Science-Based Targets

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Major emissions sources for EY include office energy use, business travel and the supply chain

EY targets carbon negativity for 2021

After achieving an ambition to become carbon neutral in 2020 by upping investments in carbon offsetting, EY has committed to remove and offset more carbon than it emits globally this year.

In 2020, the number of companies committed to the SBTi surpassed the 1,000 mark

Companies with science-based targets planning $25.9bn climate mitigation investments

Major companies to have aligned their emissions reductions targets with climate science are collectively planning to invest more than $25.9bn in climate mitigation through to 2030, according to new analysis covering firms including Tesco and Mastercard.

Wylie's career with Mars spanned more than a decade

Kate Wylie to step down as Mars' global sustainability lead for new role at Chanel

Kate Wylie has confirmed plans to step down as Mars' global vice-president for sustainability after more than 10 years at the food and beverage giant. She has been named as luxury fashion house Chanel's next global chief sustainability officer.

Lenovo recently set science-based targets to halve emissions from its operations

Lenovo to deliver global rollout of customer offset scheme

Computer manufacturer Lenovo has unveiled plans to rollout a carbon offsetting scheme for customer purchases across the globe, following a trial run in the Nordics that saw 26,000 metric tonnes of carbon dioxide offset.

edie has highlighted 21 aspirational new goals that professionals can work towards to help drive business prosperity while alleviating some key environmental and planetary concerns

21 New Year's resolutions for sustainability professionals in 2021 and beyond

At last, 2020 has drawn to a close and while the first parts of a new year might not create a respite from a global pandemic and an economic crash, it does create the ideal opportunity to look at the climate crisis with a reinvigorated approach.

Sam joined the Nando's team in 2018 after working in professional services and the higher education sector

Meet edie's 30 Under 30 Class of 2020: Sam McCarthy, Nando's

This new series profiles the members of edie's 30 Under 30 - a nomination-based community of 30 hugely talented young sustainability and energy professionals who have already achieved great things or are showing fantastic promise. Up next: Nando UK&I's sustainability manager Sam McCarthy.

Zalando’s online platform caters to 35 million customers in 17 markets

Zalando completes brand assessments as part of environmental disclosure drive

Online fashion retailer Zalando has disclosed its Tier 1 private fashion label suppliers in an efforts to drive transparency across the value chain, and is expecting brand partners to gain a full understanding of their key suppliers also.

Unilever will seek an advisory vote every three years on any proposed updates to the plan

Unilever to let shareholders vote on new climate targets

Unilever has become one of the first global companies to voluntarily commit to putting new climate targets to a shareholder vote, with the company's science-based targets currently focusing on zero emissions for its operations.

The company has also committed to becoming carbon negative across its operations and business travel by 2030

Jacobs reaches 100% renewables and net-zero emissions for business operations

Engineering firm Jacobs has revealed it is now powered by 100% renewable energy and has reached net-zero emissions for its operations and business travel, pledging to become carbon negative by 2030.

CWG plays host to more than 7.7 million square feet of office space and almost one million square feet of retail space

Canary Wharf Group targets net-zero by 2030

London-based property giant Canary Wharf Group (CWG) has outlined plans for reaching net-zero by 2030, including new commitments on electric vehicles and heat.

Pictured: An artist's impression of the Museum's planned redevelopment of its garden, with biodiversity in mind

Natural History Museum targets carbon neutrality by 2035

London's Natural History Museum has outlined new climate targets, stating that there is "not any time to waste" in the transition to net-zero.

Image: CCEP

Coca-Cola's largest European bottler targets net-zero by 2040

Coca-Cola European Partners (CCEP) has committed to reducing net emissions across its value chain by 30% by 2030, before bringing them to net-zero by 2040.

More than two-thirds of Nestle's annual absolute emissions are attributable to the supply chain 

Nestle outlines roadmap to net-zero by 2050, backed with more than £2bn of investment

Nestle has committed to halve its absolute emissions by 2030 and bring them to net-zero by 2050, and outlined plans for new investments in renewable electricity, carbon offsetting and regenerative agriculture.

