Energy Management Articles
Morgan Stanley Raises $500 Million for 1GT Climate Private Equity Strategy
Morgan Stanley Investment Management (MSIM) announced that it completed a first close for the 1GT climate private equity strategy (1GT) at $500 million of equity capital commitments.
Equinix Achieves Climate Protection Milestones
Equinix, Inc., a digital infrastructure company, announced its leadership in environmental sustainability, having achieved a 96% renewable energy coverage of its operational load for 2022, reflecting a 10% year-over-year increase in renewable energy procurement.
Sappi North America Lowers Emissions
Sappi North America, Inc., reduced emissions by 2% during the year while also lowering costs by working with customers to change transportation to rail from truck.
Lafarge Canada Uses Carbon Capture at Cement Facility
Lafarge Canada Inc. launched a project to decarbonize its cement manufacturing facility located in Richmond, British Columbia, Canada.
Clearwater Paper’s Targets Approved by SBTi
Clearwater Paper Corporation, a supplier of private brand tissue to major retailers, announced that its climate targets were validated by the Science Based Target initiative.
ICON Increase Renewable Power Use by 61.7%
ICON plc, a healthcare intelligence and clinical research organization, revealed the progress it has made in advancing its sustainability goals in 2022, with 61.7% of electricity in 2022 sourced from renewables.
Intel RE Usage Hits 93%
Intel, a semiconductor chip manufacturer, announced its growth of alternative and renewable electricity installations, with usage at 93% in 2022, up from 80% in 2021.
Herc Rentals Uses Target-Based ESG Approach
Herc Rentals Inc., an equipment rental company, reduced its Scope 1 and 2 GHG emissions intensity by 17% from a 2019 baseline, achieving 70% of the company’s goal of a 25% reduction by 2030.
EPA Proposes Carbon Pollution Standards for Power Plants
The Environmental Protection Agency (EPA) proposed several carbon pollution standards for coal and natural gas-fired power plants.
Westinghouse Electric Lowers Emissions by 27%
Westinghouse Electric Company achieved a 27% decrease in Scope 1 and 2 emissions in 2022 from a baseline year of 2019.
University of California, Shell Energy Sign for Wind Power
Shell Energy North America (US), L.P. and the Regents of the University of California are adopting the use of wind power from the SunZia Wind project.
Wendy's 2022 Corporate Responsibility Report
The Wendy's Company 2022 Corporate Responsibility report details significant progress against the three key pillars of the Company's Good Done Right ESG strategy: Food, People and Footprint. The report reflects milestones on Wendy's® journey to drive positive change, including setting new goals to cut GHG emissions.
Weekend Reads: Nuclear Power Soars, Next Level Zero Energy Design
It's the weekend! Kick back and catch up with these must-read articles from around the web:
DOE Announces $600 Million for U.S. Water Power
The U.S. Department of Energy (DOE) announced nearly $600 million in funding to modernize hydroelectric power and advance marine energy throughout the United States.
Microsoft's 2022 Environmental Sustainability Report
Microsoft’s 2022 Environmental Sustainability Report features a look at a company focused on getting its own house in order and delivering on its sustainability commitments.
Keysight Increases Use of RE, Lowers Energy Use
Keysight increased its global renewable electricity portfolio, including the installation of a 5.8 megawatt (MW) peak rooftop solar array at the company's largest facility in Penang, Malaysia.
BNP Paribas Withdraws From Financing Oil & Gas
French bank BNP Paribas will no longer provide any financing used for the development of new oil and gas fields as it continues to align its loan portfolio with a net zero emissions trajectory.
Emirates Creates $200 Million Aviation Sustainability Fund
Emirates, an international airline, announced it committed US$200 million to fund research and development projects focused on reducing the impact of fossil fuels in commercial aviation.
Yelp Creates Science-Based Reduction Plan
Yelp Inc., a company that connects customers with local businesses, set a goal to reach net zero by 2031.
Discover Targets 50% Emissions Reduction
Discover, a digital banking and payment services company established a goal to lower its Scope 1 and Scope 2 GHG emissions by 50% from the 2017 baseline by 2030.
Verizon Issues Fifth $1 Billion Green Bond
Verizon Communications Inc. settled its fifth green bond offering of $1 billion with proceeds going toward renewable energy investments.
Microsoft to Use Power From Fusion Plant
Microsoft will adopt the use of electricity from a fusion power plant that is expected to generate 50 MW or more.
DOE Invests $26 Million to Support Clean Energy Grid
The U.S. Department of Energy (DOE) announced an investment of $26 million for eight selected projects to demonstrate how solar, wind, storage, and other clean energy resources will support a strong U.S. power grid.
AT&T Adds Five Community Solar Sites
AT&T signed an agreement to subscribe to a five-project community solar portfolio in Upstate New York.
Bloomberg 2022 Impact Report
Bloomberg LP presents its 2022 Impact Report, which outlines how the company continues to address climate change through its operations and products, philanthropy and collaborations with partners and industry peers.
Granite Improves Energy Efficiency at Facilities
Granite, a construction and construction materials company, invested $6.1 million throughout the company to lower emissions and improve energy efficiency at its materials facilities.
Fiserv Advances on Scope 3 Reporting
Fiserv, Inc., a global provider of payments and financial services technology solutions, has collected and disclosed its GHG emissions over the past three years.
Australia Creates Net Zero Authority For Emissions Strategy
The Albanese government in Australia will legislate a national Net Zero Authority to ensure the promotion of economic transformation associated with achieving net zero emissions.
Salesforce Starts ‘Green Code’ Initiative For Lower Carbon Footprint
Salesforce launched a new initiative to help lower carbon emissions associated with the software development lifecycle called Green Code.
Stahl's Emissions Reduction Targets Approved by SBTi
Stahl, a provider of coating technologies, announces that its near-term GHG emissions reduction targets were validated by the Science Based Targets initiative (SBTi).
