Tag: science-based targets

Walmart Creates Industry First by Introducing Science-Based Targets for Supply Chain Finance Program

Stuart Mitchell

Walmart has raised the bar on climate action by creating a supply chain finance program that not only enables greenhouse gas (GHG) emissions reductions, but for the first time, uses science-based targets to do so in a way that aims for a 1.5-degree Celsius pathway. Working alongside HSBC and CDP, the program will help Walmart’s private brand suppliers – particularly small and medium-sized businesses – by introducing enhanced standards, tools and capacity building to help them upskill and in turn align their operations with transparent sustainability objectives. The announcement marks…

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Dassault Systèmes Commits for Sustainability: Science-Based Targets Approved and Net Zero Emissions Timeline Set

Stuart Mitchell

Dassault Systèmes has announced that the Science Based Targets initiative (SBTi) has approved its greenhouse gas emissions reduction targets, which are in line with the Paris Agreement and SBTi best practice guidance. The company has also committed to achieve net zero emissions by 2040 to help drive sustainability at a global scale and high pace with the use of Virtual Twin Experiences.   The approved targets cover emissions from Dassault Systèmes’ own operations – scopes 1 and 2 – which are consistent with reductions required to keep warming to 1.5…

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Deckers Sets Science-Based Targets and Releases Its FY21 Creating Change Report

Stuart Mitchell

Deckers Brands, a global leader in ­­­designing, marketing, and distributing innovative footwear, apparel and accessories, today announced it has set science-based targets to establish a path to reduce its emissions and released its Fiscal Year 2021 Corporate Responsibility and Sustainability Report, Creating Change. Deckers’ Creating Change report details its aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain, and communities worldwide. In addition, the report highlights achievements from the reporting year April 1, 2020 through March 31, 2021. “I am proud of our bold commitment to…

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Sainsbury’s announces ambitious science-based targets for Scope 1, 2 and 3 as part of journey to net zero

Stuart Mitchell

Sainsbury’s has announced plans to significantly reduce Greenhouse Gas (GHG) emissions with approved science-based targets in its operations and across the supply chain. As part of this, the retailer will work with a number of suppliers on developing and meeting their own Scope 1 and 2 targets, including through supplier engagement programmes with CDP and the Higg Index. The Science Based Targets initiative (SBTi) has approved Sainsbury’s science-based target for Scopes 1, 2 and 3. For Scope 1 and 2, these, include the reduction of GHG emissions from Sainsbury’s own…

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The Estée Lauder Companies Reaches Milestone Climate Goals – Net Zero, RE100 – and Sets New Science-Based Targets

Stuart Mitchell

The Estée Lauder Companies (ELC) has announced that it has achieved Net Zero emissions and sourced 100% renewable electricity globally for its direct operations, reaching the target it set on joining RE100. Building upon this achievement, the company has also met its goal to set science-based emissions reduction targets for its direct operations and value chain, positioning the company to take even more decisive action against climate change in the coming decade. “Today’s announcement signals a new level of ambition and dedication to climate action for The Estée Lauder Companies.…

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