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DESCRIPTION: Last year marked a global shift in corporations adopting low-carbon and net-zero pledges as experts at the United Nations Climate Change 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. SOURCE: Antea Group.
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. Mattel launches latest sugarcane-based products.
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. And not just cars: The electrification of trucks , tractors , buses , trains , ships , even aircraft is gearing up faster than many had predicted.
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.
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.
Weve committed to net-zero emissions by 2050 , with targets validated by the Science Based Targets initiative (SBTi) Net-Zero Standard. We can estimate the value of carbon emissions over entire product lifecycles, including manufacturing, shipping, and usage.
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.
Make no mistake, for high tech and every industry, netzero is a bottom-line issue. IDC researchers predicted that by 2024, to improve long-term supply chain profitability, 70% of manufacturers in global supply chains will invest in software tools supporting sustainability and a circular economy business model.
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.
World’s largest cruise company is first in cruise sector to join research and development center committed to facilitating and accelerating decarbonization of the global shipping industry. DESCRIPTION: Carnival Corporation Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. SOURCE: Carnival Corporation & plc.
Dry bulk ship owner Berge Bulk announced the launch of its 210,000 Metric Tons Deadweight vessel, Berge Olympus, retrofitted with four BARTech WindWings by Yara Marine Technologies, that use wind power to reduce fuel consumption and CO2 emissions. Yara’s WindWings, each possessing an aerodynamic span of 37.5 tonnes per day.
Cisco, which has a goal to reach netzero GHG emissions across its value chain by 2040 , is also striving to improve the lifecycle efficiency of its products. Less weight means less energy is required to ship the phones in bulk, reducing supply chain costs and emissions. Efficiency offers clear return on investment.
DESCRIPTION: Consumer goods like clothing and bottled water dominate sustainability conversations, but the circular economy has to include the industrial manufacturers of the machines that churn out the products we use every day. Circular manufacturing has taken on new urgency. Circular Economy Meets Sustainable Business Imperatives.
Computer manufacturer Lenovo announced today a partnership with global transport and logistics company Kuehne+Nagel aimed at enabling Lenovo customers to minimize the carbon footprint of shipping IT products.
The transition is also proving to require a team effort that goes far beyond the vehicle manufacturers — and involving governments, utilities and a new ecosystem of technicians to go along with it. Global shipping provider DHL also began piloting BYD’s Class 8 trucks in November, adding four vehicles to its fleet in Los Angeles.
For months, Canadian fossils have been touting the possibility of shipping LNG to Germany to help the country cope with an energy supply crisis brought on by Russia’s war in Ukraine. A week later, then-finance minister Scholz announced a 65% emissions reduction target for 2030 and a 2045 deadline to bring emissions to net-zero.
The event was held at 619 Ponce , Atlanta’s first Georgia-grown and locally manufactured mass timber building, located at Ponce City Market. It is cut into lumber and shipped to mass timber design company SmartLam , which converts the lumber into cross-laminated timber (CLT). Attendees included U.S.
It is a tall order, but there’s no reason why we could not right this ship by the end of this decade. Financial regulators should make the tax subsidies banks and pension funds receive conditional on alignment with the net-zero economy. 16 30 Transcontinental Inc Plastic and rubber product manufacturing $11,262.00
SWORDS, Ireland, November 20, 2023 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, today announced a significant milestone for its industry-leading, sustainable climate solutions – with more than one million HVAC units with low-carbon steel shipped to homeowners and commercial customers across the U.S.
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. aviation sector to achieve a 35 percent reduction in carbon emissions by 2035 and netzero emissions by 2050.
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?
Lenovo’s European customers benefit from knowing that the datacenter infrastructure tested in the Innovation Center, and shipped from Budapest come from a secure and stable supply chain, and contribute to the European economy.
One of the largest shipping groups in the world, A.P. The group withdrew its member, Maersk executive and board member Henriette Hallberg Thygesen, from International Chamber of Shipping (ICS), following an annual revision of trade association memberships. Tanith leads Acre’s recruitment teams across Infrastructure and Manufacturing.
We are also on a mission to ensure our products are manufactured responsibly and sustainably. We work to ensure that our products are sourced, manufactured, and distributed in the most sustainable way possible: Harnessing the power of plants. Evolving Our Operations To Improve Our Environmental Footprint. The role of packaging.
