San Diego Gas & Electric aims to reach net zero by 2045

It covers all Scope 1, 2 and 3 emissions, which means the company would eliminate not only its own direct emissions but also those generated by customers

JPMorgan pledges $2.5tn to fight climate crisis by 2030

Around $1tn will finance green initiatives that support climate action, with the goal of accelerating the deployment of solutions for cleaner sources of energy

‘Three times as much investment in renewables than in fossil fuels over last decade’

That is according to a report by Imperial Business School and the IEA, which suggests a better risk/return profile for clean energy over fossil fuels

UK announces £92m of new investment in next-gen green tech

It has launched three innovation challenges focusing on biomass production, energy storage technology and floating offshore wind

New project launches to ensure more electric machines doesn’t mean more landfill

The project aims to stop the ‘electric revolution’ for technologies such as EVs resulting in more landfill in the future

IBM commits to net zero emissions by 2030

It aims to reduce emissions by 65% by 2025 and procure 75% of the electricity it consumes worldwide from renewable energy sources by 2025 and 90% by 2030

Orange joins forces with ENGIE to deliver a global renewable energy supply solution

The 15-year Corporate PPA between Orange and ENGIE covers the development of two new solar projects totalling 51MW in the Hautes-Alpes region of France

Allianz reaches 100 wind and solar parks milestone

The multinational financial services giant reached this milestone by building two new wind parks in Poland

US corporate solar market ‘increased twentyfold in last decade’

US businesses added a total of 1.2GW of photovoltaic projects to the grid last year, according to a report

Universities in New Zealand secure government funding to replace fossil fuel boilers

The projects are predicted to reduce the Lincoln and Auckland Universities’ carbon dioxide emissions by around 46,000 tonnes in the next ten years

Festival Net Zero 2021