GHG Emissions | Page 278

Apple launched April 15 a $200 million fund targeting investments in carbon removal forestry projects with the intention to remove at least 1 million metric tons of CO2 from the atmosphere annually.

HEINEKEN announced on April 15 a new goal to have carbon-neutral production sites by 2030 and throughout its full value chain by 2040. These goals represent a revision of the Dutch brewing company’s Brew a Better World climate change program and are part of its EverGreen balanced growth strategy.

The U.S. Department of Energy announced the third stage of its SuperTruck initiative, including funding of more than $162 million to improve efficiency and reduce carbon emissions among cars, trucks, and off-road vehicles.

Massachusetts Mutual Life Insurance Company (MassMutual) announced on April 15 the company’s climate change commitments to transition both its portfolio and operations to net zero, advancing a decarbonized economy.

The We Mean Business coalition, a collection of 310 businesses and investors, released April 13 alongside Ceres an open letter to President Biden showing support for a federal prioritization of climate action and emissions targets.

Johnnie Walker announced April 14 its wide-ranging Next Steps Initiatives plan, with goals to increase the Scotch brand’s sustainability from grain to glass.

Construction is underway to build a 1.8 MW rooftop solar project at the University at Albany (UAlbany), which will supply 60% of the estimated electricity needed by the campus' new $180 million Emerging Technology and Entrepreneurship Complex (ETEC).

Ranpak Holdings Corp, an Ohio-based paper and recycling packaging solutions company, committed to reducing absolute Scope 1 and 2 GHG emissions by at least 46% by 2030, which is in line with the global reductions necessary to keep global warming to 1.5°C from pre-industrial levels. The company announced the target with the release of its 2020 ESG Impact Report.

Temasek and BlackRock, Inc. announced April 12 the establishment of a partnership called Decarbonization Partners, which will launch a series of late-stage venture capital and early growth private equity investment funds focused on advancing decarbonization solutions to accelerate global efforts to achieve a net zero economy by 2050.