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In 2020, Firmenich was said to have become the first company in its industry to achieve 100% renewable electricity worldwide
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The luxury fashion brand is currently carbon-neutral across its operations globally and all the electricity it uses comes from renewable energy sources
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The pub and brewer has pledged to halve all emissions by the end of the decade
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It claims its paper will provide the clarity needed to the financial sector to hit net zero by 2050
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It has also committed to only using 100% renewable energy by 2025
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It has joined the SBTi to track its climate goals
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The commitments have been made as part of its Sustainability Report
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The company said it has already purchased enough carbon offsets to make it carbon-neutral in 2020
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It builds on the firm’s EnviroAction programme, which since 2008 has reduced emissions intensity by 35% and is on track to deliver a 60% reduction by 2030
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The UK investment fund also expects companies to adopt a target for net zero emissions by 2050 and wants executive pay to be linked to sustainability goals
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The company is targeting a 55% reduction in emissions by 2030, compared to the 2005 baseline and aiming for net zero emissions by 2050
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It has increased its aim to cutting GHG emissions by 63% from 30% by 2030
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