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Green steel may be a climate game-changer. Which carmakers are making the shift?

Corporate Knights

BMW announced its procurement of “carbon-reduced” steel supplied by H2 Green Steel, based in Sweden, and has partnered with Salzgitter AG to receive “low-carbon steel” in 2026. The authors further argue that the auto sector is in a unique position to push the steel industry to decarbonize. We’d like to see more ambition,” Negri adds.

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Workiva: What Businesses Need to Know About CSRD Omnibus Proposals

3BL Media

With over 100 billion mobilized for Made in EU clean manufacturing, the initiative reinforces Europes commitment to decarbonization. Whats not changing in the CSRD Omnibus package?

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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

Alternatively, companies will be able to contribute to a decarbonization program for up to 10% of their emissions, or use GHG offset credits to 20%, with the combined options accounting for no more than 20% of their emissions. The sector is also a major employer in Canada, supporting approximately 400,000 jobs.

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Data Center Developer Equinix Issues $1.2 Billion of Green Bonds

ESG Today

billion) in green bonds, with proceeds aimed at financing green projects at the company including renewable energy and decarbonization solutions. According to the International Energy Agency (IEA), data centers consumed 460TWh in 2022, with this figure projected to possibly double by 2026. billion (USD$1.21

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New York Bans Fossil Fuels in New Buildings Starting 2026

ESG Today

New York will become the first state to ban the use of gas stoves and heating, according to new rules released with Governor Kathy Hochul’s 2024 Budget, which included measures to decarbonize buildings and to invest in new renewable energy projects aimed at helping the state achieve its climate goals.

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Decarbonization Strategy at Novelis

3BL Media

The following sections describe our decarbonization strategy and our implementation progress over the last fiscal year on our journey to achieve our 2026 targets. Lever 1: Decarbonizing the Melting Process and Energy Sources Lever 1 covers our Scope 1 and Scope 2 GHG emissions. Read full report here

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Schneider Electric and Microplásticos Work Together To Decarbonize Supply Chain

3BL Media

Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supply chain. RUEIL-MALMAISON, France, November 21, 2022 /3BL Media/ - Schneider Electric and long-time supplier Microplásticos today announced joint efforts to accelerate decarbonization efforts.