Commercial | Page 104

Bank of America announced on Feb. 11 a series of initial steps it will take to achieve its goal of net zero GHG emissions in it financing activities by 2050, as well as broader 2030 operational and supply chain goals as part of a holistic commitment to environmental sustainability.

UK grocery chain Sainsbury’s announced on Feb. 3 that it plans to significantly reduce GHG emissions with approved science-based targets in its operations and across the supply chain.

Bloomberg LP announced Feb. 3 it has committed to achieve net zero carbon emissions by 2025, the same year as the company's existing target to reach 100% renewable energy.

The Estée Lauder Companies announced Jan. 26 that it is committed to eliminating the carbon emissions associated with the products sold within its Travel Retail unit, including duty-free environments like airports, downtown locations, airlines, cruises and border shops.

KPMG, a global organization of independent professional services firms, announced on Jan. 26 that it has published its first ESG plan. The company’s Impact Plan brings together new and existing ESG commitments under one umbrella.

Cubic Corporations announced Jan. 27 that in 2020 it reduced its CO2 intensity by 17% and reduced its Scope 2 emissions, the focus of its emissions tracking, by 18%.

GM announced on Jan. 28 that it plans to become carbon neutral in its global products and operations by 2035, eliminating tailpipe emissions from new light-duty vehicles by 2040. To reach its goals, GM has committed to science-based targets, signed the Business Ambition Pledge for 1.5⁰C, and plans to source renewable energy and leverage minimal offsets or credits.

Global tech company Akamai Technologies announced on Jan. 25 that it has reduced its greenhouse gas emissions by sourcing more renewable energy. While 2020 traffic on the Akamai platform increased, Akamai's greenhouse gas emissions decreased.

EY, the global organization of Ernst & Young, announced on Jan. 25 that it has set an ambition to be carbon negative in 2021 by setting targets to significantly reduce its absolute emissions and removing and offsetting more carbon than it emits.