Remove .Net Remove Airlines Remove Sustainability
article thumbnail

Corporate sustainability initiatives may open doors for carbon offset startups

TechCrunch

Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.

article thumbnail

ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

Our most recent milestone achievements are closing the gap for the airline industry to begin its transition away from fossil fuels. In fact, over ten forward-looking airlines are now gearing up to implement our powertrains when they are ready in 2023,” Miftakhov said in a statement. Image Credit: ZeroAvia. But] we are already too late.

.Net 195
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sylvera takes $32M to build trust in carbon offsetting ratings

TechCrunch

We’ll use the funding to expand our coverage so that, with our ratings, corporate sustainability leaders, carbon traders, and policymakers will have clarity, confidence and choice when evaluating and investing in carbon projects. Corporate sustainability initiatives may open doors for carbon offset startups.

article thumbnail

Carbon Offset in Aviation Explained: How ICAO CORSIA Helps Airlines Get Closer to Net Zero

Altexsoft

Aviation is one of the major sources of greenhouse gasses, so airlines must adopt effective strategies to decarbonize their operations. IATA and its members committed to go net zero by 2050, which sounds great, but the problem is that the amount of air traffic is forecasted to be more than 3 times greater by that time. They include.

article thumbnail

Achieving Net Zero aviation will need rapid innovation. Digital engineering can deliver it

Capgemini

Achieving Net Zero aviation will need rapid innovation. Digital engineering can deliver it Capgemini Engineering 16 Feb 2023 Facebook Twitter Linkedin The aviation industry is committed to net zero emissions by 2050. If one company were to create a breakthrough product, there would likely be a rush from airlines to acquire it.

.Net 52
article thumbnail

IATA Explained: The Role of International Air Transport Association in the Aviation Industry

Altexsoft

IATA or the International Air Transport Association is a global trade association of airlines (both freight and passenger carriers) that regulates the aviation industry by developing standards, procedures, and practices. As of today, its members are 290 airlines in 120 countries comprising around 82 percent of total air traffic.

article thumbnail

List of Best Companies in Dubai

Xicom

The Emirates Group comprises dnata, an aviation services company providing ground handling services at 78 airports, and Emirates Airline, the largest airline in the Middle East. Emirates Airlines are known for its high quality services having high level of reliability. This airline has 170 aircraft on order worth US$58 billion.

Company 11