Sixty percent of Fortune 500 companies have set a climate or energy-related goal, yet they vary dramatically in terms of ambition and are not happening at the speed or scale needed to align with what the science requires, according to a new World Wildlife Fund (WWF) report.
A decade after AN INCONVENIENT TRUTH brought climate change into the heart of popular culture, comes the riveting and rousing follow-up that shows just how close we are to a real energy revolution.
The Carlsberg Group is taking action on global climate challenges with ambitious new targets set out in its Together Towards ZERO sustainability strategy. Carlsberg has targets of eliminating carbon emissions at its breweries by 2030 through the use of climate-friendly technologies, and engaging its value chain to reduce its beer-in-hand carbon footprint by 30% by 2030.
As companies integrate sustainability deeper into the fabric of their businesses, it is changing more than just how they manage themselves—it’s shaping their relationships with suppliers, stakeholders and investors as well.
Consumers Energy broke ground on its third wind energy project, Cross Winds Energy Park II in Tuscola County’s Columbia Township.Michigan’s largest energy provider is working with lead contractor White Construction, which has started building access roads and will begin constructing concrete foundations within two weeks for the 19 new turbines that will be 499 feet tall and generate up to 44 megawatts. White Construction was the contractor for Consumers Energy’s Lake Winds Energy Park near Ludington, Mich.
How the competition will play out is still unclear. What is evident is that the state perceived as the winner in this race will likely become a regional hub for energy storage, attracting investment and jobs, while leaving the other state in its shadow. This puts policy makers in the hot seat.
Public-private partnerships (P3s) are most commonly known for funding large-scale water infrastructure projects that a utility can’t support through traditional funding. However, other key attributes in the P3 model are often overlooked. In a P3, the private entity may provide the capital, but the true benefits go well beyond financing alone.
The company uses hundreds of billions of gallons of water each year, the vast majority related to producing power at its electric generating plants. But in 2016, Consumers Energy reduced water intensity — gallons used per megawatt-hour of electricity produced — by 17 percent at its electric generating plants. The energy provider is aiming for a 20 percent reduction by 2018. Reaching that goal would save more than 100 million gallons of water per year.
Ignacio Rodriguez, director for power sector and energy reforms at Tetra Tech, was part of a Tetra Tech delegation that attended the Africa Energy Forum (AEF) in Copenhagen, Denmark. Ignacio shared insights as part of a panel discussion of the importance of the regulator as an independent entity. All opinions expressed in this post are the author’s own.
Caterpillar CEO Jim Umpleby highlights examples of how we’re building better through natural infrastructure, circular economy practices and energy access, as well as our sustainability practices within the company.
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