Charged

MARCH 4, 2021

FedEx has announced a goal to achieve carbon-neutral operations by 2040. The delivery giant will invest $2 billion in vehicle electrification, sustainable energy and carbon sequestration. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles.

Carbon-neutral 137

Carbon-neutral Transportation Electric vehicle Government 137

Renewable Energy World

MARCH 5, 2021

announced this week that it wants to achieve carbon-neutral operations globally by 2040. The company laid out three key areas it will focus on via a $2B investment: vehicle electrification, sustainable energy, and carbon sequestration. The post FedEx says it will be carbon-neutral by 2040 appeared first on Renewable Energy World.

Carbon-neutral 120

Carbon-neutral Carbon Carbon-negative Electric vehicle 120

Charged

MARCH 1, 2023

Volvo Construction Equipment (Volvo CE) reports that, as part of its efforts to become fossil-free by 2040, it is investing SEK65 million, or about $6.3 million, in the production of electric wheel loaders at its plant in Arvika, Sweden.

Energy Monitor 135

Energy Monitor Building Energy Monitoring Investment Electricity 135

Smart Energy International

NOVEMBER 23, 2023

trillion could deliver savings of $3 trillion in the net zero transition by 2040, new analysis based on the Future Energy Outlook shows. With Europe’s power network already highly connected, only modest expansions are foreseen by 2040 but strengthened Euro-African links would help to decouple Europe from Russia.

Africa 59

Africa Asia North America Europe 59

Envirotec Magazine

SEPTEMBER 15, 2023

A £3 million investment underpins the project, which employs siphon technology to draw water up though the intake and over the top of the dam which then runs down through the siphon, through the hydro turbine, and back to the natural environment. The hydro scheme is being delivered by renewable energy specialist Emtec Energy.

Investment 162

Investment Energy Energy Carbon 162

Charged

JANUARY 5, 2021

Several of Europe’s largest truck manufacturers have promised to stop selling ICE vehicles by 2040. The industry will invest some 50 to 100 billion euros in new technologies, Scania Chief Executive Henrik Henriksson told the Financial Times. The pledge calls for major investment in energy grids and a higher tax on carbon across Europe.

Fossil fuels 140

Fossil fuels Hydrogen Technology Batteries 140

Business Green

JUNE 14, 2021

British fashion brand accelerates its supply chain emissions reduction targets as it pledges to invest in climate solutions outside of its value chain. The British firm claimed its 'climate positive' goal, which comes on top of a previous pledge to become a net zero emission company by 2040, is a first for the luxury fashion industry.

Fashion 86

Fashion Carbon-neutral Carbon Sustainability 86

Renewable Energy World

SEPTEMBER 20, 2021

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. This is a 25% increase of current annual demand which stands at 299TWh (excluding losses).

Demand 86

Demand Electricity Electric vehicle Transportation 86

Business Green

NOVEMBER 26, 2020

Europe's biggest gas pipeline company unveils multi-billion Euro investment plan to transition to hydrogen and biomethane. The plan designates €6.7bn of investment towards regulated energy infrastructure, focused on hydrogen-ready replacements for gas, as well as digitisation and decarbonisation programmes.

Carbon-neutral 101

Carbon-neutral Carbon Hydrogen Fossil fuels 101

GreenBiz

MAY 5, 2020

Sustainable infrastructure investments can aid the post-COVID recovery. Many are considering a tried-and-true method to boost economies in the short term and provide wide societal benefits in the long term: infrastructure investment. trillion from investing in infrastructure that prioritizes future-focused resiliency.

Investment 353

Investment Sustainability Resilience Innovation 353

Business Green

SEPTEMBER 22, 2022

Asset manager to end coal investments across the EU and OECD by 2030, before doing the same worldwide 10 years later. HSBC's asset management arm has announced plans to phase-out investments in thermal coal companies from its active fund range within 20 years, the financial giant announced today.

