Published by Todd Bush on February 24, 2025
Renewable energy company Drax has announced an enhanced approach to deliver on its global sustainability targets and to enhance the way it manages its impact on the climate, nature and people.
24 February 2025
Renewable energy company Drax has announced an enhanced approach to deliver on its global sustainability targets and to enhance the way it manages its impact on the climate, nature and people.
As part of this approach, a new sustainability framework has been developed in consultation with a wide range of stakeholders, including representatives from the scientific community, academics, employees, investors and eNGOs (environmental non-government organisations).
The plan includes 26 specific, measurable and time-bound targets which will govern the business’ approach, helping to further improve how it interacts with key issues such as emissions reduction, forestry, biodiversity, water efficiency and supporting local communities.
Central to this is Drax’s ambition to reach net zero across its value chain by the end of 2040, including steps aimed at decarbonising its supply chains to prioritise the low carbon delivery of biomass fibre to Drax Power Station and moving forward with renewable power sources for its pellet plants.
>> In Other News: Trump's Energy 'Emergency' Sets Up Carbon Capture as a Solution
Key initiatives included in the new sustainability framework include:
Community giving focused on providing STEM education and green skills training for people in under-served communities in the regions where Drax operates.
Automating digital data gathering to improve sourcing governance and traceability in the company’s supply chain
Implement nature positive action plans for Drax’s sites and develop plans for Drax’s priority biomass sourcing areas to help nature thrive by the end of 2030.
Continue to develop and evaluate options to permanently remove carbon from the atmosphere via Drax and Elimini’s carbon removals projects.
Deliver biodiversity enhancements across all Drax sites and take action to support biodiversity and ecosystem resilience in Drax’s value chain by the end of 2030.
Working to represent the communities Drax operates in and prioritising health and safety for all Drax colleagues.
“Our new sustainability framework signals a significant change in the way Drax manages its impact on the environment, communities and nature. Throughout the process we have listened to and learned much from the wide variety of stakeholders who have helped us develop this plan, which will be key to helping to ensure Drax can provide renewable biomass power generation as sustainably and responsibly as possible for years to come.”
“This launch is not the end of the process, however, it is just the start. In the coming months and years, the climate crisis will become more acute. The need for action will become greater, and the role of carbon removals will become even more important. That means we will have to work even harder to aim to ensure our operations help reduce humanity’s impact on the planet.”
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
Inside This Issue 🧩 Who Gets Left Behind? Inside the Senate Plan Reshaping America's Clean Energy Future 🌿 TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioener...
Inside This Issue 🛑 BP Pauses Project to Pipe, Store Carbon Emissions Underground in Indiana Indefinitely 🤝 Deep Sky Announces Multi-Year Offtake Agreement with Rubicon Carbon 🤖 Automating Hydroge...
Industry-first framework addresses critical gaps in carbon capture verification, enabling safer, more bankable projects DNV has released a new service specification (DNV-SE-0696) for the verificat...
Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch
Clean energy and digital infrastructure projects at Cadiz expected to generate $7-$10 million per year in lease revenue and water supply sales, in addition to supporting sustainable water and farmi...
Expro Wins Well Test Contract for Major UK CCS Project
Latest contract extends Expro’s decade-plus support of the UK Carbon Capture and Storage (CCS) industry ABERDEEN, Scotland--Energy services provider, Expro (NYSE: XPRO), has secured a key contract...
MAX Power Team Identifies Rare Basement Source Rocks as Potential Natural Hydrogen Source
Multi-Well Drill Program Planned for Target-Rich Areas MAX Power Acquires Exploration Permits Covering 1.3 Million Acres Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - MAX Power M...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.