Go-Ahead’s carbon reduction targets validated by the Science Based Targets initiative

The Go-Ahead Group is pleased to announce that its emissions reduction targets have been approved by the Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement. In a climate change strategy published last month, Go-Ahead announced that it intends to lead the UK transport industry in carbon reduction by achieving a 75% cut in emissions by 2035, and by becoming a fully carbon neutral company by 2045. This will involve a wholesale shift in technology, including converting the group’s fleet of…

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Formula E becomes first sport to join Science Based Targets initiative to tackle global warming

The ABB FIA Formula E World Championship has today become the first sport in the world to join the Science Based Targets initiative (SBTi) and the Business Ambition Pledge for 1.5°C commitment. The SBTi is a partnership between the United Nations Global Compact, World Resources Institute (WRI), CDP and the World Wide Fund for Nature (WWF) and is the lead partner of the Business Ambition for 1.5°C campaign – an urgent call to action from a global coalition of UN agencies, business and industry leaders, mobilizing companies to set net-zero…

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Kingfisher plc announces new 2025 carbon reduction targets, approved by the Science Based Targets initiative (SBTi)

Kingfisher plc, the international home improvement retailer whose businesses include B&Q and Screwfix, today announces ambitious new carbon reduction targets consistent with reductions required to keep global warming to 1.5°C, the most ambitious goal of the Paris Climate Agreement. The new targets have now been approved by the Science Based Targets initiative, and replace Kingfisher’s previous targets, which it met four years ahead of schedule. Kingfisher has committed to*: Reduce Scope 1 & 2 emissions from property and transport by c.38% in absolute terms by 2025, compared to 2016; and…

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Science Based Targets initiative launches process to develop first science-based global standard for corporate net-zero targets

The Science Based Targets initiative (SBTi) has launched a process to develop the first science-based global standard for corporate net-zero target setting, to ensure that companies’ net-zero targets translate into action that is consistent with achieving a net-zero world by no later than 2050. The process is marked with the publication of a new paper that lays out the conceptual foundations for credible, science-based net-zero targets for the corporate sector. The 2018 Special Report on 1.5°C from the Intergovernmental Panel on Climate Change (IPCC) warned that global emissions must drop…

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thyssenkrupp climate targets approved – science-based and in line with global climate agreement

The Science Based Targets initiative (SBTi) has approved thyssenkrupp’s climate targets. At the same time the organization has confirmed that thyssenkrupp is acting in line with the goals of the 2015 Paris climate conference, where the international community agreed to limit future global warming to well below two degrees. The SBTi is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Its aim is to establish science-based climate targets as standard business practice, by defining and promoting best…

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