Carbon Software Firm MVGX Tech Partners with Exberry to Power Interconnected Carbon Exchange and Registry Network Upholding Carbon Sovereignty

MVGX Tech, a carbon Software-as-a-Service (SaaS) company empowering corporations, governments, and institutions to take action at every stage of their decarbonisation journeys, announced today a strategic carbon trading infrastructure partnership with Exberry, an independent capital market exchange technology provider. United by a vision to enable and accelerate efficient, regulated carbon markets, both enterprises are joining forces in developing the foundational infrastructure on which compliant carbon markets, connected by a shared registry, can be built. The carbon trading architecture is backed by Exberry’s cloud-agnostic trading platform which is optimised to process high…

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Kingspan reduces absolute scope 1 & 2 GHG emissions and achieves a 29 per cent reduction in carbon intensity

Kingspan Group, the global leader in advanced insulation and building solutions, has released its second annual report for its 10-year sustainability programme, Planet Passionate. Highlights include a 4.3% reduction1 in scope 1 and 2 GHG emissions and a 29% reduction in carbon intensity2 year-on-year, against a background of 42% total revenue growth for the period. For the second year running, the Group has made absolute reductions towards its 2030 net zero carbon manufacturing goal. This is underpinned by a verified SBTi3 target to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2030,…

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Logitech Commits to Remove More Carbon than it Creates with a Climate Positive Approach

Logitech International announced that it is adopting a climate positive approach, addressing its carbon footprint across the entire value chain (Scope 1, 2, and 3) to achieve carbon neutrality this year and setting the company on a path to net zero by 2030, and beyond that, climate positive. The world needs faster climate action to combat climate change and its impacts. Therefore, Logitech is accelerating its previous commitments in support of the Paris Agreement and RE100 and is committing to remove more carbon than the company creates, shifting to renewable…

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New data highlights the hidden carbon and water cost of food waste, as charity claims the issue has been ‘frozen out’ of COP

If food waste were a country it would be the third largest emitter of carbon globally, yet the issue has been largely ignored in climate discussions at COP, according to food charity FareShare. “These Carbon Trust figures show, from a carbon and water saving perspective, that the best destination for edible food will always be people’s plates.” James Persad, Head of Marketing and Engagement at FareShare In the UK, food waste accounts for between 6 and 7% of total greenhouse gas emissions, with an estimated 2m tonnes of perfectly edible…

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Net-Zero Asset Owner Alliance backs call to scale-up carbon removal from atmosphere

Asset owners must immediately scale investment into impactful carbon management and negative emissions technologies both inside and outside of value chains, according to a new position paper from the UN-convened Net-Zero Asset Owner Alliance. Following the recent special report by the Intergovernmental Panel on Climate Change (IPCC), the Alliance recognizes that fostering rapid and deep cuts to GHG emissions across all systems should remain a primary focus for investors. The paper highlights how carbon dioxide removal (CDR) solutions – including a mix of land-based carbon sinks, nature-based solutions, and technological…

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