This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In a report released March 16, the Public Policy Forum laid out a “leadership blueprint” for Canada’s net-zero transition that urges the federal government to help finance the sector’s efforts to reduce emissions. However, he added, the decarbonization effort must speed up. We’re just not moving with the haste we need to move.
Canada’s carbon pricing regime needs a major overhaul if governments are going to rely on it to drive industrial emitters such as oil sands producers to invest in deep decarbonization projects. The federal government is reviewing its Output-Based Pricing System (OBPS) as part of an update it must make to its climate plan by the end of March.
Based on the latest Future of Enterprises report, we take a closer look at what enterprises can do to reduce their environmental impact and facilitate the journey to netzero. The journey towards a net-zero future has only just begun, and we are truly running out of time. DESCRIPTION: By Sepideh Matinfar. Well, I am!
How the Global 100 has performed against its benchmark since 2005 That said, the worlds top companies are staying the course, knowing that speed bumps wont stop progress toward a more sustainable and inclusive economy. CLIMATE COMMITMENTS 1.5C Business Ambition for 1.5C
The European Commission announced today that it has selected 85 decarbonization technology-focused projects to receive €4.8 The fund is aimed at creating financial incentives for companies and public authorities to invest in advanced netzero and low carbon technologies.
In Canada, “emissions from Canadian airlines increased by 75% between 2005 and 2019 to over 22 million tonnes a year; equivalent to the emissions from five million passenger vehicles,” Adamson and Vipond say. Our approach for decarbonizing aviation will focus on the rapid development of technologies,” the Jet Zero authors say. “Our
Professional services firm Deloitte Canada announced today the acquisition of fleet management consulting firm, Fleet Challenge Canada, in a move aimed at growing its sustainability practice, and building on its capabilities in the climate, sustainability, and fleet decarbonization space.
Australia’s Minister for Climate Change and Energy Chris Bowen announced today that the government will develop sectoral decarbonization plans, starting with six key emissions-intensive sectors, aimed at supporting the government’s netzero plan and interim climate targets.
Of the main carbon-emitting industries, experts say buildings and real estate should be one of the easiest to decarbonize. Torrie estimates we will need to spend between $14 and $48 billion per year to achieve net-zero buildings by 2035, roughly on par with the $20 to $40 billion spent in Canada each year on routine maintenance and repairs.
By investing in our manufacturing operations, innovating with our customers, and collaborating across the value chain, we can help move the needle on decarbonization in our industry and contribute to a more sustainable future for everyone. At Dow, we believe we can decarbonize and create business value at the same time.
It’s only the second recycling company and the first steelmaking company to earn the top spot in the Global 100 since its inception in 2005, highlighting the growing importance of both the circular economy and low-carbon metals in creating a more sustainable future. The company’s rise to the top of the ranking has been rapid.
In addition to supporting financial returns, PSEG’s investment aims to help accelerate the transition to net-zero greenhouse gas (GHG) emissions and a clean energy future while enhancing our own insights and strategies. PSEG climate leadership includes our 2030 net-zero climate vision and our participation in the U.N.-backed
This is a part of RIL’s 15-year vision to become a leading new-energy and -materials company, with plans to be net-zero by 2035. Decarbonizing both sectors, Adani and Ambani’s bread and butter, will have to be a priority if India is to reach its goal of being net-zero by 2070.
As such, agriculture is a focus area for Corporate Knights’s recently launched Earth Index initiative , which tracks progress toward meeting national 2030 targets on the road to a net-zero future. . million cows in 2005) have partly offset rising nitrogen use, leaving Canadian agriculture emissions largely stalled. .
The European Commission announced that it will invest €4 billion for the deployment of innovative decarbonization technologies, with an increased focus on cleantech manufacturing projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). billion for “general decarbonization,” €1.4
Approximately 90% of countries are now covered by some kind of net-zero target, as are hundreds of the largest publicly traded companies. Since its inception on February 1, 2005, the Global 100 Index has generated a total investment return of 331% compared to 279% for ACWI. Net-Zero Asset Managers Initiative.
The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis. C.Canada submitted its last NDC in 2021, with a target to cut emissions by 40% 45% by 2030, on a 2005 base.
A long-time leader on sustainability, Walmart has worked with suppliers, NGOs, and climate action leaders to inspire positive change across global value chains since 2005. Decarbonization and the transition of our energy system to more sustainable and resilient forms of power generation is a critical challenge for companies today.
Meta has set a target to reach netzero emissions across its value chain by 2030, and is one of the largest corporate buyers of renewable energy. Founded in 2005, Spain-based Solarpack develops and operates large-scale renewables projects globally. GW of renewable energy to local grids in the U.S.
Carbon emissions from electric generation are down 48% from 2005 levels Since 2022, helped customers access nearly $377 million in financial support CHARLOTTE, N.C., Other report highlights and insights include: Duke Energy continues to decarbonize to meet its climate goals. The path to net-zero is not linear.
Canadian provinces must rein in their expanding gas systems or risk incurring staggering costs from stranded assets and failure to meet net-zero targets, the Canadian Climate Institute (CCI) warns in a new report. between 2005 and 2022.
NetZero Goal Cisco has been reporting on its environmental impact since 2005. In 2021, Cisco set a goal to reach zero greenhouse gas emissions across our value chain by 2040. This combines with a portfolio of more than 6 GW of operational assets already managed by IGNIS.
