ESG Today

JANUARY 7, 2025

JPMorganChase has chosen to exit the Net-Zero Banking Alliance, ESG Today has confirmed, marking the latest in a rapid-fire series of departures from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities. The departure makes JPMorgan the last large-scale U.S.-based

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GreenBiz

MARCH 18, 2021

million items shipped during 2020. Of course, there’s also the expectation, with Pachama’s involvement, that these projects will originate new carbon offsets, which are in increasingly short supply as big businesses shower the world with net-zero pledges. This company is a big deal in South America with 132.5

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ESG Today

NOVEMBER 16, 2023

JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve net zero by 2050.

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ESG Today

DECEMBER 6, 2023

Global food and beverage company Nestlé announced today a series of agreements enabling the company to shift the equivalent of half of its global shipping needs to alternative, lower-emission fuels, effective immediately. Under the deal signed with Maersk, Nestlé will use Maersk’s ECO Delivery solution for 100% of ocean containers shipped.

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3BL Media

MAY 19, 2022

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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Chris Hall

DECEMBER 20, 2023

COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to net zero will impact their portfolios. The first-ever mention of “transitioning away from fossil fuels” in COP final text was regarded as a major milestone on the path to net zero, even by those who acknowledged its multiple caveats.

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GreenBiz

MARCH 22, 2021

Modern aviation had never seen a year like 2020. In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. Mon, 03/22/2021 - 00:05. A bill introduced in the U.S.

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3BL Media

NOVEMBER 20, 2023

SWORDS, Ireland, November 20, 2023 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, today announced a significant milestone for its industry-leading, sustainable climate solutions – with more than one million HVAC units with low-carbon steel shipped to homeowners and commercial customers across the U.S.

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GreenBiz

OCTOBER 26, 2020

Mon, 10/26/2020 - 02:00. However you look at it, 2020 is a turning point for fleets. . But in early 2019, Amazon announced an industry-first for a delivery company: It pledged that half of all of its shipments would be net-zero carbon by 2030. The entire company (including transportation) will be net-zero carbon by 2040.

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3BL Media

AUGUST 2, 2023

Originally published in Enbridge's 2022 Sustainability Report In September 2021, Enbridge announced the acquisition of a 100% operating interest in the Enbridge Ingleside Energy Center (EIEC), a state-of-the-art shipping facility near Corpus Christi, Texas. Gulf Coast crude exports in 2020.

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Renewable Energy World

AUGUST 25, 2021

Shipping keeps the world moving; but what moves the ships? As part of the increasing global push to achieve net-zero greenhouse gas emissions by 2050, significant attention has been paid to the energy and power sectors. Hydrogen in Shipping. This pressure comes from a variety of sources.

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ESG Today

NOVEMBER 22, 2024

Societe Generale is a founding member of the Net Zero Banking Alliance (NZBA) , a UN-convened coalition of banks dedicated to advancing global net zero goals through their financing activities. of its financing portfolio.

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ESG Today

SEPTEMBER 13, 2022

Singapore-based financial services group DBS announced today a series of 2030 sectoral decarbonization targets aimed at cutting the emissions footprint of the company’s finance and investment activities in key carbon-intensive sectors, in alignment with its 2050 net zero goal.

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ESG Today

MARCH 18, 2024

Deutsche Bank first announced the introduction of ESG and sustainable finance components into its management compensation plans in 2020. Overall, the bank’s targets now cover sectors representing 54% of its financed emissions, and the bank has said that it plans to publish net zero targets for at least two more sectors this year.

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ESG Today

MARCH 24, 2023

Founded in 2020, Brooklyn, New York-based Amogy offers ammonia-based, emission-free, high energy-density power solutions aimed at enabling the decarbonization of the heavy-duty transportation sector. This funding will help us to see our mission of forging a path toward net-zero 2050 through and in turn, make the world more sustainable.”

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3BL Media

NOVEMBER 8, 2022

“Partnerships are essential to reach our decarbonization goals in maritime and working with Entergy and the Port of Lake Charles to initiate shore power for our ocean-class workboats helps in decreasing our environmental impact,” said Matt Yacavone, Crowley Shipping senior vice president and general manager. About the Port of Lake Charles.

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Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?

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3BL Media

OCTOBER 27, 2022

Lenovo is also working with its supply chain to use sustainable biofuels in our ocean shipping with Maersk. Lenovo has been measuring its emissions since forming its first emissions reduction goals in 2009/10, which it met and exceeded in 2020. Sustainable innovation in technology will help to drive the world’s journey to net-zero.

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ESG Today

NOVEMBER 11, 2022

Volvo Trucks announced today that it has begun shipping electric trucks containing fossil-free steel to customers, becoming the first truck manufacturer in the world to do so. Andreas Marschner, Vice President Transportation Services Europe at Amazon, said: “At Amazon, we are on the way to make all of our operations net-zero carbon by 2040.

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We Mean Business Coalition

JULY 14, 2023

Net zero Signals of Change this week include a plan for COP28 and the EU Nature Restoration Law. Net Zero Economy & Finance Sultan al Jaber, COP28 President, laid out the UAE’s plans for this year’s global climate summit at a meeting of governments this week. 26 companies had their science-based targets approved.

