Corporate energy management news - Smart Energy Decisions

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GHG Emissions  -  January 19, 2022

Meijer Commits to Carbon Emission Reduction Goal By 2025

Midwestern grocery retailer Meijer announced a goal to reduce absolute carbon emissions by 50% by 2025.
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GHG Emissions  -  January 19, 2022

Maybelline New York Sets Carbon Neutral Goal By 2025

Maybelline New York aims to achieve carbon neutrality in all of its sites by improving energy efficiency and using 100% renewable energy by 2025. By 2030, the company aims to reduce carbon emissions from its full product lifecycle by 50%.
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GHG Emissions  -  January 19, 2022

Eastman Invests in French Recycling Facility to Lower Carbon Footprint

Eastman announced the company’s plan to invest up to $1 billion in a material-to-material molecular recycling facility in France.
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Distributed Energy Resources  -  January 19, 2022

IKEA Canada Launches Zero Emission Vehicle Fleets

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.
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GHG Emissions  -  January 19, 2022

Baltimore City to Go Carbon Neutral by 2045

Baltimore City set a series of targets to achieve 100% carbon neutrality by 2045, including a 30% reduction in carbon emissions by 2025, a 60% reduction in emissions by 2030, and full carbon neutrality.
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GHG Emissions  -  January 18, 2022

ExxonMobil Sets Net Zero Goal of 2050

ExxonMobil announced its goal to achieve net zero GHG emissions for operated assets by 2050 and its initial steps include investing more than $15 billion by 2027 on lower emission initiatives.
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GHG Emissions  -  January 18, 2022

Banks Form RMA Climate Risk Consortium

The Risk Management Association (RMA), a member-driven professional association, announced that 19 major banks formed the RMA Climate Risk Consortium, which will develop standards for banks to integrate climate risk management.
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Sourcing Renewables  -  January 18, 2022

Oman to Transition Away from Oil to RE Production With bp Partnership

Oman plans to add multiple gigawatts of renewable energy and green hydrogen generation capacity within its borders and has recruited bp to take the project on.
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Distributed Energy Resources  -  January 18, 2022

Nuro to Produce Third Gen Delivery EV

Nuro, an autonomous vehicle company, announced its partnership with BYD Co., Ltd. to begin producing the company’s third-generation electric autonomous delivery vehicle. The partnership is expected to scale Nuro’s more affordable, friendly, and convenient services. 
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January 18, 2022

IEA Predicts Rapid Renewables Growth Alongside Global Electricity Demand

New renewables demand is expected to grow rapidly between 2022 and 2024, but further policy action will be crucial in getting power sector emissions to a level in line with a 2050 net-zero scenario, the International Energy Agency found in a new report.
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