 Your new post is loading...
Your new post is loading...
Samskip, a prominent green shipping organization, has initiated a new project aimed at reducing CO2 emissions from its vessels. The Carbon Capture and Utilization system developed by Samskip captures 30% of the CO2 emissions produced by combustion engines in real time. Then, the system stores the emissions in portable batteries, thus offering an environmentally sustainable solution for the shipping industry.
The portable batteries can be delivered to clients, such as agricultural businesses and greenhouses, which require CO2 to promote growth in their products. By providing these clients with captured CO2, the need for gas-powered machinery can be eliminated, resulting in a reduction in natural gas usage.
Via EcoVadis
The Impact of Deforestation on Carbon Storage
A one degree change in temperature could have catastrophic consequences.
One of the most notable influences on rising global average temperatures comes from deforestation. In fact, combined emissions from deforestation are higher than the annual emissions of any other country (apart from the U.S. and China) and contribute to roughly 12% of total annual greenhouse gas emissions.
This graphic from The LEAF Coalition takes a closer look at the impact deforestation has on global greenhouse gas emissions through carbon storage.
Via EcoVadis
“Mainstream Global has taken a comprehensive approach to reaching its carbon neutral goals and exemplifies this commitment by annually reporting its progress to CDP. 3R has been impressed by the team’s dedication to putting the system processes in place to not only achieve its goals, but to continually improve thereafter”
Via EcoVadis
With consumers prioritizing environmental sustainability, Amazon and Target unveiled stores that aim to use less energy than they produce, the retailers announced last week. Target's first net-zero energy store is located in Vista, California, and the new Amazon Fresh store, which is pursuing net-zero carbon certification, is located in Seattle. The new Amazon Fresh Seattle location features a CO2-based refrigeration system, has steel byproducts to reduce embodied carbon and fully sources its electricity from the company's renewable energy projects. Target's store has solar carports, CO2 refrigeration and LED lighting. Drawing from its experience, Target said it plans to add CO2 refrigeration to all of its stores by 2040. Amazon said that some of the upgrades will be used at all of its Amazon Fresh grocery stores going forward, such as the lower-carbon concrete flooring.
Via EcoVadis
Climate change has been getting a lot of attention recently, and for good reason. The latest science shows the risk is manifesting faster and it’s not just fires and floods causing problems. A changing climate will gradually and increasingly impact us all. Science also tells us now is the time to take action for future generations and to ensure business resilience.
This is why Treasury Wine Estates has set an ambitious target of net zero emissions (Scope 1 and 2) by 2030. With 70% of these emissions generated from electricity, we have our sights on achieving 100% renewable electricity across our entire operations by 2024.
Targets are important for transparency and accountability. But how you achieve those goals is just as valuable.
As an industry with a significant agricultural footprint, there are three key areas wine producers can act on together to support the transition to a low-carbon future.
Via EcoVadis
Circulor Ltd announced Wednesday a partnership with Element 25 Limited (ASX:E25) to establish full manganese traceability and tracking of CO2 and environmental, social and governance (ESG) standards for products produced from Element 25’s Butcherbird project in Australia.
E25’s partnership with Circulor is key to demonstrating traceability and ESG compliance for its manganese products as part of its strategic pathway to zero carbon manganese, the companies said in the statement. Real-time, digital visibility of ESG metrics, including CO2 intensity and energy mix used, will be made available to downstream market participants, including offtake partners.
Via EcoVadis
An in-depth look into the sustainability measures employed by industry players in the dairy, ingredients and flavor sectors, to mitigate greenhouse gas (GHG) emissions reveal that pooled efforts are being undertaken to source raw materials with a reduced carbon footprint and production of plant-based products has been prioritized.
Via EcoVadis
Earth day consistently serves as a reminder to reflect on the most impactful approaches to sustainability. This year is no exception given society’s recovery from a pandemic that has made us focus on building a better future, and an acceleration towards net-zero carbon commitments from businesses and communities worldwide. New strides are being made in the circular economy and how it applies to different sectors, including capital equipment – high-value products designed, built, and acquired to last. Ranging from MRI machines to wind turbines to data servers, the range of industries and products represented in the sector are as diverse as the sustainability opportunities surrounding it.
Circularity in capital equipment or heavy industry plays a crucial role in decarbonization efforts or the reduction of greenhouse gas (GHG) emissions to sustainable levels. While 6.5% of global emissions and over half the world’s ore production can be attributed directly to capital equipment itself, economically it contributes 13% of value added to the global economy, demonstrating a key circular economy principle of producing more value with less resources. Capital equipment manufacturers and users are building on this to realize the tremendous decarbonization and resource conservation opportunity for manufacturers and users of capital equipment.
Via EcoVadis
Although 'moving season' — mid-May through mid-Sept. — is behind us, the folks at MyMove.com have some thoughts on how to haul all of your worldly possessions from points A to B with minimal eco-impact.
Via Flora Moon, Lauren Moss, Mercor
|
Ford Motor Company and Manufacture 2030 announced today a strategic partnership to help Ford’s suppliers meet their carbon reduction targets toward Ford’s goal of reaching carbon neutrality no later than 2050 globally, and by 2035 in Europe.