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Chris Hall

DECEMBER 14, 2022

It’s an industry you can’t put on the internet; we will need shipping in the years to come, which means we have to ensure it is sustainable in the long term,” says Stephen Fewster, Global Head of Shipping Finance at Amsterdam-headquartered ING Bank. . Hydrogen has very low density, making it difficult to store on large ships.

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Corporate Knights

JANUARY 16, 2024

Sims recycles scrap metal in 30 countries, and Brambles rents recycled shipping pallets and containers around the globe. Leaders in the transition will be rewarded and laggards penalized as the growing crisis drives governments and businesses alike to reassess their strategic interests and align their plans with a net-zero world.

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3BL Media

FEBRUARY 1, 2022

This certification covers the entire supply chain - from manufacturing and launching their satellites to operating company offices - for the 2020 calendar year. . The total 2020 GHG inventory for Planet was 3,482 metric tons CO2e. On the Path to Becoming Net Zero. High-Quality Carbon Offsets. High-Quality Carbon Offsets.

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3BL Media

JANUARY 17, 2024

In late 2023, Trane Technologies announced the fulfillment of its August 2021 commitment to deliver fully electric , zero direct emission Thermo King® refrigeration solutions for every segment of the cold chain in the Europe, Middle East and Africa (EMEA) region by 2023.

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Corporate Knights

SEPTEMBER 20, 2022

According to a 2021 International Energy Agency (IEA) report on how the world could achieve net-zero emissions by 2050, the combined share of low?carbon In 2020, Nova Scotia’s electricity grid emitted 670 grams of carbon (equivalent) per kilowatt hour (kWh), six times the national average. carbon hydrogen and hydrogen?based

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ESG Today

AUGUST 29, 2022

Opedal said: “With the first commercial agreement for transportation and storage of CO2, we open a value chain that is critical for the world to reach net zero by 2050. From early 2025 we will be shipping the first tonnes of CO2 from the Netherlands to Norway. million tonnes of CO2 per year.

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Just Capital

APRIL 13, 2022

While companies tend to shy away from disclosing Scope 3 emissions for this reason, they are a crucial element of understandable, transparent climate commitments and often a differentiating factor between deeming a commitment carbon neutral (carbon emissions are offset by carbon removal) or net-zero (this approach applied to all GHG).

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3BL Media

MARCH 17, 2022

This includes our recently expanded net-zero climate strategy , which builds on our existing commitment to achieve net-zero emissions across operations by 2050. Increased the number of women in senior management to 29% in 2021 from 20% in 2020, with women now comprising 21% of our total workforce (up from 12% in 2011).

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Envirotec Magazine

JUNE 30, 2021

This renewed energy and focus on the energy transition is good news to ensure we continue to move towards the UK’s net zero targets. Figures for 2020 provide that 59% of the UK’s electricity was generated from low carbon sources, whether from renewables or nuclear. billion was paid in subsidies to biomass generators in 2020. £1

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We Mean Business Coalition

JULY 10, 2023

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 and Europe. “We

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Corporate Knights

APRIL 10, 2024

Their criteria: high wind to generate electricity, industrial facilities to produce hydrogen and a serviceable port for shipping. 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.

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3BL Media

NOVEMBER 30, 2023

Through bold, industry-leading action, Trane Technologies is advancing its 2030 Sustainability Commitments , including the Gigaton Challenge – a pledge to reduce customer greenhouse gas emissions by 1 billion metric tons (or, one gigaton) – and its pledge to be net-zero by 2050.

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3BL Media

NOVEMBER 29, 2023

Currently, more than 40% of the world’s largest publicly traded companies have made net-zero commitments as of the end of 2022, up from 20% in December 2020 5. However, only 50% of companies with net-zero targets were found to have a GHG emissions reduction plan that includes intermediate targets 6.

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Corporate Knights

JULY 25, 2023

In 2020, a blistering analysis showed Canada leading the G20 countries in per capita public financing to oil and gas. That work was meant to conclude by 2020. billion in 2020/21 and another $1.5 Those guidelines are due to be released in 2024. billion for the first nine months of 2021/22.

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Sustainability Matters

NOVEMBER 12, 2024

Hadean’s solution supports decarbonisation in hard-to-abate sectors like steelmaking and ammonia production, and enables low-cost syngas for shipping and aviation. Backed by CSIRO and RFC Ambrian, Hadean is rapidly commercialising, securing grants and preparing for a megawatt-scale demonstration in Australia.

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Envirotec Magazine

SEPTEMBER 9, 2022

In its Net-Zero Emissions scenario the IEA expects demand to increase fivefold from 2020 to 2050. On top to its role as a hydrogen carrier, ammonia can also be used as a fuel, especially for shipping. Green Ammonia can be a cornerstone of a net zero future. times higher than liquid hydrogen.

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Envirotec Magazine

AUGUST 14, 2023

Minister of State for Energy Security and Net Zero, Graham Stuart, said: “The UK has cut its emissions more than any other major economy in the world. More and more businesses are recognising the business benefits of reaching Net Zero and we’re determined to empower them to do so. billion.

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