Energy Management Articles | Page 3

Luxury retailer Burberry announced that it refinanced its revolving credit facility to a £300 million sustainability linked loan and the terms are linked to its 2040 net zero goal.

Citi announced its goals to achieve net zero by 2050, including its 2030 emissions targets.

Verizon Communications announced that it has entered into 15-year Renewable Energy Purchase Agreements (REPAs) for wind and solar to help the company achieve its goal to be net zero in its operational emissions (Scope 1 and 2) by 2035.

SAP has committed to achieving net zero emissions across its value chain by 2030 — 20 years earlier than originally targeted.

MidAmerican Energy announced plans for a $3.9 billion renewable energy project in Iowa, including wind and solar generation and the exploration of new technologies to advance the company’s transition to net zero GHG emissions.

Imperial Oil Limited announced plans to further reduce its GHG emissions intensity.

Midwestern grocery retailer Meijer announced a goal to reduce absolute carbon emissions by 50% by 2025.

The need to decarbonize has become a priority for organizations around the world. While some businesses have already set targets to lower their carbon footprint and become more sustainable, others have yet to begin this journey. In this white paper, Shell Energy charts the path to decarbonization solutions.

Eastman announced the company’s plan to invest up to $1 billion in a material-to-material molecular recycling facility in France.

Home furnishing retailer IKEA Canada in partnership with Bolt Logistics, a Canadian technology-enabled ecommerce fulfillment, and last-mile delivery provider, will deploy 30 electric vehicles across the country in 2022.