Industrial | Page 25

Climate change has become increasingly front of mind, with many organizations looking for ways to reduce their carbon footprint and limit their impact on the environment. This blog from NRG explores one "tool in the toolkit" - the purchase and use of carbon offsets, which allow organizations to offset their greenhouse gas emissions by supporting a variety of sustainable projects.

Ashland Inc. received validation from the Science Based Targets initiative (SBTi) for its GHG emissions reduction targets.

Volvo Cars plans to reduce CO2 emissions per car by 75% by 2030, compared to a 2018 baseline.

Capstone Copper announced its total energy use rose by 12% due to increases in both fuel (13%) and electricity (11%) use due to the increased need for fuel for capital projects and electricity for its new facilities.

Sonos, a multi-room wireless home audio manufacturer, disclosed its Scope 1, 2, and 3 GHG emissions with the Carbon Disclosure Project (CDP) for the first time.

Semiconductor company Applied Materials, Inc. announced that its science-based Scope 1, 2 and 3 emissions reduction targets were validated by the Science Based Targets initiative (SBTi).

Dow announced that its board of directors has declared Final Investment Decision on the company's Fort Saskatchewan Path2Zero investment to build a net zero Scope 1 and 2 emissions-integrated ethylene cracker and derivatives facility.

Frontier, an advance market commitment (AMC) that aims to accelerate the development of carbon removal technologies, has facilitated a set of direct air capture (DAC) offtakes for carbon removal. 

The U.S. Department of Energy (DOE) Industrial Efficiency and Decarbonization Office (IEDO) announced a notice of intent (NOI) to issue a $83 million funding opportunity that will decrease emissions.