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SteelZero commitments represent a new era in heavy manufacturing production. Decarbonizing steel has a chicken or the egg problem. Industry experts say current processes for doing it are so extremely expensive that few manufacturers have the financial ability. Jesse Klein. Wed, 01/27/2021 - 00:30.
Canada’s provincial governments need comprehensive net-zero climate strategies to drive growth in the green economy, but some are sending mixed policy signals to the companies that will create tomorrow’s jobs, says a new report from the Canadian Climate Institute. . However, B.C. We see this transition as inevitable,” Arnold said.
November 12, 2024 /3BL/ - Decarbonization within the chemical manufacturing sector has become one of the key challenges in moving toward netzero goals. Organizations with decarbonization goals along the value chain, including chemical and petrochemical manufacturers, consumer goods companies, and packaging companies.
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?
DESCRIPTION: Kimberly-Clark, the parent company of leading household brands including Andrex ® , Kleenex ® and Huggies ® , has won the Net-Zero Award at the first ever UK Paper Industry Gold Awards. The net-zero strategy sets out an ambitious blueprint to reduce emissions. KEYWORDS: NYSE:KMB, Kimberly Clark.
The round was led by by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners. ConnectDER said it plans to use the funds raised for market expansion, scaling manufacturing, and continued product innovation. Currently there are over 25,000 ConnectDER adapters in use across 22 states.
November 5, 2024 /3BL/ - The Clorox Company (NYSE: CLX) announced a strategic partnership with Manufacture 2030, or M2030, to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050. OAKLAND, Calif., In 2024 the company was ranked No.
On this episode of our series, we look at creating a circular economy in manufacturing. Dennis Wilson shows us why reverse supply chains are the future of manufacturing. billion in sales in 2023 160,000 employees, locations in 76 countries Committed to achieving netzero carbon emissions by 2050
The once-humdrum electricity sector has become a hub of interest and innovation for the worlds of energy, infrastructure, manufacturing, transportation, buildings, policy, finance and others. That’s leading manufacturers to amp up a new generation of boilers, chillers and other machines and appliances to accommodate the growing demand.
Sofidel The paper manufacturing Group, alongside Science Based Targets initiative (SBTi), is embarking on the pathway to reducing greenhouse gas emissions to as close to zero as possible along the entire value chain. Sofidel is still accelerating its decarbonization journey.
When working toward 2050, we must leave no stone unturned and engage all employees on our journey to netzero. Digitalization in manufacturing. We believe that breakthrough technology is pivotal for decarbonization. Learn more about Essity's Journey to NetZero here. Investing in state-of-the-art technology.
A recently published World Economic Forum (WEF) white paper – “The 'No-Excuse' Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains” – serves as a practical roadmap for businesses navigating the intricate terrain of Scope 3 decarbonization and accelerating their contributions to global climate efforts.
Lawmakers in the European Parliament voted 361 – 121 to approve the Net-Zero industry Act (NZIA), a new law aimed at supporting EU manufacturing of key technologies needed to achieve Europe’s climate and energy goals. The race kicked into high gear with the passage of the U.S.’
DESCRIPTION: Energy is a major expense and service providers across the world are adopting NetZero emissions targets to align with the expectations of their customers, employees and shareholders. Please join us as they share their insights on how service providers can achieve their NetZero emissions targets.
Ringo Yu, manager, Manufacturer Climate Action Program (MCAP) at Cascale, recently presented the program via webinar to manufacturers in Indonesia and Bangladesh. The sessions were hosted by TÜV Rheinland, an MCAP appointed science-aligned target validation organization. Stating the call to action that to stay within 1.5°C
October 3, 2024 /3BL/ - In its first year, Cascale’s Manufacturer Climate Action Program (MCAP) has expanded to engage over 60 manufacturers in the fight against climate change, the organization announced today. As an integral part of the Decarbonization Program, MCAP welcomes Cascale members and non-members alike.
Listen here, L for Lightweight Construction, a Saint-Gobain Podcast About Saint-Gobain Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. The Groups commitment is guided by its purpose, MAKING THE WORLD A BETTER HOME.
Taking action to achieve NetZero right now is more important than ever, as we only have a narrow window of opportunity to keep the increase in temperature within 1.5?C. The industry has made a commitment to reach netzero by 2050 at the latest. Now is the time to act and realize a NetZero ambition.
The energy industry is undergoing a drastic change in the way it operates due to an ever-growing demand for renewables and low-carbon solutions to achieve netzero by 2050. Thanks to our variety of solutions in the cable industry, we help our customers and value chain partners to decarbonize and grow.
The initiative — the creation of a manufacturing plant for Nexii’s "sustainable concrete" alternative Nexiite — will bring at least 300 new jobs to a redeveloped brownfield site in the "Steel City" of Pittsburgh that thrived in the era of industrialist Andrew Carnegie. Decarbonization. Infrastructure. Climate Tech. Carbon Removal.
So, businesses that are serious about decarbonization need to look beyond their own operations and address their entire value chain. Crucially, when companies in a connected ecosystem decarbonize, the speed of progress increases rapidly. After all, investing in energy efficiency is investing in a saving.
Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $51.2million to demonstrate commercial-scale decarbonization solutions to help move energy-intensive industries toward net-zero. Selected as one of 33 projects in the U.S.,
Pharmaceutical giant Pfizer announced a series of new climate commitments, including goals to reach netzero greenhouse gas (GHG) by 2040 and to achieve emissions reductions of 95% in its operations and 90% in its value chain by that date. Pfizer’s new goals include the achievement of the NetZero Standard.
Computer manufacturer Lenovo announced today a goal to reach netzero greenhouse gas (GHG) emissions by 2050. The commitment, covering the companies’ full value chain, and has been validated by the Science Based Targets initiative (SBTi) as aligned with its netzero standard.
Swedish industrial products manufacturer Alfa Laval announced plans to achieve its key interim climate goals ahead of schedule, accelerating its efforts to achieve netzero goals for scope 1 and 2 emissions, and to reduce scope 3 emissions by 50% by 2027, three years earlier than previously announced.
In the absence of concrete action by governments, many corporations have stepped up to show that they can lead by example in the race to net-zero. Most targets laid out by governments and corporations involve reaching net-zero by a date decades in the future. India has said it won’t reach net-zero until 2070.
The European Commission announced today that it has selected 85 decarbonization technology-focused projects to receive €4.8 The fund is aimed at creating financial incentives for companies and public authorities to invest in advanced netzero and low carbon technologies.
said decarbonization is a growth opportunity for the company. The decarbonization of our economy is critical to our way of life and our industry will play a key role in that effort," said Tom Linebarger, Chairman and CEO of Cummins. "The Fortunately, decarbonization is also a growth opportunity for Cummins.
Global management consulting firm McKinsey & Company announced today the launch of the NetZero Built Environment Council, a cross-sector coalition of industry leaders aimed at supporting efforts to reduce greenhouse gas emissions from buildings and solutions to decarbonize the built environment.
The European Commission announced that it will invest €4 billion for the deployment of innovative decarbonization technologies, with an increased focus on cleantech manufacturing projects, utilizing funds raised through its EU Emissions Trading System (EU ETS). billion for “general decarbonization,” €1.4
In a recent episode of ESG Insider from S&P Global, host Esther Whieldon strives to answer the question, What will it take to decarbonize supply chains? For example, what will it take for companies to achieve net-zero goals and decarbonize supply chains — including those involved in the hard-to-abate sectors such as transportation?
Siemens Financial Services (SFS) announced the launch of the Decarbonization Business Optimizer (DBO), a new cloud-based tool aimed at assisting building managers, construction firms, and others in the industry in their efforts to decarbonize buildings.
After a four-year hiatus, the Sustainable Apparel Coalition returned to hosting in-person Manufacturer Forums with the “Catalyst for Change” event in Shenzhen, China. scheduled to launch later this year, and the SAC’s new Decarbonization Program. The SAC’s next Manufacturer Forum will take place this December in Bangalore, India.
billion project to build the world’s first netzero 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 netzero Scope 1 and 2 emissions.
Last year saw significant activity as governments, utilities, businesses and other entities zoned in on mitigating climate change by setting aggressive decarbonization goals in an effort to lower carbon emissions. Look for easy-to-decarbonize areas of your operations where you can make a difference right away.
JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve netzero by 2050.
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 netzero glass bottle production. The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach netzero by 2050.
DESCRIPTION: FARNBOROUGH, United Kingdom, July 20, 2022 /3BLMedia/ - As the commercial aviation industry maps a path to netzero emissions, Boeing (NYSE: BA) unveiled a new data modeling tool to show the most effective scenarios for reaching the destination by 2050. We have to take a holistic view to decarbonization," said Raymond.
Their mission is to work with JPMorgan Chase’s existing commercial relationship specialists to accelerate the flow of capital available to organizations that can play a role in decarbonizing other companies and industries. That includes both existing clients, as well as new ones that could benefit from focused new financial innovations. "We
To achieve net-zero economy-wide emissions by 2050 and limit global warming, industrial emissions must drop while still meeting societal needs. And as the grid decarbonizes, overall emissions will continue declining over time. Manufacturing. greenhouse gas emissions come from industry. Start with heat. Contributors.
This partnership will provide partners like Mark II with technology to produce high-value products, and also aligns with the Asphalt Roofing Manufacturer Associations 2035 goal of 50% waste reduction. billion in sales in 2023 160,000 employees, locations in 76 countries Committed to achieving netzero carbon emissions by 2050
Transportation decarbonization-focused clean fuel tech startup Amogy announced that it has raised $139 million, with proceeds aimed at funding the commercialization of its emissions-free ammonia-to-power technology. We want to make sure Amogy has the resources it needs to make zero-emission shipping a reality.”
Department of Energy (DOE) announced today the selection of 33 projects to be awarded up to $6 billion in funding aimed at advancing technologies to help significantly reduce emissions across hard-to-decarbonize industries across sectors including chemicals, steel, food, refining and cement, among others.
Anyone can be a manufacturer! Whether you are just starting out or transitioning your career path, the manufacturing industry presents opportunities for success. Hear the stories of Saint-Gobain team members who built their careers in manufacturing and thrived!
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