JinkoSolar
Date: 2019-09-27
Shanghai-headquartered Solar module manufacturer JinkoSolar Holding Co., Ltd. reports it has committed to the RE100 and EP100 initiatives which are led by the international not-for-profit Climate Group.

The RE100 initiative and its partner companies are committed to 100 pct renewable power and a low carbon economy. Accordingly, JinkoSolar will power all of its solar plants and global operations with 100 pct renewable power by 2025. By 2030, the Company will deploy an energy management system across its operations and improve its energy productivity by 30 pct when compared to 2016. JinkoSolar has also signed up for the EP100 Cooling Challenge to increase the energy efficiency of its cooling operations. (Source: JinkoSolar Holding Co., Ltd., PR, 25 Sept., 2019) Contact: Climate Group's global EP100 initiative, www. theclimategroup.org/EP100; Jinko Solar Holding Co. Ltd., Ripple Zhang, +86 21-5183 3105 pr@jinkosolar.com, www.jinkosolar.com; CDP, RE100, www.RE100.org

More Low-Carbon Energy News JinkoSolar,  Renewable Energy,  

ArcelorMittal
Date: 2019-08-02
Belgium-based iron ore, metallurgical coal and steel maker ArcelorMittal reports Carbon Disclosure Project (CDP) has ranked ArcelorMittal first in low-carbon innovations, transition opportunities, data transparency, renewable energy use, and board and executive climate management. The steel and mining company, which ranked fifth in the CDP's 2016 report, was rated second overall in the latest report.

The new CDP report is based on detailed analysis across a range of carbon and transitional indicators that could have a significant impact on company performance.

ArcelorMittal recently announced its ambition to cut CO2 emissions globally and be carbon-neutral in Europe by 2050. The company is currently aiming for an 8 pct carbon footprint reduction by 2020. (Source: ArcelorMittal, Noria News, Reliable Plant, July, 2019) Contact: ArcelorMittal, Alan Knight, Corporate Responsibility GM, +32 9 347 31 11, www.corporate.arcelormittal.com; CDP, Lance Pierce, Pres. North America, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net

More Low-Carbon Energy News ArcelorMittal,  Carbon Footprint,  CDP,  Climate Change,  Carbon Emissions,  

UN Global Compact,Science Based Targets initiative
Date: 2019-07-24
In a joint press release from the United Nations Global Compact, the Science Based Targets initiative (SBTi) and the We Mean Business have committed themselves to more ambitious climate targets aligned with limiting global temperature rise to 1.5 degree C above pre-industrial levels and reaching net-zero emissions by no later than 2050. The joint commitment from the coalition 28 companies with a total market capitalization of $1.3 trillion heeds the most recent report by the Intergovernmental Panel on Climate Change (IPCC) which warned of catastrophic consequences should global warming exceed 1.5 degree C.

Participating companies include: Acciona, AstraZeneca, Banka BioLoo, BT, Dalmia Cement Ltd., Eco-Steel Africa Ltd., Enel, Hewlett Packard Enterprise, Iberdrola, KLP, Levi Strauss & Co., Mahindra Group, Natura &Co, Novozymes, Royal DSM, SAP, Signify, Singtel, Telefonica, Telia, Unilever, Vodafone Group PLC and Zurich Insurance, amongst others, collectively representing over one million employees from 17 sectors and more than 16 countries. (Source: UN Global Compact, PR, COMTEX, 23 July, 2019) Contact: UN Global Compact, (212) 907-1301, www.unglobalcompact.org; Science Based Targets Initiative, +44 (0) 20 3818 3916, Sarah.Savage@cdp.net, www.sciencebasedtargets.org; We Mean Business Coalition, Kristen King, (904) 608- 1745 kristen@wemeanbusinesscoalition.org www.wemeanbusinesscoaltion.org

More Low-Carbon Energy News Science Based Targets initiative,  UN Global Compact,  Carbon Emissions,  Climate Change,  

CDP
Date: 2019-06-26
A Sea Change, a new report from the London-headquartered environmental non-profit and investment research provider CDP notes the world's maritime shipping majors are not investing in key technologies to reduce their carbon footprint, and that the sector is at risk of missing the International Maritime Organization's (IMO) targets to reduce GHG emissions by 50 pct by 2050.

