Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, revealed it has committed to developing science-based targets to help achieve net zero in the maritime sector.
The post Stolt Tankers joins Science Based Targets initiative appeared first on Offshore...
https://www.offshore-energy.biz/stolt-tankers-joins-science-based-targets-initiative/
Science Based Targets initiative (SBTi) has launched the world’s first framework for shipping industry companies to set near- and long-term science-based targets.
The post SBTi plots course for shipping industry to meet science-based net-zero goals appeared first on Offshore Energy.
Environmental and social responsibility nonprofit As You Sow ranked 55 companies across 11 sectors based on their progress toward achieving net-zero greenhouse gas emissions in a report released Thursday.
Each company received a grade from A to F, with disclosures of emissions counting for 22% of the grade, emission-reduction targets counting for 33% and actual reductions in emissions 45%.
Here are some notable supply chain companies’ and retailers’ grades:
https://www.freightwaves.com/news/pepsico-gets-a-for-net-zero-emissions-efforts
Crowley Maritime Corp. is the latest shipper committed to reaching net-zero emissions by 2050.
The Jacksonville, Florida-based company announced it submitted its emissions-reduction targets, which include scope 1 (direct), scope 2 (indirect) and scope 3 (all other) emissions, to the Science Based Targets initiative (SBTi) Tuesday.
“On emissions, admittedly this is a bold goal, and we need to ensure our goal and targets are credible. This is why we are submitting our interim targets to reduce...
https://www.freightwaves.com/news/crowley-commits-to-bold-emissions-sustainability-targets
Companies are making net-zero emissions targets right and left. Some say they are already carbon neutral or net-zero, but until Thursday, there was no global standard for setting credible net-zero targets backed by climate science.
The Science Based Targets initiative’s (SBTi) net-zero emissions standard has rigorous requirements in line with the Paris Agreement’s pathway for limiting average global temperature rise to below 1.5 degrees Celsius.
Many experts deem transportation-related...
https://www.freightwaves.com/news/net-zero-emissions-quest-needs-radical-collaboration
Companies are setting emission-reduction targets right and left. But the complex wording and reporting can sometimes make it difficult to discern if companies are living up to their sustainability goals.
The Science Based Targets initiative (SBTi) was launched after the 2015 Paris Agreement to “mobilize the private sector to take the lead on urgent climate action” by analyzing emission-reduction targets based on the most rigorous climate change science available.
SBTi is a partnership among CDP...
Chief sustainability officers (CSOs) are popping up in corporate boardrooms worldwide as the importance of sustainability grows clearer to consumers, investors and businesses.
CSOs can be in charge of many aspects of sustainability, including risk management, safety, emission-reduction strategies, environmental impacts, community support, worker welfare, financial sustainability and more.
Sometimes, they’re also involved in marketing and communicating a company’s sustainability progress to the...
https://www.freightwaves.com/news/csos-get-a-seat-at-the-c-suite-table
DHL has joined hundreds of major companies in signing up to the Science-Based Targets initiative (SBTi), part of its accelerated roadmap to decarbonisation.
It has also promised investment in climate-neutral logistics of €7bn ($8.35bn), up to 2030.
Some 1,200 companies are now using the SBTi, which aims to cut global greenhouse gas (GHG) emissions, and must follow a “rigorous process” to develop an emissions reduction target in line with the initiative’s criteria.
The …
The post DHL steps up...
https://theloadstar.com/dhl-steps-up-its-bid-to-go-from-yellow-to-green-with-new-emissions-targets/
Short line operator OmniTRAX is seeking potential customers that would be interested in establishing a facility on the Sand Springs Railway in Sand Springs, Oklahoma.
The location on the Sand Springs Railway is part of OmniTRAX’s rail-ready sites program. The site has about 25 acres near the Sand Springs Railway, which has direct connections with Union Pacific (NYSE: UNP) and BNSF (NYSE: BRK).
Sand Springs Railway runs 32 miles between...
https://www.freightwaves.com/news/rail-roundup:-omnitrax-union-pacific-news-briefs
APSEZ has signed up for the Science Based Targets initiative (SBTi) and received clearance from India for the Krishnapatnam Port acquisition. The post Adani Ports joins Science Based Targets…