Net Zero Carbon Commitment

THE MAJOR COMMITMENTS SO FAR

    12.2015

    Task Force on Climate-related Financial Disclosures (TCFD)

    TCFD launched and headed by Michael Bloomberg, former Mayor of New York.

    4.2016

    The Paris Climate Agreement

    Sets a global goal of limiting global warming to below 2ºC, signed.

    6.2017

    Task Force on Climate-related Financial Disclosures

    Final Recommendations released.

    10.2018

    IPCC

    Special Report on Global Warming of 1.5 °C.

    6.2019

    Net Zero Carbon by 2050

    UK sets national Net Zero Carbon by 2050 Target.

    7.2019

    UK Green Finance White Paper

    All UK listed companies and large asset owners to disclose in line with the TCFD recommendations by 2022.

    10.2019

    TSBTi

    Stops accepting targets with 2°C ambition.

    3.1.2020

    CO-OP

    The Co-op has moved the deadline for ensuring that 100% of the packaging on its own-brand lines is easy-to-recycle forward from 2023 to summer 2020.

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    6.1.2020

    PEEL L&P

    A portfolio of 11 office properties across Liverpool and Greater Manchester have been verified as net-zero carbon against the UK Green Building Council’s (UKGBC) standard, in what the developer has described as a national first.

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    6.1.2020

    VOGUE ITALIA

    Vogue Italia does not publish any photos in its latest issue, in a bid to highlight the environmental impact of producing a glossy fashion magazine.

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    7.1.2020

    EQUINOR

    Norwegian oil and gas giant Equinor has pledged to bringing the greenhouse gas footprint of its onshore plants and offshore fields to”near zero” by 2050.

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    8.1.2020

    HOMEBASE

    Homebase has pledged to achieve zero-waste-to-landfill status by 2021.

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    8.1.2020

    KROGER

    US retail giant Kroger has unveiled new steps to eliminate food waste across its company by 2025 by prioritising food donations and technological innovations to drive action through a Zero Hunger, Zero Waste initiative.

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    9.1.2020

    NATIONAL TRUST

    The National Trust has unveiled a plan to become net-zero carbon by 2030, which features one of the UK’s biggest forest expansion projects – planting 20 million trees.

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    10.1.2020

    BlackRock CEO Larry Fink’s annual letter calls for greater disclosure of climate-related risks and promises to launch new investment products that screen fossil fuels.

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    10.1.2020

    QUORN FOODS

    Quorn Foods is introducing labels detailing the carbon footprint of its products to some of its most popular lines.

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    12.1.2020

    BRITISH AIRWAYS

    British Airways has begun offsetting all emissions generated through domestic flights within the UK, at no additional cost to passengers. As part of its parent company – International Airlines Group (IAG) – target from October to reach netzero by 2050.

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    13.1.2020

    AB INBEV

    Global brewer AB InBev has signed a 10-year agreement with global energy giant BayWa r.e to purchase 100% renewable electricity to power its Western European breweries.

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    13.1.2020

    WATES GROUP

    Wates Group has committed to new goals that target zero waste from all onsite operations and zero carbon emissions from operations and vehicle fleets by 2025.

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    16.1.2020

    TAKEDA

    Japanese pharmaceutical giant Takeda will strive to achieve carbon neutrality across its value chain by 2040.

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    16.1.2020

    MICROSOFT

    Microsoft pledges to become carbon-negative by 2030, with the goal of removing carbon from the atmosphere that the company has emitted since it was founded in 1975.

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    16.1.2020

    ETIHAD

    United Arab Emirates’ national airline Etihad announced ambitious targets to halve its 2019 emissions by 2035 and reach net-zero carbon emissions by 2050.

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    16.1.2020

    NETSLÈ

    Nestlé extends its 2025 commitments to include the reduction of virgin plastics by one third in the same period.

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    16.1.2020

    PEPSICO

    PepsiCo announced that 100% of the electricity used across its US operations will be renewable by the end of 2020.

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    16.1.2020

    DEBENHAMS

    Debenhams has launched ambitions to source 100% of its cotton from sources certified as sustainable by 2022; to switch to FSC-certified paper for swing tags by December 2020; to remove plastic lamination from all swing tags by December 2020, and to divert all old fashion stock and samples from landfill or incineration.