Survey: Just 1 in 10 businesses have backed up net-zero ambitions with science-based targets

While the number of businesses setting net-zero commitments has grown rapidly in recent months, just 10% of firms have set interim science-based emissions targets to ensure they're aligning with climate science.

Sky’s commitment will see its entire fleet of 5,000 vehicles transition to zero emissions by 2030

Sky invests in 151 electric vans as part of net-zero ambition

Sky is integrating more than 150 Plug-In Hybrid Electric Vans (PHEVs) into its UK fleet, as part of its bid to become a net-zero business by 2030.

The targets will set up the required decarbonisation rate to allow Vodafone to eliminate Scope 3 emissions completely by 2040

Vodafone sets net-zero target for 2040

Vodafone has committed to reducing its carbon emissions to net-zero by 2040 and will eliminate emissions from its activities and energy and halve scope 3 emissions by 2030.

SSE intends to spend the equivalent of almost £4m a day on low-carbon activities through to the end of 2025

SSE unveils 'just transition' strategy to benefit communities during net-zero transition

Energy giant SSE has issued a public "Just Transition" plan, which lays out steps to protect workers and communities as the business and the UK moves towards net-zero emissions.

LafargeHolcim has committed to becoming the first global building materials company to have targets approved by the Science Based Targets initiative (SBTi)

LafargeHolcim links €850m to decarbonisation goals

The world's largest cement manufacturer, LafargeHolcim, has priced an €850m bond linked to the company's sustainability targets.

ELC joined the RE100 in 2017, setting a deadline for the end of 2020 

The Estée Lauder Companies reaches net-zero operational emissions, 100% renewable electricity

The Estée Lauder Companies has announced that it is now operating as a net-zero carbon business and using renewable electricity to meet 100% of its demand globally.

London can lead the UK's net-zero ambition as a world beating sustainable city

Boris Johnson's party conference address confirmed an already established belief that the green economy is no longer a fringe idea but is ripe for centre stage. The government is wholeheartedly committing to our net-zero targets - and is now detailing the tangible measures that can make this a reality.

Lime has until October 2022 to develop its targets and have them verified in line with 1.5C

Net-zero by 2030: Lime becomes first micro-mobility firm to pledge to science-based targets

E-scooter and e-bike giant Lime has set a 2030 net-zero target and said it will develop science-based emissions reductions targets in the coming months.

Dentsu International's emissions, on a per-employee basis, are now 43% lower than they were in 2015

Dentsu International sets 2030 net-zero target

Media and communications giant Dentsu International has announced a new 2030 net-zero target, underpinned by a science-based target to reduce absolute emissions by almost half.

The guide has been developed in partnership with EcoAct

edie launches new explains guide to setting science-based climate targets

Organisations looking to align their emissions reductions targets with climate science can now access a free 'edie Explains' guide breaking down everything they need to know about science-based targets.

edie explains: Science-based targets

What makes emissions targets "science-based"? How can businesses go beyond 2C alignment and strive for 1.5C? And what role do these targets play in the net-zero movement? This free edie explains guide answers all of these questions and more.

The investment will also cut maintenance costs for the retailer

Sainsbury's invests in trucks powered by kinetic energy

As part of its net-zero commitment, Sainsbury's has purchased 1,200 lithium-ion trucks powered by kinetic energy, in a move that will save energy equivalent to powering 700 UK homes.

Tesco was one of the first businesses to set approved 1.5C science-based targets

Tesco links £2.5bn loan to key emissions, energy and food waste targets

Tesco has established a £2.5bn revolving credit facility whereby rates and interest are tied to progress against the company's key environmental targets.

The businesses are accountable for 13.5 gigatons of emissions across scope 1 and 2 – equivalent to 25% of all global emissions

From Tesla to Rio Tinto: Investors call on thousands of businesses to set science-based targets

Tesla, Nest, TIU, Roche Holding AG and Rio Tinto are amongst the 1,800 companies that have been urged to set science-based targets by a group of investors and financial institutions representing more than $20trn in assets under management.

