Sustainable Procurement News
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Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Eleven EU states already met 2020 renewable energy target 

Eleven EU states already met 2020 renewable energy target  | Sustainable Procurement News | Scoop.it

The European Union produced 17.5 percent of its power needs from renewable sources in 2017, while 11 of the bloc's 28 members had already achieved a 2020 goal of 20 percent or more, the latest data released by Eurostat showed.

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Germany to phase out coal by 2038 in move away from fossil fuels

Germany to phase out coal by 2038 in move away from fossil fuels | Sustainable Procurement News | Scoop.it

Germany should shut down all of its coal-fired power plants by 2038 at the latest, a government-appointed commission said on Saturday, proposing at least 40 billion euros ($45.7 billion) in aid to regions affected by the phase-out. The roadmap proposals, a hard-won compromise reached early on Saturday after more than 20 hours of talks, must now be implemented by the German government and 16 regional states.

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Tilting at windmills: Spain strains to meet record renewables goal

Tilting at windmills: Spain strains to meet record renewables goal | Sustainable Procurement News | Scoop.it

Wind turbine maker Siemens Gamesa is booking 14 colossal specialised cranes, has hired new staff and boosted capacity by up to 80 percent at its Spanish factories as developers strain to meet a 2020 deadline for cutting carbon emissions. More wind farms are set to be built across Spain in 2019 than in any previous year, the APPA association of renewable energy companies calculates, surpassing a pre-recession boom in 2008 and putting unprecedented pressure on the supply chain.

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World's Largest Shipping Company is Ditching Fossil Fuels and Challenging Their Competitors to Do the Same

World's Largest Shipping Company is Ditching Fossil Fuels and Challenging Their Competitors to Do the Same | Sustainable Procurement News | Scoop.it

The world’s largest maritime shipping company has just announced that they are ditching fossil fuels in a bid for carbon neutrality – and they are challenging other companies to do the same. According to the United Nations, oversea shipping contributes to roughly 3% of the world’s total carbon emissions while handling 90% of the world’s trading. Though phasing out fossil fuels will prove to be difficult, Danish-based shipping company Maersk plans to lead the shift towards sustainability by investing in renewable fuel sources and cleaner shipping models.

EcoVadis's insight:

Many individuals, companies and countries around the world have made a commitment to being carbon neutral. That is taking action to reduce their greenhouse gas emissions to zero – and then ‘offsetting’ an equivalent amount of any remaining emissons. Driving carbon neutrality help in mitigating climate change,and also makes good business sense. It can help to reduce energy costs, boost efficiency, and attract talent to a company. 

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Renewable energy supplier Bulb named UK's fastest-growing company

Renewable energy supplier Bulb named UK's fastest-growing company | Sustainable Procurement News | Scoop.it

Bulb has grown since its launch in 2015 to become the UK's biggest renewable energy supplier after its founders recognised the energy industry was "broken". It’s been named the fastest-growing private company in the UK – now renewable energy supplier Bulb wants to expand at a quicker rate than any energy firm has ever achieved. Set up by friends Hayden Wood and Amit Gudka with the aim of keeping energy switching “simple, cheap and green”, it now supplies 850,000 UK households with 100% renewable electricity sourced from independent energy generators across the country – while 10% of its gas is renewable.

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A new partnership in the bioeconomy: Neste and Clariant signed an agreement 

A new partnership in the bioeconomy: Neste and Clariant signed an agreement  | Sustainable Procurement News | Scoop.it
Neste, the Espoo-based world’s leading provider of sustainable renewable diesel and an expert in delivering drop-in renewable chemical solutions, and Clariant, a world leader in specialty chemicals, signed an agreement for a new partnership to join forces in developing and making new sustainable material solutions accessible to a variety of industries.
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Britain's Drax becomes world's first biomass plant to capture carbon

Britain's Drax becomes world's first biomass plant to capture carbon | Sustainable Procurement News | Scoop.it

Britain's Drax has started capturing carbon dioxide at its wood-burning power plant in North Yorkshire, a world first in technology it hopes could lead to carbon negative power plants in the future. Energy companies are seeking ways to reduce carbon dioxide emissions while also providing constant supplies of electricity when renewable power sources, such as wind and solar are limited by the weather. The pilot bioenergy carbon capture and storage project is expected to capture a tonne of carbon dioxide a day and Drax will also seek to find ways to store and use the CO2 captured.

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China, developing countries, lead in renewable and solar energy investment

China, developing countries, lead in renewable and solar energy investment | Sustainable Procurement News | Scoop.it
Developing countries, with China at the forefront of the group, are leading in global investment in renewable power generation, according to a new report on global trends in renewable energy investment released Thursday.
EcoVadis's insight:

Energy remains a major contributor to global warming, accounting for 60 percent of GHG emissionsSustainable Development Goal 7 proposes to resolve this issue by promoting the use of renewable energy while decreasing the use of conventional energy. Before effectively engaging suppliers, companies should internally integrate the criteria of energy consumption and GHG emissions into their procurement decisions. 

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Katy Pineda's curator insight, January 24, 3:20 PM
China holds more than half of the world's solar energy capacity. Due to the surge in solar energy, there are more jobs, better quality jobs, and better paying jobs. Also, because of the increase in solar energy, there is less pollution. Solar energy is the key to help fighting climate change around the world. 
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Major Funding Pledges Won't Close the Clean Energy Investment Gap

Major Funding Pledges Won't Close the Clean Energy Investment Gap | Sustainable Procurement News | Scoop.it
Several major financial institutions have made massive sustainable-investment pledges surrounding COP24, the new round of global climate talks that concluded earlier this month in Poland. The World Bank announced $200 billion in funding for projects tackling climate change in developing countries. Five of Europe’s largest banks, managing more than $2.7 trillion, promised to reassess their lending and reduce their carbon impact. And several countries increased their funding to the Green Climate Fund, which supports renewable energy and climate resilience projects in developing countries, bringing the funding to $7 billion.
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Ukraine cities gear up to run on local clean energy by 2050

Ukraine cities gear up to run on local clean energy by 2050 | Sustainable Procurement News | Scoop.it

Fossil fuel-dependent Ukraine will strengthen its climate change action plan under the Paris Agreement to curb global warming, its government said at U.N. climate talks in Poland this week. Four Ukrainian cities also reaffirmed their goal of shifting to 100 percent renewable energy by 2050, announced this year.

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Major businesses call for easier access to renewable energy

Major businesses call for easier access to renewable energy | Sustainable Procurement News | Scoop.it

Nearly 100 organisations are calling on European governments to make it easier for them to invest in and directly source renewable energy. The companies, including Amazon, E.ON, Facebook, Google, H&M, Lightsource BP, Nike and Siemens Gamesa, have signalled their willingness to do more to tackle climate change in a declaration signed in Amsterdam today. According to WindEurope, corporate renewable power purchase agreements (PPAs) worth 6GW have already been signed in the region, with nearly 2GW contracted in 2018 alone.

EcoVadis's insight:

Great sustainable efforts on the part of these major companies. Climate change has been acknowledged for a few decades now. Many companies are making efforts into reducing their carbon footprints, making sure to mitigate climate change. 

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