Browsing tag

climate pledge

‘Nature-Based Solutions’: Burberry Promises To Slash Emissions By 46% By 2030 & Be Climate Positive By 2040

3 Mins Read Luxury fashion house Burberry has pledged to become climate positive by 2040 and aims to do so by slashing its emissions across its extended supply chain by 46% by 2030, with the brand promising to invest in initiatives that support taking action on climate change. British-based Burberry announced its new commitment to becoming climate positive […]

Biden Pledges To Halve U.S. Emissions By 2030 At Climate Summit

4 Mins Read By: Sharon Zhang President Joe Biden on Thursday has pledged to cut carbon emissions from the U.S. to half of what they were in 2005 by the end of this decade. His announcement came on the first day of a virtual climate summit hosted by Biden. “I’ve talked to the experts, and I see the […]

New Zealand To Introduce World’s First Climate Law For Financial Firms

3 Mins Read New Zealand is set to become the first country in the world to introduce a law that would subject financial firms to climate reporting. The law, which is expected to receive its first reading this week, will require banks, insurance firms and investment managers to make disclosures on the impacts of climate change on their […]

‘Ugly’ Produce Pioneer Imperfect Foods Pledges To Reach Net-Zero By 2030

4 Mins Read Imperfect Foods, one of the first startups to slash food waste with “ugly” produce boxes, has pledged to double down on its sustainability efforts by slashing its carbon footprint. Pledging to reach net-zero emissions by the end of the decade, the company says it will convert to 100% renewable energy, improve regional sourcing and eliminate […]

IKEA Parent Ingka Ramps Up Investments To Become ‘Climate Positive’ By 2030

3 Mins Read Ingka Group, the owner of the largest share of IKEA stores, has announced an increase in sustainability investments by €600 million (US$712 million) over the next 12 months in order to reach climate positive status throughout its value chain by 2030. The plan involves spending on clean energy solutions, funding innovative startups and making its […]

Amazon Launches US$2 Billion Climate Pledge Fund Amid Reputation Crisis

3 Mins Read Amazon has just announced a US$2 billion for a new Climate Pledge Fund dedicated to sustainable technologies and services that will help the e-commerce giant achieve net-zero carbon emissions in its operations by 2040. It comes on the heels of its CEO Jeff Bezos’ Earth Fund, which did little to allay widespread criticism over the […]