Carbon neutrality

China will stop funding coal projects overseas, President Xi Jinping announced on Sept. 21, all but ending the flow of public aid for the dirty energy contributing to the climate crisis.

Ford Otosan, a joint venture of Turkey's Koç Holding and U.S. auto giant Ford, is planning to become carbon neutral by 2050, its CEO Haydar Yenigün has said.

"The brand of Ford prioritizes electrification and environment-friendly investments globally," he told reporters in an online press conference.

A Dutch court ordered oil giant Shell on May 26 to slash its greenhouse gas emissions in a landmark victory for climate activists with implications for energy firms worldwide.

Shell must reduce its carbon emissions by 45 percent by 2030 as it is contributing to the "dire" effects of climate change, the district court in The Hague ruled.

The window of opportunity for reaching net zero emissions by mid-century is narrowing unless the world radically changes the way energy is produced, used and transported, the International Energy Agency (IEA) said on May 18.

This evaluates the sustainability performance of the world's largest companies. It is also the fourth consecutive year that Arelik is the only Turkish Industrial company to be listed in the DJSI Emerging Markets Category. emphesize Burak Kiroglu, general manager of Beko Balkans.

The European Parliament and EU member states have agreed a target to cut carbon emissions by "at least" 55 percent by 2030, the EU Commission said in a statement released early Wednesday.

The agreement comes after intense negotiations between parliament, who wanted at least 60 percent reduction, and leaders of the member states, who agreed 55 percent in November.

Ljubljana – Foreign Ministry State Secretary Stanislav Raščan pledged Slovenia’s commitment to reducing greenhouse gas emissions in line with the EU’s commitment to achieve carbon neutrality by 2050, as he took part in a virtual EU-Brazil event on climate change, biodiversity and sustainable development on Wednesday.

Ljubljana – The Ministry of Environment and Spatial Planning has published a resolution on Slovenia’s long-term climate strategy until 2050. One of the goals is for the country to become climate neutral and resilient to climate change by 2050.

Defining 2020 as the year of trials, tragedies and tears, the UN Secretary General appealed for cooperation in tackling global challenges in his year-end address Monday. 

"Together, let's make peace among ourselves and with nature, tackle the climate crisis, stop the spread of COVID-19 and make 2021 a year of healing," Antonio Guterres said in a video message.

Corinth Pipeworks, a member of Cenergy Holdings, is the first steel pipe producer to be certified as a Carbon-Neutral Company for its production activities in 2019 by TÜV Nord, it said last week.

It has ensured that 100% of electrical energy needs for 2019 originated from renewable energy sources, totally eliminating indirect emissions, it noted.