The report ranks 18 of the largest publicly listed shipping companies, representing $62 billion of market capitalization, on business readiness for a low-carbon transition. CDP's analysis finds maritime innovation trends currently focus on technologies and fuels that only deliver marginal improvements; the shipping sector has poor rates of disclosure with only 5 companies completing CDP's 2018 Climate Change questionnaire; and board level oversight of climate issues is very low with only 3 companies having board level climate committees.

According to the report, shipping accounts for up to 3 pct of global emissions and 10 pct of transport emissions while transporting around 80 pct of the world's trade in physical goods. (Source: IMO, CDP, 25 June, 2019) Contact: CDP, Carole Ferguson, Head of Investor Research, www.cdp.net; IMO, Stefan Micallef, Director of Marine Environment Division, +44 (0) 20 7735 7611, www.imo.org

More Low-Carbon Energy News International Maritime Organization,  IMO,  Maritime Emissions,  CDP,  

ENERGY Star
Date: 2019-04-12
Bollingbrook, Illinois-based appliance manufacturer Beko U.S., Inc. reports receipt of its third consecutive ENERGY Star® Partner of the Year Award in the product brand owner category for its demonstrated energy efficiency best practices and proved organization-wide energy savings. The company was also recognized as ENERGY Star Partner of the Year -- Sustained Excellence Award, the highest honor bestowed to partners that have won consecutive ENERGY Star Partner of the Year awards.

Beko U.S. is a subsidiary of Istanbul, Turkey-based Arcelik A.S., which earned "Climate A List Company -- Global 2017 Climate & Water Leadership Award" from the Carbon Disclosure Project (CDP). The company was rated AAA by MSCI Global Sustainability Index Series. Beko U.S., Inc. manufactures highly energy efficient home appliances. (Source: Beko U.S., Inc. PR, 9 April, 2019) Contact: Beko US Inc., , Hasan Ali Yardimci, Pres., Beko U.S., Inc. www.bekoappliances.com

PwC
Date: 2018-10-22
International accountancy and consulting giant PriceWatershouse Coopers (PwC) reports its commitment to cut carbon emissions, source 100 pct renewable energy for its electricity consumption, and to offset all business air travel has been reinforced with membership in the Climate Group and CDP lead RE100 initiative. The commitment applies to 21 of PwC's largest firms accounting for 88 pct of revenues in 2018.

In addition to joining RE100, PwC has also committed to offsetting unavoidable emissions linked to air travel by investing in a range of voluntary carbon offsets. PwC network firms will select from a portfolio of offsetting projects to reflect their local priorities. Amongst the project portfolio are a biodiversity reserve in Borneo, a wind farm in Turkey, a cook stove project in China and a landfill gas project in New York state generating electricity for 18,000 homes and creating 420 acres of new wetlands. (Source: PWC, The Financial, 17 Oct., 2018)Contact: PricewaterhouseCoopers, www.pwc.com; RE100, www.thre100.org; CDP, www.cdp.net

More Low-Carbon Energy News CDP,  RE100,  PwC,  Carbon Emissions,  Renewable Energy,  

Fujitsu,Science Based Targets
Date: 2018-07-27
In Tokyo, Japanese IT giant Fujitsu reports it has committed to sourcing 100 pct of its needed electricity for all locations and facilities from renewable energy sources by 2050, and that it is the 140th company worldwide to join the RE100 initiative.

The global RE100 initiative aims to support and bring together companies making 100 pct renewable energy commitments formed by The Climate Group in partnership with CDP -- fka Carbon Disclosure Project.

