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RBC Adds “Decarbonization Finance” Category for Hard-to-Abate Sectors to Sustainable Finance Framework

ESG Today

The bank introduced criteria for activities to be eligible under the new category, including the activity being an eligible decarbonization activity and the client having a sufficiently robust transition plan. RBC set a goal in 2021 to mobilize $500 billion in sustainable finance by 2025. ”

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Schneider Electric and Microplásticos Work Together To Decarbonize Supply Chain

3BL Media

Collaboration will support Schneider Electric’s Zero Carbon Project to decarbonize supply chain. RUEIL-MALMAISON, France, November 21, 2022 /3BL Media/ - Schneider Electric and long-time supplier Microplásticos today announced joint efforts to accelerate decarbonization efforts.

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Power Producers Assess Investment Priorities, Trade-Offs as Decarbonization Pressures Mount

3BL Media

energy sector stakeholders are seeing pathways to achieve their decarbonization targets through mature solutions: energy efficiency, battery energy storage and renewable power generation. That plant initially will operate on a blend of hydrogen with natural gas starting in 2025, then incrementally expand to use 100 percent hydrogen by 2045.

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Deutsche Bank Ties Senior Exec Compensation to Loan Book Decarbonization Goals

ESG Today

Deutsche Bank announced an update to its Long-Term Incentive plan for Management Board members, the most senior executives in the company, with a portion of compensation for the group linked for the first time to the decarbonization of the bank’s corporate loan portfolio, beginning in 2024.

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Commitment to Customers, Transparency, and Decarbonization

3BL Media

Ultimately, I believe that our technology-agnostic approach to decarbonization will ensure that we have access to the lowest-cost solutions when they are economic at scale. NRG’s climate goals are to reduce GHG emissions by 50% by 2025 from the current 2014 base year and to achieve net zero by 2050.

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Saint-Gobain Signs 15-Year Solar Power Supply Agreement to Decarbonize Industrial Sites

ESG Today

Construction materials and services company Saint-Gobain announced a new 100 MW, 15-year renewable Power Purchase Agreement (PPA) with TotalEnergies, aimed at helping to decarbonize the company’s North American industrial sites. provides concrete solutions enabling our industrial customers to decarbonize their electricity consumption.”

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EU Lawmakers Announce Deal to Decarbonize Maritime Shipping

ESG Today

Lawmakers at the European Parliament and members of the EU Council announced today that they have reached an agreement on “FuelEU Maritime,” a new regulation mandating reductions in emissions in the maritime transport sector, with targets beginning as soon as 2025.

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