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ClimateBert 51

This includes establishing the investment objectives, strategy and benchmarks, the permitted types or categories of investments, the markets in which transactions may be undertaken, the level of permitted gearing and borrowings, the amount or proportion of the assets that may be invested in any category of investment or in any one investment, and the Company’s treasury and share buyback policies.

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Australia reaffirms its target to achieve net zero emissions by 2050.

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Minister of the Interior and Safety attends the Breakout Session of the 2021 P4G Seoul Summit - All 243 local governments nationwide announce the ‘2050 Carbon Neutrality Joint Declaration’ for the first time in the world - Minister of the Interior and Safety Jeon Hae-cheol attends the Green Future Session themed ‘Action of Local Governments towards Carbon Neutrality*’ of the 2021 P4G** Seoul Summit on May 24 (Mon) at the Dongdaemun Design Plaza (DDP) in Seoul, Korea. * Carbon neutrality: achieving net-zero carbon dioxide emissions by having a balance between emitting carbon and absorbing carbon emissions ** Partnering for Green Growth and the Global Goals 2030 (P4G): a global platform, joined by government agencies, businesses and civil society, that aims to respond to climate change and achieve sustainable development goals as a converged organization in the 21st century As the first Breakout Session to be held during the Green Future Week* in the lead up to the 2021 P4G Seoul Summit on May 30-31, the event is designed to discuss the roles and action plan for achieving global carbon neutrality, centering on local governments that are the key players of carbon neutrality. * Green Future Week (May 24-29): 10 Green Future Sessions on carbon neutrality of local governments, Green New Deal, green technology, forests, etc. Representatives of local governments, businesses, civil society and international organizations from around the globe will seek actions of local governments at home and abroad to achieve carbon neutrality and present better alternatives to build back better and greener. 【Key Participants】 ▸ Opening Ceremony: Jeon Hae-cheol (Minister of the Interior and Safety), Han Jeoung-ae (Minister of Environment), Ban Ki-moon (President of the Assembly and Chair of the Council of the Global Green Growth Institute), Kate Raworth (Co-founder of Doughnut Economics Action Lab) ▸ Domestic presenters & panelists: Chung Eui-sun (Chairman of Hyundai Motor Group), Kwon Young-jin (Mayor of Daegu & Metropolitan Government Representative of the Local Governments’ Action Alliance for Carbon-Neutrality), Song Ha-jin (Governor of Jeollabuk-do & President of Governors Association of Korea), Won Hee-ryong (Governor of Jeju Island), Hwang Myeong-seon (Mayor of Nonsan & President of National Association of Mayors), etc. ▸ Overseas presenters & panelists: Secretary General of ICLEI*, Mayor of Bonn, Germany, Mayor of Aarhus, Denmark, Mayor of Medellin, Colombia, Mayor of Kochi, India, Deputy Mayor of Malmö, Sweden, Director of Green Climate Fund, etc. * Local Government for Sustainability, ICLEI: a global network of more than 2,500 local and regional governments in 125 countries committed to addressing climate change and achieving sustainable development In order to tackle climate change, 226 Korean local governments recognized the state of climate emergency and adopted the Declaration of Climate Emergency in June last year to urge the national government and the National Assembly to declare their commitment to carbon neutrality. In July, 81 sub-national governments announced the 2050 Carbon Neutrality Joint Declaration and launched the Korean Local Governments’ Action Alliance for Carbon-Neutrality with an aim to bolster local governments’ leading role and spread the momentum of carbon neutrality and climate change action through collaboration. And, on the occasion of the P4G Seoul Summit, all 243 local governments will announce the 2050 Carbon Neutrality Joint Declaration for the first time in the world. With the joint declaration, all local governments of Korea will join hands to take a pivotal role in achieving carbon neutrality and addressing climate change. Minister Jeon Hae-cheol stressed that “Through participation and cooperation of local governments and residents, inclusive green recovery and sustainable economic innovation can be achieved at the same time, while realizing the vision for carbon neutrality.” “The Ministry of the Interior and Safety will give full support to explore and carry out innovative projects for promoting sustainable development and carbon neutrality in local governments,” he added.

