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Each Permian Global project is verified against robust third-party forest carbon standards by independent expert auditors.
This verification includes providing evidence of additionality that, without the project activity, the forest was at risk of deforestation or forest degradation; avoidance of leakage that the project activity has not displaced deforestation and hence emissions to another location; and permanence that the project and av...
■ California Carbon Offsets — The California Air Resources Board issues offset credits to qualifying projects that reduce or sequester greenhouse gases pursuant to approved protocols.
Renewable energy certificates Renewable Energy Certificates (RECs) are used to track and account for the use of renewable energy including for the purposes of state-administered programs that require electric utilities to use a prescribed amount of renewable energy.
Biofuels Biofuels play a key role in meeting goals to reduce greenhouse gas emissions in the transportation sector.
Fuel Standard (RFS) mandates the incorporation of renewable fuels into transportation fuel.
Each year, the EPA outlines the volume requirements for each renewable fuel category and sets those volumes through the annual renewable volume obligation (RVO).
The RVO applies to a basket of US Renewable Identification Numbers (RINs) which are credits generated by renewable fuel producers to track the compliance of transportation fuel under the RFS program.
Obligated parties, including refiners and importers of transportation fuel in the US, must either generate RINs or purchase them to meet their annual commitments.
ICE offers RVO and RINs futures to help regulated entities manage and price emissions, as well as meet compliance obligations.
California Low Carbon Fuel Standard Credit - The Low Carbon Fuel Standard (LCFS) is designed to decrease the carbon intensity of California's transportation fuel pool and provide an increasing range of low-carbon and renewable alternatives, which reduce petroleum dependency and achieve air quality benefits.
Power purchase agreements In October 2021, ICE invested in LevelTen, a marketplace for renewable energy power purchase agreements (PPAs).
The platform also enables developers to sell projects to the buyers seeking to own and operate renewable energy projects. Natural asset companies To address the large and complex challenges of climate change and the transition to a more sustainable economy, NYSE and Intrinsic Exchange Group (IEG) are pioneering a new a...
Natural Asset Companies will capture the intrinsic and productive value of nature and provide a store of value based on the vital assets that underpin our economy.
ESG data ICE’s ESG data provides detailed ESG attributes and indicators that may be financially material - such as greenhouse gas emissions reported, board diversity, benefits, and workforce breakdown - sourced from both company and publicly-available third-party sources.
Coverage includes green bonds, social bonds, sustainable bonds and sustainabilitylinked bonds.
This solutions-based approach is a resource to help public and private companies meet their market-driven board diversity needs.
This is our purpose, and fuels our actions, ambitions, and definition of success – all anchored by our ESG commitments.
In addition to elevating and enhancing support for our ESG team, we appointed our first Chief Diversity Officer as we continued delivering on our commitment to change.
A few highlights include: creating our Stronger, Together Relief Fund to provide a resource for Associates facing immediate hardships, launching our first two Associate Resource Groups to continue promoting a culture of belonging, partnering with Rebuilding Together and Good accelerating our greenhouse gas reductions e...
People: create an equitable, inclusive work environment where all Associates feel at home and can thrive Community: provide a sense of home to the people and communities we serve Planet: do our part to protect the planet we call home Governance & stakeholder engagement: elevate and embed strong ethical values and a rob...
3 Note that we are committed to regularly monitoring the representation of all racial and ethnic diversity cohorts and to implementing changes to drive higher representation at all levels where needed.
This goal was adjusted following an updated assessment of store inventory and footprint.
We changed our terminology from “net zero” to “no net emissions” as that more accurately reflects our approach to this goal.
We strive to establish an engaging workplace environment by supporting all Associates’ physical, mental, social, and emotional well-being and providing upskilling opportunities and other tools for future success.
The survey results provide an important baseline as we continue to improve our work environment to ensure Associates thrive.
In into an Associate Resource Group, enabling greater impact across the enterprise.
Associates are eligible to apply for grants to help cover costs associated with natural disasters, unexpected medical expenses, impacts to Associates’ homes from fires and floods, the death of an immediate family member, escaping domestic abuse, and epidemics.
DE&I leadership A robust diversity, equity, and inclusion program requires strong governance and accountability.
While DE&I is overseen at the Board level, in President and Chief Diversity, Equity, and Inclusion Officer (CDEIO).
