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NEC and SINAI Technologies Collaborate to Create Pathways to Decarbonization

Tokyo and San Francisco, Dec 2, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation and SINAI Technologies lnc., a software company that supports the transformation of companies and organizations to achieve their net-zero targets, will commence collaboration on businesses that support decarbonization in November 2022.In December 2021, NEC established an ecosystem-based corporate venture capital (CVC) fund, the NEC Orchestrating Future Fund (NOFF), which accelerates collaboration with customers and partners and introduces new services, knowledge, and technologies through investing in startups in order to lead an ecosystem for social value creation(1).NOFF invested in SINAI in September 2022, recognizing that SINAI's decarbonization business could greatly contribute to the achievement of NOFF's vision. NEC and SINAI have now decided to strengthen their relationship, aiming to create new social value and contribute to a carbon-free society.By creating a partnership between NEC's GreenGlobeX environmental performance management solution and SINAI's Decarbonization Intelligence Platform for Reducing CO2 Emissions, the two companies will combine NEC's know-how in efficiently collecting and aggregating environmental data from multiple international bases, with SINAI's expertise in measuring and reporting Scope 1, 2 and 3 emissions(2), calculating baselines for future CO2 emissions forecasts, formulating scenarios for low-carbon emissions, carbon pricing, and value chain management.As a result, the two companies will be able to provide total support for efforts to decarbonize by making data collection and storage visible, then analyzing collected data and proposing CO2 reductions.Going forward, the two companies will pursue new business opportunities that combine NEC's carbon management business with SINAI's emission visualization and reduction platforms for specific industries. Through this, the two companies aim to create an ecosystem for clients seeking to achieve decarbonization.Kazuhiko Shiraishi, Senior Vice President, Public Solutions Business Unit, City Infrastructure Solution Division, NEC, said, "Under the Mid-term Management Plan 2025, NEC has positioned 'Carbon Neutral-Related Business' as a growth business, and has pledged to contribute to the realization of a carbon-free society by utilizing IT technologies and data management. As part of this collaboration with SINAI, which has a strong track record of collaborating with prominent companies, particularly in South America, we will be able to provide not only visualization of CO2 emissions, but also a broad range of solutions, from predicting future emissions to proposing specific methods of reducing emissions. Together with SINAI, we will contribute to the realization of carbon neutrality for customers and communities throughout the world."SINAI Founder and CEO Maria Fujihara, said, "We are excited to be working with NEC to help more global companies develop a strategy for reaching net zero. As a partner, NEC shares our goal of reversing climate change, their team adds a high level of expertise, and they bring an innovative approach to the use of technology. Together, we can make a bigger impact, both in Japan and around the world."(1) Announced on December 17, 2021: "NEC establishes new US$150 million CVC fund"www.nec.com/en/press/202112/global_20211217_01.html(2) Scope 1 refers to a company's own direct emissions of greenhouse gases. Scope 2 refers to indirect emissions associated with the use of electricity, heat, and steam supplied by other companies. Scope 3 refers to indirect emissions other than Scope 1, and 2.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Pertamina, ExxonMobil agree to develop CCS for decarbonization

JAKARTA, Nov 15, 2022 - (ACN Newswire via SEAPRWire.com) - Pertamina and ExxonMobil have signed a cooperation agreement for developing carbon capture and storage (CCS) for cutting carbon emissions while supporting economic growth.Pertamina and ExxonMobil have signed a cooperation agreement for developing carbon capture and storage (CCS) as part of efforts to reduce carbon emissions while supporting economic growth. (ANTARA/Pertamina)"This collective agreement is a solid foundation for Indonesia to achieve Indonesia's net-zero target by 2060 or sooner," Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said on Monday.The Indonesian government is working on developing regulations that support carbon capture and storage (CCS) and starting discussions with governments in other regions, he added.Meanwhile, Pertamina's CEO and president director, Nicke Widyawati, said that the CCS development and decarbonization cooperation is in line with Pertamina's efforts to support the government's program to accelerate the energy transition and achieve the target of reducing emissions by 29 percent by 2030."The development of CCS technology is in line with Pertamina's commitment to implementing Environmental, Social, and Governance (ESG) in all lines of the company's business to encourage business sustainability in the future," she added.The fastest way to ensure the transition to new renewable energy and decarbonization in Indonesia is through partnerships, she emphasized. This is to answer the three global challenges, namely technology, finance, and human capital, at once.According to Widyawati, the application of CCS technology is expected to play an important role in reducing greenhouse gases in the atmosphere, which contribute to global warming, climate change, ocean acidification, and loss of biodiversity."The development of CCS technology has a double impact, in addition to reducing emissions while increasing national oil and gas production," she said.A joint study conducted by Pertamina and ExxonMobil has succeeded in finding the potential for carbon dioxide (CO2) storage of up to 1 billion tons in Pertamina's oil and gas fields.This large CO2 capacity can permanently store CO2 emissions across Indonesia at the current average for the next 16 years.In total, Pertamina is working on six CCS/CCUS projects by selecting fields that can be used as CO2 injection sites.The six potential sites are located in several offshore areas in Sumatra, Java, Kalimantan, and Sulawesi.The discovery of the great potential of CO2 has become an opportunity for the development of the CCS business and decarbonization efforts in Indonesia.Contact: Heppy Wulansari, Pjs. Vice President Corporate Communication, PT Pertamina (Persero)Mobile: +62 811-296-949, Email: heppy@pertamina.com, URL: https://www.pertamina.comWritten by: Katriana, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Pertamina supports Indonesia’s goal to reach net zero emissions by 2060

