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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. The plan includes a $2 billion investment across electric vehicles, clean energy for operations and a new academic center with Yale focused on capturing carbon.

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Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive

Business Green

Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals. FedEx also announced it is investing $100m to set up a new centre for national carbon capture at Yale University where researchers will look into ways to scale up carbon sequestration technologies.

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Signify hails 'carbon neutrality' milestone as it switches on new green targets

Business Green

Lighting giant Signify has today announced a series of sustainability milestones, claiming it has achieved 'carbon neutral' status for its global operations, which it said are now also powered by 100 per cent renewable electricity.

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EU Digital Product Passports aim to track items through the product life-cycle

Envirotec Magazine

All these proposals fall under the purview of the European Green Deal, first approved in 2020, whose goal is to achieve incremental sustainable growth so that Europe becomes the first climate-neutral continent by 2050. Green Deal legislation has proven most adaptable to the times.

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5 Companies Committed to Hitting Net Zero in 2022

The Environmental Blog

To be classed as net zero, a company must achieve a balance between the carbon it emits into the atmosphere and the carbon it removes. To be a completely carbon free company by 2022 , Crystal Doors will look at indirect emissions not related to the manufacturing or logistics processes, including how their employees travel to work.

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Energy saving innovations dominate Scottish Environment Business Awards

Envirotec Magazine

It has increased carbon capture and storage, biodiversity, and green jobs through work at its two estates – Bunloit and Beldorney. It is also now targeting becoming a net carbon neutral business. improvement on energy storage, leading to significant carbon savings. Its primary project, PRISMA, provides a 20.5%

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The top 25 most sustainable fleets

GreenBiz

Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. The definition of fleet is evolving. Media Source.