EVANSVILLE, Ind.–(BUSINESS WIRE)–Berry Global Group, Inc. (NYSE: BERY), recently announced the appointment of Anastasia Matthews to the role of Vice President – Global Diversity & Inclusion/Corporate Human Resources. In her new role, Matthews is leading Berry’s Executive D&I Council and D&I Global Workgroup in the development and execution of an updated diversity and inclusion strategy. This strategy will seek to advance the company’s commitment to fostering an environment that is
Month: February 2023
Sealed Air Global Impact Report: Mitigating Climate Change
Originally published in Sealed Air’s Global Impact Report
Sealed Air (SEE) is developing a strategy to effectively manage and reduce the greenhouse gas emissions associated with our operations and achieve the goals we have set to mitigate the negative impacts of climate change. We are building a technical roadmap for our transition to net-zero carbon dioxide emissions by 2040. The roadmap will inform the actions we take to reduce energy consumption, increase efficiencies in our operations, and find renewable energy opportunities for our manufacturing facilities across the globe.
Net Zero by 2040
SEE has committed to net-zero carbon dioxide emissions by 2040 across its operations (Scopes 1 and 2).
Reporting Year 2021 Performance
SEE generated 146,113 tonnes of CO2eq global Scope 1 CO2 emissionsSEE generated 285,848 tonnes of CO2eq global Scope 2 CO2 emissions
Science-Based Targets
According to the Science Based Targets initiative (SBTi), which defines and promotes best practice in emissions reductions and net-zero targets in line with climate science, SEE “commits to reduce absolute Scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year.” The company “commits to reduce absolute Scope 3 GHG emissions from purchased goods and services as well as use of sold products 15% within the same timeframe.” SBTi’s target validation team classified SEE’s Scope 1 and 2 target ambition and determined it is in line with a 1.5°C trajectory.
Scope 1
2021: 146,113 tonnes GHG
2020: 123,025 tonnes GHG
2019: 131,377 tonnes GHG
Scope 2
2021: 285,848 tonnes GHG
2020: 342,145 tonnes GHG
2019: 323,950 tonnes GHG
For consistency in reporting against SBTi-aligned goals, market-based emission factors are used whenever possible and supplemented with location-based data where market-based data is not available.
Contributing factors from refrigerants and fire suppressants have not been included in Scope 1 emissions calculations.
Greenhouse Gas Emissions
SEE follows the revised edition of the GHG Protocol Corporate Accounting and Reporting Standard with a centralized approach to quantify GHG emissions.
Absolute Emissions – Scopes 1 and 2*
Scope 1
2021: 146,113 tonnes GHG
2020: 123,025 tonnes GHG
2019: 131,377 tonnes GHG
Scope 2
2021: 285,848 tonnes GHG
2020: 342,145 tonnes GHG
2019: 323,950 tonnes GHG
*Scope 1 = GHG emissions in SEE facilities and fleet
*Scope 2 = GHG emissions from the electricity SEE purchases and includes owned and leased offices and facilities
For consistency in reporting against SBTi-aligned goals, market-based emission factors are used whenever possible and supplemented with location-based data where market-based data is not available.
Contributing factors from refrigerants and fire suppressants have not been included in Scope 1 emissions calculations.
CO2 – 73.59%
CH4 – 0.03%
N2 O – 0.30%
SF6 – 26.08%
A third party performed limited assurance verification of SEE’s emissions and usage data for the 2021 reporting year in accordance with the ISO 14064-3 Standard. The third party verified 85% of SEE’s greenhouse gas emissions. SEE did not generate perfluorocarbons nor nitrogen trifluoride emissions during reporting year 2021.
Greenhouse Gas Intensity Reductions
Reduce GHG Intensity (Scopes 1 and 2) 30% by 2025 and 46% by 2030 from a 2019 Base Year.
SEE measures and manages GHG emissions generated by its operations on a monthly basis. Scope 1 includes GHG emissions from fleet, operations or sources owned by SEE. Scope 2 is the indirect GHG emissions from purchases of electricity. The values for global warming potential for each source of GHG emissions are obtained using the Intergovernmental Panel on Climate Change Fourth Assessment Report. SEE calculates total metric tons of GHG emissions expressed as CO2eq. Intensity is calculated by dividing the total metric tons of CO2eq by the net trade sales.
Greenhouse Gas Intensity of Operations
Reduction of 17.5% in GHG intensity from a 2019 base year.
2021: 0.078 kg CO2eq / USD*
2020: 0.094 kg CO2eq / USD
2019: 0.095 kg CO2eq / USD
*To normalize foreign exchange rates and inflation fluctuations, net trade sales are adjusted to 2019 foreign exchange rates, except for one currency which has been designated as highly inflationary under U.S. Generally Accepted Accounting Principles (U.S. GAAP) and continues to utilize 2021 foreign exchange rates.
Read Sealed Air’s Global Impact Report here.
Learn More About Sealed Air’s ESG efforts here.
