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Rio Tinto, Queensland and Commonwealth secure long-term future for Boyne aluminium smelter at Gladstone
Businesswire· 2026-03-24 20:51
Rio Tinto, Queensland and Commonwealth secure long-term future for Boyne aluminium smelter at Gladstone Share MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto, the Queensland Government and the Commonwealth Government have struck a landmark partnership to secure a long-term future for the Boyne aluminium smelter at Gladstone and ensure it remains internationally cost-competitive beyond its current power contract. The agreement supports a long-term future for aluminium smelting in Queensland, building on pow ...
HyOrc Signs Binding Agreement for European Waste-to-Methanol Project
Globenewswire· 2026-03-24 13:46
HOUSTON, March 24, 2026 (GLOBE NEWSWIRE) -- HyOrc Corporation (OTCQB: HYOR), a developer of advanced waste-to-fuels and external combustion technologies, today announced that it has entered into a binding project development and technology agreement with Bulgaria-based OnEnergy Group for the development of a waste-to-methanol facility. Under the agreement, HyOrc has been appointed as the technology partner for Stage 3 of the project, focused on the thermochemical conversion of Refuse-Derived Fuel (RDF) into ...
Sims (OTCPK:SMSM.Y) 2026 Earnings Call Presentation
2026-03-24 13:00
Change photo For personal use only Creating Value by Providing a Pathway to Decarbonisation 24 March 2026 NAM Disclaimer For personal use only The material contained in this document is a presentation of information about the Group's activities current at the date of the presentation, 24 March 2026, CT. It is provided in summary form and does not purport to be complete. It should be read in conjunction with the Group's periodic reporting and other announcements lodged with the Australian Securities Exchange ...
H&M Foundation toolkit to turn textile industry insight into action
Yahoo Finance· 2026-03-24 11:22
The toolkit, available on the foundation’s website, is directed at brands, suppliers, policymakers, and investors across the textile supply chain. It provides structured workshops and digital resources designed to help organisations pinpoint leverage points to halve greenhouse gas emissions and deliver what the foundation calls a “just transition”. H&M Foundation CEO Anna Gedda said: “Change won’t come from islands of perfection - in a system as interconnected as fashion, every part influences the other ...
H&M and EY white paper outlines business case for decarbonisation
Yahoo Finance· 2026-03-16 12:01
Core Viewpoint - The fashion industry must collaborate to mitigate climate-related disruptions and fulfill existing commitments, with existing solutions available to address these challenges [1] Group 1: Purpose of the White Paper - The white paper serves as a resource for finance leaders, providing practical guidance and a framework to convert climate ambitions into actionable investment pathways [2] - The CFO of H&M Group emphasizes the high cost of inaction on climate change for both the planet and the industry [2] Group 2: CFOs' Role in Decarbonisation - CFOs have a fiduciary responsibility to ensure long-term business resilience rather than focusing solely on short-term profitability [3] - The white paper aims to inspire industry collaboration in decarbonisation efforts that enhance business resilience [3] Group 3: Barriers and Pathways to Decarbonisation - The paper identifies three interlinked barriers to decarbonisation, including unclear corporate value of financing scope 3 decarbonisation efforts, complex and fragmented supply chains, and a lack of relevant financing tools [4][7] - It proposes three potential pathways for overcoming these barriers, highlighting the pivotal role of CFOs in integrating climate risk and promoting cross-industry financing models [4] Group 4: Industry Collaboration and Action - The fashion industry has a unique opportunity for collaboration to address decarbonisation challenges, with increasing momentum for new financing models to accelerate the green transition [5] - Industry leaders recognize that supply-chain decarbonisation enhances resilience and builds long-term confidence, indicating that now is the time to act [6]
Stolt-Nielsen and NYK Line form strategic joint venture in Avenir LNG
Globenewswire· 2026-03-16 08:00AI Processing
LONDON, March 16, 2026 – Stolt-Nielsen Limited (Oslo Børs: SNI), through its subsidiary Stolt-Nielsen Gas Ltd., has today announced that it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited (Avenir LNG) to Nippon Yusen Kabushiki Kaisha (NYK Line). Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker vessels. With this partnership, Stolt-Nielsen and NYK Line will expand their ...
Woodside Energy Group (NYSE:WDS) Earnings Call Presentation
2026-03-15 23:00
For personal use only Sustainability Briefing 2026 16 March 2026 www.woodside.com Disclaimer, important notes and assumptions • The purpose of this presentation is to enable readers to obtain a high-level understanding of Woodside's sustainability strategy and performance in 2025. • It also includes extracts of broader market analysis relating to the potential demand for Woodside's products and services and other information. • This presentation does not contain all of the underlying context and detail that ...
