article thumbnail

Sofidel Commits to Net Zero by 2050

3BL Media

The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.

Net Zero 147
article thumbnail

Delivering Net Zero - What It Takes in the Telco Industry

3BL Media

Taking action to achieve Net Zero right now is more important than ever, as we only have a narrow window of opportunity to keep the increase in temperature within 1.5?C. The industry has made a commitment to reach net zero by 2050 at the latest. Now is the time to act and realize a Net Zero ambition.

Net Zero 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

LEGO Group Signs 9-Year Carbon Removal Deal with DAC Provider Climeworks

ESG Today

The LEGO Group said that while its priority will remain on reducing emissions from its factories, offices and stores, and supply chain, direct air capture and storage will become part of its portfolio of initiatives to address its carbon emissions, and that the new agreement will help support Climeworks as it scales its carbon removal solutions.

article thumbnail

DHL Invests $85 Million in Biomethane Production to Power Trucks

ESG Today

DHL Group’s contract logistics division DHL Supply Chain announced an €80 million (USD$85 million) investment into a dedicated biomethane production facility in Cork, Ireland, run by biogas developer Stream BioEnergy.

article thumbnail

General Atlantic’s Climate Fund BeyondNetZero Acquires Majority Stake in Real Asset ESG Data Provider GRESB

ESG Today

Founded in 2009, Amsterdam-based GRESB provides standardized and validated ESG data for real estate and infrastructure investments globally. With buildings and real estate accounting for 40 percent of global greenhouse emissions, data is key to unlocking the opportunity to deliver net-zero, resilient assets.

article thumbnail

Industrial Decarbonization Startup GlassPoint Raises $8 Million

ESG Today

Founded in 2009, New York-based GlassPoint designs and manufactures solar steam generators that use solar thermal technology to generate steam, reducing carbon emissions in hard-to-abate industries like mining and metals, chemicals, construction materials, and desalination.

article thumbnail

Earth Overshoot Day 2023: Reversing the Clock for a Sustainable Future

3BL Media

More than 2,100 companies out of those have made net-zero commitments. SAP has continuously expanded its portfolio of carbon reduction measures since 2009. We accelerated this timeline last year by committing to becoming a net-zero emissions enterprise by 2030 , 20 years earlier than the original target.

Net Zero 130