While companies are making important progress in sourcing renewable electricity for their operations, decarbonizing heat use is their next big challenge – especially for industrial companies.
The BMW Group is stepping up its activities in the field of sustainability and will use cast aluminum wheels produced with 100% green power for its BMW and MINI brands from 2024 onwards.
As part of BNP Paribas’ ‘Climate Analytics and Alignment Report’, net-zero targets have been determined using International Energy Agency (IEA) scenarios and sector-wide initiatives such as the PACTA methodology and the framework provided by the Net-Zero Banking Alliance, joined by the Group in April 2021.
Energy storage is going to be a quintessential part of the new power system architecture as it not only helps to balance out the variability in generation but could also enable consumption of a higher proportion of self-generated renewable power by consumers and reduce the need to feed excess electricity back into the grid.
Last month at COP26, stakeholders from across the renewable energy value chain came together to discuss how to drive South Africa’s energy transition by unlocking corporate procurement of renewable power.
WBCSD today released “Evaluating Climate-Related Financial Impacts on Power Utilities”, new guidance presenting approaches and insights for quantifying energy transition-related financial risk and opportunity in the power electric utilities sector.
By Rutger van der Zanden, Manager of Energy Transformation at World Business Council for Sustainable Development and James Goudreau, Head of Environmental Sustainability External Engagement, Novartis
The pledges equate to nearly one quarter of the decarbonization potential for hydrogen by 2030, as estimated by the Hydrogen Council
WBCSD and 20 member companies today unveil a set of essential policy recommendations to accelerate the deployment of hydrogen with the lowest possible carbon intensity and create a global hydrogen market
The top G20 markets for industrials seeking to decarbonize their low-to medium- temperature heat are China, France, Italy, Germany, South Korea and the U.K., according to a new report by BloombergNEF and the World Business Council for Sustainable Development