Below highlights examples of Financial, Retail, Technology, Energy and Heavy Industry Sector Giants who have all pledged towards Net-Zero and 2050 goals:
HSBC – Become a net zero bank
Align our financed emissions – the carbon emissions of our portfolio of customers – to the Paris Agreement goal to achieve net zero by 2050 or sooner
Work with our peers, central banks and industry bodies to mobilise the financial system around a globally consistent, future-proofed standard to measure financed emissions, and a functioning carbon offset market
Provide between USD750 billion and USD1 trillion of financing and investment for this purpose over the next 10 years
Increase our portfolio of transition finance solutions to help enable even the most heavy-emitting sectors to progressively decarbonise, while helping to ensure a just and stable transition to maintain economic stability
– October, 2020
Microsoft, Nike, Starbucks, Unilever, Danone, Mercedes-Benz, A.P. Moller – Maersk, Wipro, and Natura & Co.
Transform to Net Zero: Corporate climate alliance
‘Transform to Net Zero’, the group plans to recruit other members and will work with the Environmental Defense Fund and focus on delivering guidance, research and blueprints for businesses to achieve zero carbon emissions no later than 2050.
– July, 2020
BP Oil Company
- Net zero across BP’s operations on an absolute basis by 2050 or sooner.
- Net zero on carbon in BP’s oil and gas production on an absolute basis by 2050 or sooner.
- 50% cut in the carbon intensity of products BP sells by 2050 or sooner.
– February, 2020
Building materials supplier
LafargeHolcim, the parent company behind Aggregate Industries, has become the world’s first building materials supplier to commit to hitting net zero emissions by 2050. The significant announcement sees LafargeHolcim become the first company of its kind to join the Science Based Targets initiative (SBTi) – a scheme that determines how much and how quickly firms must reduce their greenhouse gas emissions.
Jan Jenisch, CEO: “I believe in building a world that works for people and the planet. That’s why we are reinventing how the world builds today to make it greener with low-carbon and circular solutions. I am very excited to be working with SBTi, taking a rigorous science-based approach to shape our net zero roadmap and accelerating our efforts to substantially lower our CO2 footprint. I will not stop pushing the boundaries to lead the way in green construction.” – October, 2020