Investors chase sustainable aromatics

Crowley Maritime Corp. is the latest shipper committed to reaching net-zero emissions by 2050.  The Jacksonville, Florida-based company announced it submitted its emissions-reduction targets, which include scope 1 (direct), scope 2 (indirect) and scope 3 (all other) emissions, to the Science Based Targets initiative (SBTi) Tuesday.  “On emissions, admittedly this is a bold goal, and we need to ensure our goal and targets are credible. This is why we are submitting our interim targets to reduce emissions through the SBTi, which is the world’s expert on validating companies’ methodologies on emissions targets to include monitoring progress along the way to net-zero,” Alisa Praskovich, vice president of sustainability at Crowley, told FreightWaves.  In October, SBTi released a global standard for setting credible net-zero targets backed by climate science. Crowley is expecting its net-zero target to be approved by SBTi in the next few months.

According to the UK Green Building Council, the built environment weighs heavily on the UK’s carbon emissions, contributing up to 40% of our carbon footprint. Given the imperative to reach net-zero carbon emissions in Scotland by 2045 to tackle climate change, the property sector will need to play its part. Whilst this challenge looms large, the growth of modular and offsite manufacturing can provide a solution to the housing sector’s environmental impact, helping to create a more sustainable economy.

The riverside town of Manningtree in Essex may be small, but when it comes to the environment, it’s making big waves.  The tiny place on the River Stour has been given special environmental status after its businesses agreed to stop using unnecessary single-use plastics.  Mother-of-two Bekki Bibko was the driving force behind that change. Three years ago she formed a community group with other residents who were growing increasingly concerned about the climate crisis.  “I believe we are stewards of this planet and we have a responsibility to leave something behind that is not damaged,” she says.