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Achieving Decarbonization with Power Purchase Agreements. Date/Time: July 13, 2021 (1-2PM ET / 10-11AM PT). As the need for climate action grows, decarbonization is becoming a major goal for more organizations. Mon, 06/14/2021 - 14:13. Tue, 07/13/2021 - 10:00. - Tue, 07/13/2021 - 11:00. Sarah Golden.
The round was led by BlackRock and Temaseks decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023. Energy transition data and analytics company Orennia announced the closing of its Series C growth financing round.
In 2021, CBRE announced our commitment to achieve net-zero carbon emissions by 2040—10 years ahead of the goal set by the Paris Agreement. In 2021, we ordered 300 EV vans and 10 EV trucks, representing replacement of over 10% of CBRE vans in the U.S. . By the end of 2021, we opened 100 Workplace360 o?ces Workplace Strategy.
SCALING UP: 2021 HIGHLIGHTS. These resources can also include third-party technical experts such as ERM, the largest global pure-play sustainability consultancy, in which KKR invested in May 2021 through our Core Private Equity strategy. Read the full 2021 Sustainability Report. 1 As of December 31, 2021.
The Steel Climate-Aligned Finance Working Group, comprising ING, Societe Generale, Citi, Standard Chartered and UniCredit, has been convening since May 2021.
will showcase its commitment to decarbonization at the transportation industry’s largest tradeshow in Hannover, Germany, next month, displaying both the low- and no-carbon technologies the company is bringing to market as well as its efforts to reduce carbon in more traditional product lines. SOURCE: Cummins Inc. DESCRIPTION: Cummins Inc.
Q1 2021: Food waste; the secret of fat; keep it local. Fri, 03/05/2021 - 01:00. And as these operations plug into an electricity grid that’s steadily decarbonizing, they may be able to deliver on the full sustainability potential of indoor ag. Want more great analysis of sustainable food systems?
The environmental footprint of crypto The United Nations University Institute for Water, Environment and Health estimated that in 2020-2021, Bitcoin networks had significant carbon, water and land footprints. The post The crypto industry was supposed to decarbonize by 2025 - how’s that going? Read the original article here.
Q1 2021: Amazon goes big, Ørsted is a fan of corporate procurement . Thu, 04/15/2021 - 01:45. Corporate renewable deals got off to a sleepy but respectable start in 2021, with the largest contracts from U.S. Here are three of my takeaways from the first three months of 2021. . Sarah Golden.
The report found that most companies are making progress on decarbonization, revealing a 6% annual decrease in average emissions intensity, or emissions per unit of revenue, since the 2016 Paris Agreement. over the prior year, after growing from 27% in 2021. over the prior year, after growing from 27% in 2021.
As a global manufacturer of essential products, Kimberly-Clark’s tissue business is classified as an energy-intensive industry in many markets, which reflects the challenge of decarbonizing. Once complete, the windfarm will make almost 80% of Kimberly-Clark’s electrical power consumption in the UK renewable. “We
McKinsey’s fourth annual report shares progress on environmental, social, and governance (ESG) priorities and efforts to catalyze decarbonization, build inclusive communities and workforces, and set the standard for our profession. SOURCE: McKinsey & Company. C-degree pathway. C-degree pathway.
Wed, 01/27/2021 - 00:30. Decarbonizing steel has a chicken or the egg problem. And right now, there isn’t enough demand for decarbonized steel for manufacturers to justify investing several millions of dollars into lower-carbon steel facilities. SteelZero commitments represent a new era in heavy manufacturing production.
At the same time, they’ve started asking themselves how they can profitably invest in climate solutions and decarbonization so that their investments are making the future better, not worse, for their members. Their goal is laudable and essential: climate safety depends on real-world decarbonization.
The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. degrees [of warming] we need to decarbonize by the mid-2030s. Cecilia Keating. To achieve 1.5
The critical question: Where are water utilities in their sustainability and decarbonization journeys? Advancing sustainability and decarbonization initiatives often is a matter of money — or the relative lack thereof. For instance, they may be putting solar power to use, just not under the auspices of a formal decarbonization plan.
Written by Justin Carron, Director of Buildings and Campuses, Eaton Theres never been a better time to decarbonize healthcare. Were seeing a growing commitment within the healthcare industry to accelerate decarbonization efforts to tackle climate change. More than 130 of the largest U.S. of all U.S.
Fri, 01/29/2021 - 01:00. Despite the recycling success, however, the steel industry is increasingly facing pressure to decarbonize. Decarbonization. Proposed model shows potential for circular practices in construction steel. Niraja Chopade. One way to do this is to shift to a reuse model. Contributors. Rachel Gould.
Tue, 04/20/2021 - 02:11. All of these represent the surest pathways toward decarbonizing the global economy, and all are ramping up to meet the commitments by governments to align with the goals of the Paris climate agreement. The paths from here to electrification and decarbonization are costly and complex. Joel Makower.
Wed, 01/27/2021 - 02:00. But in reality, with revenues and ticket sales way down, there's only so much commercial airlines actually will do to meet decarbonization goals. Amazon aims to clean up aviation. Katie Fehrenbacher. The aviation sector in a pandemic has 99 problems. And climate change remains a big one. . Enter air cargo.
This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Most of these reductions were made from 2015 to 2021 when Enel shut down some 40 of its 50 coal power plants fast and furiously (from 31% of generation capacity to 6%).
It was also the first country in the Middle East to set a net zero goal, which it announced in 2021, ahead of the COP26 climate conference. The UAE is one of the world’s largest oil producers, with average production of approximately 3.2 million barrels of petroleum and liquids per day.
