ESG Today

NOVEMBER 29, 2023

billion project to build the world’s first net zero Scope 1 and 2 emissions ethylene plant in Alberta, Canada. The project will see Dow build a new ethylene cracker and increasing polyethylene capacity by 2 million metric tons annually (MTA), as well as retrofitting an existing cracker to net zero Scope 1 and 2 emissions.

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ESG Today

JULY 24, 2023

Sustainable procurement practices have become one of the key enablers in achieving net-zero targets.” SAP CFO and Executive Board member Dominik Asam said: “Reducing scope 3 emissions is a key factor on the journey to net zero.

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ESG Today

JANUARY 18, 2023

Enterprise software provider Red Hat announced today new a new goal to achieve net zero greenhouse gas emissions by 2030. Red Hat was acquired by IBM in 2019, and the company said that its new goal aligns with IBM’s commitment to achieve net zero greenhouse gas emissions by 2030.

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3BL Media

SEPTEMBER 29, 2022

DESCRIPTION: ATLANTA, September 28, 2022 /3BL Media/ - Southern Company announced that it delivered the first-ever net zero energy TOUR Championship. The net zero goal includes direct GHG emissions across the company's electric and natural gas businesses. SOURCE: Southern Company.

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ESG Today

DECEMBER 13, 2022

Global spirits and beer company Diageo announced today a new partnership with glass manufacturer Encirc to build a hydrogen-powered furnace for the first-ever at scale net zero glass bottle production. The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach net zero by 2050.

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Envirotec Magazine

MAY 22, 2024

Figure 1: Energy-related emissions and net-zero carbon budget, BNEF’s Economic Transition Scenario and Net Zero Scenario (Source: BloombergNEF. Figure 2: CO2 emissions reductions from fuel combustion by measures implemented, Net Zero Scenario versus no-transition scenario. Source: BloombergNEF.

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ESG Today

DECEMBER 19, 2023

In a statement announcing its plans to roll out the CBAM, the UK Treasury said: “Decarbonising UK industry forms an important part of delivering the energy transformation needed to achieve net zero. But these efforts will not succeed if decarbonisation in the UK simply leads to higher emissions abroad.”

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3BL Media

JUNE 17, 2024

Currently, only one segment of road transport – three-wheeled vehicles – is fully on track to reach net zero by mid-century. However, the report indicates that the window to reach global net-zero transport ambitions is now narrower than ever.

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We Mean Business Coalition

MAY 31, 2023

The latest net zero signals of change include a record order for Volvo electric trucks. Net Zero Economy In a historic first, the IEA this week announced that investment in solar projects has overtaken oil production for the first time. Investment in renewable energy is up by nearly a quarter since 2021.

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ESG Today

OCTOBER 31, 2024

The agreement follows the release earlier this year by Maersk of goals to reduce emissions across its operations and supply chain, and the achievement by the company of validation of its goal to achieve net zero by 2040 by the Science Based Targets Network. Currently, the company has seven vessels that utilize the fuel.

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We Mean Business Coalition

APRIL 21, 2023

Signals of change in the net zero transition this week include EU reforms of its carbon market and deforestation laws, and a $1 billion wind project in Laos. The post Net zero transition – the latest signals of change: April 21, 2023 appeared first on We Mean Business Coalition.

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ESG Today

NOVEMBER 6, 2024

Speaking at the ADIPEC energy industry conference in Abu Dhabi, Al Mazrouei said that the investments will aim to “decarbonise our economy and achieve net-zero emissions by 2050,” according to state-owned media outlet Emirates News Agency. The UAE is one of the world’s largest oil producers, with average production of approximately 3.2

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3BL Media

JULY 25, 2023

Organizations are developing net-zero emissions strategies to take tangible climate action. Sustainable procurement practices have become one of the key enablers in achieving net-zero targets. Reducing scope 3 emissions is a key factor on the journey to net zero.