JAKARTA, Nov 7, 2022 - (ACN Newswire via SEAPRWire.com) - State-owned energy company PT Pertamina (Persero) supports Indonesia's aspiration to reach net zero emissions by 2060.A screenshot of Pertamina's president director and CEO Nicke Widyawati during a panel discussion of UN Climate Change Conference (COP27) in Sharm El Sheikh, Egypt, on Sunday (6/11/2022). (ANTARA/Bayu)Indonesia has increased its greenhouse gas (GHG) emission reduction target to 31.89 percent, with its efforts, and 43.20 percent, with international assistance, through the Enhanced Nationally Determined Contribution (NDC) document."In terms of emission reduction, Pertamina has set a target of 30 percent emission reduction in 2030, versus our 2010 baseline," Pertamina's president director and CEO Nicke Widyawati said in a panel discussion of UN Climate Change Conference (COP27) in Sharm El Sheikh, Egypt, on Sunday.In 2021, Pertamina have succeeded in reducing GHG emissions by 7.4 million metric tons of carbon dioxide equivalents or 29.09 percent compared to the 2010 baseline.This emission reduction is achieved by reducing non-routine emissions from the process, which is utilized for own-use fuel and gas supply to customers as much as 69,7 percent, using more efficient equipment which is included in Energy Efficiency Program, contributed 13.9 percent, using energy from low carbon source that contributes 16,2 percent and other activities.In order to reach net zero aspirations, Pertamina has developed a holistic strategy delivered via two pillars, which are the decarbonization of its business activities and the development of new green business; as well as three enablers namely developing carbon accounting standards that already approved by national and international regulation, and also the implementation of Pertamina Internal Carbon Price, building sustainability organization that will oversee Pertamina business are on the right track for its Net Zero Roadmap goals and stakeholder engagement to fully support national NZE target and commitment.Such a goal is supported by the company's long-term investment strategy. Pertamina's cumulative CAPEX up to 2060 for the Green Business Initiatives is estimated at around US$40 billion for biofuels, renewable energy sources, CCS/CCUS, battery and EV ecosystem, hydrogen, and carbon business.Widyawati added that Pertamina accelerates green business development from upstream to downstream through the whole integrated value chain.Pertamina is committed to supporting the Indonesian government's commitment to achieving net zero by 2060 or sooner. As an energy company, Pertamina has a big responsibility to be a pillar of achieving net zero emissions in Indonesia, on the principles of affordability and fairness," she concluded. Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Yashinta Difa Pramudyani, Editor: Bayu Prasetyo (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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JLMAG Awards the First SGS PAS 2060 Carbon Neutrality Declaration Certificate in the Global Rare Earth Permanent Magnet Industry

