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First airline group to commit to net zero carbon emissions by 2050, setting a precedent for aviation; • November 2019.
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We’ve also committed to achieving Net Zero by 2042 and are developing and implementing a Net Zero strategy in line with the science-based targets initiative (STBi).
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Goal to be Net Zero by 2040, RE100 member, and 100% renewable electricity goal by 2022, Science Based Targets
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We remain focused on exploring new, innovative ways in which we can meaningfully reduce the environmental impact where we operate and are wholly in support of achieving carbon neutrality by 2050:
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Australia The Government of Australia has a 26 to 28 per cent national emissions reduction target over 2005 levels by 2030 and a goal to achieve a net-zero national economy by 2050.
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By 2030 our greenhouse gas emissions (in CO2e) shall be 50 per cent lower, by 2035 we shall be climate neutral and by 2050 our emissions shall be net-zero.
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We committed to reach net-zero carbon emissions across our own operations, ten years earlier than originally planned, by 2040 (scope 1 and 2) and become net-zero businesses across our entire supply chain, products and services by 2050
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Scope 1 30%
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In line with the nation’s objective of achieving Net Zero emissions by 2070, as articulated at COP26, BPCL has set a target of achieving Net Zero for its controllable (i.e., Scope 1 and 2) greenhouse gas (GHG) emissions by 2040.
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It bundles all the measures to reduce the ecological footprint in Production and Logistics with the central goal of making all Audi production locations worldwide net carbon-neutral1 by 2025.
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As a result of these diversified efforts to reduce GHG emissions, the total GHG emissions (Scope 1~3) in 2021 was 622,089 tCO2e, a decrease of 17.24% compared to 751,658 tCO2e in 2020.
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- Reduce GHG emissions (Scope 3) by 20% per unit of revenue by fiscal 2030
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We have committed to reducing absolute GHG emissions across our direct operations (Scopes 1 and 2) by 46%, and across our value chain (Scope 3) by 15%, by 2030, from a 2019 base year.
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• We are setting a trajectory to reduce our Scope 1 and Scope 2 GHG emissions to net zero by 2050, with interim targets of reducing our GHG emissions intensity by 50% and our methane intensity by 75% by 2030 from our 2019 baseline.
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Although the effect of removing and storing carbon seems potentially significant already, it's important to recognise that we'll only reach net-zero once GHG emissions have been reduced in absolute terms by at least 90% by 2050 at the latest.
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Committed to reduce Scope 1 & 2 carbon emissions by 67% by 2034 from a 2019 baseline.
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First, to ACT for a low-carbon society, in line with the Paris Agreement, by setting a target of carbon neutrality by 2050, with two major intermediate steps: the start of the reduction of its CO2 emissions in absolute value around 2025 and a 33% decrease in its CO2 emissions from Scopes 1 and 2 by 2035 compared to 2020.
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Within the Report, Eldorado announced its inaugural GHG target to mitigate Scope 1 and Scope 2 GHG emissions by an amount equal to 30% of its aggregate 2020 baseline for operating mines – equal to approximately 65,000 tCO2e – by 2030, in comparison to possible Scope 1 and Scope 2 GHG emissions in an unmitigated (“business as usual”) operating and growth scenario.
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Greenhouse gas emissions were up 4% overall but decreased by 14% per FTE compared with 2020.
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A report published by the World Economic Forum shows that as of January 2022, 92 countries had committed to net zero carbon emission targets, but only eight of them aim to reach the target by 2050 and had implemented a nationwide carbon pricing scheme.
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At Booz Allen Hamilton’s option, borrowings under the Secured Credit Facility bear interest based either at LIBOR (adjusted for maximum reserves, and subject to a floor of zero) for the applicable interest period or a base rate (equal to the highest of (x) the administrative agent’s prime corporate rate, (y) the overnight federal funds rate plus 0.50% and (z) three-month LIBOR (adjusted for maximum reserves, and subject to a floor of zero) plus 1.00%), in each case plus an applicable margin, payable at the end of the applicable interest period and in any event at least quarterly.
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Emerson 2021 ESG Report: Net Zero Across Our Value Chain by 2045 (Establishing a Scope 3 Footprint and Improving Data Quality and Analysis), p. 22; Environmental Data, p. 95
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We have an ambition to achieve net zero by 2050, this includes: –
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We’re proud to announce our commitment to reduce our scope 1 and 2 GHG emissions by at least 50% by 2025, and we are actively working on a longer-term goal.
