As pressure continues to build for companies globally to further develop ESG strategies and positive impact, it is common for businesses to consider partnering with charities to help achieve some of their ESG goals.
Carbon credits are seen by several organisations as a crucial element towards achieving global net zero emissions by 2050, but despite earning a billion-dollar valuation from global companies, carbon credits have long struggled to inspire confidence. Some environmental groups approach carbon markets with scepticism, claiming that they allow companies to appear as though they are leading on climate action, when in fact they are not. In fact, the Science Based Targets initiative (SBTi) does not allow achieving short-term carbon reduction targets using carbon credits and by 2050 only up to 10% is allowed to be achieved through removal credits. Recently, the European Union also banned advertising of products and services as “carbon neutral” if the neutrality was achieved using carbon credits.
TT Club longtime Member PD Ports are a UK ports and logistics business with 12 sites across England ranging from Hartlepool in the North to the Isle of Wight in the South, and is part of the Canadian company Brookfield Asset Management Inc. $600 billion portfolio, which extends to over 30 countries across the globe.
This “Year in focus” brochure takes a look back over the full 12 months of 2023 at some of the key topics that TT has covered, the key events attended and the initiatives launched, all in the name of promoting safety, security and sustainability throughout the global supply chain.
Continuing with its series of TT Briefs aimed at simplifying complex risk issues by providing easily digestible information and guidance, TT has published its latest Brief, ‘Understand and mitigate the risks of working at height.’
