Tag: Net Zero

Roadmaps to nature positive: Guidelines to accelerate business accountability, ambition and action for a nature-positive future

Stuart Mitchell

The World Business Council for Sustainable Development (WBCSD) with 60 leading companies and partners are developing business guidance for actions to align strategies with the shared goal of a nature-positive planet by 2030 – Roadmaps to Nature Positive Guidelines to accelerate business accountability, ambition and action for a nature-positive future This guidance provides a checklist of actions to assess, commit, transform and disclose performance. In addition, we identify six value-chain specific objectives for business to collectively embark on, aligning nature action with climate action, including assessing materiality, setting targets, deploying resources, supporting…

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ReNew Commits to Net Zero by 2040 and Bolsters ESG Targets

Stuart Mitchell

ReNew Energy Global PLC, India’s leading clean energy company, recently announced its ESG targets including a commitment to hit net zero by 2040 through its latest sustainability report for FY 2021-22. The 2040 commitment is 30 years ahead of India’s 2070 target and more ambitious than the net zero targets of many global energy companies. ReNew intends to achieve this through a comprehensive programme of measures. This will include energy efficiency improvements across offices and sites, clean energy procurement, electrification of fossil-fuel-based equipment, encouraging suppliers for setting SBTi aligned targets,…

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Prologis Commits to Net Zero Emissions by 2040

Stuart Mitchell

Prologis, the global leader in logistics real estate, today announced its commitment to achieve net zero emissions across its value chain by 2040. The company also released its annual environmental, social and governance (ESG) performance report. “Prologis has always been ambitious in our sustainability efforts, and our new net zero goal is no exception,” said Prologis Co-founder, CEO and Chairman Hamid R. Moghadam. “We’re proud of the support we’re providing our customers in achieving their sustainability goals. Prologis continues to be an industry leader in finding innovative ways to decarbonize…

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Bank of America Announces 2030 Financing Activity Targets as Part of Net Zero Commitment

Stuart Mitchell

Bank of America announced 2030 targets for reducing emissions associated with financing activities related to three key sectors: auto manufacturing, energy and power generation. The targets are outlined in the company’s Approach to Zero™, which details Bank of America’s net zero greenhouse gas emissions approach and target setting process. “This work goes hand in hand with the way we are engaging our clients – those that have set their own net zero goals, those working toward future goals, and those that are in the supply chain of companies that have…

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GAM set net zero targets for 2030 in countdown to COP27

Stuart Mitchell

GAM Investments have announced its short-term net zero targets, in line with its commitment to the Net Zero Asset Managers initiative (NZAM). GAM’s targets cover more than a third of its assets under management (AuM) in Investment Management. This includes all funds classified as equity or corporate fixed income. GAM’s AuM in Investment Management as at 30 June 2022 was USD 32.9 billion. This comes as the countdown to COP27 is in full swing, with the key climate talks taking place in Sharm el-Sheikh, Egypt in just over two months.…

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