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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. Steel’s great big carbon footprint Around 75% of steel worldwide is manufactured using coal-fired blast furnaces. million fossil fuel cars.

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Canada can’t hit its net-zero goals without phasing out gas-guzzling vehicles

Corporate Knights

By 2026, for instance, 20% of total vehicle sales by a manufacturer or importer should be electric. By 2030, zero-emission vehicles must make up 60% of total sales. The post Canada can’t hit its net-zero goals without phasing out gas-guzzling vehicles appeared first on Corporate Knights.

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H2SITE Raises $37 Million to Scale Up Hydrogen Transport Solution

ESG Today

The company said that it plans to use the new capital to reach multi tons per day hydrogen production capacity in operation by 2026, and to addressseveral end-use markets such as large scale and decentralized ammonia cracking, natural hydrogen production in the USA and maritime decarbonization applications.

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L’Occitane Unveils Strategy to Achieve Net Zero Value Chain Emissions

ESG Today

Beauty and wellness products manufacturer and retailer L’Occitane Group announced today the publication of its Climate Strategy, outlining its roadmap of targets and initiatives to achieve its climate goals, including the company’s ambition to achieve net zero emissions across its value chain by 2050.

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DHL's CO2 Savings to Soar With Sustainable Aviation Fuel Deal

3BL Media

Such deals, alongside other SAF introductions in the DHL network in San Francisco, East Midlands and Amsterdam, will exceed half of DHL Express’s target of reaching 10 per cent SAF blending for all air transport by 2026. SAF is a cornerstone of the aviation industry’s efforts to achieve net-zero emissions by 2050.

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Volvo, Chrysler maker swerve away from lobby group over EU electric car mandate

Corporate Knights

With one foot on the gas pedal and another on the brake, European automobile manufacturers are lurching toward zero-emission fleets by 2035. Effectively, the new standard will be electric vehicles – with the EU deferring until 2026 a decision on whether to phase out combustion/electric hybrids by 2035.

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SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates. Wyburd said that while carbon credits and removals can support the path to net zero, they must never be a substitute for internal decarbonisation.