GHG Emissions | Page 291

One year in on Goldman Sachs' plan to target $750 billion in financing, investing and advisory activity towards climate transition and inclusive growth, Chairman and CEO David M. Solomon provides an update on progress and new initiatives. Surpassing a fifth of the goal in a single year, he says, demonstrates that sustainable finance has already become a core offering from Goldman Sachs – and the demand among clients shows no signs of slowing down.

Massachusetts Governor Charlie Baker on March 26 signed comprehensive climate change legislation that commits to achieve net zero emissions in 2050 and moves the Commonwealth forward in its efforts to combat climate change and protect vulnerable communities.

Frito-Lay, a division of PepsiCo, Inc., announced progress in the transformation of its Modesto, Calif. manufacturing site, reducing absolute GHG emissions of its fleet by more than half (53%) and lowering fleet diesel usage by 78%.

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United States Steel Corporation announced March 24 its new line of sustainably-made steel and its continued sustainability commitments.

Deutsche Post DHL Group announced March 22 that it plans to deploy 80,000 electric vehicles for last-mile deliveries, 60% of its fleet, and reduce its emissions by 29 million tons in line with the Paris Agreement by 2030.

Starbucks announced March 22 an acceleration of its carbon reduction goal, now planning to achieve carbon neutral green coffee processing by 2030.

AGCO announced March 24 that it is committed to reducing greenhouse gas emissions across its manufacturing operations by 20% by the end of 2026.

The City of Kitchener, Ontario, announced March 18 that it saw a 20% reduction in its emissions since 2016, due in large part to the closure of many city facilities during the COVID-19 pandemic.

The REBA Institute and Grid Strategies released March 18 a new report that outlines a path to decarbonizing the energy system to urge action from national energy leaders.