We implement health, safety, and security programs and strive to maintain a safe and secure environment for Associates and customers.
In our stores and distribution centers, we mitigated risk by introducing a Store Safety Plan, which required the use of face masks, rigorous cleaning, social distancing, and Associate temperature checks.
At Bed Bath & Beyond, we understand the urgency of the environmental issues that face us today.
We focus our sustainability efforts on the critical issues of climate change, sustainable products, and eliminating waste.
As we transform our business, we have the unique opportunity to deeply embed environmental considerations in the business decisions we make.
On our path to no net emissions for Scopes steps to reduce emissions that come from our stores, warehouses, and offices.
change and know the most important action we can take is to reduce our emissions and integrate renewable energy into our mix, faster.
We seek to mitigate the environmental impact of our operations and drive positive change.
We introduced a new environmental policy that lays out our commitments to making a positive change where possible in our own operations through goalsetting, oversight from our Board of Directors, and compliance with applicable laws and regulations.
We also seek to influence our business partners to make similar commitments, and work with our supply chain and external stakeholders to lessen the impact of our operations on the environment.
We aim to have no net greenhouse gas emissions for Scopes working to establish and publish science-based targets that include our Scope 3 emissions by the end of 2023.
the U.S., Canada, and Mexico warehouses are critical for addressing our environmental impact and a key way we will meet our goal of no net emissions for our Scope 1 and Scope 2 by 2030.
By connecting our HVAC and lighting systems and allowing for scheduling and remote management, these systems help us monitor, control, and optimize energy use in our stores, warehouses, and distribution centers.
Through this integration, we are able to remotely control blower motor speed to reduce energy usage outside of the pre-programmed factory settings.
our own solar panels and wind power in Texas and solar panels in New Jersey – an important first step in reducing emissions.
In addition, we source renewable energy from third-party providers, given that self-generation does not currently provide enough energy to power our stores.
As we move forward with our strategic investments, we are evaluating alternative energy sources at all leased facilities and stores where applicable.
To further reduce our energy use, we introduced motion-sense lighting to ensure that lights automatically turn off when people are not present.
We are actively working to update and replace existing HVAC systems with more efficient systems, which will curb energy consumption and thereby reduce our emissions and electricity costs.
SmartWay to help companies identify and select products and services that reduce transportation-related emissions.
SmartWay transportation providers measure, benchmark, and report their emissions, allowing us to reduce the environmental impact of our supply chain.
This positions us to make informed decisions about transportation-related emissions and to select more efficient freight carriers and transport modes.
of individual trucks transporting products to our stores, and consequently reduced our emissions and fuel consumption per unit.
We are exploring additional opportunities to reduce emissions and drive down fuel consumption, including optimizing the fulfillment process, electrifying trucks, reducing idling, optimizing store deliveries, and consolidating our overseas shipments.
We are committed to building a more efficient supply chain while lowering emissions.
To do so, we are embedding environmental criteria into our regional distribution centers (RDCs), third-party logistics, and landlord agreements.
We select third-party logistics partners such as those that serve our Frackville, PA, and Southern California RDCs that have strong environmental programs and we continue to evolve our working model together.
In disclosure mechanisms into our request for proposal (RFP) process for trucking transportation partners, allowing us to assess potential partners against their emissions.
Our goal is to divert our own operations by 2050, and in 2021 we diverted 44% of our operations’ waste.
We are exploring additional waste diversion targets and supplier waste targets and are committed to providing waste solutions to our customers for durable product categories.
The partnership offers a convenient way for our consumers to upcycle their old baby gear, resulting in less landfill waste and a smaller product carbon footprint.
Since have enabled us to divert more than 145,000 27 tons of waste from landfills, positively contributing to our environmental goal of zero waste to landfill by 2050.
This will foster more accurate product allocation and decrease inventory waste.
Given almost all of our water use comes from the plumbing in our stores, warehouses, and offices, we plan to accomplish this by understanding and implementing relevant best practices regarding water consumption, including harvesting, low flow fixtures, and reusable water bottle filling stations.
For our Owned Brands, we are actively working to mitigate the environmental impacts of our packing, reduce the materials we use in our packaging, and design packaging that uses more sustainable materials.
When sourcing paper for our product packaging, we maximize use of Forest Stewardship Council (FSC) and Sustainable Forestry Initiative (SFI) certified paper products.
