Shell Environmental Products’ Post

It was great to attend this year’s GBTA | Global Business Travel Association Convention and chat with other senior leaders about their experiences and strategies to help decarbonise the business travel sector.   To avoid and reduce emissions, we need to use all available pathways to decarbonise – no single solution is enough on its own. We must remain diligent, and we must collaborate across the value chain to scale emerging solutions, with compensation key to short-term goals while these solutions are scaled. At Shell, we work together with businesses, including many in the business travel industry, to implement meaningful and comprehensive decarbonisation initiatives that drive change. #SustainableAviation #PoweringProgress #GBTA2024

Nick Osborne, Shell's General Manager, Global Environmental Products Trading, had the opportunity to meet with attendees at the GBTA | Global Business Travel Association Convention, sharing experiences and strategies to help decarbonise the business travel sector.      Here are three takeaways for hard-to-abate sectors:    1. Avoid, Reduce - then Compensate: decarbonisation strategies should focus on avoiding and reducing your carbon output as a priority. Consider a multifaceted approach, with compensation key to short-term goals while other solutions are scaled.     2. Remain diligent: assessing the long-term effectiveness of carbon credit projects is vital if you want them to remain impactful.     3. Collaboration and investment is needed to scale emerging solutions: collaborative efforts have the potential to drive more efficient resource utilisation. Working together with customers, suppliers and other industry stakeholders can be key to developing sector-specific decarbonisation strategies.   We hope everyone who joined Nick found the discussion valuable. Look out for upcoming webinars where we will take a deeper dive into the decarbonisation of hard-to-abate sectors.     #CarbonCredits #Decarbonisation #EnvironmentalImpact #GBTA2024

The CMA CGM Group Achieves A- Score in Carbon Disclosure Project's 2023 Climate Index🌍 Know More ↗️ https://lnkd.in/dikZz49Q This recognition underscores the Group's steadfast commitment to decarbonizing its shipping activities and spearheading the transition to low-carbon transport! Positioned among the top 19% of #maritime players achieving the Leadership level, CMA CGM is advancing its ambitious decarbonization strategy with determination. Their initiatives include aligning with the International Maritime Organization's trajectory, significant investments in new energy and innovation, and a targeted reduction of greenhouse gas emissions by 1 million tons. #CMACGM #CarbonDisclosureProject #GreenShipping #GreenTrade #SustainableShipping #ClimateIndex #SustainableTransport #ESG #Decarbonization #Sustainability #GlobalTrade #DailyShippingTimes #DST #DSTdigital

🔍 𝗡𝗘𝗪 𝗣𝗨𝗕𝗟𝗜𝗖𝗔𝗧𝗜𝗢𝗡 by Victor De Decker "𝗧𝗼𝘄𝗮𝗿𝗱𝘀 𝗮 𝗚𝗲𝗼𝗽𝗼𝗹𝗶𝘁𝗶𝗰𝗮𝗹 𝗚𝗿𝗲𝗲𝗻 𝗗𝗲𝗮𝗹" @EGMONT - Royal Institute for International Relations 1️⃣ The Corporate Sustainability Due Diligence Directive aims not only to hold companies accountable for social abuses, but also focuses on environmental and climate damage resulting from their production process 2️⃣ Large companies will henceforth be held liable for the malpractices of all their suppliers, regardless of whether they are on the other side of the world or not 3️⃣ A large-scale European investment programme for the energy transition, independent of the American, Manichaeist world vision, is well overdue. The main challenge is to help mobilise the rest of the world for the same cause #EU #CSDDD 𝗥𝗲𝗮𝗱 𝗶𝘁 𝗵𝗲𝗿𝗲 👉 bit.ly/49xh4UG

🚀 This month it was announced that the world's leading independent crediting programmes have agreed a ground-breaking collaboration that will increase the positive impact of #CarbonMarkets. At #COP28, the pledge outlined numerous critical activities which will help amplify the impact of carbon markets going forward. The organisations framework will be put in place to achieve the following: 🌎 Learn from best practices to increase support for abatement projects; 🌎 Support the independent assurance of programmes by the Integrity Council for the Voluntary Carbon Market; 🌎 Seek to align standards to common principles for the quantification and accounting of removals and reductions; 🌎 Work to extend the durability of carbon sinks, including by insuring against reversals; 🌎 Create indicators to promote community benefits of projects on the ground, to underline sustainable development achievements and to safeguard against negative harm; 🌎 Improve transparency around the use of carbon credits; 🌎 Work to improve and enhance the flow of finance to developing countries to help them achieve and go beyond their nationally determined contributions (NDCs) --- Carbon markets have leveraged more than $36 billion in finance to developing countries in the last two years, and this collaboration will become a huge game changer in growing the pipeline of funding for impactful projects around the globe. The six signatory standards are all accredited under the first global compliance regime, the International Civil Aviation Organization’s CORSIA market, and all are seeking assessment under The Integrity Council for the Voluntary Carbon Market (ICVCM) Core Carbon Principles (CCPs), working tirelessly to increase investment in tangible climate action and developing countries. #carbon #climateaction

