Green hydrogen, flow batteries, and fuel cells are reinventing the energy market, and proton exchange membranes (PEM) are critical for effectively commercializing these technologies. Together, they contribute substantially to a new hydrogen economy and the decarbonization of energy across our planet.

Soon, PEM water electrolyzers are expected to become one of the most cost-efficient methods of producing green hydrogen. This system uses electricity to break water into its basic components—hydrogen and oxygen—and extract the hydrogen for independent use.

When the energy supplied to the water electrolyzer comes from sustainable, zero-carbon sources (e.g., hydro, wind, solar), the process is carbon-neutral, and the electrolyzer’s hydrogen output is truly green hydrogen. Green hydrogen can be transported via pipeline or pressurized tank to stationary distributed-power-generation fuel cell locations or hydrogen fuel-cell electric vehicle (FCEV) refueling stations, or used locally as a point-of-use production facility.

The Role of PEMs in Meeting the Sustainable Energy Challenge

One of the most vexing challenges for two of the three current sustainable-power-generation technologies is that wind and solar are inherently intermittent. Only hydroelectric power from large dams offers reasonably consistent and controllable power output over time.

Practical use of wind and solar sources, on the other hand, requires finding a way to match their power output with fluctuating electricity demand. The obvious solution is to store excess power from solar arrays and wind farms when their output exceeds demand, then make it available whenever demand requires it.

Yet again, PEMs can make a substantial contribution to sustainability. A relatively new technology—flow batteries—promises to provide large-scale, long-term, economically competitive energy storage to help mitigate the natural fluctuations in sustainable energy production. At the heart of a flow battery is a PEM cell designed specifically to generate electricity. These PEM cell stacks can be combined to form flow batteries with a total output in the megawatt range. When a rise in grid demand exceeds the capacity of the operating sustainable generation, the positive and negative liquid electrolytes can be pumped from storage tanks to the PEM cell stacks. The stacks will nearly instantly generate the power needed to meet demand. When sustainable generation output exceeds demand, the excess power can be supplied to the cell stack, and its operation is reversed to regenerate the positive and negative electrolytes, which are returned to their respective holding tanks, ready for the next demand cycle.

Unlike the fixed-quantity electrolytes used in lithium-ion and other battery technologies, the liquid electrolytes used in flow batteries do not degrade or discharge over time, so a flow battery’s electrical capacity is determined only by the inherent capacity of the cell stack and the stored electrolyte volume. Increasing a flow battery’s installed power capacity is a simple matter of increasing electrolyte storage tank volume.

Fuel Cells for Electric Vehicles (EVs)

In the United States, the transportation sector contributes to smog and poor air quality, which are known or suspected to cause detrimental health and environmental impacts. Because internal combustion engine vehicle emissions contribute to air pollution and climate change, substituting fuel cell EVs powered by zero-carbon-emission sources such as green hydrogen can mitigate transportation’s adverse impact on emissions and climate.

Today, most EVs are driven by electric motors powered by electricity stored in an onboard battery pack. On the other hand, fuel cell EVs (FCEVs) use an onboard hydrogen-powered PEM fuel cell to produce electricity to power the vehicle’s electric drive motor(s). The only on-vehicle emission is clean water vapor. FCEVs offer environmentally clean transport and provide an operating range and refueling speed that are competitive with diesel- and gasoline-powered vehicles.

Hydrogen fuel cells provide a promising clean fuel solution, especially for heavy vehicles such as long-haul tractor-trailers, where long operating ranges and fast refueling are crucial for profitable operation. But they also depend on robust, efficient fuel cells. Fuel cell engineers and designers select Chemours Nafion™ membranes because of their high conductivity, superior strength, and chemical durability.

In the future, fuel cells are expected to be a primary choice to power transportation, as fossil-fuel-powered vehicles are replaced with hydrogen-powered buses, trucks, cars, trains, airplanes, and freight ships. As new uses and applications appear on the market, companies will need an innovative membrane partner to ensure that fuel cells meet performance and reliability requirements for their applications. Chemours is committed to being that partner and working across the value stream to reinvent the market.

How Advancements in PEMs Help Meet the UN Sustainable Development Goals

In 2015, all UN member states formally adopted the 17 UN Sustainable Development Goals (SDGs). As the world focuses more intently on reducing greenhouse gases (GHGs) and their threats to the world’s climate and people, two things are clear: 1. Emissions from burning fossil fuels significantly contribute to GHGs; 2. New technologies will be required in the transportation, energy, and industrial sectors to reduce GHGs substantially.

