FT commits to net zero carbon emissions by 2050
29 March: The Financial Times will set science-based targets to reduce its total emissions through 2030, in line with the goals of the Paris Agreement to limit global warming to 1.5C, and pursue a path to ‘net zero’ emissions by no later than 2050.
The commitments were agreed by the FT management board following an extensive pre-pandemic emissions audit conducted in partnership with the Carbon Trust.
“With sustainability high on the agenda for our employees and subscribers, we are determined to pursue the most ambitious targets, which are aligned with our New Agenda led positioning on responsible capitalism,” said CEO John Ridding.
The FT’s business commitments will be enhanced by ongoing initiatives to drive conversation and change among its readership, including Climate Capital Live on 30 March, hosted in partnership with the UNFCCC High-Level Climate Action Champions. The event, which includes philanthropist Bill Gates and climate activist Jane Fonda in its lineup, will feature an immersive digital gallery focussed on the geopolitics and business of climate change.
In April, the FT will launch Climate Capital Council, a new FT Forum dedicated to the topic of climate change. The Council will bring relevant FT readers, business leaders, academics, NGOs and policymakers together through a series of events to discuss the responsibilities, challenges and aspirations organisations face and share practical solutions.
Regular updates on the FT’s sustainability commitments, progress and plans will be published on FT.com/AboutUs.
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