Improvements in technology and measurement are showing that forest conservation projects do work – and should be accelerated, says Antoine Rostand, Co-founder of Kayrros. The voluntary carbon market continues to divide opinion. Just recently, the Science Based Targets initiative (SBTi) provoked a backlash – including from within the organisation itself – when it revised its Corporate Net Zero Standard to…
Airport Operator Groupe ADP Invests $20 Million in Sustainable Aviation Fuel Provider LanzaJet
Sustainable aviation fuel (SAF) technology and production company LanzaJet announced today a $20 million investment from airport operator Groupe ADP, aimed at supporting the deployment of LanzaJet’s SAF process globally. Launched in 2020 by carbon recycling technology company LanzaTech, Illinois-based LanzaJet has developed “Alcohol-to-Jet” technology enabling the creation of SAF and renewable diesel from waste-based and sustainable ethanol sources including…
ERM, Workiva Partner to Provide Sustainability Reporting Solutions and Services
Sustainability advisory firm ERM and business data and reporting solutions provider Workiva announced today the launch of a new strategic partnership aimed at providing companies with advice and technology solutions to meet growing sustainability and climate-related reporting requirements. According to the companies, the new partnership comes as companies are facing increasing and evolving regulatory sustainability reporting requirements, while working to…
Pernod Ricard Commits to Science-Based Emissions Reduction Goals
Wine and spirits producer Pernod Ricard announced today a series of new near- and long-term climate-related goals, including targets to cut direct emissions by more than half by 2030, and by 90% by 2050, as well as commitments to reduce emissions across the value chain, including forest, land and agriculture-related (FLAG) emissions. The company also announced that its new targets…
Mizuho Pledges to Provide $13 Billion Financing to Develop Hydrogen Supply Chain
Tokyo-based banking and financial services company Mizuho Financial Group announced today a new goal to provide JPY 2 trillion (USD$13 billion) in financing for the production and supply of hydrogen and related technologies by 2030. According to the company, the new goal reflects a growth in funding needs for the hydrogen sector, a key component for decarbonization in several emissions-intensive…
Microsoft to Require Key Suppliers to Use 100% Carbon-Free Electricity as Supply Chain Emissions Jump
Microsoft announced a new policy for some of its key suppliers to use 100% carbon-free electricity, as part of a series of actions being put in place by the company to get back on track towards its goal to reduce emissions across the value chain. The new policy was reported with the release of Microsoft’s 2024 Environmental Sustainability Report, assessing…