They could have an amazing impact on accelerating decarbonization, but theyve decided not to do it. According to a report by the London-based NGO Global Witness, 503 fossil fuel lobbyists attended the COP26 meeting in Glasgow in 2021. They could have an amazing impact on accelerating decarbonization, but theyve decided not to do it.
Tue, 03/16/2021 - 05:00. Securities and Exchange Commission, also noted a 2021 goal to “offset 100 percent of measured Scope 1, 2 and 3 greenhouse gas emissions annually.” . We're gonna double down on advocating for the decarbonization of the logistics sector. Deonna Anderson. But often, they are the most emissions to take on.
Wed, 05/05/2021 - 02:00. As Silicon Valley's workers return to offices, I am eager to see companies double down on their plans to electrify and decarbonize all those commuter buses. during the first half of 2021. Silicon Valley commuters should return to work in electric buses. Katie Fehrenbacher. That number should only grow.
This milestone reaffirms 3M’s ongoing commitment to climate action, decarbonization of its operations and portfolio of products and continual innovation on behalf of customers around the world. “3M C trajectory of the Paris Agreement. percent by 2030, from a 2019 baseline.
Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. By 2021, the retailer plans to have 70 planes in its in-house air fleet that move its one and two-day deliveries. To decarbonize the fuel for 70 planes, Amazon will need a lot more than 6 million gallons of bio jet fuel. .
The European Council announced today the adoption of a new regulatory package establishing common market rules for renewable gas, natural gas and hydrogen, aimed at advancing Europe’s shift to renewable and low carbon gases and shifting away from fossil fuels, as well as supporting the EU’s decarbonization goals.
Cleantech startup Molten Industries announced that it has raised $25 million at the close of a Series A financing round, with proceeds aimed at scaling capacity as a producer of graphite for lithium-ion batteries and clean hydrogen to decarbonize the chemical and steel industries.
UK- and South Africa-based global active asset manager Ninety One announced that its decarbonization-focused Global Environmental strategy has been awarded a $150 million mandate by California State Teachers’ Retirement System (CalSTRS), one of the largest public pension funds in the U.S.
The Series B funding round was led by energy and commodities company Mercuria Energy Group, and also included existing investor Breakthrough Energy Ventures, who led ClearFlame’s $17 million Series A financing in 2021. We welcome all partners who see our innovation as a means to make tomorrow’s ESG goals today’s realities.”
Date/Time: December 2, 2021 (1-2PM ET / 10-11AM PT) Cities and organizations are adopting ambitious sustainability goals to demonstrate their commitment to a cleaner energy future but may not necessarily know where to start when it comes to developing their energy roadmap and identifying the best steps to build momentum in their sustainability journey. (..)
Date/Time: January 24, 2021 (1-2PM ET / 10-11AM PT) The sustainable business world enters 2022 flying high, as the world focuses with increasing urgency on many of its core issues: sustainable finance, the circular economy, clean energy, climate tech and more.
Participants are encouraged to make commitments to decarbonization and take collective action through the procurement of renewable energy, leveraging the purchasing power of buyer cohorts. We’re proud to sponsor the Catalyze program to help drive industry progress toward decarbonization of the semiconductor and IT supply chain."
Third, we recognize that recent acquisitions – including Direct Energy in 2021 and Vivint Smart Home in 2023 – have broadened NRG’s business activities beyond electricity generation. In 2022, however, our GHG emissions increased relative to 2021, driven by increased generation, which in turn was driven by power market conditions and weather.
Thu, 04/15/2021 - 01:30. Now, as the utility charts its way toward decarbonization, this facility gives it a key KPI target to aim for. Will sustainability-linked loans drive a revolution in finance? Aman Singh. In February, Anheuser-Busch InBev (AB InBev) announced a $10.1 billion sustainability-linked revolving credit facility.
Secretary of Energy Jennifer Granholm in late June, reported by Bloomberg , both agreed that the shortage in refining capacity will persist and probably get even worse , as the country saw at least five refineries close in 2021 alone. In the meantime, chalk one up for decarbonization. . soil, said Wirth.
Digital twin data platform Akila and global professional services firm Deloitte announced today a new strategic alliance to decarbonization-focused software solutions for U.S. clients, aimed at enabling reduced emissions, optimized energy consumption and enhanced efficiencies in the operations of buildings.
Climate solutions-focused investment business Just Climate announced today its inaugural three investments, backing companies with solutions to help decarbonize the steel sector, accelerate electric mobility, and provide renewable energy for manufacturers.
Wed, 03/03/2021 - 07:26. Decarbonizing FedEx's airline fleet will be even more difficult than moving its trucks to batteries. Companies in particularly difficult industries to decarbonize — such as airlines — have shown increased interest in investing in carbon capture technologies. . FedEx pledges to be carbon neutral by 2040.
Construction decarbonization software startup Tangible announced that it has raised $3 million in a funding round, with proceeds from the funding round aimed at reducing embodied carbon in the construction and real estate industries. Buildings are also among the hardest sources of emissions to replace, given their long-term nature.
S&P Global launched Sustainable1 in 2021 , creating an integrated group for the companys full suite of sustainability offerings, including its benchmarking, analytics, evaluations, and indices products and solutions.
Thu, 03/25/2021 - 00:30. In order to deliver its targets, Unilever said its priority was to decarbonize its use of heating and cooling, including removing HFCs — harmful greenhouse gas pollutants — from its refrigerants, having already achieve 100 percent renewable electricity across its business worldwide. Michael Holder.
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