Greenhouse gas emissions

TK Elevator to participate in DOE's Low Carbon Pilot

Retrieved on: 
Thursday, June 3, 2021
Greenhouse gas emissions, Resource economics, Energy, Articles, Environmental impact of the energy industry, Energy economics, Carbon footprint, Low-carbon economy

MIDDLETON, Tenn., June 3, 2021 /PRNewswire/ -- TK Elevator is proud to be partnering with the Department of Energy (DOE) through the Better Buildings Initiative on a Low Carbon Pilot at its manufacturing facility in Middleton, Tennessee.

Key Points: 
  • MIDDLETON, Tenn., June 3, 2021 /PRNewswire/ -- TK Elevator is proud to be partnering with the Department of Energy (DOE) through the Better Buildings Initiative on a Low Carbon Pilot at its manufacturing facility in Middleton, Tennessee.
  • As a Pilot participant, TK Elevator will share its experiences, successes and challenges pursuing low carbon strategies at its manufacturing facility within a two-year timeframe.
  • "TK Elevator is focusing heavily on our carbon footprint and we have made significant investments and commitments to create healthier buildings and products."
  • The Low Carbon Pilot program in the U.S. will help TK Elevator reach the carbon targets set last year of reducing scope 1 and 2 emissions by 25 percent by 2030 and by 50 percent by 2040.

HDFC Bank Commits To Becoming Carbon Neutral By 2031-32

Retrieved on: 
Thursday, June 3, 2021
Professional services, Environment, Alternative energy, Energy, Finance, Banking, Articles, Greenhouse gas emissions, Energy, Natural environment, Renewable energy, Environmental impact of the energy industry, Emissions reduction, Carbon dioxide, Carbon neutrality, Carbon footprint, Carbon offset, Business action on climate change

HDFC Bank today announced plans to become carbon neutral by 2031-32.

Key Points: 
  • HDFC Bank today announced plans to become carbon neutral by 2031-32.
  • As part of this initiative, the Bank is looking at reducing its emissions, energy, and water consumption.
  • The Bank will continue to incorporate and scale up the use of renewable energy in its operations.
  • The bank has a three-pronged strategy to achieve its objective to become carbon neutral: Reduce consumption, transition to renewable energy, and offset carbon footprint.

TCS Targets Net Zero Emissions by 2030

Retrieved on: 
Thursday, June 3, 2021
Hardware, Alternative energy, Other Professional Services, Data management, Energy, Manufacturing, Technology, Consulting, Professional services, Environment, Other Technology, Software, Networks, Other Energy, Internet, Engineering, Greenhouse gas emissions, Renewable energy, Service companies, BSE SENSEX, NIFTY 50, Tata Consultancy Services, Companies, Carbon neutrality, TCS, Transport

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has announced its plans to reduce its absolute greenhouse gas emissions across Scope 1 and Scope 2 by 70% by 2025 (over 2016 base year), and to achieve net zero emissions by 2030.

Key Points: 
  • Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has announced its plans to reduce its absolute greenhouse gas emissions across Scope 1 and Scope 2 by 70% by 2025 (over 2016 base year), and to achieve net zero emissions by 2030.
  • TCS Vision 25x25 is a strategic lever that delinks TCS business growth from campus expansion, and brings down emissions related to employee commutes and business travel.
  • Other elements of its net zero aspiration include greater use of renewable sources of energy and carbon removal offsets.
  • Our net zero goal underlines our renewed commitment to environmental stewardship.

Tecogen 250 kW InVerde® System Specified for Large Residential Building in Downtown Brooklyn, NY

Retrieved on: 
Wednesday, June 2, 2021
Renewable energy, Greenhouse gas emissions, Articles, Cogeneration, Energy conversion, Heating, ventilation, and air conditioning, Carbon footprint, Environmental technology, Nature

The system will provide 250 kW of onsite power for the building with the cogenerated heat used for space heating and domestic hot water for the facility.

Key Points: 
  • The system will provide 250 kW of onsite power for the building with the cogenerated heat used for space heating and domestic hot water for the facility.
  • The cogeneration plant for this building was designed and specified by an engineering firm that has partnered with Tecogen on several previous projects, noted Abinand Rangesh, Tecogens Vice President and General Manager.
  • The 250 kW InVerde e+ system will reduce the Brooklyn residential buildings GHG footprint by 100 to 170 metric tons of CO2 per year, helping it comply with New York Local Law 97 which creates financial incentives to reduce greenhouse gas emissions.
  • Tecogen, InVerde e+, Ilios, Tecochill, Tecofrost, Tecopack, Tecopower, and Ultera are pending or registered trademarks of Tecogen Inc.

Promethean Reduces Carbon Footprint and Achieves Carbon Neutrality through Corporate Social Responsibility Program

Retrieved on: 
Wednesday, June 2, 2021
Greenhouse gas emissions, Environmental impact of the energy industry, Renewable energy, Carbon dioxide, Carbon neutrality, Carbon footprint, Promethean, Energy and the environment, Articles, Nature

SEATTLE, June 2, 2021 /PRNewswire/ -- Promethean , a leading global education technology company, has reduced its carbon footprint and achieved carbon neutrality.

Key Points: 
  • SEATTLE, June 2, 2021 /PRNewswire/ -- Promethean , a leading global education technology company, has reduced its carbon footprint and achieved carbon neutrality.
  • Through four social impact pillars of its Corporate Social Responsibility program, Promethean continues to affirm its brand mission of positively impacting the environment, giving back to local communities, creating an equitable work environment, and providing quality education to students.
  • As world leaders continue to acknowledge climate change as a top priority threat, Promethean is working to enhance efforts to reduce its carbon footprint to help protect the planet.
  • As a result of tracking carbon emissions in 2019, Promethean made offset purchases to achieve carbon neutrality.

