@Ingrid_Hesser_1
Ingrid Hesser
54 w
Meanwhile, over in Switzerland, if a company won't listen you have to say it a little louder... The Changing Markets Foundation and Mighty Earth brilliant methane campaign team have been working to unpick Nestlé's creative accounting around emissions reductions and call out their lack of integrity ahead of their AGM: ➗ Creative accounting 101. Nestlé claims a 23% reduction in targeted emissions from livestock by 2023, but in fact its actions will only lead to a 5.3% reduction. 🎯 The new analysis shows that it has only made a 1% reduction since the launch of its net-zero plan and it will miss its 2050 target. 🐄 The team also found Nestlé is hyperfixating on regenerative practices while ignoring science-based strategies like absolute methane reductions. Cutting methane could act as a climate emergency break, but only if we do it fast. Full analysis here: https://lnkd.in/eMrB4duC
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Ingrid Hesser
54 w
If a company won't listen you have to say it a little louder... The Changing Markets Foundation just released a detailed assessment on the robustness of Nestlés net zero plan. Read the full report here: http://changingmarkets.org/wp-content/uploads/2023/04/CM-Report-layout-Net-Zero-Integrity-Web-light.pdf The Changing Markets Foundation methane campaign team have been working to unpick Nestlé's creative accounting around emissions reductions and call out their lack of integrity ahead of their AGM: ➗ Creative accounting 101. Nestlé claims a 23% reduction in targeted emissions from livestock by 2023, but in fact its actions will only lead to a 5.3% reduction. 🎯 Our new analysis shows that it has only made a 1% reduction since the launch of its net-zero plan and it will miss its 2050 target. 🐄 The team also found Nestlé is hyperfixating on regenerative practices while ignoring science-based strategies like absolute methane reductions. Cutting methane could act as a climate emergency break, but only if we do it fast. Thanks for sharing George Harding-Rolls
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Let's all join in being the voice that is heard! Change starts with you and I
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Great!
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We shout until we're heard
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Renewcell
85 w
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This year, a new partnership between Renewcell and the Swiss yarn manufacturer HeiQ was announced. Combining our two innovations, together we are able to produce a game-changing replacement for the most frequently used and unsustainable raw material in the fashion industry. Polyester makes up almost 70 percent of the textile market share today. Conventional polyester fabric is usually derived from petroleum and causes major ramifications to the environment. In fact, 35% of the microplastics found in our oceans stem from polyester garments. Furthermore, most polyester commonly found in clothes today is virgin, and there are several limitations to recycling polyester and thus closing the loop for circularity. Even though there are some sustainable options on the market that offer recycled polyester fabric from fish nets, also known as polyamide, most recycled polyester found on the market today is made of PET. While plastic in itself has the ability to be recycled several times when it is constrained to the form of PET bottles, however, when PET is utilized in recycling polyester in garments, the end of life occurs after being recycled once. After that, it becomes very difficult to recycle the same material again. To add to this issue, big-scale capacity for textile-to-textile recycling of synthetic fibers does not exist. In many ways, highlighting that a garment is made from recycled polyester is a form of greenwashing as those PET bottles could have continued being recycled in the same value chain. In addition, as polyester is a fossil-based material, recycling only goes so far in solving the broader problem. Thus, we need to find other materials that can equal the positive aspects of polyester, while having a smaller impact on the environment. Renewcell’s new collaboration aims to develop a new filament yarn that can be used in place of polyester. Promising tests have shown that combining our Circulose® pulp with HeiQ’s cellulosic yarn HeiQ AeniQ can result in a strong and versatile textile that can act as a replacement for both conventional and recycled polyester. The global middle class is growing, and people around the world are lifted out of poverty. This is a very positive development and a testament to the fact that globalization can bring some hopeful changes. However, given this notion, the demand for clothes continues to surge by the decade. Therefore, it comes as no surprise that the usage of polyester in textile production continues to increase. Given the evidence-based facts of the environmental