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Trivium Packaging Accelerates Long-term Climate Change Commitment
To achieve the most ambitious aim of the Paris Climate Agreement, Trivium has pledged to set science-based targets to help reach that ambition in the short- and long-term.
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Apr 6th, 2021 With sustainability as an integral part of its business, Trivium is taking science-backed steps to achieve its sustainability goals by joining the Science Based Targets Initiative
(SBTi) and signing an official commitment to set science-based emissions reduction targets along its value chain, in line with 1.5°C emissions scenarios and the criteria and recommendations of the Science Based Targets initiative.
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ºC compared to pre-industrial levels and make every effort to limit this to 1.5
ºC.
Since that historic day in 2016, much has been done in pursuit of this goal. Governments and companies across the world made zero carbon pledges, tactics were discussed, and national guidelines were introduced.
Trivium Packaging accelerates climate change commitment April 6, 2021 Maryam Farag
Trivium Packaging pledged to set science-based targets to help achieve aim of the Paris Climate Agreement, and limit the global temperature rise to 1.5°C.
Trivium is taking steps to achieve its sustainability goals by joining the Science Based Targets Initiative, and signing an official commitment to set science-based emissions reduction targets along its value chain.
“At Trivium, we have the opportunity and responsibility to make a positive difference in the environmental crisis facing our world today,” said Michael Mapes, CEO, Trivium Packaging. “Trivium has an incredible track record of developing high-quality, innovative packaging made from infinitely recyclable material and implementing sustainability practices, valuable to both our customers and the planet. But the impact of global climate change is at a critical point and we must do more to continue maki
By Rachel Fixsen2021-04-06T14:58:00+01:00
Swedish pensions and insurance group Folksam, and its municipal pension fund subsidiary KPA Pension, have set new 2025 climate goals, pledging to reduce carbon emissions associated with their equities, corporate bonds and real estate portfolios by 29% by then.
Both firms also said they were aiming to persuade half of their highest-emitting investees to adopt science-based climate targets, and had adopted goals to promote the availability of green investments by convincing players in the primary market to offer them.
Ylva Wessén, Folksam’s group chief executive officer, said her company’s goal of net-zero emissions by 2050 was ambitious, but not enough: “It must be broken down into equally ambitious sub-goals, linked to credible plans and followed up regularly.”