Carbon offset

SKF Increases Shift Towards Carbon Neutral Manufacturing

Thursday, February 20, 2020 - 8:16am

SKF's automotive bearing factory in Tudela, Spain joins industrial bearing factory in Steyr, Austria as the Group's first carbon neutral manufacturing sites

Key Points: 
  • SKF's automotive bearing factory in Tudela, Spain joins industrial bearing factory in Steyr, Austria as the Group's first carbon neutral manufacturing sites
    GOTHENBURG, Sweden, Feb. 20, 2020 /PRNewswire/ -- SKF's automotive bearing factory in Tudela, Spain, has become the Group's second manufacturing site to achieve carbon neutral status.
  • At both Steyr and Tudela, approximately 500 tonnes of CO2 emissions per year from heating facilities are being compensated for by Gold Standard carbon offsets.
  • Julian Jimenez Argudo, Tudela Factory Manager, says: "Being able to offer our customers products that have been manufactured in a carbon neutral factory sets us apart from the rest.
  • With 2015 as the base year,SKF aimsto reduce its CO2 emissions from manufacturing per tonne of sold bearings by 40% by 2025.

SKF Increases Shift Towards Carbon Neutral Manufacturing

Thursday, February 20, 2020 - 8:15am

GOTHENBURG, Sweden, Feb. 20, 2020 /PRNewswire/ -- SKF's automotive bearing factory in Tudela, Spain, has become the Group's second manufacturing site to achieve carbon neutral status.

Key Points: 
  • GOTHENBURG, Sweden, Feb. 20, 2020 /PRNewswire/ -- SKF's automotive bearing factory in Tudela, Spain, has become the Group's second manufacturing site to achieve carbon neutral status.
  • At both Steyr and Tudela, approximately 500 tonnes of CO2 emissions per year from heating facilities are being compensated for by Gold Standard carbon offsets.
  • Julian Jimenez Argudo, Tudela Factory Manager, says: "Being able to offer our customers products that have been manufactured in a carbon neutral factory sets us apart from the rest.
  • With 2015 as the base year,SKF aimsto reduce its CO2 emissions from manufacturing per tonne of sold bearings by 40% by 2025.

cKinetics acquires CaliforniaCarbon.info business and enhances offerings in the Climate Analytics space

Friday, February 14, 2020 - 10:09pm

It also generates analytical content covering the allowance and carbon offset market, alongside tracking policy design and legal risks.

Key Points: 
  • It also generates analytical content covering the allowance and carbon offset market, alongside tracking policy design and legal risks.
  • "As the climate change conversation becomes more mainstream, we see more countries and states replicating the carbon markets model being used in California.
  • As a first step in that direction, we plan to launch offerings related to the Low Carbon Fuel Standards Market soon.
  • "Our customers have always been our top-most priority and we are happy that they will benefit from cKinetics' considerably larger resources and focus on Climate finance," added Tanwar.

WineDirect Offsets 100% of Carbon Emissions From DTC Shipping

Thursday, February 13, 2020 - 1:00pm

Through its partner 3Degrees ,WineDirect is offsetting 100% of emissions from shipping packages through all five of its U.S. fulfillment centers by supporting landfill gas and dairy methane reduction projects.

Key Points: 
  • Through its partner 3Degrees ,WineDirect is offsetting 100% of emissions from shipping packages through all five of its U.S. fulfillment centers by supporting landfill gas and dairy methane reduction projects.
  • By choosing WineDirect as a fulfillment partner, wineries can assure their members and DTC buyers that the shipping emissions from their purchases are being offset with investments in high-quality, third-party-verified emission-reduction projects.
  • Offsettingcarbon emissions from shipping is just one of numerous ways this software and logistics company is practicing ecological stewardship.
  • WineDirect is the leader in winery direct-to-consumer (DTC) services including ecommerce, point-of-sale, wine club, fulfillment and marketplace distribution solutions.

Climate change and aviation

Wednesday, February 12, 2020 - 3:04pm

POST - Parliamentary Office of Science and Technology

Key Points: 
  • POST - Parliamentary Office of Science and Technology

    Aviation has a growing impact on climate change, as demand for air travel increases globally.

  • This POSTnote examines options for mitigating greenhouse gas (GHG) emissions from aviation, including new technologies, demand reduction and emissions offsetting.
  • The coordination of reducing aviation emissions is managed by the International Civil Aviation Organisation (ICAO).Other emissions reduction measures are implemented by the EU.TheUKshas committed tonet zero emissions by 2050, butthe UK Government has yet to clarify howemissions for air travelwill be accounted for.
  • The Committee on Climate Change (CCC, an independent body that advises the UK government on climate issues) and others have suggested that the UK increase efforts to mitigate emissions from aviation.There are several approaches to doing so, including new technologies, more efficient operations, demand reduction and emissions offsetting.