While the UN SDGs set 17 goals and targets to address a broad range of social, environmental, and economic challenges by 2030, a few are particularly relevant to water electrolysis, flow battery storage, and fuel cell development. Chemours’ work in the hydrogen economy aligns most closely with the following UN SDGs, and Nafion™ PEMs are helping to advance them through their use in electric vehicles and numerous other ways.

UN SDG Target 3.9: By 2030, substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water, and soil pollution and contamination.

FCEVs are a clean technology using a clean fuel. Unlike vehicles powered by internal combustion engines (ICEs), FCEVs emit water, not fine solid particulates and pollutants such as nitrous oxide, benzene, and formaldehyde—all of which have caused the transportation sector to shoulder the blame for a decline in air quality and negative impact on people’s well-being. According to the World Health Organization, ambient air pollution accounts for an estimated 4.2 million deaths per year, and approximately 91% of the world’s population lives in places where air quality levels exceed WHO limits. By reducing ambient air pollution, FCEVs can help reduce mortality rates.

UN SDG Target 7.1: By 2030, ensure universal access to affordable, reliable, and modern energy services.

By emitting water but not fine particulate, nitrous oxide, and organic compounds, FCEVs are qualified as a reliable and modern energy service—a clean technology that uses a clean fuel. Moreover, Chemours research, conducted with its partners across the value chain, aims to enable scale-up and cost reduction for fuel cells and electrolyzers, making the technologies available to a broader segment of the population.

UN SDG Target 7.2: By 2030, substantially increase the share of renewable energy in the global energy mix. 

The combination of water electrolysis and fuel cell membrane technology allows for a fully functional hydrogen economy. The efficient generation and consumption of hydrogen allows for better management of the peaks and valleys of energy demand and supply. Undoubtedly, FCEV technologies will help decarbonize the transportation sector, whose fuel combustion accounts for 24% of direct global CO2 emissions. Therefore, FCEVs can substantially increase the share of renewable energy in the global energy mix.

UN SDG Target 7.3: By 2030, double the global rate of improvement in energy efficiency.

Today, you cannot discuss a person’s, place’s, or product’s sustainability and environmental impact without addressing its energy efficiency. In this category, EVs once again outperform conventional ICE vehicles. The Alternative Fuels Data Center (AFDC) under the Office of Energy Efficiency and Renewable Energy of the U.S. Department of Energy states, “Electric drivetrains are mechanically more efficient than internal combustion engines.” It goes on to provide several details:

FCEVs convert about 59%–62% of the electric energy from the grid to power at the wheelsConventional gasoline vehicles only convert about 17%–21% of the energy stored in gasoline to power at the wheels

UN SDG Target 8.4: Through 2030, progressively improve global resource efficiency in consumption and production, and endeavor to decouple growth from environmental degradation, in accordance with the 10-year framework of programs on sustainable consumption and production, with developed countries taking the lead. 

ICE vehicles inextricably bind environmental degradation to growth. FCEVs, together with renewable energy generation, can help break new ground and decouple economic growth from environmental degradation.

UN SDG Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries acting in accordance with their respective capabilities. 

The UN measures progress toward this target in terms of CO2 emissions per unit of value added. Since FCEVs using renewably generated hydrogen create significant economic value with minimal CO2 emissions, adopting this technology will advance this goal by increasing resource-use efficiency through a clean and environmentally sound technology. The growth of the hydrogen economy will drive a revolution in the automotive and transportation industry, which will, in turn, drive significant job creation to support infrastructure development and industry growth.

UN SDG Target 11.6: By 2030, reduce the adverse per-capita environmental impact of cities, which includes paying special attention to air quality and municipal and other waste management.

Displacement of ICE vehicles by FCEVs would also contribute to decreased levels of fine particulate matter in cities. In addition, decarbonization of the energy and transportation sectors will mitigate many of the pollution sources common in densely populated cities. Also, introducing fuel cell power systems to commuter buses and trains can provide a mechanism for government support to accelerate the adoption and impact of hydrogen technologies in cities.

How Chemours Nafion™ Membranes Help the Planet 

Chemours recognizes that its chemistry makes an essential contribution to improving people’s lives everywhere. Moreover, Chemours is committed to making products in the most responsible way possible. Faithfully discharging that commitment has prompted Chemours to develop its EVOLVE 2030 methodology to support its Sustainable Offerings goal of generating 50% or more of its revenue from offerings that make a specific contribution to the UN SDGs.

