European Commission Communication Women in the European Union continue to earn less than men – the average gender pay gap in the EU stands at 13%. This means that for every €1 a man earns, a woman will make only €0.87. Equal Pay Day marks the date that symbolises how many extra days …
Oil and Gas Companies Spill Millions of Gallons of Wastewater in Texas
By Martha Pskowski and Peter Aldhous, Inside Climate News An exclusive Inside Climate News analysis found companies have spilled nearly 150 million gallons of toxic, highly saline wastewater in Texas over the last decade. Oil and gas lawyer Sarah Stogner visits Lake Boehmer in Pecos County where abandoned wells have …
Just 4% of Top Companies Meet UN Climate Target Guidelines, Study Says
By Simon Jessop, Reuters LONDON, Nov 6 (Reuters) – Half of the world’s 2,000 biggest listed companies have set a target to get to net-zero emissions by mid-century, but just a fraction meet tough United Nations guidelines for what constitutes a quality pledge, a report on Monday showed. Net Zero …
Unprecedented Industry Collab Paves Way for Decarbonization of Global Supply Chains
Sustainable Brands With foundational support from Apple, Amazon, Meta, Nike, PepsiCo and REI, the Clean Energy Procurement Academy aims to equip companies with the knowledge required to shift to clean energy. Supply chain emissions — aka Scope 3 emissions — account for more than half of global greenhouse gas emissions and can represent …
UK Must Offer Businesses Certainty Over Green Energy, says Boss of FTSE 100 Firm
By Jasper Jolly, The Guardian Miles Roberts of packaging-maker DS Smith warns manufacturing will decline unless government provides clarity about decarbonisation. The UK risks seeing its manufacturing sector fall behind rival economies if the government does not offer certainty over policies on shifting to green energy, according to the head …
The US Electric Grid is Getting a $3.5 Billion Upgrade
By Joseph Winters, Grist New funding from the Biden administration aims to build an energy system more resilient against climate impacts. The Department of Energy announced on Wednesday that it would funnel $3.46 billion toward upgrading the country’s aging electric grid — marking its largest-ever investment in that part of the United …
EU to Push for COP28 Deal on Phasing out Fossil Fuels
By Kate Abnett, Reuters BRUSSELS, Oct 16 (Reuters) – EU countries’ climate ministers on Monday approved the bloc’s negotiating position for this year’s U.N. COP28 climate summit, agreeing to push for a world-first deal to phase out CO2-emitting fossil fuels. The agreement sets up the 27-country European Union to be …
Net-Zero Goals Have the Right Ambition, But Most Lack a Clear Path to Realization
By Geoff Nudelman, Sustainable Brands According to Capgemini research, the CPG and retail industries exemplify some of the most common issues when it comes to turning net-zero goals into measurable action. According to a 2023 Net Zero Tracker report, less than 5 percent of a group of companies that have publicly stated net-zero …
Connecting the Dots: Digital Tools Helping Companies Tackle Scope 3 Emissions
By Max Winograd, Sustainable Brands Quantifying scope 3 is undeniably daunting. But the Partnership for Carbon Transparency is working to create the ‘internet for emissions data’ — which would set a common framework for all organizations to seamlessly connect, exchange and derive insights from emissions data. When it comes to …
California to Require Big Firms to Reveal Carbon Emissions in First Law of its Kind
By Dharna Noor, The Guardian Measure signed into law by Gavin Newsom on Saturday is strong blueprint for national climate accountability, experts say. A groundbreaking California law will force large companies doing business in the state – including major global corporations – to disclose their planet-heating carbon emissions. The measure, signed into …