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zero emissions

Novartis set to achieve 100% renewable electricity in its European operations

1 min read

The FINANCIAL — Novartis today announced the signature of five virtual power purchase agreements (VPPAs), which are expected to collectively add more than 275 megawatts of clean power to the electrical grid. This move makes Novartis the first pharmaceutical company set to achieve 100% renewable electricity in its European operations through VPPAs. “At Novartis, environmental sustainability is aligned with our purpose to reimagine medicine to improve and extend people’s lives,” said Montse Montaner, Chief Sustainability Officer at Novartis. “Energy efficiency and renewable energy solutions are the cornerstones of our strategy for reducing emissions. These agreements mark a major milestone on…

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Novartis set to achieve 100% renewable electricity in its European operations

1 min read

The FINANCIAL — Novartis today announced the signature of five virtual power purchase agreements (VPPAs), which are expected to collectively add more than 275 megawatts of clean power to the electrical grid. This move makes Novartis the first pharmaceutical company set to achieve 100% renewable electricity in its European operations through VPPAs. “At Novartis, environmental…

Amazon and Global Optimism welcome Henkel and Signify to The Climate Pledge

3 mins read

The FINANCIAL — Amazon (NASDAQ: AMZN) and Global Optimism announced that Henkel has joined The Climate Pledge, a commitment to be net-zero carbon by 2040—a decade ahead of the Paris Agreement’s goal of 2050. Signify, which already achieved carbon neutrality earlier this year, is also joining The Climate Pledge to collaborate with other signatories and share best…

LG and NET-A-PORTE launch limited-edition clothing line

1 min read

The FINANCIAL — LG Electronics (LG) is joining hands with NET-A-PORTER, a leading online luxury fashion retailer, to offer a limited-edition line of gorgeous, environmentally responsible clothing made from high-quality, natural materials developed to last for years. Presented by LG and available exclusively at NET-A-PORTER, the capsule collections will be part of the NET SUSTAIN platform…

bp and Ørsted to create renewable hydrogen partnership in Germany

2 mins read

The FINANCIAL — bp and Ørsted have today signed a Letter of Intent (LOI) to work together to develop a ‎project for industrial-scale production of green hydrogen – a significant step in developing ‎bp’s hydrogen business. Green hydrogen is made by the electrolysis of water using ‎renewable power, producing zero emissions. In their proposed Lingen…

KPMG committed to become net-zero company by 2030

2 mins read

The FINANCIAL — KPMG has today announced its intention to become a net-zero carbon organization by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society.  To underpin this goal, the global organization has signed up to a series of new…

Telia Company going climate neutral

1 min read

The FINANCIAL — Following the successful, rapid reduction of greenhouse gas emissions within its operations, Telia Company is now ready to take the next step on its environmental journey by going climate neutral through offsetting remaining emissions in 2020 – two years ahead of set target date. The move is part of the environmental agenda…

Airbus reveals plans for new zero-emission concept aircraft

3 mins read

The FINANCIAL — Aerospace giant Airbus has unveiled plans for what it hailed as the first commercial zero-emission aircraft. Airbus says the planes are called the turbofan, turboprop and the blended-wing body and are earmarked to enter service by 2035. It is the planemaker’s latest effort to draw public attention to its zero-emission ambitions as…