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Transform to NetZero: Microsoft, Nike, Starbucks team up on corporate climate alliance. They also have committed to share information on investing in carbon-reduction technologies and to collectively push for public policies that accelerate the netzero transition. Cecilia Keating. Wed, 07/22/2020 - 00:20.
Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating.
DESCRIPTION: How does a global technology leader make progress toward that “Mars shot” of net-zero emissions? Lenovo is proud to be working with Science Based Targets initiative to establish goals that support our vision to reach net-zero by 2050. KEYWORDS: ADR:LNVGY, Lenovo, Lenovo netzero.
Still, producers want the federal government to include exported LNG as part of its climatechange strategy, including policies for preferential financing. Ottawa is currently developing a transition taxonomy – essentially a guideline as to which types of investments are appropriate in the transition to a net-zero economy.
And climatechange remains a big one. . More specifically, Amazon's air shipping business, which along with its entire global logistics supply chain juggernaut is booming. . A startup called Infinium announced it has raised a round of funding including backing from Amazon's Climate Pledge Fund. Katie Fehrenbacher.
DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations ClimateChange Conference , COP26, declared that the climate crisis is at a critical inflection point. C commitment and 7,126 companies have joined the Race to Zero.
DESCRIPTION: There is a huge decarbonization potential in buildings that can significantly contribute to the fight against climatechange. Episode 2: Beyond the scope of net-zero buildings. Victoria Burrows, Director of Advancing Net-Zero, World Green Building Council. SOURCE: Schneider Electric.
s Association of Independent Music launched the Music Climate Pact , which was signed by all three major labels – Universal, Warner and Sony – along with large indies like Secretly Group and Ninja Tune. The post The music industry changes its tune on climatechange appeared first on Corporate Knights.
This report should serve as a wake-up call: we need a rapid decline in emissions starting from now – not in five years’ time – if netzero by mid-century is to remain a possibility.” This is far from achieving netzero – and breaches the Paris Agreement with a global warming result of 2.6
It said in part: Today, every occupant of every C-suite is trying to figure out what they’re willing to throw overboard as the economic storm spawned by the pandemic is swamping their ships. Let’s begin with a few headlines: Southern Company commits to net-zero emissions by 2050. Congress to promote climate action.
MIAMI, May 23, 2024 /3BL/ - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company and its AIDA Cruises line were honored with three ESG Shipping Awards for environmental excellence at an international ceremony in Athens, Greece this week.
DESCRIPTION: I work at a company committed to reaching netzero greenhouse gas (GHG) emissions by 2040, including our operations, supply chain, and product use. But what exactly does “netzero” mean, and how can someone interested learn more? Here are some things I learned about netzero from this live discussion: 1.
With the need to tackle global challenges such as climatechange, biodiversity loss, waste, and pollution, circularity is becoming increasingly important for businesses and organisations around the world. 1] Deloitte – The Sustainable Consumer 2023
One of the largest shipping groups in the world, A.P. Moller-Maersk, has withdrawn its board member from an industry organisation after a decade, for reasons understood to be related to climatechange. According to sources, the reason is believed to surround the trade association's stance on climatechange.
Climate TRACE (Tracking Real-Time Atmospheric Carbon Emissions) is a project to use satellite image processing, remote sensing technologies, machine learning and artificial intelligence to monitor worldwide human-made greenhouse gas emissions in real time. Faster private- and public-sector innovation to get emissions down should follow.
DESCRIPTION: As one of the world’s greatest challenges and global disrupters, climatechange impacts us all. Tapestry and our brands are responding to the urgent call for collective action and doing our part to mitigate climate-related risks to our business, our people and the communities where we live and work.
In a net-zero carbon world, the low-carbon solution wins. These Scope 3 emissions often are seen as the third rail of climate policy. Right now, the corporate gold standard is netzero well before 2050, and companies at the net-zero forefront are saying that they want to halve their Scope 1, 2 and 3 emissions by 2030.
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supply chain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”
I work at a company committed to reaching netzero greenhouse gas (GHG) emissions by 2040, including our operations, supply chain, and product use. But what exactly does “netzero” mean, and how can someone interested learn more? Here are some things I learned about netzero from this live discussion: 1.
Rob Jenkinson is NetZero Program Manager at Swedish bearing and seal manufacturing firm SKF. Reaching NetZero operations by 2050 will require huge changes in industrial practices – such as how we use energy and source raw materials – but despite all the challenges, the target is achievable writes Rob Jenkinson.
Despite the reductions in air travel and the global economic slowdown caused by the pandemic, climatechange sadly has not slowed down this past year. We have only until 2030 to get things on track for a net-zero and nature-positive economy — this should sharpen our minds for action.
Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. Tankers at anchor in the Houston Ship Channel started bumping into each other, but the oil kept flowing. . Is that possible? What happened? It turns out it’s not easy to stop.