Fujitsu's renewable move is in keeping with the company's medium- to long-term environmental effort to lower its CO2 emissions to zero by 2050. The company's carbon emissions target was approved by the Science Based Targets initiative last August. (Source: Fujitsu, CleanTechnica, 24 July, 2018) Contact: Fujitsu Ltd., Public Relations, +81 3 3215 5259, www.fujitsu.com; Science Based Targets initiative, www.sciencebasedtargets.org

More Low-Carbon Energy News Science Based Targets,  Fujitsu,  Renewable Energy,  

Science Based Target initiative
Date: 2018-06-08
In the Silver State, Las Vegas-based casino operator Caesars Entertainment Corporation reports it has set "science based" company-wide greenhouse gas emissions reduction targets aligned with the Science Based Target initiative (SBTi).

The SBTi is a collaboration among CDP (f.k.a. Carbon Disclosure Project), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered "science-based" if they are in line with the level of decarbonization required to keep global temperature increase below two degrees C compared to pre-industrial temperatures.

Caesars Entertainment has committed to reduce absolute Scope 1 and 2 emissions 30 pct by 2025, and 95 pct by 2050 from a 2011 base year. Since 2011, Caesars has reduced its total GHG emissions by 22.9 pct. (Source: Caesars Entertainment Corporation, Hotel Business, 7 June, 2018) Contact: Caesars Entertainment Corporation, www.caesarscorporate.com; Science Based Target initiative, www.sciencebasedtargets.org

More Low-Carbon Energy News Science Based Target initiative,  Carbon Emissions ,  

CDP
Date: 2018-04-13
A Carbon Disclosure Project (CDP) survey of 1,681 companies in 14 countries reports more company boards oversee climate change measures in the UK than in any other country. According to the survey, 97 pct of UK companies, the highest proportion among the 14 countries surveyed, disclose Scope 1 emissions, covering fuel combustion, vehicles and unintended gas release, and Scope 2 emissions, or purchased electricity, heat and steam. However, only 17 pct of financial companies were found to declare Scope 3 emissions and only 35 pct of companies will use carbon pricing from next year.

The survey also found that a majority of companies overall have board oversight of climate-related issues, only 10 pct provide financial incentives for directors to manage the risks and opportunities. The largest percentage of companies offering incentives was found in Germany. Companies in the UK, France and Germany lead in giving information across three of the four areas of governance, risk management, metrics and targets stated by the Task Force on Climate-related Financial Disclosures. In North America, the US had the lowest proportion using and preparing to use carbon pricing, 15 and 9 pct respectively, and, at 66 pct, the lowest percentage of companies with board oversight. Canada had the lowest percentage offering the incentives, at 2 pct, and the second lowest proportion providing low-carbon products or services enabling avoided emissions, at 54 pct.

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. (Source: CDP, TriplePundit, 9 April, 2018) Contact: CDP, Lance Pierce, Pres. North America, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net

More Low-Carbon Energy News CDP,  Climate Change,  Carbon Emissions,  

Schneider Electric
Date: 2018-04-11
French energy efficiency and management specialist Schneider Electric reports it is partnering with with Albea SA for an integrated energy efficiency and carbon management programme at Albea's personal care packaging facilities by 2020.

Under the new three-year partnership, Schneider Electric will focus on optimizing utility contracts and rates in addition to standardizing risk management. The new partnership builds on earlier energy efficiency-focused efforts, which helped Albea meet its 15 pct energy consumption reduction goal. Schneider Electric also previously helped Albea to improve CDP reporting, which resulted in improving company ratings from C to B. (Source: Schneider Electric, Power Tech., 10 April, 2018) Contact: Albea SA, www.albea-group.com; Schneider Electric, www.enable.schneider-electric.com

More Low-Carbon Energy News Schneider Electric,  Energy Efficiency,  

CDP
Date: 2018-02-21
According to the environmental disclosure platform CDP's Closing the Gap: Scaling up Sustainable Supply Chain Practices report, major global companies significantly reduced greenhouse gas (GHG) emissions in their supply chains and saved approximately $14 billion as a result of emission reduction activities in 2017. The report is based on climate, water and deforestation-related data collected from over 4,800 companies, and points to increased awareness of climate change-related risks and opportunities down the supply chain.

