Tag: Net Zero Emissions

Mastercard Pledges Net Zero Emissions; Innovates for Collective Climate Action

Stuart Mitchell

Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.  Understanding that economic growth cannot come at the expense of the planet, the company’s global action plan aims to continue to reduce greenhouse gases (GHG) by remaining focused on the decarbonization of its operations and bolstering its efforts to decarbonize its supply chains. Mastercard’s net zero goal builds upon its existing GHG commitments that align with the Business Ambition for 1.5°C pledge.  The first in the…

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Leading Asset Managers Commit to Net Zero Emissions Goal with Launch of Global Initiative

Stuart Mitchell

Asset managers representing over $9 trillion of assets under management (AUM) today announced the launch of the Net Zero Asset Managers initiative. This is a leading group of global asset managers that commit to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C. They also commit to support investing aligned with net zero emissions by 2050 or sooner. Delivery of the commitment also includes prioritizing the achievement of real economy emissions reductions within the sectors and…

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BlackRock Unveils New Offering to Power Investors’ Transition to Net Zero Emissions

Stuart Mitchell

Building on BlackRock’s strength in risk management through the Aladdin platform, BlackRock has announced it has created Aladdin Climate to meet the urgent need among financial institutions and investors to quantify climate risk in their portfolios as the physical toll of climate change mounts and the global transition to net zero emissions accelerates. Aladdin Climate is the first software application to offer investors measures of both the physical risk of climate change and the transition risk to a low-carbon economy on portfolios with climate-adjusted security valuations and risk metrics. Using…

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​​​​​Tetra Pak commits to net zero emissions

Stuart Mitchell

Tetra Pak has reconfirmed its strategic priority in driving the sustainability transformation by setting an ambition for net zero emissions across the value chain by 2050, supporting this with an intermediate 2030 target of net zero carbon emissions across its own operations. The company will also set emissions reduction targets in line with 1.5°C according to the Science Based Targets (SBT) initiative across scopes 1, 2 and 3. Tetra Pak was founded on the idea that a package should save more than it costs, with sustainability always at the core…

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ICT Industry Agrees Landmark Science-Based Pathway to Reach Net Zero Emissions

Stuart Mitchell

The ICT industry is today taking an unprecedented step forward in tackling climate change with the release of the first-ever science-based pathway to reduce Greenhouse Gas (GHG) emissions across the telecoms sector. This supports the GSMA’s commitment to helping the mobile industry achieve Net Zero carbon emissions by 2050. The new Science-Based Target (SBT) is the result of a collaboration between the ITU, GeSI, the GSMA, and SBTi to develop a sector-specific decarbonisation pathway that allows ICT companies to set targets in line with the latest climate science. It includes…

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