Fifth Third set an ambitious goal to power the Bank’s operations across its national footprint – including more than 1,000 retail locations and operational facilities across 11 states – with 100% renewable power.
Massachusetts utilities and energy efficiency service providers have filed their 2013-2015 Term Reports with the Department of Public Utilities, showing unprecedented energy savings and dollar benefits statewide over the three-year period. For each of the three years, Massachusetts was also ranked number one on the American Council for An Energy Efficient Economy’s State Energy Efficiency Scorecard.
For the third year, CITGO Petroleum Corporation and the Ocean Exploration Trust (OET) are providing teachers and students with unique educational opportunities in the eastern Pacific Ocean.
The June arrival of the AIDAsol marked the official opening of the landside power plant in Altona. In addition to Olaf Scholz, Mayor of the Free and Hanseatic City of Hamburg, Jens Meier, Chairman of the Management Board HPA, Dr. Monika Griefahn, Director for Environment and Society AIDA Cruises, and Michael Westhagemann, CEO of the Siemens AG Region Hanse and Chairman of the Cluster Renewable Energy Hamburg, Federal Environmental Minister Dr. Barbara Hendricks and Andreas Boschen, HEAD of INEA CEF (Connecting Europe Facility) also attended the event.
Distributed generation, the low price of natural gas and modern customer information systems represent growth opportunities for the electric industry even as security concerns are on the rise and legacy power generation sources cede their prominence to new technology. Those are the top findings in Black & Veatch’s 2016 Strategic Directions: Electric Industry Report, the company’s annual review of the issues affecting the industry.
Earlier this year, palm oil producer IOI Group had its RSPO (Roundtable on Sustainable Palm Oil) certification suspended after failing to meet RSPO certification standards. The RSPO announced in a statement last Friday that IOI Group will regain its certification starting today (August 8, 2016). The RSPO has found that the IOI Group is now fully compliant with RSPO standards and has plans in place to compensate stakeholders.
A new offshore wind turbine from Siemens is set to lower the cost of wind power generated on the high seas. Siemens believes it is well on the way to reaching its goal of producing offshore wind energy at a total cost of less than ten euro cents per kilowatt-hour (kWh) by 2020.
A curious dilemma has emerged for the environmental community seeking to encourage companies to adopt sustainable production practices through the vehicle of market-based, voluntary certifications. Until this dilemma is resolved, it could drive the very companies who are engaged in the best practices away from participation in these certification programs.
Siemens and various partner companies in the energy, chemical and steel industries are addressing this question in a joint project known as Carbon2Chem. This project, which is supported by a EUR 50 million grant from the German Federal Ministry of Education and Research, was officially launched in late June.
Although in the past the Olympics presented an opportunity for companies to share their commitments to society and the environment with a global audience, so far, many have commented on the surprising dearth of campaigns this year. Yet, in the midst of a complex Olympic environment, a few companies have stepped forward to leverage their involvement for social or environmental good in Rio and beyond. Here's a quick snapshot:
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