Dozens of U.S. companies met their climate goals this year amidst the threats of global warming, reports Bloomberg. Now, the world is gearing up for 2021 as a more optimistic year for climate action. Here are the key developments:
- Already, about 70% of the metal used in Anheuser-Busch InBev SA/NV’s beer cans in North America is recycled and there are plans to reduce emissions by introducing low-carbon aluminum
- In October, China’s Ministry of Ecology and Environment replaced 60% of the country’s buses with electric vehicles, up from 20% in 2015
- Switzerland and Peru struck a carbon-offsetting agreement in October, the first of its kind under the Paris climate accord
- Walmart plans to power its facilities with 100% green energy by 2035 and will secure half of its power from sustainable sources by 2025 aiming for zero emissions by 2040
- Starting 2025, UK companies will disclose the extent to which their operations are exposed to harm from global warming
- Japan aims to become carbon neutral by 2050 and will roll out targets to promote clean hydrogen, battery storage, carbon recycling, and wind power by the end of the year
- American food giant General Mills Inc. plans to reduce greenhouse gas emissions by 30% within the next decade and reach net-zero emissions by 2050
- 60% to 90% of satellites launched into geostationary orbit since 2000 by Junk are in compliance with international guidelines aimed at mitigating debris.
- Healthy skyscraper-size reef has been found at the seabed near the Great Barrier Reef rising more than 1,640 feet confirming that climate action is bearing fruits
Global environmental stocks outperformed global stocks this year
