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GM, Redwood Materials to Deploy Used EV Batteries to Meet Data Centers’ Growing Energy Demand
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General Motors and circular economy-focused battery materials provide Redwood Materials announced the launch of a new agreement, aimed at accelerating the deployment of energy storage systems based on both second-life battery packs from GM electric vehicles and new batteries produced by GM. Energy storage forms one of the key building blocks for the rapidly expanding…
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Palo Alto Networks Signs Deal for 10,000 Tons of Carbon Removal with Oxy’s 1PointFive
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1PointFive, the carbon capture, utilization and sequestration (CCUS)-focused subsidiary of energy giant Occidental (Oxy), announced a new agreement with cybersecurity firm Palo Alto Networks for the purchase of 10,000 tons of carbon dioxide removal (CDR) credits over five years. The credits will be generated using direct air capture (DAC) technology from 1PointFive’s STRATOS facility, which…
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Stellantis Drops Plans to Launch Hydrogen-Powered Vehicles
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Chrysler, Dodge, Jeep, and Citroen parent Stellantis announced that it has decided to discontinue its hydrogen fuel cell technology development program due to a lack of progress in the hydrogen market. As part of its decision, Stellantis said that it has dropped its plans to launch a new range of hydrogen-powered vehicles this year. The…
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Most U.S. Companies Growing or Maintaining ESG Investments, but Talking About it Less: Survey
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The vast majority of large U.S. companies are maintaining or even increasing investments in ESG initiatives, as most executives view sustainability as a driver of competitive advantage and growth, but many are talking less about it publicly in the face of growing political and regulatory scrutiny, according to a new survey released by business sustainability…
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Benchmark Gensuite Launches New Solution to Measure, Address Climate Risks in Operations and Supply Chains
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Environmental Health & Safety (EHS) and sustainability platform provider Benchmark Gensuite announced the launch of its new Sustainability and Climate Risk Management Solution, a new software solution aimed at enabling companies to identify, quantify, and mitigate climate-related risks across global operations and supply chains. The new solution was launched in partnership with GIST Impact, a…