Tag: Net Zero

Net Zero Standard for North American Banks released as a guide for investors and banks

Stuart Mitchell

Ceres has released a Net Zero Standard for North American Banks, setting out investor expectations for U.S. and Canadian banks on transitioning to a net zero emissions economy. Based on the Net Zero Standard for Banks published June 5th, 2023 by the Institutional Investor Group on Climate Change (IIGCC) and developed in consultation with the Transition Pathway Initiative Global Climate Transition Center, the Standard has been adapted for the North American market and is a guide for investors to use in engaging with banks and for banks to use in…

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JCDecaux unveils its Climate Strategy aimed at achieving Net Zero Carbon by 2050

Stuart Mitchell

JCDecaux SE, the number one outdoor advertising company worldwide unveils its Climate Strategy which further proves its commitment to reducing its carbon footprint across its entire value chain. The strategy is based on three principles: Measure, Reduce, Contribute. It aims for Net Zero Carbon by 2050 (scopes 1, 2, and 3)*. This initiative reaffirms the JCDecaux Group’s commitment to an active participation in the fight against climate change by adopting eco-responsible practices and promoting sustainable innovation in its business practices. JCDecaux, a service-driven and sustainable media Since its very beginning…

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Report Shows That Inflation Reduction Act Alone Won’t Set United States on Track for Net Zero

Stuart Mitchell

The US’s transition to a net-zero economy by 2050 represents a $30 trillion investment opportunity in the country’s energy system by 2050, according to the New Energy Outlook: US report, published recently by research company BloombergNEF (BNEF). The report details a pathway for the US energy system to reach net-zero emissions by 2050 using the lowest cost technologies available. This so-called Net Zero Scenario (NZS) is presented alongside two other scenarios: a Policy Scenario evaluating the decarbonizing impact of key provisions of the Inflation Reduction Act, and an Economic Transition…

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John Lewis Partnership first UK retailer to set net-zero science-based targets

Stuart Mitchell

The John Lewis Partnership has become the first retailer in the UK to have its net-zero science-based targets validated by the official body that validates climate targets.  The Science Based Targets initiative (SBTi) – the gold standard for setting and monitoring corporate climate targets – has validated the Partnership’s target to become net-zero across its own operations by 2035, and wider supply chain by 2050. The achievement demonstrates the Partnership’s clear commitment to play our part to limit the global temperature rise to 1.5°C – as called for in the…

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Cereal Partners Worldwide commits to achieving net zero emissions by 2050

Stuart Mitchell

Cereal Partners Worldwide (CPW), the makers of Nestlé Breakfast Cereals, announces the release of its 2050 Net Zero Roadmap. The roadmap sets out CPW’s aims to halve its greenhouse gas emissions by 2030 and reach net zero by 2050.  The Net Zero Roadmap is one of the ways CPW is living up to its purpose to Make Breakfast Better. The data-driven roadmap outlines the initiatives CPW is taking throughout its value chain to reach its target, from sourcing ingredients to making and shipping its products.   David Clark, President & CEO at…

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