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Search resuls for: "Climate Intelligence Unit"


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Of those to set a target, just 37% had one that covered their Scope 3 emissions, or those tied to a company's value chain. "A clear line in the sand on net zero has surfaced. Countless net zero targets are credibility light, but now we can say for certain that most of the world's largest listed companies are on the right side of the line on net zero intent," said John Lang, Project Lead, the Net Zero Tracker. As well as companies, the Net Zero Tracker tracks pledges made by nations, states and regions, and cities using machine and human data analysis. Alongside Oxford Net Zero, the consortium includes The Energy & Climate Intelligence Unit (ECIU); Data-Driven EnviroLab (UNC) and the NewClimate Institute.
Persons: Wolfgang Rattay, John Lang, Simon Jessop, Mark Potter Organizations: REUTERS, Nations, Dubai LONDON, Oxford University, Dubai, Oxford, The, Climate Intelligence, UNC, NewClimate Institute, Thomson Locations: Niederaussem, Germany, Dubai
Some 75 of the world's largest 112 fossil fuel companies have now committed to reaching net-zero - the point at which greenhouse gas emissions are negated by deep cuts in output elsewhere and methods to absorb atmospheric carbon dioxide. But most targets do not fully cover or lack transparency on Scope 3 emissions — which include the use of a company's products, the biggest source of emissions for fossil fuel companies — or don't include short-term reduction plans, the report added. The report also found that none of the fossil fuel companies were making the needed commitments to move away from fossil fuel extraction or production. As it stands, some 4,000 countries, states, regions, cities and companies globally have now committed to net-zero. A study published last week in the journal Science found that about 90% of countries' net-zero targets were unlikely to be achieved.
Persons: Thomas Hale, Daisy Streatfield, Gloria Dickie, Simon Jessop, Jan Harvey Organizations: Climate Intelligence Unit, University of Oxford, Science, Thomson Locations: Britain, London
Employee satisfaction is a big motivator for companies to go green, particularly as the U.K. faces its tightest labor market in decades. She's looking to grow her business but her former warehouse office building is too small and inaccessible for people with disabilities, so it's "mission critical" that the team relocates. "It's not like you're stumbling over these green buildings all over the place. "In light of the planet burning this might not seem as relevant [but] your office building is a huge reflection of your business' brand. "What is really expensive is if you have a big office building that's used one or two days a week.
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