55 Companies Ranked on Net Zero Emissions Reductions

Shareholder representative As You Sow has released “Road to Zero Emissions: 55 Companies Ranked on Net Zero Progress,” a report ranking companies on their progress in aligning emissions reductions with the 1.5-degree Paris Agreement goal. The report finds a significant number of companies are making progress in measuring and disclosing greenhouse gas (GHG) emissions, and many are setting GHG reduction targets, but the vast majority are not making progress in aligning year-on-year emissions reductions with global 1.5-degree climate goals. Of the 55 companies ranked, only three companies — Microsoft, PepsiCo,…

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Mars Pledges Fresh Climate Action to Achieve Net Zero Emissions Across Full Value Chain

Mars, Incorporated has announced its commitment to achieve net zero greenhouse gas (GHG) emissions across its full value chain by 2050, aligning with the most ambitious aim of the Paris Agreement to limit global temperature rises to 1.5 °C. This stepped-up commitment follows findings in the July Intergovernmental Panel on Climate Change (IPCC) report which reinforced the urgency of achieving net zero globally to prevent the worst impacts of global warming – a critical focus of next month’s COP26 Climate Conference in Glasgow. Mars is joining the Science Based Targets…

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BAT commits to net zero emissions by 2050

On Climate Action Day, BAT announced it has signed up to the UN-backed Race to Zero  campaign, committing to net zero emissions by 2050. Limiting the rise in average global temperature to 1.5°C above pre-industrial levels requires major and widespread action – and companies have an important role to play. BAT is therefore realigning its existing sustainability targets with this trajectory and committing to net-zero value chain emissions by no later than 2050. Race to Zero is the largest ever alliance committed to halving global emissions by 2030 and achieving…

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Scotland’s Railway on track for net zero emissions by 2035

The United Nations is encouraging countries to take action to protect our environment. This worldwide awareness includes rail networks, with Scotland’s Railway having a big part to play in reducing the industry’s carbon emissions to net zero by 2035. ScotRail and its partners are already making rail healthier by assisting in the fight against climate change and, the numbers from the train operator are impressive. Between 2014 and 2019 Scotland’s Railway electrified 325km of the country’s central railway network. This investment supported the introduction of a new £370m fleet of…

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bp and CEMEX team up on net zero emissions

bp and CEMEX, S.A.B. de C.V. have announced that they will work together on accelerating the ‎progress of CEMEX’s 2050 ambition to deliver net zero CO2 concrete globally. The two companies have agreed to a memorandum of understanding to develop ‎solutions to decarbonize the cement production process and transportation. These ‎potential solutions may include low carbon power, low carbon transport, energy ‎efficiency, natural carbon offsets, and carbon capture, utilisation and storage ‎technologies. Additionally, they intend to work together to develop urbanization solutions ‎envisioned to decarbonize cities.‎ ‎“Concrete plays an integral…

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