Shell unveils two energy scenarios with the world caught in security and climate woes’ grasp

Shell has revealed two energy security scenarios, exploring how the world could evolve and looking into the possible energy and climate outcomes that could come to pass in a world that has security in all its shapes and forms as a prevailing concern. 

The post Shell unveils two energy scenarios with...

https://www.offshore-energy.biz/shell-unveils-two-energy-scenarios-with-the-world-caught-in-security-and-climate-woes-grasp/

In focus: Eye on sustainability at COP27 amidst geopolitical tensions

During the opening of the United Nations Climate Change Conference COP27, currently underway in Egypt, a call to ensure the full implementation of the Paris Agreement echoed once again, as severe geopolitical conflicts and tensions seem to demand actions that are not fully in line with the Paris...

https://www.offshore-energy.biz/in-focus-eye-on-sustainability-at-cop27-amidst-geopolitical-tensions/

Shipping banks, marine insurers opt for 1.5-aligned emissions benchmarking

30 shipping banks and 17 marine insurance providers and brokers announced today that the Poseidon Principles will add additional trajectories to report climate alignment with a 1.5C future.

The post Shipping banks, marine insurers opt for 1.5-aligned emissions benchmarking appeared first on Offshore...

https://www.offshore-energy.biz/shipping-banks-marine-insurers-opt-for-1-5-aligned-emissions-benchmarking/

Mission Innovation To Head $250b Clean Energy Innovation Ideas

  • Mission Innovation 2.0 will spearhead a decade of innovation to catalyze increased investment in clean energy research to deliver affordable clean energy solutions.
  • Action will initially focus on three global Missions: power systems, shipping, and hydrogen, and a new global Platform for insights, collaborations and Incubators.
  • Mission Innovation was launched alongside the Paris Agreement in 2015, to accelerate public and private investment and innovation to make clean energy widely affordable.

https://mfame.guru/mission-innovation-to-head-250b-clean-energy-innovation-ideas/

Convoy aims to save 3 million pounds of CO2 in 2021

Convoy released its first sustainability report.

During the 2020 calendar year, Convoy — a digital freight network company that is already carbon-neutral — helped customers save 1.6 million pounds in carbon emissions. From mid-2019 to Dec. 31, 2020, Convoy’s emissions savings totaled 2.19 million pounds of CO2.

Encouraged by its progress, Convoy has a significantly larger goal in 2021. It wants to save 3 million pounds of CO2 emissions by the end of the year.

The company announced its intentions in releasing its first corporate sustainability...

https://www.freightwaves.com/news/convoy-aims-to-save-3-million-pounds-of-co2-in-2021

What can we expect on Earth Day a year from now?

Climate change and supply chain experts share hopes for Earth Day next year.

Environmental progress certainly has been made in the 51 years since the first Earth Day in 1970, but there is much more work to do. Many companies have set goals for net-zero carbon emissions, but most are a decade or two away from achieving those aspirations.

What can be done in the next 12 months? FreightWaves asked various supply chain and climate change experts, as well as some of its own staff members, this question:

What environmental goals would you like to see companies meet by Earth Day...

https://s29755.pcdn.co/news/hopes-for-earth-day-2022

The Scope For Decarbonization In Developing Economies

The World Bank today published new research on decarbonizing the maritime transport sector with findings that indicate significant business and development opportunities for countries, including for developing and emerging economies, reports World Bank.

Zero-carbon fuels

To lower and ultimately eliminate its climate impact, maritime transport needs to abandon the use of fossil-based bunker fuels and turn toward ‘zero-carbon bunker fuels’, namely shipping fuels which emit zero or at most very low...

https://mfame.guru/the-scope-for-decarbonization-in-developing-economies/

Latest corporate climate progress: Plenty of work still remains

Climate Action 100+ released climate assessment results.

With the help of several think tanks and members, Climate Action 100+ — the largest investor-led initiative on climate change — released its first net-zero company benchmark this week. 

The good news: 52% of the focus companies seek to become net-zero by 2050, if not sooner. The not-so-good: Less than half of those companies setting that ambitious goal actually cover the full scope of most material emissions. 

“We see some progress, but we also see that in certain areas across the board,...

https://s29755.pcdn.co/news/latest-corporate-climate-progress-plenty-of-work-still-remains