Impact

Occidental Signs Four-Year Deal with Jet-Maker Airbus for Carbon Credits

Occidental Petroleum Corp on Thursday said it agreed to sell emissions-offsetting carbon credits to jet-maker Airbus under a deal that advances the U.S. oil producer’s budding energy transition business. The four-year agreement sets the stage for Occidental to go ahead on an investment decision for what would be the world’s largest plant designed to suck […]

Groundbreaking Desalination Tech to Be Unveiled

Three Eastern European companies developed a novel water purification technology that depends heavily on recycled materials, particularly banners.  According to people familiar with the project, this groundbreaking zero-emissions technology will bring water to the places that need it most.   Project spokesman Endre Kodolányi says that “the initiative is based on modular technology, similar to the […]

Chinese Tech Giant Tencent Pledges Carbon Neutrality by 2030

China’s Tencent Holdings Ltd said on Thursday it plans to have its operations and supply chain achieve carbon neutrality by the end of the decade. The company, whose businesses range from messaging app WeChat to games and cloud-based services, is also committing to using green power for 100 percent of its electricity use by 2030. […]

Samsung’s 2022 Galaxy Lineup to be Made from Sustainable Material

Samsung announced its latest lineup for February 9th, the 2022 Galaxy S will be partly created from eco-friendly sustainable products, using ocean-bound comprised from fishing nets. The corporate behemoth revealed plans to imbed the material in all products to be announced next week, then incorporate it into the remainder of its devices’ lineups.  According to […]

Are Eco-SIMs an Unnecessary Step in Telco Sustainability?

Shifting straight to eSIMs is a more strategic choice In October 2021, telecom giant and leading global mobile network operator (MNO) Vodafone announced its new Eco-SIM — made from recycled plastic. Any sustainability feat is positive for the telecommunications industry, which contributes two per cent of the global emissions total. But why stop at recycled […]

UAE Launches ‘Big Data for Sustainable Development’ UN Platform

The United Arab Emirates (UAE) Government launched its United Nations (UN) platform, “Big Data for Sustainable Development,” in an initiative directed at fulfilling the requirements for the Middle East and North Africa (MENA) region. The declaration came throughout the “Mobilizing Big Data Science for the Sustainable Development Goals” forum, which was kicked off on January […]

Factbox-Gas and Nuclear Are 'Green'? Not So Fast, Say Some Investors

The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]

Microsoft's Activision Deal Holds Climate Quarrels

In the past, Microsoft has built strong environmental, social, and governance policies around itself, and now with the latest Activision Blizzard acquisition news, the Big Tech giant could be facing years of work to bring the gaming titan in alignment with its sustainability policies. The Big Tech giant is already setting in motion plans to […]

Sony Seeks New Partners for Transformative EV Project - Executive

Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony executive told Reuters. An ongoing shift to electric cars, which are easier to build than those with internal combustion engines, is allowing new […]

China's CATL Launches Battery Swap Service for Electric Cars

China’s Contemporary Amperex Technology Co Ltd on Tuesday launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute. The battery maker will set up swap stations in ten cities around China and users will be able to access the service via […]