Tag Archives: Climate Action

European Investment Bank Group Records Historic €2.91 Billion Financing for Swedish Projects in 2023

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) provided a record-breaking €2.91 billion in financing for 32 projects in Sweden. The majority of funding (76.7%) was allocated to climate action and environmental sustainability initiatives, with notable support … Read the full press release

EIB Group and Deutsche Leasing Romania Forge €335 Million Agreement to Boost Small Business Financing and Climate Action

(IN BRIEF) The European Investment Bank Group (EIB Group) collaborates with Deutsche Leasing Romania IFN SA (DLRO) to finalize a synthetic securitization transaction worth €335 million, aimed at mitigating credit risk and enhancing lending capacity for DLRO, which in turn … Read the full press release

EU Private Sector Women Launch Network to Drive Climate Action

(IN BRIEF) In a proactive move towards advancing the green transition and fostering climate resilience, women leaders from the EU private sector have inaugurated the Women Climate Leaders Network, hosted by the European Investment Bank Group (EIB Group). With the … Read the full press release

EIB Group’s Strong Growth in France: €12 Billion Investment Spurred by Climate Action, Innovation, and Sustainable Infrastructure

(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release

Hydro Expands Commitment to Green Transition with First Suppliers Hub Membership

(IN BRIEF) Hydro, a leader in low-carbon aluminum production, has joined the First Suppliers Hub, a tool launched at the World Economic Forum’s annual meeting in Davos. The hub streamlines the transition from climate commitments to action for companies dedicated … Read the full press release

University of Exeter to Drive Climate Action Discussions at World Economic Forum

(IN BRIEF) The University of Exeter is set to play a significant role in advancing climate action discussions at the World Economic Forum in Davos. The university will organize a series of events building upon the recently launched Global Tipping … Read the full press release

EDF Group Reinforces Commitment to Climate Action and Net Zero Emissions at COP28

(IN BRIEF) During the 28th United Nations Conference of the Parties on Climate Change (COP28), EDF Group has reiterated its dedication to combating climate change and achieving “net zero emissions.” The company supports various initiatives announced at COP28, including efforts … Read the full press release

EIB Global Unveils Pioneering Climate Initiatives at COP28 in Dubai

(IN BRIEF) In a significant announcement at the United Nations Climate Change Conference (COP28) in Dubai, the European Investment Bank (EIB) revealed its pioneering approach to a just transition and just resilience on a global scale. The EIB Group introduced … Read the full press release

BBVA Colombia Achieves Significant Growth in Sustainable Lending, Focusing on Inclusive Growth and Climate Action

(IN BRIEF) BBVA in Colombia has reported substantial growth in its sustainable lending activities between January and August 2023. The bank granted 3.8 billion pesos in sustainable loans, with $2.4 billion directed towards inclusive growth projects and $1.4 billion allocated … Read the full press release

EIB President Werner Hoyer Urges Equitable Climate Action at UNGA

(IN BRIEF) At the 78th General Assembly of the United Nations (UNGA), EIB President Werner Hoyer emphasized the importance of ambitious climate action and global development partnerships. Speaking at the Climate Ambition Summit, President Hoyer highlighted the economic potential of … Read the full press release

European Union’s Global Gateway Initiative Supports Sustainable Projects in South America

(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release

INEOS Publishes Global Sustainability Report: Leading in Safety, Climate Action, and Circular Economy

INEOS Publishes Global Sustainability Report: Leading in Safety, Climate Action, and Circular Economy

(IN BRIEF) INEOS, a global chemical manufacturing company, has released its sustainability report for 2022, highlighting its strong performance in safety and environmental goals. The report emphasizes INEOS’ commitment to achieving net-zero emissions by 2050 and reducing operational emissions by … Read the full press release

EBRD Welcomes Canada’s Inclusion in HIPCA Partnership for Climate Action

(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release

European Investment Bank and Commission aim to bridge global climate finance gap with €18bn financing for partner countries

(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release

Recycling and Energy Efficiency Measures Top Climate Mitigation Actions by EU Firms, Says EIB Report

(IN BRIEF) The European Investment Bank (EIB) has released its Climate Investment Report for 2022-23 (EIBIS Climate), which shows that the share of European firms investing in climate has increased by 10 percentage points in the last year, reaching an … Read the full press release

Iberdrola recognized for climate action plans and transparency by CDP’s A List

(IN BRIEF) Spanish energy company Iberdrola has been included for another year in the Supplier Engagement Leaderboard compiled by CDP, a leading organization focused on the transparency and performance of climate practices. The list recognizes companies that excel at engaging … Read the full press release

The European Investment Bank (EIB) to loan EUR 100 million to SG Equipment Leasing Polska aimed at green financing of SMEs in Poland

SG EQUIPMENT LEASING POLSKA (SGEF Poland) receives EIB financing of EUR 100m to support the development of SMEs and Midcaps in Poland. The loan will facilitate acceleration of pro-climate action, especially projects supporting greenhouse gases reduction and low-carbon emissions. (PRESS … Read the full press release

KfW Research: the green restructuring of the German economy is already underway

It played a role for close to 60% of newly founded businesses in 2021 Climate action is the focus of one in ten start-ups Young entrepreneurs are in the lead, with under-30s twice as likely to have climate action offerings … Read the full press release

Enel place avec succès 900 millions d’euros d’obligations liées à la durabilité libellées en livre sterling