Investment 44

Investment Sustainability Technology 44

The Verge: Energy

OCTOBER 18, 2023

billion in funding today to upgrade the US’s aging electric grid, the largest investment to date in the grid. Altogether, the projects selected are expected to leverage $8 billion in both federal and private investments. . | Photo by Eva Marie Uzcategui / Bloomberg via Getty Images The Biden administration announced $3.46

Investment 130

Investment Power grid Electricity Pollution 130

Business Green

JANUARY 12, 2022

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.

Logistics 82

Logistics Aviation Global warming Transportation 82

Energy Storage News

MARCH 21, 2024

There is a four-fold difference between how much energy storage the US Department of Energy (DOE) forecasted would be deployed by 2040 before the Inflation Reduction Act (IRA), and how much it now forecasts.

Energy 125

Energy Energy Investment 125

Envirotec Magazine

AUGUST 1, 2022

Multi-million-pound investment is urgently needed in technologies including direct air capture (DAC) if the UK is to make ‘green’ airports a reality in the future, research by Cranfield University seems to reveal. Although the land required for DAC is relatively small” said Dr Miyoshi, “the initial investment is large.

Technology 233

Technology Carbon Investment Carbon-neutral 233

Forbes Green Tech

FEBRUARY 18, 2021

Amazon is investing in companies that produce low-carbon products and becoming their biggest customers. It's goal: net-zero by 2040 -- and to bring others along with it.

Investment 55

Investment Carbon Innovation Energy 55

Business Green

MARCH 4, 2021

Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals. The company said it was targeting a fully zero emission parcel pickup and delivery (PUD) fleet by 2040, a push that will be accomplished by gradually phasing out its existing fossil fuel fleet.

Carbon-neutral 73

Carbon-neutral Energy Monitor Carbon Packaging 73

Business Green

JANUARY 27, 2020

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.

Carbon-neutral 96

Carbon-neutral Logistics Carbon Retail 96

Business Green

NOVEMBER 23, 2020

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. warming scenario by the Science-Based Targets initiative (SBTi).

Carbon 81

Carbon Waste Waste Technology 81

Business Green

OCTOBER 8, 2020

Governing body of UK capital's financial district lays out detailed decarbonisation and green investment roadmap. The plan commits the City Corporation, which is a major public services provider across the capital, to achieving net zero carbon emissions in its own operations by 2027 and by 2040 across its investments and supply chain.

Climate change 98

Climate change Investment Carbon Government 98

Business Green

NOVEMBER 25, 2019

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

Investment 92

Investment Europe Energy Energy 92

Business Green

MARCH 16, 2021

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. Reinsurance giants revs up coal phase-out as it pledges to reduce carbon intensity of equity and corporate bond portfolios by 35 per cent by 2025.

Fossil fuels 101

Fossil fuels Real Estate Carbon Policy 101

Energy Storage News

MARCH 7, 2024

Developer NatPower has claimed it will invest £10 billion (US$12.8 billion) in the UK's battery energy storage system (BESS) market, targeting 60GWh of deployments by 2040.

Batteries 67

Batteries Investment Energy Energy 67

Business Green

MARCH 11, 2021

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally.

Fossil fuels 101

Fossil fuels Energy Monitor Business Energy Monitoring Building Energy Monitoring 101

Business Green

DECEMBER 13, 2021

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. We have always relied on natural resources to brew our beer," said Bart Grieten, VP Supply at AB InBev Europe.

Carbon-neutral 91

Carbon-neutral Europe Hydrogen Patents 91

Charged

APRIL 18, 2022

Honda has finally announced plans to get serious about EVs, with an investment of 5 trillion yen ($40 billion) in electrification over the next decade. Last June, Honda announced plans to phase out sales of gas-powered cars by 2040—a timid goal, but the first announced by a Japanese automaker.

