Union Bank of India First Major Bank to Sign PCAF
The Union Bank of India has demonstrated its commitment to monitoring and controlling its financed emissions.
Mahindra Logistics’ Digital Tool to Decarbonize Supply Chain
Mahindra Logistics’ reporting tool quantifies shipment-level Scope 3 emissions for various industries and provides emissions savings certificates for transportation
CEO-led Climate Alliance Appoints Sumant Sinha to Lead Global Climate Action
The CEO-led Climate Alliance represents $4 T in revenues and 5.2 GT of carbon emissions, equivalent to 10 percent of global emissions
40% Public Companies Report Scope-3 Emissions: MSCI
The IPCC predicts a global emissions peak by 2025, followed by a 7% annual decline until 2030 to combat climate change
DHL, Aragen Partner for Scope-3 Emissions
With the scope-3 emission reduction partnership in place, Aragen is DHL Express’s first SBTi customer in India
Nestlé Cuts Ocean Transport Emissions
To reduce ocean transport emissions, Nestle has been using Maersk’s ECO Delivery solution for 100% of its ocean containers shipped in 2023
25% US Executives Confident of Meeting Sustainability Regulatory Requirements
A survey by KPMG in the US shows that companies expect ESG strategies to positively impact business and financial outcomes. However, only 25% are confident in meeting sustainability regulatory requirements.
Jindal Stainless reducing Scope 3 emissions
Jindal Stainless, the third largest private steel producer, is working at reducing Scope 3 emissions. With this, the company is ready for European Union’s Cross Border Adjustment Mechanism (CBAM) for EU’s carbon tax. While the company has made significant progress against its ESG metrics, it is preparing for EU’s carbon tax by reducing Scope 3
Microsoft adds ESG Reporting, Scope 3 emissions to Sustainability Platform
Microsoft is adding new features to its sustainability platform-Microsoft Cloud for Sustainability. Key capabilities include helping companies meet emerging ESG reporting requirements and regulations, calculating Scope 3 emissions, and collecting and managing ESG data across categories and data sources. Additional features: The additional features include an expansion of Microsoft Cloud for Sustainability’s emissions calculation capabilities
Deloitte launches Scope 3 emissions calculator
Global professional services firm Deloitte has launched the Scope 3 emissions calculator. The new calculator connects an organizations’ ESG reporting and GRC (governance, risk, and compliance) functions. The new tools include Scope 3 Greenhouse Gas (GHG) report calculator and a dashboard to map emissions for the 15 categories, across the value chain. Other features include