The European steel industry has less than 26% of its carbon budget remaining and will surpass it by 2035, meaning the industry will not be able to reach net zero emissions if significant changes aren’t…
In June, Germany passed legislation toughening ethics standards for supply chains. The law requires large German companies to establish due diligence procedures to screen for human rights and environmental abuses within their global supply chains.
Intel plans to build a giant semiconductor fabrication plant – what it calls a mega fab – in Europe and is currently in the process of looking for a location the fits its need in size, energy reliability and water supply.
BMW Group has announced it will be “increasing the pace of its efforts to combat climate change,” pledging a 50% reduction in use-phase carbon emissions relative to 2019 by 2030 and a 40% reduction in overall emissions. On the front end, BMW aims to consume fewer resources, improving…
Facility solutions provider ABM will acquire Able Services for $830 million; the acquisition will bolster ABM’s sustainability and energy efficiency offerings amid growing demand for environmentally responsible solutions, the company says. Able provides facility services to over a billion square feet of real estate, which will strengthen ABM’s national presence.
Maersk revealed Tuesday that it will add eight large shipping vessels to its fleet capable of running on carbon-neutral methanol. This follows the shipping company’s February announcement that it will have its first carbon neutral vessel on the water by 2023.
Integrated energy company Chevron and Brightmark LLC, a waste solutions company, are working to decarbonize the farming industry with a partnership to produce and sell dairy biomethane, a renewable natural gas.
Corbion, a leading biobased ingredients company is collaborating with Truterra, LLC, a unit of Land O’ Lakes, and Truterra’s local partner Central Valley Ag (CVA) to leverage data insights to improve regenerative agriculture practices, including no-till farming, cover crops and integrated grazing. As regenerative agriculture continues to go mainstream, with ... Read more »
The Carbon to Value (C2V) Initiative has introduced its first cohort of companies aimed at commercializing carbon technologies (carbontech) that capture and convert CO2 into valuable end products or services. Carbontech has a market opportunity of $1 trillion in the U.S. and up to $6 trillion globally, according to Carbon180. ... Read more »
Southern Company Gas, a subsidiary of leading national energy firm Southern Company, has entered into a collaboration with Electro-Active Technologies and T2M Global, with funding from the U.S. Department of Energy (DOE), to develop technology for production of clean hydrogen from waste. The DOE’s Office of Energy Efficiency and Renewable ... Read more »
Major automakers including Ford, VW and Tesla are increasingly leveraging lithium-iron-phosphate (LFP) for electric vehicle (EV) batteries, substituting for the more commonly used nickel or cobalt formulations, to capitalize on lower costs. Thus far, VW’s CEO Herbert Diess has committed to using LFP in the company’s entry-level EVs to bring ... Read more »
As the pandemic played out around the world, sustainability — far from taking a backseat — increased in prominence. In fact, a significant majority of companies believe sustainability in their supply chain contributed to resilience and helped them endure the Covid-19 crisis.