GHG Emissions | Page 74

Boom Supersonic, the company designing a passenger supersonic airliner, announced it signed a sustainable aviation fuel (SAF) offtake agreement that will provide the company with up to 5 million gallons of SAF annually throughout the Overture flight test program.

Grupo Bimbo announced it secured approximately $850 million dollars in Sustainability-linked Bond (SLB), which represents the largest in the history of the Mexican market, and the largest transaction so far during the year.

In this episode of Smart Energy Voices, host Debra Chanil shares a keynote from Smart Energy Decisions’ recent Net Zero Forum presented by Chandra Farley, Chief Sustainability Officer for the City of Atlanta. Chandra talks about the importance of public-private partnerships, the value of positive pressure, and viewing sustainability through the lens of environmental justice.

Toyota will build a new battery plant in North Carolina that will receive an additional $2.1 billion investment to support the company’s goal toward carbon neutrality.

Emera Inc. made a 41% reduction in CO2 emissions across Emera’s operations from 2005 levels and reduced the use of coal in generation by 68% since 2005.

Newmont Corporation reported progress on its renewable energy projects at Boddington and Tanami in Australia that have the potential to reduce emissions by up to one million tons of carbon dioxide equivalent.

Arconic Corporation plans to seek a 30% reduction in Scope 1, 2, and 3 GHG emissions intensity and a 10% reduction in energy intensity by 2030 compared to a base year of 2021.

Forbright Bank announced it maintained carbon neutrality in its operational footprint for the second year in a row.

With a focus on integrating ESG priorities into its business, The Hershey Company announced a goal is to reduce its environmental impact with a 50% absolute reduction in Scope 1 and 2 GHG emissions by 2030.

To meet the growing demand for clean energy, Volvo Group signed a long-term agreement to purchase 50% of the renewable electricity produced at a wind park in Sweden, which equates to ~230GWh/year, over a 10-year period starting in the last quarter of 2025.