Smart Energy Decisions News

GHG Emissions - July 5, 2023

Travelers Companies Lowers Emissions by 55%

The Travelers Companies, Inc. lowered its Scope 1 and Scope 2 emissions by 55% since 2011, reinforcing its commitment to become carbon neutral across its owned operations by 2030.

Finance - July 5, 2023

Santander USA Transitions to 100% Carbon Neutral Operations

Santander Holdings USA, Inc., a financial services company, transitioned to 100% carbon-neutral operations and announced $2 billion in renewable energy finance underwritten and participated in sustainability-linked transactions totaling $61.3 billion.

GHG Emissions - July 1, 2023

Weekend Reads: Addressing Scope 3+ for Decarbonization; Solar Power Proves Worth During Heat

It’s the long holiday weekend! Kick back and catch up with these must-read articles from around the web:

GHG Emissions - June 30, 2023

Ferraro Group Increases RE to More Than 88% Globally

Ferrero Group unveiled it’s on track to achieve key sustainability targets, with 92% of its global electricity now sourced from renewables, which is up from 84% last year.

GHG Emissions - June 30, 2023

BorgWarner Speeds Up Mobility Electrification

BorgWarner, an automotive supplier, announced progress toward its net zero goal, with 23% of its electricity use coming from renewable sources, a significant increase from 3.5% in 2021. The company aims to support the low-carbon transition, expecting to generate approximately 35% of sales from eProducts in 2025 and 49% in 2027.

Industrial - June 30, 2023

Cabot Corporation Reduces NOX Emissions, Exceeds Energy Ratio Target

The Cabot Corporation, a global specialty chemicals and performance materials company, achieved its goal to reduce nitrogen oxides (NOX) emissions intensity by 50% by investing in air pollution control technology and energy recovery systems.

Energy Storage - June 30, 2023

DOE signs MOU to Accelerate Long-Duration Energy Storage

The U.S. Department of Energy along with its partners signed a Memorandum of Understanding to accelerate the commercialization of long-duration energy storage.

Commercial - June 29, 2023

Scania Places First Green Steel Order

Commercial vehicle manufacturer Scania took a big step toward decarbonizing its supply chain by placing its first order for green steel.

GHG Emissions - June 29, 2023

Ascend Makes Its Plants More Energy Efficient

Ascend Performance Materials made significant progress on its sustainability strategy, including a 64% reduction in Scope 1 GHG emissions. It also increased its renewable energy use from 20% to 26%.