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Pension Plans Are Driving Sustainability Reporting

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Kinder Morgan, a publicly-traded company known for its controversial Trans Mountain Expansion pipeline through British Columbia, recently made another news headline: Shareholders voted against the Board of Directors’ recommendation to reject a shareholder’s resolution to adopt GRIS reporting guidelines for its environmental, social, and governance (ESG) practices. How did this shareholder revolt happen?

Setting Science-Based Targets

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In our previous blog post, we discussed what science-based targets are.  Now we explore how to set science-based targets.  In 2015, 195 countries came together to develop the landmark Paris Climate Agreement, which commits its signatories to take action that will prevent average global temperatures from increasing by more than 2°C above pre-industrial levels. This is a considerable challenge. Government commitments to reduce emissions are crucial. To meet the targets set in Paris, cities and companies must also make drastic reductions to their emissions.

What are Science-Based Targets?

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In 2015, 195 countries came together to develop the landmark Paris Climate Agreement, which commits its signatories to take action that will prevent average global temperatures from increasing by more than 2°C above pre-industrial levels. This is a considerable challenge. Government commitments to reduce emissions are crucial. To meet the targets set in Paris, cities and companies must also make drastic reductions to their emissions.