The new targets cover emissions from all Scopes

National Grid unveils science-based climate targets on road to net-zero

National Grid has had its interim targets for reaching net-zero by 2050 approved by the Science-Based Targets initiative (SBTi) and vowed to transition to a zero-emission vehicle fleet within a decade.

The University of Cambridge became the first higher education institution in the world to set science-based targets in line with the Paris Agreement's more ambitious 1.5C trajectory

Cambridge University to divest £3.5bn fund from fossil fuels as part of net-zero ambition

The University of Cambridge will divest its £3.5bn endowment fund from fossil fuels by 2030, as part of a wider plan to reduce the University's emissions to net-zero by 2038.

The IPCC predicts that energy systems investments must increase by between $1.6trn and $3.8trn annually between now and mid-century to meet the goals of the Paris Agreement.

Science-based targets for financial sector unveiled

Banks, investors and insurance firms will now be able to verify that their climate targets are Paris-Agreement-aligned through the Science-Based Targets Initiative (SBTi).

Chanel is the first unrated issuer to have a public set of bonds linked to sustainability ambitions

Chanel links €600m sustainability bond to science-based targets

Luxury fashion and fragrance giant Chanel has issued a €600m transaction for bonds linked to the company's progress against its 1.5C science-based targets.

Morgan Stanley will still have to develop a strategy for meeting its net-zero commitment

Morgan Stanley commits to net-zero financed emissions by 2050

Global banking firm Morgan Stanley has unveiled a new commitment to reach net-zero financed emissions by 2050, while new research reveals that while almost half of the FTSE 100 companies have net-zero commitments in place, they don't yet have detailed strategies to reach these goals.

The global cement industry is estimated to account for 6-7% of man-made greenhouse gas (GHG) emissions annually

World's largest cement manufacturer commits to science-based targets and net-zero pathway

The world's largest cement manufacturer, LafargeHolcim, has committed to becoming the first global building materials company to have targets approved by the Science Based Targets initiative (SBTi).

The targets have now been approved by the SBTi as consistent with levels required to meet the climate goals of the Paris Agreement

Tate & Lyle has carbon goals approve by Science Based Targets initiative

Food and drink ingredient supplier Tate & Lyle has had goals to reduce operational and value chain emissions approved by the Science Based Targets initiative (SBTi).

ITV reaches more than 40 million viewers in the UK every week

ITV commits to net-zero emissions by 2030

ITV has built on a recent science-based targets announcement by committing to reaching net-zero emissions across the business by 2030.

The paper is the first step in an effort to ensure that corporate net-zero targets are aligned to climate science and efforts to deliver a net-zero world by no later than 2050

SBTi kickstarts process on global standard for science-based corporate net-zero targets

The Science Based Targets initiative (SBTi) has issued its first guidance on what will ultimately lead to the development of a new global standard to ensure that corporate net-zero carbon targets are aligned with climate science.

This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

The AA's EV service and OXO's planetary sales donation: The sustainability success stories of the week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

The webinar is now available to watch on-demand

5 top tips for tackling your organisation's Scope 3 emissions on the road to net-zero

Most organisations will find that a majority of their total emissions footprint sits within the Scope 3 (indirect) category, making this area a key focus for the transition to net-zero. But how challenges measuring, reporting on and reducing emissions across the value chain be overcome?

The company claims the targets will assist with the identification of steps required to become a net-zero emissions business by 2050

Lenovo to halve emissions as part of science-based targets

Computer manufacturer Lenovo has unveiled new science-based targets to halve emissions from its operations and reduce value chain impacts by 25% by 2030, with a view to reaching net-zero emissions by 2050.

Registration is free and the session will be made available on-demand after it airs

Available on demand: edie's Scope 3 emissions masterclass webinar featuring Pukka Herbs

edie's latest masterclass webinar is now available to watch on-demand. Be sure to tune in to learn about managing and reducing your organisation's Scope 3 (indirect) emissions in line with the Paris Agreement, featuring insight from Pukka Herbs' sustainability manager Vicky Murray.

