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More than 1,000 AB clients and partners around the world participated in our second Climate Academy curriculum in 2023, in which prerecorded webinars were followed by virtual group Q&A sessions. How are China’s national oil companies (NOCs) balancing their energy security and decarbonization agendas? degree pathway.
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.
Nestlé, Cargill and the National Fish and Wildlife Foundation are working together to scale the adoption of regenerative farming practices in the meat sector. The project’s full roll-out would help customers across the country to choose food and drink options with lower emissions footprints.
And in Japan, conglomerate Mitsubishi and MUFG Bank have launched a decarbonization fund aimed at European and US start-ups which specialize in offshore wind turbines and sustainable aviation fuel. Owner of much-loved cordial brand Ribena, it is introducing measures across almost 60 hectares of blackcurrant cropland in Norfolk, England.
& Canada is offering a series of webinars featuring companies and organizations that are leading the way. Roasters contribute 3 cents per pound of all coffee sales to the fund, and more than $900,000 has been invested into producer-led projects focused on regenerative agriculture practices and reforestation efforts.
Google will use some of the energy generated to help decarbonize its own data centers – as efforts to do so have in the past been held up by long backlogs to connect renewables projects to the electricity grid. And nine European countries have pledged to increase offshore wind capacity in the North Sea eightfold by 2050.
GFANZ confirmed that the chapter will launch in June, and will support local financial institutions to decarbonize their investments and help the country to meet its net zero goal. And the We Mean Business Coalition has partnered with B-Lab – the leaders of the global B-Corp movement – to collaborate on business climate action initiatives.
Transport Founding EV100 member LeasePlan has taken significant steps forward in its partnership with G4S to decarbonize the company’s vehicle fleet by 2040. The company has committed to adopt regenerative agriculture across its entire potato supply chain by 2030. .
“The [energy] crisis makes it clear that decarbonization, the energy transition, and the expansion of infrastructure must be massively accelerated,” CEO Leonhard Birnbaum said. Last year, the company set a target to ensure that 30% of raw materials are sourced using regenerative agricultural practices by 2030 – and 100% by 2040.
The letter, signed by firms including Cemex, British Steel and Kingfisher, states that the UK risks being left behind in the green transition as other countries compete to incentivize economy-wide decarbonization. Meanwhile, ADM has announced the expansion of its regenerative agriculture program across North America.
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