Tag: Science Based Targets

Yum China’s Science-Based Targets Approved, Aiming for Over 60% GHG Emissions Reduction by 2035

Stuart Mitchell

Yum China Holdings, Inc. has announced that the Science Based Targets initiative (SBTi) has approved the Company’s near-term science-based emissions reduction target, making the Company the first restaurant company in China to reach this milestone. Yum China has pledged to align its business with the most ambitious aim of the Paris Agreement, to limit global temperature rise to 1.5°C above pre-industrial levels and reach net-zero by 2050. Approval of the near-term science-based targets (SBTs) marks a significant milestone of the Company’s journey towards net-zero value chain GHG emissions by 2050.…

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The Science Based Targets initiative (SBTi) announces latest developments to cement its leading position and continue to drive exponential growth

Stuart Mitchell

The Science Based Target initiative (SBTi) is unveiling three important updates to accelerate the growth of corporate climate action. The initiative is: Moving ahead with incorporation as a stand-alone entity. Calling for nominations and applications for the new SBTi Technical Council and publishing its terms of reference. Urging all stakeholders to help shape our future work by completing our survey. Incorporation of the SBTi In June 2022, the Science Based Targets initiative (SBTi) announced its intention to incorporate as a formal institution, linked to but separate from its founding partners…

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DuPont Commits to Set Science-Based Targets for GHG Emissions Reduction

Stuart Mitchell

DuPont recently announced it has committed to setting science-based targets to reduce greenhouse gas (GHG) emissions in line with the Science Based Targets initiative (SBTi), a partnership between CDP, the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). As part of its commitment, DuPont plans to work closely with SBTi to determine GHG emissions reduction targets for Scope 1 and 2 emissions aligned with the Paris agreement which sets the goal of limiting global warming to 1.5°C. In addition, DuPont will also work…

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WWF and CI to Co-lead Launch of the Science Based Targets Network Ocean Hub

Stuart Mitchell

The Science Based Targets Network (SBTN) Ocean Hub officially launched its first workstream: Seafood Value Chains. World Wildlife Fund (WWF) and Conservation International (CI) will co-lead the workstream to help companies adopt a roadmap for integrated action on nature and climate. The announcement comes as world leaders meet in Lisbon, Portugal, for the United Nations Oceans Conference, focused on “Scaling up Ocean Action Based on Science and Innovation for the Implementation of Goal 14: Stocktaking, Partnerships, and Solutions.” “Our oceans today may be facing unprecedented challenges, but a nature-positive future…

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Grosvenor supports a third of its supply chain to achieve a science based target

Stuart Mitchell

38 SME suppliers start a path to a Science Based Target this week by participating in Grosvenor Property UK’s pioneering Net Zero Mentoring Programme. Building on the business’ experience of gaining a validated Science Based Target in 2021, Grosvenor has partnered with Heart of The City to create a free programme to help SME suppliers, with less than 500 employees, map and reduce their own carbon footprint. Over eight months, companies including Elliott Wood, TFT, Barr Gazetas and Collins Construction will gain support across workshops, clinic sessions and 1:1 mentoring…

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