Corporate sustainability generating new business, not just carbon savings
Sustainability is not just about compliance and added costs – it can enable long-term value creation for companies, and in many cases, sustainability efforts can help save costs on materials, electricity, and water consumption. That’s according to the latest Sustainability Assessment: Large Industrial Solution Providers report from ABI Research, which asserts that companies that are […]
Importance of data collection and reporting highlighted in sustainability research
ABI Research’s latest Sustainability Assessment has analysed the sustainability activities of 10 of the world’s largest industrial manufacturing conglomerates, highlighting the importance of Scope 3 activities – particularly the robustness of data collection and reporting tools – for achieving industrial firm sustainability objectives. The Greenhouse Gas Protocol defines Scope 3 emissions as all value chain […]
Aston University awarded grant to make research more sustainable
An Aston University scientist has won a $25000 grant in the AstraZeneca Open Innovation CoSolve sustainability challenge to help to make research more sustainable and environmentally friendly Dr Vesna Najdanovic, senior lecturer in chemical engineering at the University’s Energy and Bioproducts Research Institute (EBRI), successfully pitched her idea to explore a new method using ethyl […]
EU Hydrogen Bank could bring renewable hydrogen costs below 1 euro/kg
By Jake Stones, ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank, according to the heads of terms for the bank published by the European Commission on 31 March. The bank, which was announced in September 2022, aims […]
Carbon management adoption increasing as part of corporate sustainable development goals
As the urgency to combat global warming intensifies, enterprises are increasingly adopting rapid decarbonisation practices to align their business strategies with sustainable development goals (SDGs). With a focus on addressing the dual crises of climate change and the ongoing destruction of natural ecosystems, businesses are at the forefront of sustainability efforts and are highly interested […]
Research urges more use of excess heat for energy
New data from Danish engineering group Danfoss has highlighted the vast untapped potential of excess heat as a source of energy. In the EU alone, excess heat amounts to 2,860 TWh/y, corresponding almost to the EU’s total energy demand for heat and hot water in residential and service sector buildings such as schools, hospitals, hotels, […]
Aston University touts new industrial CO2 measurement breakthrough
Researchers at Aston University are to take the UK a step nearer to net zero emissions by developing a better system of measuring industrial carbon dioxide. The government is giving the University £100,000 to improve measurement of CO2 streams from sites such as at power plants and factories. The Energy and Bioproducts Research Institute (EBRI) […]
North America set to lead global renewable refinery capacity additions
Renewable refinery fuels/drop-in fuels are gaining importance globally as they are relatively environmentally friendly when compared to crude oil-based refined fuels. As a result, renewable refinery capacity additions are gaining momentum with North America set to witness the highest capacity additions among all the regions. GlobalData’s report, “Renewable Refineries New Build and Expansion Projects Analysis […]
IT service providers actively targeting ESG opportunities
IT services providers that are expanding their portfolios to target environmental, social and governance (ESG) opportunities are making a wise move as many enterprises require assistance developing and implementing ESG-related initiatives, says GlobalData. The leading data and analytics company notes that these companies must continue to adapt to shifting market dynamics to stay ahead of […]
Oil and gas giants taking ‘measured’ steps for energy transition
Oil and gas industry leaders are steadily incorporating transition fuels as well as low-carbon and zero-carbon energy sources into their portfolios, with the contributions of those fuels ‘pivotal’ for a successful energy transition and mitigation of carbon emissions. GlobalData’s thematic report, “Energy Transition in Oil & Gas,” reveals that major oil companies such as BP, […]