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Pandemic helps Bam cut carbon emissions ahead of schedule
The impact of the pandemic helped Bam Construct substantially reduce its CO2 emissions in 2020, the company has said, cutting emissions to 45 per cent below a benchmark set in 2015.
The benchmark level was set in 2015 when Bam Construct gave itself five years to trim emissions by 25 per cent. It achieved that goal early, however, recording a 27 per cent cut by 2018, and further reductions thereafter.
Bam Construct head of sustainability Jesse Putzel said: “We were among the first to have targets approved by the Science Based Targets Initiative. By 2019, we had reduced emissions by 34 per cent.”
FLSmidth receives SBTi validation of its carbon emission targets 17 May 2021
FLSmidth has received validation from the Science Based Targets initiative (SBTi) for its carbon emission reduction targets. By implementing its MissionZero programme to achieve these targets, the company will help keep global warming below 1.5°C at the same time as delivering solutions to help reduce global CO
2 emissions by more than 10 per cent – and becoming carbon neutral in its own operations by 2030.
Commenting on the targets, CEO Thomas Schulz says: “I truly believe that the global climate challenge more than anything will find it’s solution in technology, and as a technology leader FLSmidth is uniquely placed to address this.”
The Co-op intends to make its plant-based food options cost the same as their meat equivalents The Co-op is to price match its own-brand plant-based food range against equivalent meat products to help shoppers adopt “flexitarian” diets, it has announced. The scheme is part of the supermarket’s plan to sell fully carbon neutral own-brand food and drink by 2025, in turn part of a climate plan to achieve net-zero carbon emissions by 2040. The Co-op said it is investing more than £1.7 million to reduce the cost of 29 fresh, chilled and ambient vegan products from May 5 to help consumers who saw price as a barrier to choosing a plant-based diet.
This article was first published on WRI.
The movement to achieve net-zero global greenhouse gas emissions is gaining traction and coherence, especially in the world of finance. In late March, BlackRock and Vanguard the two largest asset managers on the planet joined a growing coalition of investors in the Net Zero Asset Managers Initiative (NZAM). The initiative outlines key requirements for signatories’ commitments to net zero and provides an early benchmark for the industry. Earlier in March, asset managers also received initial guidance for implementing net-zero commitments with the release of the Net Zero Investment Framework Implementation Guide, an effort led by the Institutional Investor Group on Climate Change.