|
|
December 7 · Issue #68 · View online
The insider memo for sustainability leaders in the commodities sector.
If you would like help measuring your carbon emissions please visit https://carbonchain.com/contact
|
|
The hydrogen revolution in the skies; carbon brakes aluminium supply response to booming prices; Exxon pledges $15bn to meet updated decarbonisation targets, and much more… Welcome to the 68th Edition of the Climate Memo by CarbonChain!
|
|
The hydrogen revolution in the skies
A record-breaking commercial-scale hydrogen plane has taken off in the UK, with more set to join it soon. How far can such planes go in cutting the aviation industry’s emissions?
|
Column: Carbon brakes aluminium supply response to booming prices
China, the world’s largest aluminium producer, is still running short of primary metal. Multiple Chinese smelters have been ordered to reduce or curtail production as provincial governments try to meet quarterly energy usage and efficiency targets.
|
Exxon pledges $15bn to meet updated decarbonisation targets, but fails to align with climate science
ExxonMobil has announced a new plan to reduce absolute emissions by 20% by 2030 and kick-started a $15bn investment plan through to 2027. But the firm will likely continue to face intense scrutiny from the green economy.
|
Enel takes on Shell in bid to sell Australia green electricity
Enel SpA became the latest European energy giant to announce plans to expand its renewable electricity sales in Australia. Enel may face a better reception than Shell as it is one of Europe’s top renewables producers. The company plans to exit coal by 2027 and gas by 2040.
|
Tata Steel deploys its first bio-fuel powered ship for imported raw material transportation
In line with its sustainability objectives and initiatives on reduction of scope 3 Greenhouse Gas (GHG) emission in ocean trade, Tata Steel has deployed a ship powered by biofuel.
|
TransUnion pledges to reach net-zero scope 1 and 2 greenhouse gas emissions by 2025
TransUnion (NYSE: TRU) announced its new climate pledge to reach net-zero on Scope 1 and Scope 2 greenhouse gas emissions by 2025, and 30% reductions on leased real estate Scope 3 emissions by 2030.
|
International Paper receives SBTi approval for its science-based carbon reduction target
International Paper (NYSE: IP) announced 35% Greenhouse Gas reduction target has been approved by Science Based Targets initiative. The approval formally recognizes International Paper as a leader in the low-carbon transition, and makes the company one of the first North American organizations in the paper and packaging industry with approved targets, joining over 1,000 others across industries and around the world.
|
Did you enjoy this issue?
|
|
|
|
In order to unsubscribe, click here.
If you were forwarded this newsletter and you like it, you can subscribe here.
|
|
|
|