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    16.1.2020

    VISA

    Visa has met its target to use 100% renewable electricity across its global operations.

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    17.1.2020

    THE JANUS HENDERSON UK PROPERTY PAIF

    The Janus Henderson UK Property PAIF has committed to become operationally net zero carbon across its portfolio by 2030.

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    20.1.2020

    MASTERCARD

    Mastercard has teamed up with a clutch of major companies, global banks, and transport authorities to deliver a fresh collaborative drive to ramp up private sector climate efforts, including a pledge to plant 100 million trees over the next five years.

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    21.1.2020

    LLOYD BANKING GROUP

    Lloyd’s Banking Group has pledged to halve the carbon emissions generated by projects it finances by 2030 and commited to source 100% renewable electricity.

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    20.1.2020

    STARBUCKS

    Starbucks has announced new targets to halve carbon emissions, water use and waste sent to landfill by 2030.

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    23.1.2020

    ASTRAZENECA

    AstraZeneca has pledged to become carbon-negative across its entire value chain by 2030, with an interim ambition of reaching net-zero operational carbon emissions from operations by 2025.

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    23.1.2020

    ACCOR

    Global hotelier Accor has committed to remove all single-use plastics from guest-facing operations by 2022.

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    27.1.2020

    NHS ENGLAND

    NHS England is establishing an expert panel to chart a practical route map this year to enable the NHS to get to ‘net zero’.

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    28.1.2020

    SAINSBURY’S

    Sainsbury’s has pledged to invest £1bn in order to become a net-zero business across its own operations by 2040.

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    31.1.2020

    EY

    EY has pledged to become a carbon-neutral business by the end of the year.

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    31.1.2020

    PANDORA

    Pandora joins the Science Based Targets Initiative (SBTi), pledging to become ‘carbon neutral’ by 2025.

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    3.2.2020

    ASDA

    Asda has committed to halving its Scope 1 (direct) and Scope 2 (power-related) emissions by 2025, under new targets which it claims are aligned with a 1.5C trajector.

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    3.2.2020

    BAFTA

    Bafta delivers its first carbon-netural ceremony, by investment in numerous initiatives to decarbonise and reduce the resource impact of the awards ceremony.

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    3.2.2020

    ASDA

    Asda has committed to halving its Scope 1 (direct) and Scope 2 (power-related) emissions by 2025, under new targets which it claims are aligned with a 1.5C trajector.

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    4.2.2020

    BARRATT DEVELOPMENT

    Barratt Development has pledged to reduce direct (Scope 1 and Scope 2) emissions by 29% by 2025 and cut indirect (Scope 3) emissions by 11% by 2030.

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    4.2.2020

    SKY

    Sky has unveiled a new commitment to achieve net-zero carbon emissions by 2030 through strategies to make its products more energy efficient, its film and TV more sustainable and by engaging consumers and the value chain to “go zero”.

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    7.2.2020

    LEGO

    Lego has vowed to eliminate virgin fossil-based plastics from its products within a decade, by investing heavily in recycled and bio-based materials.

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    14.2.2020

    ROYAL BANK OF SCOTLAND

    Royal Bank of Scotland will stop lending to energy companies that fail to align with the Paris climate agreement goals by 2021.

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    21.2.2020

    CEMEX

    Multinational cement and building materials giant Cemex has pledged to reach net-zero across its operations and products by 2050, as part of a new climate action strategy.

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    21.2.2020

    MCAPLINE

    McAlpine has set a 2025 net-zero carbon emissions target.

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    26.2.2020

    JP MORGAN CHASE

    JP Morgan Chase is set to become the latest global banking giant to restrict lending to the most carbon intensive fossil fuel projects.

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    26.2.2020

    VOLKSWAGEN

    Volkswagen’s chief executive has pledged to employ a young climate campaigner to “aggressively” challenge the company’s environmental policies, as he acknowledged the world’s largest carmaker was moving too slowly in the race to roll out electric vehicles.

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    26.2.2020

    RIO TINTO

    Mining giant Rio Tinto says it wants its globe-spanning operations to reach net zero greenhouse gas emissions by 2050 and will spend US$1bn over the next five years to reduce its carbon footprint.

