Search Results for: Carbon Disclosure Project

Kapsch TrafficCom Earns Top Marks in Carbon Disclosure Project for Second Consecutive Year

(IN BRIEF) Kapsch TrafficCom secures the third-highest grade in the annual Carbon Disclosure Project (CDP) for the second year running, showcasing its commitment to climate action and sustainability. Surpassing competitors in the electrical and electronic equipment sector, Kapsch TrafficCom’s exemplary … Read the full press release

Vattenfall Recognized as Global Environmental Leader by Carbon Disclosure Project

(IN BRIEF) Vattenfall, a leading energy company, has achieved the highest rating in the Carbon Disclosure Project’s (CDP) environmental disclosure ranking for 2023. Among nearly 400 companies worldwide, Vattenfall has secured a place on CDP’s prestigious ‘A-list,’ recognizing it as … Read the full press release

Siemens Gamesa included in Carbon Disclosure Project’s 2020 Supplier Engagement Leaderboard

A company’s environmental responsibility and reputation no longer ends at its organizational boundaries but encompasses its entire value chain. (PRESS RELEASE) ZAMUDIO, 9-Feb-2021 — /EuropaWire/ — Siemens Gamesa announces that its efforts to decarbonize its supply chain has been recognized … Read the full press release

ENGIE recognized for its climate actions by Carbon Disclosure Project (CDP) with A score based on its 2018 disclosure

(PRESS RELEASE) LA DÉFENSE, France, 30-Jan-2019 — /EuropaWire/ — ENGIE’s CDP disclosure for 2018 has been recognized by the environmental impact non-profit organization Carbon Disclosure Project (CDP). ENGIE has been given an “A” score by CDP, which is the highest in the CDP Climate Change Assessment. This … Read the full press release

MAN holds top position in key global climate protection index compiled by Carbon Disclosure Project (CDP)

Company reaches maximum score in Climate Disclosure Leadership Index MUNICH, 9-11-2015 — /EuropaWire/ — MAN has received top scores for transparency and measures in fighting climate change and once more holds a top position in the key global climate protection … Read the full press release

Ericsson A listed on the Carbon Disclosure Project’s Climate Performance Leadership Index 2014

Ericsson included on the Carbon Disclosure Project’s Climate Performance Leadership Index 2014 A List Award acknowledges a long-term commitment to climate change and utilization of a life-cycle approach to determine environmental impacts. STOCKHOLM, 20-10-2014 — /EuropaWire/ — For its actions to … Read the full press release

Encavis Secures €61 Million Project Financing for 114 MW Borrentin Solar Park, Supporting Germany’s Energy Transition

(IN BRIEF) Encavis AG has secured €61 million in project financing for its 114 MW Borrentin solar park in Germany. The financing was provided by Bayerische Landesbank and will help complete the solar park by the end of September 2024. … Read the full press release

Arrow Energy to Expand Surat Gas Project with Shell Investment

(IN BRIEF) On August 12, 2024, Arrow Energy announced plans to expand its Surat Gas Project in Queensland, Australia, with significant investment from Shell. Phase 2 is expected to produce about 22,400 barrels of oil equivalent per day at peak … Read the full press release

Shell Advances Carbon Capture Initiatives with New Projects in Alberta

(IN BRIEF) Shell Canada Products has announced the Final Investment Decision (FID) for two major carbon capture and storage (CCS) projects at the Shell Energy and Chemicals Park in Scotford, Alberta. The Polaris project is designed to capture approximately 650,000 … Read the full press release

Stockholm Exergi’s NIB-Backed BECCS Project Advances Sustainability Goals

(IN BRIEF) Stockholm Exergi Holding AB, a major energy provider in Stockholm, plans to implement a Bio-energy with Carbon Capture and Storage (BECCS) project at its Värtaverket energy plant. This initiative aims to capture and store 800,000 tonnes of biogenic … Read the full press release

Yara’s First Quarter 2024: Earnings Dip Amidst Rising Deliveries, Decarbonization Success, and Market Dynamics Shift

(IN BRIEF) Yara’s first-quarter 2024 earnings saw a decline, with EBITDA down by 11% compared to the previous year, primarily attributed to lower prices. Despite this, total deliveries surged by 12%, notably in Europe, which saw a 37% increase. The … Read the full press release

Lloyds Banking Group Joins Forces with Projects for Nature to Spearhead Nature Recovery Initiatives

(IN BRIEF) Lloyds Banking Group has entered into a pioneering partnership with Projects for Nature, becoming its first founding business partner. With a £250,000 donation split among three nature recovery projects in England, Lloyds aims to address national nature recovery … Read the full press release

EBRD Invests €30 Million in Sustainable Real Estate Projects Across Baltic and Eastern Europe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release

Vestas and DTEK Collaborate to Expand Tyligulska Wind Project in Ukraine

(IN BRIEF) In a significant move during COP28, Vestas and DTEK have signed a Memorandum of Understanding (MOU) to advance the second phase of the Tyligulska wind project in southern Ukraine. This MOU outlines their intention to develop an additional … Read the full press release

