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Sustainable investing is changing global supplychains: 4 key takeaways. Wed, 01/20/2021 - 01:00. Corporate procurement requirements are decarbonizingsupplychains. José Miguel Salazar. Sustainable investing strategies have ascended quickly in the last 10 years. Photo courtesy of José Miguel Salazar.
London-based assurance services provider LRQA announced the acquisition of supplychain carbon management solutions provider RESET Carbon, in a moves described by LRQA as aimed at strengthening its environmental solutions to help clients meet growing regulatory requirements.
Electrification could squeeze CO2 out of industrial supplychains. Wed, 06/09/2021 - 00:10. With this in mind, the remaining years of this decade will be defined by tackling value chain emissions. But there are a lot of industrial operations where commercially available solutions for decarbonizing do not yet exist.
billion square feet of managed property, CBRE has an outsized opportunity to help reduce greenhouse gas emissions through our own operations, services for our investor and occupier clients, and our entire value chain. . In 2021, we ordered 300 EV vans and 10 EV trucks, representing replacement of over 10% of CBRE vans in the U.S. .
More than 4,500 suppliers globally are engaged in Project Gigaton™ and as of 2021, those suppliers report having reduced or avoided a cumulative 574 million metric tons of carbon emissions since 2017 by adopting various sustainability strategies. . In 2021, the group's revenue was DKK 77.7 billion (EUR 10.4 About Schneider Electric .
DESCRIPTION: Originally published in Ericsson's 2021 Sustainability and Corporate responsibility Report. Ericsson is actively working to reduce emissions in its supplychain. In 2021 Ericsson supplychain emissions totalled 2.6 Tweet me: @Ericsson is actively working to reduce emissions in its supplychain.
Catalyze encourages suppliers from throughout the semiconductor industry ecosystem to collaborate to transition their value chain to renewable sources of energy. The energy transition within the value chain is imperative. Collaboration is critical in reducing global emissions, no one company nor one industry alone can do it all.
DESCRIPTION: Supplychaindecarbonization is critical to achieving Yum China’s stated net zero ambitions, including reaching net zero value chain emissions by 2050. This is particularly important for Yum China as over two-thirds of its value chain GHG emissions come from purchased goods. SOURCE: Yum China.
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. More specifically, Amazon's air shipping business, which along with its entire global logistics supplychain juggernaut is booming. . SupplyChain.
Fri, 01/29/2021 - 01:00. Despite the recycling success, however, the steel industry is increasingly facing pressure to decarbonize. Even if they are not, who are the main players in this new circular supplychain? How will steelmakers adapt their supplychains, manage storage and validate the steel quality?
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
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
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.
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.” . The third-largest area of Etsy’s footprint is purchased goods and services in its corporate supplychain, according to Mozen. Deonna Anderson.
DESCRIPTION: Decarbonising renewable energy supplychains is a challenge no company can solve by itself. We caught up with Van Oord, one of our strategic suppliers, to get their perspectives on supplychain decarbonisation. In 2021, the group's revenue was DKK 77.7 Read more at: [link]. C initiative.
DESCRIPTION: Nicole Murphy, Head of Pharmaceutical Operations & Technology, explains that most of a company’s environmental impact comes from its supplychain. Learn more in Biogen's 2021 Year in Review. Follow us on social media - Twitter , LinkedIn , Facebook , YouTube. KEYWORDS: NASDAQ:BIIB, Biogen.
“If temperatures rise and extreme weather events increase, then there may be less supply of items like beef, chicken and cheese worldwide. Improving supplychain resilience helps mitigate these risks, benefiting our consumers, suppliers and franchisees.” In 2021, Yum! It’s all connected. continues its climate journey.
The report estimates that agriculture’s supplychain is responsible for at least 15% of the world’s fossil fuel use and for driving the equivalent annual carbon emissions of the European Union and Russia combined. This is thanks to the ways we produce, transport and store food.
Thu, 03/25/2021 - 00:30. The Anglo-Dutch firm first announced plans to give its shareholders a direct say over its climate action strategy back in December , in a bid to boost corporate transparency and governance surrounding its drive to reach net-zero emissions for its core business by 2030 and across its entire supplychain by 2039.
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.
Mon, 04/26/2021 - 00:30. While electrification and renewable energy are key to decarbonizing the economy, the growing demand for solar PV may be creating a new problem. A circular approach to electrification and renewable energy. Lauren Phipps. In the U.S.
Amazon's plans to decarbonize its shipping supplychain 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. Amazon to buy bio jet fuel to lower air cargo emissions. Katie Fehrenbacher.
The release of the new policy follows the launch in 2021 by DHL of its Sustainability Roadmap , which included plans to invest €7 billion over ten years in measures to reduce its CO2 emissions, with a focus on the expansion of the zero-emission e-vehicle fleet, alternative aviation fuels, and climate-neutral buildings.
