Commercial | Page 100

Hilton’s 2020 Environmental, Social and Governance (ESG) Report revealed that the hotel brand is steadily working towards their 2030 SBTi goals to reduce Scope 1 and 2 GHG emissions from Hilton-managed hotels by 61%, and emissions from franchisees by 52%.

Kohl’s announced on April 22 that it has already achieved or exceeded its 2025 energy use and emissions targets. These goals included lowering Scope 1 and Scope 2 emissions from Kohl’s-owned operations by 50% (compared to 2014) and reducing its facilities’ energy consumption by 30% (compared to 2008).

On Earth Day, April 22, 2021, Thomson Reuters, the news, legal and information service, announced it has reduced its annual greenhouse gas (GHG) emissions by 93% from 2018 baseline levels.

Albertsons Companies has committed to set an emissions reduction target that aligns with the Science Based Targets initiative (SBTi) and the U.N.’s Paris Climate Agreement.

MSCI Inc., a provider of decision tools and services for the global investment community, announced on April 19 its commitment to the goal of net-zero emissions before 2040.

As Visa announced on April 21 that its operations became carbon-neutral in 2020, the company also pledged to reach net-zero emissions by 2040 and shared its plan to ultimately become climate positive.

Southeast-based grocery franchise Food Lion announced on April 19 its 2025 and 2030 goals to reduce energy use, GHG emissions, and food waste while increasing transparency and sustainability in its food supply chain. This commitment builds on Food Lion’s numerous sustainable initiatives in partnership with its parent company, Ahold Delhaize USA (ADUSA). 

Whole Foods Market announced that more than 100 of its U.S. stores will lower CO2 emissions by retrofitting their commercial refrigerators with Honeywell’s Solstice refrigerant.

As Under Armour joins RE100, it announced three commitments to reduce its environmental impact. Aligning with SBTi (Science Based Targets initiative) and RE 100’s criteria, these goals will help the athletic wear brand to achieve 100% renewable energy sources by 2030 and net-zero GHG emissions by 2050.

Verizon announced two new emissions reduction targets on April 19, committing to a 53% reduction in its operational emissions (Scope 1 and 2) between 2019 and 2030 and a 40% reduction in its value chain emissions (Scope 3) between 2019 and 2035.