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Telstra Ends Use of Carbon Credits to Increase Focus on Decarbonization Projects

ESG Today

Australia-based telecommunications and information services company Telstra announced today that it will no longer be using carbon credits to offset its operational carbon emissions, shifting focus instead to investments in decarbonization projects to reduce its direct emissions footprint.

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Commitment to Customers, Transparency, and Decarbonization

3BL Media

We actively monitor various options to reduce the carbon intensity of our operations and the electricity we provide to our customers. Ultimately, I believe that our technology-agnostic approach to decarbonization will ensure that we have access to the lowest-cost solutions when they are economic at scale.

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Pioneering Offsets and Carbon Removal Technologies To Address Aviation’s Residual Emissions at American Airlines

3BL Media

Originally published in American Airlines' 2023 Sustainability Report Voluntary Carbon Markets Aviation is regarded as one of the sectors that is hardest to abate in terms of climate impact. American also partners with Cool Effect, a leading nonprofit provider of carbon offsets, to give our customers the opportunity to purchase offsets.

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Amazon to buy bio jet fuel to lower air cargo emissions

GreenBiz

Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. Amazon to buy bio jet fuel to lower air cargo emissions. Katie Fehrenbacher.

Net Zero 498
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Expanding Environmental Commitments

3BL Media

Specifically, adding on to our existing 2025 greenhouse gas reduction goal, we set three new ambitious, long-term targets: To reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from 2020 base year. While we have set longer-term goals, we are continuing to make progress on our path to achieving our 2025 GHG reduction goal.

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NRG Energy 2021 Sustainability Report: Our Sustainability Strategy

3BL Media

Our goals —to reduce carbon dioxide equivalent emissions by 50% by 2025 from our current 2014 baseline and to achieve net zero by 2050 – were certified by the Science Based Targets initiative as consistent with limiting global warming to 1.5 degrees Celsius. Business: renewable and virtual renewable power purchase agreements .

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What Companies Should Know About California’s New Climate Accountability Package

3BL Media

Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. The California State Resources Board (CARB) has until January 1, 2025, to issue detailed regulations to implement the standards. More information about Scope 1, 2, and 3 emissions is detailed below.