Energy Efficiency | Page 104

Royal Bank of Canada made progress on its sustainable finance commitment and provided $84.8 billion in sustainable finance in 2022.

Thiess Group strengthened its commitment to climate change action by announcing interim targets in support of the Group’s goal of net zero Scope 1, 2 and Scope 3 emissions from operated fleet by 20

IKEA is switching from fossil-based to bio-based glues to reduce the climate footprint of board production.

United States Steel Corporation signed a non-binding Memorandum of Understanding (MoU) to pursue the capture of CO2 emissions generated from U. S. Steel’s Gary Works manufacturing plant.

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%.

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.

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.

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%.

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.

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).