harm the material contributes to, we need substitutes to meet the rising demand for comfortable and durable clothing. Through Renewcell’s partnership with HeiQ, we can expand the use of textiles that are entirely fossil-free, circular, biodegradable, and less energy intensive in production. The need to find a substitute for polyester goes beyond just the fashion industry. The material exists in a wide range of products in everything from seatbelts to filters, films, ropes, fish nets, and wires. This versatile and wide-ranging usage of polyester presents the scope of the problem. In the same way as with polyester clothing, in the case of many of these products, recycled polyester is not durable, given that the recycling process reduces the quality of the plastic. Therefore, the need to create new materials to prevent plastic pollution and carbon emissions, which polyester is held responsible for, continues to be salient. Our CEO, Patrik Lundström recently said: “The challenge of how to use Circulose® as a direct substitute for oil in high tenacity performance fabrics has remained, until now.“ Through our partnership with HeiQ, we have come up with a solution for replacing polyester in the fashion industry, but we recognize that climate action is, at heart, a team effort. We hope that our partnership and subsequent innovation will inspire more companies and innovators to tackle other areas in which polyester plays a dominant role in production. We need to come together to solve this issue, and while Renewcell has found a replacement, all help is vital in order for us to reach the 2030 Sustainability Goals set by the UN. Let's make an industrial evolution together. If you have any ideas for partnerships we can create or actions we can take to reduce the use of polyester, please let us know in the comments below or through a climate idea. For more information on our new partnership, read our press release.
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Such an awesome piece of innovation!
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Amazing! This is the kind of innovations that the whole world needs!
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Amazing
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Ingmar Rentzhog
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The Swedish government (led by Socialdemokraterna) will distribute SEK 1,000 - 1,500 (approx 100 Euro) in direct subsidies to the minority of Swedes who are car owners, at the cost of SEK 4 billion (approx 400 million Euro). That is more than five times as much as the Swedish state spends annually on pedestrian and bicycle infrastructure. In addition, almost as much is added to lowering the diesel and petrol tax. Seriously. Is this the way we show climate leadership? There must be more intelligent and less populistic ways of helping people pay their bills because of the rising costs of fossil energy. One example is New Zealand which has decided to halve public transport fares to ease the pain of sharply rising petrol costs as fuel oil prices soar following Russia’s invasion of Ukraine. Source (in Swedish): https://www.regeringen.se/pressmeddelanden/2022/03/regeringen-presenterar-atgardspaket-for-att-mota-prisokningar-pa-drivmedel-och-el-till-foljd-av-invasionen-av-ukraina/ Read more about New Zealand: https://www.theguardian.com/world/2022/mar/14/new-zealand-halves-public-transport-fares-as-petrol-prices-soar-amid-russia-ukraine-war
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Dear Ingmar Rentzhog Thank you for getting your climate warning to level 2! We have reached out to Socialdemokraterna and asked for a response. I will keep you updated on any progress! /Adam We Don't Have Time
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Yes, let's send a warning to the Swedish government and send climate love to Jacinda Arden, we need more of the kind of NZ leadership: https://app.wedonthavetime.org/posts/007e3c9f-57e9-4b50-9f12-a0394a402319
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We Don't Have Time
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“I’ve been asked a question,” said Lord Nicholas Stern during the recent Exponential Climate Action Summit II – Financing the Race to Zero. “Are we at the global financial tipping point? My answer to that question is going to be yes—and in fact I think we’ve passed that tipping point.” ”This decade is crucial for the future of us all”, said Lord Nicholas Stern in his keynote speech at the digital, no-fly event "Exponential Climate Action Summit II – Financing the Race to Zero", broadcast live on Earth Day, April 22. Lord Nicholas Stern is chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science. He was also previously chief economist and senior vice president of the World Bank, and chief economist of the European Bank for Reconstruction and Development, and he formerly served as president of the British Academy, the Royal Economic Society, and the European Economic