Big Corporations Vow to Slash Greenhouse Gas Emissions

A United Airlines plane at San Francisco International Airport, Sept. 8, 2018 (Photo courtesy Bill Abbott)


SAN FRANCISCO, California, September 21, 2018 (ENS) – United Airlines has become the first U.S. airline to publicly commit to cutting its own greenhouse gas emissions in half by 2050, strengthening the carrier’s stated ambition to be “the world’s most environmentally conscious airline.”

United says its pledge to reduce greenhouse gas emissions by 50 percent from its 2005 level equals taking 4.5 million vehicles off the road each year, or the total number of cars in Los Angeles and New York City combined.

A United Airlines plane at San Francisco International Airport, Sept. 8, 2018 (Photo courtesy Bill Abbott)

“At United, we believe there is no point in setting challenging and ambitious goals without also taking tangible steps towards achieving them, especially when it comes to securing the health of our communities and our planet,” said United CEO Oscar Munoz.

The airline will continue to invest in the company’s ongoing environmental initiatives to support this commitment. It pledges to expand the use of sustainable aviation biofuels, welcome newer, more fuel-efficient aircraft into its fleet and implement more operational changes to better conserve fuel.

“While we’re proud to be first U.S. carrier taking such an ambitious step, it is a distinction we look forward to sharing as the rest of the industry catches up and makes similar commitments to sustainability,” said Munoz.

To celebrate, on September 14 United operated Flight 44 from its hub in San Francisco to Zurich, Switzerland with the carrier’s most fuel-efficient aircraft, the Boeing 787, powered by a blend of sustainable aviation fuel supplied by World Energy’s California-based AltAir Fuels.

The airline used 16,000 gallons of biofuel at a 30/70 blend with conventional jet fuel for the flight to Zurich, representing the longest transatlantic flight to date – and longest by a U.S. airline – powered by a biofuel volume of this size.

United has sourced more than two million gallons of sustainable aviation biofuel since 2016 and is responsible for more than half of the airline industry’s commitments to biofuel.

United announced its new commitment in San Francisco at the Global Climate Action Summit last week, joining a growing roster of corporations that are reducing their heat-trapping greenhouse gas emissions.

United Airlines is not alone. Companies across the United States are filling the void left by their national government.

Almost three years after world leaders unanimously signed on to the Paris Agreement, and with time running out before greenhouse gas emissions must peak, there is an unprecedented rise in the number of companies everywhere committing to reduce their emissions to levels needed to prevent dangerous global warming.

Ninety American companies have joined the Science Based Targets initiative, more than any other country and ahead of Japan with 64, the UK with 51, France with 35 and India with 24.

The Amsterdam headquarters of Tommy Hilfiger, Feb. 11, 2010 (Photo by Schone Kleren Campagne)

Nearly a quarter of the U.S. companies (24%) are in the Fortune Global 500, with over half (50) signing up since June 2017, when President Trump announced the United States would withdraw from the Paris Agreement. Apparel company PVH, which owns the Tommy Hilfiger and Calvin Klein brands, engineering firm AECOM and cloud computing company Salesforce are among the latest U.S. companies to commit to set a science-based target.

Over 130 new corporate entities have made science-based emissions reduction commitments since the start of 2018, a 39 percent increase from the previous year.

The combined market capitalization of all companies that have joined the Science Based Targets initiative is nearly USD$10 trillion, comparable to the NASDAQ stock exchange.

Seventeen percent of Fortune Global 500 companies have now committed to set science-based targets, with new joiners this year including: French tire manufacturer Michelin, U.S. food producer The Kraft Heinz Company, global brewer AB InBev and Japan’s Yamaha Motor Company.

These companies joined the Science Based Targets initiative, SBTi, a collaboration between the Climate Disclosure Project, CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature, WWF.

The SBTi independently assesses and validates corporate emissions reduction targets against the latest climate science.

Anand Mahindra, CEO of India’s Mahindra Group, announced the new pledges at the Global Climate Action Summit in California.

“This is a pivotal year for global climate action,” Mahindra said. “Nearly three years after the world came together for the historic Paris Agreement, the race is on to meet its goal of restricting global temperature rise to below 2°C and heading off the worst effects of climate change.”

“Targets based on science are the only effective way to meet the challenges we face. Around the world, hundreds of businesses are already showing that this is possible with substantial benefits to brand reputation and the bottom line,” said Mahindra. “I urge all other companies to join this initiative immediately; the time for science-based action is now.”

Over 480 global corporations, from 38 countries, have now committed to set emissions reduction targets in line with climate science and the goals of the Paris Agreement. They include companies from the economy’s highest-emitting sectors, many of which will have to undergo radical transformation in order to meet their low-carbon goals.

Dalmia Cement CEO Mahendra Singhi announces his company’s low-carbon commitment at the Global Clinate Action Summit, Sept. 17, 2018 San Francisco, California (Photo courtesy Dalmia)

Major Indian cement manufacturer Dalmia Cement, whose sector is responsible for more emissions than Japan or Canada, last week joined the ranks of companies committed to setting a science-based target.

Dalmia Cement Group CEO Mahendra Singhi said, “The global low-carbon transition is underway and we are gearing up to unlock innovation and create the sustainable business of the future.”

Dalmia Cement aims to be carbon negative by 2040, he said.

“The Paris Agreement has shown us the direction of travel,” said Singhi. “Science-based targets provide the roadmap to navigate the transition and ensure we play our part in delivering on the world’s low-carbon goals.”

Copyright Environment News Service (ENS) 2018. All rights reserved.


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