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This TransformTO Net Zero Strategy (“the Strategy”) responds to the climate emergency by focusing on a new target of net zero GHG emissions community-wide by 2040.

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These factors impact the economic and social system as well as the relative insurance needs.

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With goals to reduce 25% of overall energy consumption and to increase the portion of city-wide electricity generated by renewable energy sources to 100% by 2050, the City of Orlando continues exploring opportunities to encourage more implementation of low-cost, renewable energy generation solutions. Given Orlando’s climate and geographic location, there are tremendous economic opportunities and benefits for the city to become a leader in solar energy generation and consumption, as well as to position itself as a hub for clean technology industries and green jobs. In addition to economic benefits and job creation, Orlando’s transition to more energy-efficient and clean, renewable energy resources will also help minimize direct and indirect environmental impacts, such as the reduction of greenhouse gas (GHG) emissions. It will also help Orlando progress towards its goal of reducing GHG emissions by 90% from 2007 levels by 2040. In May 2017, Mayor Dyer joined the Sierra Club’s Mayors for 100% Clean Energy Initiative and expressed his support for transitioning the City of Orlando to 100% clean and renewable energy by 2050 citywide. In addition, Mayor Dyer also signed the Under 2 MOU, a United Nations COP 21 commitment, to reduce GHG emissions toward net-zero by 2050 and implement strategies to mitigate a two-degree Celsius rise in global temperature from pre-industrial levels. This commitment aligns with Orlando’s commitment to the Paris Climate Agreement for Cities (to reduce GHG emissions 80% by 2050), as well as the city’s already aggressive GHG emissions reduction goal and strategies for 2040.

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"Goal: 30% Reduction in Scope 1 and 2 GHG emissions by 2026 against a 2019 baseline." "*L3Harris leveraged the Science Based Target Initiative (SBTi) tool to calculate our GHG reduction target." "With respect to our impact on climate change, in 2020 L3Harris’ long-term greenhouse gas (GHG) emission reduction goals were announced" - FY 2021 CDP submission

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2030: 40% below 1990 levels by 2030 2050: no less than 85% below 1990 levels

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‘到2060年，... 碳中和目标顺利实现‘ By 2060, ... the goal of carbon neutrality will be achieved

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Normally, the launch of landed real estate projects corresponds with demand in the market, which fluctuates at a similar rate in each year, whereas the launch of new condominiums usually fluctuates in line with the economic situation or factors that affect the consumer confidence, such as political situation.

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shall strive to achieve a carbon neutral economy no later than 2045

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"New York City is committed to achieving carbon neutrality by 2050, and will do so in a just and equitable way. By 2050, New York City will have net-zero GHG emissions citywide."

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As mentioned above, potential investments with a higher level of perceived ESG risk are elevated to our ESG Review Committee, which provides a recommendation as to whether the firm can proceed with an investment or not.

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'Meeting this target would put Montréal on the path to carbon neutrality by 2050, a necessary objective to limit global warming to 1.5 °C' (p7)

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Liquidity assessments are also part of the Bank’s EWST program.

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Business as usual scenario is based on a projection starting in year 2000. A 34% GHG emission reduction versus business as usual levels has already been achieved by 2020 using this model.

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"Reduce our absolute greenhouse gas Scope 1 and 2 emissions by one-third by 2030 to achieve carbon neutrality by 2050"

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Damage to the properties and operations of borrowers could impair asset values and the creditworthiness of customers leading to increased default rates, delinquencies, write-offs and impairment charges in the Barclays Bank Group’s portfolios.

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Recognizing the work ahead, in 2021, CIBC announced a Climate Transition Plan that included a net-zero ambition for our operational and financing activities by 2050.

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Spätestens bis zum Jahr 2050 soll Bayern klimaneutral sein.

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Deere has validated Science Based Targets to reduce its Scope 1 and 2 GHG emissions by an additional 50 percent by 2030, with fiscal year 2021 serving as the baseline. We’ll aim to accomplish this through efficiency gains in operations and facilities processes, and by leveraging renewable electricity and fuels... 30% reduction in upstream and downstream CO2-e emissions (scope 3) by 2030.