Moller – Maersk aimed at reducing to reduce Inditex’s global greenhouse gas (GHG) footprint from ocean shipping through the use of low carbon fuels. In 2021, the company pledged to transition its ocean freight to zero-carbon shipping by 2040.
Despite progress on scaling up low carbon energy production and industrial technologies, significant barriers remain in the way of the global ambition to achieve netzero emissions by 2050 and to limit temperature rise 1.5°C,
Make no mistake, for high tech and every industry, netzero is a bottom-line issue. Gartner analysts said that by 2025, 40% of all manufacturing IT will own the responsibility of data modeling for sustainability and net-zero carbon targets. Tracking Product Lifetime CO2 Emissions.
The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climatechange will have on the backbone of the German economy. Historically, some 40% of the raw materials entering the site do so by freight ships. The river’s water was too warm to effectively cool BASF’s reactors. On the face of it, it is.
Netzero offers ‘huge economic development opportunity’ for Scotland. A new report suggests immediate action aimed at achieving netzero carbon can still offer a significant economic opportunity for Scotland – and the transport sector is “hugely optimistic” about the country’s prospects of decarbonisation.
Iain Gulland, chief executive of Zero Waste Scotland. The group set out what it believes to be the next key steps needed to meet the Scottish Government’s landmark pledge to end Scotland’s contribution to the climate emergency by 2045. It means reducing all our emissions to zero. But net-zero cannot be the end point.
MSC Group’s luxury travel brand, Explora Journeys, and shipbuilding group Fincantieri announced today that they have signed a memorandum of agreement (MOA) for the construction of two of the world’s first luxury cruise ships to utilize hydrogen-based power.
times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8
DESCRIPTION: WASHINGTON, October 12, 2022 /3BL Media/ – More than 80 water and wastewater utilities worldwide have set net-zero and climate-neutrality targets. This paper and action show how leading water utility managers are delivering real progress toward net-zero goals.
In this report, Citi’s Sustainable Finance team takes a detailed look at two hard-to-abate sectors — transport (road freight, aviation and shipping) and industry (cement and steel) — which need to be focused on to successfully meet netzero emission commitments.
Cisco amongst others publish predictions of how these technologies will change our digital experiences, change the way we work, and shape our lives. 3 As IT becomes more and more pervasive in our lives, we naturally see an increasing interest and debate around its impact on greenhouse gas emissions and climatechange.
A new report sets out a strategy for achieving netzero concrete and cement. The sector currently generates 8% of global CO2 emissions: more than aviation and shipping combined. The challenge of increasing emissions is becoming more urgent as production of concrete and cement is increasing to meet global needs.
COP28 may have not delivered all it promised, but investors now have a clearer idea of how the path to netzero will impact their portfolios. UN ClimateChange’s NDC synthesis report found they would collectively only deliver a 5.3% C of climatechange by 2100.
In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. But like modern planes themselves, a lot of moving parts are involved. A bill introduced in the U.S.
Our journey began with a focus on understanding our impact on one of the most pressing issues of our lifetime—climatechange. In recognizing climatechange as an imperative, we announced aggressive greenhouse gas emission reduction goals that will challenge us well into the future as we pledge to become carbon neutral by 2040.
Companies across the board are working hard to get to net-zero CO2 emissions by 2050. From the super-heated factories needed to make steel and cement to the dirty fuel powering container ships and airplanes, these industries are known as Hard-to-Abate sectors. Why Focus on Hard-to-Abate Sectors?
Indeed, the connection between environmental health and human health underscores the importance of the medical community’s role in reaching netzero carbon emissions. Our ambitious effort will involve reevaluating every aspect of business and making changes to support achieving net-zero emissions along the company’s entire value chain.
Our mission at SLB Capturi is to deliver impact at scale with carbon capture as a critical pathway to netzero,” said Egil Fagerland, chief executive officer of SLB Capturi. Find out more at www.capturi.slb.com View original content here.
Now more than ever, there is an urgency to understand the effects of climatechange, engage in dialogue with those driving change and take steps to reduce the impact we have on our environment. We also anticipate validation of our 2050 net-zero target by the Science Based Targets initiative in the coming weeks.
A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on ClimateChange (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.
year-on-year between January and March, and tourist hotspots like Mykonos were overrun with cruise ship visitors this summer. A staggering 895 cruise ships were expected to visit Mykonos and the nearby island of Delos over the summer—a big jump from the 608 ships that docked there last year. Travel and tourism added US$7.7
We can be the reliable supplier of clean energy a net-zero world needs,” he said. We welcome the race toward a zero-emissions economy,” said Louise Comeau, director of climatechange and energy solutions at the Conservation Council of New Brunswick. “We With our renewable resources, we have a huge advantage.”.
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