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Since its launch in 2006, a significant portion of the global investment industry has signed on to the United Nations–backed Principles for Responsible Investment (PRI). That is, by showing up to shareholder meetings and trying to steer portfolio companies toward decarbonization.
Achieving a net-zero economy is a huge challenge, requiring change on a global scale that impacts the way we live, work and do business. Mahapatra has been leading a global decarbonization of the cooling sector with a particular focus on super pollutant HFCs for more than a decade. But achieving a net-zero economy?
He spent the first decade of his career as a professor of computer science at the Massachusetts Institute of Technology before shifting into the tech sector to land the position of “green energy czar” at Google in 2006 and later acting as director of sustainability for Facebook.
Energy and automation digital solutions provider Schneider Electric announced the acquisition of climate consulting and netzero solutions provider EcoAct. Companies understand the urgency to act but continue to face complexities when it comes to decarbonization.
Founded in 2006 as a boutique corporate sustainability consulting firm, the Boulder, Colorado-based Optera provides sustainability management software enabling companies to accurately measure and manage Scope 1, 2, and 3 emissions, and providing actionable insights and forecasts, and tools to collaborate with supply chain and investment partners.
Transforming this sector is key to moving away from a fossil-fuel-based economy and to achieving net-zero targets. This technology could decarbonize the chemical industry while applying principles of Green Chemistry to create a new generation of climate positive chemicals.
Kontrol Technologies Growth rate: 367% Cooling and heating buildings accounts for 28% of global greenhouse gas emissions, according to the World Green Building Council, which means homes, offices and factories will need massive makeovers to meet the 2050 net-zero goal. Carbon Engineering Growth Rate: 584% Squamish, B.C.–based
Companies and investors alike are seeking to get behind, and capitalize on, the decarbonization tailwinds impacting the industry. These tailwinds are likely to continue given at least 125 countries have committed to net-zero carbon emissions by 2050. greenhouse gas emissions in half by 2030.
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.
Envirotec writes Many are betting on sustainable aviation fuels (SAF) as the pathway to meeting ambitious netzero targets in the sector, with 2040 and 2050 being oft-cited deadlines. It predicts a boom in renewable diesel production in 2030, and subsequent growth in SAF – “crucial to decarbonization of that sector”.
By tailoring the framework to the unique needs of the beverage sector, the guidance ensures actionable insights and meaningful progress toward decarbonization. Commitment to NetZero Leadership As part of a broader commitment to a net-zero future, BIER member companies are embracing ambitious science-based targets.
Driving Agility and Collaboration in a Shifting Landscape Since its formation in 2006, the Beverage Industry Environmental Roundtable (BIER) has unified the beverage sector in its advancement of global environmental sustainability. Climate: Reducing greenhouse gas (GHG) emissions and advancing decarbonization.
She passed a Zero Carbon Bill during her first term that mandates net-zero emissions by 2050 and campaigned on tougher action this term. . It aims to reach net-zero for its own operations and supply chain by 2030.) percent of its GDP. Skeptics have criticized its commitment for not going far enough. .
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