Food and beverage giant PepsiCo announced today a series of updates to its key sustainability goals in areas across climate, packaging, agriculture and water, including pushing back its 2040 target to achieve net zero greenhouse gas emissions across the value chain by ten years to 2050. While also announcing more ambitious goals to integrate sustainable farming practices across its agricultural…

Lawmakers in the European Parliament voted 564 – 20 today to approve proposed changes to approve proposed changes to the Carbon Border Adjustment Mechanism (CBAM), the EU’s carbon tax on imported goods, which would exempt the vast majority of importers from the CBAM rules, while allowing the mechanism to continue to cover nearly all emissions from imports across key carbon-intensive…

Carbon removal provider Exomad Green announced a new deal with Microsoft, with the tech giant agreeing to purchase at least 1.24 million tonnes of carbon removal credits over ten years, generated from Exomad Green’s biochar projects in Bolivia. The transaction marks the largest-ever biochar carbon removal purchase agreement globally, and one of the largest durable carbon dioxide removal (CDR) agreements…

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 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…