Reduce: To reduce waste and material use in our operations, we have reduced label sizes, replaced airbags with paper dunnage, and replaced carton shipping containers with envelopes as available.
The Board values diversity in its broadest sense, reflecting, but not limited to, gender, age, race, ethnicity, sexual orientation, gender identity and life experience, and is committed to a policy of inclusiveness.
Our Board of Directors provides our Company's highest level of oversight for our Environment, Social, and Governance (ESG) program.
Committee to reflect the Committee’s increased focus on diversity, equity, and inclusion and human capital matters, and updated the Committee’s charter to include oversight of certain culture-related programs, including cultural initiatives and associate engagement activities.
Company’s risks, mitigation efforts and related controls to manage such risks.
labor, human trafficking, and slavery, hiring, employment, and disciplinary practices, non-discrimination, health and safety, environmental protection, wages and benefits, working hours, and Associate relations.
We are committed to sourcing materials of animal origin in a humane, ethical, and sustainable manner and expect the highest standards of animal welfare, and proper handling of animals used in the production of products we sell.
We set high standards for our products, and expect any products derived from animals to be produced in accordance with the Five Freedoms of the Farm Animal Welfare Committee (FAWC).
Detailed information is provided in our Animal Welfare Policy.
Restricted Substance List (RSL) includes substances that may or may not be subject to current legislation but are of potential concern to human health and the environment.
across three areas: Environmental, Social and Governance (ESG).
% grid electricity % renewable 8.6% Data Security CG-MR230a.1 Description of approach to identifying and addressing data security risks Bed Bath & Beyond is committed to protecting its customers’ and Associates’ data throughout the organization.
CG-MR Revenue from products thirdparty certified to environmental and/ or social sustainability standards While we do not currently track revenue from products certified to third-party environmental and/or social sustainability standards, Bed Bath & Beyond prefers suppliers who report their performance using Metafore’s...
We use clear guidelines for exclusionary criteria (e.g., restricted chemicals, animal welfare).
These substances may or may not be subject to current legislation but are of potential concern to human health and the environment.
CG-MR Discussion of strategies to reduce the environmental impact of packaging Our approach to tackling sustainable packaging is oriented along a material hierarchy.
program and Commitment to Equal Opportunity and Diversity.
People, Governance As part of our goal to achieve no net emissions for Scopes our own solar panels and wind power and sourcing renewable energy from third-party providers.
We utilize energy management systems to improve energy efficiency in our stores, warehouses, and distribution centers.
To ensure our company represents the diversity of the communities where we live and work, we’ve pledged to have at least of roles be filled women at each level and achieve 25% racial and ethnic diversity at each level by 2030.
To reduce waste, we set a goal to divert 100% of our waste in our operations from landfill by 2050.
Planet Climate change is one of the biggest threats to our planet, and reducing our emissions is one of the most important steps we can take.
We set a goal to achieve no net emissions for Scopes science-based targets that include Scope 3 emissions by 2023.
Such factors include, without limitation: general economic conditions including the recent supply chain disruptions, labor shortages, wage pressures, rising inflation and the ongoing military conflict between Russia and Ukraine; a challenging overall macroeconomic environment and a highly competitive retailing environm...
Identifying current and future trends: We conducted futures research to help identify the social, environmental and economic issues that will influence learning, our ecosystem of partners and Pearson’s business in the years to come.
While all of the “sustainability foundations for social and environmental impact” described on pcritical, we have elevated Operational GHG emissions into our matrix because of its key importance for our stakeholders and because it is an important precursor to advancing education about climate change.
our educational content, and addressing inequalities within Pearson, reflecting the diversity of the people we serve.
(climate action, SDGs, social justice, anti-racism) Leveraging our products, services and partnerships to support learning about content and skills related to social and environmental issues in order to help them prepare for green jobs, work for companies who are increasingly focused on sustainability and in their ever...
and external input, we aligned on criteria for products that teach sustainability, social responsibility, and diversity, equity and inclusion.
that we continue to scale efforts around human rights and the environment in our operations and supply chain.
our ongoing work to promote good labor practices and working conditions and mitigate impacts on climate and forests across our value chain.
Going forward we will report our full scope 3 emissions and our progress against our target.
The intensity metrics have also been rebased to include full scope 3 emissions.
In previous years, we only reported scope emissions from business travel and intensity metrics reflected this.