Smart Energy Decisions News
GHG Emissions - March 4, 2021
FedEx commits to carbon-neutral operations by 2040
FedEx Corp. announced on March 3 that it set a goal to achieve carbon–neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of the initial investment in three key areas: vehicle electrification, sustainable energy and carbon sequestration.
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Finance - March 3, 2021
Jigar Shah to lead $40 billion DOE clean tech loan effort
The U.S. Department of Energy (DOE) announced on March 3 the appointment of clean energy industry pioneer Jigar Shah as Director of the Loan Program Office, which will oversee more than $40 billion in loan authority across manufacturing, innovative finance, and tribal energy projects.
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GHG Emissions - March 3, 2021
Citi's new CEO commits the bank to net zero by 2050
Citigroup's new CEO, Jane Fraser, announced on her first day as CEO on March 1 that the investment bank will be net zero in carbon emissions by 2050.
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GHG Emissions - March 3, 2021
Cargill furthers initiatives to reduce GHG emissions by 30% by 2030
Seafood provider Cargill announced on March 1 that its SeaFurther Sustainability initiative will help aqua farmers raise more sustainable seafood with less environmental impact.
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Sourcing Renewables - March 2, 2021
IKEA plans for solar car parks at retail locations
IKEA announced on Feb. 25 that it has completed its first solar car park at its Baltimore location. The location has already seen an 84% decrease in the amount of energy needed to be purchased between September – December 2020, equating to a 57% energy cost savings for the store.
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March 2, 2021
Georgia Power issues first green bond for $742 million
Georgia Power announced Feb. 26 that it issued its first sustainability bond for $742 million, representing the first sustainability bond for a domestic utility in the United States.
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Energy Efficiency - March 2, 2021
City of Madison receives energy-efficiency grant
The U.S. Department of Energy announced that it will give Dane County and the City of Madison, Wisconsin a nearly $1 million grant to make energy efficiency improvements at its shared facilities.
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GHG Emissions - March 2, 2021
Hershey sets goals to reduce environmental footprint by 2030
The Hershey Company announced new commitments on March 1 to advance its environmental progress and contribute to global climate action.
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GHG Emissions - March 1, 2021
Equinix launches €1.1B green bond for sustainability projects
Equinix announced Feb. 25 that it priced its second green bond offering for €1.1 billion to go toward advancing its sustainability initiatives and reducing its environmental impact.
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Industrial - March 1, 2021
EU plans largest carbon-free steel plant to be built in Sweden
EIT InnoEnergy announced Feb. 23 that its H2 Green Steel Initiative will be leading the construction of the world’s first large-scale carbon-free steel plant in Sweden using green hydrogen.
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