Analysis Shows a New Phase of SupplyChainDecarbonization Efforts Accelerating Among Rated Companies of All Sizes Across the Globe. The Carbon Action Module is a comprehensive solution that empowers organizations to drive climate action at scale by engaging their value chain trading partners in a decarbonization journey.
Fashion and design brands company H&M Group announced today a series of funding initiatives aimed at decarbonizing its value chain, including support for suppliers to shift to clean energy and improve energy efficiency. According to H&M’s 2021 Sustainability Report, Scope 3 makes up nearly 99% of the company’s emissions.
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. . SupplyChain. Carbon Capture.
Prioritizing sustainability within supplychains is becoming increasingly critical, and this latest announcement is another step for Lenovo as part of its goal to remove one million tons of greenhouse gas emissions from its supplychain by Fiscal Year 2025/26. About Maersk. Website: www.maersk.com.
Supplychain sustainability is a higher priority than ever. In MIT’s State of SupplyChain Sustainability 2021, 80% of executives surveyed said the pandemic either had no impact on their commitment or increased it. Read the full story at Logistics Viewpoints. … Read more →
UK-based multinational grocery retailer Tesco announced a series of new climate-focused commitments, including interim goals to reduce Scope 3 emissions originating in its supplychain at the forest and agricultural level, and a target to reduce absolute Scope 1 and 2 emissions from its own operations by 85% by 2030.
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.
The company will leverage Series A financing to improve end-to-end visibility for businesses with complex global supplychains. the leading provider of end-to-end supplychain due diligence software, today announced it has raised a $10 million Series A funding round, led by Energize Ventures with participation from E14 Fund.
In 2021, 80% of Scope 1 emissions came from SCE’s combined cycle natural gas plant, Mountainview, which is covered under California’s cap-and-trade market. An update to SCE’s accounting of “retail sales” for its 2021 power mix may have also caused downward pressure on the line loss emissions estimate when compared to prior years.
The supplychain powering transportation is overly reliant on costly fixed infrastructure,” said Frank Mycroft, CEO and Founder at Booster. Customers save time and money while advancing their decarbonization goals.
Yum China’s 2021 Sustainability Report highlights the Company’s commitment to sustainability and provides an overview of progress made in 2021 towards its sustainability goals. In 2021, the program developed a Charity E-Shop to engage millions of Yum China’s customers and popularize the concept of "Everyone does good.".
Norwegian energy major Equinor and Germany’s biggest power producer, RWE, announced today a strategic energy partnership focused on the development of a low carbon hydrogen value chain, including the development of new hydrogen production facilities, and transport of hydrogen to Germany to replace coal-fired power.
DESCRIPTION: 2021 was another year of progress, made possible through collaboration and innovation. We remain on track to meet our 2025 goal, and from 2014 through 2021, reduced our CO2e emissions by 27 million metric tons or by 44%, the equivalent of avoiding 68 billion miles driven by an average passenger vehicle. SOURCE: NRG Energy.
MIAMI, July 13, 2022 /3BL Media/ - Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK), the world’s largest cruise company, released its 12 th annual sustainability report, detailing the key initiatives and progress made in 2021 toward its 2030 sustainability goals and 2050 aspirations.
Wed, 06/30/2021 - 02:00. What caught my eye about the Hewlett Foundation’s recently announced zero-emissions strategy is the specific focus on road transportation decarbonization. . Therefore, primary funding from HF in the power sector goes to help these international governments meet their own goals of decarbonizing the power sector.
We then worked closely with the responsible functional groups – Plant Operations, Environmental, Real Estate, and SupplyChain – to address the Internal Audit findings. 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.
Wed, 01/13/2021 - 01:30. 2021 was no different in that respect. . Decarbonizing systems: Sustainability doesn't necessarily go hand-in-hand with a huge convention hawking the latest ephemeral gadgets. And a digital 2021 CES was no different. GM's electric delivery foray, plus other mobility trends headlining CES.
Active engagement with climatetech ecosystem, academic, industry, and non-government organizations to identify decarbonization pathways. Commitment to supplychain engagement. To learn more about NRG Energy's commitments to sustainability, download the 2021 Sustainability report here. SDG SUB-TARGET ALIGNMENT.
Founded in 2021, Scope3 has focused on decarbonizing media and advertising, providing solutions for participants in the advertising ecosystem to visualize, measure, and reduce their carbon emissions. Scope3 has the talent, technology, and expertise needed to decarbonize the media and advertising industry.
The businesses call on Congress to build upon the 2021 Infrastructure Investments and Jobs Act with a package that will improve the nation’s energy security and economic competitiveness, while reducing energy costs for consumers. Reducing supplychain delays by growing domestic capacity. Ensuring that the U.S.
For example, in 2021 Nestlé announced its ambition to foster regenerative food systems , in alignment with its commitment to addressing the two-thirds of its greenhouse gas emissions generated from agriculture. In 2021, more than 2 million farmers associated with Better Cotton produced 20% of the global cotton supply.
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