Germany put its energy sector on war footing last week, warning of impending shortages as Russia further tightens deliveries of natural gas to Europe. By reducing Europe’s ability to fill inventories that will be needed when winter comes, Russia is boosting its leverage to weaponize energy exports as part of its campaign to conquer Ukraine and break Western resistance. In escalating the gas system to the second-highest “alarm” stage—one step away from government energy rationing—German Energy and Economics Minister Robert Habeck called on Germans to “make a difference” by voluntarily changing their consumption behavior to conserve energy.
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That’s the conclusion of the United Nations-backed Race to Zero campaign, which pushes companies and investors to reduce emissions. The report, which was published Wednesday in partnership with nonprofit Global Canopy, Science Based Targets initiative and the Accountability Framework Initiative, said companies committing to eliminate emissions by 2050 must act with urgency to stamp out tropical deforestation in their supply chains.
The Biden administration announced Tuesday that a number of companies are planning to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle charging.
Fewer than half of all global listed companies align with a 2 degree temperature increase, and only just over a tenth conform to the most ambitious 1.5 degree temperature rise scenario, MSCI said in its quarterly Net-Zero Tracker.
Toymaker Lego said on Wednesday it will invest more than $1 billion in its first factory in the United States, which will be carbon-neutral, to shorten supply chains and keep up with growing demand for its colored plastic bricks in one of its biggest markets.
Just a third of firms on the Forbes Global 2000 list of publicly traded companies have net zero emissions targets, and almost two thirds of those pledges fall far short on necessary detail, leaving major corporations open to accusations of greenwashing, a new report has concluded.
A wide range of strategies are available to help organizations reduce their greenhouse gas (GHG) emissions. Below are a list of resources and guides to help your organization identify and implement GHG reduction opportunities.
The industry moved quickly to capture the narrative, going from disinformation blitz to policy wins within a matter of weeks.
As discussed in the first part of this two-part series on food waste solutions, food waste has consequences for all populations, from economic to social and environmental. Because there are many ways in which food waste occurs, we need a wide range of solutions and array of technologies to make an impact. In part two, we focus on prevention and recovery solutions that can stem the flow of food waste before it gets thrown out.
Green tech and climate technology companies are rapidly altering the competitive landscape. With sustainability now a business imperative, incumbents need to move quickly—or risk being left behind.