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Operational Net Zero by 2030, Total Net Zero by 2045.
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Circular Economy LATAM aims to eliminate single-use plastics before 2023 and be a zero waste to landfill group by 2027.
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2021 – 2024 Reduction of CO2 emissions by 10 % in 4 years1
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We have been purchasing fully certified zero-deforestation soymeal in all our feed since 2019 and are making good progress in our plans to source from verified zero-deforestation areas by 2025.
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We aim to be Net-Zero by 2040 and achieve carbon neutrality in our own operational energy use by 2022.
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We’ve made strong progress to date in reducing carbon emissions from electricity generation (a 44% reduction from 2005) and have committed to do more (at least 50% reduction by 2030 and net-zero by 2050).
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A global switch to solar and wind grids could reduce CO2 emissions by 3 gigatons and 1.1 gigatons respectively by 2030.
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• 30% decrease in GHG emission intensity per ounce of gold equivalent by 2030 (Scope 1+2, 2019 baseline)
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Replacing fossil- with bio-based styrene results in a 57% reduction in CO2 footprint; replacing fossil-with bio-attributed acrylonitrile (ACN) results in a 14% reduction.
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Above and beyond its existing net zero target for global operations, which it aims to achieve by 2030 at the latest, the Group has undertaken to achieve net zero emissions in its underwriting and investment activities by 2050, in line with the goals of the Paris Agreement on Climate Change.
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In the agreement, it committed to reducing emissions growth by 21% by 2030 and complying with the “Net Zero Emissions” target by 2053.
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This is supporting both our own decarbonisation goals – we are aiming to reach net zero emissions by 2050 – and our customers’ lower carbon and sustainability ambitions.
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Schneider Electric is committed to engaging its suppliers towards net-zero CO 2 emissions by 2050, and is already taking concrete action, through its Zero Carbon Project for the next 5 years.
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From 2019 through 2020, the most recent reporting year, we achieved a 28% decrease in greenhouse gas intensity and a 34% decrease in methane intensity.
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oC by 2100, stringent and immediately introduced climate policies and emissions reductions achieve net zero emissions by 2050, broadly aligned to RCP1.9 and RCP2.6.
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• Committed to reaching a Net Zero emissions target in our global plants and operations by 2030 and achieved a greenhouse gas emission reduction of 27% in Scopes 1 & 2 from 2016 to 2021 • Issued our first Sustainability Bond, enabling us to invest in projects that improve our communities and our environment.
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Reduced Scope 3 supply chain emissions by 20% against a 2016 base year and 22% against 2020
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Help our customers be net zero by 2050
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New and updated sustainability targets were adopted, including a commitment to reach net-zero greenhouse gas emissions by 2050.
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Hasilnya jejak karbon produk dari 148,40 kg CO2e/juta sigaret pada tahun 2016 menurun 3,3% (143,5)
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Launched HKIA Net Zero Carbon Pledge by 2050 with a 2035 mid-term target
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including a goal to reach net zero value chain greenhouse gas (GHG) emissions by 2050.
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The benefits noted to date include a 37% reduction in fuel and GHG emissions, 34% reduction in equipment operating hours and a 35% reduction in machine operating costs.
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It has been estimated that if polymers and plastics were to be replaced to the maximum extent in applications where they can be substituted, overall life-cycle GHG emissions in Europe would increase by more than 50%.
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This movement to lower-carbon products will allow the Company to reduce the lifecycle carbon intensity of energy products sold by at least 20% by 2030.
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An industry-led “Task Force on Afforestation” created modalities for partnering with the Government of India on its mission of developing carbon sinks of 2.5-3 billion tonnes and restore 26 million hectares by 2030.
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• VUMERITY® analysis achieved a 43% reduction in greenhouse gas emissions and a 33% reduction in waste.
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In NZE, low-carbon-fuel will comprise less than 20% of all ships.•By 2050, in SDS, more than 50% of fuel consumption will be low-carbon-fuels, and in NZE, it will be over 80%.
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The Net Zero Asset Managers initiative brings together an international group of asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global eff orts to limit warming to +1.5
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At payout, the target number of performance shares may be reduced to zero or increased by up to 150%.
