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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.
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. Electric vehicles had a 21.5% in Canada overall and 8% in the U.S.).
The agreement follows the release earlier this year by Maersk of goals to reduce emissions across its operations and supplychain, and the achievement by the company of validation of its goal to achieve net zero by 2040 by the Science Based Targets Network. Currently, the company has seven vessels that utilize the fuel.
Under the new law, companies will be required to begin reporting on Scope 1 and 2 emissions in 2026, covering the prior fiscal year, and on broader value chain Scope 3 emissions in 2027.
According to the FAQ, while a firm date for reporting on Scope 1 and 2 is yet to be finalized, the disclosures will begin in 2026, covering the previous fiscal year, while Scope 3 emissions reporting will begin in 2027.
A recent survey by McKinsey and Aviation Week of more than 135 companies found that broader commercial-aviation supplychain respondents were less confident about the business case for a next-generation single-aisle (NGSA) aircraft.
With offshore wind poised for significant growth, Paul Cairns, CEO of Charge Offshore, calls on wind farm developers to support sustainable, decarbonised expansion by ramping up industry-wide, collaborative efforts to electrify operations and maintenance fleets.
Sonichem is working towards the opening of its first commercial plant in 2027, which is expected to be based in Scotland and will process up to 15,000 tonnes of forestry material annually. In the past, we explored various methods before developing the ultrasound technology to do so effectively. The UK generates approximately 4.5
Ross McLory (left) Head of Business Development for Industrial and Commercial at SSE Energy Solutions and Donald MacBrayne, Business Development Manager at Scottish Water Horizons (image credit: Iain Ferguson, The Write I).
Growing business momentum Across EU member states, companies are already innovating and transforming their firms to compete in the new clean energy economy and build more resilient supplychains. As highlighted by climate ministers, an ambitious and science-based NDC is a condition for the EU to maintain its global leadership.
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. Our Steel Strategy will also deliver £2.5
EBA building climate into 2027 stress test and monitoring other environmental risks 17 July 2025 Climate-related risks will be assessed in the 2027 EU supervisory stress test, the European Banking Authority (EBA) said, as it revealed it will progressively look to integrate more detailed climate-related analysis into its tests.
The UK has the highest industrial energy costs in the developed world. On energy prices, the Strategy outlines plans to reduce electricity costs by up to 25 per cent from 2027 for electricity-intensive manufacturers in growth sectors and foundational industries in their supplychain.
The project, Auto-SAS, and annonced on 26 June, will be delivered jointly by AtkinsRéalis and Createc, working in partnership as ARCTEC to combine their joint experience and track record of developing automated systems and robotics in nuclear. ” The project is being undertaken in two phases. – GOV.UK
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.
It has become increasingly apparent that private sector support will be needed to fulfil the New Collective Quantified Goal (NCQG) – putting greater onus on the crowding-in role of multilateral development banks. The UK, it’s worth noting, recently confirmed its CBAM plans for 2027.
April has been an eventful month for the worlds energy grids, lets look at some of the key developments. Energy systems are increasingly dependent on IT at every stage of the supplychain-generation, transmission, and distribution- all of which must be protected. In the U.S.,
China’s expertise in energy planning, market investment and clean-energy technology could help them redraw their plans and roadmaps for the energy transition and economic development, and in doing so deepen China’s cooperation with Africa and the Southeast Asian nations. Education 5. Gender equality 6. Economic growth 9. Infrastructure 10.
EBA building climate into 2027 stress test and monitoring other environmental risks 17 July 2025 Climate-related risks will be assessed in the 2027 EU supervisory stress test, the European Banking Authority (EBA) said, as it revealed it will progressively look to integrate more detailed climate-related analysis into its tests.
Under a new amendment to the European Unions Batteries Regulation, a battery passport which can be thought of as a kind of sustainability certificate must be embedded in every electric car sold in the European Union by the end of February 2027. The supplychains are very complex. firm that created the technology.
COVID-19, 3D printing and the digital supplychain reckoning. It took mere weeks to showcase their potential as enablers of flexible supplychains — capable of decentralizing worldwide production and responding to violent, unforeseen disruption. SupplyChain. Heather Clancy. Thu, 05/14/2020 - 03:28.
Meanwhile, the International Energy Agency (IEA) estimates 2,400 gigawatts of clean energy will be deployed globally between 2022 and 2027. Or will global supplychains still be essential in keeping the grid – and our EVs – powered? But while the U.S. In view of its findings, let’s break down whether the U.S. As much as the U.S.
trillion , an amount expected to reach almost $5 trillion by 2027. And it not only categorizes and analyzes ingredients but also connects food companies with suppliers, acting as an efficient middle man in the supplychain. In 2018, the global packaged food industry generated $2.77 Journey Bites is a proof-of-concept product.
