GHG Emissions | Page 67

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.

It’s the long holiday weekend! Kick back and catch up with these must-read articles from around the web:

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.

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.

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.

Commercial vehicle manufacturer Scania took a big step toward decarbonizing its supply chain by placing its first order for green steel.

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%.

NASA announced that its aircraft, produced through its Sustainable Flight Demonstrator project, has been designated as the X-66A by the U.S. Air Force. The X-66A is focused on helping the U.S. reach net-zero aviation GHG emissions, a goal articulated in the White House’s U.S. Aviation Climate Action Plan.

Applied Materials, a company specializing in materials engineering solutions, achieved significant carbon reductions through the use of 100% renewable electricity in the U.S. and 69% globally, which resulted in a 3% reduction from its 2019 baseline in the company’s Scope 1 and Scope 2 emissions.

Navistar, which operates as the owner of International-branded trucks and diesel engines, plans to submit its science-based targets for validation by the Science-Based Targets initiative (SBTi).