Chemours’ Nafion™ PEMs represent decades of careful research, development, and refinement based on real-world operation. They are poised to significantly contribute to the new hydrogen economy through improved water electrolysis, energy storage, and sustainable vehicle transport while making distinct contributions to meeting the UN SDGs.

At Chemours, we deliver on our commitment to clean energy by innovating and producing membranes that enable safer, more economical, and more scalable energy storage and generation technologies. In turn, we help our customers stay ahead in their pursuit of clean energy solutions.

Growing participation in the program promises to greatly expand access to renewable energy in semiconductor spaceAnnouncement coincides with COP28 climate conference

DUBAI, United Arab Emirates, December 5, 2023 /3BL/ – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that Google, ASM and HP have joined the Catalyze program, which aims to accelerate access to renewable energy across the global semiconductor value chain and IT supply landscape, as new global sponsors.

The first-of-its-kind program was first announced in July, with sponsors Intel and Applied Materials. The announcement that three more leading technology companies have now joined as founding sponsors coincides with the COP28 United Nations Climate Change Conference taking place in Dubai.

Catalyze encourages suppliers from throughout the semiconductor industry ecosystem to collaborate to transition their value chain to renewable sources of energy. Participants are encouraged to make commitments to decarbonization and take collective action through the procurement of renewable energy, leveraging the purchasing power of buyer cohorts.

The energy transition within the value chain is imperative. According to a recent study by the SEMI Semiconductor Climate Consortium, the semiconductor industry’s carbon footprint was equivalent to 500Mt of CO2 in 2021—with 16% coming from the supply chain. By transitioning suppliers onto lower-carbon sources of energy and supporting them in other decarbonization actions like electrification, the industry can make a significant impact in its overall Scope 3 emissions.

“We are delighted to welcome Google, ASM, and HP to the Catalyze program. Their decision to join supports the ambition to accelerate the decarbonization of supply chains,” said Jean-Pascal Tricoire, Chairman, from Schneider Electric. “Scope 3 emissions have proven a challenge to track and manage, but the Catalyze enables companies and their suppliers to engage and collaborate in their energy transition and decarbonization.”

“Transitioning to carbon-free semiconductor manufacturing is critical to reducing global emissions, and no company can do it alone,” said Michael Terrell, Senior Director of Energy and Climate, Google. “We are excited to become a founding sponsor of the Catalyze program and look forward to working with our fellow sponsors and suppliers to expand the use of clean energy across this critical area of Google’s supply chain”

“The planet needs urgent and decisive action to reduce the impacts of climate change. That’s why HP has committed to cut our end-to-end value chain emissions in half this decade, while still delivering innovative technology to our customers,” said Ernest Nicolas, Chief Supply Chain Officer, HP. “We’re proud to sponsor the Catalyze program to help drive industry progress toward decarbonization of the semiconductor and IT supply chain.”

“Collaboration is critical in reducing global emissions, no one company nor one industry alone can do it all. That is why Catalyze is so important, it enables companies to come together to make one plus one equal three,” said John Golightly, VP of Sustainability, ASM. “If we tried to do this alone with our suppliers it could never equal the impact and scale of the Catalyze program, and for that we are excited to be a founding sponsor.”

The Catalyze program strives to:

Combine energy purchasing power across the semiconductor value chain to accelerate the deployment of renewable energy projectsProvide suppliers – who may not have the capacity on their own – with the opportunity to participate in the market for utility-scale power purchase agreements (PPAs).Enable any company that supplies to a Catalyze sponsor to join– across the IT supply landscapeIncrease awareness of the availability of renewable energy in specific global regions where the semiconductor value chain is operationalLeverage numerous educational and digital technology platform engagements to drive measurable actions in supply chain decarbonization

Learn more about the Catalyze program here.

Related resources:

Schneider Electric PerspectivesSee Schneider Electric’s dedicated site on COP28 for more insights and commentaryPress release: Ahead of COP28, Schneider Electric calls for greater action on decarbonization and inclusionThought leadership: CEO Peter Herweck on why Companies must be climate fighters

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.

