Net Zero targets in jeopardy: Only 16% of global corporations on track, AI holds the key, says Accenture

Net Zero targets in jeopardy: Only 16% of global corporations on track, AI holds the key, says Accenture

According to Accenture’s latest “Destination Net Zero” report, just 16% of the world’s largest corporations are on a trajectory to achieve net zero emissions by 2050, while nearly 45% are still contributing to an increasing carbon footprint. These findings highlight the urgent necessity for innovative solutions, such as artificial intelligence (AI), to mitigate the worsening […]

Norway advances carbon capture with strategic CO2 storage initiative

Norway advances carbon capture with strategic CO2 storage initiative

The Norwegian government is proactively fostering socio-economically viable storage of carbon dioxide (CO2) on the Norwegian continental shelf, enabling industries with substantial emissions to opt for permanent storage rather than atmospheric release. This initiative represents a critical step in achieving substantial emission reductions across Europe and supports the objectives of the Paris Agreement. Vast Potential […]

Shell plc advances towards net-zero with comprehensive energy transition update

Shell plc advances towards net-zero with comprehensive energy transition update

Shell plc has shared its first energy transition update since the unveiling of its ambitious Powering Progress strategy in 2021. At the Capital Markets Day in June 2023, Shell highlighted its dual focus on delivering greater value with reduced emissions. This latest update zooms in on the strides made towards achieving “less emissions,” in line […]