Sourcing Renewables | Page 133

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.

Royal Bank of Canada (RBC) announced its intent to increase its sustainable financing by $500 billion by 2025 and achieve net zero emissions in its lending by 2050.

Kellogg announced on March 3 that it will achieve more than 50% renewable energy to address the electricity needs of its owned manufacturing globally by the end of 2022.

Target announced March 4 three new renewable energy partnerships that will cover nearly a quarter of all its electricity use with wind and solar power.

The City of Healdsburg, California announced on March 3 that it has completed a floating solar project, the largest completed in the United States to date.

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.  

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.

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.