DUBAI, United Arab Emirates, December 5, 2023 /3BL/ – My Green Lab, the world’s leading nonprofit organization dedicated to improving the sustainability of scientific research, today announces the launch of Converge, a collaborative supply chain initiative. Converge will harness the collective efforts of pharmaceutical and biotechnology companies to encourage suppliers to reduce the environmental impact of labs in their value chain through My Green Lab Certification. With a shared goal of supporting lab sustainability, founding sponsors of the initiative include AstraZeneca, GSK, Bristol Myers Squibb, and Amgen.

Outsourced contract services are increasingly critical elements of the pharmaceutical and biotechnology value chain. Reducing Scope 3 Emissions for companies in the sector therefore requires engaging suppliers like Contract Research Organizations (CROs), Contract Manufacturing Organizations (CMOs), and Contract Development and Manufacturing Organizations (CDMOs). Converge will leverage the collective buying power of major pharmaceutical and biotechnology companies to encourage suppliers with large research footprints to reduce the impact of their labs through My Green Lab Certification, a key indicator of progress for the United Nations Climate Change’s High-Level Climate Champions 2030 Breakthroughs Race to Zero campaign.

Pharmaceutical and biotechnology companies with ten or more labs already enrolled in My Green Lab Certification are encouraged to sign up and join a collective initiation aiming to certify all labs across the value chain in alignment with the Race to Zero’s breakthrough outcome that 95% of all labs are My Green Lab certified at the highest level by 2030.

Through Converge, suppliers will be provided with additional resources and peer to peer learning that will support increased scientist awareness and engagement in sustainability measures, alongside cost reductions through lowered energy, water, and waste supported by additional resources and peer to peer learning. The program’s partners gain secure access to a Supplier Dashboard for tracking green lab certification progress, and an Impact Estimator tool for measuring environmental reductions. The initiative also offers its participants educational webinars and a Supplier Network Group for peer-learning facilitated by My Green Lab.

“Suppliers play a vital role in the industry and based on our 2022 Carbon Impact Report, the majority of the impact comes from the value chain. When suppliers partner with My Green Lab through Converge and earn My Green Lab Certifications, they are not only actively supporting lab sustainability, but also solidifying their position as a trusted and preferred organization in the industry,” says James Connelly, My Green Lab’s CEO.

About My Green Lab Certification

My Green Lab Certification provides actionable ways for scientists and laboratory teams to make meaningful changes within their daily operations. It is considered the gold standard for laboratory sustainability best practices around the world and has helped over 2,000 labs in 45 countries and over 26,000 scientists preserve resources, save money, and ensure a safe and healthy environment in support of science.

About Converge

Converge envisions a comprehensive dedication to lab sustainability throughout the pharmaceutical industry. Converge aims to ensure every supplier lab has a thriving culture of sustainability and every scientist knows how their actions can make a difference. Converge will help the pharmaceutical sector lead the world on supply chain engagement and inspire other sectors to follow in its footsteps.

About My Green Lab

My Green Lab® is a nonprofit environmental organization with a mission to build a global culture of sustainability in science. The organization is the world leader in developing internationally recognized sustainability standards for laboratories and laboratory products—bringing sustainability to the community responsible for the world’s life-changing medical and technical innovations. Laboratories are some of the most resource-intensive spaces in any industry, but they don’t have to be. By introducing a new perspective and proven best practices within a carefully crafted framework, My Green Lab has inspired tens of thousands of scientists and lab professionals to make positive changes in their labs by reducing the environmental impact of their work.

NEW ORLEANS, December 4, 2023 /3BL/ – This summer was the hottest ever recorded, and in response to the extreme heat, Entergy launched its “Beat the Heat” program – aimed at implementing a series of measures to help vulnerable customers stay cool and safe this summer. Through a $5.6 million donation provided by Entergy shareholders, the company partnered with local organizations across Arkansas, Louisiana, Mississippi and Texas to support its low-income and senior customers through a number of programs, resources and bill payment assistance.

“As record-breaking heat hit families and businesses across our service area this summer, Entergy provided relief to nearly 40,000 vulnerable customers through our summer heat initiatives,” said Patty Riddlebarger, Entergy’s vice president of corporate social responsibility. “With higher summer temperatures driving up energy usage, it’s more important than ever to work with our community partners and collaboratively help households in need.”

