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Carbon Offset/Carbon Credit Trading Service Market Expected to Reach USD 841.0 Million by 2027 With A CAGR Of 19.9% | Growth Market Reports

PUNE, India, Jan. 29, 2021 /PRNewswire/ — According to a recent market study published by Growth Market Reports (GMR), titled, «Carbon Offset/Carbon Credit Trading Service Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast», the market was valued at USD 210.8 Million in 2019 and is expected to grow at a healthy growth rate of 19.9% by 2027. The global carbon offset/carbon credit trading service market is anticipated to grow owing to the increasing demand for carbon credits in developed nations.

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The global carbon offset/carbon credit trading service market has been fragmented based on types, applications, and regions. Based on types, the market has been divided into industrial, household, energy industry, and others. On the basis of applications, the carbon offset/carbon credit trading service market has been segregated into REDD carbon offset, renewable energy, landfill methane projects, and others. In terms of regions, the global carbon offset/carbon credit trading service market has been categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). The North America region is further bifurcated into the US, and Canada. Latin America is split into Brazil, Mexico, and Rest of Latin America, Asia Pacific is classified as India, China, South Korea, Australia, Japan, South East Asia, and Rest of Asia Pacific. Europe is categorized into the UK, France, Germany, Italy, Spain, Russia, and Rest of Europe, and the MEA is further divided into Saudi Arabia, South Africa, UAE and Rest of Middle East & Africa.

The challenges include

Limited future demand for offsets or credits
The EU Emissions Trading Scheme is in Phase III is restricting the use of CDM credits
Lack of prompt preparation for the start of new market-based mechanisms

The carbon offset/carbon credit trading service providers can focus on implementing options to bridge the gap between the end of the first commitment period of the Kyoto Protocol and the entry into force of a new international agreement. The offering of carbon offset/carbon credit trading services, as a most advanced method for carbon trading, can create new opportunities for service providers.

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Key Takeaways from the Study:

France-based company, Aera Group, held approximately one-sixth of market share of global carbon offset/carbon credit trading service market in 2019.
Europe accounts for a major share of the global market, followed by U.S. the market in Asia Pacific is projected to expand at significant CAGR during the forecast period.
In terms of value, the industrial segment is projected to expand at a substantial CAGR during the forecast period.
In terms of market share, the renewable energy segment is anticipated to account for a significant share of the market during the forecast period.

Read 181 Pages Research Report With TOC on «Global Carbon Offset/Carbon Credit Trading Service Market by Types (Industrial, Household, Energy Industry, and Others), Applications (REDD Carbon Offset, Renewable Energy, Landfill Methane Projects, and Others), and Regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa) Size, Share And Trends»

Enquiry Before Buying of This Report: https://growthmarketreports.com/enquiry-before-buying/73

Key Segments Covered

By Types

Industrial
Household
Energy Industry
Other

By Applications

REDD Carbon Offset
Renewable Energy
Landfill Methane Projects
Others

Key Market Players Profiled in the Report

3Degrees
AERA GROUP SAS
Allcot Group
Bioassets
Biofílica
Carbon Credit Capital
CBEEX
EcoAct group
Forest Carbon
GreenTrees
Guangzhou Greenstone
Native Energy
Schneider Electric
South Pole Group
Terrapass
WayCarbon

Target Audience:

Supply-side: Carbon Offset/Carbon Credit Trading Service Traders
Demand-side: Manufacturing factories, different industries, household, energy industry
Regulatory-side: Concerned government authorities, commercial research & development (R&D) institutions, and other regulatory bodies
Associations and Industry Bodies: World Health Organization (WHO), International Organization for Standardization(ISO), Ministry of Health, Labor and Welfare (MHLW), World Trade Organization (WTO), United Nations Framework Convention on Climate Change (UNFCCC), and European Environmental Agency (EEA).

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Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, and secondary research & consumer surveys.

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SOURCE Growth Market Reports

Doha Ranked Second Safest City in the World

DOHA, Qatar, Jan. 29, 2021 /PRNewswire/ — Qatar National Tourism Council announces that as Qatar prepares to re-open its borders, Doha has been named as the second safest city in the world in Numbeo’s Crime Index by City 2021.

The index, which tracks safety in 431 cities, reaffirms the country’s outstanding level of safety and security, while strengthening Doha’s reputation as a desirable…

The index, which tracks safety in 431 cities, reaffirms the country’s outstanding level of safety and security, while strengthening Doha’s reputation as a desirable city where business and leisure travellers can enjoy award-winning hospitality, business-friendly environments and service excellence.