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. The end goal is carbon neutrality. .
Global professional services firm Accenture announced today the acquisition of decarbonization strategy-focused consultancy Green Domus, the latest in a string of sustainability-related transactions by the company.
According to analysis by S&P Capital IQ, the Corporate Knights Global 100 Index is the best performing global sustainability equity index since its inception in 2005 and is also ahead of its blue-chip benchmark. Our ESG indicators are radically transparent, enabling a clear understanding of our ratings. C, SBTi A+. C, SBTi A. C, SBTi A.
Founded in 2005, Illinois-based LanzaTech’s biology-based platform converts captured carbon into raw material commodities, that would otherwise be produced from virgin fossil resources. Brookfield will also invest $50 million in LanzaTech to support further corporate development.
If you’re a company interested in climate change, zero might be the most important number. Netzero” is the lens many businesses are using to address their climate impacts. As of October 2022, more than 8,000 companies globally have made commitments to netzero under the United Nations’ Race to Zero Campaign.
targeting net-zero emissions by 2050, fast-tracking electric vehicle (EV) charging infrastructure is essential to realize decarbonization goals. Contact: Hilary Spittle HilaryRSpittle@Eaton.com +1 (216) 712-2005 Regina Parundik, +1 (412) 559-1614. . Eaton is adding more than 1,000 U.S.-based based jobs.
The planned investment was announced with the release of the government’s 2023-24 budget, which allocated more than $4 billion to clean energy-focused programs and initiatives, targeting areas including green hydrogen, industrial decarbonization, and residential energy efficiency. the EU and Canada. The budget also includes investments of $1.6
The Venture Capital Alliance, made up of firms with a combined portfolio worth over $60 billion, has the backing of the UN’s Race to Zero campaign and the Glasgow Financial Alliance for NetZero. The post Netzero transition – the latest signals of change: April 28, 2023 appeared first on We Mean Business Coalition.
The City of Toronto also has an expansive net-zero plan, dubbed TransformTO , as well as one of North America’s few municipal policies (the Toronto Green Standard) designed to push builders to drive energy efficiency beyond the low bar in the Ontario Building Code.
In order to achieve its ambitious emissions reduction targets, particularly Scope 3, Applied will collaborate closely with its customers, suppliers and industry partners, as outlined in the company’s NetZero 2040 Playbook unveiled earlier this year.
Founded in 2005, Viridos has been focused on designing, bioengineering and deploying microalgae to produce algae oil at scale as the preferred feedstock for renewable fuels, such as sustainable aviation fuel (SAF) and renewable diesel (RD), particularly for heavy transport applications such as airplanes, trucks, ships, and trains.
and Canada committed to cut carbon emissions by approximately 30% between 2025 and 2030; Europe is aiming for a reduction of at least 40% below 1990 levels by 2030; and India has committed to cutting emissions intensity by 33%-35% below 2005 levels and generating 40% of its electricity from non-fossil fuel sources by 2030.
"Nuclear energy has always offered the promise of broad economy-wide decarbonization. Dow has a remarkable 125-year history of bringing innovative solutions to the market, and their leadership is a critical driver in meeting decarbonization goals in the energy intensive industrial sector.
Instead, they see our net-zero targets slipping away and they feel betrayed. The list’s sheer variety confirms climate experts’ contention that net-zero will create infinite opportunities for entrepreneurs and inventors with vision, grit and persistence. But daunting challenges bring out the best in people.
If Canada’s heavy industry is going to make the massive investments required to get anywhere close to net-zero, it will need more ambitious and predictable policies from government. The ability to attract capital depends to some extent on the companies’ ability to show they have a “robust, credible path to decarbonization.”
Despite the progress being achieved by these recent political developments, there are several actions that the Biden-Harris Administration should begin to take now to ensure the US reaches netzero emissions by 2050. The IRA reaches a 50% reduction by 2035.
But Germany, with its net-zero aspiration for 2045, wants hydrogen in its cleanest form – green hydrogen – which is made by using renewable energy to power electrolysis, the splitting of water molecules. Air Force base in 1966, the Abitibi pulp and paper mill in 2005 and the downturn in the fishery.
billion in decarbonization technology and clean hydrogen projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). billion for netzero technologies, including €1 billion targeted specifically to electric vehicle battery cell manufacturing, and a further allocation of €1.2 We are investing €4.6
The launch of the solution marks the beginning of a new era in carbon accounting systems, which are expected to significantly impact businesses worldwide as decarbonization becomes a legal and market imperative. Accenture is helping organizations achieve their net-zero and sustainability targets in a rapidly evolving regulatory landscape.
New Zealand, a nation of about 5 million people, in late January reported progress toward its goal to cut emissions by 30 percent over the next decade compared with 2005 levels — but recognized current measures won’t be enough to meet the Paris Agreement goals. It aims to reach net-zero for its own operations and supply chain by 2030.)
JUST’s analysis shows a majority of companies (57%) currently disclose Scope 1 and Scope 2 emissions (up from 42% in 2021); 30% report Scope 3 emissions from travel; 10% report Scope 3 emissions from use of their products (mostly utilities); and over 100 companies from our universe have set netzero targets of one kind or another.
This positions the UK as a leader in rapid decarbonization, setting a high benchmark for other developed nations. Brazil pledged to reduce net greenhouse gas emissions by 59%–67% by 2035, compared to 2005 levels. The UK will deliver its full plans in 2025.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content