HomeCarbon NewsClimate Activists Target 30 Global Corps

Climate Activists Target 30 Global Corps

Environmental group, Friends of the Earth, which won a landmark court case against Royal Dutch Shell last year, is targeting 30 other firms with operations based in the Netherlands.

Last May, they won a landmark victory over Shell and forced then to decrease its environmental impact.

This time around they want significant reductions in greenhouse gas emissions in these large organizations.

Letters were addressed to the CEOs of some of the largest banks, retailers, oil, energy giants, builders, and industrial manufacturers.

The letter requested the firms present plans describing how they will reduce carbon emissions by 45% from 2019 levels by 2030.

Failing to do so may result in legal action and they have set a 3-month deadline for the corporations to present a climate plan, which is due on April 15.

Firms include:

Insurer: Aegon, Atradius, NN Group, ING Group,

Industrials: AkzoNobel (Paint maker), BAM Group (Builder), Boskalis Westminster (Dredger), Vopak (Storage), Stellantis (automotive), Tata (Steel)

Oil firms: BP, ExxonMobil, Shell,

Chemical manufacturers: Dow Chemical, Yara chemical, LyondellBasell

Dairy, & Agriculture & Nutrition: Friesland, Campina, Vion, DSM

Aviation: KLM, Schiphol airport,

Banks & Pension funds: Rabobank, ABP, PfZW,

Conglomerates: Unilever

Energy & Trading: Uniper, RWE, Vitol energy,

“We have made it plain that, if necessary, we are willing to go to court. But, of course, we hope that these businesses will go on their own ” spokesperson for Friends of Earth stated

They will be used to establish an emissions baseline against which progress in reducing climate-heating gases can be monitored, according to the group.

Most Popular
LATEST CARBON NEWS

Green Star Royalties Invests $5.6M In NativState LLC for Carbon Offset Portfolio

Green Star Royalties, the world’s first carbon credit royalty and streaming company boasts funding top-notch North American nature-based climate solutions. It’s a joint venture...

Mercedes-Benz Reveals First-Ever Electric G-Wagon

As automakers and suppliers invest heavily in electric vehicle (EV) capacity and technology development, the actual demand for EVs has yet to catch up,...

Verra’s VCS Program Update: Navigating CORSIA and ICVCM Alignment

Verra, a leading non-profit VCM registry in the US has recently released updates to its Verified Carbon Standard (VCS) Program. The latest release, VCS...

Coal Power is Accelerating Despite the Energy Transition

In a significant development for the global energy landscape, China has led a surge in coal-power capacity, driving the world's total to a record...
CARBON INVESTOR EDUCATION

What Is COP28? Key Issues to Watch Out at 2023 Climate Summit

After a record-breaking year of devastating effects of climate change, from record wildfires in Greece and Canada to floods in Libya, the United Nations...

Climate Disclosure: New Corporate Standards for a Net Zero World

As part of the world’s continued efforts to combat climate change and transition towards net zero, one important piece of the puzzle is new...

Carbon Pricing: Understanding The Economics and Trends of Fighting Climate Change

As global temperatures continue to rise, the urgency surrounding climate policies has intensified, thrusting carbon pricing into the limelight of climate discussions. The race to...

The EU Corporate Sustainability Reporting Directive (CSRD): Key Things to Know

Companies operating in the European Union will have to deal with new non-financial and sustainability reporting requirements starting January 2024 with the EU's Corporate...