The initiatives and resources provided by Entergy year to date totals more than $5.6 million to help customers stay cool this summer, including:

More than $3.2 million was donated by Entergy shareholders, employees and customers to The Power to Care program, which provided bill assistance to nearly 16,000 older adults and customers with disabilities.More than $1.2 million provided to 6,200 eligible Entergy Louisiana and Entergy New Orleans customers as $200 bill credits after a historic summer heat wave.Donated $1 million to provide energy efficiency kits for customers.More than $120,000 in grants were awarded to help provide resources for vulnerable customers, including fans and weatherization events.More than 16,000 energy efficiency kits were distributed in parts of Entergy’s service area that included money-saving LED bulbs, advanced power strips, bathroom faucet aerators and V-seal weatherstripping.More than 3,000 electric fans were distributed to help customers beat high temperatures and save on electricity bills throughout the summer.Neighborhood sweeps were conducted in select, underserved areas and more than 60 low-income homes were weatherproofed.

Learn more about Entergy’s year-long commitment to help its customers stay cool in the summer and warm in the winter here.

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy.

NEW ORLEANS, December 4, 2023 /3BL/ – This summer was the hottest ever recorded, and in response to the extreme heat, Entergy launched its “Beat the Heat” program – aimed at implementing a series of measures to help vulnerable customers stay cool and safe this summer. Through a $5.6 million donation provided by Entergy shareholders, the company partnered with local organizations across Arkansas, Louisiana, Mississippi and Texas to support its low-income and senior customers through a number of programs, resources and bill payment assistance.

“As record-breaking heat hit families and businesses across our service area this summer, Entergy provided relief to nearly 40,000 vulnerable customers through our summer heat initiatives,” said Patty Riddlebarger, Entergy’s vice president of corporate social responsibility. “With higher summer temperatures driving up energy usage, it’s more important than ever to work with our community partners and collaboratively help households in need.”

The initiatives and resources provided by Entergy year to date totals more than $5.6 million to help customers stay cool this summer, including:

More than $3.2 million was donated by Entergy shareholders, employees and customers to The Power to Care program, which provided bill assistance to nearly 16,000 older adults and customers with disabilities.More than $1.2 million provided to 6,200 eligible Entergy Louisiana and Entergy New Orleans customers as $200 bill credits after a historic summer heat wave.Donated $1 million to provide energy efficiency kits for customers.More than $120,000 in grants were awarded to help provide resources for vulnerable customers, including fans and weatherization events.More than 16,000 energy efficiency kits were distributed in parts of Entergy’s service area that included money-saving LED bulbs, advanced power strips, bathroom faucet aerators and V-seal weatherstripping.More than 3,000 electric fans were distributed to help customers beat high temperatures and save on electricity bills throughout the summer.Neighborhood sweeps were conducted in select, underserved areas and more than 60 low-income homes were weatherproofed.

Learn more about Entergy’s year-long commitment to help its customers stay cool in the summer and warm in the winter here.

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy.

December 4, 2023 /3BL/ – The announcement from representatives of the oil industry at COP28 about their joint intention to decarbonize their oil and gas operations by 2030, including an agreement to end routine venting and flaring of methane, is a “necessary and important step, but more climate action from the sector is needed,” Ceres said in a statement.

“Given the scale of emissions reductions needed to meet the goals of the Paris Agreement, investors want to see companies dramatically increase their ambition, including increased investments in climate solutions, and move away from continued investments in the expansion of unabated oil and gas operations,” said Andrew Logan, Senior Director, Oil and Gas, at Ceres. “It is imperative that these entities demonstrate a genuine commitment to transformative change and take more substantial action in reducing emissions.”

At the same time, the fact that we are finally seeing movement to decarbonize by a large group of National Oil Companies (NOCs) is an important sign of progress. These NOCs represent the majority of global oil production and have historically lagged behind many of their publicly traded peers. If these companies follow through on their commitments, and take immediate meaningful actions, to virtually eliminate methane emissions by 2030, that will represent a substantial downpayment on a transition strategy for an industry that has consistently avoided taking meaningful actions to address emissions.

“It is important to underscore that this commitment, which aligns with the International Energy Agency’s (IEA) calls for the global oil industry to decarbonize production in the coming decade, also underscores the need to reduce overall demand for oil and gas over that time horizon. The announcement therefore only addresses a portion of the issue, overlooking the significant emissions stemming from the use of the industry’s end products—an aspect that constitutes most of the sector’s environmental impact.”

Specifically, Logan continues, “it is critical to address the sector’s continued investment in new production of both oil and natural gas. The IEA has said that advanced economies can eliminate unabated natural gas for power generation by 2035 like the Agency’s call for a phaseout of new coal plant production by 2030 in advanced economies and a global cessation by 2040. Unabated oil must follow suit, undergoing a phased reduction globally by 2040, consistent with the IEA’s timetable. Relying on abatement technologies alone is not a viable strategy.”