HONG KONG, Jun 30, 2022 - (ACN Newswire via SEAPRWire.com) - JL MAG Rare-Earth Co., Ltd. ("JL MAG" or the "Company", together with its subsidiaries, the "Group", SZSE: 300748; HKEX: 6680), a leading producer of high-performance rare earth permanent magnets ("REPMs") in China, is pleased to announce that the Company has been awarded the first SGS PAS 2060 carbon neutrality declaration certificate ("Certificate") in the global rare earth permanent magnet industry by SGS, an internationally recognized testing, inspection and certification institution. Both parties held a Certificate presentation ceremony at Ganzhou Jinjiang International Hotel on 30 June 2022. Mr. Chen Shuilian, Deputy Mayor of the People's Government of Ganzhou City of Jiangxi Province, Ms. Zhang Qiumei, Director of SGS Knowledge and Management Services in Southern District & Central and Western District, and Mr. Cai Baogui, Chairman and General Manager of JL MAG jointly attended the ceremony. Mr. Cai Baogui, Chairman and General Manager of JL MAG delivered a welcome speech.Ms. Zhang Qiumei, Director of SGS Knowledge and Management Services in Southern District & Central and Western District presented the Certificate to Mr. Cai Baogui, Chairman and General Manager of JL MAG.PAS 2060 is the internationally recognized carbon neutrality standard, which requires enterprises to strive to reduce carbon emissions and achieve low-carbon production on the basis of quantifying greenhouse gas emissions. With regard to carbon emissions that cannot be reduced, PAS 2060 encourages enterprises to adopt voluntarily compensation and offset to achieve carbon neutrality. The PAS 2060 carbon neutrality declaration certificate proved that JL MAG's efforts in carbon neutrality have been highly recognized by the international authorities. The Company has established and implemented systematic management and identification of carbon emission sources in accordance with ISO 14064 standard. It also demonstrated to the SGS professional audit team that the Company has fulfilled the commitments and requirements of products and services within the scope of certification, with the system capable of meeting the organizational objectives. Meanwhile, on top of implementing the emission reduction plan, JL MAG has been committed to completely offsetting the remaining carbon emissions by taking relevant effective measures.JL MAG has been adhering to the philosophy of green development and fulfilling corporate responsibilities since its establishment. The Company facilitates the pursuit of carbon neutrality in China and around the world by providing rare earth permanent magnets to its top player customers. In 2021, the Company's sales volume of magnetic steel products for NEV drive motors was sufficient to equip approximately 1.24 million passengers NEVs 2021, facilitating to reduce of carbon emissions by approximately 2.56 million tonnes/year. The Company's sales volume of magnetic steel products for energy-saving VFACs was sufficient to equip approximately 48.50 million air conditioner compressors in 2021, facilitating the reduction of carbon emissions by approximately 17.55 million tonnes/year. The Company's sales volume of magnetic steel products for the wind power sector was sufficient to equip wind turbine generators with an approximate aggregate installed capacity of 8.65GW in 2021, facilitating to the reduction of carbon emissions by approximately 14.33 million tonnes/year. Combining the three key downstream areas, JL MAG facilitated the reduction of carbon emissions by approximately 34.44 million tonnes in 2021.In addition, JL MAG reduces its own carbon emissions through various energy conservation approaches, including technological innovation, lean production, management-driven energy conservation, technology-driven energy conservation, efficiency improvement, equipment upgrading, and conversion of green power. The Company also joined hands with Goldwind (002202.SZ; 02208.HK) to develop a green power program. The Company has also announced that it has entered into a strategic cooperation framework agreement with China Resources Power Investment Co., Ltd. Northern Branch, a management company established by China Resources Power (836.HK) in the northern region. Both parties will cooperate on a number of projects on the basis of the development and construction of new energy projects, including indemnificatory grid-connected centralized new energy projects, renewable energy replacement projects in industrial parks, thermal power flexibility retrofits supporting new energy projects, distributed wind power projects and permanent magnet motor transformation projects, to promote the Company's low-carbon production with green power. Looking forward, the Company has established a clear carbon reduction target, aiming to reduce its emission/consumption per unit by an average of 5% to 10% on an annual basis in the future through the increasing use of green energy and recycling of raw materials. Guided by the vision of "growing into the leading enterprise in the world rare earth permanent magnet industry", the Company will continue to enhance its product innovation and research and development, further improve energy efficiency, proactively develop and introduce photovoltaic power, and strive to achieve carbon emission reduction and carbon neutrality at the Group level and product level. JL MAG will realize its corporate mission of "Better Life with Rare Earth" with concrete actions and facilitate the pursuit of carbon neutrality in China and around the world.About JL MAG Rare-Earth Co., Ltd.JL MAG Rare-Earth Co., Ltd. ("JL MAG" or the "Company", together with its subsidiaries, the "Group", HKEX: 6680; SZSE: 300748) is a global leading producer of high-performance REPMS with rapid growth in the fields of new energy, energy conservation and environmental protection. The Company ranked first in the world by production volume of high-performance REPMs and by production volume of high-performance REPMs based on GBD technology in 2020. The Company's products are widely applied in downstream sectors including NEVs and automotive parts, energy-saving VFACs, wind power, 3C, industrial energy-saving motors, energy-saving elevators and rail transit. The Company has also established long-term and stable cooperative relationships with domestic and foreign top-tier companies in various sectors. The Company successfully listed its H shares on the Main Board of the Stock Exchange of Hong Kong Limited on January 14, 2022, making JL MAG the first high-performance REPM producer with dual listings of A-shares and H-shares in the world. Meanwhile, JL MAG successfully raised HK$4.241 billion. About SGSSGS is an internationally recognized testing, inspection and certification institution with more than 93,000 employees across over 2,600 branches and laboratories worldwide, building a global service network. SGS has been on the list of Forbes Global 2000, named as an industry leader by the Dow Jones Sustainability Index for the sixth year and included in the FTSE4Good Index for the third year. SGS-CSTC Standards Technical Services Co. Ltd. was founded in 1991 as a joint venture between SGS Group and China Standard Science and Technology Group. With an extensive network of 90 branches and more than 200 laboratories, it recruited more than 15,000 professionals to provide quality services. In China, SGS' service covers an array of industries such as textiles & garments, toys & children's products, houseware & sundries, electrical & electronics, agriculture & food, life sciences, cosmetics, personal care & household, petrochemicals, minerals, environment, industrial, transportation and e-commerce. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu and Ridgelinez Launch Services to Visualize Customers’ Carbon Footprint in Supply Chain