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- Reduce CO2 emissions by 50% by fiscal 2030 (compared to fiscal 2010) - Achieve carbon neutrality at business sites (factories and offices) by fiscal 2030

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The unconditional GHG emissions reduction target for 2030 is 12.8% compared to 2014. Comparing to the initial NDC which was submitted in 2015, the revised NDC increases emission reduction goals for 50 percent till 2030, with the focus on key country sectors: power, district heating, buildings, Industry, transport, forestry, agriculture, waste.

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Consideration of individual performance The Committee considered performance assessments for the Executive Directors and concluded that the formulaic outcome of the STI was appropriate in the context of their personal contribution over the performance period.

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Synopsys Sets 25% Emissions Reduction Target and Attains 2020 Carbon Neutrality

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Transition risks refer to changes, for example, in regulation, technology and consumer behaviour that the transition to a lower-carbon economy entails.

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Beiersdorf production sites should reach net zero sooner, by 2030. . As part of the UNCCC they also signed a voluntary agreement to achieve net zero 2050 latest.

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Nonetheless, in this less favourable environment, the growth figures of the main international economies are reasonably good.

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'By 2035, we will reduce our US carbon emissions by 40% and by 2030 we aspire to achieve net zero carbon emissions' (p11)

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CANADIAN UTILITIES: WHAT SETS US APART TRACK RECORD OF DIVIDEND GROWTH

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50% reduction by 2030.

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Additionally, one-on-one sessions with the Committee Chairs are conducted on an ad hoc basis.

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. Climate Positive 2040 highlights the transformational changes needed for Salt Lake City to reach long-term climate and energy goals. Salt Lake City is prioritizing a near-term transition to clean, renewable energy to remove carbon pollution from electricity generation that makes up over half of the community carbon footprint.

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Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.

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Such attempts may not successfully mitigate cost variability, which could negatively impact Linde’s financial condition or results of operations.

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Australian National Outlook (ANO) scenarios, and the Australian Energy Market Operator's (AEMO) 2019 forecasting and planning scenarios.

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'-50% reduce our direct(3) own operational carbon footprint by 2025' (p21)

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What emissions reductions do you want to achieve? In what year? Against what year do you base what is being measured? We wish stop emitting 50% of GHG by 2050 from 2012.

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MGM’s target is to reduce its overall greenhouse gas emissions by 50 percent by 2030

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By 2025, we aim to reduce the GHG emissions of our corporate investment portfolio by 25%, and by 45% by 2030, compared to 2019 levels (Pg. 44)

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"net zero greenhouse gas emissions by 2050"

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"Reduce CO2 emissions from power generation by 50% by fiscal 2025 (reduction of over 25 million tonnes from fiscal 2013 levels) and maintain industry-leading reduction levels.". (The Kansai Electric Power Group, Zero Carbon Roadmap, March 25 2022, pg. 3)

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Race to Zero: Net Zero 2050 - Commit to achieve net zero CO2 emissions by 2050 in the National Grid's own direct emissions.

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The 2019 Integrated Report is the eighth Atlantia’s annual integrated report, prepared based on the International Framework set out by the International Integrated Reporting Council (www.theiirc.org/international-ir-framework/) and drafted in accordance with the GRI Sustainability Reporting Standards published in 2016 by GRI – Global Reporting Initiative, according to the “in accordance core” option.

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As such, the list of contributors to the problem extends to almost the full range of our potential investment universe.

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Emission reduction by 15% by 2024 and 50% by 2030 comparing to the BaU scenario.

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The plan is based on a number of parameters, including the employee's position, the employee's length of service and the objective results of the company.

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The Board has delegated responsibility for the implementation of the Policy to the Group Chief Executive and the Group Chief Executive has delegated responsibility for the implementation of the Policy to the Chief People Officer.

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In fiscal year 2021, more than 200 million annual active consumers spent more than US$1,000 (RMB6,550) through our China retail marketplaces.

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The aim of the present climate change act is to reduce greenhouse gas emissions by at least 80% to 2050 from the levels in 1990, but the act will be reformed in such a way that the targets concerning carbon neutrality, i.e. a balance between emissions and sinks, by 2035 will be reached.

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Achieve zero emissions across global operations by 2040

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no regional target, but public transport change in the city of gdansk will reduce emissions

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Race to Zero: Net Zero 2050 - Commit to achieve net zero CO2 emissions by 2050

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" This enhanced NDC is in line with the EU’s agreed objective of achieving a climate-neutral EU by 2050."

