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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

Wed, 07/08/2020 - 08:00. Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. The move shows the efforts that Amazon is willing to go to eke out carbon emissions across its vast network of planes, vehicles and distribution centers that deliver on-demand goods across the globe.

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Etsy takes aim at shipping and packaging in setting 2030 net-zero goal

GreenBiz

For Etsy, the e-commerce marketplace known for handmade items like jewelry, art and apparel, Scope 3 emissions make up 99 percent of the company's carbon footprint. The ambition is part of the company's net-zero carbon emissions by 2030 goal, which it set in February. . “I 31, 2020, which it files annually with the U.S.

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Amazon hands Mercedes-Benz its biggest electric vehicle order to date

GreenBiz

Fri, 08/28/2020 - 00:00. The deal shows how companies are increasingly paying attention to ways to decarbonize transportation including buying more zero-emission commercial vehicles. Amazon plans eventually to have all of its shipments to customers become net-zero carbon, with 50 percent of all shipments net-zero by 2030.

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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Mon, 10/26/2020 - 00:05. But Stena Bulk President and CEO Erik Hånell argued it was "increasingly evident that we need to evaluate as many potential solutions as possible that might help decarbonize the industry.". Michael Holder. percent by 2025.

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Carnival Corporation Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

3BL Media

World’s largest cruise company is first in cruise sector to join research and development center committed to facilitating and accelerating decarbonization of the global shipping industry. DESCRIPTION: Carnival Corporation Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. SOURCE: Carnival Corporation & plc.

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Better Together: The Climate Pledge

GreenBiz

Join us for a conversation about the power of companies (big and small) coming together to tackle the climate crisis, and hear why Global Optimism and Amazon co-founded The Climate Pledge—a bold commitment to become net zero carbon by 2040—10 years ahead of the Paris Agreement. . Thu, 08/20/2020 - 08:42. Thu, 09/24/2020 - 10:00.