Q&A with Israel David Salinas, SVP of Global SupplyChain and Production Innovation. We sat down with Israel David Salinas, Senior Vice President of Global SupplyChain and Product Innovation at Gildan to hear more about the future of circularity at the Company. Zero manufacturing waste by 2027.
Organizations are developing net-zero emissions strategies to take tangible climate action. The global supplychain continues to contribute to a significant part of our social and environmental impacts. These strategies often require close collaboration with customers, business partners, and suppliers.
farmers including partnerships with BIPOC farmers in producing 140 million pounds of industrial hemp next year, putting the company on a trajectory to provide the volume necessary to meet the scale requirements for supplychains in target industries including paper and plastics. for several years and are multigenerational farmers.
Created along the wheat supplychain with farmers, cooperatives, millers as well as agronomists, environment specialists, and NGOs, the Harmony program seeks the commitment of local farmers to follow more sustainable practices in wheat farming. Cage-free eggs We use eggs as ingredients in a few of our products.
We took a couple of years to develop a really in-depth baseline. Our baseline is from 2017, and that covers our entire value chain. And then, for our Scope 3 emissions, which is our largest impact, we collected data from our contracted factories, from logistics and across our entire value chain. Renne-Malone: Absolutely.
Over the next three years, the initiative will develop a comprehensive plan to mitigate climate risks to port infrastructure, operations, and surrounding communities. By endorsing initiatives like this one, the company demonstrates its role in fostering resilience across supplychains and protecting critical infrastructure.
Doing so could increase the sustainability of the technology’s supplychain and reduce the need to mine critical minerals, while providing a cheaper way of building out grid-scale storage. The facilities are meant to prove the idea works, after which B2U plans to sell its hardware and software to other storage-project developers.
It’s like one big transmission and distribution bottleneck, globally.” And yet, while solar currently accounts for only 4 to 5% of global electricity generation its installed power capacity is projected to surpass coal by 2027, making it the largest in the world, according to the International Energy Agency (IEA).
Read the full story at SupplyChain Dive. US Foods will work with its suppliers to develop emission reduction goals by 2027, part of the food distributor’s overall plan to reduce its environmental footprint, according to a press release last week.
The Global Wind Organisation (GWO) and Global Wind Energy Council (GWEC) have published their latest joint report forecasting the numbers of wind technicians required to construct, install, operate, and maintain (C&I and O&M) the anticipated global wind fleet up to 2027.
With 50% of global plastic waste ending up in landfills and only 9% recycled, GR3N developed MADE , the Microwave Assisted DEpolymerization solution. We’ve been able to reconfigure our systems quickly when we see opportunities to improve efficiency, while avoiding supplychain issues due the hardware agnostic nature of the system.
The new bill did include a few amendments, however, including slightly easing Scope 3 emissions reporting timing, which will still begin in 2027, but rather than being required within 180 days after disclosure of Scope 1 and 2 emissions, it will now be done according to a schedule specified by the California Air Resources Board (CARB).
The project plan is scheduled for a start-up of the electric melting furnace in 2027. The investment will enable employees at the Hällekis plant to develop their skills in operating a state-of-the-art electric melting furnace and working with a new, and more energy-efficient melting process with lower greenhouse gas emissions.
Germany – which has ruled out providing subsidies for gas-fuelled hydrogen production – signed a deal with Canada this summer to support the development and export of “green” hydrogen, which is made using renewable power such as offshore wind. A number of governments agree.
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. The first all-EV manufacturing facility in Ontario was developed in late 2022 for General Motors.
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.
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
battery manufacturing positioned to grow 10-fold by 2027 China is home to 6 of the top 10 battery manufacturers in the world today. Still, as of 2022, there are 8 new facilities in the Midwestern and Southern United States, with many more in development. The demand for battery parts and.
As passed in the Assembly, SB 253 ’s disclosure obligations would begin in 2026 for Scope 1 and 2 emissions, and in 2027 for Scope 3 emissions, with measurement and reporting to be performed according to the Greenhouse Gas Protocol standards. Newsom’s statement follows recent comments by the U.S. SB 261 applies to U.S.
Noting these developments, the consultation paper said: “In light of the growing support and demand for use of the ISSB Standards, alignment with these developments is exponentially crucial for Malaysia as an export-oriented country that is intricately integrated into global supplychains.”
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