Industrial | Page 77

Arconic Corporation announced June 2 that it successfully decreased greenhouse gas emissions by 13.8% from 2019 to 2020.

United Microelectronics Corporation announced June 1 its commitment to being net-zero by 2050.

Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered and UniCredit are collaborating on developing a finance agreement that will support the decarbonization of the steel industry.

Organic Valley dairy farms were found to have a smaller carbon footprint than the average U.S. dairy farm in a new study conducted by the University of Wisconsin-Madison.

Kao Corporation announced May 18 that it is targeting net-zero carbon emissions by 2040 and to be a carbon-negative company by 2050.

It’s clear that an increasing number of industry leaders have taken the first steps toward carbon neutrality, while simultaneously optimizing their energy bill costs. Few, however, are well-advanced in their promises and actions.  This column from management consultancy Arthur D. Little explores hurdles and options industrial and large commercial companies should consider in order to achieve their ambitions.

The U.S. DOE's Better Buildings Initiative saved $13.5 billion in energy costs and more than 130 million metric tons of carbon emissions in the past year.

IFF announced May 13 that it achieved all its key sustainability targets set for 2020 and surpassed its emissions target by reducing greenhouse gas emissions 42.6% below 2010 levels.

BWM Group announced May 12 its ambition to reduce its carbon footprint by over 200 million tons of CO2 emissions by 2030.

Smart Energy Decisions’ Summer Renewable Energy Forum is set to take place June 7-10 with a full roster of renewable energy buyers from almost 60 large power users and two dozen leading industry suppliers led by Presenting Sponsor NRG, who will convene on SED’s Virtual EventHub with the goal of “Collaborating for a Net Zero Future.”