Will the watered-down version of the EU’s CSDDD inspire corporate responsibility legislation in other countries? The post CSDDD: Raising the bar on corporate responsibility outside Europe? appeared first on VitalBriefing.
TotalEnergies Buys 50% Stake in Offshore Wind Farm from RWE to Power Green Hydrogen Production
TotalEnergies announced today the acquisition of a 50% stake in OranjeWind, a 795 MW offshore wind farm under development in the Netherlands, from German power producer RWE, with TotalEnergies’ share of the project’s renewable energy to be used to power electrolyzer projects for the production of green hydrogen. According to TotalEnergies, the transaction forms part of the company’s initiatives towards…
Google, DHL Sign Deal to Use SAF for Global Shipping
Logistics giant DHL and Google announced today the launch of a new partnership, with Google utilizing the DHL GoGreen Plus service and investing in sustainable aviation fuel to help reduce its emissions from air logistic transportation across the Americas, Asia, and Europe. DHL’s GoGreen service provides shippers with the option of climate-neutral shipping through investments in internationally recognized climate protection…
Airbus Partners with Airlines, Investors to Launch $200 Million Fund to Accelerate SAF Production
Airbus announced that it has joined as an anchor investor for the launch of the Sustainable Aviation Fuel Financing Alliance (SAFFA) investment fund, aimed at accelerating the production of SAF. The new fund is being launched with approximately $200 million from investors including Airbus, the Air France-KLM Group, Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and…
AI Startup Splight Raises $12 Million for Tech Allowing More Clean Energy on the Grid
Grid-focused AI startup Splight announced today that it has raised $12 million in its Seed funding round, with proceeds aimed at supporting the company’s global expansion plans and further product development for its solutions to help deploy clean energy at scale. Founded in 2020, California-based Splight provides AI-based solutions aimed at unlocking the capability to deploy clean energy at scale…
Airbus Announces Strategic Investment in SAF Technology Company LanzaJet
Aerospace giant Airbus announced today an investment in sustainable aviation fuel (SAF) technology and production company LanzaJet, forming part of part of LanzaJet’s current $100 million growth equity funding round, aimed at enabling the company to continue scaling its ethanol-to-SAF technology. The announcement marks the latest in a series of investments in the LanzaJet, including recent investments by Tokyo-based banking…
Deloitte, Akila Partner to Offer Decarbonization Solutions for Buildings
Digital twin data platform Akila and global professional services firm Deloitte announced today a new strategic alliance to decarbonization-focused software solutions for U.S. clients, aimed at enabling reduced emissions, optimized energy consumption and enhanced efficiencies in the operations of buildings. Founded in 2021 to focus on helping organizations decarbonize their operations, Akila offers technology enabling building data to be centralized…
UK Government Confirms 2% Sustainable Aviation Fuel Requirement Beginning 2025
Newly appointed UK Secretary of State for Transport Louise Haigh announced in a statement to Parliament that the new government intends to move forward with an SAF mandate, requiring the introduction of sustainable aviation fuel (SAF) in the UK’s jet fuel mix, starting at 2% in 2025, and ramping up to 22% by 2040. Fuel accounts for the vast majority…