According to the findings, carbon emissions in supply chains are four times greater than those of a company's direct operations. Of those responding to CDP, over 75 pct of suppliers identified some climate change risks to their business, and more than 50 pct said they have integrated climate change into their business strategies. The number of companies that address emissions in their supply chains doubled within a year, with emission reductions totaling 551 million metric tonnes of CO2.

The report also compares the efforts of suppliers in eight major economies to mitigate environmental risk. It finds that 80 pct of companies in France are likely to have climate change integrated into their businesses. Japanese companies have the highest rates of disclosure, and are the most likely to set emissions reduction targets. Of the organizations on the Supplier Engagement leader board, 33 pct are from the US, followed by 15 pct from the UK. (Source: CDP, PR, UNFCCC, Feb., 2018) Contact: CDP, Lance Pierce, Pres. North America, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net

More Low-Carbon Energy News CDP,  Carbon Emissions,  CO2,  

Nestle, CDP
Date: 2018-02-02
Swiss food giant Nestle, the world's largest food and beverage company, reports it has again been recognized by the London-headquartered CDP's -- formerly the Carbon Disclosure Project -- Global Supply Chain Report for 2017 as one of the 29 companies to receive top marks through the CDP's Supplier Engagement Rating.

In total, the companies disclosing their data to CDP have been able to reduce their CO2 emissions by 434 million tonnes over the last year, which is more than France's annual global greenhouse gas emissions.

The CDP A List focuses on investors, companies and cities taking urgent action to build a sustainable economy by measuring and understanding their environmental impact. To achieve this, CDP runs the global disclosure system that enables companies, cities, states and regions to measure and manage their environmental impacts, and has built the most comprehensive collection of self-reported environmental data in the world. The CDP's network of investors and purchasers, representing over $100 trillion, along with policy makers around the globe, use CDP data and insights to make better-informed decisions. (Source: CDP, Nestle, Consumer Healthcare News, 31 Jan., 2018) Contact: Nestle, www.nestle.com; CDP,www.cdp.net

More Low-Carbon Energy News CDP,  Carbon Disclosure Project,  Carbon Emissions,  Climate Change,  

CN,CDP,Canadian National Rail
Date: 2018-01-31
Montreal-headquartered Canadian National Rail (CN) reports it has been identified as "a global leader for its actions and strategies to manage environmental issues" and has accordingly been added to the the non-profit global environmental disclosure platform CDP Supplier A List. One hundred companies appear on the A List, which has been produced at the request of 99 CDP supply chain purchasing member organizations with a combined annual spend of more than $3 trillion. More than 4,800 companies submitted annual supply chain disclosures to CDP in 2017 for independent assessment against its scoring methodology.

CDP, formerly the Carbon Disclosure Project, is an international non-profit that runs a global disclosure system for investors, companies, cities, states and regions to help manage their environmental impacts. (Source: CDP, CN, Railway Age, 30 Jan., 2018) Contact: CDP, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net; Canadian National Rail, (514) 399-4821, www.cn.ca

More Low-Carbon Energy News CDP,  Carbon Emissions,  Canadian National Rail,  

CDP,OECD
Date: 2018-01-15
The Economist is reporting that 41 OECD and G20 governments have announced either a carbon tax or a cap-and-trade scheme, or both. Add state and local schemes, and they cover 15 pct of the world's emissions, up from 4 pct in 2010.

Of the approximate 6,100 worldwide companies that report climate-related data to CDP, 607 now claim to use "internal carbon prices" while 782 say they will introduce similar measures within two years. Total annual revenues of these 1,389 carbon-price champions amount to $7 trillion, according to the Economist.

