Search Results for: advanced

Formula 1 expands Sustainable Aviation Fuel investment through new Qatar Airways programme

Stuart Mitchell

Formula 1 has announced it is expanding its investment in Sustainable Aviation Fuel (SAF) through a new programme developed with Global Partner Qatar Airways. This builds upon the previously announced investment alongside Global Logistics Partner, DHL and creates a broader framework for Formula 1 teams and the FIA to participate. In total, the combined investment in the two programmes in 2024 will reduce related emissions by more than 8,000 tCO2e (tonnes of carbon dioxide equivalent). This is an approximate 19% reduction in related emissions, compared to traditional aviation fuel, for…

India can avoid up to 20 million tonnes of emissions through India’s ship recycling sector

Stuart Mitchell

India can use its ship recycling sector to avoid emissions from its steel industry, according to a new report launched by Climate Group and PWC recently. The country has the world’s largest installed capacity for ship recycling, which could be vastly increased given its extensive coastline and favourable geographical conditions. The ship recycling industry, primarily based at Alang in Gujarat, processes around one-third of the world’s decommissioned ships. About 80-85% of a ship is made of steel, making it a significant source for scrap or recycled steel, which can be melted…

Hybrid technology boosts wind and solar

Stuart Mitchell

Wind and solar power are the fastest-growing energy sources in the world today, thanks to their low climate impact and high cost-efficiency. But as electricity production from weather-dependent energy increases, it also makes it harder for the supply system to maintain balance and stability.  Now Vattenfall has developed smart technology which solves many of these problems. In so-called hybrid power farms, different types of energy are combined and controlled in a way that brings out the best from each type. This way,  a hybrid power farm based on wind power…

Stewart Investors Spotlights Six Global Companies Leading the Way to Housing Sustainability

Stuart Mitchell

With housing representing an estimated 17 percent of global energy-related carbon dioxide emissions, the quest for building, operating, and maintaining durable structures is a pressing global priority, according to Stewart Investors, a long-only active equity specialist and a global leader in sustainable investing. Stewart Investors has identified six global companies that are leading the way to a more sustainable housing sector. “As the need for housing continues to accelerate globally amid volatile climate conditions, finding solutions to building durable structures and reducing the sector’s carbon footprint takes on greater urgency,”…

Sustainability disclosure still driven by voluntary policies

Stuart Mitchell

Since 2023, sustainability reporting policies have leaned further toward voluntary frameworks, which now account for 58% of policies set around the world – as revealed in the 2024 edition of the Carrots & Sticks (C&S) report.   The research finds that GRI is referenced in 18% of ESG regulations globally, while there is an increase in disclosure policies related to SDG 8 (decent work) and SDG 16 (peace and justice). The finance, manufacturing and technical sectors are the most targeted industries – each covering 10-20% of policies.  The 2024 report sees…