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Industry chiefs need to transform themselves and their organizations to succeed. By: Anton Derkach, Ignacio Fantaguzzi, Neil Pearse, and Micah Smith – McKinsey & Company Technological, economic, regulatory, and geopolitical forces are driving a rapid evolution of the global energy landscape. The trilemma of balancing energy security, affordability and decarbonization is driving uncertainty around the […]
Shell plc has published its Energy Transition Progress Report 2022, which shows it has again met its climate targets as part of its energy transition strategy. The report will be put to shareholders for an advisory vote at Shell’s Annual General Meeting on May 23, 2023. “In this report, we show the progress we have […]
Climate tech solutions startup Andes announced the completion of a $30 million Series A funding round, aimed at enabling the company to expand its microorganism-based carbon removal solution and commercialize its carbon removal credits. Alameda, California-based Andes uses microorganisms to permanently remove carbon dioxide from the atmosphere. Through partnerships with farmers, the microorganisms are added […]
Latest Sustainability Report highlights the company’s efforts to reduce carbon emissions from its production facilities by 50% and food waste sent to landfill or incineration by 42% per euro of revenue compared to 2019 HelloFresh commits to setting company-wide carbon emissions reduction goals in line with the Science Based Targets initiative (SBTi) HelloFresh, the world’s […]
Mapped: Oil and Gas Spills in the U.S. Since 2010 The recent energy crisis has highlighted the integral role that hydrocarbons play in fueling the modern world, but these fossil fuels still come with their fair share of downsides. Aside from the obvious climate impact they bring, one other downside in particular is spills, which […]
This week in ESG news: Incentive comp for top RBC execs tied to climate strategy; Deloitte launches software solution to drive decarbonization strategies; Morgan Stanley to strengthen deforestation policies for clients; Kansas anti-ESG bill runs into headwinds when $3.6 billion cost revealed; companies say they won’t wait for SEC climate disclosure rules to begin reporting; […]
Board diversity, equal pay, awards amplify Union Pacific’s commitment to diversity, equity and inclusion in new We Are One Report Union Pacific Railroad announced it received third-party validation of pay equity for women and people of color and that its board of directors is now majority-diverse – steps underscoring the railroad’s commitment as an industry […]
Mapped: Asia’s Biggest Sources of Electricity by Country This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week. The International Energy Agency (IEA) predicts that Asia will account for half of the world’s electricity consumption by 2025, with one-third […]
Australia’s competition regulator the Australian Competition and Consumer Commission (ACCC) said that it will be investigating companies for potential greenwashing, after it conducted a study that found concerning environmental or sustainability-related claims from over half of businesses reviewed. The study involved an internet sweep by ACCC of 247 companies across a broad range of sectors […]
The Countries Buying Russian Fossil Fuels Since the Invasion This was originally posted on Elements. Sign up to the free mailing list to get beautiful visualizations on natural resource megatrends in your email every week. A year on from Russia’s initial invasion of Ukraine, Russian fossil fuel exports are still flowing to various nations around […]