Global financial services company Citi announced today new interim targets for financed emissions reductions in key carbon-intensive sectors, including auto manufacturing, commercial real estate, steel and thermal coal mining, forming part of the bank’s plan to achieve its 2050 netzero greenhouse gas (GHG) financing goal.
Historically, some 40% of the raw materials entering the site do so by freight ships. In the summer of 2018, these were scraping bottom; cargo traffic was reduced to a trickle, and ships could be only partially laden. It has publicly endorsed the Paris Agreement on climate change as well as the EU’s target of being net-zero by 2050.
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.
Thursday’s operation was managed by Osprey Shipping and saw the 680-tonne tidal turbine transferred from the Forth Ports quayside facility in Dundee into the River Tay using a submersible barge. The launch of the O2 marks the first vessel launch from Dundee since ship building ended over forty years ago.
International banking group Standard Charteredannounced the release of its inaugural Transition Plan, outlining its detailed plan to achieve its climate goals, including its target to reach netzero emissions across its financing activities by 2050.
They have to do it together – not just the musicians onstage, but also promoters, labels, record manufacturers, merchandisers, concert promoters and record labels. Agreeing to work collectively, the pact includes a commitment from each signatory to reduce greenhouse gas emissions to net-zero by 2050 and achieve a 50% reduction by 2030.
In 2021, we released our second Task Force on Climate-related Financial Disclosures (TCFD) report which discusses our approach to evaluating and managing climate change risks and opportunities and provides additional details on how we plan to achieve our new netzero emissions goals. New NetZero Emissions Goals.
DESCRIPTION: From gleaming arrays of solar panels on factory roofs to innovative manufacturing processes, being a leader in sustainability requires ground-breaking technology and the courage to do things differently. Lenovo is also working with its supply chain to use sustainable biofuels in our ocean shipping with Maersk.
To calculate credits, Lenovo estimates CO 2 emissions over the average lifecycle of devices, from manufacturing to shipping, use and disposal. As one of the first PC manufacturers in the world to offer this service in the technology industry, Lenovo offers the CO2 Offset service for its Think, Legion and Yoga PC lines and servers.
Lenovo has fully embraced digital transformation within its complex and global supply chain, and by using technologies including 5G, AI, AR/VR, Blockchain, Big Data, and IoT, it has reduced lead times for customers by over ten days while shipping four devices per second. Read the full Gartner Supply Chain Top 25 Report here.
At Lenovo, our commitment to sustainability permeates every aspect of the business, including efforts to minimize environmental impact across products and solutions, supply chain, and manufacturing, among others. This unique offering enables enterprise customers to ship IT devices via airfreight with a lower carbon impact.
According to Amogy, the new funding will enable the company to continue its organizational development to support commercialization, as well as to begin manufacturing of its ammonia-to-power technology and bring its first product to market next year. BMT — the most from any sector of the economy.
Volvo Trucks announced today that it has begun shipping electric trucks containing fossil-free steel to customers, becoming the first truck manufacturer in the world to do so. Volvo and SSAB launched a collaboration last year , aimed at producing vehicles built with fossil-free steel.
For every billion dollars in exports shipped through U.S. Understanding the environmental impact of seaports When compared to aviation and trucking, ocean shipping remains the most environmentally efficient means of cargo transportation. trillion in economic activity. seaports, 15,000 jobs are created. Crowley, a U.S.
A new report released by research company IHS Markit explains the role gas can play in the transition to net-zero. For instance: Pipelines, both transmission and distribution, can ship renewable natural gas. Industrial and domestic gas boilers can be manufactured to be readily adaptable from natural gas to hydrogen.
DESCRIPTION: Hydrogen is an abundant and clean burning gas, so it’s little wonder that many energy professionals consider it the key to powering the sustainable, net-zero economy of the future. KEYWORDS: triplepundit, Black & Veatch, NetZero. SOURCE: TriplePundit. link] @triplepundit.
Nova has a strong track record and has delivered positive impacts for the local community including the use of highly skilled local companies and local manufacturing and fabrication. Companies in Shetland currently manufacture blades, steel structures and provide vessels and services for Nova.
A new report from The Australia Institute’s Centre for Future Work has made the case for a homegrown wind tower industry, finding that by manufacturing its own towers, Australia could create more than 4300 quality direct jobs. million tonnes of CO 2 emissions thanks to reduced sea shipping of imported wind towers.
The announcement is the latest in a series of moves announced by Amazon over the past several years, aimed at achieving its goal to reach netzero emissions across its operations by 2040.
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