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BMW, Ford, other automakers rev up carbon commitments. The world's biggest automakers are ramping up their carbon commitments even as they struggle to build back in the wake of the pandemic. . This week, Germany's BMW took the plunge and set a goal to reduce its carbon emissions per car by at least one-third by 2030.
Apple committed on Tuesday to becoming carbon-neutral by 2030, pushing its ambitions far beyond its own corporate walls — already 100 percent powered by renewables — to include its vast supply chain and the lifecycle of all its products. Apple will increasingly rely on carbon-removal programs. technology giants.
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. The definition of fleet is evolving.
In March, Samsonite announced "Our Responsible Journey," a new global sustainability strategy that outlines its commitments across four priority areas: Product Innovation; Carbon Action; Thriving Supply Chain; and Our People, including engagement, development, diversity and inclusion. Mon, 11/16/2020 - 01:00.
For the vast majority of countries, recovery spending has been relatively low and not particularly green, according to the report, with any benefits from the greener elements contained in stimulus packages often undermined by concurrent fossil fuel and consumer-focused spending program. billion has been spent on low-carbon transport, $28.9
Owner Treasury Wine Estates reveals it is working with the Carbon Trust to measure the brand's carbon footprint and certify it in Europe. Lindeman's is the perfect brand to lead the way in Europe, with its significant profile across the UK, the Nordics and the Netherlands," he said.
Summary - China considers going carbonneutral. China is considering carbonneutrality as part of its long term climate plan, the country’s foreign ministry announced following a summit with EU leaders. At the summit on Monday, EU leaders pushed China to aim for climate neutrality by 2060 or face punitive carbon tariffs.
This ambitious project places Thyssenkrupp at the forefront of the green steel transition, a vital step for decarbonizing one of Europes most carbon-intensive industries. Germany, known for its ambitious climate targets, has pledged to become greenhouse gas neutral by 2045.
Spanish utility Iberdrola is aiming to become one of Europe’s top green hydrogen producers with a 200-megawatt electrolyzer project and plans for 600 MW more. Green hydrogen on the rise across Europe. Iberdrola’s electrolyzer plans come amid a growing push for green hydrogen across Europe. billion ($2.1 billion ($1.8
We began our sustainability journey over 25 years ago, and since then have made good progress, particularly in cutting carbon emissions. By 2030, Dow will reduce its net annual carbon emissions by five million metric tons versus its 2020 baseline. And by 2050, Dow intends to be carbonneutral. Our commitments.
MEPs have called on the European Commission deliver a "massive" €2tr coronavirus recovery fund next week that prioritises the proposed Green Deal agenda to transform Europe into the world's first net zero continent by 2050.
Company behind Hardy's and Echo Falls says its core range has been certified as carbonneutral. The company behind bestselling wine brands Kumala, Hardys, and Echo Falls has announced that its core range has now been certified carbonneutral.
The unprecedented quantity of Extended Producer Responsibility legislation that has been greenlighted so far this year – across Europe – no doubt signals a new level of environmental awareness on a governmental, rather than merely social level. Green Deal legislation has proven most adaptable to the times.
The EPP is vociferously opposing two major pieces of legislation from the EU’s Green Deal, a historic package by the bloc to reduce its emissions in line with global climate targets. It includes key reforms that are currently making their passage through Europe’s lawmaking bodies. Bogovič said NGOs don’t approach him. million (£3.7
Tech giant Microsoft has this week formally joined the European Corporate Leaders Group (CLG Europe), building on its recent commitment to become a net negative emission company. CLG Europe brings together influential European businesses which share the aim of delivering climate neutrality through "progressive public policy".
These materials are often used to package fruit and vegetables but are also very common in industrial applications. schools, offices, etc.). The study presents an opportunity to revolutionise plastic recycling across Europe, especially in commercial and industrial sectors. It has set a commitment to be carbonneutral by 2030.
Prime Minister says commitment to net zero transition is 'undiminished' and tells MPs the aviation sector should look to curb CO2 emissions once flights resume, as pressure mounts on EU for green stimulus package. Aviation like every other sector must keep its carbon lower.". To date, more than 1.2
Carbonneutral by 2050 is the go-to metric (to align with IPCC report goals). Dominion and BP made 2050 pledges; Consumers Energy in Michigan took a big step by committing to carbonneutrality by 2040, moving itself to the front of the pack in this space. (It
Wide-ranging proposals for a new Industrial Strategy to help the EU lead "twin transitions towards climate neutrality and digital leadership" have been unveiled in Brussels, as the European Commission pushes forward with its flagship Green Deal vision.
It has increased carbon capture and storage, biodiversity, and green jobs through work at its two estates – Bunloit and Beldorney. It is also now targeting becoming a net carbonneutral business. improvement on energy storage, leading to significant carbon savings. Its primary project, PRISMA, provides a 20.5%
A sweeping €1.85tr stimulus strategy to rebuild Europe's economy from the wreckage of the coronavirus crisis has been unveiled by the European Commission today, promising a green infrastructure spending blitz to help put the continent on a path towards net zero greenhouse gas emissions by 2050. This is Europe's moment," she said.
Customers in Europe will be able to buy their shampoo in a 'refill pouch' made from 60 per cent less plastic than a standard brand bottle and, once home, decant its contents into a reusable aluminium bottle, the company explained. It's no longer about if or what we can do, but how quickly we can do it.
A report published yesterday by climate think tank Ember notes that between January and June renewables generated 40 per cent of Europe's electricity, for the first time ever eclipsing the electricity share generated by gas and coal. Across the six month period, wind and solar contributed to 22 per cent of Europe's electricity generation.