TOKYO, Dec 24, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Ridgelinez Limited (Ridgelinez) today announced a new strategy to strengthen cooperation and deliver services that contribute to the resolution of environmental issues as set out in the UN's Sustainable Development Goals (SDGs).Figure 1. List of SX Consulting ServicesFigure 2. Dashboard ImageAs a first step, the two companies will offer new services that provide robust support for customers in the Japanese market in achieving their sustainability objectives, ranging from the formulation of management strategies to the implementation of measures to contribute to the SDGs. This includes both consulting services to help customers in the Japanese market in realizing their Sustainability Transformation (SX) starting from January 2022, and services to measure and visualize CO2 emissions in customers' supply chains starting from December 24, 2021. A rollout of services to measure and visualize customers' CO2 emissions to the global market is planned in the future. The consulting services will be provided by Ridgelinez, a subsidiary of Fujitsu Limited offering consulting and DX services, and will include support for customers in integrating ESG(1) into their sustainable management strategies and in realizing carbon neutrality with the aim to achieve zero CO2 emissions.During its own initiatives to go carbon neutral, Fujitsu has been visualizing and disclosing data about the Group's CO2 emissions (including those from its supply chain), and has set concrete targets to reduce its CO2 emissions based on the SBT(2). Fujitsu has also been promoting active introduction and management of renewable energies via international initiatives like RE100(3) and the acquisition of the EPEAT(4) eco label. Fujitsu will leverage this accumulated know-how to offer tools that empower customers to measure, visualize, disclose, and reduce not only direct CO2 emissions, but also indirect emissions in their supply chains.This latest offering demonstrates how the Fujitsu Group will continue to promote "Sustainable Manufacturing," accelerating the creation of secure and resilient supply chains and a circular economy to achieve carbon neutrality and to support growth that contributes to the harmonious coexistence of people and the earth. Fujitsu's commitment to Sustainable Manufacturing represents one of seven Key Focus Areas under its business brand, Uvance.About the New Service(1) Consulting services to realize SX in customers' businessesRidgelinez will provide SX consulting services, including:- Support for customers in the formulation of sustainable management strategies to resolve ESG related issues- Support in bringing customers' CO2 emissions to zero in order to achieve carbon neutrality- Sustainable governance / finance support to assist customers in disclosing information to investors and other relevant partiesIn order to provide these services, Ridgelinez will strengthen its internal structure by establishing "Sustainability Transformation Practice" as a new organization including talent highly specialized in the area of carbon neutrality (including renewable energies and bio technologies) in January 2022, and plans to gradually expand its staff.Looking forward, Ridgelinez further also aims to build new channels of communication to share sustainability related news to partners and organizations outside of Japan in a speedy manner with the aim to contribute to comprehensive SX.(2) Cloud services for visualization of CO2 emissions in customers' supply chains- Cloud-based services to collect and visualize data on fuel and electricity consumption at each plant and facility as well as CO2 emissions generated in customers' supply chains including product manufacturing and transportation. The "FUJITSU Manufacturing Industry Solution COLMINA Factory Optimization Dashboard" enables a graphical visualization of various types of manufacturing related data; using templates, customers can edit graphs according to their needs to display CO2 emissions by country, region, business site, or category.- By combining this system with a service to collect data on energy consumption per plant and manufacturing process, customers can aggregate data more efficiently and ensure higher traceability in their business.- Using these services, customers will be able to gain a more detailed understanding of their CO2 emissions (including those in the supply chain) and can accelerate the realization of a carbon-neutral management by analyzing and implementing appropriate measures to reduce their CO2 emissions.- A rollout of these services to the global market is planned in the future.Sales Target (Japanese market)300 companies by the end of fiscal 2023. (Fujitsu's fiscal year ends March 31)(1) ESG:Three factors necessary for a company's long-term growth in order to realize a sustainable world: "Environment", "Social", "Governance"(2) SBT (Science Based Targets):Goals certified by the Science Based Targets Initiative (SBTi), which was jointly established in 2015 by organizations such as the United Nations Global Compact and the World Resources Institute (WRI).(3) RE 100:Renewable Energy 100. An initiative operated by the Climate Group, an international NGO, in partnership with CDP. Comprised of companies that aim to use 100% renewable energy as their power source.(4) EPEAT:The Electronic Product Environmental Assessment Tool. International environmental certification for electronic products by the U.S. Green Electronics Council. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Singapore youth give 18 recommendations for tackling environmental crisis

GLASGOW - As young people take to the streets in Glasgow on Friday (Nov 5) to mark Youth Day at the COP26 climate summit, youth in Singapore are also making their demands for climate action heard. On Friday morning Singapore time, a group of young people here released a statement of 18 recommendations on how the Republic can be made more liveable for future generations. Titled An Urgent Call From Singaporean Youth On The Environmental Crisis, the statement was co-authored by six youth-led organisations, including the Singapore Climate Rally and FiTree, as well as 10 individuals from different sectors of society. They include marine biologists Pavarne Shantti and Sam Shu Qin; co-founder of environmental group LepakInSG Ho Xiang Tian; indigenous culture and environmental advocate Firdaus Sani; as well as environmental communicator Woo Qiyun, who runs the Instagram account @theweirdandwild. Calling the effort an "unprecedented initiative", the co-authors said the statement was crafted by environmental and climate youth organisations of varied interests, coming together to collaborate for the first time. Their recommendations span six areas - emissions, nature, energy, corporate responsibility, community empowerment and inclusion, and the economy and people. One key recommendation was for Singapore to set itself a bolder emissions target to reach peak emissions before 2025 instead of the current target of 2030. The earlier the timeline, the earlier the country must take steps to bring down the amount of greenhouse gases it produces, even as the economy continues to grow. Over the longer term, the youth say the amount of planet-warming emissions Singapore produces should reach net-zero by 2050, in line with the recommendations of the United Nations' Intergovernmental Panel on Climate Change (IPCC). Singapore currently plans to reach this milestone "as soon as viable in the second half of the century". The IPCC has said global emissions should reach net-zero by mid-century for the world to stand a better chance of avoiding harsher climate impacts such as more extreme floods, wildfires and heatwaves. On nature, the young people urged the Government to protect remaining natural habitats in Singapore such as the Clementi Forest, and to ensure that nature conservation efforts are grounded in science. A jogger at Clementi Forest on Nov 19, 2020. PHOTO: ST FILE Natural habitats can serve as nature-based climate solutions, they said, as these ecosystems can take in carbon and protect the country's coastlines. "Mature habitats are much better at providing these solutions, and destroying them would be counter-productive to our climate mitigation and adaptation efforts," they said. More on this topic   Related Story Singapore pledges to phase out unabated coal in electricity mix by 2050   Related Story EMA to set green standards for power generation companies to reduce S'pore's carbon footprint Ecosystems such as mangroves, for instance, are huge stores of carbon. By locking the carbon in the soil, these habitats prevent the carbon from reaching the atmosphere, where it can trap heat and drive climate change. Mangroves also have the ability to keep pace with rising sea levels if the rate of increase is not too rapid, and can act as natural sea walls against sea level rise. The signatories of the statement also echoed the voices of young people around the world, who want a greater stake in shaping policies that will affect how their generation experiences the impacts of climate change in the future. View this post on Instagram A post shared by The Weird and Wild (@theweirdandwild) They called for more governmental engagement with youth communities in an "expansive and strategic manner", citing how young people in the European Union are involved in energy transition-related consultations through initiatives that form networks between interested youths and key actors in the energy sector. "The government can reach out to energy-focused youth groups in Singapore or create initiatives to get youth involved in our energy transition conversations and long-term plans," they said. One key recommendation was for Singapore to set itself a bolder emissions target to reach peak emissions before 2025 instead of the current target of 2030. ST PHOTO: TIMOTHY DAVID The statement has since Nov 4 been endorsed by 93 individuals and 75 organisations and entities, including Associate Professor Jason Lee from the National University of Singapore's Yong Loo Lin School of Medicine and the Nature Society (Singapore). "While we acknowledge that the government has released various initiatives and made progress on various environmental issues over the years, we know that our actions are still not yet where they need to be," the co-authors said. More on this topic   Related Story Red alert! What can you do to help bring carbon emissions down?   Related Story S'pore pledges $10m in new funds, making more investments in low-carbon technology While climate change and biodiversity loss are existential crises with far-reaching and world-changing consequences, humanity is at an inflexion point, the authors noted. "Moments like this also give us an opportunity to reflect on the values we want to hold on to, and the world we want to leave behind for our future generations," they wrote. "Singapore aims to honour the values of justice and equality. This means that our approach to mitigating the climate crisis must logically be rooted in these same values." The full set of recommendations and statement are available at SG Youth Cop26. More on this topic   Related Story Will COP26 deforestation pledge be game-changer or just more broken promises?   Related Story Climate Code Red: Live from COP26   

