3BL Media

DECEMBER 14, 2023

VANCOUVER, Canada, December 14, 2023 /3BL/ - DP World , a global leader in integrated supply chain solutions, has endorsed a new Memorandum of Understanding (MOU) aimed at establishing an international green shipping corridor linking Canada’s West Coast with ports in Asia and the Middle East. This endeavour is bolstered by a substantial $165.4

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Energy Central

MAY 13, 2024

One of the Great Lakes’ largest shipping ports is transforming part of a large warehouse into an “electrification hub” to anchor its emission-cutting efforts in the coming decades. The project is among the Cleveland-Cuyahoga Port Authority’s first steps toward its goal of net-zero emissions for its own operations by 2050.

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ESG Today

JULY 7, 2023

Maritime shipping accounts for around 3% of global greenhouse gas emissions, and are on track to roughly double by 2050 under most economic scenarios. Maritime shipping accounts for around 3% of global greenhouse gas emissions, and are on track to roughly double by 2050 under most economic scenarios.

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3BL Media

NOVEMBER 14, 2022

This episode reveals the answer to that question through the shared expertise of Sumit Bose , journalist and founder of future Net Zero , Remi Paccou , Director of Sustainability Research at Schneider Electric, and Victoria Burrows , Director of Advancing Net-Zero at the World Green Building Council.

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Energy Central

MARCH 12, 2024

FUEL FOR THOUGHT Methanol for Passenger Ships Behind its high degree of acceptance by shipowners, lies years of work to prove and improve on the concept of methanol as a marine fuel. The decision by more and more leading shipping companies to adopt methanol as fuel is a signal.

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3BL Media

MAY 17, 2022

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.

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Environmental Finance

DECEMBER 18, 2023

Shipping firms could turn to more sustainability-linked finance after the IMO delivered a long-awaited net zero transition plan. Ahren Lester reports

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GreenBiz

AUGUST 1, 2022

Experts say getting to net-zero will require more research and government support.

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GreenBiz

NOVEMBER 30, 2021

Policy-making at every level plays a critical role in this transition.

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ESG Today

OCTOBER 24, 2023

Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supply chain, as well as financed emissions. This will allow us to continuously refine our own Transition Plan.”

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ESG Today

SEPTEMBER 6, 2023

Moller – Maersk and Amazon announced today an agreement for ocean shipping utilizing low to very low GHG emissions biofuels in place of fossil fuels. Amazon has set a goal to achieve net zero carbon emissions by 2040 across its value chain. We share a common goal with Amazon to reduce our total GHG emissions to net zero by 2040.

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3BL Media

JULY 12, 2022

The report affirms Crowley’s pledge to achieve net-zero emissions by 2050 to minimize impact on the globe — on a trajectory aligned with the latest climate science. based maritime company to partner with Salesforce and implement, with PwC, its Net Zero Cloud to calculate and analyze greenhouse gas emissions across the full value chain.

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ESG Today

DECEMBER 6, 2023

Global food and beverage company Nestlé announced today a series of agreements enabling the company to shift the equivalent of half of its global shipping needs to alternative, lower-emission fuels, effective immediately. Under the deal signed with Maersk, Nestlé will use Maersk’s ECO Delivery solution for 100% of ocean containers shipped.

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ESG Today

JUNE 26, 2023

The new dual-fuel ships, to be built by Yangzijiang Shipbuilding Group, will have capacity of 9,000 containers, and are expected to be delivered in 2026 and 2027. Boulos added: “With this order, we take another step in the green transformation of our fleet and towards our target of becoming net-zero in 2040.

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ESG Today

NOVEMBER 16, 2023

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 net zero by 2050.

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Energy Central

SEPTEMBER 17, 2023

World's first bio methanol ship "Green methanol is our fuel of choice. because it is the only scalable solution that can meet the net-zero (carbon emissions) requirements," Maersk chief executive Vincent Clerc said at the inauguration ceremony. Today, the world's first container vessel sailing.

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3BL Media

SEPTEMBER 29, 2023

times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). South Pole can help you navigate the existing framework as well as the new net zero guidance (FINZ) which will replace it in Q4 2023. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8

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Envirotec Magazine

DECEMBER 5, 2023

A new report sets out a strategy for achieving net zero concrete and cement. The sector currently generates 8% of global CO2 emissions: more than aviation and shipping combined. The challenge of increasing emissions is becoming more urgent as production of concrete and cement is increasing to meet global needs.

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ESG Today

DECEMBER 19, 2022

C, and supporting the transition to a net zero economy by 2050. Along with the release of the climate strategy, ABN AMRO announced that it is joining the Net Zero Banking Alliance (NBZA). The post ABN AMRO to Align Lending, Investment Portfolios with Net Zero appeared first on ESG Today.