In 2020, Qatar retained its position as the safest country in the world, ranking number one in the Numbeo Global Index. The ranking marked the third time the country was named the safest destination worldwide in the last five years.

Chief Operating Officer of Qatar National Tourism Council, Mr. Berthold Trenkel, said: «We strive to improve and enhance the services offered to our international visitors. Doha’s ranking as the second safest city in the world this year and retaining its position as the safest country in the world last year is a testament to the institutions that contribute towards making Doha and Qatar the most welcoming and hospitable destination for our visitors and residents alike.»

Qatar is easily accessible from anywhere in the world, with national carrier Qatar Airways connecting over 160 key destinations across six continents to Doha. In addition, Qatar’s visa waiver system means over 80 nationalities can obtain visa-free entry, making it the most open country in the world.

Qatar prioritises safety along each visitor touchpoint – from its award-winning airline Qatar Airways, to navigating through Hamad International Airport, which boasts the latest cutting-edge security screening technology, as well as advanced contactless technology at security checkpoints.

QNTC, in partnership with the Ministry of Public Health (MOPH), launched the best-in-class «Qatar Clean» programme, across the country to reassure international visitors in preparation for welcoming them back to the country. The programme ensures strict standards for hygiene and cleanliness at all tourist attractions in the country. Furthermore, the country has implemented a track and trace mobile phone app for all residents and visitors to help prevent the spread of COVID-19.

Home to world-class art galleries and iconic museums, UNESCO world heritage sites and natural wonders, along with diverse landscapes across desert, beaches, and sea, and a modern capital city, Doha offers a range of unique and authentic experiences.

For more information, head to https://www.visitqatar.qa.

For media-related inquiries, please contact QNTC’s Press Office on:

+974 4499 7882 or +974 3392 4466 | pressoffice@visitqatar.qa

About Qatar National Tourism Council (QNTC)

Qatar National Tourism Council’s mission is to firmly establish Qatar on the global map as a place where cultural authenticity meets modernity, and where people of the world come together to experience unique offerings in culture, sports, business and family entertainment.

QNTC’s work is guided by the Qatar National Tourism Sector Strategy (QNTSS), which seeks to diversify the country’s tourism offering and increase visitor spending.

Since launching QNTSS, Qatar has welcomed over 14 million visitors. The economic impact of the tourism sector in Qatar is becoming increasingly visible with the government designating tourism in 2017 a priority sector in pursuit of a more diverse economy and more active private sector.

Web: www.visitqatar.qa

Twitter: @NTC_Qatar

LinkedIn: Qatar National Tourism Council

Doha Ranked Second Safest City in the World

The index, which tracks safety in 431 cities, reaffirms the country’s outstanding level of safety and security, while strengthening Doha’s reputation as a desirable…

For more information, head to https://www.visitqatar.qa.

For media-related inquiries, please contact QNTC’s Press Office on:

+974 4499 7882 or +974 3392 4466 | pressoffice@visitqatar.qa

About Qatar National Tourism Council (QNTC)

QNTC’s work is guided by the Qatar National Tourism Sector Strategy (QNTSS), which seeks to diversify the country’s tourism offering and increase visitor spending.

Web: www.visitqatar.qa

Twitter: @NTC_Qatar

LinkedIn: Qatar National Tourism Council

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SOURCE Qatar National Tourism Council

Fury Motors Saint Paul launches 0% APR financing on the 2021 Jeep Grand Cherokee and 2021 Dodge Durango

SAINT PAUL, Minn., Jan. 29, 2021 /PRNewswire-PRWeb/ — Mid-winter has reached the Midwest, and it’s around this time that residents begin to covet the element-conquering allure that large SUVs provide. That’s why Fury Motors Saint Paul is offering area drivers 0% APR financing on select 2021 Jeep Grand Cherokee and 2021 Dodge Durango models from now through March 1. During this time, the dealership is offering 0% APR financing for up to 72 months for well-qualified buyers…

The audacious duo covers a wide range of needs for discerning customers whether they’re looking to conquer harrowing off-road conditions or command the freeway with a domineering on-road presence. Named the most awarded SUV ever, the 2021 Jeep Grand Cherokee combines premium trappings with legendary off-road capability courtesy of its esteemed selection of available four-wheel drive systems. The 2021 Dodge Durango matches that level of tenacity with muscle-car inspired styling and an engine selection that ranges from aggressive to authoritarian.

