Tag Archives: carbon neutrality

Neste’s Renewable Diesel Enables Helsinki Airport to Achieve Net-Zero Emissions Certification

(IN BRIEF) Neste’s renewable diesel has played a pivotal role in helping Finavia’s Helsinki Airport become the fifth facility in Finland to achieve net-zero emissions in its operations, under the Airport Carbon Accreditation (ACA) program. With 90% average greenhouse gas … Read the full press release

Gasum Supports Raseborgs Energi in Electrifying District Heating with Multi-Market Optimization

(IN BRIEF) Gasum is providing its Multi-Market Optimization (MMO) service to Raseborgs Energi, which is commissioning a new electric boiler to electrify its district heating production. The boiler will allow Raseborgs Energi to switch between electricity and biofuel-based heat production … Read the full press release

E.ON Partners with CyrusOne to Deliver Local Power Generation Solutions and Boost Frankfurt Data Center Capacity

(IN BRIEF) E.ON has partnered with CyrusOne to design and implement local power generation solutions for data centers, starting with the FRA7 data center in Griesheim, Germany. This innovative solution will add 61 megawatts of power to the facility by … Read the full press release

EIB Provides €90 Million Loan to Bordeaux Métropole Énergies to Drive Green Transition in Gironde

(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release

Snam Overhauls Sustainable Financing Framework with Green and ESG-Linked Pillars

(IN BRIEF) Snam has introduced a revamped Sustainable Financing Framework built around two strategic pillars—Green Financing and Sustainability-Linked Financing. The Green pillar focuses on EU Taxonomy-aligned investments like pipeline retrofits, while the Sustainability-Linked pillar ties funding costs to ESG performance … Read the full press release

HomeForOurPlanet: IKEA Spain and Guggenheim Bilbao Ignite Youth Innovation for Climate Solutions

(IN BRIEF) IKEA Spain, together with the Guggenheim Museum Bilbao and Ingka Group, is launching the HomeForOurPlanet ideas competition across Spain, targeting young people between 18 and 35. This initiative is designed to mobilize innovative solutions to combat the climate … Read the full press release

DB Schenker and Mercedes-Benz Set a New Record in Sustainable Aviation Fuel Usage

(IN BRIEF) DB Schenker and Mercedes-Benz have set a new industry benchmark by finalizing the largest-ever order of Sustainable Aviation Fuel, amounting to roughly 13,000 tons. This significant purchase is expected to cut CO2e emissions by 40,000 tons for Mercedes-Benz … Read the full press release

BASF Coatings and NIO Forge Strategic Alliance to Transform Electric Vehicle Coatings

(IN BRIEF) BASF Coatings and NIO have signed a Letter of Intent to establish a long-term strategic partnership focused on enhancing automotive exterior coatings for NIO’s electric vehicles. The agreement outlines a framework for annual strategic dialogues, covering market development, … Read the full press release

KUKA Sets Ambitious Carbon Neutrality Goals, Aiming for 90% Emissions Reduction by 2050

(IN BRIEF) KUKA Group has set ambitious environmental goals, aiming for carbon-neutral production by 2050 and a 90% reduction in emissions along its value chain. The company plans to reduce its own emissions (Scopes 1 and 2) by 40% by … Read the full press release

Alfa Laval to Host Online Net Zero Event on Advancing the Circular Carbon Economy

(IN BRIEF) Alfa Laval will host an online Net Zero event on March 4th at 15:00 CET, bringing together experts to discuss the shift away from fossil carbon to a circular carbon economy. The event will explore how industries such … Read the full press release

STMicroelectronics and TotalEnergies Forge Historic PPA to Power Operations with 100% Renewable Energy in France

(IN BRIEF) STMicroelectronics has signed its first physical Power Purchase Agreement (PPA) with TotalEnergies to secure renewable energy for its operations in France. The 15-year contract will deliver 1.5 TWh of clean power from two new wind and solar farms, … Read the full press release

DNV Supports Grenergy in Securing USD 299 Million Financing for Landmark Renewable Energy Project in Chile

(IN BRIEF) DNV has assisted Grenergy in securing USD 299 million in financing for the Víctor Jara phase of the Oasis de Atacama project in Chile, which is set to be the world’s largest battery energy storage system. The project … Read the full press release

Eni’s Enilive and Poste Italiane Partner to Supply Biofuels for Ground Vehicles and Aircraft

(IN BRIEF) Enilive, a subsidiary of Eni, has partnered with Poste Italiane to supply biofuels for its ground and air fleets, aiming to accelerate Poste Italiane’s progress toward its 2030 energy transition and carbon neutrality goals. The collaboration involves supplying … Read the full press release

Collaboration for Carbon Neutrality: Swedish Companies Initiate Hydrogen and Biofuel Value Chain

(IN BRIEF) Boliden, Nevel, Skellefteå Kraft, and Sveaskog have entered a letter of intent to conduct a feasibility study for establishing a hydrogen and biofuel value chain in Västerbotten, Sweden, with the aim of reducing CO2 emissions, particularly at the … Read the full press release

EIB Invests €150 Million in Bhutan’s Renewable Energy Drive: A Step towards Carbon Neutrality

(IN BRIEF) In a landmark move, the European Investment Bank (EIB) has granted a €150 million loan to Bhutan, marking its first-ever investment in the country. This funding aims to bolster Bhutan’s renewable energy sector, particularly through the development of … Read the full press release

Sustainability Milestones: Siemens’ Fiscal Year 2023 Report

(IN BRIEF) Siemens has released its Sustainability Report for fiscal year 2023, highlighting substantial progress in sustainability efforts. Since 2019, the company has reduced its own CO2 emissions by 50%. Over 90% of Siemens’ business supports sustainability, helping customers avoid … Read the full press release

Versalis Publishes 2022 Sustainability Report Outlining Commitment to Carbon Neutrality

(IN BRIEF) Versalis, Eni’s chemical company, has released its 2022 Sustainability Report, highlighting its efforts to contribute to sustainable and circular models in alignment with Eni’s strategy. The report outlines Versalis’ targets for achieving carbon neutrality by 2050 and emphasizes … Read the full press release

Evonik’s Health Care Site in France Achieves Carbon Neutrality, Advancing Sustainable Practices

(IN BRIEF) Evonik’s Health Care production site in Ham, France, has achieved carbon neutrality by reducing its direct and indirect greenhouse gas emissions to zero. This milestone aligns with Evonik Health Care’s commitment to becoming carbon neutral in Scope 1 … Read the full press release

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release

Flat Glass Industry Set to Decarbonize with Saint-Gobain and AGC Collaboration

(IN BRIEF) Leading sustainable flat glass manufacturers AGC and Saint-Gobain have announced a collaboration to design a pilot flat glass line aimed at significantly reducing direct CO2 emissions. The project involves refurbishing AGC’s patterned glass production line in Barevka, Czech … Read the full press release