The race to net zero is on! The overarching goal of COP26 was to limit global warming to 1.5 instead of 2 degrees Celsius. With the conference in Glasgow just ending last weekend – what are the most important take-aways? There has been progress in some singular areas as heads of state, policy-makers, and industry…
The supplier rating platform EcoVadis has published this year´s Sustainability Risk and Performance Index 2021. The following will provide a short overview on the most important findings of this year’s Risk and Performance Index.
Every life on our planet is dependent on the well-functioning of the marine ecosystem. But water resources and marine ecosystems are endangered. Since businesses emit a large amount of greenhouse gases, they are largely responsible for this heating. To make companies accountable and address the urgent need to protect the water and marine resources, CDP included new water-related questions into its questionnaires.
The complexity of life on earth, with its variety of animals, plants, fungi and bacteria, known as biodiversity, is fundamental to life on this planet and the prosperity of species. Although many species on land and in water are already known to us, millions are yet to be discovered. Scientists are also finding that an…
Slowly moving away from the COVID-19 lethargy and processing the latest IPCC report, the climate crisis has been omnipresent during the past couple of months. To limit global warming to 1.5°C, many countries have committed to drastically reduce greenhouse gas emissions and reaching Net-Zero. This however requires a comprehensive transformation across politics and all economic…
Join the Race to Zero through the SBTi Business Ambition for 1.5°C Campaign This SBTi webinar for COP26 preparation provides a detailed overview of the importance of setting ambitious science-based targets (SBTs). The session covers the SBTi Business Ambition for 1.5°C Campaign commitment model for net-zero targets and 1.5°C aligned SBTs, key SBTi criteria, and…
The message of the SBT Initiative is clear: global emissions need to be halved by 2030. This great challenge needs a collective approach, through setting SBTs with supplier engagement targets. For most companies and their widespread supply chains, the scope 3 emissions are representing the majority of the companies GHG-inventory. For better reduction efforts, corporations…
for relevant greenhouse gas (GHG) emissions that are calculated on a scientific basis. Companies which aim to participate in the initiative are expected to set an ambitious target for reducing their GHG emissions which is in line with the 2°C target of the 2015 Paris Climate Agreement. But setting SBTs is not always an easy task, and many corporations fail at this hurdle.
On August 24th 2021, the SBTi hosted a webinar to explain the changes to the SBTi criteria and implications for SBTi companies. Watch the following video to get a full understanding and overview of the SBTi ambition update for Europe: Various approaches for the calculation of science-based targets are available (contraction, compression, convergence). They all…
The debate on an ambitious climate target (Science-Based Targets) has increased among internationally active companies since the UN climate summit in Paris (COP21). The Paris Agreement marks a turning point for climate policy. Companies have a key role to play in achieving the COP21 goals. They have the opportunity to make an appropriate contribution to…
