Tag Archives: net zero

UK-Saudi Collaboration to Establish Joint Institute for Clean Hydrogen

(IN BRIEF) A consortium of British universities, including Newcastle, Northumbria, Teesside, Durham, and Cranfield, is collaborating with Saudi Arabian universities and industrial partners to establish a Joint International Institute for Clean Hydrogen. Announced by UK Prime Minister Keir Starmer during … Read the full press release

Integrated Wind Solutions Partners with NIB to Drive Offshore Wind Innovation Toward Net Zero

(IN BRIEF) Integrated Wind Solutions (IWS), a Norway-based company focused on the offshore wind industry, is advancing its commitment to renewable energy through a comprehensive range of services that support the entire lifecycle of offshore wind farms. Established in 2020 … Read the full press release

Beiersdorf Sets Bold Net Zero Targets by 2045, Reinforcing Commitment to Sustainability at Hamburg Conference

(IN BRIEF) Beiersdorf, a leading skincare company, has announced its ambitious sustainability goals during the Hamburg Sustainability Conference. The company aims to achieve Net Zero emissions by 2045 and intends to reduce emissions across its entire value chain by 90%. … Read the full press release

Barry Callebaut Sets Path to Net Zero by 2050 with New Decarbonization Roadmap

(IN BRIEF) Barry Callebaut has launched its Net Zero Roadmap, outlining its plan to fully decarbonize its value chain and reach Net Zero emissions by 2050. The roadmap sets an interim target of reducing emissions by 30% by 2030, focusing … Read the full press release

Barclays Cuts Interest Rates on Green Loans to Help UK Farmers Transition to Net Zero

(IN BRIEF) Barclays has reduced interest rates on four of its Green Loans for Business to support UK agriculture and SMEs in their efforts to reduce emissions and enhance biodiversity. This move is part of Barclays’ commitment to financing the … Read the full press release

EIB Grants €50 Million to Upgrade Slovenia’s Electricity Grid, Boosting Renewable Energy and Grid Reliability

(IN BRIEF) The European Investment Bank (EIB) has provided a €50 million loan to Slovenia’s largest energy distribution company, Elektro Ljubljana, to expand and upgrade the electricity grid in the central and southeastern regions of the country. The project, which … Read the full press release

NatWest and BCG Report Highlights £900 Billion Investment Requirement for UK’s Net Zero Energy Supply

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(IN BRIEF) NatWest and Boston Consulting Group (BCG) have released a report emphasizing the substantial financial investment needed to achieve a net-zero energy supply in the UK by 2050, estimating the capital expenditure requirement at over £900 billion. This investment … Read the full press release

BASF Commits to Scope 3.1 Emission Reductions, Targets Net Zero by 2050

(IN BRIEF) BASF, a major player in the chemical industry, has announced new sustainability commitments, including targets for Scope 3.1 emissions. The company aims to reduce its specific Scope 3.1 emissions by 15% by 2030 compared to 2022 levels. This … Read the full press release

Schneider Electric to Advocate for Rapid and Equitable Net-Zero Transition at COP28

(IN BRIEF) Schneider Electric, a leader in energy management and automation, is participating in the COP28 United Nations Climate Change Conference in Dubai. The company’s CEO and Chairman will attend the conference to advocate for an accelerated and equitable transition … Read the full press release

DNV Calls for Urgent Policy Changes and Tech Advancements in Net Zero Emissions Report

(IN BRIEF) DNV’s “Pathway to Net Zero Emissions” report emphasizes the need for immediate and lasting emissions reductions to limit global warming to 1.5°C. The report acknowledges that achieving a fully fossil-free energy system by 2050 is unrealistic and instead … Read the full press release

London Gatwick Airport Achieves Top Environmental Certification, Accelerates Net Zero Commitment

(IN BRIEF) London Gatwick Airport, part of VINCI Airports network, has achieved Level 4+ ‘Transition’ certification in the Airport Carbon Accreditation (ACA) scheme, making it the 13th airport within VINCI Airports to reach this highest level of environmental recognition. The … Read the full press release

Ericsson Introduces Eco-Friendly Packaging to Cut Plastic Use in Supply Chain

(IN BRIEF) Ericsson, in partnership with Deutsche Telekom and Swisscom, has developed a sustainable packaging solution for shipping its Remote Radio products. The packaging materials, designed to reduce the environmental impact and plastic content, are fully recyclable and made from … Read the full press release

UK Receives First Shipment of Net Zero Fertiliser at Southampton Port, Advancing Sustainable Agriculture

(IN BRIEF) Southampton’s port in the UK welcomed a historic arrival of green fertiliser, marking a significant milestone in the country. Grupo Fertiberia’s Impact Zero product line, known for its use of renewable energy during production, was imported by Bartholomews … Read the full press release

Eni and Industry Partners Outline Strategy for Decarbonizing Maritime Sector in ‘The Route to Net Zero’ Document

(IN BRIEF) Eni, in collaboration with industry partners and associations, has presented a strategic orientation document titled “The route to net zero. Decarbonizing the maritime sector.” The document was developed by 40 experts and focuses on analyzing the technological evolution … Read the full press release

Maersk Sets Sail with Sustainable Fuel: Green Methanol Powers World’s First Methanol-Enabled Container Vessel

(IN BRIEF) Maersk, a global leader in container logistics, has successfully secured green methanol for the maiden voyage of the world’s first methanol-enabled container vessel. The company has partnered with OCI Global to deliver green bio-methanol for the journey, which … Read the full press release

Standard Chartered updates net zero roadmap with focus on oil and gas emissions reduction

(IN BRIEF) Standard Chartered has updated its net zero roadmap and announced a target of a 29% reduction in absolute financed emissions for the oil and gas sector by 2030, when calculated from a 2020 baseline. The bank’s approach ensures … Read the full press release

Egyptian General Petroleum Corporation s’associe à DNV pour atteindre ses objectifs de développement durable

(ACTUALITÉ EN BREF) DNV, un expert indépendant en énergie et fournisseur d’assurance, a signé un protocole d’accord (MoU) avec l’Egyptian General Petroleum Corporation (EGPC) pour soutenir leurs efforts dans la définition d’objectifs fondés sur la science pour leurs objectifs nets … Read the full press release

Egyptian General Petroleum Corporation partners with DNV to achieve sustainability goals

(IN BRIEF) DNV, an independent energy expert and assurance provider, has signed a Memorandum of Understanding (MoU) with the Egyptian General Petroleum Corporation (EGPC) to support their efforts in setting science-based targets for their net zero goals. EGPC is aiming … Read the full press release

SEB Investment Management adopts net zero GHG emissions target by 2040 as part of new sustainability policy

(IN BRIEF) SEB Investment Management has updated its sustainability policy, adding new exclusion criteria for biodiversity. The policy focuses on five themes: climate, biodiversity, water, human rights and labour rights, and corporate governance. The fund company will not invest in … Read the full press release

Unilever montre son engagement à long terme envers l’Ukraine avec un investissement de 20 millions d’euros

(ACTUALITÉ EN BREF) Unilever a annoncé son intention d’investir 20 millions d’euros dans une nouvelle usine de fabrication de produits de soins personnels dans la région de Kiev en Ukraine. L’usine devrait ouvrir ses portes en 2024 et créera une … Read the full press release