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California Releases List of More than 4,000 Companies Required to Begin Reporting Under New Climate Disclosure Laws

California Releases List of More than 4,000 Companies Required to Begin Reporting Under New Climate Disclosure Laws

The California Air Resources Board (CARB) released a list of more than 4,000 companies that will be required to comply with the state’s new climate reporting laws, mandating disclosures on climate-related risks and opportunities, and for some companies on value chain greenhouse gas emissions as well. The new laws will introduce climate-related reporting requirements for most large companies in the…

Watershed Launches AI-Powered Product Carbon Footprint Solution

Watershed Launches AI-Powered Product Carbon Footprint Solution

Climate solutions provider Watershed announced the launch of Watershed Product Footprints, a new AI-powered solution aimed at enabling companies to measure and address the carbon footprint of products, materials and processes. According to Watershed, the new solution comes as companies continue to face challenges in assessing and understanding their upstream purchasing emissions, which can account for 70% or more of…

TotalEnergies Wins Bid to Build France’s Largest-Ever Renewable Energy Project

TotalEnergies Wins Bid to Build France’s Largest-Ever Renewable Energy Project

French energy giant TotalEnergies announced that its consortium with German power producer RWE has been awarded the Centre Manche 2 (AO8) offshore wind tender by the government of France, winning a bid to design, develop, build and operate the largest-ever renewable energy project in France. Alongside the announcement, the company said that RWE has decided to exit the consortium, with TotalEnergies stating…

Mars Achieves 100% Renewable Energy in its European Snacking Factories

Mars Achieves 100% Renewable Energy in its European Snacking Factories

Snacking, food, and pet care products provider Mars announced a key sustainability milestone, reaching 100% renewable energy in its Snacking factories in Europe. According to the company, the achievement was made following Mars’ first investment in a European windfarm in 2016, and the transitioning of all of its confectionary manufacturing sites across Europe to renewable electricity over the past decade….

China Sets its First-Ever Absolute Emissions Reduction Goal

China Sets its First-Ever Absolute Emissions Reduction Goal

China’s President Xi Jinping announced a series of new interim climate goals, including a target to reduce economy-wide net greenhouse gas (GHG) emissions by 7%-10% from peak levels by 2035, marking the country’s first-ever absolute emissions reduction target. Speaking by video in a speech to a UN Climate Summit, President Xi also announced 2035 targets to expand China’s installed capacity…

China Sets its First-Ever Absolute Emissions Reduction Goal

China’s President Xi Jinping announced a series of new interim climate goals, including a target to reduce economy-wide net greenhouse gas (GHG) emissions by 7%-10% from peak levels by 2035, marking the country’s first-ever absolute emissions reduction target. Speaking by video in a speech to a UN Climate Summit, President Xi also announced 2035 targets to expand China’s installed capacity…

LanzaJet and KMG Advance Kazakhstan’s First Sustainable Aviation Fuel Project

LanzaJet and KMG Advance Kazakhstan’s First Sustainable Aviation Fuel Project

During New York Climate Week, sustainable aviation fuel (SAF) technology and production company LanzaJet and Kazakhstan’s national oil and gas company, KazMunayGas (KMG), announced a key milestone in the country’s first SAF initiative.  The two companies confirmed the project will move into the engineering and design (FEED) phase following the completion of a joint feasibility study. Launched in 2020 by…

Microsoft Buys Green Steel for Data Centers

Microsoft Buys Green Steel for Data Centers

Swedish green iron and steel maker Stegra announced two agreements with Microsoft aimed at advancing the use of near-zero emission steel in the technology company’s datacenter operations.  Founded in 2020, Stegra utilizes hydrogen produced using green power to remove the oxygen from iron oxide, avoiding most of the CO2 emissions normally produced, and uses electricity from 100% renewable sources for…