Chemours and EastSide Charter School Break Ground on the New Chemours STEM Hub
Chemours and the Wilmington, Delaware-based EastSide Charter School (ESCS) recently broke ground at Eastside Charter School on a new 24,000 square foot community STEM facility – the Chemours STEM Hub at EastSide Charter School. The new Hub will serve as a premier access point for science, technology, engineering, and math (STEM) education and other development opportunities in the Wilmington community. Made possible in part by a $4 million grant Chemours made in 2021 through its ChemFEST school partnership program, the Chemours STEM Hub will offer public spaces for learning and improve access for more students from more backgrounds to be exposed to, excited by, and interested in STEM.
“Shaping the world’s future through the power of our chemistry requires great innovators and problem solvers from all backgrounds. And ensuring we have a robust pipeline of future STEM talent requires strategic investments to nurture students and members of communities who have been underserved, under-resourced, and often overlooked,” said Mark Newman, President and CEO at Chemours. “Our ChemFEST school partnership program provides greater access and support so students can grow, explore, and achieve their dreams. We’re excited to take another step closer to opening the doors on the Chemours STEM Hub at EastSide Charter School.”
The Chemours STEM Hub will house ESCS APEX (Middle School Honors) and STEM programs and include a maker’s space, 3D printing, engineering, and other STEM-related activities. The impacts of the Hub will extend beyond the school day as it will double as a community center after-school, on weekends, and in the summer. Out-of-school programming will include mentoring, robotics, coding, chemistry, biology, renewable energy, and Science Olympiad competitions.
“We are stronger and better when we work together. And in a state with an impressive amount of STEM career opportunities, we do not have community spaces to prepare our citizens for these opportunities,” said Aaron Bass, CEO at EastSide Charter School. “The new Chemours STEM Hub at EastSide Charter School will allow students to receive world-class instruction from titans in the STEM field and gain skills that can improve their lives. Additionally, parents will have the opportunity to gain job skills and interview with STEM-focused businesses. The Chemours STEM Hub will be where community members, corporations, and educators can unite to transform our state.”
The Chemours STEM Hub at ESCS is anticipated to be completed by the start of the 2024-2025 school year, and has received support from the Delaware Federal Congressional Delegation, the Delaware General Assembly, Barclays, and more.
穆迪尋求契合其社區影響策略的非營利組織合作夥伴
紐約–(BUSINESS WIRE)–(美國商業資訊)–穆迪公司(Moody’s Corporation, NYSE:MCO)今天宣佈，其企業社會投資部門穆迪基金會(Moody’s Foundation)正在接受全球非營利組織成為其合作夥伴的申請，申請人需契合基金會的兩大策略重點領域：為小企業賦能以及支持新興市場的生態系統復育。 穆迪社區影響部門的全球負責人Jennifer Stula Rivera表示：「穆迪認為，促進包容性和韌性將推動更加繁榮的未來。為人們提供所需的知識和資源，讓他們能夠獲得機會並加速發展，是我們的策略優先事項和使命。我們欣然歡迎志同道合的新合作夥伴加入。」 穆迪策略長David Platt表示：「增強員工和社區的能力，是我們的價值體系、企業策略和商業目標的核心。我們的同事對於公司的志工服務和輔導計畫的成功至關重要。我們期待為他們與那些正在為自己社區帶來正向改變的新合作夥伴建立聯繫。」 穆迪的社區影響策略旨在解決對新興市場群眾造成特別大影響的問題。穆迪正在利用穆迪基金會的贈款，實施員工參與計畫（如志工服務和輔導計畫），提供免費的產品和服務，以支持其兩個重點領
穆迪寻求契合其社区影响战略的非营利组织合作伙伴
纽约–(BUSINESS WIRE)–(美国商业资讯)–穆迪公司(Moody’s Corporation, NYSE:MCO)今天宣布，其企业社会投资部门穆迪基金会(Moody’s Foundation)正在接受全球非营利组织成为其合作伙伴的申请，申请人需契合基金会的两大战略重点领域：赋能小企业以及支持新兴市场的生态系统恢复。 穆迪社区影响部门的全球负责人Jennifer Stula Rivera表示：“穆迪认为，促进包容性和韧性将推动更加繁荣的未来。为人们提供所需的知识和资源，让他们能够获得机会并加速发展，是我们的战略优先事项和使命。我们很高兴欢迎志同道合的新合作伙伴加入。” 穆迪首席战略官David Platt表示：“增强员工和社区的能力，是我们的价值体系、企业战略和商业目标的核心。我们的同事对于公司的志愿服务和指导计划的成功至关重要。我们期待着将他们与那些正在为自己社区带来积极改变的新合作伙伴联系起来。” 穆迪的社区影响战略旨在解决对新兴市场人群造成特别大影响的问题。穆迪正在利用穆迪基金会的赠款，实施员工参与计划（如志愿服务和指导计划），提供免费的产品和服务，以支持其两个
The Arbor Day Foundation Named Supporting Partner in United Nations Restoration Campaign
LINCOLN, Neb., February 15, 2023 /3BL Media/ – The United Nations Environment Programme has engaged with the Arbor Day Foundation to aid in the urgent movement to ramp up global sustainability efforts. The U.N.’s Decade on Ecosystem Restoration initiative recently named the Arbor Day Foundation as a supporting partner.
