The deal also represents one of the first “bankable” CO2 removal projects, according to the company, enabling Heirloom to finance future direct air capture facilities.
GIST Impact will now incorporate biodiversity and nature data from IBAT’s data on protected areas, threatened species, and other locations important for biodiversity, helping address rising interest in nature positive investing.
Most in the region see climate change as a threat to their livelihoods, many even expecting to have to move from the area, and they also reported widespread support for government action and renewable energy development.
The initiative aims to provide credible, transparent ESG data reporting for ASEAN, responding to current industry concerns over ESG data access.
It projects significant energy demand increases from developing countries and expects sustained dependence on oil and gas into 2050 despite increased wind and solar energy production.
“Methane is a much more potent greenhouse gas than carbon dioxide, so it’s crucial that we work closely with states and industry to develop solutions that will cut emissions at their source,” says U.S. Secretary of Energy Jennifer M. Granholm.
The platform allows customers to purchase SAF credits and attribute the given emissions reduction to IT purchases.
The paper fexamines the infrastructure delivery challenges of the hydrogen market and of reaching net-zero emissions by mid-century.
The mobility technology company also plans to transition to 100% renewable electricity use in their European operations by 2025 and has set interim emissions targets for 2030.
“Building a sustainable, digital future means developing innovative, responsible tools to address today’s evolving decarbonization challenges head on,” says Steve Wilhite, president of Schneider Electric Sustainability Business.
The company faces penalties for marketing natural gas as a "renewable" resource, following a rising trend of corporate accountability for sustainability claims.
Despite executive interest in increasing ESG spending firms report difficulties in meeting constantly evolving ESG data content and managing multiple data feeds.