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Pertamina supports achievement of Indonesia’s carbon emissions target

JAKARTA, Nov 2, 2021 – (ACN Newswire) – Indonesia’s largest energy company, PT Pertamina (Persero), has said it has implemented several initiatives to support the government’s target of reducing greenhouse gas emissions from the energy sector. According to the company’s president director & CEO, Nicke Widyawati, Pertamina has been focusing on reducing gas emissions, especially in the areas of road transport, aviation, shipping as well as chemical and petrochemical industry – which based on world charts, contribute less than 20 percent carbon emissions. “The most carbon emission reduction is coming from our operational efficiency in refinery and upstream facility, flare gas utilization, waste heat recovery in upstream and refinery as well as other energy initiatives in geothermal,” she said during a talk show about the green economy on the sidelines of the 26th UN Climate Change Conference (COP26) in Glasgow, Scotland, on Monday. To achieve the target of reducing 25.9 million tons of CO2 by 2030, Pertamina has drafted several initiatives, including increasing geothermal capacity to 1065 MW as well as developing hydro-based and solar-based power generation, which are targeted to reach 715 MW and 3,100 MW each, respectively. The state-owned energy company is in the process of developing a green refinery in Plaju and Cilacap that will be operational by 2025. It is also participating in Indonesia battery company joint venture by developing an EV battery ecosystem including swapping and charging business, in addition to developing a methanol plant for gasification, which is planned to be on stream by 2025. “Previously, the energy of our refinery was from fuel, now we are shifting to gas and also some parts are coming from solar-PV,” Widyawati added. Other initiatives taken by Pertamina to help reduce greenhouse gas emissions include the development of bioenergy, circular carbon economy, as well as new and renewable energy, she informed. “And we have the ambitious target to shifting the energy of our facility so it becomes 30 percent of energy mix from new and renewable energy,” she said. Pertamina reduced 27.08 percent of its emissions during 2010-2020, exceeding the country’s NDC target in 2020 of 26 percent. In the energy sector, the Indonesian government has the ambition of reducing as much as 314 million tons of CO2 emission in 2030, of which 183.66 million tons, or more than 50 percent, is a target for the New & Renewable Energy (NRE) sector. Based on the roadmap for Indonesia’s energy transition, the current state of the energy mix is still at the level of approximately 9 percent. It will increase to 23 percent by 2025 and continue to increase until it is projected to be at the level of 31 percent by 2050. Through this NRE development roadmap, the government believes that the energy sector will reduce emissions by 314-398 million tons of CO2. Media ContactFajriyah UsmanPjs Senior Vice President Corporate Communications & Investor RelationsPT Pertamina (Persero)M: +62 858 8330 8686, E: fajriyah.usman@pertamina.com

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NEC Signs the “Business Ambition for 1.5 degrees Celsius Pledge”

TOKYO, Oct 26, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) has signed the "Business Ambition for 1.5degC Pledge," aiming to keep the rise in global temperature within 1.5degC. The Business Ambition for 1.5degC Pledge is a campaign led by the United Nations Global Compact(1), We Mean Business(2), and the Science Based Targets (SBT) Initiative(3) that urges companies to set science-based targets aiming for net zero greenhouse gas (GHG) emissions by 2050. In response to this call, NEC is now aiming for net zero greenhouse gas emissions throughout its supply chain.NEC has been promoting initiatives to achieve the SBT 1.5degC target as a part of "Responding to Environmental Issues Centered on Climate Change," which is specified as one of the management priority themes of "Materiality" from the ESG perspective in NEC's "Mid-term Management Plan 2025." NEC is also a proud member of "RE100"(4).In order to accelerate its GHG reduction initiatives, NEC has resolved to operate its Tokyo-based headquarters and the "NEC Cloud IaaS"(5) cloud infrastructure service with only renewable electricity from the fiscal year 2022. NEC will also continue to steadily reduce GHG emissions from its own activities and supply-chain, as well as contribute to the reduction of GHG emissions from its customers.Furthermore, NEC Laboratories America, Inc., which conducts research and development of cutting-edge technologies, has joined "Princeton E-ffiliates Partnership"(6), a corporate membership program administered by the Andlinger Center for Energy and the Environment at Princeton University in the United States. The Andlinger Center develops a wide range of technologies and policy measures to tackle global energy and environmental issues. The Center convenes non-profits, government entities, and leaders across industries to find solutions in energy and the environment. E-ffiliates offers companies a unique opportunity to be part of this network and engage in close collaborations with affiliated faculties from a broad range of disciplines at the university. Through E-ffiliates, NEC will explore and pursue transformational innovations needed to help realize a decarbonized society.Going forward, NEC will continue to be a leader in decarbonization by utilizing ICT technologies.(1) United Nations Global CompactEstablished by the former UN Secretary General Kofi Annan at the World Economic Forum held in 1999, the compact urges the implementation of 10 principles in 4 areas: human rights, labor standards, the environment, and anti-corruption within the scope of the influence of each company. NEC signed the compact in 2005.(2) We Mean BusinessA platform operated by international organizations, think tanks, NGOs, etc. that are promoting global warming countermeasures for companies and investors.(3) Science Based Targets (SBT) InitiativeAn international initiative to verify that a company's greenhouse gas reduction goals are consistent with scientific evidence. NEC's 1.5 ? C level target was certified by the SBT Initiative in May 2021.https://www.nec.com/en/press/202106/global_20210611_01.html(4) RE100A collaborative global initiative of influential businesses committed to 100% renewable electricity and led by The Climate Group in partnership with CDP. The Japan Climate Leaders? Partnership (JCLP) has supported the participation of Japanese companies as a regional partner.(5) NEC Cloud IaaSA safe and secure cloud infrastructure service provided by NEC. https://www.nec.com/en/global/solutions/cloud/infrastructure_service.html(6) Princeton E-ffiliates PartnershipA corporate membership program administered by the Andlinger Center for Energy and the Environment in Princeton University.https://acee.princeton.edu/e-ffiliates/ Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Singapore exploring use of carbon credits to meet climate goals