CDP, formerly the Carbon Disclosure Project, is an international non-profit that runs a global disclosure system for investors, companies, cities, states and regions to help manage their environmental impacts. (Source: CDP,Economist, Jan., 2017) Contact: CDP, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net

More Low-Carbon Energy News CDP,  Carbon Emissions,  Carbon Tax,  Carbon Pricing,  

Waste Management,CDP
Date: 2017-11-03
Houston-headquartered Waste Management has been recognized as a leader among companies from around the world by environmental not-for-profit CDP for the depth and quality of climate change data it discloses to investors and the global marketplace.

Waste Management's leadership status was announced on CDP's 2017 Climate A List of companies recognized for their efforts to combat climate change, cut emissions, mitigate climate risks and develop the low-carbon economy. (Source: Waste Management, PR, 31 Oct., 2017) Contact: Waste Management, Jim Fish, Pres, Analysts Ed Egl, (713) 265-1656, eegl@wm.com, www.wm.com, www.thinkgreen.com; CDP,(212) 378 2086, info.northamerica@cdp.net, www.cdp.net

More Low-Carbon Energy News Waste Management,  CDP,  

CDP,Carbon Disclosure Project
Date: 2017-10-27
CDP, formerly the Carbon Disclosure Project, is an international non-profit that runs a global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.

Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. The Climate A List is released alongside the Water A List and Forests A List. This is the first year that CDP has announced company scores across all three areas simultaneously, reflecting a holistic approach to corporate sustainability.

The CDP A List focuses on investors, companies and cities taking urgent action to build a sustainable economy by measuring and understanding their environmental impact. To achieve this, CDP runs the global disclosure system that enables companies, cities, states and regions to measure and manage their environmental impacts, and has built the most comprehensive collection of self-reported environmental data in the world. The CDP's network of investors and purchasers, representing over $100 trillion, along with policy makers around the globe, use CDP data and insights to make better-informed decisions.

Access the CDP Climate A List HERE, (Source: CDP, Oct., 2017) Contact: CDP, USA and Canada Lance Pierce, Pres. North America, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net

More Low-Carbon Energy News CDP,  Carbon Disclosure Project,  Carbon Emissions,  Climate Change,  

Electrolux ,Dow Jones Sustainability World Index,CDP
Date: 2017-10-27
Stockholm-headquartered appliance manufacturer Electrolux reports it has been added to the CDP 2017 Climate A List in recognition of its efforts to cut emissions, mitigate climate risks and develop the low-carbon economy.

As part of its goal to reduce carbon emissions by 50 pct by 2020, is working to reduce its environmental footprint by shifting to renewables and optimizing the use of energy and other resources throughout its operations, as well as improving the energy efficiency of appliances.

Previously this year, Electrolux was for the eleventh consecutive year, named an Industry Leader of the Household Durables category in the Dow Jones Sustainability World Index. (Source: Electrolux, PR, Cision, 24 Oct., 2017) Contact: Electrolux, Henrik Sundstrom, Head of Sustainability Affairs , +46-8-657-65-07, www.electroluxappliances.ca; Dow Jones Sustainability World Index, www.sustainability-indices.com; CDP, www.cdp.net

More Low-Carbon Energy News Dow Jones Sustainability World Index ,  CDP,  Electrolux ,  Carbon Emissions,  Carbon Footprint,  

CDP
Date: 2017-10-18
Despite making progress on climate risks, the chemical industry is failing to meet the goals outlined by the Paris Agreement, says a new report by CDP. Catalyst for Change analyses 22 of the largest global chemical companies -- including AkzoNobel, DuPont, BASF and Dow Chemical -- with a total market capitalization of $650 billion and responsible for a quarter of all emissions of the sector at 276 million metric tpy of CO2 emissions. According to the report, rapid process innovations will be required in order for chemical companies to have any chance of aligning with the below 2-degree goal set out by the Paris agreement.

