Energy Efficiency | Page 2

Dorian LPG Ltd., an owner and operator of 25 modern fuel-efficient Very Large Gas Carriers (VLGCs), announced the company is implementing a series of technical upgrades aimed at enhancing the hydrodynamic efficiency of its vessels.

Far Eastern New Century (FENC), a global manufacturer in recycled polyester production, established sustainability goals for 2030, which include a 50% reduction in carbon emissions, green products constituting 50% of total production and green raw materials comprising 50% of its sourcing.

Rinchem Company, LLC, a global chemical management solutions company, announced the approval of its science-based targets by the Science Based Targets initiative (SBTi).

The Commonwealth of Virginia announced the deployment of three battery energy storage systems (BESS).

Virtusa Corporation — a global provider of digital strategy, digital engineering, and IT services and solutions — announced it received validation from the Science Based Targets initiative (SBTi) for its GHG emissions reduction targets.

Brambles announced an 8% decrease in Scope 3 emissions against fiscal year 2023 due to its continued collaboration with its CHEP brand name customers and partners to decarbonize its supply chain and lower volumes of pallet purchases.

DP World secured validation from the Science Based Targets initiative (SBTi) for its commitment to reduce its carbon footprint.

The Science Based Targets initiative (SBTi) launched sector-specific criteria and calls for building companies and financial institutions to align with net-zero goals.

The Timken Company, a global company in engineered bearings and industrial motion products, achieved a decrease of 40% in emissions from its 2018 baseline year through year-end 2023.

Resideo Technologies Inc. — a global provider of home comfort, life safety and security solutions and distributor of commercial and residential security, safety, smart-living and audio-visual products — established a reduction target of 50% by 2035 for Scope 1 and 2 emissions.