Day: 27 January 2021

National Grid Joins Low-Carbon Resources Initiative Aimed at Enabling Affordable Net Zero Path

Stuart Mitchell

National Grid has joined the Low-Carbon Resources Initiative (LCRI), a five-year initiative to develop and demonstrate key clean energy technologies and decarbonization solutions. These include clean hydrogen, bioenergy, and renewable natural gas, all potential pathways to a decarbonized future.  “The Low-Carbon Resources Initiative directly aligns with National Grid’s ambition to reach net zero by 2050,” said Badar Khan, President of National Grid, US. “If we are going to reach net zero, we need to pick up speed on developing and adopting zero carbon energy technologies. We are particularly excited about…

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Scotiabank Makes 10-year, $500m Commitment to Foster Economic Resilience Among Disadvantaged Groups

Stuart Mitchell

The pandemic’s uneven economic toll has highlighted the need to remove barriers that persist for some groups while increasing opportunities for all to participate in, and strengthen, the economy going forward. With the goal of fostering economic inclusion and resiliency among disadvantaged groups, Scotiabank has launched ScotiaRISE, a 10-year initiative with a $500-million commitment.  This program seeks to make a meaningful impact in communities throughout the Bank’s footprint by making investments that help people improve their education and employment prospects, adapt to changing circumstances, and increase the likelihood of financial success.  “We know that we can only be as successful as the societies in which we operate, and when there are individuals and communities that…

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Vattenfall and Kaunis Iron in a new partnership concerning electrified fossil-free mining operations

Stuart Mitchell

Vattenfall AB and Kaunis Iron AB have signed a letter of intent to develop fossil-free and electrified mining operations at the iron ore mine in Pajala. The collaboration means finding business solutions to reduce the need for fossil fuels in the mining operations. Here, future wind power projects such as Käymävaara and Selkävaara can play an important role. “We have high ambitions when it comes to not merely meeting the requirements already in place for sustainability. We have expressed our vision that we will supply the world’s most sustainable iron…

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Top musicians take centre stage at Music Feeds to fight poverty, as Co-op donates £1 million

Stuart Mitchell

Sam Smith, The Blossoms, Fontaines D.C., Newton Faulkner and Flogging Molly will join more than 40 international artists uniting to raise vital funds to fight food poverty, help struggling music acts and entertainment industry workers. Tickets are now on sale for the exclusive two-day virtual festival called Music Feeds which has been organised by ethical retailer Co-op and Everybody Belongs Here, the promoter working to do good in the entertainment industry. Music Feeds will run over two nights on 28 and 29 January 2021, with all net profits being donated.…

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Sinebrychoff now produces its beverages with renewable energy

Stuart Mitchell

The oldest brewery in the Nordic countries, Sinebrychoff, will make its beverages  with 100% renewable energy from 1 January 2021. This will become possible as Sinebrychoff’s partner Keravan Energia fully abandons the use of peat. Also heat recovery at Sinebrychoff plays an important role. Work to limit global warming will continue, as the goal is to make the brewery fully carbon neutral. Keravan Energia has decided to abandon the use of peat by the end of this year. In addition, Sinebrychoff has agreed with Keravan Energia that the production of…

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