ICYMI Forum on Trade, Environment & the SDGs (TESS) is pleased to share this Synergies article by Simon J. Evenett & Fernando Martín, on: ➡️ the vital role of transparency to sustain state support for the #cleanenergy transition. Find out more ➡️ https://bit.ly/3OQ8ucs #industrialpolicy

🌊⚓ Harnessing Sustainable Solutions: Embracing Change in the Maritime Sector! ⚓🌍 As @India celebrates @National Maritime Day on April 5th, it's an opportune moment to reflect on recent advancements and commitments in the maritime industry towards a more #sustainable future.  Last week, the @United Nations' International Maritime Organisation (IMO) made a landmark decision to levy charges on #shipping #emissions from #cargo ships traversing #oceans. This initiative is a significant step forward, aligning with the @2023 IMO strategy on reducing @Greenhouse gas (GHG) emissions from ships. The revised strategy, adopted at the @Marine Environment Protection Committee (MEPC 80), includes commitments to uptake alternative zero and near-zero GHG fuels by 2030, with indicative check-points aiming for #net-zero GHG emissions by 2040. The draft outline of a possible IMO @net-zero framework underlines the importance of regulations under the @International Convention for the Prevention of Pollution from Ships (MARPOL), which will pave the way for a new global fuel standard and pricing mechanism for maritime #GHGemissions. This recent development has drawn attention to the potential transformative impact on the maritime sector. It marks a significant stride towards implementing an international emissions tax, with the potential to finance cleaner, more resilient economies. The World Bank's report on Carbon Revenues from International Shipping underscores the importance of market-based measures in driving the transition towards low and zero-carbon shipping. Carbon levies and cap-and-trade schemes have the potential to generate significant revenues, enabling additional climate and development actions. As we commemorate National Maritime Day, let us seize this opportunity to reaffirm our commitment to @sustainability and embrace the #transformative potential of these initiatives.  Together, we can chart a course towards a more #resilient, #equitable, and #sustainable #maritime sector. #NationalMaritimeDay #SustainableShipping #IMO #GHGEmissions #MARPOL #ENENSustainability #CarbonPricing #ClimateAction #GlobalTrade #SDGs

🌍🌱 Your vote counts for the Best GHG Crediting Programme / Standards Setter category in the Environmental Finance Voluntary Carbon Market Rankings 2024! 🌱🌍 We're thrilled to announce that our voluntary carbon certification standard continues to be endorsed by ICROA 🌱🌍 This endorsement not only ensures credibility and trust in our certification process but also underscores our dedication to sustainability and transparency. Why should you vote for us? ✅ Credibility and Trust: ICROA's endorsement guarantees that our standard meets rigorous assessment criteria, from independence to validation and verification. Stakeholders can trust in our transparent and reliable certification process. ✅ Impact Facilitation:Our ICROA-backed standard empowers organizations to maximize the potential of carbon credits, significantly contributing to climate change mitigation and sustainable environmental initiatives. ✅ International Recognition:ICROA is globally recognized for advocating the voluntary carbon market. Their endorsement reaffirms our leadership in carbon certification and commitment to a sustainable future. Your vote means the world to for us in the Best GHG Crediting Programme / Standards Setter category to support credible and impactful climate action! Together, we can make a difference. 🌍🌱 📍 Vote here: https://lnkd.in/dC2WSYtN

MONTREAL, July 03, 2024 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) is proud to announce that its net-zero by 2050 target has been validated by the Science Based Targets initiative (#SBTi). In using a science-based approach to its climate commitments, CN and the broader North American #rail industry are aligned to reducing emissions and #decarbonizing to deliver a sustainable future for all. CN’s annual sustainability disclosures are reported in accordance with rigorous international standards, including the Global Reporting Initiative (#GRI), the Sustainability Accounting Standards Board (#SASB), the Greenhouse Gas Protocol, and the Task Force on Climate-related Financial Disclosures (#TCFD) framework. CN is also proud to announce it has earned a place on Corporate Knights’ Best 50 Corporate Citizens list for the sixteenth year in a row as well as placed first among its peers within the #freight #transport, all modes category. CN’s first place ranking among its peers stems from the Company’s efforts to consistently improve its #sustainability performance. Image Source | (©Charlottees | pixabay)

📣 MidEuropa is pleased to announce that its emissions reduction targets have been approved by the Science Based Targets initiative (SBTi). Tackling #climatechange requires ambitious action from the Private Equity sector. Our science-based target proves our commitment to build a sustainable economy, by doing not what is easy but what is necessary. 🌿 Read the full announcement and our approved targets here:  https://lnkd.in/dJPpvWq8 #privateequity #esg #ScienceBasedTargets #SBTi