Smart Energy Decisions News

Sourcing Renewables - March 11, 2021

Canadian Pacific to source fuel cells for hydrogen-powered locomotive

Canadian Pacific (CP) announced March 9 that it will be receiving 1.2 MW of electricity for its locomotive by employing fuel cell modules from Ballard Power Systems for its Hydrogen Locomotive Program.

GHG Emissions - March 10, 2021

Wells Fargo targets net zero financed emissions by 2050

Wells Fargo announced March 8 that it plans to achieve net zero greenhouse gas emissions across business operations and in its financed emissions by 2050.

GHG Emissions - March 10, 2021

Mitsubishi Heavy Industries tests carbon capture at Norwegian facility

Mitsubishi Heavy Industries Engineering (MHIENG) announced March 5 that it entered into an agreement that will allow it to begin testing its carbon capture technology at a plant in Mongstad, Norway.

Energy Efficiency - March 10, 2021

Aflac issues $400 million sustainability bond

Aflac Incorporated announced March 8 that it has issued its first sustainability bond at $400 million to finance existing or future investments in environmental or social projects.

Energy Efficiency - March 10, 2021

Santa Fe to see $88.6K in savings from energy efficiency overhaul

The City of Santa Fe, N.M., announced March 9 the competition of an energy efficiency project that is expected to save the city $88,649 in annual electricity and natural gas costs.

Sourcing Renewables - March 9, 2021

Abercrombie & Fitch to source 100% renewable energy

Abercrombie & Fitch Co. recently announced its commitment to power its global headquarters in Ohio and its distribution centers with 100% renewable energy from 2023, and subsequently signed a 13-year agreement to source all the clean electricity necessary to achieve that goal.

Solar - March 9, 2021

Bridgestone installs first solar array

Bridgestone, a global provider of tires and sustainable mobility solutions, announced on March 2 that it has installed its first ground-mounted solar array, providing power directly to its manufacturing process.

Energy Efficiency - March 9, 2021

Chipotle ties executive compensation to sustainability metrics

Chipotle Mexican Grill announced last week a new Environmental, Social and Governance (ESG) structure that will hold its executives more accountable to its goals by tying executive compensation to its ESG accomplishments.

GHG Emissions - March 9, 2021

Chevron promises higher returns, lower carbon

Chevron Corporation announced plans to increase return on capital employed and lower carbon intensity. During its annual inventory meeting on March 9, Michael Wirth, Chevron's chairman and CEO said, "We're building on our track record of capital and cost discipline to deliver higher returns. And we're taking action to advance a lower carbon future."

Sourcing Renewables - March 8, 2021

Mastercard issues $600 million sustainability bond

Mastercard announced March 3 that it successfully priced a $600 million Sustainability Bond that will fund projects in carbon reduction, supporting environmental choices for customers and fostering inclusive growth.

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