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The EV Impact on Oil Consumption This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on real assets and resource megatrends each week. As the world moves towards the electrification of the transportation sector, demand for oil will be replaced by demand for electricity. To highlight the […]
Carbon capture and removal technology provider Svante and 3M announced today a new partnership, to work together towards developing material that can trap CO2 for use in carbon removal solutions. The partnership comes not long after 3M’s venture capital arm, 3M Ventures, took part in Svante’s $318 million Series E fundraising round. Ray Eby, president […]
Annual Report Underscores Stakeholders’ Priorities in Sustainability and Safety Union Pacific Railroad released its annual Building America Report, which encompasses the railroad’s progress toward its safety, sustainability, corporate accountability and community engagement goals. As part of its steadfast commitment to corporate transparency, the report tracks progress made to address Union Pacific stakeholders’ most important issues identified in […]
A climate-focused legal action against the board of directors of energy giant Shell in the UK will not be permitted to proceed, the High Court ruled Friday. The lawsuit, launched in February by environmental law organization ClientEarth argued that Shell’s energy transition strategy was flawed, putting shareholder value at risk, and asked the court to […]
In the new FedEx 2023 Environmental, Social, and Governance (ESG) Report just released, the company highlights how teams across FedEx are doing their part to further the company’s focus on Our Planet, Our People, and Our Principles. Some highlights from the FedEx 2023 ESG Report include: • Decreasing carbon dioxide emissions intensity on a revenue basis by […]
Uranium: The Fuel for a Utopian Energy Economy Uranium is the primary fuel for nuclear energy, powering more than 400 reactors that make up 10% of the world’s annual electricity generation. With countries turning back to nuclear power as a clean energy resource, uranium has become a strategically important metal for the future. This infographic […]
This week in ESG news: New York becomes first state to ban fossil fuels in new buildings; EU lawmakers propose end to generic ‘climate neutral,’ ‘eco-friendly’ green product claims; DeSantis signs anti-ESG ban into law; investors warn companies over plastic use; KKR invests $800 million in renewable energy deals; ADB launches program to mobilize $15 […]
Energy-as-a-Service provider Redaptive announced an investment from growth equity investor Linse Capital, bringing the capital raised under its Series E funding round to $250 million, with proceeds aimed at helping the company expand its offerings and support more customers. Founded in 2015, Denver-based Redaptive helps organizations to reduce energy waste, lower costs and cut emissions […]
The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2022-23. The theme of the Report is “Towards a Greener Cleaner India”. The Report reflects the views of the contributors and not of the Reserve Bank. See related article: India to Issue Tenders for 250 GW of New Renewable […]
Applied safety science company provider UL Solutions announced today the launch of its portfolio of ESG management offerings, aimed at enabling companies to build and manage sustainability data management programs. With a particular focus on carbon and scope 3 emissions, the portfolio combines advisory practice, software, and verification services to enable sustainability professionals to accelerate […]