Industrial | Page 7

Industrial - October 16, 2023

Lumentum Decreases Emissions by 25%, Doubles RE Use

Lumentum Holdings Inc., a designer and manufacturer of optical and photonic products, made progress on its emissions reduction targets, including achieving a 25% decrease in Scope 1 and 2 GHG emissions compared to fiscal 2022.

Sourcing Renewables - October 16, 2023

DOE Allocates $7 Billion for Clean Hydrogen Hubs

The U.S. Department of Energy announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) to accelerate the commercial-scale deployment of low-cost, clean hydrogen.

GHG Emissions - October 13, 2023

Goodyear Tire & Rubber Targets Approved by SBTi

The Goodyear Tire & Rubber Company announced its science-based near-term and net-zero greenhouse gas (GHG) reduction targets were validated by the Science Based Targets initiative (SBTi).

Finance - October 12, 2023

IMTT Issues Sustainability-Linked Term Loan

International-Matex Tank Terminals — a company in the handling and storage of bulk liquid products including energy transition fuels, feedstocks and petrochemicals — announced the issuance of its inaugural Sustainability-linked Term Loan B.

Solar - October 10, 2023

Novelis Deploys Solar for Alabama Plant

Novelis Inc., an aluminum solutions provider, announced plans to increase its decarbonization efforts by deploying the use of solar.

Sourcing Renewables - October 6, 2023

Ford, GM Join Companies Seeking Federal Investment in Clean Aluminum

The Department of Energy must invest in American-made clean aluminum to reduce industrial emissions and retain and create manufacturing jobs, according to a letter sent by Ford Motor Co., General Motors, Pepsi Co. and other companies.

GHG Emissions - September 29, 2023

Timken Lowers Emissions by 25%, Increases RE

The Timken Company, a global company in engineered bearings and industrial motion products, achieved a decrease of nearly 25% in emissions at the end of 2022 from its 2018 baseline.

Sourcing Renewables - September 27, 2023

Nucor Collaborates to Deploy Fusion Plant

Nucor Corporation, a steel producer and recycler in North America, announced an agreement to develop a 500 MWe fusion power plant at a U.S. Nucor steel manufacturing facility.

Solar - September 27, 2023

Hormel Foods' Jennie-O Turkey Plant Adds Solar

Hormel Foods Corporation, a branded food company, announced the completion of an 8-acre solar field for its plant in Montevideo, Minnesota.

September 25, 2023

Golden Valley Electric Adds Wind Power, Energy Storage

Golden Valley Electric Association will add wind power and signed an agreement to deploy a 1.2 GWh utility-scale long-duration energy storage system that was was chosen by the Department of Energy.