Ucommune Announces Merger With Guangdong Wanhe to Promote Carbon Neutrality and Eco-friendly Office Environments

Retrieved on: 
Wednesday, June 2, 2021
Energy, Articles, Resource economics, Renewable energy, Greenhouse gas emissions, Low-carbon economy, Energy economics, Carbon dioxide, Carbon neutrality, Low-carbon fuel standard

By integrating Guangdong Wanhe into Ucommune, the Company expects to effectively increase its number of low-carbon emission use cases for office workers, including fully digital meetings and digital approval processes.

Key Points: 
  • By integrating Guangdong Wanhe into Ucommune, the Company expects to effectively increase its number of low-carbon emission use cases for office workers, including fully digital meetings and digital approval processes.
  • The Chinese government has repeatedly emphasized its goals and specific requirements for peak emissions and carbon neutrality, making carbon neutrality a clear strategic national goal.
  • For example, Guangdong Wanhe has improved the utilization rate of traditional space components to reduce secondary waste in space design and renovation.
  • Guangdong Wanhe also replaces traditional materials with new eco-friendly materials of higher energy efficiency to reduce the total carbon emissions throughout a building's entire life cycle.

Test Results Support Potential Carbon Neutrality of Giga's Turnagain Nickel Project

Retrieved on: 
Tuesday, June 1, 2021
Carbon finance, Chemistry, Greenhouse gas emissions, Physical sciences, Climate change policy, Carbon dioxide, Renewable energy, Carbon neutrality, Natural sciences, Nickel, Turnagain, Carbon credit

"We now have empirical data that supports our ambition to build the world's first true carbon neutral nickel mine, meaning a project that achieves carbon neutrality without purchasing carbon credits.

Key Points: 
  • "We now have empirical data that supports our ambition to build the world's first true carbon neutral nickel mine, meaning a project that achieves carbon neutrality without purchasing carbon credits.
  • This sequestration rate would make Turnagain a carbon neutral project if an electrified haul fleet becomes available as depicted in the chart below.
  • Turnagain is the only undeveloped Canadian nickel project of this scale that is focussed on the battery market rather than the steel market.
  • Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding the Turnagain Project.

Nasdaq Acquires Emerging Carbon Removal Market Puro.earth

Retrieved on: 
Tuesday, June 1, 2021
Fortum, Energy, Climate change policy, Carbon finance, Electric power, Greenhouse gas emissions

STOCKHOLM, June 01, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced its acquisition of a majority stake in Puro.earth, a leading marketplace for carbon removal.

Key Points: 
  • STOCKHOLM, June 01, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced its acquisition of a majority stake in Puro.earth, a leading marketplace for carbon removal.
  • The partnership with Puro.earth will scale the marketplace to address a growing demand for carbon removal by corporations, as well as enable new carbon removal methodologies as technology evolves.
  • We look forward to working together with the Puro.earth and Fortum teams to create a global, transparent and authenticated market for carbon removal.
  • Puro.earth provides carbon removal as a service, through identifying suppliers, verifying their carbon removals and issuing CO2 Removal Certificates (CORCs), an integral part of long-term procurement portfolios to fulfill net-zero pledges.

UMC Pledges Net Zero Emissions by 2050

Retrieved on: 
Tuesday, June 1, 2021
Semiconductor, Electronic design automation, Mobile, Wireless, Technology, Telecommunications, Greenhouse gas emissions, Renewable energy, Energy, Carbon finance, Articles, Sustainable energy, Carbon dioxide, Carbon neutrality, United Microelectronics Corporation, Carbon offset, 0E, Low-carbon economy

United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (UMC) today announced its pledge to reach net zero carbon emissions by 2050 and to take concrete steps to Net Zero Action as the first semiconductor foundry globally.

Key Points: 
  • United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (UMC) today announced its pledge to reach net zero carbon emissions by 2050 and to take concrete steps to Net Zero Action as the first semiconductor foundry globally.
  • View the full release here: https://www.businesswire.com/news/home/20210531005337/en/
    UMC is joining RE100 (Graphic: Business Wire)
    To reach net zero carbon emissions by 2050, UMC has three resolutions to cover direct emissions from fab operations (Scope 1), indirect emissions from energy consumption (Scope 2), and indirect emissions from value chain (Scope 3).
  • Investment in net-zero technologies: UMC commits to invest in net zero emissions technologies and participate in Carbon Offset Projects to remove and offset carbon emissions that are inevitable or still subject to technical restrictions.
  • By committing to 100% renewable electricity by 2050, UMC joins over 300 of the worlds leading businesses committed to driving market change.

Big Oil, Gas and Coal are running out of places to hide

Retrieved on: 
Monday, May 31, 2021
Companies, Oil companies, Royal Dutch Shell, Climate variability and change, ExxonMobil, Greenhouse gas emissions, Greenhouse gas emissions by China, Climate change in Germany

In a world-first ruling, a Hague court ordered oil and gas giant Shell to reduce CO2 emissions by 45% by 2030, relative to 2019 levels.

Key Points: 
  • In a world-first ruling, a Hague court ordered oil and gas giant Shell to reduce CO2 emissions by 45% by 2030, relative to 2019 levels.
  • The court noted Shell had no emissions-reduction targets to 2030, and its policies to 2050 were "rather intangible, undefined and non-binding".
  • And last week, shareholders of ExxonMobil, one of the world's biggest corporate greenhouse gas emitters, forced a dramatic management shakeup.
  • These recent developments should act as a wake-up call for oil, gas and coal companies around the world.