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E.M.P., M.I.E. agreement promotes sustainable shipping technologies

Japan-based eco-friendly and hybrid marine solutions company Eco Marine Power has entered into a commercial agency agreement with the Maritime International Enterprise Company of Greece to promote sustainable shipping technologies. Through the commercial agency agreement, M.I.E. and E.M.P will work together to build relationships with Greek ship owners and shipping lines to assist with the development of further sustainable...

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UPS continues plans to bring down fuel use, emissions of operations

Logistics giant UPS has released their annual sustainability report for 2012. The company announced that they have achieved a reduction in the absolute amount of global greenhouse gas emissions from their operations by 2.1 percent compared to 2011. Other environmental achievements included ground and air fuel savings, increased investments in alternative fuel vehicles, and retooled routes that shaved...

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Major investors call for transparency and GHG reduction within the industry

Major investment firms are calling for transparency in the reduction of greenhouse gas emissions that are associated with their industry’s investments and portfolios. The call to action, which was made in an investor briefing by the United Nations Environment Programme Finance Initiative, was made in order to reduce policy, regulatory, and financial risks associated with GHG emissions when it comes to investments and the...

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India launches initiative to measure and report GHG emissions

World Resources Institute India, The Energy and Resources Institute, and the Confederation of Indian Industry have formally launched a voluntary initiative that will standardize measurement and management of greenhouse gas emissions in India. The voluntary initiative called the India Greenhouse Gas Program was made to promote profitable, sustainable, and competitive business. Specifically, the main objective of the program is to...

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World Bank fights poverty with renewable energy

The World Bank is now promoting energy efficiency and renewable energy, limiting its financial support for coal-fired power plants so as to reduce poverty and build shared prosperity. The World Bank released a paper back on July 16, titled “The Energy Sector Directions Paper,” which sets a principles-based course for the Bank Group’s work in the energy sector that will focus on expanding energy access and...

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Sustainable practices for food security reduces GHG emissions

Sustainable methods of agriculture and farming can reduce greenhouse gas emissions by as much as 12 percent per calorie produced, according to a new study from an international research organization. Agriculture and land use change account for around one-third of total human GHG emissions in the last ten years, specifically, through crop cultivation, animal production, and deforestation....

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Alstom, EDF test out carbon capture unit

Alstom, along with integrated energy company EDF, has started testing their carbon capture demonstration unit in Le Havre, France. Engineers from the Research and Development teams of Alstom and EDF are running the tests to confirm the predicted quantity of energy and amine solvent needed to operate such a unit. The goal is to find out if the process is worthwhile from a cost and an environmental standpoint. As of this...

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Coca-Cola, W.W.F-partnership set new environmental goals

The Coca-Cola Company and the World Wildlife Fund are renewing their partnership, setting further environmental goals for the beverage company to reach. Coca-Cola and W.W.F. are jointly developing new 2020 environmental sustainability goals that will encompass the nearly 300 bottling partners of Coca-Cola in around 200 countries. The environmental sustainability goals focus on sustainable management of water, energy,...

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How B.P.I. is financing low-carbon projects

The benefits of going green are not lost in businesses, organizations, and multinational companies. What makes transitioning into something greener difficult is the lack of funding to do so. Financing institutions such as banks are the first ones that people turn to when in need of a lift, however some of them, if not most, do not bank on things such as climate change, global warming, or renewable energy...

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Mitsubishi Electric reduces carbon emissions from production, products

Mitsubishi Electric Corporation has reduced the carbon dioxide emissions from their manufacturing operations to 920,000 tons during the 2013 fiscal year. The company has released their Environmental Report 2013, detailing their progress under their 7th Environmental Plan (Fiscal 2013-2015). The 2013 report covers their activities during the fiscal period starting April 1, 2012 and ending on March 31, 2013. Under the plan, Mitsubishi Electric focused on red...

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