Tag: Net Zero

City Corporation on track to hit net zero by 2027

Stuart Mitchell

A new City of London Corporation report has revealed the organisation has slashed its net carbon emissions by 66% since 2018/19, leaving it on track to hit its key target to reach net-zero in its own operations by 2027. The governing body of the Square Mile, which is also a major public services provider in London, cut emissions across its buildings including in the Barbican Centre, its historic Guildhall headquarters, the Guildhall School of Music and Drama, and the London Metropolitan Archives. Lighting, ventilation, heating, cooling, humidification, and insulation were upgraded at the iconic…

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Newly released resources for private equity investors will help evaluate portfolio progress toward net zero

Stuart Mitchell

Ceres welcomes two important new resources for private equity investors to help them evaluate and communicate the progress their portfolio companies are making towards net zero. Last week the Initiative Climate International (iCI) and the Sustainable Markets Initiative’s Private Equity Task Force, supported by Bain & Company, launched the Private Markets Decarbonization Roadmap (PMDR). This tool is for measuring and communicating private company alignment with net zero and was developed in consultation with Ceres, CDP, GFANZ, IIGCC, ILPA, and PRI.  It adds to existing private equity guidance for measuring the…

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A €12 million investment to bring returnable and resealable glass bottles to market in Austria in drive to Net Zero by 2040

Stuart Mitchell

Coca-Cola HBC has opened a new high-speed returnable glass bottling line (RGB) at its plant in Edelstal, Austria. The milestone €12 million investment from Coca-Cola HBC was supported by a €4 million grant from the Austrian government as part of its fund for beverage companies and retailers to enable a true circular economy for packaging. The new line, which is more water and energy efficient, will produce an innovative 400ml returnable and resealable glass bottle for the Austrian market. This is a first across Coca-Cola HBC’s 29 markets and is…

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Innovative waste management procurement solution helps NHS achieve Net Zero

Stuart Mitchell

Leading corporate services provider, NHS Shared Business Services (NHS SBS), has launched its inaugural ‘Sustainable Healthcare Recycling & Waste Management‘ framework agreement designed to help the NHS meet net zero. The framework agreement has been developed in collaboration with Barts Health NHS Trust, Greater Manchester Mental Health NHS Foundation Trust, Pennine Care NHS Foundation Trust, Bolton NHS Foundation Trust and suppliers of pioneering sustainable waste management services and technologies. It gives NHS organisations and the public sector access to carefully vetted vendors of innovative, sustainable waste management solutions, like pyrolysis…

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Carbon Clean moves to new net zero global headquarters

Stuart Mitchell

Carbon Clean, a leader in revolutionising carbon capture solutions, has moved to its new headquarters at The Forge, reflecting the company’s remarkable growth, growing client base and commitment to providing an exceptional work environment for its employees.  This follows two major milestones announced last week, whereby Carbon Clean was selected by ADNOC to deploy its CycloneCC technology and signed a Joint Development Agreement (JDA) with Samsung Engineering to further scale its technology in the maritime sector.  The new headquarters are located near London Bridge, in the UK’s first commercial development…

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