Investment 137

Investment North America Batteries 137

Business Green

NOVEMBER 9, 2021

The government has today confirmed all new heavy goods vehicles (HGVs) in the UK will have be zero-emission by 2040, as Ministers prepared to host Transport Day at the COP26 Climate Summit in Glasgow. The report also details how global sales of zero emission vehicles (ZEVs) have more than doubled since 2019 from 2.1 million to 5.3

Government 69

Government Aviation Transportation COP 69

Business Green

APRIL 14, 2022

Semiconductor giant sets out plans to invest slashing core and value chain emissions through greener product design, energy conservation and new renewables-powered facilities. We're now raising the bar and entering an exciting era to achieve net zero greenhouse gas emissions across our operations by 2040.".

Global warming 51

Global warming Asia Investment Climate change 51

Business Green

DECEMBER 10, 2020

Australian banking giant Macquarie Group this week moved to mark the fifth anniversary of the Paris Agreement by announcing its asset management arm will work to deliver a net zero emission portfolio by 2040. It added that it would report on progress against the new goals annually.

Real Estate 62

Real Estate Investment Sustainability Transportation 62

DeSmogBlog

OCTOBER 12, 2023

billion invested in Chevron, BP, ExxonMobil, ConocoPhillips, and Shell, a new analysis from Stand.earth and Climate Safe Pensions Network has found. CalPERS and CalSTRS defend their fossil fuel investments. billion over the past decade on their fossil fuel investments. CalSTRS and CalPERS collectively have over $4.3

Fossil fuels 103

Fossil fuels Investment Global warming Climate change 103

Business Green

JULY 6, 2022

Online pension provider Smart Pension has announced its plan to transition its default fund to a 'net zero' position by 2040, by ramping up its investments in firms working to boost energy efficiency, accelerate the transition away from fossil fuels, and deliver a more circular economy.

Fossil fuels 36

Fossil fuels Energy Monitor Investment Agriculture 36

Bidgely

JUNE 22, 2021

Hear Portland General Electric’s Larry Bekkedahl in a fireside chat, as we discuss the role that data is playing in helping the utility achieve “Net Zero by 2040” in the on-demand session from UA Summit 2021 called “ Unlocking Operational Outcomes: Digital Transformation and Clean Energy Initiatives with AMI Data.”.

Energy Monitor 78

Energy Monitor Home Energy Monitoring Solar Energy Monitor Building Energy Monitoring 78

Business Green

SEPTEMBER 24, 2021

The green finance drive is designed to support Walmart's wider climate commitments, which in addition to reaching net zero by 2040, also include interim targets to reduce direct scope 1 and 2 emissions by 35 per cent in the next four years from a 2015 baseline, and by 65 per cent by 2030, all without relying on carbon offsets.

Retail 68

Retail Waste Waste Climate change 68

GreenBiz

JANUARY 27, 2021

Amazon Vice President of Worldwide Sustainability Kara Hurst released a statement about the investment: Amazon created The Climate Pledge Fund to support the development of technologies and services that will enable Amazon and other companies to reach the goals of the Paris Agreement 10 years early — achieving net-zero carbon by 2040.

Aviation 451

Aviation Logistics Fossil fuels Transportation 451

GreenTechMedia

MARCH 12, 2020

However, while investments in energy access have rapidly accelerated since 2016, total volumes still fall short of the estimated financing needed to reach universal electricity access around the world by 2030.

Investment 227

Investment Energy Energy Africa 227

Business Green

NOVEMBER 21, 2023

Research estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failing to take action at all

Energy 56

Energy Energy Investment 56

Business Green

OCTOBER 18, 2021

Investment firm sets target to slash carbon intensity of its portfolio by 60 per cent by 2030. Rathbone Greenbank Investments has detailed its plan to become a net zero emissions business by 2040, with the wider business aiming for 2050. This article first appeared at Investment Week.

Climate change 36

Climate change Investment Carbon Sustainability 36