Envision joins RE100 and makes most ambitious climate target of any member from mainland China
Shanghai-based energy technology manufacturer Envision has joined the global RE100 initiative committing to be powered by 100% electricity by 2025.
Business
This archive collects stories about businesses — from startups and local enterprises to multinational corporations — taking meaningful action on social, environmental, and economic challenges. These reports highlight moments when commerce and accountability intersect in constructive ways.
Victoria’s Secret hires Valentina Sampaio, its first openly transgender model
Victoria’s Secret has hired Valentina Sampaio as its first transgender model, her agent said on Tuesday, as the struggling lingerie brand seeks to modernize its image.
Inditex clothing to be made from 100% sustainable fabrics by 2025
Inditex, the company that owns high street fashion brand Zara, announced that all clothing will be made from 100% sustainable materials by 2025.
E.ON transitions all of its 3.3 million U.K. customers to 100% renewable electricity
German electric utility E.ON has transitioned all of its 3.3 million residential customers in Britain to 100% renewable electricity at no extra cost.
Nestle creates wrapper that degrades in the sea within six months
“We know it will degrade in a marine environment within six months, which, compared to the flow wrap that it’s currently in, it’s about 450 years.”
Lightyear unveils the world’s first long-range solar car
Lightyear’s solar-powered EV boasts a range of 450 miles on a single charge – far more than the 370 miles of Tesla’s market-leading Model S.
Target commits to 100% domestic renewable electricity target by 2030
Target, the eighth largest retailer in the U.S., has committed to 100% renewable energy by 2030, including all domestic stores, distribution centers, and offices.
RWE abandons all present & future coal plans
RWE, one of Germany’s “big four” utilities, has cancelled plans for the BoA plus lignite coal-fired power station and promised to cease investing in new coal generation capacity.
The United Arab Emirates opens the world’s largest single-site solar farm
The Noor Abu Dhabi Solar Power Plant located near Abu Dhabi in Sweihan has 3.2 million solar panels with a generating capacity of 1.177 GW. The total project cost was over US$850 million. At the time of its completion, it was larger than all other single-site solar projects in the world.
Verizon commits to going carbon neutral by 2035
One of the world’s largest telecommunications company, Verizon that it is commitment to go carbon neutral by 2035 through a range of tools including reducing emissions directly and procuring renewable energy for its operations.