Daily Archives: 12, September 2024

ISO Introduces First Innovation Management Standard to Drive Corporate Success

(IN BRIEF) ISO has launched its first Innovation Management System standard, ISO 56001, to help companies enhance their innovation capabilities, manage risks, and increase their chances of success. The standard provides a structured framework for companies to develop and demonstrate … Read the full press release

DNV and Brinav Partner to Advance Autonomous Shipping Technology

(IN BRIEF) DNV and Brinav have signed a memorandum of understanding (MOU) to accelerate the development and approval of autonomous and remote-controlled shipping technologies. This collaboration aims to improve maritime safety and efficiency by advancing Maritime Autonomous Surface Ships (MASS). … Read the full press release

Beyond Leather Materials and Covestro Partner to Develop Sustainable Leather Alternative from Apple Waste

(IN BRIEF) Beyond Leather Materials has partnered with Covestro to develop LEAP®, a sustainable leather alternative made from over 85% bio-based materials, primarily apple waste. Covestro’s INSQIN® technology provides a durable, premium coating for LEAP®, offering a low-VOC, eco-friendly solution. … Read the full press release

GSK’s mRNA Flu Vaccine Candidate Moves to Phase III After Positive Phase II Results

(IN BRIEF) GSK has reported positive results from its phase II trial for an mRNA seasonal influenza vaccine candidate, showing strong immune responses against influenza A and B strains in both younger and older adults. The trial met success criteria … Read the full press release

ST Telemedia Global Data Centres Switches to Neste’s Renewable Diesel in Singapore

(IN BRIEF) ST Telemedia Global Data Centres (STT GDC) has become the first data center operator in Singapore to power its backup generators with Neste MY Renewable Diesel™, thanks to a collaboration with Neste. The switch, made in July 2024, … Read the full press release

SGS Celebrates Three Years of Supporting Morocco’s Product Conformity Assessment Program

(IN BRIEF) SGS celebrates three years of supporting Morocco’s Product Conformity Assessment (PCA) program, which ensures compliance with national standards across 419 product categories. The program, launched by Morocco’s Ministry of Industry and Trade, protects consumers and promotes fair competition … Read the full press release

NIB Provides SEK 200 Million Loan for Energy-Efficient Renovations of Bonnier Fastigheter’s Properties

(IN BRIEF) The Nordic Investment Bank (NIB) has granted an eight-year SEK 200 million (EUR 17.05 million) loan to Bonnier Fastigheter AB to fund the refurbishment of five buildings in Stockholm and Uppsala. The renovations focus on improving energy efficiency, … Read the full press release

Scania Unveils Expanded Electric and Biofuel Truck Range at IAA 2024

(IN BRIEF) At IAA Transportation 2024 in Hanover, Scania is showcasing its latest electrified and biofuel-powered heavy trucks, including a new battery electric tractor and a versatile range of trucks for various applications. Scania’s modular design allows for customized electric … Read the full press release

DHL Express Invests Over €100 Million to Expand Capacity for 2024 Peak Season

(IN BRIEF) DHL Express is preparing for the 2024 peak season by investing over €100 million to boost its transport and handling capacity. The company will deploy eight new Boeing 777 freighters on key routes between Asia and Europe, improving … Read the full press release

BASF Expands Sustainable Sourcing Initiatives in Latest Responsible Sourcing Report

(IN BRIEF) BASF has released its second Responsible Sourcing Report, highlighting progress in sustainable sourcing within its Care Chemicals division. Key achievements in 2023 include sourcing 96% of palm oil from RSPO-certified mills, expanding partnerships with Solidaridad to support smallholder … Read the full press release

BASF-Backed Research Expands Recyclability of Polyamide-Based Packaging Films in 2024 Standards

(IN BRIEF) The 2024 recycling standards from the Central Agency Packaging Register (ZSVR) now recognize polyethylene (PE), polyamide (PA), and ethylene-vinyl alcohol copolymer (EVOH) high-barrier films as recyclable, thanks to research by BASF and the cyclos-HTP Institute. These films, commonly … Read the full press release

Deutsche Telekom Unveils Green AI Principles to Boost Sustainability Efforts

(IN BRIEF) Deutsche Telekom has introduced nine green AI principles aimed at reducing the environmental impact of artificial intelligence while enhancing its benefits. These principles focus on energy efficiency, sustainable coding, and transparent carbon tracking. Already, Deutsche Telekom is using … Read the full press release

Boliden Delays Odda Zinc Smelter Expansion, Increases Project Costs by €100 Million

(IN BRIEF) Boliden has announced a delay in its Odda zinc smelter expansion project, pushing the ramp-up of production from 200 to 350 ktonnes to the end of Q1 2025 due to construction delays at the roasting facility. This setback … Read the full press release

Ukrgasbank and PrivatBank Join EBRD’s €700 Million Energy Security Initiative in Ukraine

(IN BRIEF) Ukrgasbank and PrivatBank are the first two Ukrainian banks to join the European Bank for Reconstruction and Development’s (EBRD) Energy Security Support Facility (ESSF), unlocking €700 million in loans for energy security projects. The EBRD will provide risk-sharing … Read the full press release

EBRD Unlocks €690 Million in Loans for Ukraine’s Key Industries Amid Wartime Recovery

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced new guarantees to unlock €690 million in loans for Ukraine’s critical industries, including food security and energy, through partnerships with Ukrainian banks such as PrivatBank, Ukrgasbank, KredoBank, and … Read the full press release

Ukraine Reopens Two Renovated Schools in Vinnytsia Oblast with EIB and EU Support

(IN BRIEF) Two schools in Vinnytsia Oblast, Ukraine, have reopened after energy-efficient renovations funded by the European Investment Bank (EIB) under the Ukraine Recovery Programme. These upgrades, benefiting over 700 students and staff, reduce CO2 emissions and energy consumption while … Read the full press release

EIB Vice President Celebrates 35-Year Partnership with UCD, Highlighting Campus Transformation

(IN BRIEF) European Investment Bank (EIB) Vice President Ioannis Tsakiris visited University College Dublin (UCD) to celebrate a 35-year partnership that has contributed €453 million towards transforming the university’s academic, scientific, and residential infrastructure. UCD President Professor Orla Feely acknowledged … Read the full press release

Ireland and EIB Collaborate to Advance Offshore Wind Port Infrastructure

(IN BRIEF) The Irish Department of Transport and the European Investment Bank (EIB) have announced a partnership to develop port infrastructure critical for supporting offshore wind projects in Irish waters. The collaboration, led by Minister Eamon Ryan and EIB Vice … Read the full press release

EIB Vice President’s Visit to Ireland Focuses on Social Housing and Green Investment

(IN BRIEF) EIB Vice President Ioannis Tsakiris visited Ireland to discuss key investment priorities with Finance Minister Jack Chambers, focusing on social housing, energy efficiency, and innovation. They reviewed the impact of the €1.6 billion EIB investment from 2023 and … Read the full press release