The 0% APR financing offer applies only to select 2021 Jeep Grand Cherokee and 2021 Dodge Durango models in stock at Fury Motors Saint Paul. The pool of eligible models excludes SRT® and Jeep Grand Cherokee Trackhawk® models. Eligibility is subject to credit approval by Chrysler Capital.

Interested parties are encouraged to speak with a dealership representative for complete offer details by calling the dealership’s sales department at 888-449-3307, or by visiting the Fury Motors Saint Paul store in person at 1000 Concord St. in Saint Paul, Minn. The dealership’s current inventory and other ongoing incentives are available to view online at the Fury Motors Saint Paul website, https://saintpaul.furymotors.com/.

Media Contact

Jason Pearson, Fury Motors Saint Paul, (888) 449-3307, jpearson@furymotors.com

SOURCE Fury Motors Saint Paul

Texas Trees Foundation, Target and Arbor Day Foundation Host Community Tree Planting Event in Veterans Park

DALLAS, Jan. 29, 2021 /PRNewswire/ — On Feb. 2, Texas Trees Foundation will partner with Target and the Arbor Day Foundation to plant 50 trees in Veterans Park in Dallas, Texas. The 50 trees planted by volunteers recruited by the City of Dallas will combat Dallas’ urban heat island, contribute to its overall tree canopy, and provide healthy, safe and green outdoor spaces for generations to come.

North…

North Texas residents are encouraged to register to volunteer at the event by visiting Dallas Parks and Recreation’s website. Volunteers must wear a mask at all times during the planting and follow recommended COVID-19 safety guidelines.

«We are proud to encourage and support local efforts to plant trees. Cities and towns around the globe that line their streets and fill their parks with trees are building healthier, happier communities,» said Dan Lambe, Arbor Day Foundation president.

Texas Trees Foundation’s Urban Heat Island Management Study found that Dallas is heating up faster than every city in the country except for Phoenix.

Heat-related deaths in the United States account for more deaths annually than all other natural disasters combined, and tree plantings in the hottest areas with high density residential was found to reduce deaths by more than 20 percent.

«Texas Trees Foundation is focused on making spaces cooler, greener and cleaner, and data has long affirmed that planting trees is vital to achieve this laudable and critical goal,» said Janette Monear, CEO/President of Texas Trees Foundation. «These new trees at Veterans Park will provide an outdoor sanctuary for North Texas residents to experience the joy nature can provide.»

To learn more about the Veterans Park planting event, please visit texastrees.org/projects/branchingout or email Joshua Wilbanks at joshua@texastrees.org.

Related Files

Media Alert – Veterans Park 2.2.21.pdf

Related Images

texas-trees-foundation-planting-day.png
Texas Trees Foundation Planting Day

Texas Trees Foundation Planting Projects

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SOURCE Texas Trees Foundation

Talos Energy Comments On Recent Regulatory Actions And Remains Well-Positioned To Execute Core Business Plan And Generate Shareholder Value

HOUSTON, Jan. 29, 2021 /PRNewswire/ — Talos Energy Inc. («Talos,» or the «Company») (NYSE: TALO) today commented on recent Secretarial and Executive Orders (the «Orders») pertaining to oil and natural gas activities on federal lands and reiterated its ability to continue normal operations for both existing production and future drilling projects.

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Talos does not expect any material near-term impact to its business model, operating plans or ability to continue generating long-term shareholder value from the recently announced Orders. Specifically, last week’s Secretarial Order 3395 temporarily revised delegations of authority within the Department of the Interior for approvals of leases and permits outside of existing ongoing operations for the next 60 days, and does not constitute a ban or moratorium. Furthermore, as stated in this week’s Department of the Interior news release, the Executive Order issued on Wednesday places a pause on new leasing activities in federal lands, but it has no impact on existing operations or permits for existing leases, which are continuing to be reviewed and approved. Thus, Talos does not expect any material near-term impact to its current production or its ability to conduct development, exploitation and exploration activities across the Company’s significant footprint of approximately 1.5 million gross acres. Additionally, Talos expects to continue its highly active business development efforts across the industry’s 11.7 million acres of active federal leases in the U.S. Gulf of Mexico.