SINGAPORE - Singapore is considering using carbon credits to help it reduce its carbon footprint. In response to queries from The Straits Times, a spokesman for the Ministry of Trade and Industry (MTI) said on Wednesday (Oct 20) that Singapore's priority is to reduce its emissions through encouraging industrial energy efficiency and adopting emissions reduction measures. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

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Mitsubishi Corporation Releases Roadmap to a Carbon Neutral Society

TOKYO, Oct 18, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to announce that it has established new greenhouse-gas (GHG) emissions reduction targets and energy-transformation (EX) investment guidelines.In recognition of its multi-industry interests and business activities. MC will continue to simultaneously fulfill its responsibility to provide stable energy supply, such as natural gas, while rising to the global challenge of realizing a carbon neutral society.1. GHG Emission Reduction Targets: Halve Emissions by FY2030 (FY2020 baseline) & Achieve Net-Zero Emissions by 2050 With the ultimate aim of achieving net-zero GHG emissions by 2050, MC has established a new, GHG target for FY2030 and set out concrete reduction measures (targets now include Scope 1/2 emissions for MC's affiliates based on the equity share approach - for details refer to MC Sustainability Website).Related Page：Sustainable Website URL (https://mitsubishicorp.disclosure.site/en/themes/113#917) 2. EX Investments: 2 Trillion Yen by FY2030 MC will globally pursue EX initiatives including renewable energy, copper, natural gas, hydrogen and ammonia.3. RoadmapMC announced its "Roadmap to a Carbon Neutral Society" to its employees. Please refer to material attached.Presentation Materials (PDF) (https://www.mitsubishicorp.com/jp/en/carbon-neutral/pdf/20211018.pdf) 4.Website URL：https://www.mitsubishicorp.com/jp/en/carbon-neutral/ Contact:Mitsubishi CorporationTelephone:+81-3-3210-2171Facsimile:+81-3-5252-7705 Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Sentosa aims for net-zero carbon emissions by 2030; roadmap rolled out focusing on renewables, sustainability

