Romania has committed to reducing net carbon emissions from agriculture by 51% compared to 1990 by 2050, according to the long-term strategy for reducing greenhouse gas emissions of Romania, carried out by the Government. Also, 5% of the energy requirement in agriculture will be provided by the manure transformed into biogas.
Konica Minolta aims for 100% renewable electricity consumption by 2050. With two new major climate targets in its portfolio, the company aims to further reduce its impact on the environment. The company has set as its goal the reduction of greenhouse effect emissions by saving energy.
Globalworth analyzed its performance over 3 years and set its environmental target of reducing its GHG emissions intensity by 40% by 2030 compared to its baseline 2019 levels. About 90% of the group's commercial properties are green-certified and about 98% of the energy used in the portfolio came from renewable sources at the end of 2022.
The European Commission announces a new Regulation for the deployment of alternative fuels infrastructure (AFIR) sets mandatory deployment targets for electric recharging and hydrogen refueling infrastructure for the road sector, for shore-side electricity supply in maritime and inland waterway ports, and for electricity supply to stationary aircraft. This is a landmark agreement that will enable the transition to zero-emission transport and contribute to our target of reducing net greenhouse gas emissions by at least 55% by 2030.
Tarom allocates resources to achieve an ambitious goal of zero greenhouse gas emissions by 2050. The company mentions that it understands that climate change is real and requires immediate action.
Aquila has set itself the target of reducing greenhouse gas emissions by 10% by 2026. The company also applies systems to improve the electricity consumption of warehouses.
EU economy greenhouse gas emissions totalled 854 million tonnes CO2-eq in the third quarter of 2022. Among the EU countries with increased emissions in the third quarter of 2022 were Ireland (+17%), Estonia and Malta (both +8%).
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
