Latest news with #GHGProtocol
Associated Press
a day ago
- Business
- Associated Press
G&A Institute Issues Updated Resource Paper on California's Climate Disclosure Laws
NEW YORK, July 31, 2025 /3BL/ - Governance & Accountability Institute (G&A), a leading sustainability consulting and research firm, has issued an updated Resource Paper on recent developments impacting California's new climate disclosure laws scheduled to take effect in 2026. The new Resource Paper, which is available for download here, is an update to G&A's January 2024 Resource Paper providing an initial overview of these laws. Key findings of the new Resource Paper include: workshopFAQ 'While there are still unanswered questions about California's new laws, it is essential for companies not to delay on the baseline preparations as these will take time,' said Louis Coppola, CEO & Co-Founder at G&A Institute. 'Among these preparations are conducting a greenhouse gas inventory for 2025 in accordance with the GHG Protocol, and following TCFD or ISSB frameworks to develop your climate-related risks and opportunities assessment to meet the reporting deadline for SB 261 of January 1, 2026.' Coppola added, 'G&A is available to help organizations that are in scope of these important regulations to prepare for meet reporting requirements and follow best practices.' About G&A Institute, Inc. Founded in 2006, Governance & Accountability Institute, Inc. (G&A) is a sustainability consulting and research firm headquartered in New York City. G&A helps corporate and investor clients recognize, understand, and develop winning strategies for sustainability and ESG issues to address stakeholder and shareholder concerns. G&A's proprietary, comprehensive full-suite process for sustainability reporting is designed to help organizations achieve sustainability leadership in their industry and sector and maximize return on investment for sustainability initiatives. Since 2011, G&A has been building and expanding a comprehensive database of corporate sustainability reporting data based on analysis of thousands of ESG and sustainability reports to help steer strategy for our clients and improve their disclosure and reporting. More information is available on our website at FOR MEDIA INQUIRIES & INTERVIEWS, CONTACTLouis D. CoppolaCEO & Co-Founder Governance & Accountability Institute, Inc. Tel 646.430.8230 ext 14 Email [email protected] Visit 3BL Media to see more multimedia and stories from Governance & Accountability Institute
ME Construction
25-07-2025
- Business
- ME Construction
Msheireb Properties partners with Cundall to decarbonise its entire portfolio
Sustainability Msheireb Properties partners with Cundall to decarbonise its entire portfolio By Each building has been assessed against Cundall's Seven Steps to Net Zero Carbon, with detailed action plans developed to reduce operational energy consumption Qatar-based developer Msheireb Properties has partnered with global multi-disciplinary consultancy Cundall to decarbonise its entire portfolio in Msheireb Downtown Doha. The initiative is said to be the first of its kind at this scale in Qatar, reinforcing Msheireb Properties position in sustainable urban development and supports the goals set out in the Qatar National Vision 2030. As part of the project, Cundall said that it conducted a detailed carbon footprint analysis across the full asset portfolio which includes over 100 buildings, 800+ residential units, and 300+ retail spaces. The decarbonisation strategy targets emissions reductions across all three GHG Protocol carbon accounting scopes (1, 2 and 3) and aligns with the Science Based Targets initiative (SBTi), a globally recognised benchmark for decarbonisation. 'This is more than a sustainability initiative – it's a pivotal step in redefining the future of urban living in Qatar,' said Fatima Mohamed Fawzy, Senior Manager – Education & Sustainability, Doha Design District, Msheireb Properties. 'By embedding science-based decarbonisation across our entire portfolio, we are not only setting a bold new benchmark for climate leadership in the region, but also demonstrating what is possible when innovation, transparency, and collaboration come together. This milestone reflects our long-term commitment to driving measurable climate action in the built environment and highlights the impact of working with forward-thinking partners like Cundall.' Gary Dodds, Partner and Country Director, Qatar added, 'We are proud to support Msheireb Properties on this pioneering journey. This is not just about upgrading buildings, it's about reshaping what sustainable development looks like in Qatar. By taking a portfolio-wide view, we're helping deliver meaningful change that aligns with both local goals and global expectations.' Mario Saab, Director of Sustainability MENA commented, 'By taking a data-led, science-aligned approach to portfolio decarbonisation, Msheireb Properties is setting a new standard for sustainable development in the region – one that others can learn from and follow.' Carbon accounting marks the first step in Msheireb Properties decarbonisation roadmap, that accounts for direct building and indirect emissions. Each building has been assessed against Cundall's Seven Steps to Net Zero Carbon, with detailed action plans developed to reduce operational energy consumption through priority upgrades to mechanical, electrical, and plumbing (MEP) systems, Cundall explained. Comprehensive energy audits were conducted across all building typologies to evaluate current performance and identify high-impact, cost-effective energy-saving opportunities. The wider decarbonisation plan also addresses elements such as sustainable procurement, supply chain engagement, waste management, and policy enhancement. Each asset received a performance rating and had measures identified as part of their tailored pathway to Net Zero carbon. As part of its leadership in carbon transparency, Msheireb Properties will now be able to provide granular emissions data to tenants – supporting their own decarbonisation goals and enabling alignment with international sustainability frameworks.
