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billion in 2023 and serve customers in more than 160 countries. Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 For more information, visit Eaton.com. Follow us on LinkedIn.
Sustainable aviation fuel is emerging as the most viable path forward for a decarbonized aviation industry, if the 2023 Farm Bill provides adequate funding.
Drawing on longstanding pro-CO2 rhetoric in climate denialism, Policy Resolution #12 asks the government to scrap its decarbonization goals, remove the designation of carbon dioxide as a pollutant, and recognize the greenhouse gas as a “foundational nutrient for all life on Earth.” “I
in 2023, according to a new report released by the European Commission, marking one of the largest declines in decades, with the exception of a 9.8% In addition, electricity generated from fossil fuels decreased by nearly 20% in 2023 compared to the prior year. Net greenhouse gas (GHG) emissions across the EU fell by 8.3%
million) in Series A funding aimed at advancing its technology to decarbonize industrial heat. RIFT believes that its system will decarbonize industrial heat, reducing 1 Gigaton of CO₂ annually from 2050 onwards. Netherlands-based cleantech startup RIFT announced that it had raised €11 million (USD $11.9
The round was led by BlackRock and Temaseks decarbonization-focused fund, Decarbonization Partners, and follows a $25 million Series B financing by the company in July 2023. Energy transition data and analytics company Orennia announced the closing of its Series C growth financing round.
Founded in 2023 by Dr. Lars Amsbeck and Frederick Lessmann, HyperHeat is developing a system that will use renewable sources for the high-temperature heating required by heavy industry. German climate startup HyperHeat announced that it has raised €3.5 million (USD$3.7
Greenhouse Gas Emissions SAIC’s commitment to environmental sustainability begins with decarbonization of our operations. In addition to reporting Business Travel and Leased Assets last year, in calendar year 2023 we are including Employee Commuting and Fuel and Energy Related Activity Emissions.
Date/Time: September 28, 2023 (1-2PM ET / 10-11AM PT) With over 80 percent of emissions coming from outside a company’s direct operations (i.e. in the value chain) in most industries, the path to net zero is simply not achievable without decarbonizing the supply chain.
KKR launched the strategy in 2023 in its infrastructure unit, which the firm said marked an expansion on its focus on climate investing. KKR recently identified decarbonization , and the large scale brown-to-green transition of asset-heavy sectors in particular, as a key mega-theme driving investment opportunities.
VANCOUVER, British Columbia, July 23, 2024 /3BL/ - DP World , a global leader in supply chain solutions, is pleased to engage as a Pilot Partner in the Net Zero Supply Chain (NZSC) Initiative, a collaborative effort dedicated to advancing the decarbonization of Canada's freight-transportation supply chains.
New analysis from McKinsey and the World Economic Forum appears to highlight the vital role of circular retrofitting in conserving natural resources, meeting decarbonization targets, and unlocking substantial economic opportunities.
The report found that most companies are making progress on decarbonization, revealing a 6% annual decrease in average emissions intensity, or emissions per unit of revenue, since the 2016 Paris Agreement. over the prior year, after growing from 27% in 2021.
As a global manufacturer of essential products, Kimberly-Clark’s tissue business is classified as an energy-intensive industry in many markets, which reflects the challenge of decarbonizing. The company is targeting a carbon emissions reduction of 76% in the UK across scope 1 and 2 by March 2023 (compared to a 2015 baseline).
The global shipping industry's decarbonization efforts once again face stormy seas. degrees [of warming] we need to decarbonize by the mid-2030s," he explained. "To To achieve 2 degrees we need to decarbonize by mid-century. degrees [of warming] we need to decarbonize by the mid-2030s. Cecilia Keating. To achieve 1.5
And now, the 2023 federal budget promises $20 billion in new funding for clean power and green infrastructure. And according to Victoria-based Audette Analytics, the sector “is far behind on the road to decarbonization.” Direct air capture (DAC) creates opportunities for hard-to-decarbonize industries to offset their emissions.
The collaboration began in 2023, when Elephantech emerged as a winner in Logitechs Future Positive Challenge. The company remains committed to supporting electronics manufacturers worldwide in their decarbonization initiatives through innovative, environmentally conscious technologies. About Elephantech Elephantech Inc.
Decarbonizing steel has a chicken or the egg problem. And right now, there isn’t enough demand for decarbonized steel for manufacturers to justify investing several millions of dollars into lower-carbon steel facilities. SteelZero commitments represent a new era in heavy manufacturing production. Jesse Klein. Wed, 01/27/2021 - 00:30.
In this latest blog by Kaley Roshitsh, Editorial Director at Cascale, Cascale team members reflect on our 2023 Annual Report. sharing their highlights from the report and reflecting on a year of major milestones and strategic advancements. Read the full blog here.
