Carbon Footprint

Global expenditure on clean energy will double by 2024, according to the IEA

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According to a new analysis by the International Energy Agency (IEA), worldwide investment in clean energy is expected to nearly double the amount going to fossil fuels in 2024 despite persistent funding difficulties. This increase is mostly due to improved supply chains and reduced costs for renewable technology. In 2024, it is anticipated that global …

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The Active Apparel Group declares its dedication to a new decarbonization initiative.

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The company will integrate important environmental policy commitments through its new Environmental Management System (EMS), which was constructed using the ISO14001 Standard Framework. It will also set targets and strategies to minimise the carbon footprint of its operations across China, Australia, and the USA. After conducting a thorough third-party audit of its greenhouse gas (GHG) …

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Levi Strauss Net Zero goal for 2050 is approved by SBTi

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The Science Based Targets Initiative (SBTi) has adopted Levi Strauss net zero targets for 2050. According to LS&Co.’s chief sustainability officer Jeffrey Hogue, the official approval by SBTi establishes a clear benchmark for all of Levi Strauss’s initiatives. “Therefore, we are aligning our supply chain emissions reduction pathways to be consistent with limiting temperature rise …

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‘Save the Planet’ citizens’ initiative is registered by the European Commission

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“Save the Planet by Shifting Taxation from Labour to Greenhouse Gas Emissions” is the title of a European Citizens’ Initiative (ECI) that the European Commission has formally registered. This action is a big step toward using creative economic strategies to combat climate change. The initiative’s organizers implore the commission to improve the EU carbon pricing …

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Global efforts to decarbonize freight are led by modal shift in 2023

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According to Transporeon’s most recent “2024 Green Freight Report: Is Transportation on Track?”, the modal shift was the most popular strategy for accelerating global freight decarbonization in 2023, with 21.8% of respondents favoring this option. This was closely followed by carrier optimization at 13.8% and load and route optimization at 18.2%, showing a significant demand …

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Joint study to be conducted by Asahi Kasei, Mitsui, and Mitsubishi in Japan

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To promote carbon neutrality and lead the decarbonization of society, Asahi Kasei, Mitsui Chemicals, and Mitsubishi Chemical have decided to conduct a cooperative feasibility study on feedstock and fuel conversion, among other things, at the three companies’ ethylene manufacturing sites in western Japan. The petrochemical industry’s upstream begins with the manufacturing of ethylene. Ethylene is …

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The US announces its first-ever nationwide freight sector emissions goal

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Along with a pledge to create a national zero-emissions freight strategy, the US government yesterday unveiled the first-ever national target to shift to a zero-emissions freight sector for truck, rail, aviation, and marine. According to a White House fact sheet, this approach entails fresh federal investments that were made public yesterday, ongoing stakeholder engagement on …

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Net-Zero Industry Act is passed by the EU Parliament to accelerate decarbonization

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The Net-Zero Industry Act, a ground-breaking attempt to increase the European Union’s (EU) self-reliance in technologies necessary for decarbonization, was endorsed by the European Parliament. The legislation, which was passed on Thursday, aligns with national energy and climate plans and sets ambitious goals for the continent to provide 40% of its annual net-zero technology needs …

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To decarbonize freight operations, the UK invests $2.25 million

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Guy Opperman, the UK’s Minister of Roads, has presented the third installment of the £1.8 million (~$2.25 million) Freight Innovation Fund Accelerator, which is part of a larger £7 million (~$8.76 million) program to drive technology breakthroughs in the freight industry. The program is a component of the government’s larger plan to decarbonize freight operations …

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HanesBrands Inc. plans to attain zero waste in all aspects of their business by 2025

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The parent company of the garment brands Champion, Bonds, Maidenform, and Bali, HanesBrands Inc., wants to achieve zero waste in all sectors of the business by 2025, as stated in its most recent Sustainability report. The study delineates the steps the apparel company has taken to ensure it fulfills its sustainability targets for 2025 to …

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