A major collaboration between Durham University, Newcastle University and Procter & Gamble (P&G) has resulted in the development of a new framework to support industrial decarbonisation in the consumer goods sector. A growing need to decarbonise chemical production The 18-month partnership has produced a robust tool that enables chemical manufacturers to assess and compare existing and emerging technologies based on environmental impact, economic viability, and alignment with policy. The framework integrates lifecycle assessment (LCA), technoeconomic analysis (TEA), and regulatory considerations to help businesses make informed decisions about low-carbon manufacturing routes.…
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IFC Anchors voestalpine’s First Green Bond Issuance to Propel Steel Sector Decarbonization
IFC has announced an anchor investment of €75 million in the first green bond issuance by voestalpine AG, a global leader in steel processing and production headquartered in Austria. This landmark investment aims to accelerate the decarbonization of key value chains in the steel sectors of Brazil, Poland, and Romania. Steel is a critical resource for key industries and global economic development, playing a vital role in the green transition of sectors such as transport, manufacturing, and construction. However, the steel industry faces significant decarbonization challenges due to its reliance…
Read MoreAston University regional small business decarbonisation programme reaches milestone
Over 400 businesses have signed up to Aston University’s West Midlands Decarbonisation Net Zero Programme which supports SMEs to decarbonise and save money. The programme provides information, expert advice and conducts energy audits and is aligned with the government’s legally binding climate target to achieve net zero by 2050. Aston University experts led by Prasanta Dey, professor of operations and information management, are working with Black Country Industrial Cluster (BCIC) and Coventry City Council on the project. Through personalised one-to-one advice, webinars, workshops and peer networks, the programme aims to empower businesses…
Read MoreFrito-Lay North America Completes First Third-Party Electric Vehicle Shipment in Continued Effort to Decarbonize Supply Chain
Frito-Lay North America (FLNA) has announced its first-ever third-party shipment on an electric vehicle with Schneider National Inc., a premier multimodal provider of transportation, intermodal and logistics services. This is the first third-party transportation shipment on an electric vehicle (EV) for PepsiCo globally and establishes FLNA and its beloved snack products as the first to contract transport on Schneider’s electric truck fleet of Freightliner eCascadias. “Today’s milestone shipment underscores the importance of cross-industry collaboration in building a more sustainable food system and achieving Frito-Lay and PepsiCo Positive’s goal of net-zero…
Read MoreSustainable Apparel Coalition Launches Decarbonisation Guide for Members
The Sustainable Apparel Coalition (SAC), as an impact-driven global convener of around half of the apparel and footwear industry, today launches its Decarbonization Guide for Members. The Guide is part of the SAC’s Decarbonization Program, launched last year, to drive science-based targets (SBTs) adoption and reduction in emissions across the textile and apparel industry. The Guide provides a six-step process by which organizations can commit and set SBTs and develop action plans to deliver individual targets. Responsible for between two and eight percent of annual global greenhouse gas (GHG) emissions,…
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