The escalating frequency and severity of weather and climate disasters underscore the urgency of such actions. COP28 comes in the wake of the release of the fifth National Climate Assessment, which found that the U.S. alone has experienced a staggering increase in billion-dollar disasters, costing at least $150 billion annually. With global emissions and temperatures rising, these figures will only continue to increase, negatively impacting economic growth and compounding societal and environmental costs. In addition, the stark reality outlined in the United Nations first global stocktake report is that the world is not on track to meet the goals of the Paris Agreement. The United Nations also released a report highlighting the inadequacy of current corporate climate pledges, further emphasizes the gravity of the situation.

Logan added, “These corporate pledges, falling short by a substantial margin, underscore the necessity for drastic and immediate measures, including trillions of dollars in increased investments and the unequivocal phase-out of unabated fossil fuels.”

The oil sector announcement also comes as the Biden Administration unveiled new standards to reduce methane emissions from oil and gas operations. The standards are expected to prevent the equivalent of 1.5 billion metric tons of carbon dioxide. In addition, the Global Methane Hub announced more than $200 million to address and mitigate enteric emissions from the agriculture sector.

About Ceres 

Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit www.ceres.org and follow @CeresNews.

Media Contact: Reginald Zimmerman, zimmerman@ceres.org, 617-247-0700 ext. 136

December 4, 2023 /3BL/ – The announcement from representatives of the oil industry at COP28 about their joint intention to decarbonize their oil and gas operations by 2030, including an agreement to end routine venting and flaring of methane, is a “necessary and important step, but more climate action from the sector is needed,” Ceres said in a statement.

“Given the scale of emissions reductions needed to meet the goals of the Paris Agreement, investors want to see companies dramatically increase their ambition, including increased investments in climate solutions, and move away from continued investments in the expansion of unabated oil and gas operations,” said Andrew Logan, Senior Director, Oil and Gas, at Ceres. “It is imperative that these entities demonstrate a genuine commitment to transformative change and take more substantial action in reducing emissions.”

At the same time, the fact that we are finally seeing movement to decarbonize by a large group of National Oil Companies (NOCs) is an important sign of progress. These NOCs represent the majority of global oil production and have historically lagged behind many of their publicly traded peers. If these companies follow through on their commitments, and take immediate meaningful actions, to virtually eliminate methane emissions by 2030, that will represent a substantial downpayment on a transition strategy for an industry that has consistently avoided taking meaningful actions to address emissions.

“It is important to underscore that this commitment, which aligns with the International Energy Agency’s (IEA) calls for the global oil industry to decarbonize production in the coming decade, also underscores the need to reduce overall demand for oil and gas over that time horizon. The announcement therefore only addresses a portion of the issue, overlooking the significant emissions stemming from the use of the industry’s end products—an aspect that constitutes most of the sector’s environmental impact.”

Specifically, Logan continues, “it is critical to address the sector’s continued investment in new production of both oil and natural gas. The IEA has said that advanced economies can eliminate unabated natural gas for power generation by 2035 like the Agency’s call for a phaseout of new coal plant production by 2030 in advanced economies and a global cessation by 2040. Unabated oil must follow suit, undergoing a phased reduction globally by 2040, consistent with the IEA’s timetable. Relying on abatement technologies alone is not a viable strategy.”

The escalating frequency and severity of weather and climate disasters underscore the urgency of such actions. COP28 comes in the wake of the release of the fifth National Climate Assessment, which found that the U.S. alone has experienced a staggering increase in billion-dollar disasters, costing at least $150 billion annually. With global emissions and temperatures rising, these figures will only continue to increase, negatively impacting economic growth and compounding societal and environmental costs. In addition, the stark reality outlined in the United Nations first global stocktake report is that the world is not on track to meet the goals of the Paris Agreement. The United Nations also released a report highlighting the inadequacy of current corporate climate pledges, further emphasizes the gravity of the situation.

Logan added, “These corporate pledges, falling short by a substantial margin, underscore the necessity for drastic and immediate measures, including trillions of dollars in increased investments and the unequivocal phase-out of unabated fossil fuels.”

