To reach zero emissions without carbon offsets, Walmart says it will power its facilities with 100 percent renewable energy by 2035 while introducing zero-emission vehicles for all of its fleet, including long haul trucks by 2040.
topic: Corporate responsibility
Vanguard, BlackRock add new climate-focused ETFs as demand soars
Top asset managers Vanguard Group Inc and BlackRock Inc on Thursday introduced new exchange-traded funds that exclude oil companies, coal producers and other industries that a growing number of investors want to avoid.
Lego ditching single-use plastic bags in kits, eyes paper replacements
The Lego Group will move away from single-use plastic bags in its kits, the group announced on Tuesday. “From 2021, Forest Stewardship Council-certified recyclable paper bags will be trialed in boxes,” the company said.
Google promises to operate using only carbon-free energy by 2030
Google plans to bridge the renewables gap at all its facilities with technological improvements such as overnight solar storage, improved logistics to transport the energy, and new renewable sources like geothermal reservoirs.
Old Navy and Tory Burch will give employees paid leave to work the polls
The election is fast approaching, but 58 percent of regular poll workers are over the age of 60, leading to rising concerns over who will fill in for these vulnerable employees during the pandemic.
Uber to go 50% electric in 7 European capitals by 2025
The world’s largest mobility platform pledged to clean up its act in Amsterdam, Berlin, Brussels, Lisbon, London, Madrid and Paris in response to the #TrueCostOfUber campaign, which urged it to ditch dirty vehicles and replace them with electric cars.
Hormel Foods to provide free college education to children of all its 16,000 employees
Called “Inspired Pathways,” the program will begin in the fall of 2021. A spokesperson for Hormel Foods told GNN the company has 16,000 domestic employees and the program is open to any dependent child of those workers.
Unilever to invest €1bn in making its cleaning products fossil fuel-free
A couple of months ago, Unilever announced a bold commitment to invest €1 billion over the next decade in projects that will help achieve net-zero emissions by 2039. The consumer goods giant is now planning to invest another €1 billion in eliminating fossil fuels from its cleaning products by 2030.
Venture capital firms collaborate to offer African startups a pandemic lifeline
Ventures Platform, an Abuja, Nigeria-based early-stage fund, is creating a relief program to provide emergency grants to keep innovation alive amongst African startups. The equity-free grants can be up to $20,000 and will be available to early, high-growth stage startups in need of cash lifelines.
Timberland pledges to achieve full circularity of its products by 2030
The company aims to have a net positive impact on nature by 2030. To achieve this ambitious goal, it plans to design all of its products for circularity – meaning that materials for one product are reused in a closed-loop to make other products.