The chemical sector is responsible for an eighth of global industrial CO2 emissions. Despite the industry's ability to innovate on low carbon, it will struggle to fully de-carbonize if it doesn't make rapid and significant changes to its own highly polluting processes, the CDP report claims. The CDP report notes that the sector is still providing climate change solutions on the product side and is profiting from the low carbon transition, with around 20 pct of revenues coming from these products. representing close to $83 billion in revenues.

Download an executive summary of the CDP Catalyst for Change report HERE. (Source: CDP. Sustainable Brands,, 9 Oct., 2017) Contact: CDP, Paul Simpson, CEO, +44 (0) 20 3818 3946, www.cdp.net

More Low-Carbon Energy News CDP,  Paris Climate Agreement,  Paris Climate Accord,  CDP,  

Morgan Stanley
Date: 2017-09-25
New York-headquartered multinational financial services giant Morgan Stanley reports will seek to source 100 pct of its global electric power requirements from renewable energy sources under a plan to achieve carbon neutrality by 2022. To that end, the company plans to cut overall energy consumption by 20 pct from 2012 levels, improve energy efficiency and consider power purchase agreements, renewable energy credits and carbon offsets. Morgan Stanley will also join the Climate Group and CDP RE100 Initiative comprised of companies committed to power 100 pct of their operations with renewables.

Since 2006, Morgan Stanley has lowered its carbon footprint by 36 pct and met its previous goal for cutting carbon dioxide (CO2) emissions earlier than planned.(Source: Morgan Stanley, Renewables Now, Other Media, 22 Sept., 2017) Contact: Morgan Stanley, (212) 761-4000, www.morganstanley.com

More Low-Carbon Energy News Carbon Neutral,  CDP,  RE100,  

Citigroup
Date: 2017-09-22
NYC-headquartered financial services giant Citigroup reports it will be powered by 100 pct renewable energy by 2020. The company is looking at onsite power generation, power purchase agreements and renewable energy credits to help reach its goal.

Citigroup owns or leases over 57 million square feet of real estate in over 7,900 properties including its new NYC global headquarters currently under construction to LEED Platinum energy efficiency certification standards.

Citi is joining the global "R100" initiative led by The Climate Group in partnership with CDP and part of the We Mean Business Coalition. (Source: Citigroup, Energy Mgr., Other Media, 19 Sept., 2017)Contact: Citigroup Inc., www.citigroup.com

More Low-Carbon Energy News Clean Energy,  Renewable Energy,  Citigroup,  

Delta Americas ,UC Berkley's Center for the Built Environment
Date: 2017-09-06
Fremont, California-headquartered power and thermal management solutions specialist Delta Americas is reporting its headquarters building has been honored by UC Berkley's Center for the Built Environment (CBE), earning an Honorable Mention in its 2017 Livable Buildings Award program.

The LEED Platinum certified net-zero-energy HQ building's sustainable design and high quality-of-life properties were instrumental in its receiving the honor.

Based on its calculated energy usage in 2016, the HQ building's Energy Use Intensity (EUI) achieved 21.6, indicating the facility saved 90 pct more energy than traditional buildings (Average EUI: 212)*1. In July of this year, the building achieved full net-zero operation, with its solar energy generation surpassing consumption.

The Delta America Headquarters utilizes many of Delta's own technologies, such as its solar PV inverters, energy-savings variable frequency drives, elevator power regeneration technologies, a wireless outdoor LED lighting system, InfraSuite Datacenter infrastructure solutions, electric vehicle charging solutions, and building automation management and Delta Energy Online software. In 2016, Delta was recognized by CDP (formerly the Carbon Disclosure Project) for its Climate Change Leadership Level. (Source: Deltas America, PR, IBN, 31 Aug., 2017) :Contact: Deltas America, M.S. Huang, Pres., www.deltaww.com; UC Berkley Center for the Built Environment, (510) 642-4950, cbe@berkeley.edu, www.cbe.berkeley.edu