Enough carbon will be captured to account for Velux's lifetime emissions across all Scopes. Image: WWF

Velux partners with WWF to capture lifetime carbon emissions

The Velux Group has pledged to offset 100% of its carbon emissions in the future and to capture the equivalent of its historical carbon footprint using nature-based climate solutions by 2041.

This weekly round-up explores how businesses across the world are ramping up efforts across all areas of sustainable development

Rolls-Royce's low-emission engines and a science-based targets surge: The Sustainability Success Stories of the Week

As part of our Mission Possible campaign, edie brings you this weekly round-up of five of the best sustainability success stories of the week from across the globe.

The Presidency, headed by Alok Sharma, seems to be keen to avoid accusations of greenwashing

UK Government starts search for corporate COP26 sponsors

The UK's COP26 presidency has outlined its sponsorship criteria for the conference, stating that it is only looking to work with businesses with "ambitious" net-zero targets.

SSE employs more than 20,500 people, making it one of the 'big six' energy firms in the UK

SSE vows to produce 'Just Transition' plans to bolster science-based climate targets

SSE has become the first UK energy firm to commit to developing 'Just Transition' plans, which will protect affected workers and communities as it aligns with the UK's net-zero target.

#SustyTalk: ITV's Julia Giannini on science-based targets, supply chains and disclosure

edie's #SustyTalk interview series continues with content editor Matt Mace discussing ITV's new science-based carbon targets with the company's senior manager of Social Purpose Julia Giannini.

The download explains everything you need to know about the growing importance of tackling Scope 3 emissions

Get to grips with Scope 3 emissions using edie's new Explains guide for businesses

edie has published a new explains guide, detailing everything businesses need to know to measure and act on scope 3 emissions.

The supply chain can account for more than 90% of a company's environmental footprint

Scope 3 and the supply chain: How businesses are taking sustainability leadership to a new frontier

Not too long ago, sustainable leadership was defined by those 'getting their own house in order' through emissions reductions, but as the pace required to reduce emissions grows, so too does the efforts from businesses to assist the supply chain in decarbonising. Here, edie looks at some of the transformational ways businesses are engaging with suppliers.

ITV has committed to Albert certification for programmes across all of its channels, and aims to achieve this by the end of 2021

ITV commits to 46% reduction in emissions through 1.5C science-based targets

Broadcaster ITV has outlined new targets to reduce emissions by more than 46%, reach 100% renewables and certify its studios and programmes to sustainability standards.

Citi said the new commitment will see it spending "almost twice as much, twice as fast" on sustainable projects

Citi targets $250bn environmental financing by 2025, as Moody's unveils science-based targets

Multinational banking giant Citi has pledged to funnel $250bn (£192.5bn) into low-carbon solutions by the end of 2025, in the same week that Moody's unveiled new Paris-Agreement-aligned climate targets.

BMW is aiming to have a 25-model-strong EV portfolio by the end of 2023

BMW unveils new 10-year climate plan, vows to slash emissions per vehicle by one-third

The BMW Group has pledged to reduce its emissions footprint by one-third by 2030, on a per-vehicle basis, as part of a new climate plan underpinned by science-based targets and electric vehicle (EV) development.

#SustyTalk: Kimberly-Clark's Lisa Morden on launching a sustainability strategy in lockdown

edie's #SustyTalk interview series continues with Kimberly-Clark's vice president for sustainability and safety, Lisa Morden, who provides insight on the business' new ambition to halve its environmental impact by 2030.

Iceland had been targeting a 30% cut to emissions between 2011 and 2020, but has delivered a 74% decrease. Image: Iceland/Webershandwick 

Iceland on track to become a net-zero business by 2042

Iceland Foods has revealed that it has reduced its operational emissions footprint by 74% since 2011, despite growing the business, putting it on track to reach net-zero by 2042.

