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    S4Capital Becomes the First Major Agency to Join The Climate Pledge

    53 companies and counting across the globe have now committed to net-zero carbon emissions by 2040.

    By Robert Cameron - Feb 18, 2021
    S4Capital Becomes the First Major Agency to Join The Climate Pledge

    Image credit: Bill Oxford, Unsplash

    Sir Martin Sorrell’s S4Capital became the first major agency to sign on to The Climate Pledge. The announcement was made by Amazon and Global Optimism. 19 other companies also joined the pact.

    With the addition of the new signatories, 53 companies across 18 industries and 12 countries have committed to working towards net-zero carbon in their worldwide businesses—which in aggregate has the potential to significantly reduce corporate carbon emissions.

    Each organization is at a different stage in its journey to net-zero carbon emissions, but all 53 signatories are committed to The Climate Pledge’s ambitious goal of meeting the Paris Agreement 10 years early.

    Those that joined also include Acciona, Colis Prive, Cranswick plc, Daabon, Free Now, Generation Investment Management, Green Britain Group, Hotelbeds, IBM, Iceland Foods, Interface, Johnson Controls, MiiR, Orsted, Prosegur Cash, Prosegur Compañia de Seguridad, Slalom, S4Capital, UPM, and Vanderlande.

    “There’s an opportunity for our global team to combine each of our expertise toward the greater good and address critical global issues like climate change together. This is why we are delighted to join The Climate Pledge community.”

    Signatories to The Climate Pledge agree to:

    • Measure and report greenhouse gas emissions on a regular basis.
    • Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies.
    • Neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net-zero annual carbon emissions by 2040 — a decade ahead of the Paris Agreement’s goal of 2050.

    The 20 new signatories represent diverse economic sectors, ranging from energy to agricultural and financial services. Each company is implementing science-based, high-impact changes to its business to help decarbonize the value chain, including innovating in circular economy, deploying clean energy solutions, and mobilizing supply chains to reach net-zero by 2040.

    “As the U.S. takes an important step forward in the fight against climate change by officially rejoining the Paris Agreement this week, I am excited to welcome 20 new companies to The Climate Pledge who want to go even faster,” said Jeff Bezos, Amazon founder and CEO.

    “Amazon co-founded The Climate Pledge in 2019 to encourage companies to reach the goals of the Paris Agreement 10 years early, and we’re seeing incredible momentum behind the pledge with 53 companies from 18 industries across 12 countries already joining. Together, we can use our collective scale to help decarbonize the economy and preserve Earth for future generations.”

    S4Capital

    S4Capital has also shown its support for a number of other campaigns for the greater good as evidenced in a series of actions: its support for the Ten Principles of the UN’s Global Compact on Human Rights, Labour, Environment, and Anti Corruption; its signing the EU Green Deal; and its commitment to report GHG emissions from 2020.

    “We believe that the focus on ESG is crucial and we are growing S4Capital in a responsible and sustainable way, for the long-term benefit of all,” said Sir Martin Sorrell, S4Capital executive chairman.

    “There’s an opportunity for our global team to combine each of our expertise toward the greater good and address critical global issues like climate change together. This is why we are delighted to join The Climate Pledge community. Only by working together, will we be able to rise to the challenge, curb our emissions, and reach net-zero carbon by 2040.”

     

     

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