President and Chief Executive Officer Timothy S. Duncan commented: «Despite the current regulatory environment, we do not see any material impediments to continuing to execute our business – providing reliable, secure, affordable, domestic energy resources to supply our society while operating in a safe, environmentally and socially responsible way. There is no doubt that oil and natural gas play a crucial role in our daily lives, supplying the growing demand for energy to generate electricity, fuel cars and airplanes and power domestic manufacturing. This demand is best supplied with our own domestic resources, rather than importing from abroad, which would increase emissions, increase costs to consumers, decrease government revenues, reduce security and destroy American jobs.»

Duncan continued: «The offshore segment of our industry is a leader in ESG matters, among numerous other critical issues. Production from the Gulf of Mexico has a highly competitive carbon intensity relative to other basins. We operate under some of the strictest regulatory standards in the world with a minimal physical footprint in remote locations away from towns and cities, and our production flows to market through pipelines instead of on trucks and trains. Offshore production in the Gulf of Mexico generated over $5 billion in government revenues for taxpayers in 2019, over $1 billion of which went directly to funding national parks through the Land and Water Conservation Fund. Lastly, the offshore oil and gas supply chain supports almost 350,000 jobs spanning all 50 states. At Talos, we are proud to provide products that are essential to modern daily life. We are equally proud to be a safe, responsible and positive force in our communities and are continuously working to improve performance in ESG focus areas, particularly with regard to emissions. As an industry leader, we intend to play an active role in continuing to educate our stakeholders on the role that our Company plays in powering our country.»

ABOUT TALOS ENERGY

Talos Energy (NYSE: TALO) is a technically driven independent exploration and production company focused on safely and efficiently maximizing cash flows and long-term value through its operations, currently in the United States Gulf of Mexico and offshore Mexico. As one of the U.S. Gulf of Mexico’s largest public independent producers, we leverage decades of geology, geophysics and offshore operations expertise towards the acquisition, exploration, exploitation and development of assets in key geological trends that are present in many offshore basins around the world. Our activities in offshore Mexico provide high impact exploration opportunities in an oil rich emerging basin. For more information, visit www.talosenergy.com.

INVESTOR RELATIONS CONTACT

Sergio Maiworm
+1.713.328.3008
investor@talosenergy.com

CAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTS

This communication may contain «forward-looking statements» within the meaning of Section 27A of the Securities Act of 1933, as amended (the «Securities Act»), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in this communication, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this communication, the words «could,» «believe,» «anticipate,» «intend,» «estimate,» «expect,» «project,» «forecast, «may,» «objective,» «plan» and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events.

We caution you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include, but are not limited to, the impact on our business of current and proposed regulatory actions, including the recent executive orders issued by the Biden Administration and including with respect to repairs to the Ram Powell facility, commodity price volatility, the impact of the ongoing coronavirus disease 2019 («COVID-19») and governmental measures related thereto on global demand for oil and natural gas and on the operations of our business, the ability or willingness of the Organization of Petroleum Exporting Countries («OPEC») and non-OPEC countries, such as Saudi Arabia and Russia, to set and maintain oil production levels and the impact of any such actions, the impact of hurricanes and other storms, inflation, lack of availability of drilling and production equipment and services, environmental risks, drilling and other operating risks, regulatory changes, the uncertainty inherent in estimating reserves and in projecting future rates of production, cash flow and access to capital, the timing of development expenditures, the possibility that the anticipated benefits of recent acquisitions are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of such acquisitions, and other factors that may affect our future results and business, generally, including those discussed under the heading «Risk Factors» in our Annual Report on Form 10-K for the year ended December 31, 2019 and our Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2020.

Should one or more of these risks occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. All forward-looking statements, expressed or implied, are expressly qualified in their entirety by this cautionary statement. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that we or persons acting on our behalf may issue. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, to reflect events or circumstances after the date of this communication.

Estimates for our future production volumes are based on assumptions of capital expenditure levels and the assumption that market demand and prices for oil and gas will continue at levels that allow for economic production of these products. The production, transportation, marketing and storage of oil and gas are subject to disruption due to transportation, processing and storage availability, mechanical failure, human error, hurricanes and numerous other factors. Our estimates are based on certain other assumptions, such as well performance, which may vary significantly from those assumed. Therefore, we can give no assurance that our future production volumes will be as estimated.

This communication may also contain statements based on hypothetical or adverse scenarios and assumptions, and these statements should not necessarily be viewed as being representative of current or actual risk or forecasts of expected risk. In addition, while future events discussed in this communication may be significant, any significance should not be read as necessarily rising to the level of any specific definition of materiality, including the definitions of materiality used pursuant to federal securities laws.