Nando’s will also work with its suppliers to help them reduce their carbon impacts and will increase the amount of plant-based meals on its menu. Image Nando's press

Nando's commits to zero-carbon direct emissions, won't rely on offsetting

Nando's has unveiled a new commitment to achieve zero direct emissions and reduce the carbon footprint of its meals by almost 50% by 2030, with the company confirming that it will not rely on carbon offsetting to reach the new targets.

Other fashion brands targeting net-zero by 2050 include Zalando, Mango, Inditex, Kering and Nike

Hugo Boss to halve operational emissions within a decade

Hugo Boss has had its new emissions targets green-lit by the Science-Based Targets Initiative (SBTi), including an ambition to reduce operational emissions by 51% by 2030.

The Science Based Targets Initiative (SBTi) has verified the new targets

Capgemini targets net-zero operations and supply chain by 2030

IT services and consultancy firm Capgemini has pledged to achieve carbon-neutral operations by 2025 and full net-zero alignment by 2030, after meeting one of its key emissions targets a decade ahead of schedule.

CWG's absolute annual emissions have been decreasing since 2016, despite expansions to its estate

Canary Wharf Group sets 1.5C-aligned science-based emissions targets

Canary Wharf Group (CWG) has pledged to reduce its direct emissions by 65% by 2030 and to develop a net-zero pathway before the end of 2020, after working with the Science-Based Targets Initiative (SBTi).

Many Coalition members have already set net-zero targets, but the new partnership aims to accelerate progress further

We Mean Business Coalition urging members to target net-zero by 2040 under new Amazon partnership

More than 1,200 businesses will be encouraged to set and supported to deliver against net-zero targets deadlined no later than 2040, after We Mean Business Coalition partnered with Amazon.

Solar-powered carpark lighting poles will offset more than 9,000kWh of energy use annually

First zero-emission McDonald's restaurant unveiled at Disney, Florida

McDonald's has unveiled its first zero-emissions restaurant at Walt Disney World Resort in Florida, with solar arrays, green walls and kinetic bikes all featuring to create enough renewable energy that the building will need each year.

The new strategy purports to be aligned with the IPCC's recommendations on nature and climate. Image: Kimberly-Clark

Kimberly-Clark vows to halve environmental footprint within a decade

Personal care giant Kimberly-Clark has pledged to halve its global environmental footprint by 2030, under a new sustainability strategy covering issues such as emissions, forestry, water and plastics.

Currently, climate action is consistent with limiting warming to 3.2°C by the end of the century

Translating targets into temperature: CDP launches new ratings system for climate crisis

CDP has today (7 July) launched a new set of ratings gauging the temperature pathway of investment portfolios, funds and stock indices in order to outline future climate-related risks to investors.

Image: Stribrohorak, CC BY 3.0. https://commons.wikimedia.org/wiki/File:Doln%C3%AD_Dolce_K._Are%C3%A1l_Kimberly-Clark.jpg 

Kimberly-Clark vows to halve emissions by 2030

Kimberly-Clark has pledged to halve its direct, power-related and supply chain emissions by 2030, as part of a string of new climate targets approved by the Science-Based Targets Initiative (SBTi).

A full sustainability report is due next month

SSE outlines £7bn green recovery package, sets science-based climate targets

Energy major SSE will spend more than £7bn on clean energy initiatives over the next five years, in a bid to spur a green UK recovery from Covid-19 and to meet its new, stronger climate targets.

The new commitments will also focus on supply chain emissions and regenerative practices 

Unilever launches €1bn climate and nature fund, targets net-zero emissions by 2039

Consumer goods giant Unilever has unveiled a new set of sustainability commitments, pledging to end its contribution to deforestation, promote regenerative agriculture, transition to biodegradable ingredients and reach net-zero emissions for products by 2039 - all supported by a new €1bn Climate and Nature fund.

Beck's brewery, Bremen, Germany

AB InBev launches sustainable supplier platform

The world's largest brewer, AB InBev has unveiled a new supplier forum to assist with environmental stewardship across the value chain, giving suppliers the option to receive educational materials to help reduce emissions and lower water usage.

