Sourcing Renewables | Page 139

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.

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.

The Hershey Company announced new commitments on March 1 to advance its environmental progress and contribute to global climate action.

UBS Arena, the home of the New York Islanders hockey team, announced on Feb. 25 that it plans to deploy 1,000 EV charging stations to become one of the largest charging sites in the United States.

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

Etsy announced on Feb. 24 that it is deepening its commitment to a sustainable future with a new goal to reach net-zero emissions by 2030.

Wells Fargo Renewable Energy & Environmental Finance (REEF) announced on Feb. 25 that it has surpassed $10 billion in tax-equity investments in the wind, solar and fuel cell industries.

Microsoft and global digital services company Accenture announced on Feb. 24 that they are partnering to help speed the U.K.’s low-carbon transition.