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Biotech and Pharma Reach Tipping Point: My Green Lab’s 2024 Report Urges Focus on Scope 3 Emissions for a Zero-Carbon Future

3BL Media

Despite significant progress, the report finds that long-term progress to reach a zero-carbon future hinges on targets expanding to include Scope 3, the indirect emissions from upstream and downstream of a company’s value chain. times higher for public companies and 6.5 times greater for private companies.

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Schneider Electric and Microplásticos Work Together To Decarbonize Supply Chain

3BL Media

DESCRIPTION: Microplásticos announces goal of being Net-Zero in Scope 1 and 2 by 2030. Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supply chain. To learn more about Schneider Electrics Zero Carbon Project, click here. SOURCE: Schneider Electric.

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ESG Today: Week in Review

ESG Today

This week in ESG news: EU adopts new law against greenwashing; Walmart reaches 1 billion ton supply chain emissions reduction milestone; S&P forecasts $1 trillion sustainable bond market in 2024; Airbus, TotalEnergies launch sustainable aviation fuel partnership; Verizon invests $1 billion in renewable energy; EU lawmakers agree to certification (..)

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Renewable Thermal Collaborative Releases Case Study on the U.S. Renewable Natural Gas (RNG) Agreement between AstraZeneca and Vanguard Renewables

3BL Media

Boston – The Renewable Thermal Collaborative recently released a case study on the first-of-its-kind partnership between AstraZeneca and Vanguard Renewables to enable the delivery of renewable natural gas (RNG) to all of AstraZeneca's sites in the United States by 2026. homes a year by 2026.

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Alaska Airlines Announces 185 Million Gallon Sustainable Aviation Fuel Deal with Gevo

ESG Today

Under the new agreement, Gevo will deliver 37 million gallons of SAF per year for five years, starting in 2026. SAF is seen by market participants as one of the key tools for the industry to address its emissions impact, as it generates 80% less lifecycle carbon emissions than conventional jet fuel.

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United Airlines Signs Agreement for up to 400 Electric “Air Taxi” Aircraft from Embraer-Backed Eve

ESG Today

First delivery of the new electric aircraft are expected as early as 2026. eVTOL aircraft use electric motors, rather than traditional combustion engines to provide carbon-free flights, and can be used to provide “air taxi” service in urban markets.

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The Surprising Carbon Impact of Science: Study by My Green Lab Finds 91% of Biotech & Pharma Companies Not Aligned With Paris Climate Agreement

3BL Media

The study found that 46% of major actors in the sector, measured by revenue, have committed to the UN Race to Zero campaign, an increase from 31% at this time last year. It was selected as a Race to Zero Breakthrough Outcome to help pharmaceutical and medical tech companies achieve the goal of a zero-carbon world by 2050.