Manufacturing Magazine - August 2021 | Page 15

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What is the European CEO Alliance ?
As a single driving force of 12 European companies in technology , software , manufacturing , automotive , energy , telecommunication , mining and metals , the European CEO Alliance furthers its efforts to reduce greenhouse gas emissions and achieve carbon neutrality .

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SOUTH KOREA

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GERMANY
Porsche Calls for its Suppliers to Go Green
Furthering its sustainability efforts to rescue its CO2 emissions in its supply chain , Porsche calls for its suppliers to go green , using renewable energy exclusively for the manufacturing of Porsche components . Those unwilling to switch will no longer be considered for contracts with Porsche in the long term .
Hyundai Signs Hydrogen Fuel Cell Propulsion Systems MoU
Marking a significant milestone for Hyundai Motor Company , the automotive manufacturer is actively looking to expand its application of fuel cell system technologies into other industries , including sea vessels , railways and power generation .
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