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Tax-related issues are communicated openly both internally and externally and Fortum’s tax footprint is published annually.

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The need to decarbonise our business increases the cost of our activities through the need to retro-fit buildings to improve their sustainability credentials and reduces our ability to redevelop due to planning restrictions, increased regulation and stakeholder expectations, the increased cost of low carbon technology and potentially the pricing of carbon.

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DNB: A financial Institution that has set up environmental fund targeted towards investing in Green innovations & companies

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Shareholders’ inclination to invest in companies with sustainable commitment.

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By 2030, we’ll cut our carbon footprint by 50%. (Pg. 1)

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"Brambles’ has strengthened its regenerative vision by committing to net-zero emissions covering our full value chain by 2040." (p24)

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This allowed the Trustee to conclude that the new index was consistent with its fiduciary duty and provided an element of climate change protection.

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net zero target as part of climate ambition alliance: net zero 2050, but for detailed goals see interim target

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Directly and through the Belgian holding company Groupe Bruxelles Lambert (GBL), the Pargesa group holds significant positions in six large companies based in Europe: Lafarge, which produces cement and building materials; Imerys, a producer of industrial minerals; Total, in the oil and gas industry; GDF Suez, in electricity and gas; Suez Environnement, in water and waste management; and Pernod Ricard, a leading producer of wines and spirits.

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“a commitment to achieving net-zero carbon emissions by 2050” "Entergy is fully committed to achieving net-zero CO2 emissions by 2050" (Entergy's 2050 Net Zero Commitment, 2020, pg. 8) -

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'Set target to reduce GHG emissions intensity 35% by 2030 from 2018 baseline' (p54)

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Korea's 2030 Carbon Reduction Target states that "Korea’s NDC target is to cut GHG emissions by 40.0% below 2018 level by 2030 (GHG emissions target by 2030 is set at 727.6 million tCO2eq). To achieve this target, we will implement a set of reduction strategies for the sectors including power, industry, building and transportation and take additional measures including carbon sinks by forests and reduction from overseas projects." As part of the country, Busan aims to achieve 47% carbon reduction below 2018 level by 2030.

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The effectiveness of the Bank’s internal control over financial reporting has been audited by the independent auditors, Ernst & Young LLP, a registered public accounting firm that has also audited the Consolidated Financial Statements of the Bank as of, and for the year ended October 31, 2020.

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We also recognize that we can play an important role in working with others to address key social and economic challenges facing clients and communities.

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“Aspire to achieve net-zero CO₂ emissions from the electricity we generate”

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VANCOUVER HAS SET BOLD TARGETS to cut carbon pollution in half by 2030, and to be carbon neutral before 2050. This means cutting our carbon faster than ever before.

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The Open Leadership framework supports cooperation across units and aims to create an environment that fosters innovation, flexibility and agility.

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In the fourth quarter of 2020 the Company signed a Master Services Agreement with IBM Canada Ltd. (IBM) to provide managed information technology services.

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An update to the existing Corporate Energy Plan was in development in 2020 and will be completed in 2021, in coordination with the major operating business units that use the majority of corporate energy This will be a ten-year plan to focus The City’s energy use and emissions with an interim goal of 40 per cent GHG reduction by 2030 on the path to our 2050 climate goal.

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In practice, the short-term nature of the business, the ability to re-price annually and the risk mitigation provided by reinsurance arrangements are likely to limit the impact on general insurance liabilities.

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Reduce greenhouse gas (GHGs) emissions 30% including sourcing 60% of electricity from renewable energy, and deliver carbon neutral operations by 2050 or sooner

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IFC partners with more than 30 governments, 20 foundations and corporations, and a variety of multilateral and institutional entities.

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The report provides an approach for a strategy to reduce and offset carbon emissions. No end target date specified.

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Achieve net zero emissions by 2050, with the aim of limiting planetary warming to less than 2°C when compared to pre-industrial levels.

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He traveled to the north of the province of Yunnan, not far from the mythical city of Shangri La, to locate the vineyard where this one-of-a-kind wine is produced, between the banks of the Mekong and the summits of the Himalayas.

