Extreme weather events cost the global economy a record $320 billion in 2017. Food systems are experiencing more shocks than ever before, yet they also cause about one quarter of global greenhouse gas emissions. Eager to slow climate change and decrease their own carbon footprints, major food companies are expanding sustainability commitments to reduce greenhouse gas emissions in their supply chains.
Today, Walmart announced that suppliers have reported reducing more than 20 million metric tons (MMT) of greenhouse gas emissions in the global value chain, as part of the company’s Project Gigaton initiative. Walmart launched Project Gigaton last April, seeking to work with suppliers to reduce emissions from the company’s value chain by a gigaton, or one billion metric tons, by 2030.
What’s the greatest threat to our planet? Climate change? Water scarcity? Poor land management? None of the above. The biggest threat to our planet is the belief that someone else will solve these problems. That’s precisely why we doubled down with our ambitious Sustainable in a Generation Plan to support our global home. It’s also why we’re celebrating Earth Week (April 16-22) by proudly sharing our science-based approach and sustainability progress around the world.
There is no denying that our modern lives are taking a toll on all of the earth’s natural cycles, whether carbon, resource, or biological. When we look at the carbon cycle, global greenhouse gas (GHG) emissions have grown by nearly 80% since 1970, and atmospheric concentrations of the major greenhouse gases are at their highest level in 800,000 years.
As a Main Street bank organized around its customers and communities, we recognize that success isn’t about whether we sold another deposit product or booked another loan. It’s about whether we helped people and institutions achieve their financial goals. It’s about whether we are helping our communities to thrive. It’s about whether our employees are achieving their career aspirations and whether we are collectively living our values in a way that makes us all proud to work for PNC. It’s about whether we are doing right by the people we serve. And we know that when we do, financial success follows.
A new study from researchers at the World Agroforestry Centre (ICRAF) and the Kunming Institute of Botany (KIB) could help improve predictions of climate change by revealing the hidden role of bark in wood decomposition. For the first time, the scientists linked bark characteristics such as thickness, pH and density – which in life help protect the plant – to "afterlife effects" which help determine how rapidly woody plants decompose.
To the Sierra Nevada Brewing Co. sustainability is not simply an initiative, it is integral to every aspect of its operations. The company has won numerous local, state and national awards for its efforts and its Chico, California, headquarters has onsite wastewater treatment and composting facilities as well as the largest solar installation of any craft brewer.
Global food manufacturer Mars Inc. recently made public the fact that the global carbon footprint from its extended supply chain is equivalent to a country roughly the size of Panama. But last week, the company announced its new commitment to reduce its GHG emissions from its full value chain by 27% by 2025, and by 67% by 2050 (from 2015 levels).
loomberg's 2017 Impact Report integrates for the first time the recommendations of the FSB Task Force on Climate-related Financial Disclosures (TCFD). A dedicated section on climate -related scenario analysis explores Bloomberg's business strategy under a 2° or less Celsius scenario and under a scenario in which no concerted action is taken to mitigate climate change.
Ingersoll Rand (NYSE:IR), a world leader in creating comfortable, sustainable and efficient environments, announced that it has achieved a significant milestone in its global Climate Commitment ahead of schedule and is deepening its commitment with on-site and off-site renewable energy investments.
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