Scotland’s Railway on track for net zero emissions by 2035

The United Nations is encouraging countries to take action to protect our environment. This worldwide awareness includes rail networks, with Scotland’s Railway having a big part to play in reducing the industry’s carbon emissions to net zero by 2035. ScotRail and its partners are already making rail healthier by assisting in the fight against climate change and, the numbers from the train operator are impressive. Between 2014 and 2019 Scotland’s Railway electrified 325km of the country’s central railway network. This investment supported the introduction of a new £370m fleet of…

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bp and CEMEX team up on net zero emissions

bp and CEMEX, S.A.B. de C.V. have announced that they will work together on accelerating the ‎progress of CEMEX’s 2050 ambition to deliver net zero CO2 concrete globally. The two companies have agreed to a memorandum of understanding to develop ‎solutions to decarbonize the cement production process and transportation. These ‎potential solutions may include low carbon power, low carbon transport, energy ‎efficiency, natural carbon offsets, and carbon capture, utilisation and storage ‎technologies. Additionally, they intend to work together to develop urbanization solutions ‎envisioned to decarbonize cities.‎ ‎“Concrete plays an integral…

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Mastercard Pledges Net Zero Emissions; Innovates for Collective Climate Action

Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by 2050.  Understanding that economic growth cannot come at the expense of the planet, the company’s global action plan aims to continue to reduce greenhouse gases (GHG) by remaining focused on the decarbonization of its operations and bolstering its efforts to decarbonize its supply chains. Mastercard’s net zero goal builds upon its existing GHG commitments that align with the Business Ambition for 1.5°C pledge.  The first in the…

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Leading Asset Managers Commit to Net Zero Emissions Goal with Launch of Global Initiative

Asset managers representing over $9 trillion of assets under management (AUM) today announced the launch of the Net Zero Asset Managers initiative. This is a leading group of global asset managers that commit to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C. They also commit to support investing aligned with net zero emissions by 2050 or sooner. Delivery of the commitment also includes prioritizing the achievement of real economy emissions reductions within the sectors and…

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BlackRock Unveils New Offering to Power Investors’ Transition to Net Zero Emissions

Building on BlackRock’s strength in risk management through the Aladdin platform, BlackRock has announced it has created Aladdin Climate to meet the urgent need among financial institutions and investors to quantify climate risk in their portfolios as the physical toll of climate change mounts and the global transition to net zero emissions accelerates. Aladdin Climate is the first software application to offer investors measures of both the physical risk of climate change and the transition risk to a low-carbon economy on portfolios with climate-adjusted security valuations and risk metrics. Using…

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