SINGAPORE - Sentosa island is known for its golf courses, beaches and luxury hotels. But visitors will soon be able to appreciate another aspect of the island of fun - its luxuriant nature and green initiatives - through biodiversity tours or a ride on an electric bus. Sentosa Development Corporation (SDC), which manages the island south of the mainland, is rolling out a slew of sustainability measures in phases, with the goal of eventually bringing the island's emissions of planet-warming greenhouse gases down to net-zero by 2030. These measures were outlined at a virtual press briefing on Friday morning (Sept 17). SDC said it will start electric bus trials with transportation firm ComfortDelGro Bus next month. All of its on-island public transport is expected to be electrified by 2025. All SDC-owned carparks will also allow for electric vehicle charging by 2030. Visitors can visit the other rustic islands in Singapore's Southern Islands chain from Sentosa, when SDC starts offering ferry services via a new jetty at Sentosa Cove Village by December. Details such as ticket costs are still being worked out and will be announced later, SDC said. Currently, people can visit isles such as Kusu or St John's Island only by ferry from Marina South Pier. The first of sustainability-themed tours to increase visitors' appreciation of nature, biodiversity, and heritage on Sentosa will also begin in December, SDC said. Sentosa businesses will by next year start offering green options for meetings, incentives, conventions and exhibitions, as well as wedding packages. They will include electric guest transport, elimination of disposables and locally sourced food produce. These were among the plans laid out by SDC on Friday at the launch of the Sentosa sustainability road map, meant to flesh out how the island intends to reach net-zero emissions by 2030. This goal for Sentosa had been laid out earlier this year during the launch of the Singapore Green Plan 2030, the nation's blueprint to reduce its carbon footprint. All businesses and entities on Sentosa island produce about 162,000 tonnes of emissions every year. This is about 0.3 per cent of Singapore's total emissions profile in 2017, which was 52.5 million tonnes of greenhouse gases that year. Ms Thien Kwee Eng, SDC's chief executive, said all sustainability efforts, big or small, are important. She added: "If we are able to get this right, leveraging collective action across the Sentosa community and adopting innovative solutions - I think that is really how we want to get moving." Ms Thien added that Sentosa is a microcosm of Singapore, and that the nation's contribution to global emissions is also small at 0.11 per cent. "But we don't shirk responsibility - I think everyone has to take charge of the area within their sphere of influence, and their ability to influence," she said. The main driver of climate change today is the burning of fossil fuels for energy, as this releases planet-warming carbon dioxide into the atmosphere. Part of Sentosa's plan to reach carbon-neutrality by 2030 is to harness more renewable energy sources, including solar and tidal energy, tapping unused sea and land space on the island. There are also plans for waste-to-energy systems that use horticulture waste to generate gas for electricity. Asked if the installation of solar panels on sea space in the Singapore Strait - home to rare marine creatures such as turtles and dolphins that must surface to breathe - could impact wildlife, Ms Thien said this will be done sensitively and in consultation with the marine conservation community. She added: "Sustainability is at the core of what we do, so it cannot be done at the expense of other things. We will take careful steps in evaluating whether a location is suitable." More on this topic   Related Story Sentosa to become carbon-neutral destination by 2030   Related Story Hidden Sentosa: Spot marine marvels from feisty mantis shrimps to cool blue flatworms on a coastal tour Sentosa intends to reach its net-zero emissions goal by 2030 mainly through decarbonisation efforts, including electrifying its public transport vehicles and making buildings more energy-efficient, but will not rule out buying carbon credits to offset unabatable emissions, Ms Thien said. Asked if these initiatives will result in higher prices for visitors, Mr Lee Cheh Hsien, SDC's divisional director for planning, said some green technology, such as solar panels, are already commercially viable. He noted that there might be a cost-barrier to other technologies, but this could be overcome by leveraging economies of scale. Mr Gavin Weightman, general manager of the Shangri-La Rasa Sentosa hotel, agreed, saying Sentosa's new business alliance aimed at driving carbon neutrality across the island could help to enhance the buying power of businesses on the island. The new Sentosa Carbon Neutral Network, also announced at Friday's event, comprises 17 founding members including SDC, Shangri-La Rasa Sentosa and Resorts World Sentosa, collectively accounting for more than 90 per cent of the island's estimated carbon emissions. The aim of the network is to drive Sentosa-wide sustainability solutions through the sharing of resources and expertise, while also leveraging economies of scale and a common network to introduce large-scale solutions. Mr Weightman added: " If we go to market as a group... we're able to assist those smaller island partners, so that they can also benefit from it." More on this topic   Related Story Buildings in S'pore have to meet higher standards to be certified green under refreshed scheme   Related Story Focus on quality of green spaces in making land use decisions: Expert

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Drax and Mitsubishi Heavy Industries Sign Pioneering Deal Towards Delivery of the World’s Largest Negative Emissions Project

TOKYO, Jun 10, 2021 - (JCN Newswire via SEAPRWire.com) - Drax Group and Mitsubishi Heavy Industries Engineering, Ltd., part of Mitsubishi Heavy Industries (MHI) Group, have agreed a long-term contract for Drax to use its carbon capture technology, the Advanced KM CDR processTM, in what would be the largest deployment of negative emissions in power generation anywhere in the world.Biomass domes at Drax Power Station (Image courtesy of Drax)The contract, which combines UK innovation and world-leading Japanese technology, will see Drax license MHI's unique carbon capture solvent, KS-21TM, to capture CO2 at its power station near Selby, North Yorkshire.Drax is already the largest decarbonisation project in Europe, having converted its power station to use sustainable biomass instead of coal, reducing its emissions by more than 85%. By deploying BECCS technology, Drax aims to go further - becoming carbon negative by 2030. The first BECCS unit at Drax could be operational as soon as 2027, supporting thousands of jobs across the North of England as soon as 2024, and capturing and storing at least 8 million tonnes of CO2 a year by 2030.Drax is the first company to sign a contract to deploy carbon capture technology at scale in the UK. The project combines MHI's proven and world-leading technology with offshore geological storage under the North Sea, helping the UK achieve its target to cut carbon emissions by 78% by 2035 and demonstrates global climate leadership ahead this weekend's G7 in Cornwall and of COP26 in Glasgow in November.As part of the agreement, MHI plans to locate its core CCS team at the company's European headquarters in London and explore additional employment opportunities in the UK in future. MHI is also looking at ways to strengthen its supply chain, including the potential production of its proprietary solvent in the UK.Drax has already successfully trialled MHI's carbon capture technology in a pilot that started in 2020 to test two of MHI's proprietary solvents (KS-1TM and KS-21TM).Will Gardiner, Drax Group CEO, said: "The world urgently needs to move from making climate pledges to taking climate action. This game-changing contract between Drax and MHI could contribute to a decade of global environmental leadership from the UK and provide further stimulus to a post-Covid economic recovery."Carbon capture technologies like BECCS are going to be absolutely vital in the fight against the climate crisis. Subject to the right regulatory framework being in place, Drax stands ready to invest further in this essential negative emissions technology, which not only permanently removes CO2 from the atmosphere but also delivers the reliable, renewable electricity needed for clean, green economic growth."Kenji Terasawa, President & CEO, Mitsubishi Heavy Industries Engineering, said: "We are very proud to have been selected as Drax's technology partner and we firmly believe that our carbon capture technology will make a significant contribution to the UK and wider global community achieving their net zero targets. We look forward to expanding our presence in the UK and developing a centre of excellence for the deployment of carbon capture technology across Europe, the Middle East and Africa region."MHI aims to continue reducing greenhouse gases globally by providing reliable and economically feasible carbon capture technology, supported by research and development activity over 30 years and commercial records around the world."With an effective negative emissions policy and investment framework from the government, BECCS could be deployed at Drax as soon as 2027 - delivering the UK's largest carbon capture project and permanently removing millions of tonnes of carbon dioxide from the atmosphere each year.Drax has already kickstarted the planning process to deploy BECCS at its power station in North Yorkshire - if successful, work could get underway to build BECCS at Drax as soon as 2024, with the creation of thousands of jobs. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Budget debate: S’pore must tackle climate change while balancing trade-offs, says Teo Chee Hean

