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The Science Based Targets initiative (SBTi) has today (28 October) unveiled the world's first standard for corporate net-zero emissions aligned to climate science.
Less than 1% of investment funds worth $27trn are currently aligned with the Paris Agreement's target to keep global temperature increases "well below" 2C, according to new analysis from CDP.
The Science Based Targets initiative (SBTi), the global body enabling businesses to set emissions reduction targets in line with science, recently launched the world-first Net-Zero Corporate Standard.
The company sets new science-based climate target to achieve net zero greenhouse gas (GHG) emissions across its full value chain by 2050, including all scope 3 emissions (as defined by
Global rice-to-chocolate giant Mars Inc. has said it will reach net zero emissions across its full value chain by 2050. Discussing the move, chief executive Grant F. Reid insisted ‘gaps’ in industry pledges need to be addressed and argued long-term aims cannot be an excuse for ‘inaction and delay’.