Our 2023 Triple Net Zero Readiness Study shows that while many companies have committed to net zero goals, only 52% of those surveyed have actionable plans to achieve them. We are uniquely positioned to address the water, waste and energy goals of our municipal and industrial clients, creating the greatest opportunities for decarbonization.
Written by Justin Carron, Director of Buildings and Campuses, Eaton Theres never been a better time to decarbonize healthcare. Were seeing a growing commitment within the healthcare industry to accelerate decarbonization efforts to tackle climate change. More than 130 of the largest U.S. of all U.S.
The post Could cell-cultured human milk be the way to decarbonize baby formula? Breast milk will always be best, but for struggling mothers, lab-cultured breast milk might eventually become a close second. appeared first on Corporate Knights.
More than 40 % of electricity worldwide was non-emitting in 2023, and more than 90% of the growth in net power capacity came from wind and solar. The IEA expects roughly $2 trillion in clean energy investments in 2024, nearly double the amount invested in fossil fuels.
Southern Company today issued its 2023 Sustainability Summary report. Key highlights from the 2023 Sustainability Summary include: Continued shift toward zero- and lower-carbon sources of electric generating capacity such as renewables, nuclear and natural gas, with a 49% reduction in greenhouse gas emissions relative to 2007 levels.
And the analysis shows conclusively that by adding more nuclear generation to our future electricity mix, beyond refits of existing reactors that are already under way, ratepayers would shell out $55 billion more than necessary to decarbonize the Ontario economy.
The post Could cell-cultured human milk be the way to decarbonize baby formula? Breast milk will always be best, but for struggling mothers, lab-cultured breast milk might eventually become a close second. appeared first on Corporate Knights.
The post Could lab-grown breast milk be the way to decarbonize baby formula? Breast milk will always be best, but for struggling mothers, lab-cultured breast milk might eventually become a close second. appeared first on Corporate Knights.
Tampa Bay Water approved a five-year extension to its operating contract with Veolia in 2023, and both parties finalized their agreement to move forward on the expansion project in March. ABOUT VEOLIA GROUP Veolia Group aims to become the benchmark company for ecological transformation.
million pounds of plastic from flights; KKR, ECP to invest $50 billion in datacenter capacity and power generation; law firms ramp up ESG training for lawyers; capital raises for sustainable heating, industrial decarbonization, energy sector emissions solutions, and more.
Compiled in collaboration with market research company Statista, this list highlights European businesses that have achieved the greatest reductions in their emissions intensity between 2018 and 2023. "We In 2024, the company opened its state-of-the-art Innovation Center in Oberhausen, Germany.
Key progress in 2023 includes American's collaboration with Breakthrough Energy and Google Research on groundbreaking contrail avoidance research, which will inform how the industry might address its impact on climate change.
Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group’s commitment is guided by its purpose, “MAKING THE WORLD A BETTER HOME”.
In 2023, PCAF launched an accredited partner program, enabling collaboration with service providers such as consultancies, data providers, and software providers, in order to support financial institutions in applying the PCAF Standard.
VANCOUVER, British Columbia, April 24, 2025 /3BL/ - DP World has successfully completed initial testing of its hydrogen fuel cell rubber-tired gantry (RTG) crane at the Port of Vancouver, marking a significant milestone in decarbonizing its port operations. DP World launched its pilot project in October 2023.
Worldwide, there are more than 95,000 private companies with annual revenues over US$100 million, compared to only 10,000 public companies over that threshold, according to a 2023 report from investment management firm Hamilton Lane. By 2023, Bosch reported that 99% of its electricity requirements were met by green energy.
Originally published in American Airlines' 2023 Sustainability Report Sustainable Aviation Fuel The clearest near-term way to decarbonize aviation based on current technological developments is by transitioning to sustainable aviation fuel (SAF). In 2023, we used nearly 2.7
For example, Keysight’s comprehensive regenerative power supply portfolio and innovative battery emulators are widely used to develop new energy storage systems and charging solutions for the electromobility ecosystem, aligning with decarbonization goals. Read the full 2023 Corporate Social Responsibility Report 1.
DECARBONIZING FOR THE FUTURE The biggest impact we can make to meet our bold sustainability goals is by continuing to execute our product decarbonization strategy, called Destination Zero. Given the impact of those highly influential pacing factors and increased growth in engine volumes, the 2023 emissions increased from the baseline.
Founded in 2023 by former SpaceX and Varda Space Industries engineers Halen Mattison and Luke Neise, General Galactic is developing a modular hardware platform that captures CO2 and converts it into 100% renewable, synthetic hydrocarbon fuel, that is directly compatible with existing energy infrastructure.
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