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SOURCE Talos Energy

New 96-Suite Hotel Opens its Doors Welcoming Guests to the Downtown Tampa Area

TAMPA, Fla., Jan. 29, 2021 /PRNewswire-PRWeb/ — The TownePlace Suites by Marriott Tampa East/I-4 opened for business on January 27th. The new 96-suite hotel is built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and easily connect to the Downtown Tampa area. Located at 6202 East Dr. Martin Luther King Jr. Blvd, it will operate as a Marriott franchise, owned by RAM Tampa LLC of Tampa, FL and managed by Naples Hotel Group or Naples, FL.

«We are excited to open the TownePlace Suites Tampa East/I-4 and welcome it to our portfolio,» said Phil Tandett, Executive Vice President of Operations for Naples Hotel Group. «Our team went above and beyond to open this hotel in a short amount of time for Super Bowl LV events in the upcoming week.»

All service team members are thoroughly trained on local knowledge and look forward to connecting guests to the local area. The hotel brand’s signature floor-to-ceiling TowneMap® also helps guests instantly acclimate to the area by featuring great places to eat, play, and live. The TownePlace Suites Tampa East/I-4 is located just minutes from Downtown Tampa and 25 minutes from Tampa International Airport. The new hotel offers guests convenient access to Ybor City, Raymond James Stadium, and the Florida State Fairgrounds. This is the first of Marriott’s new TownePlace Suites Gen 5 prototype to open in the U.S. and the 450th TownePlace franchise location.

Ideal for travelers who need accommodations for more extended stays, this new property offers studio and one-bedroom suites with fully equipped kitchens, as well as separate living/working and sleeping areas. Guests can work and relax on their terms in modern suites that feature full kitchens with stainless steel appliances and granite countertops, adjustable workspaces with built-in shelves and lighting, a large flat-screen television, as well as luxurious new bedding. Most rooms also feature the Home Office™ Suite, designed to provide guests with plenty of storage and flexible space to spread out and make it their own.

The TownePlace Suites Tampa East/I-4 allows guests to maintain a healthy lifestyle with an array of food options. While on the property, guests are served complimentary breakfast every morning in the lobby area and can fire up their stay by grilling up dinner on the outdoor Weber grills. The 24-hour In a Pinch® market and On Us® coffee service offer guests the chance to get their snack and caffeine on whenever they feel the need.

TownePlace Suites helps its guests stay organized on the road with its partner, The Container Store. While staying at the hotel, travelers can unpack their suitcase in a custom elfa® closet. From drawers to shelves to smart hanging space, you’ll find everything you need to make you feel right at home. Other hotel amenities include an outdoor swimming pool, a fitness center open 24 hours per day, a meeting room, laundry facilities, complimentary Wi-Fi throughout the hotel, and on-site business services, including copying, faxing, and printing. As a brand, TownePlace Suites recognizes that families may include more than just humans, which is why the TownePlace Suites Tampa East/I-4 is pet-friendly (fees may apply).

About Naples Hotel Group
Naples Hotel Group is a hotel development and management company based in Florida and prides itself on building long-term relationships with quality people and organizations. The Naples, FL hotel group specializes in Hotel Management and Development of upscale limited and select-service hotels. Naples Hotel Group has achieved superior results and has a proven ability to enhance hotels’ performance by using their experience, responsiveness, and extensive resources. For more information about Naples Hotel Group, visit http://www.napleshotelgroup.com, and connect on LinkedIn, Twitter, and Instagram.

Media Contact

Brittany Bou-Sliman, Naples Hotel Group, 239-206-4273, brittany@napleshotelgroup.com

Twitter, LinkedIn, Facebook

SOURCE Naples Hotel Group

Johnson Controls Unveils Ambitious Sustainability Commitments, Accelerates Vision for a Healthy, Sustainable Planet

CORK, Ireland, Jan. 29, 2021 /PRNewswire/ — Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced new environmental, social and governance (ESG) commitments, science-based targets as well as a net zero carbon pledge to support a healthy, more sustainable planet over the next two decades. The company’s and customers’ emissions reduction will be driven by Johnson Controls’ OpenBlue technologies and innovations which leverage big data and artificial intelligence to optimize buildings sustainability.