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    28.2.2020

    DRAX

    Energy company Drax has announced it is planning to cease using coal at its Selby power station in North Yorkshire in March 2021, bringing half a century of coal-fired power generation to an end next year at the UK’s largest power station.

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    23.3.2020

    ELECTRICITY SUPPLY BOARD (ESB)

    Electricity Supply Board (ESB) has signed a €1.4 billion sustainability-linked loan deal aimed at pushing the Irish state-owned energy firm to deliver on its emissions goals and scale up its renewable energy capacity.

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    3.3.2020

    O2

    Telecommunications giant O2 has pledged to achieve net-zero across its entire business and mobile network by 2025 – a move it claims will make it the UK’s first net-zero mobile network provider.

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    6.3.2020

    NESTLÉ

    Nestlé has announced that its European business is working towards ensuring packaging is 100 percent reusable or recyclable by 2025.

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    9.3.2020

    GENERAL MOTORS

    General Motors (GM) will spend $20bn (£15.25bn) on electrifying its vehicle portfolio by 2025, as part of a new electric vehicle (EV) strategy.

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    10.3.2020

    ICELAND

    Iceland has posted an update to its commitment to remove all plastics from own-label product packaging by 2023, revealing that it now uses 29% less plastics in these applications than it did in 2018.

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    16.3.2020

    BIFFA

    Waste management firm Biffa has announced a new sustainability strategy that will aim to quadruple the group’s plastics recycling capacity and halve its emissions by 2030.

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    18.3.2020

    SAMSONITE

    Luggage giant Samsonite has pledged to become a carbon-neutral company by 2025.

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    19.3.2020

    CHANEL

    Luxury fashion and fragrance giant Chanel has committed to halve its carbon emissions by 2030, under a new 1.5C-aligned set of sustainability targets.

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    21.3.2020

    RICOH

    Printer giant Ricoh has had its latest emissions reduction goals approved under the Science Based Targets Initiative (SBTi) after more than doubling its emissions reduction target for 2030.

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    1.4.2020

    ARCHER DANIELS MIDLAND

    The world’s largest food and ingredient supplier, Archer Daniels Midland, has set a new target of reducing emissions by 25% by 2035.

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    9.4.2020

    AECOM

    Engineering and construction firm AECOM has revealed that targets to reduce operational emissions by 20% and value chain emissions by 10% by 2025 have been approved by the Science Based Targets initiative (SBTi) as aligned to the requirements of the Paris Agreement.

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    14.4.2020

    HELLOFRESH

    HelloFresh announced a new goal to offset 100% of its carbon emissions. The meal kit company will partner with terrapass, a company specializing in carbon offsetting, to fund environmental projects aimed at reducing green-house gas emissions.

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    17.4.2020

    PEARSON

    Learning and education company Pearson has had targets to halve its operational and value chain emissions by 2030 approved by the Science Based Targets initiative (SBTi).

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    20.4.2020

    EVIAN

    Danone-owned bottled water brand Evian has confirmed it has achieved carbon neutral certification across all the countries where the brand operates, following efforts to improve the efficiency of facilities and logistics and reducing lifecycle emissions of its bottles.

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    5.5.2020

    TOTAL

    Global energy company Total is the latest in the sector to commit to net-zero emissions, setting a target for 2050 or sooner after extensive engagement with a climate action investor coalition.

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    14.5.2020

    EUROPEAN CEMENT ASSOCIATION

    The European Cement Association, Cembureau, this week published its new Carbon Neutrality Roadmap, laying out its vision along with policy recommendations required to help the industry reach net zero emissions across the cement and concrete value chain by 2050.

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    26.5.2020

    ICELAND

    UK supermarket Iceland has cut down its food waste by almost a quarter over the past two years, saving almost 2,500 tonnes from being binned through a greater focus on measurement and efficiencies across it stores, as well as redistributing unsold food to charities and supermarket staff.

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    28.5.2020

    SOUTHERN COMPANY

    Southern Company announced plans to achieve net zero carbon emissions across its system by 2050 during its annual shareholder meeting on Wednesday, after setting a “low- to no-” carbon by 2050 goal in 2018.

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    29.5.2020

    ZALANDO

    German online fashion retailer Zalando has confirmed it will be the first retailer signed up to the Sustainable Apparel Coalition (SAC) to use a new module that will make sustainability assessments mandatory for its private labels and partner brands sold on its platform.

