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FedEx pledges to be carbon neutral by 2040

GreenBiz

FedEx pledges to be carbon neutral by 2040. Global logistics giant FedEx on Wednesday announced a goal to be carbon neutral by 2040. But FedEx has a goal to move its entire package pickup and delivery fleet to zero emission by 2040. Katie Fehrenbacher. Wed, 03/03/2021 - 07:26.

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UK aviation sets sights on net zero by 2040

Envirotec Magazine

A new “Jet Zero Strategy” seemingly commits UK domestic aviation to achieving net zero emissions by 2040, and for all airports in England to be zero-emission by the same year. Image credit: Tea N Bickie Photography / Shutterstock.com.

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California to ban the sale of diesel-powered trucks by 2040

Inhabitat - Innovation

The California Air Resources Board (CARB) proposed banning the sale of diesel commercial trucks by 2040. The proposal comes just weeks after the state had to battle with high temperatures that threatened to cause blackouts throughout the state. During the extreme heat, officials called on residents to ration their power usage, including a call for electric vehicle users to avoid charging their cars

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World needs ambitious target of 0% new plastic waste by 2040

Envirotec Magazine

The United Nations is being urged to make a bold pledge and set a target of zero for new plastic pollution by 2040 in its upcoming Global Treaty to End Plastic Pollution. We are calling for the UN to aim for a minimum goal of 0% new plastic pollution by 2040.

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The circular city in 2040 cuts today’s energy needs by 75 percent, says consultancy

Envirotec Magazine

According to these calculations, the circular city’s total energy needs per square metre in 2040 will be only a quarter of what they are with today’s design and planning processes.

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Walmart drives toward zero-emission goal for its entire fleet by 2040

GreenBiz

Walmart drives toward zero-emission goal for its entire fleet by 2040. Katie Fehrenbacher. Wed, 09/23/2020 - 01:50.

Retail 466
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GM pledges carbon neutrality by 2040, expands electric fleet

Inhabitat - Innovation

General Motors has announced an ambitious plan to be carbon-neutral by 2040. The largest U.S. auto maker also aims to eliminate tailpipe emissions from light-duty vehicles by 2035

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FedEx to electrify its delivery fleet by 2040

Charged

FedEx has announced a goal to achieve carbon-neutral operations by 2040. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles. FedEx’s timid 2040 objective seems likely to be overtaken by technological change.

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FedEx says it will be carbon-neutral by 2040

Renewable Energy World

announced this week that it wants to achieve carbon-neutral operations globally by 2040. By 2040, the entire FedEx parcel pickup and delivery (PUD) fleet will be zero-emission electric vehicles.

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Flow of plastic waste in the ocean could triple by 2040

Inhabitat - Innovation

Accumulated plastic waste in the ocean could reach the weight of 2 million blue whales

Plastics 259
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European truck-makers pledge to phase out internal combustion vehicles by 2040

Charged

Several of Europe’s largest truck manufacturers have promised to stop selling ICE vehicles by 2040. The chief executives of Daimler, Scania, MAN, Volvo, DAF, IVECO and Ford have signed a pledge to phase out combustion engines and focus on hydrogen, battery technology and “clean fuels.”.

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Moody's announces revised 2040 net zero target

Business Green

The credit ratings agency and risk management group said it will work to reduce emissions across its operations and value chain to net zero by 2040, aligning its commitment with its published Decarbonisation Plan.

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Carlsberg sets sights on net zero supply chain by 2040

Business Green

Carlsberg Group has set it sights on achieving net zero emissions across its global supply chain by 2040, as part of a raft of fresh sustainability targets unveiled by the global brewing giant yesterday.

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A.P. Moller - Maersk ships forward net zero target to 2040

Business Green

Global logistics giant becomes latest major firm to pull forward its net zero emission target to 2040. Moller - Maersk has today announced it is to pull forward its net zero emissions target by 10 years, making it the latest global company to commit to delivering net zero emissions by 2040.

