Sourcing Renewables | Page 122

Honeywell announced March 8 the development of a 1 MW generator that will be able to act as a power source for hybrid-electric aircrafts and run on aviation biofuel.

Chevron Corporation announced March 4 a new collaboration with Microsoft that will focus on developing carbon negative power using carbon capture and sequestration technology.

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.

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.

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. 

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.

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.

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.

Within Cisco’s direct operations, the main source of emissions is the energy required to operate labs and data centers. Catherine Paquette of Cisco explains in this column how the unique approach of the company's Global Energy Management and Sustainability (GEMS) team has driven progress toward achieving their Scope 1 and 2 GHG reduction goals.

It's the weekend! Kick back and catch up with these must-read articles from around the web.