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billion in 2023 and serve customers in more than 160 countries. Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 For more information, visit Eaton.com. Follow us on LinkedIn.
Sustainable aviation fuel is emerging as the most viable path forward for a decarbonized aviation industry, if the 2023 Farm Bill provides adequate funding.
Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I
in 2023, according to a new report released by the European Commission, marking one of the largest declines in decades, with the exception of a 9.8% In addition, electricity generated from fossil fuels decreased by nearly 20% in 2023 compared to the prior year. Net greenhouse gas (GHG) emissions across the EU fell by 8.3%
million) in Series A funding aimed at advancing its technology to decarbonize industrial heat. RIFT believes that its system will decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards. Netherlands-based cleantech startup RIFT announced that it had raised €11 million (USD $11.9
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.
Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat is developing a system that will use renewable sources for the high-temperature heating required by heavy industry. German climate startup HyperHeat announced that it has raised €3.5 million (USD$3.7
Greenhouse Gas Emissions SAIC’s commitment to environmental sustainability begins with decarbonization of our operations. In addition to reporting Business Travel and Leased Assets last year, in calendar year 2023 we are including Employee Commuting and Fuel and Energy Related Activity Emissions.
Date/Time: September 28, 2023 (1-2PM ET / 10-11AM PT) With over 80 percent of emissions coming from outside a company’s direct operations (i.e. in the value chain) in most industries, the path to net zero is simply not achievable without decarbonizing the supply chain.
KKR launched the strategy in 2023 in its infrastructure unit, which the firm said marked an expansion on its focus on climate investing. KKR recently identified decarbonization , and the large scale brown-to-green transition of asset-heavy sectors in particular, as a key mega-theme driving investment opportunities.
New analysis from McKinsey and the World Economic Forum appears to highlight the vital role of circular retrofitting in conserving natural resources, meeting decarbonization targets, and unlocking substantial economic opportunities.
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.
Three Ontario pension funds in particular stand out for improving their climate strategies in 2023: the Healthcare of Ontario Pension Plan (HOOPP) and the Ontario Municipal Employees Retirement System (OMERS) both released climate plans. Their goal is laudable and essential: climate safety depends on real-world decarbonization.
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. The company is targeting a carbon emissions reduction of 76% in the UK across scope 1 and 2 by March 2023 (compared to a 2015 baseline).
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
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. Jesse Klein. Wed, 01/27/2021 - 00:30.
In this latest blog by Kaley Roshitsh, Editorial Director at Cascale, Cascale team members reflect on our 2023 Annual Report. sharing their highlights from the report and reflecting on a year of major milestones and strategic advancements. Read the full blog here.
Our 2023 Triple Net Zero Readiness Study shows that while many companies have committed to net zero goals, only 52% of those surveyed have actionable plans to achieve them. We are uniquely positioned to address the water, waste and energy goals of our municipal and industrial clients, creating the greatest opportunities for decarbonization.
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.
Originally published in Scaling Circularity: Novelis 2023 Sustainability Report Aluminum is a robust and durable material ideal for creating everyday items from beverage cans to cars, buildings, and aircraft. Lever 1: Decarbonizing the Melting Process and Energy Sources Lever 1 covers our Scope 1 and Scope 2 GHG emissions.
Southern Company today issued its 2023 Sustainability Summary report. Key highlights from the 2023 Sustainability Summary include: Continued shift toward zero- and lower-carbon sources of electric generating capacity such as renewables, nuclear and natural gas, with a 49% reduction in greenhouse gas emissions relative to 2007 levels.
Thanks to our variety of solutions in the cable industry, we help our customers and value chain partners to decarbonize and grow. THE CHALLENGE Rapid urbanization, the growth of renewable energy, and existing electrical grid upgrades are driving the decarbonization of the infrastructure of our built world.
Key progress in 2023 includes American's collaboration with Breakthrough Energy and Google Research on groundbreaking contrail avoidance research, which will inform how the industry might address its impact on climate change.
Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.
In 2023, PCAF launched an accredited partner program, enabling collaboration with service providers such as consultancies, data providers, and software providers, in order to support financial institutions in applying the PCAF Standard.
Originally published in American Airlines' 2023 Sustainability Report Sustainable Aviation Fuel The clearest near-term way to decarbonize aviation based on current technological developments is by transitioning to sustainable aviation fuel (SAF). In 2023, we used nearly 2.7
For example, Keysight’s comprehensive regenerative power supply portfolio and innovative battery emulators are widely used to develop new energy storage systems and charging solutions for the electromobility ecosystem, aligning with decarbonization goals. Read the full 2023 Corporate Social Responsibility Report 1.
DECARBONIZING FOR THE FUTURE The biggest impact we can make to meet our bold sustainability goals is by continuing to execute our product decarbonization strategy, called Destination Zero. Given the impact of those highly influential pacing factors and increased growth in engine volumes, the 2023 emissions increased from the baseline.
Founded in 2023 by former SpaceX and Varda Space Industries engineers Halen Mattison and Luke Neise, General Galactic is developing a modular hardware platform that captures CO2 and converts it into 100% renewable, synthetic hydrocarbon fuel, that is directly compatible with existing energy infrastructure.
CSAA Insurance Group, a AAA insurer, today released its 2023 Impact Report , assessing its collective progress toward its goals for planet, people and practice and highlighting its accomplishments in these areas. “We CSAA scored a B for 2023, a significant improvement from its 2022 score of a C. labor force.
Cascale, formerly the Sustainable Apparel Coalition, has released its 2023 Annual Report, showcasing the milestones, achievements, and strategic direction of Cascale over the past year, reflecting its commitment to sustainability and collective action at scale. 2023 has been a year of significant transformation for Cascale.
Originally published in the Henkel 2023 Sustainability Report We are on a journey toward an environmental transformation of our business model. This community, led by the World Economic Forum, is committed to accelerating decarbonization and expanding partnerships across global value chains.
Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME.
Download the Schneider Electric™ Sustainability Research Institute report Buildings are today responsible for 37% of emissions when considering both direct and indirect emissions (United Nations Environment Programme, 2022), and should be at the core of decarbonization policies worldwide.
As Essity is impacting the environment along the full supply chain, we aim to minimize that impact by decarbonizing our business and maintaining healthy eco-systems, while contributing to a more inclusive society. Our offering increasingly becomes a pre-requisite of doing business. That is why we are called Essity.
Trane Technologies is decarbonizing the sectors responsible for more than half of the world's emissions. The great news is that the technology exists today to significantly decarbonize the built environment. In 2023 we launched our Technician Apprenticeship Program , accredited by the U.S.
Firms are ranked based on the percentage of 2023 gross revenue reported from environmental services. Despite financial, legal, and political challenges throughout 2023, the global environmental services market remained strong, notes the ENR report. PAUL, Minn.,
Over the past decade, these mandatory Building Performance Standards (BPS) policies have gained momentum, as an increasing number of local jurisdictions act to mitigate climate change impacts and support building decarbonization. In 2023, 10 more local jurisdictions across the country joined the growing list of BPS implementation.
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."
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