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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.
Focusing on building decarbonization in their communities not only supports environmental efforts, it also helps cities build a strong economy, jobs and a healthy community for residents. If you are a municipality just getting started on your decarbonization journey, you probably have a lot of questions.
To accomplish this, they collaborated with Trane to create a comprehensive decarbonization program, which was ultimately recognized with an Environment + Energy Leader Award for Energy Innovation. We focused on Scope 1 emissions because we understand that electrification is a key to decarbonization," said Shiroff. Richmond, Ky.,
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%
New York Governor Kathy Hochul unveiled plans to invest more than $1 billion aimed at decarbonizing the states economy. Together we are driving forward with innovative technologies to achieve our decarbonization goals while ensuring economic growth.
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
Between 2000 and 2019, emissions from the aviation sector have risen faster than those from rail, road or shipping – in 2024 alone, GHGs jumped by 5% – while efforts to decarbonize the aviation industry have made little progress. In aviation, there are no silver bullets to decarbonization. Aviation is responsible for 13.9%
Kimberly-Clark UK & Ireland, the manufacturer of household brands including Andrex and Kleenex, has become the first major consumer products company in the UK to sign long-term offtaker agreements for green hydrogen, to decarbonize production of products including toilet and facial tissues.
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
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.
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.
Global management consulting firm Bain & Company and supply chain decarbonization intelligence solutions startup Terralytiq announced the launch of a new strategic partnership, aimed at enabling companies to optimize supply chains for carbon and costs, and to help deliver lower carbon products.
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.
Accelerating decarbonization is an environmental imperative that we must continue driving with innovative solutions to reduce carbon emissions and enhance energy efficiency,” said Scott Tew, VP of Sustainability, Trane Technologies. 15, 1:00pm AZT Revolutionizing Heating and Cooling for Building Decarbonization: Nov.
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.
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.
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.
The company was acquired in 2023 by environmental solutions provider ACT Group. Joining Emitwise’s automated, broad supplier offerings with Green Project’s audit-grade accounting, ACT’s global reach, and an existing suite of decarbonization products undeniably positions us as the solution to beat for supply chains.”
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.
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.
Heat pump startup Aira announced today that it has raised €150 million (USD$174 million) in a new equity financing, with proceeds aimed at supporting the expansion of its operations and product portfolio to help electrify and decarbonize residential heating.
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.
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.
Generally produced from sustainable resources, like waste oils and agricultural residues, SAF is seen as one of the key tools to help decarbonize the aviation industry in the near- to medium-term. Fuel accounts for the vast majority of the aviation sectors emissions.
Cascales Decarbonization Program will benefit from the comprehensive educational offerings provided through FASHION LEAP FOR CLIMATE, further enhancing members capacity to reduce emissions. Establishing these targets is critical to establishing effective decarbonization strategies and cutting emissions.
At the heart of this transformation lies a bold but pragmatic approach to port and vessel decarbonization. Through the “ Our World, Our Future ,” sustainability strategy, we are committed to decarbonizing our port terminals, logistics, and marine services by 2030. Achieving net-zero emission by 2050 is our north star.
HIGHLIGHTS Approximately 54% of the electricity used in our manufacturing sites was renewable, compared to 45% in 2023 (31) Approximately (37)% CO 2e emissions reductions across our manufacturing operations (vs. Electrification combined with our transition to renewable-sourced electricity are drivers of our decarbonization strategy.
Trafigura initially invested in the project in 2023 with the first phase of the project over the past year planting trees on 10,000 hectares. This in turn supports the delivery of high-quality carbon credits, essential in broader efforts to build high-integrity carbon markets.”
The report also reveals a pivotal opportunity to align with the Industry Decarbonization Roadmap (IDR), a sector-wide initiative to reduce greenhouse gas (GHG) emissions by 45 percent by 2030. Scaling up the decarbonization of the energy supply will be crucial for Bangladesh to meet its 2030 climate ambitions.”
This future power output enough for about two million households is a critical element of its strategy to decarbonize sectors like transportation and building heating. Royal Canadian Mint In 2023, Canadas coin producer released its inaugural Impact Report and committed to making its manufacturing carbon-neutral by 2030.
The new decarbonization goal, to be officially presented at the COP29 climate conference currently underway in Baku, Azerbaijan, will form Brazil’s second Nationally Determined Contribution (NDC) under the Paris Agreement.
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.
China, in fact, is the telling detail in this decarbonization narrative. The Canadian government in 2023 kicked in $700 million for the TTCs e-bus fleet.) (RMM runs 391 bus lines that carry 3.3 million passengers per day across Greater Santiago , which has a population of almost seven million people.)
Decarbonizing Ports, One Crane at a Time As bustling hubs of diesel-powered equipment, heavy emissions, and energy-intensive operations, ports have not historically been known for their eco-friendliness. During International Womens Day 2023, workshops for female employees promoted professional development and leadership.
investment from the Inflation Reduction Act (IRA) catalyzed 142,000 new clean energy jobs in 2023 alone , with construction-related employment in energy outpacing the broader economy. million jobs in 2023, adding nearly 75,000 positions from the year before – the most of any sector. In the U.S.,
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.
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.
Trane Technologies is decarbonizing the sectors responsible for more than half of the world's emissions. The great news is that the technology exists today to significantly decarbonize the built environment. In 2023 we launched our Technician Apprenticeship Program , accredited by the U.S.
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.
Initially unveiled in 2023 , and forming part of SAP Sustainability solutions, the new solution provides a carbon accounting system that directly integrates with a companys financial data, according to SAP, by allocating emissions to economic activities and transactions captured by SAPs ERP solutions.
The report also noted that the EU has already achieved a GHG emissions reduction of 37% as of the end of 2023 on a 1990 basis, despite 68% economic growth over the same period, including an 8% reduction in GHG emissions in 2023 alone.
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