Good News Notes: “Swiss banking major Credit Suisse plans to slash its exposure to the fossil fuel industry by half by 2030. The bank said, as quoted by Reuters, it had already reduced its exposure to the industry by 41 percent between 2020 and 2021, and currently had some $2.6 billion in loans outstanding with oil, gas,…
Tag: Paris agreement
Solar panels in space could be clean-energy gold mines
Good News Notes: “Solar power has been a key part of humanity’s clean energy repertoire. We spread masses of sunlight-harvesting panels on solar fields, and many people power their homes by decorating their roofs with the rectangles. But there’s a caveat to this wonderful power source. Solar panels can’t collect energy at night. To work…
Opec member urges oil producers to focus more on renewable energy
Good News Notes: “The finance minister of Iraq, one of the founding members of the global oil cartel Opec, has made an unprecedented call to fellow oil producers to move away from fossil fuel dependency and into renewable energy, ahead of a key Opec meeting. Ali Allawi, who is also the deputy prime minister of Iraq,…
Dove Launches its First Refillable Deodorant in Effort to Cut Plastic Use
Good News Notes: “Dove has launched its first refillable deodorant in an effort to tackle the global plastic waste crisis. Dove has worked with international campaign group A Plastic Planet to revolutionize its use of materials. Shoppers will now be able to select a Dove stainless steel refillable deodorant case at Target and Walmart stores across America. Shoppers then…
Pope Francis commits Vatican to net zero carbon emissions by 2050
Good News Notes: “Pope Francis urged countries on Saturday to work towards net zero carbon emissions and committed Vatican City — the world’s smallest state — to reaching the target by 2050. Francis, who has championed environmental causes since his election in 2013, told a U.N. climate summit the 108-acre (44-hectare) city-state surrounded by Rome…
The LEGO Group commits to reducing carbon emissions by 37 per cent by 2032
Good News Notes: “The LEGO Group has committed to reducing its absolute carbon emissions by 37 per cent by 2032 – a target that has been approved by the Science Based Target initiative. The goal is consistent with levels required to keep global warming below 1.5 degrees, and is recognised as the most ambitious goal…
Vodafone targets net zero carbon emissions by 2040
Good News Notes: “Vodafone announced it has committed to reducing the company’s total global carbon emissions to “net zero” by 2040, which cut 10 years off of its original deadline. As part of the Paris Agreement, Vodafone also confirmed that its 2030 carbon reduction targets were approved by the Science Based Targets initiative. By 2030,…
Johnnie Walker paper bottle first step in sustainable packaging race
Good News Notes: “Collaboration is the way to go when it comes to tackling climate change, according to one of the world’s largest alcoholic drinks makers. Like many large manufacturers, Diageo found that a lot of its carbon footprint is produced early on in its supply chain, including from raw materials and in packaging. These are classified…
Kleenex and Huggies parent Kimberly-Clark aims to halve its environmental footprint within the next decade
Good News Notes: “Consumer products giant Kimberly-Clark has updated its sustainability plan, now aiming to reduce its plastics, water and natural forests footprints 50% by 2030.” View the whole story here: https://www.marketwatch.com/story/kleenex-and-huggies-parent-kimberly-clark-aims-to-halve-its-environmental-footprint-within-the-next-decade-2020-07-08
Shell Sets Net-Zero Target for 2050, Emphasizing Power and Renewables
Good News Notes: “Shell on Thursday announced a net-zero emissions target for 2050, becoming the second major European oil company after BP to embrace such a goal. An expanded power business will make the biggest contribution to the shift but renewables investment will play a major role. The British-Dutch firm will also target ‘Scope 3’ emissions, which encompass the end…