Starbucks has this week launched a major new trial that could see it offer returnable, reusable cups at over 4,000 stores across Europe, the Middle East, and Africa (EMEA). And in further industry news, Morrisons announced this week that it has become the first UK supermarket to sell its own brand fresh milk in carbonneutral cartons.
Brussels launches major package of accelerated decarbonisation measures, including tax reforms, new clean energy targets, and carbon border tariffs. Europe was the first continent to declare to be climate neutral in 2050, and now we are the very first ones to put a concrete roadmap on the table.
Both Evian and Volvic also set to become 'carbonneutral' in the UK in 2020, claims the French food and drinks giant. Hugh Jones, managing director for advisory at the Carbon Trust, said Danone's efforts demonstrated "real commitment to achieving significant carbon reductions".
According to the survey of over 1,000 senior business decisionmakers, 29 per cent said UK businesses have a strategy for achieving carbon net zero. We need to see more industries commit to a robust strategy to reduce their environmental impact, whether that be through use of electric vehicles, cleaner energy supplies or reduced packaging.".
As MEPs enter talks over EU Council's €1.8tr recovery package and budget deal, many key green questions remain. And most importantly, this is the right deal for Europe, right now.". As such, it remains unclear precisely how the EU will ensure almost a third of its recovery package actually does end up supporting its climate ambitions.
HelloFresh, the global provider of meal kits, has announced it will offset 100 per cent of its direct carbon emissions from its internal operations and offices, as well as all emissions from delivery to customers and corporate travel, as part of its long-term carbon reduction strategy.
EU economic and energy modelling could be overestimating the cost of achieving the Europe's 2030 climate goals, which risks undermining the scale and pace of green investment and decarbonisation required, fresh research by the European Corporate Leaders Group today warns.
Hype’s Strategic Market Entry and Brussels’ Path to Cleaner Mobility In a strategic maneuver that underscores the shifting dynamics of Europe’s transportation sector, French taxi firm Hype has unveiled its ambitious plan to broaden its hydrogen-powered taxi operations into Brussels.
It would therefore appear to be the first UK government support package to come with green conditions attached, following months of appeals from green groups for climate-conditional bailouts to help steer high-carbon industries towards a greener, net zero future. Germany are proven climate leaders.
The Cambridge University Endowment Fund (CUEF) - which at £3.5bn is one of the biggest of its kind in Europe - plans to ramp up investments in renewable energy as it switches off the lights on fossil fuels, Vice-Chancellor Professor Stephen J Toope announced in his annual address yesterday. "The
Raft of energy efficiency, green transport, and hydrogen programmes put at heart of €130bn stimulus package, as Bank of England confirms financial support for airlines. The German government has unveiled plans for a massive €130bn stimulus package that features at least €40bn climate-related spending.
But Europe's largest economy may be on the cusp of a renewed period of change, thanks to the increasing maturity of renewables and the emergence of the Green Party as a major political force. RWE now hopes to be carbon-neutral by 2040, a decade earlier than Merkel's verbal commitment to a 2050 net-zero target.
On July 14, the European Union (EU) announced a sweeping package of climate proposals that will help the continent cut greenhouse gas emissions by 55 percent by 2030, from a 1990 baseline. Our current fossil fuel economy has reached its limit,” European Commission President Ursula von der Leyen said at a press conference. “We CC BY-ND 2.0.
Addressing the European Parliament in Brussels, von der Leyen emphasised that pushing the EU's existing carbon reduction target of 40 per cent to a more stretching 55 per cent by 2030 was "ambitious, achievable and beneficial for Europe", and would enable to bloc to achieve carbonneutrality by 2050 in line with the Paris Agreement. "I
The Action Plan also aims to restrict single-use products and packaging, halt shipments of waste outside the EU, ban the destruction of unsold durable goods, provide consumers with more reliable information on the sustainability of products and packaging, and offer stronger 'right to repair' rules.
Today [April 28] the European Corporate Leaders Group (CLG Europe) released a new report revealing how a transition to a net-zero labour market can alleviate some of the most negative impacts of future megatrends and lead to better outcomes for Europe. Stimulus spending.
The funding, covering the first five-year development phase of a spherical tokamak for energy production, “will set us on the path to develop and build a commercially viable fusion power plant by 2040, offering clean, safe and carbon-free fuel supplies,” said a government press statement. Growing momentum worldwide.
Green Giraffe Advisory acted as the sole financial advisor to the Borrower to structure the debt financing package. “This project will provide low-carbon heating to thousands of households and businesses. The combined support from the EIB, JBIC, ING and Mizuho amounts to €130 million. million grant from the EU Innovation Fund.
Two of Europe's top engineering giants have this week moved forward with plans to accelerate the roll out hydrogen fuelled trains, with projects advancing in both Germany and Italy. Only then can DB be climate-neutral by 2050. South Korea signals plan to strengthen 2030 carbon targets. within our administration's term?for
Green Giraffe Advisory acted as the sole financial advisor to the Borrower to structure the debt financing package. “This project will provide low-carbon heating to thousands of households and businesses. The combined support from the EIB, JBIC, ING and Mizuho amounts to €130 million. million grant from the EU Innovation Fund.
All of the zero-carbon fuel it produces will be shipped to international buyers in the form of ammonia. Even with the ambitious plans from the EU, that cheap hydrogen will most likely find its way into Europe. That $1 trillion-plus stimulus package will try to make the continent carbon-neutral. “By Carbon targets?
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