Energy Efficiency | Page 86

Occidental’s first large-scale Direct Air Capture (DAC) plant in Texas’ Permian Basin — developed by 1PointFive, a subsidiary of Occidental — will utilize two compressor packages to enable the plant to capture up to metric tons of CO2 per year once fully operational.

Kingspan Group, a global company in high-performance insulation and building envelope solutions, announced a 26% reduction in absolute scope 1 and 2 GHG emissions relative to its 2020 base year as part of its 10-year sustainability program, Planet Passionate.

The U.S. Department of Energy's Better Buildings Challenge presents the GHG Emissions Reduction Audit: A Checklist for Owners. This resource includes guidance and an accompanying checklist that details recommended services and deliverables for a building-level greenhouse gas (GHG) emissions reduction audit for operational Scope 1 and 2 emissions. 

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.