GHG Emissions | Page 219

Verizon announced two new emissions reduction targets on April 19, committing to a 53% reduction in its operational emissions (Scope 1 and 2) between 2019 and 2030 and a 40% reduction in its value chain emissions (Scope 3) between 2019 and 2035.

Morgan Stanley announced its plan to provide $1 trillion in sustainability initiatives by 2030. The first large U.S. bank to commit to net-zero financed emissions by 2050, the firm has earmarked $750 billion of the trillion dollars to finance low-carbon solutions, in addition to an initial commitment of $250 billion made in 2018.

Are audits and tune-up policies the unsung heroes of the building energy policy world? In this column from the Institute for Market Transformation (IMT), Rory Gahagan makes the case for these actions as viable stepping stones to improving energy usage and reducing GHG emissions with five key lessons any city can deploy to tune up its approach to produce successful policies.

Citi Bank announced April 15 a commitment to complete $1 trillion in sustainable financing by 2030.

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

Facebook announced April 15 that all its global operations are now supported by 100% renewable energy and that it has achieved its net zero emissions.

Apple launched April 15 a $200 million fund targeting investments in carbon removal forestry projects with the intention to remove at least 1 million metric tons of CO2 from the atmosphere annually.

HEINEKEN announced on April 15 a new goal to have carbon-neutral production sites by 2030 and throughout its full value chain by 2040. These goals represent a revision of the Dutch brewing company’s Brew a Better World climate change program and are part of its EverGreen balanced growth strategy.

The U.S. Department of Energy announced the third stage of its SuperTruck initiative, including funding of more than $162 million to improve efficiency and reduce carbon emissions among cars, trucks, and off-road vehicles.

Massachusetts Mutual Life Insurance Company (MassMutual) announced on April 15 the company’s climate change commitments to transition both its portfolio and operations to net zero, advancing a decarbonized economy.