Industrial | Page 94

Polycor Inc. announced on April 20 its plans to be carbon neutral by 2025. The company is the first natural stone quarrier to announce its commitment to carbon neutrality.

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.

IBM plans to make sustainable energy upgrades across four different sites in New York and North Carolina. These improvements will generate $414,000 in savings annually and reduce carbon emissions by 2,416 tons every year.

The EPA announced on April 13 a total of 206 ENERGY STAR winners from more than 150 organizations in recognition of their year-over-year commitment to energy efficiency. Winners are selected from a network of thousands of ENERGY STAR partners.

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.

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.

Semiconductor company Analog Devices, Inc. (ADI) announced on April 12 new commitments that advance the company’s climate strategy, including pledging to achieve carbon neutrality by 2030 and net zero emissions by 2050.

Novelis Inc., an Atlanta-based aluminum rolling and recycling company, announced its goal to become a net carbon-neutral company by 2050 or sooner and reduce its carbon footprint by 30 % by 2026. The company already had a longstanding sustainability commitment and now commits to becoming a fully circular business with a more diverse, inclusive, and safe workplace.

Cabot Corporation has announced the completion of a significant air emissions control project at its carbon black manufacturing facility located in Franklin, Louisiana, USA. Cabot invested $85 million in technology that will improve air quality through the substantial elimination of NOX and SO2 emissions.

Ford Motor Company announced new science-based targets toward the company's goal to be carbon neutral by 2050. The targets were announced with the release of the company’s first-ever integrated sustainability and financial report.