Key takeaways The company has shifted to large purchases that deliver over many years — many in 2030 or later. Recent buys focus on biomass projects, but the company is targeting a broad portfolio in the longer-term. Many other large companies will need similar amounts of removals to hit net zero, experts told Trellis. When […]
Key takeaways Amazon is kickstarting low-carbon concrete and steel startups with investments from its $2 billion Climate Pledge Fund. The company uses five principles to drive building management decisions but tailors them to region and facility type. One potential blocker: Technicians trained to fine-tune new equipment and artificial intelligence tools. Amazon manages thousands of facilities […]
Key takeaways Novel approach will capture millions of tons of CO2. Startups pursuing geological storage of organic waste and biochar were also named winners. The XPRIZE Carbon Removal was established in 2021 with $100 million from Elon Musk’s foundation. A plan to pay millions of smallholder farmers in developing countries to draw down carbon dioxide […]
Key takeaways Conventional carbon accounting measures impact over 100 years, lessening the focus on short-lived drivers of global warming. The Global Heat Reduction Initiative is offering an alternative accounting methodology that emphasizes near-term impacts. The science behind the methodology is broadly accepted, but adopting it requires trade-offs in what companies and countries value. When companies […]
Key takeaways Operations are among the biggest sources of emissions for fast-food restaurants. The Greener Stores framework outlines 25 practices store managers can use to reduce energy and water consumption, and minimize packaging and food waste. Starbucks focused first on new locations, but existing cafes are encouraged to embrace Greener Stores habits. Starbucks has verified […]
Key takeaways New regulations and global pressure are accelerating the shift toward more sustainable medical garments. Most medical textiles are not recycled, contributing to health care’s large climate and plastic waste footprint. Startups FIGS and AmorSui are serving sector professionals seeking to reduce those impacts, with “circular” scrubs and lab coats. The lives of medical […]
Key takeaways Despite popular belief, conversations happening on Capitol Hill regarding clean energy tax credits and incentives are cordial, respectful and productive. Government affairs and sustainability teams can work closely to ensure advocacy opportunities are as high impact and low risk as possible. Even if lawmakers don’t care about climate change, framing environmental issues in […]
Key takeaways Two prominent Republicans have reintroduced a bill to hold foreign importers accountable for carbon emissions. But the Foreign Pollution Fee Act (FPFA) could increase domestic emissions as manufacturers ramp up production to compensate for fewer imports. Republican Sens. Lindsey Graham (S.C.) and Bill Cassidy (La.) reintroduced a 2023 bill that would impose a […]
The 2022 Inflation Reduction Act (IRA) created dozens of clean energy tax credits that allowed businesses across the country to decarbonize their operations. Now, the Biden-era law is under threat, with many GOP lawmakers expressing desires to cut many of the same clean energy credits that created hundred of jobs in their states. However, there […]
The Global South – home to most of the world’s population – is where most of the planet’s economic growth and greenhouse gas emission growth is taking place. In the runup to COP30 in Brazil later this year, we explore how a sample of these economies are shaping climate financing. Key takeaways Jamaica has been […]