GHG Emissions | Page 220

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.

The We Mean Business coalition, a collection of 310 businesses and investors, released April 13 alongside Ceres an open letter to President Biden showing support for a federal prioritization of climate action and emissions targets.

Johnnie Walker announced April 14 its wide-ranging Next Steps Initiatives plan, with goals to increase the Scotch brand’s sustainability from grain to glass.

Construction is underway to build a 1.8 MW rooftop solar project at the University at Albany (UAlbany), which will supply 60% of the estimated electricity needed by the campus' new $180 million Emerging Technology and Entrepreneurship Complex (ETEC).

Ranpak Holdings Corp, an Ohio-based paper and recycling packaging solutions company, committed to reducing absolute Scope 1 and 2 GHG emissions by at least 46% by 2030, which is in line with the global reductions necessary to keep global warming to 1.5°C from pre-industrial levels. The company announced the target with the release of its 2020 ESG Impact Report.

Temasek and BlackRock, Inc. announced April 12 the establishment of a partnership called Decarbonization Partners, which will launch a series of late-stage venture capital and early growth private equity investment funds focused on advancing decarbonization solutions to accelerate global efforts to achieve a net zero economy by 2050.

Mayor Frank G. Jackson announced his commitment to combating climate change by transitioning Cleveland to powering itself with 100% clean and renewable energy sources by 2050. This update to the city’s 2018 Cleveland Climate Action Plan (CAP), features a goal to reduce greenhouse gas (GHG) emissions by 80% over a 2010 baseline by 2050.

Semiconductor company Analog Devices, Inc. (ADI) announced on April 12 new commitments that advance the company’s climate strategy, including pledging to achieve carbon neutrality by 2030 and net zero emissions by 2050.

Rhode Island governor Daniel McKee signed a bill into law on April 10 that requires the state to reach net-zero greenhouse gas emissions by 2050.