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HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

It also said it would work with the broader finance sector to create a standard to measure financed emissions and support a functioning carbon offset market.

Net Zero 402
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bp Invests in Aviation Decarbonization Solutions Provider CHOOOSE

ESG Today

Climate tech startup CHOOOSE announced today the launch of a new partnership with energy giant bp, aimed at enhancing its decarbonization solutions for the aviation industry, and helping airlines to meet their sustainability obligations. As part of the partnership, bp is making a strategic investment in CHOOOSE.

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Startup CHOOOSE Raises $15M for Platform Helping Enterprises Provide Climate Action Programs for Customers

ESG Today

Founded in 2017, Norway-based CHOOSE provides a software as a service (SaaS) platform enabling companies to build and run climate programs allowing customers to track, understand, and reduce emissions. Frederick Teo, CEO of GenZero, said: “Many consumers and businesses are rightly concerned about their carbon footprint.

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20 C-suite sustainability champions for 2021

GreenBiz

Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbon offsets. Then it open-sourced these innovations for the benefit of wider industry. "At

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Going beyond the clean energy PPA to decarbonize the grid

Renewable Energy World

But, in some cases, there's an opportunity to go beyond the PPA, and more effectively decarbonize the grid through hourly load matching, or 24/7 matching, according to an analysis by RMI. RMI defines hourly load matching as "where a buyer attempts to procure sufficient carbon-free energy to match a given facility's load in every hour.".

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How 24/7 clean energy procurement impacts the grid

Renewable Energy World

The study from Princeton University's ZERO Lab is the first analysis of the grid impact of 24/7 carbon-free electricity procurement, which is growing in popularity among corporate and governmental energy buyers. Background: Going beyond the clean energy PPA to decarbonize the grid.

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Can the feds jump start 24/7 carbon-free electricity adoption?

Renewable Energy World

"By tailoring their procurement strategies to regional grid conditions, buyers can help unlock both near-term carbon savings and long-term innovation in technologies that can accelerate full grid decarbonization.". In 2020, Google said it reached 67% carbon-free energy globally on an hourly basis. What is CFE? CFE in practice.