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The global race to net-zero emissions has put supplychains under a sustainability microscope. A joint report by DP World and Canary Creative, Closing the Gap on Clean Energy Supply-Chain Sustainability , dives into the challenges and presents strategies to ensure supplychains are secure, resilient, and sustainable.
in the value chain) in most industries, the path to net zero is simply not achievable without decarbonizing the supplychain. This session explores this problem space and three pivotal advances that are poised to unlock supplychaindecarbonization within and across industries.
London-based assurance services provider LRQA announced the acquisition of supplychain carbon management solutions provider RESET Carbon, in a moves described by LRQA as aimed at strengthening its environmental solutions to help clients meet growing regulatory requirements.
Electrification could squeeze CO2 out of industrial supplychains. With this in mind, the remaining years of this decade will be defined by tackling value chain emissions. But there are a lot of industrial operations where commercially available solutions for decarbonizing do not yet exist. Jean Haggerty.
December 13, 2023 /3BL/ - Growing demand for electric vehicles is reshaping manufacturing supplychains, according to a new report by DP World and Canary Media’s Canary Creative. Available for download now, the report provides an examination of how this shift impacts manufacturing supplychains. CHARLOTTE, N.C.,
KKR recently identified decarbonization , and the large scale brown-to-green transition of asset-heavy sectors in particular, as a key mega-theme driving investment opportunities. The acquisition will be made as part of KKRs Global Climate strategy.
The cohort’s success will directly support Walmart’s Project Gigaton™ goal, which aims to reduce or avoid one gigaton (or one billion metric tons) of greenhouse gas emissions from the global value chain by 2030. We applaud these companies for coming together to find common ground and develop solutions that will have industry-leading impact.
Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonizesupplychain. RUEIL-MALMAISON, France, November 21, 2022 /3BL Media/ - Schneider Electric and long-time supplier Microplásticos today announced joint efforts to accelerate decarbonization efforts.
He showcased a high-level approach to categorizing traceability and supplychain data, focusing on the second step of the OECD guidance stages concerning the CS3D. During the discussion, she highlighted key essentials for achieving meaningful reductions, including supplychain engagement and effective target setting.
November 12, 2024 /3BL/ - Decarbonization within the chemical manufacturing sector has become one of the key challenges in moving toward net zero goals. CET) for an in-depth discussion on the newly developed standard, SCS-115: Certification Standard for Product Carbon Intensity and Reduction for Chemicals and Co-products. ET (8:00 a.m.
The criteriawhich spans a comprehensive range of material topics including Climate, Circularity, Chemicals and Responsible SupplyChains are set to take effect November 1, 2025. Chemicals: Reduces hazardous substances in electronics and improves supplychain transparency.
Sweden-based truck and bus manufacturer Scania announced today a new goal to decarbonize its supplychain by 2030, and the development of a strategy to eliminate emissions sources from the most common production materials and batteries.
Nearly all – 90% – of global trade is seaborne, according to the Organisation for Economic Co-operation and Development (OECD), underscoring the significant environmental impact of ports and shipping. Johansen underscores the urgency of decarbonizing maritime port operations due to the significant environmental impact of shipping.
The process of developing smart strategies, getting buy-in from leadership and stakeholders, and mapping out decarbonization pathways can drive home the scale of changes – and investments - that will be required to achieve bold climate goals and overcome existing challenges.
Tokyo-based banking and financial services company Mizuho Financial Group announced today a new goal to provide JPY 2 trillion (USD$13 billion) in financing for the production and supply of hydrogen and related technologies by 2030.
Despite the recycling success, however, the steel industry is increasingly facing pressure to decarbonize. Even if they are not, who are the main players in this new circular supplychain? How will steelmakers adapt their supplychains, manage storage and validate the steel quality?
The capital investment needed to decarbonize the Canadian economy was first estimated by Corporate Knights at about $150 billion per year, and the federal government and others have since corroborated that finding. This “decarbonization capex (capital expenditure) gap” is the focus of the Climate Dollars research project at Corporate Knights.
DESCRIPTION: Supplychaindecarbonization is critical to achieving Yum China’s stated net zero ambitions, including reaching net zero value chain emissions by 2050. This is particularly important for Yum China as over two-thirds of its value chain GHG emissions come from purchased goods. SOURCE: Yum China.
Freight accounts for nearly 8%, but when combined with warehousing operations, grows to 11%, according to the MIT SupplyChains Initiative. Within the supplychain ecosystem, freight forwarders will increasingly play a pivotal role in driving sustainability, digitalization, and resilience across the industry.”
Jenny McInnes, Group Head of Policy and Partnerships at HSBC, said: “At HSBC we are not only leveraging our philanthropy but also our trade finance expertise to support the apparel sector’s journey to net zero and the decarbonization of trade and global supplychains.
Together, the two organizations will work to foster a more transparent, accountable, and sustainable supplychain in the consumer goods industry. Cascale is excited to work closely with Open Supply Hub to deliver meaningful progress towards a more transparent and sustainable supplychain,” said Colin Browne, CEO, Cascale.
Dennis Wilson shows us why reverse supplychains are the future of manufacturing. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance.
(NYSE:CBRE) announced a strategic partnership with Emitwise, a leading carbon accounting software provider, to collect greenhouse gas emissions (GHG) data from its supplychain and provide carbon accounting capabilities to its suppliers. As part of the partnership, CBRE will make a strategic investment in Emitwise. CBRE Group, Inc.
