has signed carbon removal agreements with several suppliers of nature-based solutions, where it can have the biggest impact on the development of the carbon removal industry. It has made advance payments that will…

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