Statkraft joins leading power companies in call to safeguard EU ETS and strengthen Europe’s competitiveness
Globenewswire· 2026-03-13 11:00
Core Viewpoint - Eight major European energy companies, including Statkraft, are urging EU leaders to protect existing market mechanisms and accelerate the clean energy transition to enhance Europe's competitiveness [1][2]. Group 1: Market Mechanisms and Competitiveness - The companies warn against dismantling effective market mechanisms that support investment, security of supply, and affordable energy across Europe [2]. - Weakening the EU Emissions Trading System (EU ETS) could increase uncertainty and hinder necessary investments in the power sector, which is crucial for achieving the EU's goal of reducing emissions by 90% by 2040 [3]. - The EU ETS provides a clear price signal that guides long-term investments in renewable energy, flexibility, and electrification, serving as the backbone of Europe's net zero strategy [3]. Group 2: Energy Transition and Policy Frameworks - Europe is at a critical juncture where it must either accelerate the energy transition and innovation or risk undermining decades of progress in energy and industrial transformation [4]. - Predictable policy frameworks are essential to unlock significant investments needed for fossil-free, domestically produced electricity at scale [4]. - Access to sufficient and affordable electricity is central to addressing the competitiveness challenges faced by parts of the European industry [4]. Group 3: Integrated Electricity Market - Europe's integrated electricity market has resulted in lower costs, higher efficiency, and greater security of supply [5]. - Marginal pricing ensures electricity is produced and consumed at the lowest possible cost while providing investment signals for new generation and flexibility [5]. - Fragmentation of the market would lead to higher costs for consumers and weaken Europe's global competitiveness [5]. Group 4: ETS Revenues and Industrial Support - The letter emphasizes that ETS revenues present a significant opportunity to support European industry during the transition and electrification without adding pressure on public finances [6]. - The companies encourage EU leaders to facilitate efficient redistribution of ETS revenues and to quickly establish the Industrial Decarbonisation Bank as part of the Clean Industrial Deal [6].
Black & Veatch to provide engineering design for power plant in Taiwan
Yahoo Finance· 2026-03-09 12:21
Core Insights - Formosa Heavy Industry Corporation (FHI) has selected Black & Veatch for engineering design services for a new 2×1.2GW H-class combined cycle power plant in Mailiao, Taiwan, which will replace two coal-fired units set to retire in 2025 [1][2] - The new facility is expected to supply electricity to approximately 1.8 million homes, contributing to regional decarbonisation and modernisation of energy infrastructure [1][3] Group 1 - The project is part of a transition from coal-fired generation to gas-fired technology, with the existing coal units being dismantled [3] - The new power plant aligns with government targets for net-zero emissions by 2050 and interim greenhouse gas reduction goals between 2030 and 2035 [4] - Black & Veatch's selection reflects its strong technical capabilities and experience in major energy developments across the Asia-Pacific region [5] Group 2 - Black & Veatch will manage conceptual, basic, and detailed engineering design, as well as provide technical support for procurement of critical equipment [2] - The project aims to improve operational flexibility and reliability while supporting industrial electricity demand [4] - Black & Veatch's engineering team is committed to delivering high-quality design and technical expertise for efficient power generation in the Mailiao area [6]
ArcelorMittal announces the publication of its Annual Report 2025 on Form 20 F and the publication of its 2025 annual report
Globenewswire· 2026-03-06 22:52
Core Viewpoint - ArcelorMittal has filed its Annual Report for 2025, highlighting significant progress in safety, capital allocation, and strategic initiatives aimed at enhancing operational efficiency and sustainability. Financial Performance - The company reported a disciplined capital allocation with investments of $1.1 billion in strategic capital expenditures and returned $0.7 billion to shareholders, comprising $0.4 billion in dividends and $0.3 billion in share buybacks [3]. - A proposed FY 2026 dividend of $0.60 per share represents an increase from $0.55 per share in 2025 and is double the 2021 level [3]. Safety and Operational Improvements - In 2025, ArcelorMittal achieved tangible progress across all safety KPIs, including a significant improvement in fatality prevention as part of a three-year transformation program [3]. Capital Allocation and Share Buyback - The company maintained a balanced capital allocation strategy, with a commitment to return a minimum of 50% of post-dividend free cash flow to shareholders through share buybacks [3]. - A significant shareholder, holding approximately 44.6% of issued shares, has entered into a share repurchase agreement to sell shares to ArcelorMittal during the buyback program [3]. Vertical Integration and Resource Management - ArcelorMittal's iron ore self-sufficiency increased to 72% in 2025, up from 58% in 2024, supported by the Liberia expansion project [3]. Energy Transition and Sustainability - The company is actively investing in renewable energy assets, targeting 2.8 GW by 2028, and expanding Electric Arc Furnace (EAF) capacity by 3.4 million tonnes by the end of 2026 [3]. - ArcelorMittal's R&D investment reached $335 million in 2025, focusing on advancing steel, mining, decarbonization technologies, and AI-enhanced digital models [3]. Company Overview - ArcelorMittal is a leading integrated steel and mining company with operations in 60 countries, being the largest steel producer in Europe and among the largest in the Americas [4]. - In 2024, the company generated revenues of $62.4 billion, producing 57.9 million metric tonnes of crude steel and 42.4 million tonnes of iron ore [4].