But in reality, with revenues and ticket sales way down, there's only so much commercial airlines actually will do to meet decarbonization goals. More specifically, Amazon's air shipping business, which along with its entire global logistics supplychain juggernaut is booming. . SupplyChain. Enter air cargo.
The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. degrees [of warming] we need to decarbonize by the mid-2030s. Cecilia Keating. To achieve 1.5
After an inspirational keynote address given by Miran Ali, BGMEA vice president, Cascale CEO Colin Browne joined him on stage to sign the MoU, cementing both organizations’ commitment to collectively drive positive transformation throughout the supplychain. Cascale Press Contact Email: cascaleforster@forster.co.uk
Apple announced significant progress towards its goal to decarbonize its value chain, including revealing that more than 320 suppliers – representing 95% of the company’s direct manufacturing spend – have now committed to use 100% renewable energy for Apple production by 2030, up from around 250 suppliers last year.
As a global manufacturer of essential products, Kimberly-Clark’s tissue business is classified as an energy-intensive industry in many markets, which reflects the challenge of decarbonizing. Caring for the environment and the communities where we live and work is core to delivering our purpose of Better Care for a Better World.”.
Decarbonizing steel has a chicken or the egg problem. And right now, there isn’t enough demand for decarbonized steel for manufacturers to justify investing several millions of dollars into lower-carbon steel facilities. SteelZero commitments represent a new era in heavy manufacturing production. Jesse Klein. Wed, 01/27/2021 - 00:30.
Decarbonizing our customer operations and our supplychain In 2024, SLBs Transition Technologies portfolio of upstream and midstream products and services continued to expand, helping customers reduce their greenhouse gas emissions. Sustainable Development Goals, U.N.
If temperatures rise and extreme weather events increase, then there may be less supply of items like beef, chicken and cheese worldwide. Improving supplychain resilience helps mitigate these risks, benefiting our consumers, suppliers and franchisees.” Chief Sustainability Officer Jon Hixson. “If It’s all connected.
DESCRIPTION: Decarbonising renewable energy supplychains is a challenge no company can solve by itself. We caught up with Van Oord, one of our strategic suppliers, to get their perspectives on supplychain decarbonisation. Read more at: [link]. C initiative. In 2021, the group's revenue was DKK 77.7 billion (EUR 10.4
While electrification and renewable energy are key to decarbonizing the economy, the growing demand for solar PV may be creating a new problem. On the other side is addressing [what's] already out there: How can we get those materials back into our supplychains instead of just landfilling all of these materials? Lauren Phipps.
Effective decarbonization strategies rely on accurate and consistent data collection across Scopes 1, 2 and 3 to identify key focus areas, and close collaboration across supplychains to enhance supplier decarbonization.
Consequently the need to develop a robust leadership position on climate action is more urgent than ever and central to any company’s strategic vision. . Companies then need to identify and implement action to deliver on their ambition, including engaging with supplychains. LafargeHolcim’s commitment represents real ambition.
As one of the largest producers of low-carbon ammonia in the world today, the development and use of both low-carbon and clean ammonia supports society’s decarbonization goals not only in agriculture, but also in other hard-to-abate sectors. The path forward for an ammonia-fueled vessel is being paved.
Our accredited partnership program is a crucial part of our efforts to support financial institutions in their efforts towards decarbonization and is key to accelerating the transition towards a more sustainable and equitable global economy.
Commercial property manager and developer CBRE announced the launch of new interim climate goals, with new 2030 targets to reduce Scope 1 and 2 emissions by 50%, and to cut emissions per square foot from properties and facilities managed for clients by far the largest source of CBREs carbon footprint by 55%.
At the co-hosted “Chatting Climate & Consumer Goods” event held in New York City’s Garment District, speakers and attendees delivered deep supplychaindecarbonization insights, building on presentations at the Cascale Annual Meeting and Worldly Customer Forum in Munich earlier this month. We need to do less to do more.”
Global decarbonization will require a massive build-out of wind and solar farms. But can developers find enough land, secure the supplychain, and recruit workers while maintaining profitability?
Amazon's plans to decarbonize its shipping supplychain isn't just focused on electrifying its delivery vans. To decarbonize the fuel for 70 planes, Amazon will need a lot more than 6 million gallons of bio jet fuel. . Amazon to buy bio jet fuel to lower air cargo emissions. Katie Fehrenbacher. Wed, 07/08/2020 - 08:00.
companies announced the launch of the Clean Energy Procurement Academy, a new initiative aimed at addressing supplychain emissions by equipping companies with skills and knowledge required to explore and adopt clean energy. A coalition of large U.S. Collaborating cross-industry helps us tackle systemic challenges together.”
Amazon announced the launch of the Sustainability Exchange, a new platform offering free access to sustainability tools and resources used by the company to decarbonize its operations, aimed at sharing its learnings and experiences to help other companies – particularly those in its supplychain – to address their climate footprint.
Analysis Shows a New Phase of SupplyChainDecarbonization Efforts Accelerating Among Rated Companies of All Sizes Across the Globe. The Carbon Action Module is a comprehensive solution that empowers organizations to drive climate action at scale by engaging their value chain trading partners in a decarbonization journey.
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