Today’s ESG Updates
- LEGO Invests in Carbon Removal: Lego invests DKK 19 million into four carbon removal projects to expand its sustainability portfolio.
- Trump Targets Renewables: Trump halts solar and wind energy investment in the US in favour of fossil fuels.
- Pharma Companies Go Green: Energize has signed a multi-year renewable energy deal to reduce pharmaceuticals’ carbon emissions.
- UK’s Self-Healing Roads: Pioneering asphalt solution aims to create more durable roads to lower transportation carbon footprint.
Lego Group invest in carbon removal solutions to expand sustainability portfolio
The LEGO Group has committed DKK 19 million, over €2.5 million, to support four carbon removal projects, including biochar, enhanced rock weathering, and reforestation. The project will provide carbon removal credits between 2024-2026 and aims to build the Lego Group’s sustainability portfolio. The Lego Group remains committed to reducing its supply chain carbon emissions to align with climate goals. Companies aiming to align with the same goals can use ESG solutions.
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Further reading: The LEGO Group supports carbon removal solutions to expand sustainability efforts
Trump takes aim at wind and solar energy challenging renewables in the US
Donald Trump’s administration has ramped up efforts to roll back clean energy progress, prioritising fossil fuels over wind, solar, and other renewable sources. As part of the plan to ‘drill, baby drill’, Trump has temporarily suspended all clean energy development on federal land. In a world moving towards a more sustainable energy solution, this move raises doubts among businesses in complying with sustainability regulations. The US sustainability direction is in doubt.
Photo Credit: Anna Jiménez Calaf
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Further reading: How Trump is targeting wind and solar energy – and delighting big oil
Pharma companies accelerate decarbonisation with green energy investment
Energize, a collaboration of pharmaceutical and healthcare companies, has signed a multi-buyer Power Purchase Agreement (PPA) with X-ELIO to procure 245 GWh of renewable energy annually for 10 years. Participating companies—Haleon, GSK, Gilead Sciences, and Thermo Fisher Scientific—aim to support decarbonisation goals and reduce CO2 emissions by 41,748 metric tons yearly. The energy will come from X-ELIO’s Lorca Solar Project, expected to begin operation by 2026. The initiative highlights the importance of industry partnerships in achieving net-zero emissions.
Photo Credit: Christina Victoria Craft
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Further Reading: Energize Supports Four Global Healthcare Companies Collaborating on a Multi-buyer PPA for a Long-term Supply of Renewable Electricity
UK to pioneer ‘self-healing’ roads with an aim to reduce carbon footprint
New research suggests that self-healing asphalt, made from biomass waste and powered by artificial intelligence, could solve the UK’s pothole crisis. Developed by Swansea University, King’s College London, and Chilean scientists, this innovative asphalt can mend its own cracks, reducing maintenance needs. The solution provides a more sustainable way of creating and maintaining roads with more durable roads, reducing asphalt carbon emissions. Staying up to date with ESG tools provides businesses with the latest sustainability solutions.
Photo Credit: Ian Taylor
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Further reading: ‘Self-healing’ roads aim to solve pothole crisis
Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Ryan Wallace
