Post by account_disabled on Mar 6, 2024 0:46:04 GMT -6
Planet. P&G will be carbon neutral in 10 years... naturally
Procter & Gamble (P&G) has committed to ensuring its operational emissions are neutralized by 2030.
Building on an existing pledge to halve Scope 1 (direct) and Scope 2 (energy-related) emissions by 2030 compared to a 2010 baseline, the new commitment will see P&G use a insertion and compensation mix to bring residual emissions through these reaches to net-zero.
According to edie.net , P&G estimates its annual Scope 1 and Scope 2 emissions will be 30 million metric tons in 2030, once it has completed the shift to 100% renewable electricity.
While some insertion and offset initiatives Chile Mobile Number List focus on renewable energy and clean fuel, P&G has chosen to support nature-based projects that serve to protect, enhance or restore habitats. Key focus areas will be peatlands, wetlands and forests.
The company's intention is to work with NGO partners to ensure that any project moving forward under this effort is appropriately vetted to ensure that the plan, its impacts, and any accounting methodology used are credible and consistent with best practices.
P&G.
The consumer goods giant is already working with Conservation International, WWF and the Abor Day Foundation, and says it is open to forging additional partnerships.
For her part, P&G's director of sustainability, Virginie Helias, commented:
Our role as leaders is to make a low-emission economy possible, affordable and desirable for all. It is our responsibility to protect critical carbon stocks and invest in solutions that regenerate our planet.
While the new target does not cover Scope 3 (indirect) emissions, P&G is working with the Science-Based Targets Initiative (SBTi) to develop and meet new ambitions in this area.
The company's previous carbon footprint mapping exercises have shown that the vast majority (85%) of its Scope 3 emissions are associated with consumer use and disposal of products. As such, it sees communication with consumers as a key level in reducing emissions, providing on-pack and online information about responsible use.
It's just natural
The UN continues to work to develop a Paris Agreement-style deal for nature in a bid to prevent Earth's sixth mass extinction, and as awareness of the intertwined nature of global warming and biodiversity loss grows, the Nature seems to be moving up the corporate agenda.
Earlier this year, Unilever launched a new €1 billion climate and nature fund that will be spent to end supply chain deforestation, promote regenerative agriculture and transition to biodegradable ingredients. The fund complemented a new net zero target, with a target date of 2039.
Luxury fashion conglomerate Kering has since pledged to achieve a net positive impact on biodiversity within five years. A number of companies, including Danone and Natura, have committed to delivering nature-focused COVID-19 recovery plans, and emerging rainforests have been piloted in the Humber region by Birds Eye and Yorkshire Water.
Procter & Gamble (P&G) has committed to ensuring its operational emissions are neutralized by 2030.
Building on an existing pledge to halve Scope 1 (direct) and Scope 2 (energy-related) emissions by 2030 compared to a 2010 baseline, the new commitment will see P&G use a insertion and compensation mix to bring residual emissions through these reaches to net-zero.
According to edie.net , P&G estimates its annual Scope 1 and Scope 2 emissions will be 30 million metric tons in 2030, once it has completed the shift to 100% renewable electricity.
While some insertion and offset initiatives Chile Mobile Number List focus on renewable energy and clean fuel, P&G has chosen to support nature-based projects that serve to protect, enhance or restore habitats. Key focus areas will be peatlands, wetlands and forests.
The company's intention is to work with NGO partners to ensure that any project moving forward under this effort is appropriately vetted to ensure that the plan, its impacts, and any accounting methodology used are credible and consistent with best practices.
P&G.
The consumer goods giant is already working with Conservation International, WWF and the Abor Day Foundation, and says it is open to forging additional partnerships.
For her part, P&G's director of sustainability, Virginie Helias, commented:
Our role as leaders is to make a low-emission economy possible, affordable and desirable for all. It is our responsibility to protect critical carbon stocks and invest in solutions that regenerate our planet.
While the new target does not cover Scope 3 (indirect) emissions, P&G is working with the Science-Based Targets Initiative (SBTi) to develop and meet new ambitions in this area.
The company's previous carbon footprint mapping exercises have shown that the vast majority (85%) of its Scope 3 emissions are associated with consumer use and disposal of products. As such, it sees communication with consumers as a key level in reducing emissions, providing on-pack and online information about responsible use.
It's just natural
The UN continues to work to develop a Paris Agreement-style deal for nature in a bid to prevent Earth's sixth mass extinction, and as awareness of the intertwined nature of global warming and biodiversity loss grows, the Nature seems to be moving up the corporate agenda.
Earlier this year, Unilever launched a new €1 billion climate and nature fund that will be spent to end supply chain deforestation, promote regenerative agriculture and transition to biodegradable ingredients. The fund complemented a new net zero target, with a target date of 2039.
Luxury fashion conglomerate Kering has since pledged to achieve a net positive impact on biodiversity within five years. A number of companies, including Danone and Natura, have committed to delivering nature-focused COVID-19 recovery plans, and emerging rainforests have been piloted in the Humber region by Birds Eye and Yorkshire Water.