Han Yong Teo’s Post

Angulo Martínez is delighted to share its contribution for the #inaugural edition of the Chambers and Partners RENEWABLE ENERGY 2024 Global Practice Guide. As the first decade of developments around renewable electricity in #Colombia is completed this year, wrapping-up a satisfying twofold process of #reshaping the #energy sector and fostering a cultural change, this inaugural edition is a landmark towards the #recognition of #electricity as a separate category in the legal industry - a process for which Angulo Martínez is immensely grateful to have been leading actively since its fundation in 2016. In the overall, the #energy #transition has been a period of #empowering #users and #redefining legacy dynamics towards a more #sustainable society. We invite you all to read our overview for more expert commentary on the legal issues around Electricity and Renewables in Colombia, its foundational layers and challenges ahead. Find the whole article here 👉 https://lnkd.in/esz5D2Qj

💼 ESCOs Boosted by EU Green Deal Investments… The EU’s Green Deal is pumping billions into energy efficiency projects, providing ESCOs with new funding opportunities. By 2030, the market is set to grow by 10% annually. More industries are opting for Performance Contracting, where ESCOs guarantee energy savings. It’s a win-win for businesses and the environment. #EUGreenDeal #EnergyPerformance

In FY24, Lumentum made substantial progress toward its environmental goals, moving closer to achieving #NetZero emissions: 🌍 Reduced Scope 1 and Scope 2 greenhouse gas emissions by 38% from the previous year, despite acquiring a new company. ⚡ Increased renewable electricity procurement to 79%, compared to 61% last year. 🏭 Transitioned three more sites to 100% renewable electricity, bringing the total to 14 sites. ☀️ Began solar power generation at two major sites: Navanakorn, Thailand, and San Jose, California. 🎯 Submitted Science Based Targets for validation by the Science-Based Targets initiative, aligning our targets with climate science. Learn more about our journey toward #sustainability in the 2024 Corporate Sustainability Report: https://bit.ly/4hvV1D9 #CSR #ClimateAction #RenewableEnergy #GreenFuture

Climate change is one of the most pressing issues we face and we all have a role in minimising the impact we have on the planet. I’m delighted that ALG is playing its part by committing to reduce our carbon footprint by 50% by 2030, through our ambitious responsible business strategy ‘Our future with purpose’. I look forward to us reporting on our progress as we strive towards being a net-zero business by 2050. #ScienceBasedTargets #SBTi #ResponsibleBusiness

Enaon at the 8th Sustainability Summit for Southeast Europe and the Mediterranean   The CEO of Enaon, Mrs. Barbara Morgante, had the privilege of speaking at the 8th Sustainability Summit for Southeast Europe and the Mediterranean, “hosted by Economist Impact SE Europe Events in collaboration with SDSN Greece, under the auspices of H.E. the President of the Republic.   During the session titled "Greece's Energy Transition: An Evaluation," Mrs. Morgante highlighted the key role that gas distribution infrastructure plays in the energy ecosystem. Natural gas infrastructure is crucial for addressing the energy trilemma. It offers a cost-effective solution that ensures energy security, competitive pricing, and supports the ecological transition. Gas Networks are positioned to meet the diverse energy needs acting as a vital link within Greece’s energy system.     #EconSustainability #Enaon #EnaonEDA #EnergyTransition #Sustainability #GasInfrastructure #GreenEnergy

ALG has committed to reduce our carbon footprint by 50% by 2030 as part of our responsible business strategy called ‘Our future with purpose – ALG’s commitment to sustainability’. Our emissions reduction targets have been validated and approved by the Science Based Targets initiative: https://lnkd.in/gQb-B37P Our targets include reducing scope 1 and 2 emissions by 66% and reducing scope 3 emissions by 46% by 2030, and using 100% renewable energy for our Dublin, Belfast and London offices by 2030. David Widger, ALG Managing Partner, said: “Committing to reduce our carbon footprint by 50% is a significant milestone in our strategy to limit the impact we have on our planet. It’s right for our business, it’s right for our people and it’s right for our environment.” #ScienceBasedTargets #SBTi #ResponsibleBusiness

Bord na Móna has today announced its annual results, achieving a record operating profit of €106.7 million for FY24. This success is a testament to the completion of our strategic 'Brown to Green' transformation. Commenting on the results, TOM DONNELLAN, Chief Executive, highlighted: “This financial milestone underlines our successful transition from traditional peat operations to a leading renewable energy and climate solutions company. The €106.7 million operating profit reflects our robust financial health enabling us to invest further in our 5GW renewable energy pipeline. This will solidify our position as Ireland’s largest renewable energy provider, supporting the nation's climate action goals and contributing to a sustainable future. I would like to thank our management, employees and all stakeholders, once again, for their continued commitment from the very first, challenging steps on this journey. We face into FY25, and beyond, from a position of strength.” #renewableenergy #sustainability #BordnaMóna #greenfuture #sustainable #financialsuccess #ireland

🌐 2024 Cluster Panorama: Findings for a resilient European economy The #ECCP's report gives a comprehensive overview of Europe's growing cluster landscape 🔹 The ECCP currently profiles approximately 1,200 cluster organisations in the EU27 🔹 83% of all members of EU cluster organisations are SMEs 🔹 45% of EU clusters are in the digital and renewable energy ecosystems - well placed to tackle the twin transition! Read the report to find out how cluster organisations and policies are vital to fostering resilient, green and digital industrial ecosystems in regional economies across the EU!👇 https://lnkd.in/dvauEGM

Sharing this interesting piece from my Arup colleagues on the role of ports as green energy hubs. 🌍 At Arup, we're exploring how energy and low carbon molecules can be integrated into global supply chains for a sustainable future. #GreenEnergy #Sustainability #WeareArup

Ports themselves are decarbonising, but importantly they are also transforming to support the wider energy transition. By recognising the strategic role they are playing on the route to net-zero, policy makers, investors and ports themselves can accelerate climate action and unlock multiple benefits for local communities. We've explored some of the existing and emerging roles ports are playing, and some key lessons from our recent projects supporting action in this space. #arup #maritime #ports #energytransition #netzero