Non-profit financial think tank Planet Tracker has urged companies to use bonus structures to incentivise executives to hit sustainability goals. In a new report The Sustainability Pay Gap: An Analysis of Executive Compensation in the Chemicals, Consumer Goods and Transport Sectors, Planet Tracker said investors are exposed to risk if sustainability targets are missed. The report provides investors with key…
FedEx Buys 3 million Gallons of Sustainable Aviation Fuel for LAX Flights
Global delivery giant FedEx announced the purchase of more than three million gallons of blended sustainable aviation fuel (SAF) over one year from producer Neste, with the fuel to be used for cargo flights out of Los Angeles International Airport (LAX), marking FedEx’s first major U.S. SAF deployment. According to FedEx and Neste, the blended fuel will include a minimum…
Microsoft Launches Solutions Enabling Users to Manage, Reduce Carbon Impact of Cloud Computing
Microsoft announced the launch of new solutions and capabilities aimed at enabling users of its Azure cloud computing platform to take sustainability considerations into account in their cloud migration plans, and to manage and reduce the carbon footprint of their cloud usage. The new product announcements include the incorporation of sustainability considerations into Azure Migrate, the company’s service aimed at…