Energy Management Articles | Page 424

GHG Emissions - April 23, 2021

Williams-Sonoma Commits to Carbon Neutrality by 2025

Williams-Sonoma announced April 22 that it is committed to being carbon neutral in its own operations by 2025 and cutting emissions across its value chain by 2030.

GHG Emissions - April 23, 2021

Russell Investments Will Manage a Net-Zero Global Portfolio by 2050

Russell Investments announced a commitment to ensuring net zero emissions within its global investment portfolios by 2050.

Sourcing Renewables - April 23, 2021

Disney World Approaches 40% Renewable Electricity

Disney World announced that it plans to develop two solar farms near Orlando, Florida. Combined with its two current solar farms, these installments will help the park rely on clean energy for 40% of its electricity needs.

April 23, 2021

Franklin Templeton Releases CSR Report, Launches Environmental Committee

Franklin Templeton’s plans for 2021 include expanding Scope 3 emissions reporting, setting emissions targets, and creating an Environmental Committee to improve the company’s current sustainability initiatives. These plans were detailed in the company's recently released Corporate Social Responsibility Report.

GHG Emissions - April 23, 2021

Hilton Shows Progress in Its 2020 ESG Report

Hilton’s 2020 Environmental, Social and Governance (ESG) Report revealed that the hotel brand is steadily working towards their 2030 SBTi goals to reduce Scope 1 and 2 GHG emissions from Hilton-managed hotels by 61%, and emissions from franchisees by 52%.

GHG Emissions - April 23, 2021

Flex Commits to Halve Operational Emissions by 2030

As it joins SBTi, manufacturing giant Flex has pledged to eliminate 50% of its absolute scope 1 and 2 greenhouse gas emissions by 2030.

GHG Emissions - April 23, 2021

L'Oréal Paris to Reduce Carbon Footprint 50% by 2030

L'Oréal Paris cosmetics company announced on April 22 that it will reduce its carbon footprint by 50% by 2030. The company will also contribute 10 million Euros to environmental projects that will benefit women around the world.

GHG Emissions - April 22, 2021

President Biden Targets 50% GHG Emissions Reduction by 2030

Building on his goal for the U.S. to achieve net zero emissions by 2050, President Biden has set a new GHG emissions target for the United States: 50% economy-wide reduction from 2005 levels by 2030.

Energy Efficiency - April 22, 2021

Kohl’s Reaches 2025 Energy Efficiency and Emissions Goals - 4 Years Early

Kohl’s announced on April 22 that it has already achieved or exceeded its 2025 energy use and emissions targets. These goals included lowering Scope 1 and Scope 2 emissions from Kohl’s-owned operations by 50% (compared to 2014) and reducing its facilities’ energy consumption by 30% (compared to 2008).

April 22, 2021

Cisco Foundation to Fight Climate Change With $100 Million

The Cisco Foundation will invest $100 million over ten years to fund nonprofit grants and solutions that fight the growing climate crisis. The Foundation's endowment, funded by Cisco, will help reverse the impact of climate change and set ambitious goals to power a more sustainable future.

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Energy Management Articles | Page 424

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