More Low-Carbon Energy News UC BerkleyCenter for the Built Environment,  Delta Americas ,  Green Building,  Energy Efficiency,  

stand.earth
Date: 2017-07-26
Nearly 75,000, Leading Environmental Group, Consumer Watchdog Urge Top Jean Companies to Stop Ignoring Climate Pollution Bellingham, WA, July 20, 2017 (GLOBE NEWSWIRE) -- In the wake of Following on Trump's withdrawal from the Paris Climate Agreement, U.S. denim pants makers Calvin Klein, Tommy Hilfiger, Guess, Express, American Eagle Outfitters, Wrangler, and Lee have pledged to support climate action. But, according to reports from the Carbon Disclosure Project (CDP), denim and apparel companies ignore as much as 90 pct of the climate pollution they generate.

Industry watchdog groups Stand.earth and SumOfUs argue that by outsourcing jean production to contractors in developing countries, apparel companies are able to avoid accountability for the carbon emissions created by manufacturing their products. A newly-launched campaign from Stand.earth in partnership with SumofUs is targeting denim pant makers for ignoring their greenhouse gas emissions and calling on them to take responsibility for their devastating environmental impacts and to immediately begin addressing their greenhouse gas emissions.

According to an apparel industry study, the industry generates approximately 3 pct of global greenhouse gas emissions -- the equivilant of 163,000 passenger vehicles. (Source: stand.earth, 20 July, 2017) Contact: stand.earth, Todd Paglia, Exec. Dir., (415) 863-4563, www.stand.earth

More Low-Carbon Energy News Greenhouse Gas Emissions,  Climate Change,  

DONG Energy, Science Based Target Initiative
Date: 2017-06-19
Copenhagen-headquartered offshore wind energy giant DONG Energy has confirmed that its target to slash greenhouse gas emissions by 96 pct by 2023 has been approved by the Science Based Target Initiative.

The Initiative is a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), and is a member of the We Mean Business Coalition. The Initiative is designed to provide companies "with a clearly defined pathway to future-proof growth by specifying how much and how quickly they need to reduce their greenhouse gas emissions." The Initiative helps companies ensure and develop emissions reductions that are in line with the level of de-carbonization necessary to keep global temperature increase below 2 degrees C compared to pre-industrial levels. (Source: DONG Energy, CleanTechnica, Others, 16 June , 2017] Contact: Science Based Targets initiative, www.sciencebasedtargets.org; DONG Energy, +45 99 55 11 11, www.dongenergy.com

More Low-Carbon Energy News Science Based Target Initiative,  Carbon Emissions,  Climate Change,  DONG Energy,  ,  

Thomson Reuters
Date: 2017-05-19
This just released Thomson Reuters white paper reveals not only the latest greenhouse gas (GHG) emissions data from the world's 100 largest publicly traded emitters (Global 100) but the pathways these companies have for emissions reduction and earnings growth. This information is critical as analysts and investors consider long term financial performance and as regulators continue pressing for increased transparency.

The report was written in collaboration with CDP, an international not-for-profit organization holding the world's largest collection of self-disclosed corporate environmental data, and BSD Consulting, a global sustainability consultancy, with key contributions from Baker MAccess the white paper HERE. (Source: Thomson Reuters , May, 2017)

More Low-Carbon Energy News CDP,  GHG,  Greenhouse Gas,  Carbon Emissions,  Climate Change,  

Science Based Targets Initiative,Carbon Emissions,Tetra Pak
Date: 2017-02-06
Sweden packaging industry giant Tetra Pak reports it will decrease greenhouse gas emissions from its operations by 40 pct based on 2015 levels, by the year 2030 increasing to 58 pct by 2040. It is the first food packaging firm to receive approval from the Science Based Targets (SBT) Initiative which helps companies set emission reduction targets based on climate science principles. The SBT initiative is a partnership between CDP, UN Global Compact, WRI and the WWF.

To meet its goals, Tetra Pak will improve energy efficiency at its facilities and cut its energy consumption by 12 pct. It will also purchase electricity from renewable energy sources, invest in green energy products and renewable electricity certificate programmes.