Currently, 71% of the silver and gold in Pandora’s jewellery comes from recycled source

Pandora to reduce emissions by sourcing only recycled gold and silver

The world's largest jewellery brand, Pandora, has announced plans to stop sourcing mined silver and gold in its products by 2025, a move that is expected to cut its emissions from the use of the materials by more than two-thirds.

Zalando has committed to placing solar panels and low-carbon technology on all its new and existing fulfilment centres by 2023

Zalando unveils science-based targets, commits suppliers to set carbon goals

Online fashion retail platform Zalando has built on its commitment to carbon neutrality across its own operations by having targets to reduce operational carbon emissions by 80% and emissions from the production of private label products by 40% approved by the Science Based Targets initiative (SBTi).

EI is aiming to reach net-zero “well before” 2050

Energy Institute sets science-based targets to reach net-zero emissions

The Energy Institute (EI) has announced a new ambition to become a net-zero organisation, agreeing to science-based targets to reducing emissions by almost 68% by 2030.

The call from the SBTi comes as politicians prepare to outline economy recovery packages to respond to the economic damage caused by the coronavirus pandemic

Business giants call for science-based green economic recovery

More than 150 business giants, including Carlsberg, H&M and Pernod Ricard, with a combined market capitalisation of more than $2.4trn, have signed a joint statement calling on all governments to align coronavirus economic responses to climate science.

During the last 10 years, the firm has reduced the absolute carbon emissions associated with its energy use by 63%

Law firm Slaughter and May's carbon goals approved by SBTi

Legal giant Slaughter and May has confirmed that a goal to reduce emissions by 50% by 2030 has been approved by the Science Based Target initiative (SBTi) as aligned to the 1.5C ambition of the Paris Agreement.

Lewis was speaking to edie as part of our ENGAGE week of content

Why science, society and sustainability will matter more for business post-pandemic

Ball Corporation's President for Beverage Packaging Europe, Middle East & Africa, Ron Lewis outlines his thoughts on why sustainability will continue to be an important boardroom topic post-pandemic, and why a focus on society and the environment will be a focus moving forward.

#SustyTalk: Jacobs's Zoe Haseman on net-zero strategies during the coronavirus lockdown

edie's #SustyTalk interview series continues with sustainability engineering firm Jacobs's vice president for global sustainability Zoe Haseman, discussing the rollout of a new net-zero climate action plan and how the lockdown won't slow down corporate decarbonisation planning.

Jacobs' climate action plan has outlined steps to set science-based targets

Jacobs and CMS UK unveil net-zero targets

Engineering firm Jacobs has unveiled a new climate action plan that commits the company to reach net-zero emissions across operations and business travel by the end of the year, while UK law firm CMS has set a net-zero target for 2025, backed by science-based targets.

To date, 861 companies have committed to science-based targets to reduce emissions

Refinitiv, JLL and Ball unveil 1.5C science-based carbon commitments

Refinitiv has committed to setting science-based targets to reduce emissions in alignment with the Paris Agreement, while manufacturer Ball and real estate firm JLL have confirmed that their targets have been approved by the Science Based Targets initiative (SBTi).

The company had recently surpassed its 2020 targets to reduce emissions by 50% against a 2009 baseline and reduce energy use in its buildings on an absolute basis by 50% against a 2013 baseline

Pearson to halve value chain emissions as part of approved science-based target

Learning and education company Pearson has had targets to halve its operational and value chain emissions by 2030 approved by the Science Based Targets initiative (SBTi).

The company is also part of a coalition of environmental consultancies that have set up a new net-zero pledge campaign

AECOM shoots for 20% reduction in emissions through approved science-based targets

Engineering and construction firm AECOM has revealed that targets to reduce operational emissions by 20% and value chain emissions by 10% by 2025 have been approved by the Science Based Targets initiative (SBTi) as aligned to the requirements of the Paris Agreement.

The UK Green Building Council supported Barratt through its target development

UK's largest housebuilder sets 1.5C-aligned emissions targets

Barratt Development has committed to reducing direct and indirect carbon emissions in line with the Paris Agreement's more ambitious 1.5C trajectory.

