Science Based Targets - What, why and how?

Posted by Louisa O’Connell on 20-Jun-2018 15:13:29

In the latest news from the movement for science-based targets, the Science Based Target Initiative (SBTi) have launched a new service for target validation, which will be available from 31st August this year. The service has been designed to increase the speed of validation (within 20 business days) and provide businesses with more in-depth feedback from target reviewers.

The new service will be subject to a cost of USD 5,000 per submission (includes up to two target assessments). Although the existing free service will continue to be available until the end of the year, please note that from 2019 this will be discontinued and the new cost and service will apply to any submissions to the SBTi.

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Topics: Science based targets, SBTi, emissions targets

The Opportunity in Carbon Neutrality

Posted by Meriem Belhamra on 19-Jun-2018 13:45:38

 

Since COP21 and the adoption of the Paris Agreement, a growing number of nations and businesses have pledged to take action on climate change and made a commitment to a common goal: carbon neutrality.

What does carbon neutrality really mean to your business and why should you consider a carbon neutral commitment?

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Topics: paris agreement, Carbon management, Climate Change, Sustainable Development Goals, Carbon Offsetting, Climate neutral, energy efficiency

Solving our Plastics Problem: Is this the perfect storm?

Posted by Lucy Haines on 04-Jun-2018 17:06:47

 It has been known for some time that we have a plastics problem. In fact, plastic pollution in the oceans was first reported 50 years ago. Since then the magnitude of the problem has grown exponentially. Sadly, we’ve remained addicted to plastics and been unable to mobilise to solve the problem, with devastating consequences.

This weekend the world lamented the death of a pilot whale who starved having swallowed 80 plastic bags. Amidst the increasingly common stories of tragedy and the media storm that now surrounds the topic of plastics, the atmosphere is beginning to feel different. The playing field is changing.

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Topics: Plastics, Plastic Waste, Plastic Pollution, Recycling, Food Waste

The Road to Renewables: Arriva chooses SSE Green assured by Carbon Clear

Posted by Lucy Haines on 31-May-2018 16:51:56

SSE is set to supply Arriva UK with SSE Green to power it’s UK bus and rail sites. The announcement this week marks a significant commitment by one of Europe’s leading transport providers to decarbonise the sector.

Offered by SSE Business Energy, SSE Green is a 100% renewable electricity and allows business to report zero emissions for their Scope 2 emissions under the GHG Protocol Corporate Standards. SSE Green has been independently verified and assured by Carbon Clear, as a CDP Accredited Provider of carbon, energy management and sustainability services.

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Topics: Renewable energy, Arriva, SSE, Renewable Energy Guarantee of Origins

Time to switch on to ESOS Phase 2

Posted by Lucy Haines on 24-May-2018 09:31:25

The UK Government’s Energy Savings Opportunity Scheme (ESOS) has now entered phase 2. That means the relevant companies are required to be compliant by 5th December 2019. Before you stop reading in the comfort that you have plenty of time, we want to tell you why we’re advising companies that the time to start the process is now.

 

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Topics: energy management, energy efficiency, ESOS Phase 2, ESOS, environmental compliance

The Order in Disorder: Aligning Environmental Disclosure frameworks

Posted by Lucy Haines on 17-May-2018 09:42:40

The sustainability disclosure landscape is a bit of a maze. Fragmented and at times confusing, it has been a source of frustration to many organisations seeking direction on their sustainability reporting choices. However, there is growing endeavour to create alignment and comparability across the frameworks, and the arrival of the TCFD recommendations last year has strengthened the call for continuity.

This article seeks to show the emerging order in the disorder and why establishing more alignment in disclosures is becoming an increasingly important common goal in the field of sustainability.

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Topics: CDP, Sustainability Reporting, TCFD, DJSI, environmental disclosures, GRI, integrated reporting

Behind the scenes of the science-based target movement

Posted by David Keddie on 08-May-2018 10:47:05

The corporate momentum behind setting meaningful Science Based Targets (SBTs) on carbon reductions is building with the total count of companies that have either publicly committed to or set SBTs now sitting at a healthy and ever-increasing total of 406 organisations. It is great to see progress being made recently, including many large players such as AB InBev, McDonald’s, Ericsson and Suez having had their SBTs formally set and approved by the Science Based Targets Initiative (SBTi) in the first quarter of 2018 alone.

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Topics: paris agreement, Scope 3, Science based targets, SBTi, emissions targets

TCFD and CDP: 10 Questions Answered

Posted by Lucy Haines on 30-Apr-2018 11:37:43

In April we hosted a webinar about the TCFD recommendations, specifically how they will impact CDP disclosures this year.

Here we look at some of the questions that were asked during the webinar to give you an insight into how to maximise your disclosure this year and in the future

You’ll find the full webinar broadcast here too.

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Topics: CDP, Sustainability Reporting, Science based targets, Taskforce on Climate-Related Financial Disclosures, TCFD

Connecting the SBTi with the TCFD

Posted by Marientina Laina on 30-Apr-2018 11:29:17

SBT and TCFD are two acronyms that are here to stay. The new buzz words in sustainability, they are Science-Based Targets and the Task Force on Climate-related Financial Disclosures respectively. Here we explore how these two growing initiatives are connected and what this means in practical terms for businesses and investors.

The SBT initiative (SBTi) was established by the World Resources Institute (WRI), CDP, the World Wide Fund for Nature (WWF) and the UN Global Compact (UNGC). It asks companies to publicly commit to setting carbon emission reduction targets that are in line with climate science. So far, 390 companies across different sectors have committed to do so and over one hundred companies already have their targets validated by the SBTi.

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Topics: Science based targets, Taskforce on Climate-Related Financial Disclosures

Against the Clock: The Palm Oil Problem

Posted by Lucy Haines on 17-Apr-2018 16:13:39

Palm oil is once again a hot topic in sustainability with the announcement by Iceland that they will stop using Palm Oil in all their own brand food by the end of this year. This has possibly been spurred on by a recent report by Greenpeace entitled, ‘Moment of truth’. The publication claims that firms are unlikely to meet their pledges on eliminating deforestation from palm oil production. Pressure is mounting for organisations to act as the charity takes aim at those failing to display transparency on the matter, with no qualms about naming and shaming.

In 2010 members of the Consumer Goods Forum made a promise to clean up the palm oil supply chains and achieve zero net deforestation by 2020. Less than two years left to come good on this commitment, and with a rush for bio-fuels creating a surge in demand and high deforestation rates persisting, it seems time is running out to meet this goal.

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Topics: emissions, Palm Oil, supply chain, deforestation

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