Energy Management Articles
Teva to Offer Sustainability-Linked Senior Notes
Teva Pharmaceutical Industries Ltd. announced its intention to issue $2,060,000,000 (equivalent) of sustainability-linked senior notes. The notes offering reflects Teva’s continued strong commitment to sustainable finance.
Case Study: IBM and Lendlease Leverage Green Leasing as Tenants to Achieve Net-Zero
In this case study, the Institute for Market Transformation (IMT) and the Department of Energy’s (DOE) Better Buildings Alliance highlight IBM and Lendlease as they prioritize sustainability commitments when negotiating with landlords.
Dana's Climate Commitments Validated by SBTi
Dana Incorporated announced that the Science Based Target initiative (SBTi) has validated the company's climate commitments, including reducing Scope 1 and 2 GHG emissions by more than 50%.
NY Times Pledges Net Zero Goal by 2030
The New York Times Company announced that it has set a goal to achieve net zero emissions (Scope 1 and Scope 2) across its operations by year-end 2030.
Red Cross Optimizes Power Usage
The American Red Cross will optimize the nonprofit’s electricity usage, reduce its carbon footprint, and evaluate the installation of distributed energy resources to save energy and improve resiliency.
Puget Sound Energy to Use Solar From New Farm
Puget Sound Energy’s Green Direct program will be using resources from the new Lund Hill solar farm
JetBlue Offers Customers Choice to Fund Sustainable Air Travel
JetBlue announces a partnership with a climate tech company to advancing the use of Sustainable Aviation Fuel (SAF).
Stellantis Invests in Copper Project to Advance Net Zero Goals
Stellantis announced a $155 million investment in a project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038.
ABB Sets 2025 Goals
ABB published new 2025 mid-term targets that include reducing its Scope 1 and 2 CO2e emissions by at least 70% and working with tier-one suppliers to reduce their Scope 1 and 2 CO2e emissions by 20%.
Nissan Tests Electric Heavy-duty Trucks For Delivery
Nissan is using two battery electric vehicle (BEV) heavy-duty, Class 8 trucks to deliver new vehicles from the Port of Los Angeles to dealerships in the Los Angeles region.
Chevron Lowers Carbon LNG Fleet With Modification Project
Chevron Corporation, through its subsidiary Chevron Shipping Company LLC, announced it will reduce the carbon intensity of their LNG fleet operations.
Energy Codes: The Year in Review and a Look Ahead
Energy efficiency standards might not make the hottest dinner part topic but they have a huge impact on our daily lives. In this column, Cherylyn Kelley, IMT's Manager, Building Energy Codes and Policy, reviews 2022 highlights and offers insights into what's coming up this year, including federal funding available through the Inflation Reduction Act and updates on the International Energy Conservation Codes (IECC).
Heidelberg Materials Emission Goals Approved by SBTi
The Science Based Targets initiative (SBTi) validated Heidelberg Materials’ 2030 carbon reduction targets.
IQVIA Submits Emission Goals to SBTi
IQVIA submitted near- and long-term GHG gas emissions reduction goals for approval from the Science Based Target initiative (SBTi).
Weekend Reads: Good Time/Bad Time for Battery Recycling; Good/Bad Tax Credits for Iowa Ethanol
It's the weekend! Kick back and catch up with these must-read articles from around the web:
Canada Jetlines Will Adopt Use of SAF
Canada Jetlines Operations Ltd announced the signing of an Ultra-Clean fuel offtake agreement to purchase up to 18,000,000 liters per year of jet fuel.
CEMEX Buys Electric Concrete Mixer Truck
CEMEX announced that it purchased a fully electric and zero-emission heavy concrete mixer truck.
Viant Technology Integrates Software For Carbon Reduction
Viant Technology Inc., an advertising software company, announced an integration with a software company to track its emissions usage.
A Critical Year for the Clean Energy Transition
The Office of Energy Efficiency and Renewable Energy (EERE) looks back with pride on the remarkable achievements of 2022 - from huge funding allocations and breakthrough innovations to paradigm-shifting legislation. This column reviews the accomplishments of EERE's core divisions: renewable power, energy efficiency, and sustainable transportation.
Parkway Auto Group Adds Solar in Ohio
Parkway Auto Group installed solar arrays at its Honda dealership in Dover, Ohio.
Coor Commits to 2040 Goal
Coor, a provider of facility management services, commits to reach Net-Zero GHG emissions by 2040.
HSBC Reduces Financed Emissions from Oil, Gas Sectors
HSBC Holdings commits to interim targets for reductions in financed emissions to become a net zero bank by 2050 or sooner.
Eastman Prices Inaugural Green Bond Offering
Eastman Chemical Company announced the pricing of its public offering of $500 million aggregate principal amount of 5.750% notes due 2033 in its inaugural green bond offering, according to a statement.
Wizz Air to Use SAF
Wizz Air to Use SAFWizz Air will purchase 36,000 tons of sustainable aviation fuel (SAF) per annum over a period of three years for the airline to use across its route network in Europe and the UK.
Framework for Emissions Reduction Planning: An Overview
An Emissions Reduction Plan (ERP) is essential for organizations across all sectors seeking to achieve deep Greenhouse Gas (GHG) emission reductions. In this Framework for Greenhouse Gas Emissions Reduction Planning, the U.S. Department of Energy's Better Climate Challenge outlines a process to ensure organizations develop a plan that is actionable and sets them up to achieve their GHG emissions reduction targets across a portfolio of buildings and fleets.
United Launches $100M Sustainable Flight Fund
United launched the United Airlines Ventures Sustainable Flight Fund SM, an investment vehicle designed to support start-ups focused on decarbonizing air travel by accelerating the research, production and technologies associated with sustainable aviation fuel (SAF).
Subway® Pilots Fast EV Charging Stations
Subway® will pilot Subway Oasis charging parks at select, new, or newly remodeled restaurants across the U.S. starting in 2023.
USG Gains SBTi Approval for 30% GHG Reduction Plans
USG Corporation, a manufacturer of building products, announced the Science Based Targets initiative has approved its 2030 emission reduction target of 30%.
Sasol Launches VC Fund For Decarbonization Goals
Sasol announced that it has established Sasol Ventures to advance Sasol’s decarbonization and 2050 net zero ambitions through venture capital by investing €50 million over the next five years.
Jabil Lowers Emissions By 23%
Jabil, a manufacturing solutions provider, reduced operational emissions by 23%, compared to its 2019 baseline.