Pictured: 'Hope', the blue whale skeleton, in the Museum's Hintze Hall 

Natural History Museum declares 'planetary emergency'

London's Natural History Museum has unveiled a new sustainability vision for the next 11 years, centred around tackling what it has declared as the "planetary emergency".

Image: The North Face

VF Corporation sets 1.5C science-based targets

VF Corporation - the fashion giant behind brands including Vans, The North Face and Timberland - has set new science-based emissions targets in line with the Paris Agreement's 1.5C trajectory.

Demand for 90TWh of renewable electricity annually is enough to power 11 million US households

Businesses with science-based targets on course to slash emissions by one-third

Businesses that have committed to aligning their emissions reduction strategies with the aims of the Paris Agreement will spur more than $18bn in climate-mitigation investment and up to 90TWh of annual renewable electricity generation.

Pictured: Kingspan's factory in Kankaanpaa, Finland, during construction. 

Kingspan and Cargill unveil Paris-aligned climate strategies

Construction materials giant Kingspan and agri-food multinational Cargill have both unveiled new science-based emissions targets at the UN's COP25 summit in Madrid.

Multiplex’s Europe employs 920 people across 19 projects

Multiplex Europe raises carbon ambitions with 1.5C science-based target

Multiplex Europe, the construction firm behind huge London developments including 100 Bishopsgate, has announced that it has increased its science-based target to account for the 1.5C ambition of the Paris Agreement.

Mars has invested almost $1bn in a string of measures aimed at transforming its approach to corporate sustainability

Mars launches new climate action initiative, commits to 1.5C science-based targets

Mars has committed to set science-based targets in line with the Paris Agreement's more ambitious 1.5C trajectory, as part of a new initiative aimed at driving climate action among its staff, suppliers and consumers.

The businesses now have 24 months to get their targets approved by the SBTi

87 major firms commit to setting 1.5C science-based targets

L'Oreal, Inter Ikea Group and Nestle are among a coalition of 87 corporates to have today (22 September) committed to set science-based emissions reductions targets in line with the Paris Agreement's more ambitious 1.5C trajectory.

Almost 600 companies have committed to climate action through the SBTi, but the majority of these targets are aligned to 2C. Image: EN+ Group

Aluminium giant EN+ Group to develop net-zero strategy

Aluminium and hydropower giant EN+ Group has committed to develop emissions targets in line with a 1.5C trajectory within 24 months.

Clockwise: Schneider Electric’s senior vice-president for sustainability Gilles Vermot Desroches, DSM’s vice-president for sustainability Jeff Turner, Salesforce’s vice-president for sustainability Patrick Flynn and We Mean Business chief executive Nigel Topping

Meeting net-zero requires 'rapidly escalating' carbon pricing, corporate leaders urge

Senior sustainability representatives at major corporates have called on national governments to implement "meaningful and rapidly-escalating" carbon pricing, in order to support businesses on the road to net-zero.

Meeting the aims of the Pact will require signatories to consider changing their business models and supply chain approaches. Image: Kering

Fashion giants vow to end contributions to global warming and ocean plastic pollution

A coalition of 32 big-name fashion firms including H&M Group, Inditex and Nike have signed a new industry commitment targeting zero climate change impact by mid-century.

Thyssenkrupp is one of just four German firms to achieve SBTi approval

Thyssenkrupp targets 'climate-neutrality' after setting new science-based targets

German industrial giant Thyssenkrupp has had its new emissions goals approved by the Science-Based Targets Initiative (SBTi), shortly after pledging to become climate-neutral by 2050

Molson Coors is the world's third-largest brewer and owns brands such as Carling, Cobra and Blue Moon. Image: Molson Coors

Molson Coors unveils 1.5C science-based targets, new sustainable packaging goals

Molson Coors has today (12 August) published its new sustainability report, revealing that its new emissions targets have been approved in line with a 1.5C trajectory by the Science Based Targets Initiative (SBTi).