The company also plans to lower greenhouse gas emissions throughout the value chain by 16 pct per unit of revenue by 2020, working from a 2010 baseline. (Source: Tetra Pak, European Supermarket Mag., 4 Feb., 2017) Contact: Tetra Pak, Mario Abreu, VP Environment, www.tetrapak.com; Science Based Targets Initiative, www.sciencebasedtargets.org

More Low-Carbon Energy News Carbon Emissions,  

CDP,Carbon Disclosure Project
Date: 2017-01-25
The London-headquartered Carbon Disclosure Project (CDP), on behalf of the We Mean Business Coalition, reports it has has convened a panel of utilities and investment leaders from across the G20 under the Carbon Pricing Corridors initiative -- the world's first industry-led initiative aimed at defining the carbon prices needed for the power sector to meet the COP21 Paris Agreement. Over the next two years, the CEOs from PGGM, Engie, Bank of America, Iberdrola, YesBank, Hermes Fund Managers and other leaders will shape realistic prognoses of the range of investment-grade carbon prices needed to de-carbonize electric power generation through 2020, 2025 and 2030. During the course of 2017, the initiative will expand its scope beyond the power sector to include other high-emitting sectors.

The recently published recommendations from the Task Force on Climate-Related Financial Disclosures point to the clear need for investors to be able to stress test their portfolios against a below 2 degree C scenario. The Carbon Pricing Corridors initiative is due to report on its initial projections for credible carbon price ranges in Spring 2017. (Source: CDP, Sustainable Brands, 23 Jan., 2017)Contact: CDP, Paul Simpson, CEO, +44 (0) 20 3818 3946, www.cdp.net; We Mean Business Coalition, www.wemeanbusinesscoalition.org

More Low-Carbon Energy News COP21,  CDP,  Carbon Disclosure Project,  Carbon Emissions,  

CDP,Carbon Disclosure Project,Novozymes
Date: 2016-11-02
The international not-for-profit CDP (formerly the Carbon Disclosure Project) reports that Copenhagen-headquartered enzymes specialist Novozymes is again included on the "A" List of companies committed reducing carbon emissions and mitigating the business risks of climate change.

According to Novozymes, it implemented 40 different energy-saving and process optimization projects in 2015, helping reduce CO2 emissions in the company’s own operations by 7 pct, as compared with 2014. Last year, Novozymes claims its customers avoided an estimated 60 million tons of CO2 emissions by applying the company's products. The savings achieved are said to be equivalent of removing approximately 25 million cars off the road.

Novozymes claims its biological solutions save customers 100kg CO2 for every 1kg of product applied, on average.

CDP's Out of the starting blocks: Tracking progress on corporate climate action report presents carbon emissions and climate change mitigation data from 1,089 companies. The data is disclosed to CDP at the request of 827 institutional investors with assets of $100 trillion. These companies account for 12 pct of total global greenhouse gas emissions. Some 5,800 companies, representing close to 60 pct global market capitalization, disclosed environmental information through CDP in 2016. (Source: CDP. 31 Oct., 2016) Contact: CDP, +44 (0) 20 3818 3946, www.cdp.net; Novozymes, www.novozymes.com

More Low-Carbon Energy News CDP,  Carbon Disclosure Project,  Novozymes,  

CDP
Date: 2016-10-31
According to Carbon Disclosure Project's (CDP) recently released climate change report, as many as 47 Indian firms on the BSE 200 index have disclosed information related to climate change as against 34 companies in 2010.

The report found that Indian corporations are increasingly establishing internal emission reduction and renewable energy targets as well as establishing corporate carbon prices as part of their internal climate change risk mitigation initiatives. Some of the responding companies claim a 57 pct increase in estimated monetary savings year-on-year from their emission reduction initiatives.

India is the world's third largest greenhouse gas emitter. (Source: Indian Express, Others, CDP, 28 Oct., 2016) Contact: CDP, +44 (0) 20 3818 3946, www.cdp.net

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