EY announces commitment to be carbon neutral by end of 2020

Thursday, January 30, 2020 - 2:00pm

LONDON, Jan. 30,2020 /PRNewswire/ --EY today announces plans to be carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions.

Key Points: 
  • LONDON, Jan. 30,2020 /PRNewswire/ --EY today announces plans to be carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions.
  • The commitment reflects the EY focus toward becoming a more sustainable organization by improving environmental performance and driving long-term, sustainable growth.
  • It will also purchase carbon credits to offset the EY carbon footprint and invest in projects that reduce carbon emissions or remove carbon from the atmosphere, for example reforestation projects.
  • Carmine Di Sibio, EY Global Chairman and CEO, says:
    "Protecting the planet for future generations is an important issue for EY people and becoming carbon neutral this year is a real step forward on the EY sustainability journey.

IATA and XCHG’s CBL Markets Announce the World’s First Airline Carbon Exchange

Thursday, January 30, 2020 - 2:00pm

In Q1 2020, CBL Markets and IATA plan to trial with airlines that want to start offsetting voluntary credits as a pilot phase.

Key Points: 
  • In Q1 2020, CBL Markets and IATA plan to trial with airlines that want to start offsetting voluntary credits as a pilot phase.
  • The CORSIA eligible emission units will be listed on ACE once ICAO has published those accepted under the scheme.
  • XCHG is thrilled to announce our partnership with IATA to help airlines achieve their carbon emission reduction goals, said Rene Velasquez, Head of Global Carbon at CBL Markets.
  • Xpansiv CBL Holding Group (XCHG) is the worlds first commodity exchange built for a new asset class: data.

EY announces commitment to be carbon neutral by end of 2020

Thursday, January 30, 2020 - 9:00am

LONDON, Jan. 30,2020 /PRNewswire/ --EY today announces plans to be carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions.

Key Points: 
  • LONDON, Jan. 30,2020 /PRNewswire/ --EY today announces plans to be carbon neutral by the end of 2020, by both reducing and offsetting its carbon emissions.
  • The commitment reflects the EY focus toward becoming a more sustainable organization by improving environmental performance and driving long-term, sustainable growth.
  • It will also purchase carbon credits to offset the EY carbon footprint and invest in projects that reduce carbon emissions or remove carbon from the atmosphere, for example reforestation projects.
  • Carmine Di Sibio, EY Global Chairman and CEO, says:
    "Protecting the planet for future generations is an important issue for EY people and becoming carbon neutral this year is a real step forward on the EY sustainability journey.

Tiger Cool Express Launches CarbonFree Load in Partnership with Carbonfund.org

Tuesday, January 28, 2020 - 5:00pm

OVERLAND PARK, Kan., Jan. 28, 2020 /PRNewswire/ -- Tiger Cool Express announced that it has partnered with the nonprofit Carbonfund.org Foundation to offer a carbon-free, temperature controlled intermodal service, the Tiger Cool Express CarbonFree Load program.

Key Points: 
  • OVERLAND PARK, Kan., Jan. 28, 2020 /PRNewswire/ -- Tiger Cool Express announced that it has partnered with the nonprofit Carbonfund.org Foundation to offer a carbon-free, temperature controlled intermodal service, the Tiger Cool Express CarbonFree Load program.
  • For customers that elect to ship CarbonFree Loads, Tiger Cool Express will calculate and obtain carbon offsets for each CarbonFree Load sufficient to offset the carbon generated by the rail service, drayage and reefer unit in transit.
  • Steve Van Kirk, CEO of Tiger Cool Express, noted how this new offering was consistent with the company's mission.
  • Tiger Cool Express is a leading provider of temperature controlled intermodal service, operating the second largest domestic refrigerated container fleet in North America.

DGAP-News: LOOPShare Announces Licencing Agreement with Greenlines Technology for Carbon Offset Production and Monetization

Tuesday, January 28, 2020 - 2:11pm

The partnership will entail the integration of LOOPShare's electric scooter telematics and digital dashboard platform, with the proprietary Greenlines Carbon Engine process.

Key Points: 
  • The partnership will entail the integration of LOOPShare's electric scooter telematics and digital dashboard platform, with the proprietary Greenlines Carbon Engine process.
  • The Carbon Engine will allow LOOPShare to capture and sell the carbon reductions generated by the users of its fleet of electric scooters by developing an offset project.
  • With the integration of the Greenlines Carbon Engine, every kilometre travelled on a LOOPShare electric scooter will be converted into a carbon offset.
  • The offset project will allow LOOPShare to convert carbon reductions into revenues for LOOPShare and help the fight against climate change.