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Canada needs to double climate spending to reach Net Zero The RBC Climate Action Institute released its Climate Action 2024 report, offering an unprecedented look at Canada’s climate progress and readiness. The research indicates that Canada may not be on track to reach its climate goals and needs to nearly double climate spending to achieve Net Zero by 2050. Informed by population-level […]
The U.S. Postal Service (USPS) announced today a series a set of new 2023 sustainability targets, encompassing goals to reduce emissions across the value chain and circular economy commitments to reduce waste and increase recyclability. According to the USPS, the new goals align with the organization’s ten-year financial sustainability and service excellence plan, Delivering for […]
Governor Gavin Newsom released the 2023 Social Innovation Impact Report, the third report since 2020 to catalog California’s collaborative approach to problem-solving and partnership. Under Governor Newsom’s leadership, the State of California has partnered with leading philanthropies and community-based organizations to address problems decades in the making, launching 59 public-private partnerships and leveraging $4.2 billion […]
Global logistics provider Geodis announced a series of climate goals, including a commitment to reduce emissions generated by its fleets of vehicles and its buildings, or Scope 1 and 2 emissions, by 42%, and reduce the carbon intensity of subcontracted transport by 30% by 2030, compared to 2022. The launch of the new goals comes […]
The U.S. Chamber of Commerce and several business groups filed a lawsuit against the state of California over its corporate climate disclosure laws. The U.S. Chamber of Commerce, along with the American Farm Bureau Federation, California Chamber of Commerce, Central Valley Business Federation, Los Angeles County Business Federation, and Western Growers Association, filed a lawsuit against the […]
Governance, risk and compliance (GRC) SaaS solutions provider Diligent announced today a new partnership with AI-driven climate risk management platform Manifest Climate, aimed at providing organizations with comprehensive solutions to support climate measurement, reporting and disclosure. The announcement follows the launch last year by Diligent of its dashboard-based platform Board Reporting for ESG, and of […]
Ikea has said that the financial year 2023 (FY23)* was another year of global challenges but also of progress. Key movements include a 22% reduction of the total IKEA climate footprint in absolute terms** compared to baseline year FY16, strengthened climate goals, a continued increase in renewable electricity in retail and production, the introduction of […]
Climate tech startup CHOOOSE announced today the launch of a new partnership with energy giant bp, aimed at enhancing its decarbonization solutions for the aviation industry, and helping airlines to meet their sustainability obligations. As part of the partnership, bp is making a strategic investment in CHOOOSE. Founded in 2017, Norway-based CHOOOSE provides a software-as-a-service (SaaS) […]
83% plan to increase investments in digital tools and technology, in particular AI as a driver of innovation and revenue growth, in the next 12-18 months. 52% intend to do the same for sustainability Business leaders are starting 2024 with an increased level of optimism about their organization’s future growth compared to 12 months ago, […]
Ontario Teachers’ Pension Plan (OTPP), one of Canada’s largest investors, announced the release of its 2024 Proxy Voting Guidelines, with strengthened expectations for company boards on climate oversight. One of the key changes to OTPP’s proxy voting guidelines this year includes the expectations for board audit committees, specifically related to climate change. According to OTPP, […]