The oil sector announcement also comes as the Biden Administration unveiled new standards to reduce methane emissions from oil and gas operations. The standards are expected to prevent the equivalent of 1.5 billion metric tons of carbon dioxide. In addition, the Global Methane Hub announced more than $200 million to address and mitigate enteric emissions from the agriculture sector.

About Ceres 

Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we drive action and inspire equitable market-based and policy solutions throughout the economy to build a just and sustainable future. For more information, visit www.ceres.org and follow @CeresNews.

Media Contact: Reginald Zimmerman, zimmerman@ceres.org, 617-247-0700 ext. 136

Wine is a fascinating beverage with a long and storied history. Its origins can be traced back 9,000 years to China, when the residue of a fermented fruit drink was found on pottery shards in the Henan province.

Winemaking emerged in Europe several thousand years later, and it is now home to many of the world’s most famous wine-producing regions. When paired with food or served for special occasions, wine consumed in moderation can awaken the senses and contribute to cherished memories. Spanish wine producer Gonzalez Byass shares this ethos, defining its purpose as to “bring moments of joy, helping people to savor and share their most precious moments.”

Headquartered in Jerez de la Frontera, Gonzalez Byass was founded in 1835 as a family-owned collection of wineries across Spain’s principal wine producing regions, overseeing the wine-making process from vineyard to wineglass. Grapes are harvested from its 2,000 hectares of vines under cultivation in nine wine-growing regions in Spain, Chile, and Mexico, and then pressed in traditional stone tanks, fermented, and the liquid aged in steel or oak barrels. After a few months or years, the wine is bottled and ready for consumption.

What does not usually come to mind when contemplating the art of winemaking is the amount of plastic and other non-sustainable materials that may be involved, from the material encasing the corks, to the packaging used to safely transport the bottles. Gonzalez Byass saw an opportunity to address its use of plastic and promote regenerative agriculture in its industry through the implementation of a comprehensive sustainable business strategy and circular economy program in line with the United Nations Sustainable Development Goals (UN SDGs).

Confronting the Plastic Problem

Plastics are among the most consumed materials in agricultural industry, as they are used in large production structures, production inputs, agrochemical packaging, and food product containers, and thus generate vast amounts of waste. In response, consumers are turning away from single-use materials while governments are adopting an extended producer responsibility approach in the form of plastic taxes. These taxes are a hugely important policy tool to combat the rapidly growing amount of plastic waste and discourage the production and use of plastic packaging.

The European Union (EU) instituted a plastic packaging levy in 2021, with some EU member states, like Spain and Italy, enacting their own new taxes. Spain’s tax which took effect this year imposes a tax on non-reusable plastic packaging and on waste incineration and disposal in landfills, with the goal of making all packaging in Spain recyclable by 2030.

This reality has spurred consumer goods producers like Gonzalez Byass to drastically minimize use of plastic. Its efforts have seen the replacement of plastic packaging tapes with paper ones, replacement of plastic in bottle caps with wood and cork, and adoption of more sustainable plastic alternatives like bioplastic made from sugarcane. These steps have been instrumental in helping to recover and recycle 99% of the waste generated. The company also buys cardboard boxes and wood sourced from certified forests in line with its commitment to preserve and regenerate natural resources.

The Key Role of Suppliers and Data

Plastic taxes are designed to discourage waste, prompting producers and distributors across the supply chain to reconsider their packaging choices. In its efforts to reduce use of plastic and purchase only recyclable packaging materials, Gonzalez Byass also needed to commit to sustainable purchasing throughout the entire value chain. Regular assessments with its suppliers have helped to gauge the progress on both sides. However, this kind of assessment requires not only trust and the fostering of great relationships — a skill at which it excels — but also, crucially, data.

While the wine producer is committed to both sustainable production and procurement, compliance with new regulations in multiple different regulatory environments is a daunting task. The recently enacted extended producer responsibility measures in Spain and in other countries where it does business mean multiple different data streams, declarations, and timelines in different regions. Managing these myriad competing factors is one of the most complex challenges facing the consumer goods industry today. Being able to collect real-time data and centralize it all in one place is a key requirement for Gonzalez Byass to be able to realize its sustainable ambitions, embed circularity principles into its core business processes and comply with regulations.

SAP’s cloud solution for the circular economy, SAP Responsible Design and Production is designed to address all the requirements of the new plastic taxes.

