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Statkraft Supplying Wind Power to Nestle's German Plants (Int'l.)
Statkraft
Date: 2022-02-04
Oslo-headquartered Norwegian state-owned energy giant Statkraft AS, Europe's largest rrenewable energy producer, reports it will supply 109 GWh of wind power -- sufficient for roughly 13,600 households -- to food product giant Nestles' plants in Hamburg, Neuss, Nonnweiler and Biessenhofen, Germany.

Statkraft will supply 54.4 GWh per year of wind power from January 2022 to December 2023 from six of its own wind farms which will no longer receive EEG subsidies. 54.4 GWh corresponds to the electric power use of 13,600 German households. Other details have not been released.

Statkraft is a global energy producer of hydropower, wind power, solar power, gas-fired power and district heating with operations in 18 countries. In Germany, Statkraft is the leader in direct marketing of renewable energy with a portfolio of approx. 11,000 MW. (Source: Statkraft, Website PR, 3 Jan., 2022) Contact: Neste Corp.,, Minna Aila, Senior VP, Sustainability and Corporate Affairs, +358 50 458 5076, www.neste.com; Statkraft, Lars Magnus Gunther, +47 912 41 636, larsmagnus.gunther@statkraft.com, www.statkraft.com

More Low-Carbon Energy News Statkraft,  Wind,  


Nestle Australia Going 100 Pct Renewable Energy (Int'l. Report)
Nestle
Date: 2021-12-15
Swiss food giant Nestle is reporting its Australian unit, Nestle Australia, is switching its six Australian factories, two distribution center, three corporate offices, 20 retail boutiques, and laboratory to 100 pct renewable electricity, and, to that end, has partnered with CWP Renewables for its first wind energy power purchase agreement (PPA). The company is aiming to reduce its net emissions by 50 pct by 2030 and achieving net-zero by 2050.

CWP Renewables' Crudine Ridge and Sapphire wind farms in NSW will generate sufficient electricity to meet Nestle Australia's needs each year -- the equivalent of powering approximately 19,000 households per year. With the switch to renewable, Nestlewill avoid around 73,000 tpy of carbon emissions. The company is also committing to achieving carbon neutrality for several of its brands as well as making 100 pct of its packaging recyclable or reusable by 2025 .

Download the Nestle Net Zero Roadmap HERE (Source: Nestle, Dec., 2021) Contact: Nestle, Nestle Oceania, Sandra Martinez, CEO, www.nestle.com; CWP Renewables, Jason Willoughby, CEO, www.wprenewables.com

More Low-Carbon Energy News Nestle,  Renewable Energy,  Carbon Emissions,  


Major Business Support for Biden Administration's Climate Action Plan (Opinions, Editorials & Aside)
We Mean Business Cooalition
Date: 2021-04-16
On Tuesday, in an open letter organized by the We Mean Business coalition to President Biden, 310 businesses and investors with a footprint in the U.S. signed their support for the Biden administration's commitment to climate action and for setting a federal climate target to reduce emissions.

An excerpt from the letter states, "To restore the standing of the U.S. as a global leader, we need to address the climate crisis at the pace and scale it demands. Specifically, the U.S. must adopt an emissions reduction target that will place the country on a credible pathway to reach net-zero emissions by 2050. We, therefore, call on you to adopt the ambitious and attainable target of cutting GHG emissions by at least 50 pct below 2005 levels by 2030."

The letter demonstrates the U.S. business and investor communities' strong support for a highly ambitious 2030 emissions reduction target, or Nationally Determined Contribution (NDC) pursuant to the Paris Agreement, in pursuit of reaching net-zero emissions by 2050. Latest climate modeling shows that at least halving emissions by 2030 is achievable, and provides strong economic benefits. The Biden administration is expected to announce its NDC prior to the Leaders Summit on Climate.

Business signatories of the letter collectively represent over $3 trillion in annual revenue and employ nearly 6 million U.S. workers across all 50 states. They range in size from small- and medium-sized enterprises (SMEs) to large multinational corporations, and represent a number of industries. Investor signatories collectively represent more than $1 trillion in assets under management and include CalSTRS, the New York State Comptroller, the New York City Comptroller and the California State Controller's Office, among others.

"The U.S. business community is committed to doing its part to reduce emissions because it is good for the economy and helps us build back better. Companies want to work with the Biden administration toward a better future for all," said Maria Mendiluce, CEO of the We Mean Business coalition. "I applaud businesses and investors for raising their voices in support of at least halving U.S. emissions by 2030. This is what the climate crisis requires, and will strengthen the country's competitiveness and create more good jobs"

"A strong national emissions reduction target is just what we need to catalyze a net-zero emissions future and build back a more equitable and inclusive economy," said Anne Kelly, vice president of government relations at Ceres. "Businesses of all sizes recognize that reducing emissions is vital to keeping the U.S. competitive, and protecting the health and well-being of people and the planet. By setting a strong target, the Biden administration can ensure the U.S. is ready to return to its role as a global climate leader and spur further action from the private sector."

