Energy Management Articles | Page 223

Stellantis announced that the Mangualde Production Center in Portugal will produce battery-electric, light-commercial vehicles (LCV) starting in early 2025.

Etsy, an ecommerce company, will allocate $30 million of its cash holdings towards an impact investment fund, which will enable the company to use capital to expand its efforts to promote sustainability.

Selling the value of investing in energy efficiency across an organization, especially in competition for precious capital, can be a real challenge. As this article from Constellation explains, demonstrating the potential return on the investment (ROI) through long-term cost reduction plus a life cycle assessment of current infrastructure is paramount when valuing the overall return of an efficiency initiative.

In its third Annual Sustainability Report, Polestar, a Swedish EV maker, confirmed it reduced relative CO2e-emissions per car sold by 8% compared to 2021 levels.

Donaldson Company, a manufacturer of filtration products and solutions, is targeting an absolute reduction of its Scope 1 and 2 GHG emissions by 42% by the end of fiscal year 2030 from a fiscal year 2021 baseline.

Microsoft Corp. plans to achieve its goal to become carbon negative by using direct air capture (DAC) systems that provide engineered carbon removal credits.

REI announced a commitment to increase access to renewable energy by sourcing locally generated renewable energy in each of its 181 stores and supporting clean energy projects that also benefit homeowners, renters and small businesses.

To benefit from cleaner and more resilient energy infrastructure across tribal lands, the Soboba Band of Luiseño Indians will add a microgrid to its Soboba Casino Resort.

Cleveland-Cliffs Inc., a flat-rolled steel producer, announced its Scope 1 and 2 GHG emissions in 2022 were below its reduction goal of 25% lower, well in advance of its 2030 target year for such reductions.