Day: July 10, 2021

The European Union has drafted plans to build up forests, grasslands and other natural “carbon sinks” that absorb carbon dioxide from the atmosphere to help curb climate change, according to a draft document seen by Reuters on Tuesday.  Carbon sinks have gained in importance as countries strive to reach “net zero” emissions by 2050, the goal scientists say the world must meet to avoid the worst impacts of climate change. Net zero emissions means emitting no more greenhouse gases than can be balanced by removing gases from the atmosphere. EU forests, grasslands, croplands and wetlands altogether removed a net 263 million tonnes of CO2 equivalent (CO2e) from the atmosphere in 2018, according to the European Commission. That tally also accounts for the amount of CO2 released when trees were cut down or wildlands burned.

Long-term thinking and responsible actions have always characterized the culture of the Schaeffler Group as a family business. To us, sustainability means enabling a future worth living by fostering the growth of the Schaeffler Group with a long-term view and continuity for the benefit of all stakeholders. Led by our company values sustainable, innovative, excellent, and passionate the company provides the basis for long-term, profitable growth.  The new Roadmap 2025 defines three strategic priorities – innovation, agility, and efficiency. The subprogram “Sustainability & Engagement” anchors sustainability in the corporate strategy Roadmap 2025. The sustainability committee defined seven concrete sustainability targets.

The Ever Given, one of the world’s largest container ships, has been cleared to leave the Suez Canal after the canal authority reached a settlement with the vessel’s owner and insurers.  The Ever Given, one of the world’s largest container ships, has been cleared to leave the Suez Canal after the canal authority reached a settlement with the vessel’s owner and insurers. The ship blocked the canal for six days in March, disrupting world trade.  Grounding the Ever Given, operated by Evergreen Line, ran aground on March 23 in the southernmost stretch of the Suez Canal, which has a single lane that ships pass through in convoys.

Gucci and Italian bank Intesa Sanpaolo have unveiled the next chapter of a collaboration that, for the first time, will focus on the transition of the supply chain toward sustainable and inclusive practices.  The agreement helps companies in the Kering-owned luxury maison’s supply chain to embark on a path to improve their social and environmental sustainability through the implementation of specific actions and initiatives that align with the guidelines of the Italian government’s National Recovery and Resilience Plan.

The twin technologies of unmanned aerial vehicles and wireless sensors could be the ideal combination to counter forest fires.  Networks of ground-based sensors paired with airborne drones could give firefighters a critical edge when battling wildfires, KAUST researchers have found. The sensor/unmanned aerial vehicle (UAV) network could significantly shorten the time taken to detect a wildfire, giving firefighters a better chance to contain the fire before it grows too large to control.