Qatar Tribune
23-07-2025
- Business
- Qatar Tribune
Msheireb Properties partners with Cundall to deliver Qatar's first large-scale portfolio decarbonization strategy
Msheireb Properties, Qatar's leading sustainable real estate developer, has partnered with global multi-disciplinary consultancy Cundall to decarbonize its entire portfolio in Msheireb Downtown Doha. Msheireb Properties stated in a press release that this landmark initiative is the first of its kind at this scale in Qatar, reinforcing Msheireb Properties position as a pioneer in sustainable urban development and supports the goals set out in the Qatar National Vision 2030. As part of the project, Cundall conducted a detailed carbon footprint analysis across the full asset portfolio which includes over 100 buildings, 800+ residential units, and 300+ retail spaces. The decarbonization strategy targets emissions reductions across all three GHG Protocol carbon accounting scopes (1, 2 and 3) and aligns with the Science Based Targets initiative (SBTi), a globally recognized benchmark for decarbonization. Carbon accounting marks the first step in Msheireb Properties decarbonization roadmap, that accounts for direct building emissions and indirect emissions. Each building has been assessed against Cundall's Seven Steps to Net Zero Carbon, with detailed action plans developed to reduce operational energy consumption through priority upgrades to mechanical, electrical, and plumbing (MEP) systems. Comprehensive energy audits were conducted across all building typologies to evaluate current performance and identify high-impact, cost-effective energy-saving opportunities. The wider decarbonization plan also addresses elements such as sustainable procurement, supply chain engagement, waste management, and policy enhancement. Each asset received a performance rating and had measures identified as part of their tailored pathway to net zero carbon. As part of its leadership in carbon transparency, Msheireb Properties will now be able to provide granular emissions data to tenants - supporting their own decarbonization goals and enabling alignment with international sustainability frameworks. Fatima Fawzy, Sustainability Manager at Msheireb Properties, said: "This is more than a sustainability initiative - it's a pivotal step in redefining the future of urban living in Qatar. By embedding science-based decarbonization across our entire portfolio, we are not only setting a bold new benchmark for climate leadership in the region, but also demonstrating what is possible when innovation, transparency, and collaboration come together. This milestone reflects our long-term commitment to driving measurable climate action in the built environment and highlights the impact of working with forward-thinking partners like Cundall." Gary Dodds, Partner and Country Director - Qatar, Cundall, added: "We are proud to support Msheireb Properties on this pioneering journey. This is not just about upgrading buildings, it's about reshaping what sustainable development looks like in Qatar. By taking a portfolio-wide view, we're helping deliver meaningful change that aligns with both local goals and global expectations." Mario Saab, Director of Sustainability MENA, Cundall, said: "By taking a data-led, science-aligned approach to portfolio decarbonization, Msheireb Properties is setting a new standard for sustainable development in the region - one that others can learn from and follow." This strategic partnership is part of Msheireb Properties' ongoing efforts to advance sustainable and smart infrastructure in the State of Qatar and to strengthen its position as a regional and global leader in sustainable real estate development.
