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The financing comes as governments globally move to decarbonize road transport, with new regulations recently launched in Europe mandating a 45% emissions reduction from heavy-duty vehicles by 2030 and 90% by 2040, and by the EPA in the U.S.,
Logistics giant DHL Express announced today a new strategic partnership with UK-based international bank Standard Chartered to co-invest in Sustainable Aviation Fuel (SAF) through DHL’s GoGreen Plus service, enabling Standard Chartered to balance its upstream logistics emissions with carbon credits.
Backed by a comprehensive decarbonization strategy, we at DP World are committed to balancing economic growth with environmental stewardship, as we work to lead the way in reducing CO2 emissions and enhancing operational efficiency. Renewable Energy Innovations Our terminal at the Port of Posorja leads by example.
That may seem an audacious notion from a company whose business model for well over a century has centered around bringing fossil fuels to market — and is banking on petroleum being a key, albeit declining, fuel for decades to come. We need to look at logistics providers. Collaboration is really going to be key,” Mascolo said.
Spanish bank BBVA and US-based real estate technology-focused venture capital firm Fifth Wall announced today a new partnership aimed at investing in decarbonization solutions for the construction and real estate industries. The new partnership targets opportunities for one of the key emerging focus areas for climate action.
This lesson on the importance of actionable data did not go unnoticed for those of us working on industrial decarbonization. A few years ago, the Smart Freight Center introduced the Global Logistics Emissions Council (GLEC) Framework, creating a common guidance for logistics companies to report in a unified manner.
Fashion and design brands company H&M Group announced the launch of a new green loan program aimed at facilitating decarbonization in the fashion sector in partnership with Singapore-based financial services group DBS. The collaborative finance tool is a prime example of how we can create impact for suppliers.
Climate technology startup Electric Hydrogen (EH2) announced today it has raised $198 million in a financing round aimed at enabling it to scale its electrolyzer technology and demonstration projects to produce green hydrogen, supporting the decarbonization of global industries.
Before that, Georges was a director for ten years at London investment bank commodity trading desks. His previous positions include Director of Energy Sales at Goldman Sachs, Head of EMEA Energy Marketing at Bank of America Merrill Lynch, and Head of EMEA Commodity Finance at JP Morgan.
DESCRIPTION: The clearest near-term way for us to decarbonize is by using SAF, which is why purchasing and helping scale SAF production is the cornerstone of our climate strategy this decade. We have since completed similar agree ments with Kuehne+Nagel, a global logistics company, Bank of America, and a number of other companies.
Signals of change in the net zero transition this week include a major industrial decarbonization project in Germany and carbon-capturing tequila in Mexico. Japan, alongside the other G7 countries, committed last year to largely decarbonize their power sectors by 2035, but Tokyo has yet to map out a clear path for the goal.
And a consortium of major businesses including Coca-Cola, DPD and Diageo have set up an updated initiative focused on the decarbonization of heavy goods vehicles (HGVs) across Europe. It aims to spend the next six months exploring the challenges related to HGV decarbonization and co-developing potential solutions.
As customers demand greener products and services, investors seek out the next big climate solution, and governments legislate to cut emissions, companies know they need to decarbonize, and fast. Ambition: Has the company set the right decarbonization targets? Collaboration is key.
LYS Energy Group (LYS), the leading Singapore home-grown Solar Independent Power Producer (IPP), has received a S$14 million green loan from United Overseas Bank (UOB). These comprise energy-intensive industries such as aerospace, electronics, food and beverage, logistics, manufacturing, pharmaceutical, and real estate.
Decarbonized buildings. Today, he makes his living nudging others — namely corporate executives — toward a decarbonized sustainable future. As COVID came to dominate 2020, she helped donate more than 600,000 meals and 100,000 pounds of packaging to food banks. Mon, 05/17/2021 - 00:01. Planet-healing fast food. LinkedIn .
This project is a great opportunity to assist our military departments and our warfighters in their decarbonization goals and is paramount to reaching our initial goals of Executive Order 14057, Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability.
Signals of change in the net zero transition this week include the EU’s Net Zero Industry Act and the Canadian logistics company embarking on a $1 billion vehicle fleet electrification. A Net Zero Europe Platform will also be set up to help member states establish new industrial partnerships focused on decarbonization.
A new report from the Asian Development Bank has found that the benefits of transitioning to net zero greenhouse gas emissions for countries in developing Asia would outweigh the costs fivefold, if effective policies are implemented.
The newly anointed group sustainability chief for one of Europe’s largest banks, HSBC — a role she will assume in July — London-based Celine Herweijer is a familiar feature in the continent’s corporate climate movement. The reverse logistics haven’t been easy, but Lush’s vertically integrated production model has helped, she wrote.
Across numerous global supply chains, in logistics for fulfillment and optimizing shipping routes, use of robotic AI systems has increased in popularity. In banking, AI powers automatic recognition systems to help prevent and mitigate fraud.
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