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HomePosts Tagged "net-zero"
Agro chems – Chemicals, Climate, Company News

Nouryon aims to reduce its absolute Scopes 1 and 2 greenhouse gas emissions by 40 per cent by 2030 compared to 2019 and aspires to be a net-zero organisation by 2050

Nouryon, a global specialty chemicals leader, has been awarded a score of A- in the global CDP Climate Change category, in recognition of the Company’s progress in implementing current best practices in sustainability targets, value chain engagement, and opportunity disclosures. The A- score places the Company at the leadership level, above the chemical industry average score of B. This marks the third consecutive year Nouryon has engaged with CDP.    

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions to manage their environmental impacts. Considered the gold standard of environmental reporting, CDP maintains the most comprehensive collection of corporate environmental data in the world and is fully aligned with the Task Force on Climate-related Financial Disclosures (TCFD).

Nouryon aims to reduce its absolute Scopes 1 and 2 greenhouse gas emissions by 40 per cent by 2030 compared to 2019 and aspires to be a net-zero organisation by 2050. The Company was recently awarded an EcoVadis Gold rating, remaining in the top 5 per cent of companies then rated by EcoVadis.

Nouryon aims to reduce its absolute Scopes

Climate, Live Stock, World

The 10-year pilot project is expected to demonstrate the world’s first carbon-inset beef supply chain

EcoBalance Global, a US-based leader in carbon storage projects, Kazbeef, a subsidiary of Yerkin Tatishev’s Kusto Group, and rTek, a Rakurs Consulting Group company, have partnered to launch the first-ever pilot ranch outside the United States that will deliver the world’s first climate-smart beef, using carbon insets, backed by 3rd party validation and blockchain technology.

The pilot has been launched at COP28 in Dubai following the signing of a Memorandum of Understanding between the companies. The project will not only enable blockchain-transacted environmentally sustainable cattle outside the United States but will also show the world that the livestock and farming industry can be part of the net-zero solution.

The foundation for the KazBeef pilot is EcoBalance Global’s Framework which supports ranches in deploying a specialised rotational grazing program which allows increased carbon capture in the soil and utilising machine learning satellite technology to monitor sustainable land management, focusing on accurate carbon accounting. This is backed up by the Framework’s carbon trade and risk management platform to administer all the requirements of the Framework in conjunction with the blockchain.

As part of the program, rTek, a Rakurs Consulting Group company based in Almaty, Kazakhstan, will leverage its expertise in remote sensing and MRV development, particularly in precision agriculture, to support the pilot program.

The 10-year pilot project is expected to demonstrate the world’s first carbon-inset beef supply chain. It is scalable, to use EcoBalance’s Framework as a global standard for sustainable and climate-smart beef supply.

The 10-year pilot project is expected to

Company News, World

The World Benchmarking Alliance (WBA) assesses the 2,000 most influential companies across industries on their performance and contributions to the UN Sustainable Development Goals

FMC Corporation has been recognised as a leader in the World Benchmarking Alliance’s 2023 Nature Benchmark. The company ranked 23rd out of 350 companies in the food and agriculture sector and 6th in the agricultural inputs segment.

The World Benchmarking Alliance (WBA) assesses the 2,000 most influential companies across industries on their performance and contributions to the UN Sustainable Development Goals. The 2023 Nature Benchmark ranked companies’ efforts to protect the environment and its biodiversity, including the protection and restoration of vital ecosystems.

“At FMC, we see our efforts to protect biodiversity and the environment as mission critical,” said Julie DiNatale, vice president and chief sustainability officer. “We are excited that our ranking by WBA reflects our hard work in this space and we will continue to partner with farmers and across the food and agriculture value chain to drive improvements that benefit generations to come.”

FMC continues to make strong progress on its net-zero and waste-to-beneficial reuse goals. Material circularity is a key priority for the company’s operating sites around the globe, which has collectively increased the company’s waste-to-waste-to-beneficial by nearly 70 per cent in 2023. FMC was also recognised for its strong governance around sustainability, notably its inclusion of key sustainability targets in executive compensation.

The World Benchmarking Alliance (WBA) assesses the 2,000