Apple, FedEx and More Industry Working to Become Carbon Neutral - ThomasNet News

Apple, FedEx and More Industry Working to Become Carbon Neutral – ThomasNet News

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according to The state of the global climate, 2020 was one of the three warmest years on record, and things don’t seem to be getting any better these days.

Although carbon dioxide emissions can be caused by natural factors such as waste from animals, the main culprit It is human activity Such as burning fossil fuels such as coal, oil and natural gas for heating, electricity and transportation. Cement production and deforestation are also huge factors. It would come as no surprise that large industrial companies are the main offenders of CO2 emissions, with the transportation sector causing 27%, electricity 25%, industry 24%, commercial and residential 13%, and agriculture 11%.

With the current state of Earth’s climate, many companies have pledged to become carbon neutral by making several changes to balance carbon dioxide emissions with carbon dioxide uptake.

If these companies could absorb an equal amount of carbon dioxide from the atmosphere for the amount they emit and remove it from society, they would achieve a carbon neutral status, a state of net carbon dioxide emissions. If they absorb more than they emit, they will be carbon negative. Carbon dioxide is absorbed by carbon sequestrationa process that entails capturing carbon dioxide rather than allowing it to be emitted into the atmosphere and storing it in liquid or solid form in carbon leak.

Companies like Apple, FedEx, and Maersk recently announced extensive plans for carbon neutrality. But what exactly are these companies’ pledges, and what steps have they taken toward fulfilling their promise to become carbon neutral? We take a look at 7 of the most famous companies that have pledged to reduce carbon emissions and achieve neutrality in the near future.

1. apple

In 2020, Apple announced that it aims to be carbon neutral by 2030. While the company has already reached this milestone in terms of its global operations, the ultimate goal is for every device sold by Apple to have a zero climate impact by 2030. The steps the company made included Increased use of suppliers transitioning to renewable energy, use of more recycled materials, and participation in environmental sanitation programmes.

2. Fedex

With an investment of more than $2 billion, FedEx plans to be completely carbon neutral by 2040. Plans to achieve this goal include the use of electric vehicles and sustainable energy, as well as carbon sequestration endeavors. The company has pledged $100 million to Yale University’s Center for Natural Carbon Capture to conduct further research on large-scale carbon sequestration methods.

3. Volvo

Using biogas and industrial waste to produce heat, Volvo has already managed to make two of its plants climate neutral. However, the main goal is to have a completely carbon-neutral manufacturing grid by 2025, and to be completely carbon-neutral by 2040. Plans include a 30% reduction in power per car and a full transition to electric-only vehicles by 2030.

4. Etsy

E-commerce site Etsy has pledged to be net-zero by 2030, has committed to a “world of good” according to its website, by following the protocol it outlines science-based goals Initiative (SBTi). The company is already working to offset 100% of its carbon emissions from shipping and packaging and manufactures all of its packaging from 100% recycled or certified materials.

5. Honeywell

Although Honeywell has already started nearly 6,000 sustainability-focused projects since 2010, reduced its greenhouse gas emissions by 90%, and improved energy efficiency by 70% since 2004, plans to become completely carbon-neutral by 2035 is underway. In addition to aiming at Reduce emissions in its direct operations In addition to the emissions generated in its supply chain, Honeywell is on schedule to obtain ISCO 50001 energy management certification at 10 of its facilities by 2024.

6. Maersk

Like Etsy, shipping giant Maersk also follows the standards set by SBTi and is committed to reducing ocean fleet emissions, balancing all direct and indirect carbon emissions across its entire business operations, and delivering net-zero supply chains to customers through 2040. As a near-term goal, the company aim To integrate twelve 16,000 TEU vessels that can run on green methanol by 2024 and reduce emissions by 35-50% by 2030.

7. Porsche

German luxury carmaker Porsche has taken steps towards sustainability by launching an all-electric Taycan in 2019. Moreover, the company launched A comprehensive decarbonization program that aims to neutralize balance sheet CO2 by 2030 across the entire value chain. Two of its German plants are already carbon-neutral, using biogas and renewable energy, and next steps toward neutrality include asking suppliers to reciprocate and investing more than €1 billion in wind and solar turbines globally.

Image Credit: Tatiana Grozetskaya / Shutterstock.com

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