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UAE Plans to Invest $54 Billion by 2030 to Meet Sustainable Energy Demand

ESG Today

Speaking at the ADIPEC energy industry conference in Abu Dhabi, Al Mazrouei said that the investments will aim to “decarbonise our economy and achieve net-zero emissions by 2050,” according to state-owned media outlet Emirates News Agency. The UAE is one of the world’s largest oil producers, with average production of approximately 3.2

Net Zero 109
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Alfa Laval Accelerates Net Zero Goal by 3 Years to 2027

ESG Today

Swedish industrial products manufacturer Alfa Laval announced plans to achieve its key interim climate goals ahead of schedule, accelerating its efforts to achieve net zero goals for scope 1 and 2 emissions, and to reduce scope 3 emissions by 50% by 2027, three years earlier than previously announced.

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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

Canada has set national climate goals including commitments to cut GHG emissions by 40% – 45% by 2030 , and to reach net zero emissions by 2050. The oil and gas sector is the largest source of GHG pollution in Canada, accounting for more than 30% of national emissions.

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Veolia Becomes First Company with Net Zero Goals Validated by Both SBTi and Moody’s

ESG Today

France-based water and wastewater services and energy provider Veolia announced that its decarbonization targets have been approved by the Science Based Targets initiative (SBTi), and that its net zero transition plan has been rated as “Advanced” by international ratings agency Moody’s.

Net Zero 108
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Diageo to Use Net Zero Glass Bottles from Hydrogen-Powered Furnace

ESG Today

Global spirits and beer company Diageo announced today a new partnership with glass manufacturer Encirc to build a hydrogen-powered furnace for the first-ever at scale net zero glass bottle production. The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach net zero by 2050.

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Dow to Build $6.5 Billion Net Zero Chemical Plant in Canada

ESG Today

billion project to build the world’s first net zero Scope 1 and 2 emissions ethylene plant in Alberta, Canada. The project will see Dow build a new ethylene cracker and increasing polyethylene capacity by 2 million metric tons annually (MTA), as well as retrofitting an existing cracker to net zero Scope 1 and 2 emissions.

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Google, Intersect Power, TPG Launch $20 Billion Data Center Clean Energy Partnership

ESG Today

The first co-located clean energy project under the new partnership is anticipated to be operational in 2026, and fully complete in 2027.

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