Observer
06-07-2025
- Business
- Observer
Sohar Aluminium scales up energy efficiency and decarbonisation efforts
MUSCAT: Sohar Aluminium — the country's primary aluminium producer owned 40% by Oman's integrated global energy group OQ — is intensifying its drive to enhance energy efficiency, reduce greenhouse gas (GHG) emissions, and support Oman's broader sustainability ambitions through a series of targeted initiatives. These efforts form part of the company's long-term commitment to operational excellence and environmental stewardship. This report is based on the Sohar Aluminium Sustainability Report 2024, which highlights progress across key areas such as energy management, emissions control, and decarbonisation strategy. Energy plays a critical role in the company's refining and smelting operations, which are among the most energy-intensive industrial processes. Sohar Aluminium predominantly relies on natural gas secured through a long-standing agreement with the Omani government. To ensure business continuity and operational resilience, the company's on-site power plant is also capable of switching to diesel in emergency situations. Following the 2023 Order of Magnitude study—which identified 45 improvement opportunities across electricity, gas, water, and compressed air systems—Sohar Aluminium has implemented several energy-saving measures. Among these, the optimisation of the compressed air system has delivered tangible results, including lower energy use, reduced maintenance needs, and extended equipment life. This not only enhances system performance but also contributes to overall emission reductions. The company's GHG emissions primarily arise from fuel combustion at its power plant and from the electrolytic smelting process, which generates carbon dioxide (CO2), perfluorocarbons (PFCs), and hydrogen fluoride. In 2024, Sohar Aluminium continued to employ its proprietary GHG calculation tool, aligned with the GHG Protocol and the International Aluminium Institute's reporting standards, to track and manage emissions. An independent Carbon Footprint study further benchmarked the company's emissions profile against global best practices. Notably, benchmarking data shows that Sohar Aluminium performs competitively compared to five other smelters in the GCC region, underscoring the effectiveness of its emissions management strategies. The company also adheres strictly to national environmental regulations. However, total emissions intensity rose slightly in 2024 to 6.19 tonnes of CO2 per tonne of aluminium, compared to 5.51 tonnes in 2023—a change likely driven by increased production volumes. Despite this uptick, the company has made measurable progress in targeted areas. Over the past six years, fluoride emissions were reduced by 22 per cent, while nitrogen oxide (NOx) emissions from the power plant have steadily declined from 2021 to 2024. Sohar Aluminium remains firmly committed to reversing any upward emissions trends and aligning its operations with Oman's net-zero aspirations. The company's Decarbonisation Strategy, updated and reviewed in December 2024 with stakeholders including OQ Alternative Energy, Rio Tinto, and TAQA, lays out an ambitious roadmap. Aligned with the International Aluminium Institute's net-zero pathways, the plan sets progressive emissions reduction targets: 13 per cent by 2030, 43 per cent by 2040, and 86 per cent by 2050, using 2021 as the baseline year. Sohar Aluminium's decarbonisation roadmap is further strengthened by its involvement in the SOHAR Net Zero Alliance (SNZA) and its pledge to the IAI's carbon emissions reduction framework, announced at COP28. These partnerships underscore the company's commitment to aligning local efforts with global climate goals. Aluminium recycling forms a key pillar of Sohar Aluminium's sustainability agenda. In 2024, the company recycled 3,543 metric tonnes of external scrap, reducing the energy required for production by up to 95 per cent compared to primary smelting. This not only contributes significantly to emission reductions but also promotes resource circularity and waste minimisation. By advancing energy efficiency, pursuing rigorous emissions controls, and embedding recycling in its operations, Sohar Aluminium is demonstrating how industrial giants can play a pivotal role in advancing national and international sustainability objectives.
Fashion Value Chain
04-07-2025
- Business
- Fashion Value Chain
SRK Crafts World's First Carbon-Negative Natural Diamonds
In a groundbreaking milestone for both India and the global gem industry, Shree Ramkrishna Exports (SRK) has become the first company worldwide to craft carbon-negative natural diamonds. Verified by Deutsch Quality Systems (India) Pvt. Ltd., SRK's process now removes more carbon than it emits, with a certified –0.239 kg CO₂e per carat and an organizational footprint of –893 metric tons CO₂e. The achievement aligns with India's climate targets and reaffirms the country's growing leadership in sustainable manufacturing. SRK's sustainability initiatives span 14 out of the 17 UN Sustainable Development Goals (SDGs) — including clean energy, ethical sourcing, zero-waste operations, and water stewardship. Key Impact Measures: Verified carbon-negative footprint (under ISO and GHG Protocol standards) Solar-powered operations and net-zero emission facilities Ethical and traceable sourcing practices Sustainable water and waste management systems The company will soon release its second 'Pure Impact Report', offering a transparent view of its sustainability journey and ongoing innovations in the luxury goods sector. Quote: Shreyans Dholakia, Entrepreneur & Brand Custodian at SRK, stated: 'For us, true luxury goes beyond brilliance — it lies in impact. Sustainability in natural diamonds is not just possible, it's already here. This is not just our milestone, it is India's milestone too.' SRK's innovation stands as a beacon for industries seeking to combine traditional craftsmanship with climate leadership.
