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Tag: Decarbonization
TD Bank Group launched a new Sustainable & Decarbonization Finance Target to support its customers, clients and the communities it serves by aiming to mobilize $500 billion CAD by 2030 through financial activities including...
Purolator announced it expects to invest approximately $1 billion to electrify its Canadian network over the next seven years. This includes a plan to purchase more than 3,500 fully electric...
Three major groups are joining forces to fight climate change and launch the European Clean Transport Network Alliance (ECTN Alliance), a concrete solution to decarbonize road freight transport. Mobilizing the...
Funding from President Biden’s Clean Energy Plan Will Create New Economic Opportunities Across the Nation and Bolster American Industrial Leadership Globally The Biden-Harris Administration, through the U.S. Department of Energy...
To support the decarbonization of Senegal’s industrial sector, IFC announced a partnership with Sococim Industries, Senegal’s largest integrated cement manufacturer, which will boost low-carbon cement production, create jobs, and help...
Japan’s Tokyo Gas will cut shareholder returns from the next financial year and use freed up funds to invest in technology to slash its carbon emissions, the company said on Wednesday....
Sasol has announced that it has established Sasol Ventures to advance Sasol’s decarbonisation and 2050 net zero ambitions through venture capital. It will invest €50 million over the next five...
The European Commission has approved, under EU State aid rules, a €460 million Spanish measure to support ArcelorMittal España in partially decarbonising its steel production processes. The measure will contribute to...
DOE and DOT Announce $7 Million for New Projects to Accelerate Decarbonization of Medium- and Heavy-Duty Freight Transportation, Releases Funding Notice of Intent to Increase Accessibility and Functionality of EV...
JERA Co., Inc. has entered into a Memorandum of Understanding with Abu Dhabi National Energy Company P.J.S.C. (“TAQA”), one of the largest listed integrated utilities in the Middle East, that...
17 Projects Will Boost Production of Biofuels for Consumer and Freight Transportation in America, Support President Biden’s Decarbonization and Climate Agenda The U.S. Department of Energy (DOE) announced $118 million...
In order to reach 2050 emissions reduction targets, trillions of dollars in public and private capital are needed to adopt and scale green energy technologies, financial experts told participants at...
Nine leading industrial clusters in China, Indonesia, Japan, Spain, and the United States have joined the World Economic Forum initiative, Transitioning Industrial Clusters towards Net Zero, to help industries reduce...
DP World will implement new processes to speed up turn around times at Jebel Ali Port, cutting bunker fuel consumption and reducing emissions. A.P. Moller – Maersk and DP World...
Bain & Company today announced a worldwide strategic partnership with Schneider Electric, a leading global sustainability and engineering consulting business focused on energy management and decarbonization. More than 4,000 companies...
About the Event Since COP26 in Glasgow in 2021, the topic of Climate change has been high on the agenda. Within the marine industry the efforts to reduce the impact...
To further combat climate change, Swedbank has adopted 2030 decarbonisation targets for the lending portfolio. The targets are in line with the global 1.5° C target and have been set...
Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it uses to deliver packages across the...
SE Ventures grows to €1 billion establishing itself as one of the largest venture capital platforms focused on electrification, digitization and decarbonization building on highly successful Fund I track record...
Receives Significant Investor Support for Climate Solutions to Help Decarbonize the Global Economy Reinforces Strength of VoLo Earth’s Purpose-Driven Team of Founders, Investors, and Climate Strategists VoLo Earth, an emerging...
As a result of its joining Net Zero Asset Managers in 2021, BBVA Asset Management has announced its initial targets for decarbonization of assets under management. This initial commitment affects...
KKR, a leading global investment firm, and Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, announced...
Aspen Power Partners LLC, a distributed generation platform with the mission of accelerating decarbonization, announced a $350 million investment from funds managed by global investment firm Carlyle. The investment supports Aspen’s organic...
Volkswagen Group’s new Green Finance Framework (GFF) strengthens the link between its decarbonization and financing strategy Incorporating EU taxonomy enhances transparency for sustainability investors Only capital expenditures for...
Hydrogen could supply up to half of power needs by 2050 Deputy Prime Minister and Minister for Finance Lawrence Wong outlined Singapore’s national strategy to develop hydrogen as a major...
The company accelerates work with suppliers to decarbonize Apple-related production, and expands investments in clean energy and climate solutions around the world Apple has called on its global supply chain...
Fourth vintage of BlackRock’s flagship global diversified infrastructure equity fund series Fund seeks to capitalize on long-term trends of Decarbonization, Decentralization and Digitalization First closing secures commitments representing over half...
Ground-breaking project will establish sector decarbonisation pathways and methodologies for measuring farm-level greenhouse gas emissions Outcomes will be shared publicly and used by Barclays to set emissions reduction targets for...
Volvo Trucks will deliver fully electric heavy-duty trucks to Amazon in Germany by year end. The 20 Volvo FH Electric are expected to drive more than one million road kilometres annually, fuelled...
Customers now have access to GoGreen Plus services for road transportation with DHL Freight, following successful implementation in ocean and air freight GoGreen Plus is part of Deutsche Post DHL...
Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra, a green...
IKEA joins forces with four global companies by committing to EV 100+ to transition to zero-emission electric trucks by 2040. Electrification of road transport is one of the key solutions...
Houston is home to 40% of all publicly traded oil and gas companies The Gulf Coast is responsible for 10% of emissions in the U.S. and 3% of global emissions...
World’s biggest carbon removals deal announced at New York Climate Week Renewable energy leader Drax Group and impact-driven carbon finance business Respira International have announced a pioneering agreement that will...