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ESG Today

OCTOBER 17, 2023

Moller – Maersk aimed at reducing to reduce Inditex’s global greenhouse gas (GHG) footprint from ocean shipping through the use of low carbon fuels. In 2021, the company pledged to transition its ocean freight to zero-carbon shipping by 2040.

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GreenBiz

JULY 8, 2020

Amazon's plans to decarbonize its shipping supply chain isn't just focused on electrifying its delivery vans. Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. Amazon to buy bio jet fuel to lower air cargo emissions. Pull Quote.

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Chris Hall

DECEMBER 7, 2023

The shipping industry’s green transition will be stuck in the slow lane without incentives and rules to drive more private investment to diverse innovations, COP28 heard yesterday. Governments also announced plans to collaborate on green shipping corridors, including Singapore and Australia , the US and UK , and Portugal and Brazil.

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ESG Today

OCTOBER 18, 2023

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.

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Envirotec Magazine

NOVEMBER 9, 2023

Coal-fired power plant chimneys: In fast-growing economies, rapidly increasing energy demand is triggering investment in both low carbon and fossil fuel generation, leaving certain countries, including India and China, unlikely to reach net zero until much later. Progress across different sectors is varied.

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Chris Hall

NOVEMBER 9, 2022

Sharm El Sheikh sees progress on accountability and transparency of net zero pledges, but many admit need for regulatory intervention. . New mechanisms for keeping private sector climate promises have taken big steps forward at COP27 this week, while major banks provided limited visibility on their path to net zero. .

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Environmental News Bits

JUNE 16, 2022

Shipping must align with the Paris Agreement temperature goal and be run entirely on net-zero energy sources by 2050. Over 200 signatories to the industry-led Call to Action to decarbonize shipping firmly believe that urgent and equitable decarbonization of the maritime supply chain by 2050 is possible and necessary.

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3BL Media

MAY 19, 2022

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.

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ESG Today

NOVEMBER 9, 2023

Despite progress on scaling up low carbon energy production and industrial technologies, significant barriers remain in the way of the global ambition to achieve net zero emissions by 2050 and to limit temperature rise 1.5°C,

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Environment + Energy Leader

APRIL 14, 2023

While most companies have set net-zero goals, some enterprises are having a more challenging time: shipping and airlines, which are hard to electrify and thus decarbonize. The post Here’s How The Shipping And Airlines Sectors Plan to Hit Carbon Neutrality appeared first on Environment + Energy Leader.

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B the Change

FEBRUARY 25, 2023

If you’re a company interested in climate change, zero might be the most important number. Net zero” is the lens many businesses are using to address their climate impacts. As of October 2022, more than 8,000 companies globally have made commitments to net zero under the United Nations’ Race to Zero Campaign.

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ESG Today

JUNE 21, 2023

The shipping industry accounts for approximately 3% of global greenhouse gas emissions, and is facing increasing pressure to address its climate footprint, as companies look to decarbonize their supply chains, and regulators and governments introduce rules to reduce the sector’s emissions.

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Energy Central

NOVEMBER 16, 2022

Green Hydrogen | Green Shipping Achieving global climate change goals of keeping warming below the Paris target of 1.5 degrees and reducing emissions to net zero by 2050 requires action across all sectors. It also requires solutions that cut across sectors, to enable the fastest possible action and uptake.

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Envirotec Magazine

JANUARY 9, 2024

A study published on 9 January appears to find that green ammonia could be used to fulfil the fuel demands of over 60% of global shipping by targeting just the top 10 regional fuel ports. 90% of the world’s physical goods trade is transported by ships which burn heavy fuel oil and emit toxic pollutants.

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Energy Central

JULY 3, 2023

Shipping | Net Zero Global maritime industry faces a major decision on curbing carbon as pressure grows for a net-zero target.

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ESG Today

OCTOBER 6, 2022

The ships, each with a nominal capacity of approximately 17,000 containers, are to be delivered in 2025. Running on green methanol, the ships are expected to save about 800,000 tonnes of CO2 emissions annually. The post Maersk Orders Six Green Fuel-Powered Large Ships appeared first on ESG Today.

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Environmental News Bits

JUNE 3, 2021

In this report, Citi’s Sustainable Finance team takes a detailed look at two hard-to-abate sectors — transport (road freight, aviation and shipping) and industry (cement and steel) — which need to be focused on to successfully meet net zero emission commitments.

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McKinsey Sustainabilty

APRIL 20, 2023

Industry leaders know they must adopt new fuels in order to decarbonize. Is a multifuel future in store?

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