GHG Emissions | Page 243

Companies in a variety of industries are setting decarbonization targets and investing in renewables. However, brands have unique decarbonization strategies and go differently about their renewable energy purchases and partnerships. In this report from Enel Green Power, find out from leading brands in their industries how to make the best of your decarbonization strategy.

Moody’s exceeded its near-term GHG reductions targets with a 92% reduction in Scope 1 and 2 GHG emissions and a 95% reduction in Scope 3 from a 2019 base year.

PPG announced the startup of a power-generation facility at its Quattordio, Italy, automotive paint and coatings manufacturing site that is expected to reduce energy costs by 13% and carbon dioxide emissions by 10% annually.

DuPont reduced its Scope 1 and 2 GHG emissions by 10% compared to the prior year and completed its Scope 3 inventory, identifying priority value chain reduction opportunities.

Neiman Marcus Group will decarbonize the luxury retailer’s footprint through renewable energy, electrification, energy efficiency and refrigerant management.

CyrusOne, a global data center developer and operator, fulfilled its goal of using 100% renewable electricity in Europe ahead of its original goal. The company’s European facilities also met their 2030 carbon reduction commitments eight years early.

Buildings contribute to approximately a third of U.S. emissions and 40% of global emissions, so we cannot meet consensus climate targets without transforming the buildings sector. In this column, Lotte Schlegel, Executive Director, IMT, explores critical lessons from the latest UN climate report and describes three ways to best advance building decarbonization while addressing social considerations.

Allianz Group is accelerating its climate strategy and announced new commitments in both its core business and operations by limiting the GHG emissions deriving from Allianz’s sites and activities to net zero by 2030,

Sports company PUMA cut its own carbon emissions and those coming from its supply chain between 2017 and 2021 as the business grew strongly during this period.