Commercial | Page 121

L'Oreal announced June 25 their "L'Oreal for the future" sustainability plan, which includes targets to achieve carbon neutrality and 100% renewable energy at all their sites before 2025 and reduce greenhouse gas emissions per finished product 50% from 2016 levels before 2030.

As companies adjust to a new normal during COVID-19, sustainability teams face their own challenge: assessing whether and how the coronavirus pandemic and its economic fallout will affect progress toward their company’s renewable energy and greenhouse gas reduction goals. In this column, Caitlin Marquis of Advance Energy Economy outlines how conditions are affecting the energy industry, how regulators and lawmakers are responding, and what to watch for in the months ahead.

Ford Motor Company announced June 24 that they are ramping up their climate change goals and intend to be carbon neutral globally by 2050 and power all manufacturing plants with 100% locally sourced renewable energy by 2035.

Smart Energy Decisions announces that the 2nd Distributed Energy Forum will shift into Virtual mode and take place on September 21-25, 2020.

Amazon announced June 23 that they are introducing a $2 billion investment into The Climate Pledge Fund, which will advance the development of sustainability solutions to accomplish the goals of The Climate Pledge's target for net-zero carbon before 2040.

Bluebeard’s Castle Resort in the U.S. Virgin Islands received an upgrade to its commercial solar system to increase its capacity after it was damaged during two hurricanes in 2017.

MetLife announced June 17 that they achieved all their 2020 environmental goals on target, including becoming carbon neutral, reducing energy consumption by 10% since 2012 and reducing location-based emissions by 10% since 2012.

The power grid is evolving, and businesses can earn revenue and save significantly by helping the grid through grid programs and flexible energy use. In this eBook from Enel X, find out how to maximize the value of your energy assets.

Unilever announced June 16 that they will be investing €1 billion into a new Climate & Nature fund that will fund environmental projects over the next 10 years and contribute to their achievement of net-zero carbon emissions from all their products by 2039.

Dow announced June 17 that they have committed to achieve carbon neutrality by 2050 and reduce carbon emissions by 15% between 2020 and 2030.