Sixty percent of Fortune 500 companies have set a climate or energy-related goal, yet they vary dramatically in terms of ambition and are not happening at the speed or scale needed to align with what the science requires, according to a new World Wildlife Fund (WWF) report.
As rebates and incentive programs continue to grow, we are seeing new developments in companies’ energy efficiency efforts. Some organizations are adding resources to manage and further develop their programs.
Investors from around the globe are urging world government leaders to step up ambition on climate change and enact strong policies by 2020 to achieve the goals of the Paris Agreement, including phasing out thermal coal power and pricing carbon. 477 investors with $34 trillion (USD) in assets, a record number of signatories, are behind the urgent call-to-action to limit average global temperature rise to no more than 1.5-degrees Celsius.
The Environmental Protection Agency repeal and replacement of the Clean Power Plan (CPP) is a “step backwards for U.S. climate action and global efforts to reduce greenhouse gas emissions,” said Anne Kelly, vice president of government relations at the sustainability nonprofit organization Ceres.
Schneider Electric’s Energy & Sustainability Services (ESS) has received a double honor from Business Sector Media, publisher of Environmental Leader and Energy Manager under the company’s 2019 awards program. The company announced this week that ESS has received both the Top Product of 2019 award for its renewable energy-focused NEO Network™ and Top Project of 2019 award for its Advanced Visualization Hack Challenge done in collaboration with client, Procter & Gamble.
Permanent magnets are vital components in an enormous number of domestic and industrial devices. They are particularly crucial within the renewable energy sector, including the motors for electric vehicles.
Today, more than 75 businesses including eBay, Exelon, Gap, Levi's, Nike, Mars Incorporated, Microsoft, PepsiCo, Tesla and others will meet with a bipartisan group of federal lawmakers to call on Congress to pass meaningful climate legislation, including a price on carbon. Collectively, today’s Lawmaker Education & Advocacy Day (LEAD) on Carbon Pricing is the largest business gathering on the Hill to advocate for climate legislation in over a decade.
We at Timberland think it’s time for a more progressive look at clean energy policy in our state. That is why Timberland is one of many companies, including Dartmouth-Hitchcock Health, MegaFood, Stonyfield Farm, Worthen Industries and more supporting the House and Senate bills (House Bill 365 and Senate Bill 159), which would raise the project cap on net metering.
Last year, the world’s leading climate scientists sent a clear message: we must cut greenhouse gas emissions by 50 percent in 10 years and transition to a carbon free economy by 2050 in order to avoid the most catastrophic impacts of climate change. Despite the urgent need for action, the current U.S. federal administration is committed to pulling us in the wrong direction. How can we remake the energy landscape in the United States to embrace a robust clean energy and decarbonization trajectory within a decade, and do so in the face of significant political headwinds at the federal level?
Already, 93 percent of global commercial and industrial companies have energy efficiency technologies in place. Meanwhile, adoption of combined heat and power (CHP) systems and battery storage increased at a similar rate to renewables: up 11 percent in 2019 from the previous year. These companies realize emissions are inextricably linked to energy consumption, which can be a major contributor to net corporate expenditure and a hurdle for low-carbon growth. In fact, a recent International Energy Agency study shows that efficiency improvements can yield up to 13.8 percent growth in annual profits.
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