Energy Management Articles | Page 241

GHG Emissions - March 3, 2022

AIG Commits to Net Zero GHG Emissions by 2050

American International Group, Inc. announced a commitment to achieve net zero GHG emissions across its global underwriting and investment portfolios by 2050.

GHG Emissions - March 2, 2022

Phillips 66 Sets 2050 GHG Reduction Target

Phillips 66 announced it intends to reduce the GHG intensity from its operations companywide 50% by 2050. The new target builds upon the company’s previously announced Scope 1 and 2 GHG emissions reduction targets.

GHG Emissions - March 2, 2022

Exxon Invests in Energy Transition, Adds Hydrogen Production Plant

ExxonMobil announced plans to spend more than $15 billion over the next six years to reduce GHG in company operations and for investments in lower emission business opportunities.

March 2, 2022

Microsoft Launches Sustainability Team

Microsoft is launching a sustainability team that will be led by a new Corporate Vice President Elisabeth Brinton, who previously served as the executive vice president of global renewables & energy solutions at Shell.

GHG Emissions - March 1, 2022

DOE Announces 90 Pledges to Cut Emissions By 50%

The U.S. Department of Energy (DOE) announced a commitment from over 90 companies and organizations to reduce their carbon emissions by 50% by 2030 through DOE’s Better Climate Challenge.

Distributed Energy Resources - March 1, 2022

Toyota, Isuzu and Hino Motors to Electrify Buses

Isuzu Motors Limited (Isuzu), Hino Motors, Ltd. (Hino), and Toyota Motor Corporation (Toyota) announced that they plan to strengthen their efforts to electrify buses to reach carbon neutrality by 2050.

Distributed Energy Resources - March 1, 2022

Stellantis Sets 2030 Net Zero Goals, First EV SUV

Stellantis unveiled Dare Forward 2030, its strategic plan to become carbon net zero by 2038, with a 50% reduction by 2030.

Sourcing Renewables - March 1, 2022

Chevron Reaffirms Carbon Intensity Targets

Chevron Corporation reaffirmed its goals to lower the carbon intensity of its operations and grow new energy business lines in renewable fuels, hydrogen, carbon capture and offsets at its annual investor meeting.

February 28, 2022

U.S. Army Climate Strategy

The U.S. Army's first Climate Strategy presents a framework for a long-term endeavor to operationalize climate adaptation and mitigation across the Army, including goals to achieve a 50% reduction in net GHG pollution by 2030, attain net zero emissions by 2050, and produce a fleet of field purpose-built, hybrid-drive tactical vehicles by 2035.

GHG Emissions - February 28, 2022

Teck Expands Net Zero Goals

Teck Resources Limited announced an expansion to its climate action strategy, including a new short-term goal to achieve net zero Scope 2 (purchased electricity) GHG emissions by 2025.

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