Launched in 2021, the 10-year campaign constructs focused strategy to avert climate change around the world. As a supporting partner of the U.N. Decade on Ecosystem Restoration, the Foundation will help develop evidence-based recommendations for the world’s leading environmental experts and expand the reach of the U.N.’s impact.
“The large-scale scope of the U.N.’s commitment requires a bold group of environmental stakeholders all working together, and the Arbor Day Foundation is excited to do its part,” said Dan Lambe, chief executive of the Arbor Day Foundation. “We hope our learnings from having planted trees in communities and forests around the world for more than 50 years can help this critical campaign as it seeks to create a better world for future generations.”
The U.N.’s flagship initiatives for the Decade on Ecosystem Restoration focus on areas of greatest need and closely align with the Arbor Day Foundation’s own conservation priorities. That includes prioritizing and protecting key ecosystems that include Brazil’s Atlantic Rainforest and the Central American Dry Corridor.
Trees play an important role in slowing climate change by pulling carbon from the atmosphere. Their benefits are maximized when planted where they are needed most, which is why the Arbor Day Foundation recently committed to planting 500 million trees with a focus in forests where they are needed most.
To learn more about its new goal, visit arborday.org/atreecanbe.
About the Arbor Day Foundation
Founded in 1972, the Arbor Day Foundation is the world’s largest membership nonprofit organization dedicated to planting trees. With a focus in communities and forests of greatest need, the Foundation — alongside its more than 1 million members, supporters and valued partners — has helped to plant nearly 500 million trees in more than 50 countries. Guided by its mission to inspire people to plant, nurture and celebrate trees, the Arbor Day Foundation is committed to unlocking the power of trees to help solve critical issues facing people and the planet. Learn more about the impact of the Arbor Day Foundation at arborday.org.
# # #
Boeing to more than double sustainable aviation fuel purchases in 2023
‘Closer to local design and demand’: Engine No. 1 launches Transform Supply Chain ETF in wake of COVID disruptions
EPA’s Greenhouse Gas Reduction Fund an Opportunity To Advance Environmental Justice and Extend Clean Energy Benefits to All
Ceres Director of Federal Policy Zach Friedman issued the following statement after the U.S. Environmental Protection Agency issued its initial guidance for the $27 billion Greenhouse Gas Reduction Fund, a measure within the Inflation Reduction Act designed to spur clean energy investment and deployment in low-income and marginalized communities:
“The Greenhouse Gas Reduction Fund is a key financing tool within the Inflation Reduction Act that provides a clear market signal for investors and companies to empower the communities that have been too often ignored yet are most at risk from the effects of the climate crisis. The grant-making process announced by the EPA today allows this important work to begin moving forward toward delivering jobs, lowering burdensome utility costs, and cleaning the air in these communities. We look forward to engaging with our private sector partners, our Community Development Financial Institution and Green Bank colleagues, and community-based organizations. Together, we can ensure that strong proposals for development and investment that expand the benefits of the clean energy economy to all are put before the EPA.”
Ceres submitted a letter to the EPA as the agency shaped its guidance for the Greenhouse Gas Reduction Act, calling for the program to “attend to both well-grounded principles of environmental justice and sound principles of clean energy and community investment.” Specifically, Ceres provided the EPA with the following recommendations to meet the program’s environmental justice goals:
Work with existing local financial institutions embedded in their communities;Ensure the funding benefits targeted communities;Prioritize projects and proposals focused on residential building electrification, energy efficiency, and distributed energy in low-income and disadvantaged communities, as well as clean technology workforce development.
Ceres worked with leading companies and investors throughout 2021 and 2022 to support passage of the Inflation Reduction Act and ensure a strong domestic clean energy industry, supply chain, and manufacturing base. Since passage of the landmark climate and clean energy law, Ceres has been closely engaged in its implementation to maximize its climate, equity, and economic benefits. In addition to its letter on the Greenhouse Gas Reduction Fund, Ceres submitted comments about parts of the law relating to clean vehicle tax credits, climate-smart agriculture, and energy efficiency upgrades and retrofits in commercial buildings.
About Ceres
Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit ceres.org and follow @CeresNews.
Media Contact: Helen Booth-Tobin
Putting the S Back in ‘ESG’
Originally published by The Property Council of Australia
In the world of sustainability, the S in ESG (environmental, social, and governance) is often assumed to stand for exactly that. However, experts warn that this common mistake risks overlooking a crucial component: the “social” aspect.
Devan Valenti of the International WELL Building Institute said the sleeping giant of ESG cannot be ignored, especially as the property market increasingly focuses on sustainability.
“One of the realisations investors are having is that there’s a better appreciation and understanding of the risks with poor social performance on an ESG perspective,” he said.