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The Company has set up a special committee to monitor the Company's compliance with the new guidelines and to provide advice to the Board and management on matters relating to the implementation of the guidelines.

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Thus, there is a very gradual deceleration towards more sustainable growth rates.

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'Glasgow looks to become one of the most sustainable cities in Europe. The city has already achieved (and exceeded) its target of reducing CO2 emissions by 30% by 2020, achieving this goal by 2015, through a combination of energy efficiency and local generation.' (p.7).

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'Comprised of nine founding members, the Initiative’s objective is to accelerate the transition to a net zero global economy no later than 2050' (p33)

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We disseminate the importance of incorporating the sustainability principles in the planning and execution of actions to the entire value chain.

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At Dassault Systèmes, we have outlined a twofold strategy to fulfill our commitment, first by setting an emissions reduction target covering the full value chain that is in line with climate science – with scopes 1 and 2 aligned with a 1.5 degree Celsius pathway and scope 3 aligned to SBTi best practice guidance – and then by neutralizing the impact of any residual emissions by investing in projects that permanently remove carbon dioxide from the atmosphere to achieve Net Zero emissions by 2040

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These targets clearly specify the carbon emissions and resource usage levels.

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Losses from limitation of export may occur due to trade barriers and various regulations related to water footprint regulations.

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First phase development includes construction of primary access to Interstate 95 and of connector roadways to Interstate 95 from the interior of the Tradition project, construction of the stormwater infrastructure, commercial pod development, and traditional and neo-traditional residential lot development.

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The risk map is updated quarterly in close cooperation with different committees/departments throughout the Lufthansa Group.

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"The company aims to achieve Carbon Neutrality by 2040" -

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Reduce GHG emissions intensity, calculated from the ratio of GHG scope 1 and scope 2 emissions to data traffic by 90% compared to the baseline in 2015.

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"First, to affirm the State of Pará's commitment to the decarbonization model of the economy, to ensure that the State of Pará can meet its goals, initially to reduce up to 86% of the emission of greenhouse gases by 2036 and before 2050 zero this issue. It is essential that we can make an analogical economic change, from a model that conflicts with sustainability and moves to a model that manages development in balance with the forest, and above all, seeking alternatives, such as the bioeconomy, to take advantage of greater biodiversity that the Amazon forest has for agroforestry actions, be it the pharmaceutical, cosmetics or biofuel industries, generating jobs and income for the Amazons”, said Governor Helder. In Race to Zero , Pará will join other states from different countries around the world that are already part of the campaign, such as California, New York, Hawaii and Washington, in the United States; Catalonia, Madrid and Navarre, Spain. There are also states in Sweden, Australia, United Kingdom, Canada, Germany and Belgium. In Brazil, Pará joined the campaign with Pernambuco and São Paulo.

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À l’horizon 2050, Valeo aura atteint la neutralité carbone sur l’ensemble de ses activités opérationnelles et de son approvisionnement auprès de ses fournisseurs dans le monde, et la neutralité carbone complète (incluant l’utilisation finale de ses produits) en Europe. [By 2050, Valeo will have achieved carbon neutrality in all its operational activities and in all procurements from its suppliers in the world, as well as complete carbon neutrality (including end-use of its products) in Europe.]

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The initiative has four working groups; government bonds, listed equities and corpo- rate bonds real estate and strategic asset alloca- tion.

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The model produces key outputs of Value at Risk and Temperature Alignment for each year of the projection period.

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The BRC meetings for the financial year 2019 were scheduled immediately upon its establishment to allow the Directors to plan ahead and incorporate the meeting dates into their respective schedules.

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'1 7. 5 % R E D U C T I O N I N EMISSIONS BY 2025 from a 2018 baseline aligned with a science-based target methodology' (p8)

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Our updated target is to reduce our emissions by at least 30% by 2030 against the 2018 baseline of 7,541kt CO2e per annum,

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Where we have seen factory downsizing, we ensured that laid-off workers received their legal severance and other entitlements in full.

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Our Clean Energy Plan focuses heavily on increasing renewable energy and energy efficiency to meet Michigan’s energy needs and to continue the journey to net zero carbon emissions by 2040

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