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Supply Chains Supply Chain Net Zero Development 130

Envirotec Magazine

NOVEMBER 8, 2023

Leading meteorologists forecast earlier this year that by as soon as 2027, this key temperature representing an upper limit on warming to mitigate the worst excesses of climate change, would be hit for the first time. Carbon credits are a pivotal tool in facilitating transition to net zero.

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Net Zero Climate Change Green Investing Development 59

Environment + Energy Leader

SEPTEMBER 13, 2022

Amgen's “Road to Net Zero” not only includes carbon neutrality by 2027 but also involves reducing water use by 40% and waste disposal by 75%. The post Amgen’s Sustainability Track Record Includes Reducing Carbon, Water, and Waste appeared first on Environment + Energy Leader.

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Chris Hall

NOVEMBER 1, 2024

Rachel Reeves is not the first Chancellor of the Exchequer to commit to pursuing policies to deliver net zero. billion) in capital investment over the next five years, enabled by a change to the government’s fiscal rules, some of which will be channeled into the net zero transition via GB Energy and the National Wealth Fund.

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ESG Today

NOVEMBER 3, 2022

Last year, SBTi launched its Net Zero Standard , setting stringent criteria which it uses to assess and certify corporate commitments to achieve net zero emissions. SBTi also tightened its criteria for approved climate targets , announcing that it will only accept targets aligned with its 1.5°C

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Net Zero Climate Change 122

3BL Media

NOVEMBER 27, 2023

It will also require the disclosure of Scope 3 emissions starting in 2027 for the prior fiscal year, in accordance with guidance provided by the GHG Protocol. Scope 3 assurance requirements will be determined by the California Air Resources Board (CARB) in 2027. Read here for a simple breakdown of what Scope 3 GHG emissions are.)

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Carbon Offsets Net Zero Climate Change Decarbonize 147

3BL Media

SEPTEMBER 4, 2024

CSRD – Timelines and Structure Based on the status of deployment of the Green deal in January 2024, multinationals will begin reporting in 2025 based on FY2024; large enterprises in 2026 based on FY2025; and publicly listed SMEs in 2027 based on FY2026 (with an opt out option to 2028).

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ESG Today

JUNE 26, 2023

The new dual-fuel ships, to be built by Yangzijiang Shipbuilding Group, will have capacity of 9,000 containers, and are expected to be delivered in 2026 and 2027. Boulos added: “With this order, we take another step in the green transformation of our fleet and towards our target of becoming net-zero in 2040.

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Shipping Net Zero Logistics 91

ESG Today

JULY 3, 2024

ZeroAvia expects to offer engines to support a 300-mile range in 9–19 seat aircraft by the end of 2025, and up to 700-mile range in 40–80 seat aircraft by 2027. American has a goal to achieve net-zero greenhouse gas emissions by 2050.

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Sustainability Matters

NOVEMBER 7, 2024

As we push towards our net zero ambitions, we need to ensure we have enough energy storage so that we can use renewable energy when we need it at any time of the day, whether that be for industry, homes or the growing switch to electric vehicles,” he said. “We The entire ARENA project is due for completion in late 2027.

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ESG Today

NOVEMBER 29, 2022

The company said that the partnerships mark a “new step” in its global Climate Plan, making it possible to achieve net zero carbon for the plants of the ElectriCity cluster – consisting of Renault’s Douai, Maubeuge, and Ruitz manufacturing plants in northern France – in 2025, Europe in 2030 and worldwide in 2050.

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ESG Today

DECEMBER 8, 2022

The announcement follows Thermo Fisher’s pledge last year to reach net zero carbon emissions by 2050 across its value chain, and the addition of Scope 3 emissions to its climate commitments. The company recently announced a deal with Enel for the delivery of renewable energy equal to half of its U.S. electricity consumption.

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Net Zero Zero Carbon 79

ESG Today

NOVEMBER 21, 2023

million) in a Series A funding round, aimed at supporting the acceleration of net zero in the construction industry. The solution enables users across the construction value chain, to develop net-zero building strategies and meet environmental regulations and carbon budgets requirements.

