Smart Energy Decisions News
Finance - July 5, 2023
Santander USA Transitions to 100% Carbon Neutral Operations
Santander Holdings USA, Inc., a financial services company, transitioned to 100% carbon-neutral operations and announced $2 billion in renewable energy finance underwritten and participated in sustainability-linked transactions totaling $61.3 billion.
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GHG Emissions - July 5, 2023
Travelers Companies Lowers Emissions by 55%
The Travelers Companies, Inc. lowered its Scope 1 and Scope 2 emissions by 55% since 2011, reinforcing its commitment to become carbon neutral across its owned operations by 2030.
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Solar - July 5, 2023
Public Storage Nearly Triples Solar Power
Public Storage announced the company nearly tripled its properties with solar power capability, with plans to reach over 1,000 properties by 2025.
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Sourcing Renewables - July 5, 2023
Brookfield's Entire Office Portfolio to be Powered by Zero-Emissions Electricity
Brookfield Properties announced the entire U.S. office portfolio it manages will be powered by zero-emissions electricity by 2026.
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GHG Emissions - July 1, 2023
Weekend Reads: Addressing Scope 3+ for Decarbonization; Solar Power Proves Worth During Heat
It’s the long holiday weekend! Kick back and catch up with these must-read articles from around the web:
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GHG Emissions - June 30, 2023
Ferraro Group Increases RE to More Than 88% Globally
Ferrero Group unveiled it’s on track to achieve key sustainability targets, with 92% of its global electricity now sourced from renewables, which is up from 84% last year.
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GHG Emissions - June 30, 2023
BorgWarner Speeds Up Mobility Electrification
BorgWarner, an automotive supplier, announced progress toward its net zero goal, with 23% of its electricity use coming from renewable sources, a significant increase from 3.5% in 2021. The company aims to support the low-carbon transition, expecting to generate approximately 35% of sales from eProducts in 2025 and 49% in 2027.
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Industrial - June 30, 2023
Cabot Corporation Reduces NOX Emissions, Exceeds Energy Ratio Target
The Cabot Corporation, a global specialty chemicals and performance materials company, achieved its goal to reduce nitrogen oxides (NOX) emissions intensity by 50% by investing in air pollution control technology and energy recovery systems.
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Energy Storage - June 30, 2023
DOE signs MOU to Accelerate Long-Duration Energy Storage
The U.S. Department of Energy along with its partners signed a Memorandum of Understanding to accelerate the commercialization of long-duration energy storage.
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GHG Emissions - June 29, 2023
Ascend Makes Its Plants More Energy Efficient
Ascend Performance Materials made significant progress on its sustainability strategy, including a 64% reduction in Scope 1 GHG emissions. It also increased its renewable energy use from 20% to 26%.
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