US firms sign up for Science-Based Targets; winners and losers from climate change; fossil fuel companies move on methane emissions

Science, Albert Einstein once said, is nothing more than a refinement of everyday thinking. Put more bluntly, science clarifies the obvious. Such is the thinking behind a growing movement in business when it comes to tackling climate change. Corporate leaders know climate change is happening, they know it will hit them hard if it is allowed to accelerate, and – increasingly – they know a scientific approach can help. Hence, the decision this year by more than 130 large companies to make science-based emissions reduction commitments, up nearly two-fifths (39%) on the same period last year.

The recent surge means 492 companies now have emissions reduction targets aligned with the levels required to prevent dangerous global warming, according to the Science Based Targets Initiative, a multi-party group that assesses corporate emissions reduction targets. More than one in six (17%) Fortune Global 500 companies are now on the list, which includes beverage conglomerate AB InBev, US food producer Kraft Heinz and French tyre manufacturer Michelin. In a rebuff to the anti-science messaging coming from the White House, 50 US companies have signed up since 1 June 2017 (the...

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RE100  Climate Group  Danone  WWF  science-based targets 

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