SINGAPORE - Climate change poses an existential challenge for Singapore, but the country's unique constraints mean the trade-offs it faces in cutting its emissions are much starker than what most other nations face, Senior Minister Teo Chee Hean said on Thursday (March 4). Singapore has limited alternative energy sources, land and manpower, he pointed out. "Our carbon emissions set real cross-cutting constraints on our development and the daily lives of Singaporeans," he told Parliament during a debate on the Government's sustainability plans. But the country is attempting to break out of these constraints through careful, long-term planning and innovations in policy and technology, said Mr Teo, who is also coordinating minister for national security. In a wide-ranging speech, he outlined how the nation is taking a considered, committed and collective approach to the global climate crisis. The carbon tax, for one, which covers 80 per cent of Singapore's carbon emissions, better aligns the real cost of carbon emissions with the emitter, said Mr Teo. He assured the House that the Government will be reviewing the trajectory and level of the carbon tax post-2023, in consultation with industry and expert groups. "We seek a carbon tax level that will incentivise companies and consumers to switch to carbon-friendly products, services and activities, while promoting industry innovation and new green growth," Mr Teo added. In terms of employment, Mr Teo also noted that the switch to cleaner energy will reduce demand for more carbon-intensive fossil fuels. On March 3, ExxonMobil announced that it will be cutting about 300 positions from its workforce here by the end of the year. This came after fellow oil giant Royal Dutch Shell said last November that it would be axing 500 jobs here and halving the processing capacity on Pulau Bukom in the next three years. But Mr Teo said demand for sustainable fuels, and higher value-added petrochemical products and specialty chemicals will grow. These are needed for the modern green ecosystem, such as in solar panels, batteries, thermal insulation for buildings, and durable and lightweight parts for electric vehicles, he added. He cited how Neste, the world's largest producer of renewable diesel and sustainable aviation fuel, is expanding its production capacity here. Companies will have to adjust their business models, and workers will have to shift to jobs in new areas of growth. "Many of the major energy and chemical companies in Singapore have also committed to reach net zero by 2050," he added. "Singapore will partner them in this shift." More on this topic   Related Story Singapore Green Plan 2030 to change the way people live, work, study and play   Related Story Singapore Parliament declares climate change a global emergency Overcoming constraints Under the Paris Agreement, Singapore's long-term goal is to achieve net zero emissions as soon as viable. Its shorter-term goal is to, by 2050, halve the amount of emissions it produces from its 2030 peak. Responding to MPs such as Mr Louis Ng (Nee Soon GRC) who had asked if Singapore plans to set more ambitious climate goals, Mr Teo assured them that these goals are not meant to be static. "We will press ahead with the measures which are within our control, but how soon we can achieve net zero will become clearer as we gain experience from implementing our programmes, as technology evolves, and as the modalities for international collaboration become formalised," said Mr Teo. For instance, in terms of energy, he pointed out that Singapore's ability to harness renewable energy is limited. "Within our small land space, we need to accommodate not just housing, parks and commercial centres, but also power plants, reservoirs, air and sea ports, and industries. The trade-offs are real, and often, the choices are difficult ones. We cannot wish these away," said Mr Teo. While Singapore does not have acres of land for extensive solar farms, it is tapping sunshine on other fronts - such as on rooftops and reservoirs, he said. Construction for a new solar farm on Tengeh Reservoir started last year, and when up, it will be among the world's largest such facilities, generating enough solar power to meet the demands of our five local water treatment plants. This will make Singapore one of the few in the world to have a fully green waterworks system, said Mr Teo. Water and food security are also key national priorities for the country, he noted. Singapore is leveraging science and technology to do so, he noted, pointing to Singapore's fourth desalination plant in Marina East which started operations last year. More on this topic   Related Story Budget debate: More clarity needed on Singapore's great green transition, say MPs   Related Story Singapore Green Plan 2030 outlines many existing initiatives, some new ones worth watching On the food front, the Government is encouraging farmers to harness technology through funding schemes, including the new Agri-Food Cluster Transformation Fund. "We actively engage the Agency for Science, Technology and Research and our institutes of higher learning to develop novel, resource-efficient approaches for water and food production," said Mr Teo. "These will help us break out of our constraints to secure our water and food, through careful long-term planning and innovations in policy and technology, and keep costs affordable while minimising carbon emissions," he said. On the novel food front, Singapore became the first country in the world to approve the sale of cultivated chicken - manufactured in bioreactors and which will not involve the slaughter of a live chicken - last December. He said that even as efforts are made to turn Singapore's constraints into opportunities, and to balance trade-offs with creative solutions, climate change is a challenge that requires all hands on deck. He added that he was heartened that the House had unanimously passed a motion moved by Mr Louis Ng and several of his colleagues, that acknowledged the seriousness of the global threat of climate change. More on this topic   Related Story Growing the green plan   Related Story Budget debate: No better time to future-proof jobs, education and the environment The Singapore Green Plan 2030 - an initiative of five ministries - also reflects this Government's aspirations and commitment towards sustainable development. "Many Singaporeans, especially young Singaporeans, are motivated and energised by this vision and want to play an active role," he said. "Our desire is to partner every Singaporean to transform Singapore into a global city of sustainability."

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