Stripe, ADM, and other companies tout Earth Day pledges and progress reports. This editorial article is part of Financing a SustainableFuture series in partnership with BofA_News
CVS Health ran down a list of its 2021 climate progress, including having its net-zero targets validated by the
," Cary Krosinsky, who teaches sustainable finance at Yale University and Brown University, told Insider."Stripe's focus on investing in startups doing carbon capture and of this scale recognizes that people expect more from companies today than just how they are reducing their own operational footprints."
"It makes a lot of sense for the tech sector to say, 'We're going to each throw money into a kitty on a mega project,'" he says.As part of Earth Day celebrations this year, multinational food processing company ADM said it has accelerated its 2030 timeline for deforestation-free sourcing. The companyADM said it will achieve its traceability goals in soy supply chains in Brazil, Paraguay, and Argentina by year-end, and is making progress in tracing its palm supply chain.
ADM also continues to invest in satellite imaging technology to keep its supply chains transparent and monitor for signs of deforestation.
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