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Mettler-Toledo achieves carbon neutral status for the 5th year

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01 Aug, 2024

This post was originally published on Sustainability Matters

Mettler-Toledo Product Inspection reaffirms its ongoing commitment to environmental stewardship and a sustainable future by achieving carbon neutral status for the fifth consecutive year. Additionally, the company is on track to achieve its goal of sending zero waste to landfill by 2025.

In 2023, Mettler-Toledo has made substantial strides towards its sustainability objectives. Efforts include accelerating the adoption of electric vehicles, ramping up solar power and district heating capacities and re-achieving targets for sourcing 100% renewable electricity. These achievements reinforce the company’s commitment to sustainability and contribute to its 2030 science-based targets for emissions reduction.

The global business has also increased efforts related to sustainable product design, supplier engagement and transparency in its supply chain. The company’s direct supplier engagement program, initiated in 2022, has been further advanced, aligning with environmental, social and governance (ESG) goals and commitments. Leveraging risk assessments, the program targets suppliers where Mettler-Toledo can have the greatest impact, driving progress toward shared sustainability objectives.

For more information, visit here.

Image credit: iStock.com/Khanchit Khirisutchalual

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Government consulting on sustainable investment labelling

Government consulting on sustainable investment labelling

The Australian Government is starting consultation on sustainable investment product labelling, which is designed to give investors more confidence to put more capital to work in sustainable products.

The federal government said the release of this paper is a key step in implementing its Sustainable Finance Roadmap — designed to help mobilise the capital required for Australia to become a renewable energy superpower, modernising the financial markets and maximising the economic opportunities from net zero.

This consultation paper seeks views from investors, companies and the broader community on a framework for sustainable investment product labels.

These labels are designed to help investors and consumers identify, compare and make informed decisions about sustainable investment products to understand what ‘sustainable’, ‘green’ or similar words mean when they’re applied to financial products.

The government said a more robust and clear product-labelling framework will help investors and consumers invest in sustainable products with confidence and help tackle greenwashing.

This phase of consultation will run from 18 July to 29 August and help the government refine its design principles for the framework.

The consultation paper is available on the Treasury consultation hub.

Image credit: iStock.com/wenich-mit

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