The LEGO Group announced plans to scale up its use of renewable energy, with an anticipated increase of 72% in solar capacity globally this year. According to LEGO, the company’s solar expansion forms a key initiative towards the company’s climate goals, which include achieving net zero greenhouse gas (GHG) emissions by 2050, and an interim target to reduce emissions by…
Logistics giant DHL Group announced an expanded collaboration with renewable fuels producer Neste, including plans to offtake around 300,000 tons – roughly 375 million liters – of unblended sustainable aviation fuel (SAF) per year, and to explore the use of renewable diesel in DHL’s road transport. According to DHL, the collaboration aims to leverage Neste’s renewable fuels to decarbonize DHL’s…
IKEA announced a significant expansion of its renewable electricity programme, adding 14 new countries – including the U.S. – to the initiative, aimed at addressing supply chain emissions and working towards 100% renewable energy across its value chain. Addressing greenhouse gas (GHG) emissions from production forms a significant part of IKEA’s commitment to become climate positive – reducing more emissions…
The Platform on Sustainable Finance (PSF), an expert group mandated by the European Commission to advise it on the development of sustainable finance policies, announced today the publication of a new report with comprehensive recommendations aimed at simplifying the EU Taxonomy. The recommendations come amidst a major push by the EU Commission to reduce administrative and reporting burdens on companies,…
Swiss startup Oxyle announced that it has raised $16 million in a seed funding round, with proceeds to be used to grow its team and expand its solution to destroy PFAS “forever chemicals” in wastewater. PFAS are a group of chemicals that have been in use in a wide range of consumer and industrial products since the 1940s, and are…
Pharmaceutical supply chain decarbonization initiative Energize announced today a new aggregate power purchase agreement (PPA) with renewable energy developer X-ELIO, providing healthcare companies Haleon and GSK, Gilead Sciences and Thermo Fisher Scientific with 245 GWh of renewable energy annually over 10 years. Managed by energy and automation digital solutions provider Schneider Electric together with the Pharmaceutical Supply Chain Initiative, the…