GHG Emissions | Page 308

Amid a growing number of net zero targets coming from large companies, there is an emerging need to set standards and common language in order for stakeholders to make sense of it all, a new study found.

The City of Virginia, Minn., announced Nov. 10 that it completed a citywide energy efficiency project financed by a $2.5 million Energy Savings Performance Contract (ESPC) that will guarantee energy cost savings and reduce municipal energy consumption by approximately 21%.

The challenge of harmonizing opposing forces should be familiar to corporate energy managers. As this presentation from Calpine notes, for years, they have been tasked with balancing the yin of fragmented market rules and extreme price volatility with the yang of disciplined governance and management practices.

TD Bank announced Nov. 9 that it is committed to achieving net zero emissions in its operations and financing activities by 2050.

Bendix Commercial Vehicle Systems announced Nov. 4 that it is committed to halfing CO2 emissions by 2030 and achieving carbon neutrality in all global operations by 2021.

Material Bank announced Nov. 3 that all its sample orders are officially shipping 100% carbon neutral.

Range Resources Corporation recently announced that it is committed to achieving net zero emissions by 2025.

A task force developed in a collaboration between the Fairfax County Government and Fairfax County Public Schools in Northern Virginia is advocating for the county’s adoption of a goal to achieve carbon neutrality in its government and school operations by 2040.

The Estee Lauder Companies announced Nov. 2 that it has achieved its two targets of net zero emissions and sourcing 100% renewable electricity globally for its direct operations.

Norwegian Air recently announced that it is committed to reducing carbon emissions by 45% from 2010 levels by 2030, a goal that aligns the company's sustainability strategy with the Paris Agreement.