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NYC aims to electrify its entire vehicle fleet by 2040

Charged

New York City Mayor Bill de Blasio has signed an executive order that sets the city on a path to electrifying its entire municipal vehicle fleet by 2040. In 2018, the city announced plans to electrify its public bus system by 2040, and in 2019, it bought 15 New Flyer Xcelsior CHARGE electric transit buses. That’s why we’re making our entire fleet electric by 2040 – the equivalent of taking 750,000 cars off the street.”.

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'Going further': Burberry vows to be 'climate positive' by 2040

Business Green

Burberry has beefed up its sustainability agenda, pledging late last week that it would become a 'climate positive' company by 2040 by investing in climate adaptation and mitigation initiatives outside of its value chain.

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Malaysia's CIMB bank unveils 2040 coal exit plan

Eco-Business

The world's largest Islamic bank says it will reduce its coal exposure to zero by 2040, in line with the Paris Agreement. The policy is believed to be the Southeast Asian finance sector's strongest climate action plan yet

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Swiss Re plots global exit from coal by 2040

Business Green

Swiss Re has announced it is to phase out thermal coal from its treaty reinsurance by 2040, in a move that has been billed by campaigners as a breakthrough for the global reinsurance industry.

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Italian gas giant Snam targets carbon neutrality by 2040

Business Green

Italian gas and energy infrastructure giant Snam has set its sights on becoming a carbon neutral company by 2040, pledging to invest €7.5bn over the next four years in hydrogen, biomethane, energy efficiency, and digitisation to help drive its transition away from fossil fuels.

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PepsiCo serves up net zero by 2040 goal

Business Green

Global drinks giant doubles interim emissions goal and pledges to become net zero emission business by 2040.

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Plastic litter could triple and outweigh fish in the world's oceans by 2040: report

Eco-Business

Oceans pollution could balloon to 700 million tonnes by 2040, warns the Environmental Investigations Agency, as it pushes for a global treaty to curb plastic waste.

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North West politicians and businesses plot 2040 net zero vision

Business Green

Political leaders and businesses from across North West England have unveiled their vision for the region to transition to net zero by 2040 bolstered by a "green recovery" from the coronavirus crisis, as they yesterday announced plans to launch a decarbonisation roadmap later this year.

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Honda hopes to go electric in North America by 2040, will develop solid-state batteries

Charged

Following Toyota’s announcement of a new line of battery-electric vehicles , Honda now says it plans to make battery-electric and fuel cell vehicles 100% of its North American sales by 2040.

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Vodafone dials up net zero vision with new 2040 target

Business Green

Telecoms group brings forward its net zero deadline to 2040 as it touts new 2030 carbon reduction targets validated by the Science-Based Targets initiative.

Carbon 82
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GM To Make Only Electric Vehicles By 2035, Be Carbon Neutral By 2040

Forbes Green Tech

GM joins Volkswagen, Ford and others in pledging a move to carbon neutrality although the other automakers have announced a 2050 timeline while GM plans to achieve this goal by 2040.

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Portland General Electric Turns to Data to Achieve “Net Zero by 2040” Goal

Bidgely

It won’t surprise you that as part of its “Net Zero by 2040” goal, Portland General Electric (PGE) is investing in clean and renewable energy generation, including wind, solar and hydro power.

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Sainsbury's promises to go net zero by 2040

Business Green

Sainsbury's has today become the latest corporate giant to adopt a net zero target, pledging to turn the UK's second largest supermarket chain into a net zero emissions operation by 2040, a full decade ahead of the UK government's national target and the goal set by arch rival Tesco.

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Carbon Dioxide Emissions To Rise Through 2040

R-Squared Energy

The WEO projects global energy supply and demand through 2040, under three different scenario assumptions: The Current Policies Scenario (CPS) shows what happens if the world continues along its present path, without any additional changes in policy. each year to 2040. The rise in carbon dioxide emissions slows, but still climbs by 6% through 2040. Energy demand would have to fall from current levels through 2040. Oil demand reaches 106 million BPD by 2040.