US$6.2 billion capital investment will eliminate 3 million metric tons of CO2 equivalent emissions per year Operating cost savings of US$818 per year Payback of capital by 2034 Fortescue Metals...
The climate-first venture firm has initiated two new investment funds and a sustainability knowledge hub Extantia’s existing portfolio companies includeH2PRo, INERATEC, GA Drilling, BeZero and Reverion “We provide economically and...
Decarbonization to be based on issuer-specific climate score Corporate bond holdings to be tilted towards issuers with better scores Tilting to be applied to all corporate bond purchases settled as...
Interim decarbonisation targets set for 2030, reinforcing commitment to net zero financed emissions by 2050 Represents one of the most comprehensive sets of decarbonisation targets in global banking industry Bank...
Announces plan to invest up to $1 billion in new, 3.5 GWDC manufacturing facility in the US Southeast Existing Northwest Ohio footprint to be expanded by 0.9 GWDC with $185 million upgrade...
This green hydrogen deal will provide enough annual power for 30,000 forklifts or 800 heavy-duty trucks as it continues on the path to be net-zero carbon by 2040 Amazon has...
Ørsted has set a clear expectation towards all suppliers to use 100 % renewable electricity by 2025, becoming the first energy company in the world to do so. The commitment builds...
Costa Rica continues to forge ahead in its transition to a green economy with net-zero emissions by 2050. The Inter-American Development Bank (IDB) approved a $300 million loan to continue...
Funding Aims to Decarbonize and Accelerate the Electrification of All Vehicles, Slash Fuel Costs for Drivers and Companies The U.S. Department of Energy (DOE) today announced a $96 million funding...
GE has been awarded a contract from Energinet for two F35g 145 kV SF6-free g3 gas-insulated substations (GIS) g3 substations will be installed at the Amagerværket (AMV) and Vigerslev Koblingsstation (VIK) substations, both...
Communique says leaders are committed to “a highly decarbonised road sector by 2030” as well as “a fully or predominantly decarbonised power sector by 2035.” Details of the communique come...
Walmart to demonstrate 15-liter natural gas engine developed by Cummins Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, announced definitive agreements to supply fuel linked to renewable natural gas for...
Lead funders include Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation. The $250M Fund will be used to identify, fund, scale, and measure verified impact solutions to decarbonize and modernize...
China is rolling out so-called low carbon transition bonds to help companies become greener, the country’s interbank bond market regulator said on Monday, as Beijing strives toward carbon neutrality. Under...
Temasek commits an initial amount of S$5 billion to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world GenZero will invest globally...
EV Technology Group launched its sustainability platform today, including an articulation of its ESG aspirations and purpose — to drive the adoption of electric vehicles. EV Technology Group’s sustainability platform outlines...
Booster, the leading mobile energy delivery platform, announces it has raised more than $125 million in Series D funding led by Rose Park Advisors with participation from new investors Chaac Ventures, Equinor...
The ‘E’ element in ESG, which stands for ‘environment’ is not just a choice now, but a necessity, according to Vincent Keaveny, Lord mayor, City of London. While speaking at...
Significant opportunity to achieve city decarbonization goals with improved consistency of standards, policies and reporting of building emissions City governments are setting ambitious sustainability targets, often well ahead of national...
Enertiv, the operational intelligence platform for commercial real estate, has announced the completion of its latest preferred equity financing, as new and existing investors backed the company to play a...
Renewable Energy Group, Inc. is pleased to announce the issuance of its 2021 environmental, social and governance (ESG) report. As the world transitions to clean energy solutions, REG plays a...
Cortex Sustainability Intelligence has released its official report detailing four pressing predictions for sustainability in commercial real estate in 2022. The guide, developed by the decarbonization experts behind the sustainability...
Johnson Controls has acquired Asset Plus, a specialist provider of energy reduction and zero-carbon measures for the UK public sector. Delivering sustainability savings for multiple NHS organisations, local authorities, and...
Archrock, Inc. announced that it has agreed to acquire for cash a minority equity stake in Ecotec International Holdings, LLC, a global leader in methane emissions monitoring and management. In...
Utility giant National Grid is planning to eliminate fossil fuels from its heating systems in New York state and Massachusetts by 2050, primarily by expanding the use of electric heat...
The Derive VQ Platform improves fuel efficiency across fleet vehicles by an average of 8.3% during driving and up to 20% during idling, reducing fleet greenhouse gas emissions A new...
Air Liquide and Eni have entered into a collaboration agreement aimed at assessing decarbonization solutions in the Mediterranean region of Europe, focused on hard-to-abate industrial sectors. The two companies join forces...
Williams announced it will utilize Context Labs’ Decarbonization as a Service™ (DaaS™) technology solution to support the gathering, marketing and transporting of responsibly sourced gas from well-head to end-user. This...
Kimmeridge Carbon Solutions to seed Chestnut with up to $200 million Chestnut announces concurrent strategic acquisition of Forest Carbon Works, a differentiated developer of forest carbon offsets Forest Carbon Works focuses...
Compology, the leading sustainable waste metering company, announced that it has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies in the Social Good category for 2022. This award...
8 Rivers Capital, LLC announced a USD$100 million investment from SK Group, along with the establishment of an 8 Rivers-SK joint venture to focus on decarbonization of Korean and key Asian markets. ...
Aspen Power Partners, a distributed generation platform with the dual mission of accelerating and democratizing decarbonization, recently announced with its latest financing round it has raised $120 million of capital from...
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