Inditex (BME:ITX), owner of major high street fashion brands including Zara, Bershka and Pull&Bear, has partnered with A.P. Møller-Maersk (NASDAQ:MAERSKA) to tackle the shipping emissions of its supply chain.
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From decarbonising steel to unmasking the issues with carbon removals, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
From scrutiny into the SBTi to companies clinching partnership to achieve sustainability efforts, in this weekly round-up we explore the latest developments regarding corporate initiatives, sustainability reports and key industry updates.
A recent assessment of US retailers suggests that an enormous source of greenhouse gas emissions is, as yet, being largely ignored.
In November 2020, four young graduates from the Massachusetts Institute of Technology banded together with the foundation of Amogy. Seonghoon Woo, Young Suk Jo, Hyunho Kim and Jongwon Choi have since been joined by over 140 employees as their company has expanded from its New York headquarters to additional offices in Houston and Norway.
Forth Ports has announced that its operations are set to be carbon neutral by 2032 and Net Zero by 2042.
A research team at Chalmers University of Technology in Sweden claims to be the first to demonstrate that it is possible to reduce the aerodynamic resistance of ships by up to 7.5% by utilising what is known as the “Coanda effect”.
Port of Aberdeen boss Bob Sanguinetti is confident new plans to boost the harbour's green credentials will help the Granite City become net-zero capital of the world.
US-based Viridos has raised $25 million for its efforts to improve the commercial viability of algal biofuels.
The use of green ammonia to decarbonise shipping may get a major boost when US-based startup Amogy demonstrates its technology to power a tugboat in late 2023, but policy support is needed to deploy the fuel at scale.