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    1.6.2020

    ENERGY INSTITUTE

    The Energy Institute, the membership organisation for the energy sector, has committed to achieving net zero emissions “well before” mid-century.

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    2.6.2020

    IKEA

    Ikea is building on a commitment to becoming a fully circular business by 2030 by announcing a new strategic partnership with the Ellen MacArthur Foundation that will focus on advocating for closed-loop home furnishing designs and methods to promote circular offers to customers.

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    3.6.2020

    AB INBEV

    The world’s largest brewer, AB InBev has unveiled a new supplier forum to assist with environmental stewardship across the value chain, giving suppliers the option to receive educational materials to help reduce emissions and lower water usage.

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    2.6.2020

    BT

    A corporate coalition calling for a faster shift to electric vehicles (EVs) in the UK has been launched today by green business non-profit The Climate Group in partnership with digital telecoms giant BT.

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    5.6.2020

    ROLLS ROYCE

    Rolls Royce has pledged to become a net zero carbon business by mid-century, while developing new products and technologies that allow the hard-to-abate aviation, power, shipping, and rail industries to decarbonise in the same time frame.

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    5.6.2020

    OVO

    Energy giant OVO has pledged to deploy a fully electric fleet and double its energy productivity by 2030, as the company today moved to strengthen its Plan Zero decarbonisation strategy.

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    15.6.2020

    NATURA & CO

    Health and beauty giant Natura & Co – the parent firm of brands including The Body Shop and Avon – has unveiled a new package of sustainability commitments, headlined by a pledge to reach net-zero emissions within a decade.

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    19.6.2020

    LYFT

    Ride-hailing company Lyft has announced that all drivers on its ride-hailing platform will need to shift over to electric vehicles within the next decade, as it became the latest major company to join the global EV100 initiative.

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    30.6.2020

    BARRAT DEVELOPMENTS

    The UK’s largest housebuilder, Barratt Developments, has built on recently announced science-based targets by committing to achieving net-zero greenhouse gas emissions by 2040.

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    1.7.2020

    LUCOZADE RIBENA SUNTORY

    Beverage giant Lucozade Ribena Suntory (LRS) has pledged to achieve net-zero greenhouse gas (GHG) emissions across its entire multinational value chain by mid-century.

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    21.7.2020

    UNIVERSITY OF HULL

    The University of Hull has pledged to achieve carbon-neutral operations within seven years, and will invest in energy efficiency and renewable energy generation technologies to meet this ambition.

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    23.7.2020

    APPLE

    Multinational Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. 

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    24.7.2020

    CAPGEMINI

    IT services and consultancy firm Capgemini has pledged to achieve carbon-neutral operations by 2025 and full net-zero alignment by 2030, after meeting one of its key emissions targets a decade ahead of schedule.

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    24.7.2020

    CADENT

    Cadent and Electricity North West plot roadmap to net-zero Manchester by 2038

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    27.7.2020

    NANDO

    Nando’s has unveiled a new commitment to achieving zero direct emissions and reducing the carbon footprint of its meals by almost 50% by 2030, with the company confirming that they will not rely on carbon offsetting to reach the new targets.

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    27.7.2020

    ICELAND FOODS

    Iceland Foods has revealed that it has reduced its operational emissions footprint by 74% since 2011, despite growing the business, putting it on track to reach net-zero by 2042.

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    29.7.2020

    NATIONAL EMPLOYMENT SAVINGS TRUST

    The Government-backed National Employment Savings Trust (Nest) scheme is set to begin divesting from fossil fuel projects immediately, as part of a new roadmap designed to ensure its operations are aligned with the UK’s net-zero target.

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    30.7.2020

    LANDSEC

    Property developer Landsec has revealed that it is progressing plans for what it hopes will be the UK’s first net-zero commercial building – an office block in Southwark, south London.

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    4.8.2020

    NOVO NORDISK

    Global healthcare firm Novo Nordisk has achieved its ambition to use 100% renewable electricity to power its production facilities.

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    5.8.2020

    ITV

    Broadcaster ITV has outlined new sustainability targets to reduce emissions by more than 46%, reach 100% renewables and certify its studios and programmes to sustainability standards.

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    9.11.2020

    COP26

    UN Climate Conference in Glasgow.