Energy Efficiency | Page 116

Loblaw Companies Ltd. has committed to reaching net zero emissions by 2040 for Scope 1 and 2, and net zero emissions by 2050 for Scope 3.

Wallbox announced its goal to achieve net zero GHG emissions across its global footprint by 2030.

Unilever is launching two pilots to trial warmer ice cream freezer cabinets with an aim of reducing energy use and GHG emissions by approximately 20% to 30% per freezer.

American Express Company announced the settlement of the company’s first Environmental, Social and Governance (ESG) Bond on May 3.

Moody’s exceeded its near-term GHG reductions targets with a 92% reduction in Scope 1 and 2 GHG emissions and a 95% reduction in Scope 3 from a 2019 base year.

PPG announced the startup of a power-generation facility at its Quattordio, Italy, automotive paint and coatings manufacturing site that is expected to reduce energy costs by 13% and carbon dioxide emissions by 10% annually.

Neiman Marcus Group will decarbonize the luxury retailer’s footprint through renewable energy, electrification, energy efficiency and refrigerant management.

Buildings contribute to approximately a third of U.S. emissions and 40% of global emissions, so we cannot meet consensus climate targets without transforming the buildings sector. In this column, Lotte Schlegel, Executive Director, IMT, explores critical lessons from the latest UN climate report and describes three ways to best advance building decarbonization while addressing social considerations.

Milliken & Company reported the progress the diversified global manufacturer made towards its sustainability goals, including increasing renewable energy use to 97,608 MWh/year, over 97% of the 2025 goal of 100,000 MWh/year.