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Maersk Signs Long-Term Green Methanol Deal with LONGi to Reduce Fleet Emissions

ESG Today

The agreement follows the release earlier this year by Maersk of goals to reduce emissions across its operations and supply chain, 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.

Net Zero 109
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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.

Net Zero 102
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SAP Asks Top Suppliers to Report Product-Level Emissions by 2027

ESG Today

Sustainable procurement practices have become one of the key enablers in achieving net-zero targets.” SAP CFO and Executive Board member Dominik Asam said: “Reducing scope 3 emissions is a key factor on the journey to net zero.

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SAP Focuses on Key Suppliers To Reduce Carbon Emissions

3BL Media

Organizations are developing net-zero emissions strategies to take tangible climate action. The global supply chain continues to contribute to a significant part of our social and environmental impacts. Sustainable procurement practices have become one of the key enablers in achieving net-zero targets.

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CSRD Drives Integration of ESG Into Business Operations

3BL Media

CSRD – Timelines and Structure Based on the status of deployment of the Green deal in January 2024, multinationals will begin reporting in 2025 based on FY2024; large enterprises in 2026 based on FY2025; and publicly listed SMEs in 2027 based on FY2026 (with an opt out option to 2028).

Net Zero 278
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Heat-from-wastewater initiative gets underway in Scotland

Envirotec Magazine

A new strategic partnership between SSE Energy Solutions and Scottish Water Horizons aims to develop low-carbon district heat networks across Scotland, accelerating the country’s journey toward net zero. Heat networks are projected to meet up to 20% of the UK’s heat demand by 2050, according to recent government figures.

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How to Stay Ahead of the ‘Carbon Curve’

Chris Hall

Matthew Germain, Co-lead of Net Zero Policy and Regulation at Osborne Clarke, highlights incoming measures under the EU Carbon Border Adjustment Mechanism. Although these obligations relate to the EU mechanism, UK businesses should take heed that the Labour government is committed to a UK CBAM that is expected by 2027.