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– In line with Rotork’s SBTs, reduce emissions from scope 1 & 2 sources by 42% by 2030
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GHG emissions from city gas and LNG combustion on the customer side amounted to 17.09 million tons in the reporting year in terms of CO2, accounting for about 64% of the total.
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According to the statistics published by Eurocontrol, while the number of passengers (RPK) increased by 40% between 2009-2014, the CO2 emissions only show an increase of 15% within the same timeframe.
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• Zero Liquid Discharge: using 100% closed water circuits.
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› Adoption of a net-zero GHG emissions target with interim targets for our operating and financing activities by 2050.
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TAP, aware of its environmental impact and being the use of SAFs a key element of the roadmap for net-zero carbon emissions by 2050, became a founding member of BioRef, a collaborative laboratory for biofuel research integrated in the National Plan for the Promotion of Bio Refineries.
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Building off pre-existing partnerships, the Scenic Vision concept car boasts a carbon footprint that is 75% less than other electric vehicles such as the Megane-e. Its battery has carbon footprint 60% smaller than a similar battery, thanks to the use of short-loop and low-carbon sourcing of minerals, and because the battery is made and assembled using carbon-free energy.
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These new targets build on Tarkett’s first commitment in 2013 to reduce its GHG emissions intensity (Scope 1 & 2 kgCO2e/m2) by 20% by 2020 compared to 2010, something that Tarkett achieved having reduced its GHG emissions intensity by 26.8% at the end of 2020.
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The following assumptions were used to calculate the stock-based compensation for market-based restricted stock units: a weighted-average expected term of 0.83 – 2.07 years; expected volatility of 65.5%; a risk-free interest rate of 0.53%; a zero dividend yield; a risky rate (cost of equity) of 16%; and a discount for post-vesting restrictions of 10.4% – 14.5%.
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Environmental Sustainability/Prioritizing Climate Mitigation:Net-Zero by 2040, page 32; TCFD Summary, page 43 TCFD Index
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For the risk-free interest rate which forms the basis of the discount rate, the yield from Swiss government bonds is taken (abroad: Germany) with a maturity of ten years and a zero-interest rate, subject to minimum interest rates of 1.5% (Switzerland) and 2.0% (abroad).
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In parallel with our goal to achieve net zero carbon emission in all our operations by 2030, we aim at meeting 100% of our electricity needs from renewable sources of energy within the scope of our initiatives for the minimization of greenhouse gases.
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As a result of these projects, per year the company expects to save more than 20,000 MWh of energy (0.8% of its total energy consumption), prevent nearly 5,500 t of CO2 equivalent emissions (0.7% of its total Scope 1 and 2 emissions), save more than 220,000 m3 of water (0.5% of its total water consumption), and recycle or reuse roughly 700 t of waste.
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• Brambles commits to a 1.5°C degree climate future aligning with the 2015 Paris Climate Agreement • Setting SBTs covering 100% of our Scope 1 and 2 and over 90% of our Scope 3 emissions • 100% of electricity for our operations will be renewable by 2025 • All our operations will be carbon neutral by 2025
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The UK Government has prioritised the decarbonisation of the transport and energy sectors to meet its target of net zero carbon emissions by 2050.
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Europe has set its plan to reduce GHG by at least 55% by 2030 and achieve climate neutrality by 2050.
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• AT&T has set an industry-leading target to help businesses collectively reduce a gigaton of greenhouse gas (GHG) emissions by 2035 – equivalent to roughly 15% of all 2020 U.S. GHG emissions.
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On the other end, RCP2.6 represents strong mitigation efforts with early participation from all emitters, leading to a reduction of emissions to net zero by 2070.
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This involves the commitment to reduce our absolute greenhouse gas emissions for scope 1 & 2 by 25% and scope 3 by 12.5% by 2030 compared to our 2020 base year.
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In 2021, emission intensity from our own operations was 3.5 CO2e tons/SEK M, down 41 percent compared with 2015.
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As part of our sustainability ambition, we strive for carbon neutrality and emission-free mobility and industries by 2050 at the latest (see also the sections on carbon neutrality and on emission-free mobility and industries in this combined non-financial statement) and thus for the expansion of clean and carbon-neutral mobility.
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The requirements of the ETA and the Company’s goal compare favorably to the U.S. NDC of 50% to 52%carbon emissions reduction by 2030 and the Biden Administration’s goal of net-zero carbon emissions economy-wide by 2050.
