All Paris Agreement articles
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Article
Thule’s sustainability targets confirmed
The Science Based Targets initiative (SBTi) promotes ambitious climate protection measures in the private sector by allowing companies to set science-based targets for reducing greenhouse gas emissions. Thule Group’s targets for Net-zero have now been approved by the organization. This is an important endorsement of the company’s sustainability ambitions. In ...
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News briefs
SBTi verifies Polartec’s net zero commitment until 2050
Polartec has announced that its parent company, Milliken & Company, is now pursuing science-based and approved Net Zero goals. Milliken’s short- and long-term goals were verified and validated this summer by the Science-Based Targets Initiative (SBTi). The initiative is a U.N.-backed collective that helps companies set emissions reduction targets consistent ...
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Article
Oeko-Tex rebrands, launches new certification for Responsible Business
Starting in November 2022, Oeko-Tex is offering a new certification addressing due diligence requirements. With the introduction of the new Oeko-Tex Responsible Business certification, the company aims to support brands, brand groups, retailers and traders in the textile and leather industry in meeting the challenges of implementing human rights and ...
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Article
Voluntary Carbon Market Rankings for 2022 and market analysis published
The Voluntary Carbon Market Rankings, published annually by online news and analysis service Environmental Finance, are on firmer footing in their third year of existence, with the number of completed returns doubling from around 2,000 in 2021 to nearly 4,000 this year, up from 1,500 two years ago. In general, ...
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News briefs
Bergfreunde reports 31 percent growth in 2021, turnover exceeds €200 million
German e-commerce specialist Bergfreunde has released its 2021 report, stating a record turnover of €203 million. Given the unbroken growth trend in 2022, Bergfreunde is investing in new employees and further expanding its customer support (which currently counts 60 people) and IT development team. In 2021 alone, the store IT ...
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Article
COP26: Fashion industry boosts climate ambitions with renewed charter
A group of companies from the broader fashion industry has released a new Fashion Industry Charter for Climate Action with updated science-based emissions reduction targets at the Glasgow Climate Conference (COP26). The new commitment includes a decarbonization plan that is consistent with the Paris Agreement targets to limit global temperature ...
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Article
SBTi launches new Net-Zero corporate standard
The Science Based Targets initiative (SBTi) has launched a new standard for companies to certify their net-zero targets. SBTi sees a lack in robust certification, while companies are currently self-defining net-zero targets without a credible and independent assessment of their ambition and integrity. The new SBTi Net-Zero ...
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Article
SBTi approves eBay’s ambitious climate action goal
eBay Inc. continues its commitment to climate action by setting an ambitious greenhouse gas (GHG) target approved by the Science Based Targets initiative (SBTi). eBay commits to reduce its own (scope 1 and scope 2) emissions by 90 percent by 2030 from a 2019 base year, in line with limiting ...
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News briefs
Thule’s momentum continues through Q1
Everything is going well for Swedish Thule Group . In an interim report, it published sales for the first quarter that soared by 45.5 percent from the year-ago quarter to 2,538 million Swedish kronor (€250.7m-$301.6m) or by 56.0 percent in constant currencies. Net income jumped to SEK 447 million ...
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Article
U.S. companies demand climate action from Biden administration
310 U.S. businesses have signed an open letter demanding that the Biden Administration makes every effort to achieve a 50 percent reduction in emissions by 2030. The open letter was organized by the We Mean Business Coalition , a global coalition of nonprofits working with businesses around the ...
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Article
Vaude joins The Climate Pledge
Thirteen new companies have joined The Climate Pledge , co-founded by Amazon and Global Optimism , a U.K.-based purpose driven enterprise focused on social and environmental change, to meet the Paris Agreement’s goals 10 years early, making a total of thirty-one companies who have joined the ...