“Achieving carbon neutrality for Ford is an important corporate goal and integral to our purpose to help build a better world,” said Jonathan Jennings, Ford Global Vice President, Supply Chain. “It is becoming a strong demand from our customers, shareholders and investors, and the supply chain is essential in achieving this goal. Hitting our targets will require we cut emissions across our entire value chain, particularly from purchased energy, goods and services. M2030 is a key program for Ford to help us all in not only reporting emissions but in forming realistic action plans and glidepaths to achieving our goals.”
In the first phase of the partnership with M2030, Ford is offering the voluntary platform to its more than 5,000 Tier 1 global supplier sites covering more than 66 countries, including suppliers who have yet to establish science-based carbon reduction targets. M2030’s platform can help suppliers identify which actions to take to measure, manage and reduce carbon emissions and reduce costs as they build their carbon neutrality plans.
Via EcoVadis
Sustainability has dominated headlines in recent years. The conversations surrounding global warming and reducing our carbon footprint are becoming more heavily discussed as the urgency increases.
As many individuals search for ways to live more sustainably, companies face greater calls for action on climate change. Over half of consumers in the UK reportedly believe that companies should start acting on climate change immediately. Slowly but surely, this demand is being met as many companies begin implementing ways of operating more sustainably and taking steps towards becoming greener businesses.
There are several reasons why more modern-day companies especially in the IoT space, are starting to go green.
Via EcoVadis
New research by the University of Exeter and Philips UK&I urges the NHS and its suppliers to systemically adopt circular economy (CE) practices in order to meet the NHS’s net zero by 2040 target and improve patient care.
The research follows a key commitment made by the Government to achieve a net zero NHS by 2040, a UK-led COP26 Health Programme and £280 million of funding to decarbonise the NHS estate between now and 2025.
The NHS’ Carbon Footprint and Carbon Footprint Plus (which includes the supplier footprint) are currently 6.1 MtCO2e and 24.9MtCO2e per year respectively.
Suppliers to the NHS are responsible for 62% of all NHS emissions. To achieve the target set by NHS Carbon Footprint Plus, the health service must achieve 8% CAGR reductions in carbon emissions from 2020 to 2036, a rate far higher than the 1% historical average.
Via EcoVadis
Amid “the Great Resignation” and a volatile economic period, companies can’t afford to lose talent or customers. They must reinvent their business models to be both profitable and sustainable. Establish a Sustainable Business Strategy Embed Sustainable Data into Business Processes and Networks Manage Carbon and Climate Exposure Throughout the Business Embrace Circularity and Become Regenerative Prioritize People Across the Supply Chain
Via EcoVadis
Echo Environmental’s technology breaks wires down into raw materials that can be reused and resold, reducing landfill waste.
Comcast has committed to be carbon neutral by 2035 in Scope 1 and 2 emissions across the company’s entire global operations. Recycling the coax cable is a major step step towards addressing scope 3 emissions and Comcast’s broader environment goals. Coaxial cables include multi-layered cords with a steel inner conductor, insulating layer, and conductive shielding, as well as 27 different polymers requiring separation for use in new products.
Via EcoVadis
As the ever-expanding existential threat of global emissions reaches unprecedented levels, some companies are acting boldly and quickly to reverse runaway climate change.
Sustainability has been deemed by many international business leaders as a moral imperative, and the pace at which companies across the globe are committing to comprehensive ESG strategies is accelerating at a remarkable rate.
Large multinationals are tripping over each other in an effort to become sustainability leaders in their sectors, making intrepid commitments to become carbon neutral, or even carbon positive, by the end of the decade (my favorite example is Microsoft, which has not only committed to becoming carbon negative by 2030, it has also pledged to offset all of the carbon the company has emitted since its inception.)
Via EcoVadis
HSBC, one of the biggest banks in the world, has set bold climate change ambitions — and its sustainability aspirations are now being replicated in New Zealand.
The bank, based in London after being established in Hong Kong in 1865, believes there is a landmark opportunity to build a thriving, resilient future for society and businesses by prioritising financing and investment that supports the transition to a carbon zero global economy.
HSBC, with assets of nearly US$3 trillion (NZ$4.29t), operates in 64 countries and has 40 million personal banking customers and 1.4m business clients. The bank is prepared to work with all of them to develop tailored solutions to reduce greenhouse gas emission. It is also applying a climate lens to financing decisions.
Via EcoVadis
Memphis-based global freight transportation and logistics services provider FedEx announced this week it is making a $2 billion investment in order to have carbon-neutral operations by 2040, which it said will be focused on by initial investments in vehicle electrification, sustainable energy, and carbon sequestration.
Via EcoVadis
|
![Reuse, Reduce and Relocate: minimize your environmental impact... [Infographic] | Supply chain News and trends | Scoop.it](https://img.scoop.it/UuX8SoJz0tzgxBTNpk5zTjl72eJkfbmt4t8yenImKBVvK0kTmF0xjctABnaLJIm9)