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ESG Today

NOVEMBER 5, 2024

Canada has set national climate goals including commitments to cut GHG emissions by 40% – 45% by 2030 , and to reach net zero emissions by 2050. The sector is also a major employer in Canada, supporting approximately 400,000 jobs.

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3BL Media

MAY 11, 2022

s Destination Zero strategy to reduce greenhouse gases (GHGs) and improve air quality for key on-highway markets is on full display this week at the Advanced Clean Transportation (ACT) Expo in Long Beach, California. The X15H, expected to go into full production in 2027, pairs with clean, zero-carbon hydrogen fuel.

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ESG Today

MAY 9, 2023

Sustainable infrastructure investor Actis announced today the launch of a new $500 million Japan-focused renewables platform, Nozomi Energy, with targets to achieve 1.1GW of onshore wind and solar power generation by 2027. We have onboarded a highly talented team and made an exciting first investment with more to come.”

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Net Zero Development 88

ESG Today

SEPTEMBER 23, 2022

Under the new agreement, JetBlue has announced its intent to purchase 25 million gallons of SAF from AIR COMPANY over 5 years, with a targeted start date of 2027. JetBlue announced last year a goal for 10% of its total jet fuel to be from blended SAF by 2030, as well as a target to achieve net zero carbon emissions by 2040.

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Net Zero Zero Carbon Decarbonize Waste 93

Chris Hall

AUGUST 23, 2023

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. For the first time, the IMO has also agreed on an overarching objective to achieve net zero greenhouse gas (GHG) emissions by or around 2050.

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ESG Today

OCTOBER 16, 2023

The new StarPlus Energy plant is expected to begin production in early 2027 with an annual capacity of 34 gigawatt hours (GWh). Stellantis says it is on track to become a carbon net zero corporation by 2038, all scopes included, with single-digit percentage compensation of remaining emissions.

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Net Zero Digitalization Manufacturing 96

Chris Hall

SEPTEMBER 7, 2023

Other indicators are still under consideration by ASCOR, including the question of whether a country’s net zero target is enshrined in national climate law. The TSP outlines how the 86 alliance members, with a collective US$11 trillion in assets, can align their sub-portfolio decarbonisation targets with net zero.

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Corporate Knights

JUNE 17, 2024

and China are the more appealing destinations for net-zero industries.” If the far-right National Rally (RN) wins the domestic elections scheduled for June 30 and July 7, it would claim the post of prime minister, while Macron would continue as president until 2027.

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Chris Hall

NOVEMBER 15, 2024

Matthew Germain, Co-lead of Net Zero Policy and Regulation at Osborne Clarke, highlights incoming measures under the EU Carbon Border Adjustment Mechanism. Although these obligations relate to the EU mechanism, UK businesses should take heed that the Labour government is committed to a UK CBAM that is expected by 2027.

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Supply Chains Supply Chain Net Zero 59

Chris Hall

SEPTEMBER 4, 2024

BloombergNEF recently predicted global EV sales will exceed 30 million in 2027, rising to 74 million annually by 2040. Attributing many sales to advantageous government-backed salary sacrifice schemes, campaign group Transport and Environment has argued for their extension beyond scheduled expiry in 2027-28.

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Net Zero Manufacturing Banking Supply Chains 75

ESG Today

JULY 4, 2023

The new reforms follow a consultation last year by the UK ETS Authority on a tighter range of allowances determined to keep the system consistent with net zero, which was 30% – 35% below the current legislated cap. The post UK Tightens Emissions Caps for Aviation, Power Sectors Beginning 2024 first appeared on ESG Today.

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Sustainability Matters

JULY 24, 2023

The report highlights concerns that the rapid pace of the global energy transition will contribute to escalating cost pressures, attributed to the immense scale of manufacturing, raw materials and labour required to develop and deploy clean energy technologies consistent with net zero goals.

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