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Welcome to our daily roundup of the most impactful and noteworthy ESG (Environmental, Social, and Governance) news. As we navigate the ever-evolving landscape of sustainable practices, responsible business conduct, and societal impact, we bring you a curated selection of the day’s top 5 ESG headlines. These articles encapsulate the latest developments, innovations, and commitments that are shaping the world of ESG.
Here are today’s Top 5 ESG Headlines:
1. Groundbreaking Methane Monitoring Satellite by Ball Aerospace Prepped for Launch
Ball Aerospace successfully delivered the MethaneSAT satellite to Vandenberg Space Force Base in Santa Barbara County, California this week, where it is scheduled to launch next month. The mission was developed in partnership with MethaneSAT, LLC, part of the nonprofit Environmental Defense Fund (EDF), and it will provide groundbreaking data on the scale and sources of global methane emissions.
2. Kering Achieves Exclusive ‘Triple A’ Status in CDP 2023 Rankings for Environmental Leadership
Kering is the only Luxury Group recognized on the CDP 2023 ‘Triple A’ List. For over seven years now, Kering’s environmental actions and transparency have been certified by the Carbon Disclosure Project.
3. RBC Climate Report Calls for Increased Investment to Achieve Canada’s Net Zero Goals
The RBC Climate Action Institute released its Climate Action 2024 report, offering an unprecedented look at Canada’s climate progress and readiness. The research indicates that Canada may not be on track to reach its climate goals and needs to nearly double climate spending to achieve Net Zero by 2050.
4. USPS Sets Comprehensive Sustainability Targets in New Climate Action Plan
- New, sweeping sustainability targets aim to reduce greenhouse gas emissions, grow the circular economy and increase environmental awareness across the organization
- By 2030, the Postal Service seeks to reduce emissions from fuel and electricity by 40 percent and reduce emissions from services purchased by 20 percent
- The announcement comes as USPS readies to deploy first electric delivery vehicles in 2024
- The Postal Service’s plan to reduce $5 billion in operating costs will result in significant carbon reductions
5. EU Strikes Provisional Agreement on Net-Zero Industry Act to Promote Clean Technology Production
- Aim is to make EU internal market fit for industrial decarbonisation
- The bill supports manufacturing of the key technologies needed for EU’s climate and energy objective
- Faster permitting procedures and net-zero industry valleys
- New criteria for public procurement procedures, auctions for renewable energy sources
RELATED ARTICLE: Top 5 ESG Headlines – Thursday, 01 February 2024