«Sustainability is at the heart of our business and fundamental to everything that we do as a company»

«Sustainability is at the heart of our business and fundamental to everything that we do as a company,» said George Oliver, chairman and CEO, Johnson Controls. «Today’s announcement reinforces our continued commitment to developing best in class climate solutions, and OpenBlue will empower our customers to streamline building operations and uncover energy efficiencies that will help meet their environmental goals. We continue to make sustainability a top priority for the company, our customers and our suppliers, and have set ambitious goals that will drive significant improvements in carbon emissions.»

New ESG Commitments
The launch of the new commitments will enable Johnson Controls to deliver quantifiable efforts to reduce carbon emissions, drive climate-focused innovation and work closely with customers and suppliers to meet sustainability goals as well as measurable impact against its three key OpenBlue healthy building pillars: healthy people, healthy places and a healthy planet. These commitments are:

Environmental Sustainability Commitments:

Set science-based targets consistent with the most ambitious 1.5°C Intergovernmental Panel on Climate Change scenario
Reduce Johnson Controls’ operational emissions by 55 percent and reduce customers’ emissions by 16 percent before 2030
Achieve net zero carbon emissions before 2040, in line with the United Nations Framework Convention on Climate Change Race to Zero and Business Ambition for 1.5°C criteria
Invest 75 percent of new product development R&D in climate-related innovation to develop sustainable products and services
Achieve 100 percent renewable electricity usage globally by 2040

Customer and Supply Chain Commitments:

Double annual avoided emissions by 2030 through customer use of Johnson Controls OpenBlue digitally enabled products and services
Create a supplier sustainability council with cohorts of suppliers, and their tier-one suppliers, and provide suppliers with training on sustainability best practices and OpenBlue digital tools in order to meet ambitious, public sustainability goals
Weight sustainability equal to other key metrics in supplier performance evaluations and provide a preference for suppliers with excellent sustainability ratings

Social and Governance Sustainability Commitments:

Intends to double the representation of women leaders globally and minority leaders in the United States within five years
Launch an initiative to educate the next generation of diverse sustainable building industry leaders, in partnership with HBCUs
Include sustainability and diversity goals in senior leaders’ performance assessments, which are linked to executive compensation to drive accountability
Launch an initiative focused on underserved markets and increase Johnson Controls’ spend with women and minority owned businesses

«Our commitments reinforce the urgency to make positive changes that will improve the health of our planet, and we believe we are uniquely positioned to help customers and suppliers achieve their sustainability goals, in addition to our own,» said Katie McGinty, vice president & chief sustainability, government and regulatory affairs officer at Johnson Controls. «We are excited to step up the role we play and will continue to innovate and uncover new pathways to meet our goals which will contribute to healthier people, healthier places and a healthier planet.»

OpenBlue Support for Customer Sustainability Initiatives

Johnson Controls is committed to supporting its customers’ sustainability and carbon reduction efforts through its OpenBlue platform. The OpenBlue Enterprise Manager can deliver up to 30% energy savings in buildings and a corresponding drop in CO₂ emissions. Notably, the platform was recently used to identify over $100,000 in savings after just 30 days for a large customer portfolio. Powered by artificial intelligence and machine learning, the platform facilitates real-time monitoring, benchmarking and analysis of energy consumption and demand. It also enables customers to produce indoor environmental quality reports to help achieve healthy building and wellness certifications.

Education Initiative to Diversify the Buildings Workforce and Train Future Sustainability Leaders

The way in which buildings are designed, managed and maintained has a significant environmental and social impact on building occupants. As such, Johnson Controls, in partnership with HBCUs, will launch an initiative to develop and implement an educational program that will support the training and education of more than one thousand sustainability champions from HBCUs and selected universities around the world in environmental sustainability, energy equity, healthy building practices and building decarbonization solutions. The company’s nine global OpenBlue Innovation Centers will also provide the students with support in the application of digital tools to improve new and existing buildings.

As a leader in the buildings space for 135 years, Johnson Controls has been a pioneer in sustainability and is ranked in the top 12 percent of climate leadership companies globally by CDP and was named one of Corporate Knights’ Global 100 Most Sustainable Companies. Recently George Oliver has been named Chairman of the Business Roundtable Energy and Environment Committee where he is driving policies that preserve the environment and maximize sustainable energy options. Johnson Controls is taking significant steps to drastically improve its environmental impact while empowering customers and future generations to consume less energy, conserve resources, and identify pathways to achieving healthy, net zero carbon communities.