Calculate extended producer responsibility obligations, plastic taxes, and corporate commitments to optimize material choices Learn more

Implemented by Minsait, which offers end-to-end digital transformation solutions, SAP Responsible Design and Production will enable Gonzalez Byass to accurately calculate fees and taxes in line with all the latest regulations in key markets, optimize its material choices in line with corporate commitments, and significantly reduce risks from unforeseen future regulations.

SAP Responsible Design and Production provides intelligence that will enable Gonzalez Byass to monitor, measure, and act on its plastic data, so that it can make the most informed choices and carry out the critical work of eliminating waste and regenerating the natural systems that the company cares so passionately about.

Regenerating Nature to Address Biodiversity Loss

The transformation of the agriculture sector in Spain over the past 50 years has significantly boosted productivity and wealth but has also resulted in a substantial increase in the use of natural resources like water, at the cost of soil erosion and a negative impact on genetic diversity. Sustainable business practices require a fundamental shift in the way that we interact with nature, with a recognition that success depends not just on financial profit but also upon careful stewardship of the natural environment.

Gonzalez Byass’ vines include indigenous varieties on the verge of extinction that have been coaxed back into production to preserve regional biodiversity. This work is in tandem with its efforts to protect local wildlife, such as placing nesting boxes in a number of its vineyards, creating adequate ecosystems to promote pollination by bees, and promoting reforestation efforts in all the regions where the company operates. And as water is essential for growing grapes and nurturing life, Gonzalez Byass employs sustainable irrigation techniques that use much less water in order to preserve this precious resource.

Gonzalez Byass’ ambition is to leave the lightest possible footprint on the environment. Its commitment includes promoting sustainable agriculture and implementing circular business practices like precision-tracking plastics from the vineyard to your wineglass.

Next time you buy a bottle of wine, make sure that the company you purchase from has a sustainable vision for the future, and that it is compliant with key regulations that help protect planet and people. That is a goal worth raising a glass of wine.

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Southern Company

ATLANTA, December 4, 2023 /3BL/ – Children in Georgia will have a more equitable start thanks to a $125,000 gift to Sheltering Arms from the Georgia Natural Gas Foundation to help provide high-quality, equitable early childhood education and family support services. This is in line with the GNG Foundation’s mission to support children and education, enhancing access and equity for youth in the communities it serves.

“The Georgia Natural Gas Foundation recognizes the incredible impact that Sheltering Arms has had on our community – particularly on the students and families from our partner school, Centennial Academy, and the surrounding neighborhood,” said Maurice Baker, manager of community relations at GNG. “Georgia children and families are truly fortunate to have such a dedicated organization like Sheltering Arms working tirelessly to provide essential after-school support and wrap-around services to those who need it most. Their commitment to empowering individuals and families is truly inspiring.”

“We are grateful for this incredible gift,” said Blythe Keeler Robinson, president and CEO of Sheltering Arms Early Education and Family Centers. “For over 135 years, Sheltering Arms has brought families together to offer learning opportunities. This gift will help us continue our mission for the families in Atlanta.”

The mission of Sheltering Arms is to close opportunity gaps stemming from systemic racism by transforming the lives of children and their families. Sheltering Arms provides high–quality early education, childcare and comprehensive family support services to up to 3,500 children and their families annually at 13 metropolitan Atlanta locations in Cobb, DeKalb, Douglas, Fulton and Gwinnett counties. On average, children attending Sheltering Arms score in the 90th percentile for language and literacy, exceeding developmental milestones for kindergarten readiness.

About the Georgia Natural Gas Foundation

The Georgia Natural Gas Foundation is a subsidiary of the Southern Company Gas Charitable Foundation, a 501(c)(3) nonprofit, committed to supporting those who are transforming and improving the lives of communities throughout Georgia.

About Southern Company Gas

Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America’s premier energy company. Southern Company Gas serves approximately 4.4 million natural gas utility customers through its regulated distribution companies in four states and more than 600,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines, asset management for natural gas wholesale customers and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.

About Sheltering Arms

Sheltering Arms is the longest–established and one of the largest nonprofit early childhood education organizations in Georgia, providing high–quality early education, child care, and comprehensive family support services since 1888. The agency serves up to 3,000 annually and their families at 13 metropolitan Atlanta locations in Cobb, DeKalb, Douglas, Fulton, and Gwinnett counties and consistently meets accreditation standards by the National Association for the Education of Young Children. On average, children attending Sheltering Arms score in the 90th percentile for language and literacy, exceeding developmental milestones for kindergarten readiness. Visit shelteringarmsforkids.com for more information.

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