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And increasingly, the provincial and federal governments have been pouring money into the rest of the supplychain, with investments like the one slated for the green fields in Saint-Basile-le-Grand and McMasterville, a short drive from Montreal. As long as we still want to decarbonize the planet, this is a very sound strategy.
Originally published in FedEx's 2024 Global Economic Impact Report Delivering a more sustainable future FedEx works hard every day to make global supplychains smarter for everyone by leveraging advanced technologies to help optimize logistics.
The European Investment Bank (EIB) and Paris-based financial services group Societe Generale announced the launch of a new clean energy financing initiative, aimed at unlocking as 8 billion in investments to support manufacturers across the wind energy supplychain in Europe.
There must be consistency between the NDC for 2035 and the 2040 climate target to ensure that the EU economy decarbonizes at the pace required to reach climate neutrality by 2050, while reaping the economic benefits of early action.
1 Tata Steel UK said the new EAF — set to be commissioned at the end of 2027 — is expected to reduce Port Talbot’s carbon emissions by approximately 90%, equivalent to 5 million tonnes of CO₂ per year, while securing high-quality sustainable steel production and supporting 5,000 UK jobs directly.
New solar installations are expected to decline 7% between 2025-2027. And while data center operators have expressed an interest in generation alternatives such as nuclear and natural gas, long development timelines and supplychain constraints mean that solar is the only resource able to meet the most immediate demand, Gallagher said.
23, LKAB announced that it intends to integrate forward in the steel supplychain and start producing "sponge iron" as a value-added product from its current pellet product, using the HYBRIT process. These steel plants can replace polluting blast furnaces with a process that emits water vapor instead of CO2.
Launched at the United Nations Conference of Parties (COP26) in November 2021, the Energize program is a collaboration among now 12 global pharmaceutical and biotechnology companies to engage hundreds of suppliers in bold climate action and decarbonization of the pharmaceutical value chain.
The company said that the agreement will contribute to its climate commitments under its “Society 2030” sustainability strategy , including a goal to reduce carbon emissions across its supplychain by 2030. The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach net zero by 2050.
Impax Asset Management has long recognized the significant financial and economic benefits that will arise from a shift to cleaner vehicles across company supplychains,” said Julie Gorte, senior vice president, sustainable investing, Impax Asset Management. “We For more information, visit ceres.org and follow @CeresNews.
The new EPA standards will encourage an accelerated shift to cleaner cars and trucks starting with Model Year 2027 and are projected to result in two-thirds of new U.S. Reducing emissions from the transportation sector is critical to the Ceres Ambition 2030 initiative, which aims to decarbonize six of the highest emitting sectors in the U.S.
Global automotive supplier KIRCHHOFF Automotive announced today a seven-year, €130 million agreement with Swedish company H2 Green Steel for the delivery of near zero emissions steel in order to decarbonize its supplychain and achieve its sustainability goals.
Demand for power and specialized technicians is expected to outpace supply, which could constrain the industry’s growth. Meeting corporate decarbonization commitments amid supplychain strain is another challenge. Today, there are approximately 194,000 EV-specialized engineers but 200,000 will be needed by 2027.
These subsidies are due to be paid until 2027 and there is little that can be done to change these subsidies under the terms of the existing contracts for difference. The immediate focus therefore should be on improving the sustainability of existing power plants and their supplychains. New green shoots for UK biomass.
The shipping industry accounts for approximately 3% of global greenhouse gas emissions, and is facing increasing pressure to address its climate footprint, as companies look to decarbonize their supplychains, and regulators and governments introduce rules to reduce the sector’s emissions.
Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. exchange and private companies will need to disclose their full value chain GHG emissions, including emissions from their supplychain.
Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. And the Science Based Targets initiative has published new guidance to outline how larger companies can engage with supplychains and get suppliers to set their own science-based targets.
The contracts will help Cargill, a major Mars supplier, to cut 10% of its overall GHG emissions from its operations by 2025 and to reduce GHG emissions in its global supplychains by 30% per ton of product by 2030. Electrification. We are building new incentives, programs and processes to fill the remaining EV gap by 2030.
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