About Johnson Controls:
At Johnson Controls, we transform the environments where people live, work, learn and play. From optimizing building performance to improving safety and enhancing comfort, we drive the outcomes that matter most. We deliver our promise in industries such as healthcare, education, data centers and manufacturing. With a global team of 100,000 experts in more than 150 countries and over 130 years of innovation, we are the power behind our customers’ mission. Our leading portfolio of building technology and solutions includes some of the most trusted names in the industry, such as Tyco®, YORK®, Metasys®, Ruskin®, Titus®, Frick®, Penn®, Sabroe®, Simplex®, Ansul® and Grinnell®. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

INVESTOR CONTACTS:	MEDIA CONTACTS:

Antonella Franzen	Chaz Bickers
Direct: 609.720.4665	Direct: 224.505.9290
Email: antonella.franzen@jci.com	Email: charles.norman.bickers@jci.com

Ryan Edelman	Michael Isaac
Direct: 609.720.4545	Direct: +41 52 6330374
Email: ryan.edelman@jci.com	Email: michael.isaac@jci.com

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SOURCE Johnson Controls International plc

Fluid Transfer System Market worth $24.7 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 29, 2021 /PRNewswire/ — According to the new market research report «Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel, Stainless Steel), On & Off-Highway, EV and Region- Global Forecast to 2025″, published by MarketsandMarkets™, the Fluid Transfer System Market is projected to grow at a CAGR of 6.7% from 2020 to 2025, and the market size is expected to grow from USD 17.8 billion in 2020 to USD 24.7 billion by 2025. Stringency in emission norms and demand for enhanced fuel economy are projected to drive the Fluid Transfer System Market.

Browse in-depth TOC on «Fluid Transfer System Market»
148 – Tables
49 – Figures
229 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 163311077

AC lines segment will hold the largest share of the Fluid Transfer System Market

Increase in superior cabin experience has propelled to ever-increasing the growth of the AC lines market. Today, almost all the vehicles that are manufactured are equipped with an air conditioning system. Thus, there is tough competition between automakers to provide enhanced comfort. This competition has increased pressure on OEMs to deliver technologically advanced automotive air conditioning systems. Also, the increasing popularity of premium vehicles, has driven the adoption of rear AC system. Thus, the increasing demand for rear air conditioning has also driven the growth of AC lines and is expected to grow further in coming years.

PC is the fastest-growing segment for fluid transfer system as it is witnessing increasing usage of SCR and DPF

The passenger car segment is estimated to hold the largest market share of the Fluid Transfer System Market during the forecast period. In addition, the implementation of Euro 6 and EPA Tier 3 norms for passenger cars demands a 100% DPF deployment. Alternatively, the demand for SCR has increased in developed countries to comply with existing emission standards for NOx gases.
Also, the growing demand for cars equipped with TGDI is expected to significantly drive the sales of passenger car turbo coolant lines. Thus, with upcoming regulations like China 6 a and 6b and India’s BS-VI, the markets for turbochargers, DPF, and SCR are expected to grow at a prominent rate in the coming years and boost the market for fluid transfer systems in passenger cars.

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 163311077

Asia Pacific is estimated to be the largest geographical segment of the Fluid Transfer System Market

The upcoming emission norms in Asia Pacific are the most prominent driving forces for the Fluid Transfer System Market. For instance, China implemented China 6a & 6b, India implemented BS VI norms in 2020. Also, At the same time, the demand for luxury cars has increased considerably. The increase in demand for vehicles, especially premium passenger cars, has accentuated the need for cabin comfort and luxury and enhanced the demand for better air conditioning systems and suspension technologies. OEMs are also shifting focus on direct injection engines for gasoline cars (TGDI) to meet the upcoming emission norms, and this trend is expected to grow rapidly during the forecast period. Thus, the market for fluid transfer systems in the region is expected to grow significantly in the coming years.

The Fluid Transfer System Market is dominated by global players and comprises several regional players as well. The key players in the Fluid Transfer System Market are Cooper Standard (US), Kongsberg (Switzerland), TI fluid systems (UK), Contitech (Germany), Akwel (France), Hutchinson (France), Lander automotive (UK), Tristone (Germany), Castello Italia (Italy), and Gates (US).

