Industrial | Page 5

Global water technology company A. O. Smith Corporation announced it surpassed its GHG emissions reduction goal by 17%.

The Science Based Targets initiative (SBTi) has approved Nokian Tyres’ new GHG emissions reduction targets, including both near-term targets for 2030 and long-term targets to reach net-zero GHG emissions across the value chain by 2050.

Virginia Tech was chosen by the U.S. Department of Energy Office of Fossil Energy and Carbon Management to lead a feasibility research study for developing a regional carbon dioxide storage complex in the Roanoke Valley.

Microsoft is building its first data centers made with superstrong, ultra-lightweight wood in a bid to slash the use of steel and concrete, which are among the most significant sources of carbon emissions.

Cosmetics and perfume manufacturer Coty surpassed Scope 1 and 2 emissions reduction targets and achieved a significant 65% reduction in Scope 3 air freight emissions.

Exercise equipment manufacturer Peloton is on track to submit its emissions-reduction targets to the Science Based Targets initiative (SBTi) by the end of 2025.

Kalmar — a company that offers heavy material handling equipment and services to ports and terminals, distribution centers, manufacturing and heavy logistics — set near- and long-term emission reduction targets.

Rayonier Advanced Materials Inc. announced  the company is on track to meet its 2030 goal of reducing combined Scope 1 and 2 GHG emissions by 40% from its 2020 baseline. Leveraging sustainable products and circular processes, RYAM sourced nearly 78% of the energy consumed in its global operations from renewable resources.

Lumentum Holdings Inc., a designer and manufacturer of optical and photonic products, expanded its commitment to reduce Scope 3 emissions by submitting targets to the Science-Based Targets initiative (SBTi).

Ecolab Inc., a global sustainability company offering water, hygiene and infection prevention solutions and services, announced that its climate targets were approved by the Science-Based Targets initiative (SBTi).