New report findings reveal that despite Scope 3 emissions from supply chains being 26 times higher than operational emissions, only 15% of businesses reporting climate data through CDP have set targets to reduce them. Read more here: https://lnkd.in/eCySE9WH #corporatesustainability #Scope3Emissions #SupplyChainManagement #NetZero
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“Now that climate change has become a material risk factor threatening the sustainability of society, economy, and the ecosystem of our planet, it is an urgent issue that the entire world should address together. To meet the very challenging Paris Agreement goal of reaching net zero carbon emissions by 2050, major countries in the world have announced a 2030 goal as a stepping stone that will lead to the achievement of the ultimate 2050 goal. Japan, for instance, announced at the Climate Summit held in April 2021 that by 2030 it aimed to reduce GHG emissions by 46% compared to 2013 levels. We should all understand that meeting 2030 goals with collaborative efforts by the entire society is an essential milestone to achieving the Paris Agreement goal, and the JICPA is no exception. We are called on to actively get involved in these efforts, and therefore are fully committed to helping build a sustainable and prosperous society.” Tetsuya Mogi, Chairman and President, JICPA In 2021, 14 major #accounting bodies pledged to achieve #netzero #greenhousegasemissions as soon as operationally possible, and to facilitate their members in meeting their own net zero targets. We are showcasing their stories on our website. By sharing these experiences and emphasizing common challenges and collective action, we aim to inspire others to take similar actions. This collaborative effort helps us address the #climatecrisis together, rather than being paralysed by uncertainty. To learn more about these commitments, visit: https://lnkd.in/eC92SUvq
Our Journey: The Accounting Bodies’ Road to Net Zero
accountingforsustainability.org
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The use of carbon pricing as a policy mechanism to reduce greenhouse gas (GHG) emissions is rising and corporate organisations operating globally need to understand the implications for their business. The latest Risilience report, ‘The value of carbon pricing: navigating climate-policy risk to maximise opportunity’, features what business leaders need to know to reduce exposure and realise prospects – both now and in the future. https://lnkd.in/ecVm3ZTa #carbonpricing #businesstransformation #businessopportunity #netzero
The value of carbon pricing: navigating climate policy risk to maximise business opportunity
https://risilience.com
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6047k9CrD #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6049ZpZyF #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6041kVigx #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6040ki7Qu #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6043k4gt3 #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6049kWmgv #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
research.hsbc.com
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6048ZVNSk #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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⚡Reducing value chain emissions and increasing energy efficiency is critical to reducing the future impact of climate change 🌏Current Scope 3 emission disclosures and reduction targets in Asia are inadequate 🤝More active stakeholder engagement will be required to accelerate emission reduction plans to meet climate change ambitions To find out more, click to view 👉https://grp.hsbc/6047kkEsH #HSBCResearch #Research #Climate #Sustainability
Spotlight: ESG Integrated 3.0 | Free to View | HSBC Global Research
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2dGreat findings! It's crucial for businesses to address Scope 3 emissions, and your report sheds light on the urgent need for action. Keep up the important work.