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EVs to increase Britain’s electricity demand by 31 times by 2040

Renewable Energy World

As a result of an increase in electric vehicle use across Britain, electricity demand from the transport sector will increase by 31 times by 2040 from the current levels, according to a new report released by research firm Cornwall Insights.

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'Environment is the next battleground': Royal Mail pledges to deliver net zero by 2040

Business Green

Royal Mail has today become the latest major company to pull forward its net zero emissions target date, pledging to reach the goal by 2040, a full 10 years earlier than its previous target. All this means we can pull forward our net zero target by 10 years to 2040.".

Carbon 76
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Report proposes global treaty to end production of virgin plastic production by 2040

Business Green

Scientists are calling for a binding treaty to phase out global production of virgin plastic by 2040. International group of scientists call for new plastics non-proliferation treaty that binds governments to ambitious target to phase out virgin plastic.

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Pioneer communities: Six Scottish Islands announce net zero by 2040 goal

Business Green

The Scottish government this week announced that the islands of Hoy, Islay, Great Cumbrae, Raasay, Barra, and Yell are to become trailblazers for the zero transition, after signing up to an initiative to become carbon neutral by 2040, a full decade ahead of the UK's 2050 target date.

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Jet Zero: Government preps green fuels mandate on path to net zero flight by 2040

Business Green

Long-awaited Jet Zero Strategy unveiled by government setting out ambition for 2019 to be peak year for domestic aviation emissions in the UK.

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AB InBev brews up new net zero value chain goal for 2040

Business Green

AB InBev has become the latest multinational to announce plans to achieve net zero emissions across its entire value chain, pledging to deliver net zero for its supply chain and product use and disposal by 2040.

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Crypto Climate Accord: UN-backed plan targets net zero digital currencies by 2040

Business Green

A major UN-backed initiative aimed at tackling the growing climate impact of the burgeoning crypto currency industry has been launched today, in bid to encourage all of the world's energy-intensive fintech blockchains to run on 100 per cent renewable power by 2025 and achieve net zero by 2040.

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HSBC pledges to cut off coal financing by 2040 following investor pressure

Business Green

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders.

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Walmart commits to 100% zero-emission trucks by 2040, signaling electric is the future

EDF + Business

As part of its ambitious goal announced today to achieve zero-carbon operations by 2040, Walmart outlined a notable timeframe for transforming its truck fleet. in adopting a 2040 timeframe for transitioning its long-haul freight trucks to zero-emission.

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Analysts predict $183bn increase in property insurance costs by 2040 due to climate change

Business Green

Overall, the firm expects property insurance premiums will triple to be worth $1.3tr in 2040, up from $450bn in 2020, driven largely by economic development and climate change, with the former expected to make up three quarters of the rise.

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BNP Paribas to end all coal investments worldwide by 2040

Business Green

French banking giant to end coal financing in Europe by 2030 and sets new renewable energy investment target of €18bn by 2021

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City of London eyes 800 green jobs as it maps path to net zero by 2040

Business Green

London's financial district placed itself at the epicentre of efforts to combat global heating yesterday as the City of London Corporation unveiled a radical new Climate Action Strategy designed to reach net zero carbon emissions by 2040, a decade ahead of the UK government goal.

Carbon 98
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Study: Amount of plastic spewed into ocean on track to triple by 2040

Business Green

The amount of plastic which ends up in the ocean each year is set to almost triple by 2040 unless governments and industry dramatically ramp up their anti-plastic efforts, scientists have warned.

Waste 94
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Walmart pledges to achieve net zero emissions by 2040 without offsets

Business Green

The world's largest retailer has today committed to reaching net zero carbon emissions across its operations by 2040, without relying on carbon offsets. Retail giant touts plan to become 'regenerative company' as it unveils carbon and nature commitments on the opening day of NYC Climate Week.

Retail 101
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Net zero for New Look: Retailer announces plan to become 'climate positive' by 2040

Business Green

New Look has today published an update to its Sustainability Strategy , including a new commitment to become a 'climate positive' business by 2040 and halve the greenhouse gas emissions from its products by 2030.

Retail 67