The commitments cover the University's entire estate of 20+ facilities across the Cambridge city-region

Cambridge becomes first university to set 1.5C science-based targets

The University of Cambridge has become the first higher education institution in the world to set  science-based targets in line with the Paris Agreement's more ambitious 1.5C trajectory.

To date, only one other automaker - Groupe Renault - has had its science-based targets approved by the SBTi

General Motors unveils science-based carbon reduction targets

General Motors (GM) has had its carbon reduction targets approved by the Science Based Targets Initiative (SBTi), making it one a select few carmakers to have aligned with the Paris Agreement.

Levi Strauss & Co agree IFC deal to help meet carbon goals

A multi-million-pound co-operation agreement with the International Finance Corporation (IFC) has been signed by Levi Strauss & Co to assist the firm in meeting its science-based targets by 2025.

The goals were announced in April, but have since been approved by the SBTi

Co-op to halve emissions with 1.5C science-based target

The Co-op has joined a select group of business leaders committed to aligning emissions reduction strategies with the highest ambition of the Paris Agreement, after pledging to halve its greenhouse gas emissions by 2025.

Burberry has already achieved carbon neutral status across the Americas region, EMEIA retail stores and its UK operations Image: Mparweo/Wikipedia

Burberry to reduce emissions by 95% through approved 1.5C science-based target

Luxury fashion giant Burberry has joined just a handful of companies in setting a science-based target aligned to the 1.5C trajectory of the Paris Agreement, after committing to reducing its operational emissions by 95% by 2022.

Best Buy will place a greater focus on the energy efficiency of its products through the ENERGY STAR programme. Image: Best Buy

Best Buy to slash customer emissions by 20% as part of science-based targets

Electronics retailer Best Buy has unveiled science-based goals to decrease its own emissions by 75%, its customers' emissions by 20% and save $5bn on utility costs by 2030.

HP announced a plethora of new goals in the 2018 report. Image: HP

HP unveils revised science-based targets, 100% renewables aim and 35% sustainable revenue growth

Revamped science-based targets, a 35% year-on-year growth in revenue through sustainable impact and commitments to source more recycled plastic content and 100% renewables have all been outlined in HP's latest sustainability report.

Ralph Lauren pledges to set approved science-based targets by 2020

Ralph Lauren has vowed to pledge to source 100% renewable electricity for its operations by the end of 2019, before setting approved science-based emissions targets in 2020.

Pukka Herbs is using organic farming methods and working with growers to encourage low-carbon farming techniques

Pukka Herbs posts impressive carbon cuts after setting 1.5C science-based targets

Organic herbal tea producer Pukka Herbs has recorded a 58% year-on-year reduction in its Scope 1 (direct) greenhouse gas (GHG) emissions, after setting approved science-based carbon targets in line with a 1.5C trajectory.

Measuring and reducing your organisation's Scope 3 emissions is no easy task. Here's the best-practice advice experts have offered to edie readers. 

Scope 3 emissions and science-based targets: Your key questions, answered

During an interactive webinar on Thursday (30 May), experts from CDP, Multiplex and Carbon Credentials answered readers' key questions on Scope 3 (indirect) emissions and science-based targets. Here, edie rounds up their answers.

Carbon Credentials joins the small number of SMEs worldwide to have set a science-based target

Carbon Credentials to cut Scope 3 emissions through approved science-based target

Energy and carbon management company Carbon Credentials is ready to walk the walk on climate goals, after having new targets to reduce Scope 3 value chain emissions approved by the Science Based Targets initiative (SBTi).

More than 500 businesses across the world have publicly committed to set greenhouse gas emission reduction targets in line with climate science through the Science Based Targets Initiative (SBTi)

NOW AVAILABLE ON-DEMAND: edie's Scope 3 emissions webinar with Multiplex, CDP and Carbon Credentials

Sustainability and energy professionals looking to gain key insights on tackling Scope 3 emissions as part of the science-based targets process can tune into a free one-hour webinar featuring Multiplex Construction Europe, CDP and Carbon Credentials, on-demand.


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