Tag: Net Zero

Lenovo Commits to Net-Zero Emissions by 2050, Validated by Science Based Targets Initiative

Stuart Mitchell

Lenovo has announced its goal to reach net-zero greenhouse gas (GHG) emissions by 2050, validated and approved by the Science Based Targets initiative (SBTi), a partnership between the UN Global Compact, CDP and World Wide Fund for Nature. By working with SBTi and aligning to their Net-Zero Standard (the world’s first), Lenovo is taking a scientific, collaborative and accountable approach to reducing emissions. “As a global technology leader, Lenovo has been committed to reducing its emissions for more than a decade,” said Lenovo Chairman Yuanqing Yang. “In the fight against…

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NatWest Group to provide £1 Billion in additional lending to UK Manufacturing to support Net Zero transition

Stuart Mitchell

NatWest Group has announced that, from today, it aims to provide an additional £1 billion in lending to the UK Manufacturing sector by the end of 2030, aiming to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy generation and use, with lending deployed through loans, asset finance, and overdrafts. Manufacturing in the UK is responsible for nearly 10% of total economic output, and over 8% of all employment in the UK[i]. However, it is a significant contributor to greenhouse gas emissions, with…

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Arcus FM launches Net Zero Pathway

Stuart Mitchell

The topic of environment and sustainability is nothing new in the facilities management sector and has been a hot topic for many years with companies launching a plethora of initiatives. The UN are now describing the climate crisis as a “code red for humanity”, and the universal aim to not allow temperatures to rise to more than 1.5°C above pre-industrial levels is being described as “still possible, but we are dangerously close to that threshold” by the Intergovernmental Panel on Climate Change. More concerted and all-encompassing actions are needed by…

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Port of Aberdeen investing £55 million to become UK’s first net zero port

Stuart Mitchell

Port of Aberdeen has recently announced its commitment to invest £55 million over the next 10 years to become the UK’s first net zero port by 2040. This means being an exemplar and targeting net zero emissions from vessels visiting the port (scope 3), as well as the port’s own operations (scope 1 and 2). Bob Sanguinetti, Chief Executive, Port of Aberdeen, said: “Today we launched our net zero strategy with the aim of becoming the UK’s first net zero port by 2040. Strong partnerships and investment across the public…

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Climate Strategy: the L’OCCITANE Group announces its net-zero roadmap

Stuart Mitchell

Through an ambitious Climate Strategy, the L’OCCITANE Group has committed to reaching a science–based net–zero target across all its brands. Focusing on continuing to reduce its greenhouse gas (GHG) emissions by 2031 and achieving net–zero emissions by 2050, its targets have been validated by the Science Based Targets initiative (SBTi). SBTi (sciencebasedtargets.org) encourages companies to address the climate challenge in ways that scientists believe are necessary to achieve the Paris Agreement goals. ‘We are aiming to achieve ambitious targets with this commitment. Although our company has many options for transforming…

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