Coldplay is partnering up with Neste to take steps towards the band’s target of reducing CO2 emissions from the Music Of The Spheres World Tour by 50% compared to the band’s previous world tour. Neste will provide Coldplay with sustainable aviation fuel (SAF) to help reduce emissions from air travels, while the company’s renewable diesel will help cut emissions from the band’s tour transports and stage power generation.
Royal DSM, a global purpose-led science-based company, the United Nations’ children’s agency UNICEF, and Swiss-based nutrition think tank and incubator Sight and Life have renewed their long-term partnership to deliver better nutrition for at-risk groups in countries in Sub-Saharan Africa and Asia. The partners also aim to expand their work to Latin America for the first time.
Elanco Animal Health Incorporated and DSM have created a strategic alliance connecting two leading, sustainability-focused companies to address one of society’s most significant opportunities of the decade, mitigating climate change by reducing greenhouse gas emissions from farming. Elanco has secured the exclusive U.S. licensing rights to develop, manufacture and commercialize Bovaer® for beef and dairy cattle. Bovaer® is a first-in-class and best-in-class methane-reducing innovative feed additive for beef and dairy cattle, already available in Europe, Brazil, Chile and Australia. More than 50 peer-reviewed studies and 48 on-farm trials in 14 countries show Bovaer® consistently reduces enteric methane emissions by approximately 30% for dairy cows and even higher percentages for beef cattle.
Prof. Dr. Iris Lewandowski. Courtesy of University of Hohenheim
Iris Lewandowski is one of the leading people of the European bioeconomy. In July 2018, she was appointed Chief Bioeconomy Officer (CBO) of the University of Hohenheim. Presently, she is Scientific Speaker of the European Bioeconomy University (EBU), an alliance of six leading European Universities in the field of the knowledge-based bioeconomy, dedicated to cooperation in bioeconomy education, research and knowledge transfer. She is also co-chair of the German Bioeconomy Council and co-chair of the Baden-Württemberg federal government’s advisory board “Sustainable Bioeconomy”. In this interview with Il Bioeconomista she talks about bioeconomy at German and European level and about the BBI JU demo project GRACE, which she is coordinating.
Biome Bioplastics and Suregreen begun large scale UK-wide field testing and initial commercial sales of their novel biodegradable tree shelters. The development of these biodegradable tree shelters aims to tackle one of the forestry industry’s plastic pollution challenges and support the UK’s afforestation efforts to reach carbon neutrality by 2050. To achieve its carbon neutrality targets by 2050, the UK government pledged to more than double tree planting rates, with an ultimate target of 30,000 hectares per year, equivalent to 90-120 million trees planted. Yet, while tree shelters are essential to protect saplings and help them grow safely, they are not collected at the end of their lifetime, already leading to an estimated 2,500 tonnes of plastic ending up annually in the natural environment after use.
Manchester United is achieving cleaner operations after deploying EnDura Fuels from Renewable Energy Group, Inc. into their groundskeeping equipment. After more than 100 years of utilizing petroleum diesel in their equipment, Manchester United is taking their next step to help create a cleaner world. Renewable Energy Group and Manchester United announced their global partnership in the summer of 2021 after Manchester United sought out a partner that would help them with their sustainability goals.
Refuel Energy Inc. (Refuel) will construct a 3000 barrels per day renewable fuel plant in Southern Ontario, Canada. The proposed project, called Refuel YYZ, would supply the aviation and terrestrial fuel needs of the Greater Toronto area, home to 6 million Canadians, while lowering the CO2 emissions for the end users by up to 80%. It is also strategically located for exporting to the US Northeast.
Bridgestone Americas, a global leader in tires and sustainable mobility solutions, signed an exclusive partnership with Carbon Capture and Transformation (CCT) company LanzaTech NZ to address end-of-life tire waste. The two companies will co-develop the first dedicated end-of-life tire recycling process leveraging LanzaTech’s proprietary CCT technology, creating a pathway toward tire material circularity and the decarbonization of new tire production.
Canadian company Enerkem, a world leader in the production of low-carbon intensity biofuels and circular chemicals from waste materials, closed a new financing totaling $255 million. Repsol invests $170 million, of which $75 million is in Enerkem’s equity and $95 million in convertible debt. In doing so, Repsol joins existing shareholder Suncor Energy as a strategic shareholder to accelerate the adoption and deployment of Enerkem’s technology and to develop new projects in the Iberian Peninsula (Spain and Portugal). In addition, Monarch Alternative Capital, a new investor, is contributing $30 million to the round while Avenue Capital Group is reinvesting $30 million, both in convertible debt. Finally, there is $25 million reinvested in equity by some existing shareholders.