Taiwan-based electronics manufacturing giant Hon Hai Technology Group, known internationally as Foxconn, announced a new pledge to run its worldwide operations on 100% renewable electricity by 2040. The new pledge extends a commitment made by Foxconn in 2022 to use at least 50% green power by 2030. The company’s renewable energy ratio is now greater […]
Impact News
TotalEnergies, BlackRock’s Vanguard Renewables Launch Waste-to-Clean Fuels Joint Venture
France-based energy giant Total Energies and BlackRock portfolio company Vanguard Renewables announced today an agreement to create a new joint venture to develop, projects to turn food biowaste into renewable natural gas (RNG) in the U.S. RNG, or biomethane, is produced from organic waste, such as agricultural, industrial, and household wastes, and is chemically identical […]
EU Parliament Adopts Environmental, Human Rights Sustainability Due Diligence Law
Lawmakers in the European Parliament voted 374 to 235 to adopt the Corporate Sustainability Due Diligence Directive (CSDDD), a key piece of legislation setting mandatory obligations for companies to address their negative impacts on human rights and the environment, clearing a major hurdle towards the implementation of the new law, which came into significant doubt […]
Erste Bestandsentwicklung in Erlangen erhält DGNB-Zertifizierung in Gold
Der Investment- und Assetmanager ALÌTUS Capital Partners hat für seine Immobilie Erlangen Business Carrée als erste Bestandsentwicklung in Erlangen eine Zertifizierung in Gold von der Deutschen Gesellschaft für Nachhaltiges Bauen (DGNB) erhalten. ALÌTUS hatte den Büro- und Gewerbekomplex im April 2021 erworben und seitdem durch aktives Asset-Management konsequent weiterentwickelt. Das in den Jahren 2002 bis […]
In the Name of Climate: Private vs. Public Funds
The number of public and private funds with climate-related names has surged in recent years, with more than 70% of the cumulative capitalization attributed to funds launched since the start of 2020. Despite similarity in the names, these funds are rather different. Renewable electricity accounted for over 40% of private climate funds’ net asset value, […]
Microsoft Partners with Aker Carbon Capture, CO280 to Scale Carbon Removal Market
Microsoft, carbon capture technology company Aker Carbon Capture and carbon removal project developer CO280 announced the launch of a new collaboration aimed at scaling up the carbon removal market across the full value chain, from physical project development to digital measurement, tracking, verification and reporting. According to the landmark 2022 Intergovernmental Panel on Climate Change […]
2024 U.S. Clean Electricity Outlook
The Rise of Battery Storage and Solar Power Looking ahead to 2024, U.S. generation capacity projections unveil a promising trajectory for battery storage and solar power. Battery storage is projected to grow by 82% compared to 2023 projections, while solar is projected to grow by 40%. Growth is also expected for wind power, albeit at […]
ESG-Investorengruppe will Reformen der Privatmärkte
Global ESG-Investoren fordern mehr Verantwortlichkeit von Akteuren an den privaten Märkten, um Emissionen im Portfolio zu reduzieren. Die Net Zero Asset Owner Alliance (NZAOA) mit einem verwalteten Vermögen von 9,5 Bill. Dollar erweitert ihr Vorgaben auf alle privaten Anlageklassen. Bisher waren Kreditfonds, direkt gehaltene Immobilienkreditfonds und Wohnhypothekendarlehen ausgeschlossen.
Why the mining sector must dig deep to explain its move towards net zero
The products of mining are essential components in the world’s drive to meet net zero. However, the mining industry recognizes that it also has a responsibility to manage its impacts. Explaining how the mining industry is resolving past and current issues is proving tough, but with more effective communications it can be done.
How African cities can learn from each other about building climate resilience
The climate is changing at an astronomical rate and the impact of this can be seen everywhere. Imagine stepping outside your apartment for an early morning jog, only to be greeted by a thick brown dust that makes breathing unpleasant.
95% of Apple’s Supply Chain Commits to 100% Renewable Energy Use by 2030
Apple announced significant progress towards its goal to decarbonize its value chain, including revealing that more than 320 suppliers – representing 95% of the company’s direct manufacturing spend – have now committed to use 100% renewable energy for Apple production by 2030, up from around 250 suppliers last year. Emissions from the product manufacturing represents […]
The World’s Biggest Nuclear Energy Producers
Which Country Generates the Most Nuclear Energy? Nuclear energy production in the U.S. is more than twice the amount produced by China (ranked second) and France (ranked third) put together. In total, the U.S. accounts for nearly 30% of global nuclear energy output. However, nuclear power only accounts for one-fifth of America’s electricity supply. This […]
Bezos Earth Fund to Invest $100 Million in AI-Powered Climate and Nature Solutions
The Bezos Earth Fund announced the launch of the AI for Climate and Nature Grand Challenge, with plans to grant up to $100 million to advance AI-based solutions aimed at addressing climate change and nature loss. The Bezos Earth Fund was founded in 2020, with a $10 billion philanthropic commitment from Amazon founder Jeff Bezos, […]
TetraPak-Studie: Lebensmittel- und Getränkehersteller verpflichten sich zur Reduktion von Plastik
Die Lebensmittel- und Getränkehersteller (F&B) wollen Plastik als bevorzugtes Verpackungsmaterial minimieren. Eine von Tetra Pak durchgeführte Studie hat ergeben, dass drei der fünf wichtigsten Verpflichtungen, die von Unternehmensleitern zur Bewältigung der Nachhaltigkeitsprobleme aufgeführt werden, die Reduktion von Plastik beinhalten. Die Studie untersuchte die Haltung der F&B-Hersteller zu Nachhaltigkeitsthemen zum jetzigen Zeitpunkt sowie perspektivisch in fünf […]
Umweltrat aktualisiert Berechnungen zum CO₂-Budget
In einem Kurzpapier aktualisiert der SRU seine Berechnungen zum verbleibenden deutschen CO₂-Budget.