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This year, we expect marine shipping companies to reevaluate and reconfigure shipping routes around the world’s oceans. The decrease in maritime travel due to the pandemic in 2020 led some experts to suggest shortening supply chains to lessen the impact of future...
When the CO2 we emit costs money, we generally produce less of it. Economists worldwide point to carbon pricing as the most effective way to reduce emissions. Why? Because carbon pricing reduces greenhouse gas (GHG) emissions to the lowest cost possible, where that...
This month marks a total of 1245 companies signed up to CO2 reduction targets through criteria produced by the Science-Based Targets initiative (SBTi.) 427 corporations have committed to 1.5°C scenarios. On the other hand, reaching net-zero is a lofty goal for many...
New research published earlier this year shows how tackling supply chain emissions can be a game-changer in the worldwide battle against climate change. Net-Zero Challenge: The Supply Chain Opportunity from the World Economic Forum and the Boston Consulting Group...
Upon surveying the landscape of organizational climate commitments, it is not uncommon to hear about attention-grabbing goals like committing to 100% renewable energy, setting a science-based target, going carbon neutral or even climate positive. You might be...
In 2016, the US offshore oil and natural gas industries—which are heavily concentrated in the Gulf of Mexico— contributed 315,000 jobs and $30 billion to the US economy. These industries are lucrative, but they see their fair share of challenges. Even during the best...
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