Browse Related Reports:

Thermal System Market for Automotive By Application (Front & Rear AC, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Electric & ICE Components, Vehicle Type and Region – Global Forecast to 2027

Catalytic Converter Market by Type (FWCC, TWCC, SCR, DOC, and LNT), Material (Platinum, Palladium, and Rhodium), Vehicle Type (Passenger Cars, LCV, Bus & Truck, Construction, and Agriculture & Mining), Aftermarket and Region – Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/fluid-transfer-system-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/fluid-transfer-system.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Autor venredPublicado el 29 enero, 2021Categorías Hispanicmotorpress

Fluid Transfer System Market worth $24.7 billion by 2025 – Exclusive Report by MarketsandMarkets™

CHICAGO, Jan. 29, 2021 /PRNewswire/ — According to the new market research report «Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel,…

CHICAGO, Jan. 29, 2021 /PRNewswire/ — According to the new market research report «Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant, Engine & Battery Cooling, Air Brake), Material (Al, Rubber, Nylon, Steel, Stainless Steel), On & Off-Highway, EV and Region- Global Forecast to 2025″, published by MarketsandMarkets™, the Fluid Transfer System Market is projected to grow at a CAGR of 6.7% from 2020 to 2025, and the market size is expected to grow from USD 17.8 billion in 2020 to USD 24.7 billion by 2025. Stringency in emission norms and demand for enhanced fuel economy are projected to drive the Fluid Transfer System Market.

Browse in-depth TOC on «Fluid Transfer System Market»
148 – Tables
49 – Figures
229 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id= 163311077

AC lines segment will hold the largest share of the Fluid Transfer System Market

Increase in superior cabin experience has propelled to ever-increasing the growth of the AC lines market. Today, almost all the vehicles that are manufactured are equipped with an air conditioning system. Thus, there is tough competition between automakers to provide enhanced comfort. This competition has increased pressure on OEMs to deliver technologically advanced automotive air conditioning systems. Also, the increasing popularity of premium vehicles, has driven the adoption of rear AC system. Thus, the increasing demand for rear air conditioning has also driven the growth of AC lines and is expected to grow further in coming years.

PC is the fastest-growing segment for fluid transfer system as it is witnessing increasing usage of SCR and DPF

The passenger car segment is estimated to hold the largest market share of the Fluid Transfer System Market during the forecast period. In addition, the implementation of Euro 6 and EPA Tier 3 norms for passenger cars demands a 100% DPF deployment. Alternatively, the demand for SCR has increased in developed countries to comply with existing emission standards for NOx gases.
Also, the growing demand for cars equipped with TGDI is expected to significantly drive the sales of passenger car turbo coolant lines. Thus, with upcoming regulations like China 6 a and 6b and India’s BS-VI, the markets for turbochargers, DPF, and SCR are expected to grow at a prominent rate in the coming years and boost the market for fluid transfer systems in passenger cars.

Request FREE Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id= 163311077

Asia Pacific is estimated to be the largest geographical segment of the Fluid Transfer System Market

The upcoming emission norms in Asia Pacific are the most prominent driving forces for the Fluid Transfer System Market. For instance, China implemented China 6a & 6b, India implemented BS VI norms in 2020. Also, At the same time, the demand for luxury cars has increased considerably. The increase in demand for vehicles, especially premium passenger cars, has accentuated the need for cabin comfort and luxury and enhanced the demand for better air conditioning systems and suspension technologies. OEMs are also shifting focus on direct injection engines for gasoline cars (TGDI) to meet the upcoming emission norms, and this trend is expected to grow rapidly during the forecast period. Thus, the market for fluid transfer systems in the region is expected to grow significantly in the coming years.

The Fluid Transfer System Market is dominated by global players and comprises several regional players as well. The key players in the Fluid Transfer System Market are Cooper Standard (US), Kongsberg (Switzerland), TI fluid systems (UK), Contitech (Germany), Akwel (France), Hutchinson (France), Lander automotive (UK), Tristone (Germany), Castello Italia (Italy), and Gates (US).

Browse Related Reports:

Thermal System Market for Automotive By Application (Front & Rear AC, Engine & Transmission, Seat, Steering, Battery, Motor, Power Electronics, Waste Heat Recovery), Technology, Electric & ICE Components, Vehicle Type and Region – Global Forecast to 2027

Catalytic Converter Market by Type (FWCC, TWCC, SCR, DOC, and LNT), Material (Platinum, Palladium, and Rhodium), Vehicle Type (Passenger Cars, LCV, Bus & Truck, Construction, and Agriculture & Mining), Aftermarket and Region – Global Forecast to 2025

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the «Growth Engagement Model – GEM». The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write «Attack, avoid and defend» strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, «Knowledge Store» connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/fluid-transfer-system-market.asp
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/fluid-transfer-system.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Autor venredPublicado el 29 enero, 2021Categorías Marco carvajal

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