Association. In other words, he is one of the world’s leading experts on climate change economics, finance, and policies. Lord Stern says the global financial tipping point that we have now passed “is about acceleration from the pace of the past. It’s about irreversibility, so to understand whether we are at the tipping point—and indeed I think we’ve gone past it—you have to look back a little bit at the history, because the finance follows the politics, the finance follows the investments, and it follows the technology and the change.” Stern notes that after the inception of the Intergovernmental Panel on Climate Change (IPCC) in 1988, and the 1992 adoption of the UN Framework Convention on Climate Change, progress was gradual. The publication of his The Stern Review: The Economics of Climate Change in 2006 stimulated some movement, but still headway was slow. It is the year 2015 that Stern points to as the “turning point in the global agenda”, when acceleration toward the tipping point began. That is the year the Paris Agreement was signed at COP21; the UN Sustainable Development Goals were declared; and the Task Force on Climate-related Financial Disclosures was launched. “But it had a real pickup in 2018,” says Stern, “And that was the crucial IPCC report of 1.5 degrees, which demonstrated not only that 1.5 was much safer than 2 degrees and that 2 degrees wasn’t that safe—and indeed it was dangerous—but at the same time underlining the importance of net zero. And that was a fundamental change in 2018.” “That was a crucial moment, because once you lock in the idea of net zero, you recognize that we’re going to all have to do it—all countries, all firms.” It is from that point that he sees progress really accelerated. https://youtu.be/uONrQmWxAN0?t=1572 Watch Lord Nicholas Stern’s keynote speech at “Financing the race to zero”, which was broadcast live on to more than five million viewers worldwide on Earth Day, April 22. By this point in spring 2021, says Stern, “I think the IFI’s [international financial institutions] now are committed to alignment with Paris, and the finance ministers themselves are becoming committed. And that’s crucial, because you can’t leave the transformation of the whole economy just to environment ministers. It’s got to be the finance and economic ministers.” The reality of financial returns on renewable energies versus fossil fuels is especially telling of the tipping point passed. “If you look at investment now…investment has really moved,” says Stern. “In 2019, if you look at the power sector, there was three times as much investment in renewables, excluding large hydro, as there was in fossil fuels.” “If you look at these investments from 2015 to 2020, the returns to investment in fossil fuels in all of the US, the UK, Germany and France, was either zero or negative. The returns to renewables in the US was 10 percent, the UK 11 percent, in Germany and France 23 percent.” These numbers relay a clear message. “The markets are speaking that the investments in fossil fuels are bad investments,” says Stern, “And they’re bad investments for good reason, because those are the technologies of the last century, and those things that are going to go well are the technologies of this century.” Energy of the future. The Gansu wind farm project, China. Photo: Popolon, Creative Commons These new technologies in the green sector, the investments that increasingly fuel them, and the underlying urgent press toward net zero are powerful causes for hope. As Stern frames it, “The drive to net zero is the growth story of the 21st century, in terms of raising living standards across the board—material living standards but also, and important, cities where we can move, breathe, be productive, ecosystems which are robust and fruitful.” “This is the story of how to raise living standards at the same time as driving to net zero and giving our children and grandchildren a chance. That’s of fundamental importance. The idea is there, it’s being demonstrated, and the money in the finance sector is following where the future is going.” It is also only the beginning of a long journey that will be urgent through its end. “So when I say that we have passed the tipping point…that should not be interpreted as blind optimism. We have just passed it. We’ve got a very long way to go, we have a sprint, a middle distance, and a marathon. And we have to move very fast in this decade if we’re to get where we want to go.”
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Really clear and valid points raised by Stern, in terms of climate finance.
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That's a plausible stunt pulled by these amazing climate justice advocates. Nestle should act promptly
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Leading to a very dangerous direction,
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This is totally wrong @ Nestle. We thought you were taking climate change actions seriously.