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As more companies make "carbonnet-zero" commitments, how will stakeholders — investors, employees, customers and regulators — hold these companies accountable? Allinfra uses digital renewable energy certificates to record and track renewable energy production. Everything hinges on measurement.
In November 2021, we were proud to publicly announce our goal to achieve net-zero global emissions across our value chain by 2040, joining more than 2,000 businesses around the world committed to the Science Based Targets initiative (SBTi). What does it mean to achieve net-zero? Why 2040 vs 2050? Why set interim goals?
Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbonoffset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.
Along the way, I’ve spoken with airline consultants, fuel producers, carbonoffset experts and industry critics, as well as with Shell executives, to understand the technologies and market drivers that could, over time, enable aviation to align with other industries in meeting the terms of the 2015 Paris climate agreement.
The company also announced that enterprises can now add Lenovo CO2 offsets to their purchase of select Lenovo ThinkSystem servers. This milestone that we celebrate today, and the extension of CO2 offset services to our server portfolio, highlights the focus and vigour of our efforts to enlist our clients in the fight against climate change.
The standard setter emphasises internal decarbonisation, action-based targets as part of revamped netzero standard for corporates. Wyburd said that while carbon credits and removals can support the path to netzero, they must never be a substitute for internal decarbonisation.
Weve committed to net-zero emissions by 2050 , with targets validated by the Science Based Targets initiative (SBTi) Net-Zero Standard. Light is one of the most fundamental ways to use energy, says Ron Broeren, VP Head of Digital Services at Signify. Thats why we asked Lenovo to help us on our way.
While statistics reveal some progress, the pace of carbon reduction is not proceeding rapidly enough. C, we must halve emissions by the end of this decade and reach netzero by 2050. This is where Schneider Electric leads the industry in the path to net-zero building solutions.
Energy and automation digital solutions provider Schneider Electric announced the acquisition of climate consulting and netzero solutions provider EcoAct. I’m confident that our combined best-in-class teams will help our clients to accelerate even faster towards their netzero ambitions.”
Many of the decarbonization technologies needed do not yet exist, are not yet economically feasible or are not expected to scale quickly enough to achieve the insector reductions needed to reach netzero by 2050. See page 26 for more information.)
Xpansiv provides infrastructure enabling market participants to value and exchange environmental commodities such as carbon, energy and water, and provides market data for voluntary carbonoffsets, renewable energy credits (RECs), and low-carbon fuels.
The company, an early partner with the Ellen MacArthur Foundation, has positioned water and carbon emissions as equally critical in the climate crisis. Last year, Ecolab set a goal for net-zerocarbon emissions by 2050, getting halfway there by 2030. million acres the 4.4 million acres it protects in the Amazon.
As part of the transition to a low carbon economy, businesses are increasingly seeking to highlight their environmental credentials to consumers via advertising and marketing communications, including informing consumers of their netzero targets.
DESCRIPTION: NEW YORK and SAN FRANCISCO, July 12, 2022 /3BL Media/ – Blackstone announced today that funds managed by Blackstone Energy Partners (“Blackstone”) have committed $400 million to lead a strategic investment in Xpansiv Limited (“Xpansiv”), the premier market-infrastructure platform for global carbon and environmental commodities.
Carbon: The race to zero. Eaton is driving actions to reduce global emissions and advance a net-zero future. C, and reaching net-zero global carbon emissions by 2050. C, we must remove more carbon through nature-based and technological solutions that create carbon sinks. Carbonoffsets.
While a focus on ESG has been prevalent for some time now, this surge in interest has been fueled by Canada’s commitment to achieving net-zero emissions by 2050 and an increasing number of stakeholders who expect ESG considerations be integrated into their investment programs.
Microsoft, carbon capture technology company Aker Carbon Capture and carbon removal project developer CO280 announced the launch of a new collaboration aimed at scaling up the carbon removal market across the full value chain, from physical project development to digital measurement, tracking, verification and reporting.
Investor and Energize Ventures Partner, Tyler Lancaster, said: “Patch’s platform provides a much-needed digital backbone that simplifies the transaction complexity of the carbon management ecosystem for both buyers and suppliers, increases transparency, and enables the carbon market to scale to meet global climate goals.”
Carbon Footprint Reduction & Climate Strategy Measuring and analyzing carbon footprints to identify areas for reduction. Implementing decarbonization strategies and net-zero action plans. Providing guidance on carbonoffset programs and renewable energy integration.
Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s netzero Signals of Change. NetZero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7
As a major source of carbon emissions, the commercial aerospace sector can make an enormous impact through operational improvements, sustainable aviation fuel (SAF), new propulsion technologies (such as electric and hydrogen) and global market-based measures like carbonoffsets.
Successful narrative change happens through disseminating real stories, shifting language, engaging influencers, deploying bold visuals and campaign messaging across platforms, engaging in digital campaigns, and more.
Data, analytics and index provider MSCI has unveiled Total Portfolio Footprinting, designed to help financial institutions measure carbon emissions across their lending and investment portfolios as part of the transition to a net-zero economy. CME Group has traded 135 million carbonoffsets since launch.
With the onus on Australian businesses to lead the country towards net-zerocarbon emissions, organisations can look to their technology architecture for ways to save energy and reduce their impact, according to Micro Focus. of the global total population, but its carbon emissions account for 1.3%.
Brazil’s Environment Minister Marina Silva reiterated the Lula administration’s commitment to net-zero deforestation by 2030. Commit to buying carbonoffsets for 100% of any pollution generated by the business. Start projects that decrease CO2 emissions and other pollution. Photo courtesy of GovernmentZA. …
A tracking tool recently released by third-party carbon credit verification organisation Verra – which aims to boost the transparency of carbon capture and sequestration products – is among the latest in a wave of initiatives utilising digital solutions to tackle market mistrust and confusion.
Carbon credits rating provider Sylvera has added carbon credit pricing from Xpansiv Market CBL , the spot exchange for carbonoffsets, to its carbon intelligence platform. Displaying carbon credit pricing in the Sylvera ratings platform will drive a tighter relationship between quality and price, he said.
McMahon says the overarching objective is to develop a “climate positive” portfolio of assets that will deliver on netzero targets, while having measurable impacts on biodiversity and soil health. The funds] offer a mid to high single digit internal rate of return. million carbonoffsets credits, of which 1.1
As a major source of carbon emissions, the commercial aerospace sector can make an enormous impact through operational improvements, sustainable aviation fuel (SAF), new propulsion technologies (such as electric and hydrogen) and global market-based measures like carbonoffsets. SAF is beneficial but has its challenges.
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