Industrial | Page 84

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.

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.

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.

Novelis Inc., an Atlanta-based aluminum rolling and recycling company, announced its goal to become a net carbon-neutral company by 2050 or sooner and reduce its carbon footprint by 30 % by 2026. The company already had a longstanding sustainability commitment and now commits to becoming a fully circular business with a more diverse, inclusive, and safe workplace.

Cabot Corporation has announced the completion of a significant air emissions control project at its carbon black manufacturing facility located in Franklin, Louisiana, USA. Cabot invested $85 million in technology that will improve air quality through the substantial elimination of NOX and SO2 emissions.

Ford Motor Company announced new science-based targets toward the company's goal to be carbon neutral by 2050. The targets were announced with the release of the company’s first-ever integrated sustainability and financial report.

The California Nevada Cement Industry Association announced plans to achieve net zero carbon emissions by 2045, outlining opportunities and actions to take to meet this goal. The commitment supports California’s state GHG reduction goal and is committed to carbon neutrality, consistent with the belief that curbing emissions is necessary to avoid the worst impacts of climate change.

Finnair has signed a letter of interest with Heart Aerospace, a Swedish sustainable aviation company, which could lead to the acquisition of up to 20 of its 19-seater electric aircraft for use on the airline’s shortest haul routes.

Horizon Organic has published its carbon footprint and steps it will take to reduce emissions as it works toward the company's stated goal to be carbon positive by 2025.

A new executive compensation program is in place at Callon Petroleum with updated environmental, social, and governance ESG) initiatives. These changes were made to align with investor priorities and new commitments to quantitative GHG emissions reduction targets.