Enel Finance International NV a placé sur le marché une «obligation liée à la durabilité» en livre sterling, liée à la réalisation de l’objectif de durabilité d’Enel relatif à la réduction des émissions directes de gaz à effet de serre … Read the full press release

Enel successfully places EUR 900 million Sustainability-Linked Bond denominated in pound sterling

Enel Finance International N.V. has placed a pound sterling “Sustainability-Linked Bond” in the market, linked to the achievement of Enel’s sustainability objective relating to the reduction of direct greenhouse gas emissions (Scope 1), contributing to the United Nations Sustainable Development … Read the full press release

Günther Thallinger, Allianz SE Board Member, one of the experts in the UN’s newly launched High-Level Expert Group on the Net-Zero Emissions Commitments of Non-State Entities (HLEG)

(PRESS RELEASE) MUNICH, 1-Arp-2022 — /EuropaWire/ — Allianz Group (ETR: ALV), one of the leading integrated financial services providers worldwide, has announced that its Board Member Günther Thallinger is one of the experts in the UN’s newly launched High-Level Expert … Read the full press release

Chr. Hansen ranks #2 in this year’s list of Corporate Knights for the 100 most sustainable corporations in the world

(PRESS RELEASE) HØRSHOLM, Denmark, 19-Jan-2022 — /EuropaWire/ — Chr. Hansen (CPH: CHR), a Danish bioscience company that develops natural ingredient solutions for the food, nutritional, pharmaceutical and agricultural industries, has announced it made the 2nd position in this year’s list … Read the full press release

EQT’s science based targets approved and validated by the SBTi

EQT accelerates its journey to address climate change by defining ambitious greenhouse gas emission (“GHG”) reduction targets, encompassing both its own and its portfolio investments’ operations EQT becomes the first private markets firm to formalize science based targets through the … Read the full press release

LafargeHolcim aligns Sustainability and Innovation under Magali Anderson’s leadership

LafargeHolcim combines sustainability and innovation leadership for more impact Commitment to publish first Climate Transition report in 2022 Recent Innovation partnerships for sustainable building include XTreeE and CPC (PRESS RELEASE) ST. GALLEN, 18-Mar-2021 — /EuropaWire/ — LafargeHolcim announces that it … Read the full press release

Siemens Gamesa expands its footprint in New Zealand with 176 MW order for Harapaki wind farm

Long-term service agreement up to 30 years signed to optimize wind farm performance The contract adds to the 267 MW Siemens Gamesa has already installed for customer Meridian Energy (PRESS RELEASE) ZAMUDIO, 10-Mar-2021 — /EuropaWire/ — Siemens Gamesa announces that … Read the full press release

Aviva commits to become a Net Zero carbon emissions company by 2040

Aviva takes on the most demanding target of any major insurance company in the world today (PRESS RELEASE) LONDON, 1-Mar-2021 — /EuropaWire/ — British multinational insurance company Aviva announces its plan to become a Net Zero carbon emissions company by … Read the full press release

EBRD appoints key position to support its green and sustainable transition

(PRESS RELEASE) LONDON, 19-Feb-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces the appointment of Harry Boyd-Carpenter as Managing Director, Green Economy and Climate Action, a key position for the Bank’s delivery of its goal to … Read the full press release

LafargeHolcim invests more than 90M EUR in waste heat recovery systems in India

Thermal heat electricity part of reducing energy-related emissions by 65% by 2030 Builds on company’s partnerships with power producers worldwide to accelerate use of renewable energy (PRESS RELEASE) ZUG, 3-Dec-2020 — /EuropaWire/ — Global leader in building materials and solutions … Read the full press release

Henkel signs major virtual PPA in Texas aimed at covering the company’s entire electricity demand in the US

(PRESS RELEASE) DÜSSELDORF, 14-Sep-2020 — /EuropaWire/ — Henkel (ETR: HEN3), leading chemical and consumer goods company, has announced it has signed a large-scale virtual power purchase agreement (VPPA) with a new wind farm in Bee County, Texas on its way … Read the full press release

Climate change experts and scientists will meet virtually to advance work on the Second Order Draft of IPCC’s Working Group II Assessment Report

(PRESS RELEASE) GENEVA, 11-Aug-2020 — /EuropaWire/ — The UN body for assessing the science related to climate change the Intergovernmental Panel on Climate Change (IPCC) has announced it will have its virtual meeting held from 17 to 28 August 2020 … Read the full press release

TU Delft joins universities across the globe to collaborate on climate insight and action

(PRESS RELEASE) DELFT, 6-Apr-2020 — /EuropaWire/ — Together with over 40 universities from around the world, TU Delft joins an International Universities Climate Alliance (‘Climate Alliance’). Member universities commit to collaborating on research insights on the most effective means to … Read the full press release

Iberdrola identified as one of the most highly-engaged participants during the UN Global Compact Leaders Week in New York

Ignacio Galán in New York

(PRESS RELEASE) NEW YORK,  23-Sep-2019 — /EuropaWire/ — Iberdrola‘s ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business has today been recognized as the company has been named as a Global Compact LEAD participant. Iberdrola was … Read the full press release

Connie Hedegaard kick-starts public debates over climate change in Southern and Eastern Europe

Brussels, 14-5-2013 — /europawire.eu/ —  European commissioner for climate action Connie Hedegaard is launching a series of public events to engage European citizens in the climate change debate and to encourage individual action to combat it. Over the next two months, … Read the full press release