We Mean Business is a global coalition of nonprofit organizations working with the world's most influential businesses to take action on climate change. The coalition brings together seven organizations: BSR, CDP, Ceres, The B Team, The Climate Group, The Prince of Wales's Corporate Leaders Group and the World Business Council for Sustainable Development. Together we catalyze business action to drive policy ambition and accelerate the transition to a zero-carbon economy.

Business signatories to the letter include Apple; Ben & Jerry's Homemade, Inc.; BT Americas; Boston Consulting Group; Burton; Coca-Cola; Danone North America; DSM North America; Edison International; Facebook; GAP Inc.; General Electric; Google; H&M; Hewlett Packard Enterprise; HP Inc.; IKEA Retail U.S.; Johnson & Johnson; Kellogg Company; LafargeHolcim; Levi Strauss & Co.; Lyft, Inc.; MARS; Mastercard; McDonald's Corporation; Microsoft; National Grid; New Belgium Brewing; Nestle; Nike; Novozymes North America; Orsted North America; Ralph Lauren Corp.; Schneider Electric; Siemens; Solvay; Starbucks; Tiffany & Co; Unilever; Verizon; VF Corporation; and Walmart, among others. (Source: We Mean Business Coalition, PR, Apr., 2021) Contact: We Mean Business Coalition, Maria Mendiluce, CEO, Kristen King, 904-608-1745, kristen@wemeanbusinesscoalition.org, www.wemeanbusinesscoalition.org

More Low-Carbon Energy News Climate Change,  


Private Sector Cooperates to Scale Carbon Offsetting Markets (Int'l.)
Carbon Markets,Institute of International Finance
Date: 2020-09-04
The Institute of International Finance (IIF) is reporting Unilever, Nestle, BP and Shell are among the 40 top private sector members of a new Taskforce on Scaling Voluntary Carbon Markets spearheaded by former Bank of Canada and Bank of England Governor Mark Carney.

The Taskforce will work to take stock of existing voluntary offsetting schemes and identify key challenges to scaling them up while helping businesses meet their own commitments and to align with legally binding climate targets in the markets where they operate. It is also hoped the Taskforce will play a role in boosting carbon prices which stood at a global average of $2 per ton in Oct., 2019.

According to Carney , the current market for offsets will need to grow by at least 15-fold by 2030 if the private sector is to align with the Paris Agreement's 1.5C trajectory by 2050. Carney noted it may need to be up to 160 times bigger than in 2020, should corporates rely on offsetting rather than emissions reductions. (Source: IIF, Taskforce on Scaling Voluntary Carbon Markets, edie, PR, Sept., 2020) Contact: Institute of International Finance, Taskforce on Scaling Voluntary Carbon Markets, info@iif.org, www.iif.com/tsvcm/Main-Page/Publications/ID/4061/Private-Sector-Voluntary-Carbon-Markets-Taskforce-Established-to-Help-Meet-Climate-Goals

More Low-Carbon Energy News Institute of International Finance ,  Carbon Emissions,  Carbon Markets,  


Oslo Bans Palm Oil Biofuels to Stop Deforestation (Int'l. Report)
Palm Oil Biofuel
Date: 2020-07-17
In Oslo, the Norwegian Parliament has voted to ban the biofuels industry from purchasing and using unsustainably produced palm oil and palm oil related products that are directly or indirectly associated with deforestation and climate change.

In September 2018, Greenpeace reported at least 25 palm oil exploiting companies -- Colgate-Palmolive , General Mills, Hershey, Kellogg's , Kraft Heinz, L'Oreal , Mars, Mondelez, Nestle , PepsiCo , Reckitt Benckiser, Unilever and others -- were to blame for the disappearance of 1,300 square kilometers of Indonesian jungle. (Source: The Swamp, Tewodros Kore News, 16 July, 2020)

More Low-Carbon Energy News Palm Oil,  Biofuel,  Climate Change,  Deforestation,  


Centrica Expands US Presence with SmartWatt Acquisition (M&A)
Centrica,SmartWatt
Date: 2019-06-21
In the UK, Centrica reports it has agreed to the $37 million (£29 million) acquisition of U.S. based energy services and solutions provider SmartWatt. With the acquisition, SmartWatt will become part of energy giant Centrica's distributed energy and power unit, Centrica Business Solutions. The transaction is expected to close on 1 July 2019.

SmartWatt, which is headquartered in Albany, New York, focuses on combining lighting retrofits, energy efficiency upgrades, HVAC, building automation and on-site renewables for C&I customers. The company has 14 offices throughout the US, and has completed installations for major companies including FedEx, Nestle and Pepsi. (Source: Centrica, Current+-, 20 June, 2019) Contact: SmartWatt, Chris Covell, CEO, (518) 406-5079, www.smartwatt.com; Centrica, +44 (0) 1784 843000, +44 (0)1753 494000. media@centrica.com, www.centrica.com

More Low-Carbon Energy News SmartWatt,  Centrica,  Energy Efficiency,  

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