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Avista also set a natural gas goal of being carbon neutral by 2045, with a 30% reduction of greenhouse gas emissions by 2030.
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We’ll achieve net zero carbon emissions across our value chain by 2030, driven by emissions reduction targets, and will be carbon neutral in our direct operations by 2025.
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challenging times, the Management Board introduced a refreshed long-term strategy and key commitments during our Investor Day, announced plans to explore a subsidiary IPO for bol.com, and set out a bold ESG ambition and plans to work towards a net-zero scenario by 2050.
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In 2021, power generated from natural gas contributed around 50% of total output and the carbon emissions were about 26% lower than the 2005 level.
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This plan includes the goal of reducing 50% of its scope 1, 2 and 3 emissions by 2050 and 25% of its scope 1 and 2 emissions by 2030, with respect to 2019, thereby contributing to Colombia’s commitment to reduce 51% of GHG emissions by 2030 following the mitigation targets established in the Paris Agreement.
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We are actively developing technologies and processes to enhance energy efficiency and reduce our carbon footprint; aiming to achieve net-zero greenhouse gas emissions from mining before 2050.
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The levers identified to reach the Group’s carbon reduction target from operations (reduce emissions from operations by -80% by 2030) will actively participate in the achievement of this new target.
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Moreover, Huhtamaki is shifting to renewable energy sources with an aim to reach carbon neutral production by 2030.
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(b) in relation to the Naira facility, NIBOR (subject to a zero floor) plus a margin of 2.50% per annum.
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Target: Identify goods and suppliers representing the majority of the GHG emissions from purchasing of goods and services Result: Around 60 suppliers of goods and services contributed to 37% of the total Scope 3 emissions.
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Another topic of attention has been Vale's climate strategy, which includes commitments aligned with the Paris Agreement, such as being carbon neutral by 2050 in Scopes 1 and 2, considering projects and technologies focused on the reduction of greenhouse gas emissions and decarbonization.
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• Net Zero Emissions by 2050 Scenario (NZE) – a normative IEA scenario of achieving net zero CO2 emissions by 2050, with advanced economies reaching net zero emissions sooner than others.
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Hexagon has a goal to become carbon neutral in its scope 1 and 2 emissions by 2030, and to become carbon neutral in its whole value chain (scope 1, 2 and 3) by 2050.
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In 2021, the BMW Group announced an upgrade of its 2030 climate commitments with more strenuous CO2 emission reduction targets set across its value chain, including an 80% reduction in production CO2 emissions per vehicle versus the 2019 level.
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FlashArray//XL170: Reduces GHG emissions and energy consumption by over 80% when compared to a competitive all-flash array.
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As a result, the business has increased its ambition and action by launching its sustainability strategy outlining its aim to be net zero by 2030.
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Whilst the group has stated its commitment to being Net Zero on Scope 1 and 2 emissions by 2030 and supporting the goal of limiting global temperature rise to well below 2oC as per Article 2 of the Paris Agreement, the group has determined some, but not all, of the future economic impacts on their business model, operational plans and customers to achieve this and therefore, as set out above, the potential impacts are not fully incorporated in these financial statements.
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1 By 2030, solar and wind renewable capacities are expected to increase by 630 GW and 390 GW annually, and global biogas production is expected to reach more than 1500 TWh (NZE (Net Zero Emissions) scenario, IEA) 2 Source: IFRI (Institut Français des Relations Internationales – French Institute of International Relations) study, September 2021
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Electricity production generates the second-largest share of GHG emissions, accounting for 25% of total annual emissions.
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Carbon intensity was reduced by 48.3%; energy intensity was reduced by 45.4%; waste generation was decreased by 61.4% and waste intensity was decreased by 67.7%; water intensity was decreased by 52.8%.
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The provisions are expected, in essence, to be reduced to zero within a year.
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This item therefore constitutes the principal source of the Group’s CO emissions and almost all scope 3 emissions, although in 2021, 52% of gross margins resulted from sales of liquified gas and bitumen, which are products that emit little to no CO when used.
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NIVEA (as defined by the UNEP) and reduction in CO2 by 12% (versus 2018)
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● Reduced total CO2 emissions by 40 percent and emissions per transportation volume by 16 percent in Japan, by making further improvements to transport efficiency (loading efficiency improvements, shortening of logistics routes, modal shifts, use of tandem trailers, etc.) in the area of logistics
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