Since the beginning of the year, more than 130 new companies have joined the Science Based Targets initiative, pushing the total number of companies close to 500 and representative of approximately one-eighth of total global market capitalization.
Global furniture giant IKEA Group has announced new greenhouse gas emission reduction targets this week that have been approved by the Science Based Targets initiative and will ensure the company’s goal of contributing to reaching the targets set out under the Paris Climate Agreement.
Sometimes it seems the best of everything is passing away.
The UK government plans to retire the last of its coal fired generating stations by 2025. Is that soon enough? And what will replace them?
Several environmental NGOs in Germany suggest the country is not moving fast enough to transition to a low carbon economy.
Target, one of America’s leading discount store retailers, has this week announced a new climate policy and goals based on the Science-Based Targets initiative, including a commitment to source 100% renewable energy in its domestic operations.
The United Kingdom experienced its greenest summer ever according to the country’s grid operator, National Grid, which reported that almost 52% of its electricity generation was met by low-carbon sources.
More than 300 companies worldwide have now committed to setting ambitious Science Based Targets to reduce emissions, with more than 90 new companies joining this year alone, and also now includes 50 US businesses.
Record wind energy generation in Scotland in June helped boost the figures for the first half of the year, resulting in wind generating enough electricity to supply the electrical needs of 124% of Scottish households between January and June.
A first of its kind analysis of the European Union’s biggest investors finds that they are partly aligned with the Paris Climate Agreement’s climate target of keeping global warming well under 2°C, but were found to be investing too much in coal still.