Swedbank Robur Launches Two Climate-Focused Funds to Finance Sustainable Projects

(IN BRIEF) Swedbank Robur has expanded its climate strategy by introducing two new funds, Climate Bond and Climate Bond High Yield, which will finance projects and company operations aligned with the UN’s climate goals. These funds are classified as Article … Read the full press release

Shell Completes Sale of 35% Stake in Indonesia’s Masela Block and Abadi Gas Project

(IN BRIEF) Shell Upstream Overseas Services (SUOS) has successfully completed the sale of its 35% participating interest in Indonesia’s Masela Production Sharing Contract (Masela PSC) to PT Pertamina Hulu Energi and PETRONAS Masela Sdn. Bhd (Petronas Masela). This divestment includes … Read the full press release

EBRD Extends €100 Million Loan to North Macedonia’s ESM for Energy Security and Decarbonization

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €100 million emergency liquidity loan to JSC Elektrani na Severna Makedonija (ESM), the public electricity utility of North Macedonia. This loan aims to enhance ESM’s financial stability, … Read the full press release

Shell Divests 35 percent Participating Interest in Indonesia’s Masela Gas Project

(IN BRIEF) Shell plc’s subsidiary, Shell Upstream Overseas Services (I) Limited (“SUOS”), has agreed to sell its 35% participating interest in Indonesia’s Masela Production Sharing Contract (“Masela PSC”) to PT Pertamina Hulu Energi (“PHE”) and PETRONAS Masela Sdn. Bhd (“PETRONAS … Read the full press release

The Solas Sustainable Energy Fund ICAV (SSEF) now has €220 million in committed capital  aimed at supporting energy efficiency and renewable energy projects across the European Union

SSEF, backed by its cornerstone investors including MEAG (the asset manager of Munich Re and ERGO) and the EIB, and supported by the EU LIFE Programme, is providing financing for much-needed energy efficiency and behind-the-meter renewable energy projects across the … Read the full press release

The SBTi validation of Icade’s decarbonisation objectives reaffirms its leading role in the sustainable real estate

(PRESS RELEASE) PARIS, 7-Oct-2022 — /EuropaWire/ — Icade (EPA: ICAD), a multinational integrated real estate player with a portfolio worth €14.8 billion and part of Caisse des dépôts et consignations, has announced its decarbonisation objectives for 2030 and 2050 for … Read the full press release

Siemens Gamesa in 3QFY2021: order backlog increase underlines further commitments to a decarbonized economy

Order backlog amounted to €32.6bn, underpinned by further commitments to a decarbonized economy; Siemens Gamesa logged €11.8bn order intake in the last twelve months Rising commodity prices and higher ramp-up costs for the 5.X platform resulted in provisions for onerous … 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

Lundbeck commits to become carbon neutral across the entire value chain by 2050

(PRESS RELEASE) COPENHAGEN, 4-Feb-2021 — /EuropaWire/ — Danish international pharmaceutical company H. Lundbeck A/S (Lundbeck) announces its new 15-year climate target, which includes a detailed action plan to reduce emissions, approved by the Science Based Targets initiative (SBTi), towards becoming … Read the full press release

First oil production from the giant Clair Ridge project in the West of Shetland region offshore UK

Major UK North Sea development is sixth new upstream project to come on stream for BP in 2018. Targeting 640 million barrels of oil reserves; peak production of 120,000 barrels of oil a day. First offshore deployment of BP’s ground-breaking … Read the full press release

Shell to invest in major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada

THE HAGUE, 08-Oct-2018 — /EuropaWire/ — Shell Canada Energy, an affiliate of Royal Dutch Shell plc (“Shell”), today announced it has taken a final investment decision (FID) on LNG Canada, a major liquified natural gas (LNG) project in Kitimat, British Columbia, Canada, … Read the full press release

Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. sign two Production Sharing Contracts for the exploration and production of hydrocarbons offshore Mauritania

The HAGUE, 24-Jul-2018 — /EuropaWire/ — Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. (“Shell”) today signed two Production Sharing Contracts with the government of Mauritania for the exploration and potential future production … Read the full press release

Swiss Re to adopt recommendations of the Task Force on Climate-Related Financial Disclosures

Swiss Re adopts recommendations of Task Force on Climate-Related Financial Disclosures Climate-related risks and the expected transition to a lower-carbon economy affect most economic sectors and industries More data will enhance how climate-related risks and opportunities are managed Contributing to … Read the full press release

SGS’s newly released Sustainability Report outlines the company’s new approach to sustainability disclosure

Geneva, Switzerland, 17-3-2014 — /EuropaWire/ — We have launched our online Sustainability Report, heralding a new approach to sustainability disclosure within SGS. To enable relevant and concise analysis, the Report concentrates on the most important sustainability issues to our company, identified through our … Read the full press release

Outokumpu featured in Carbon Disclosure Leadership Index for the third consecutive year

24-10-2012 — /europawire.eu/ — Outokumpu’s approach to climate change disclosure is again recognised by the Carbon Disclosure Project (CDP) and Outokumpu is included in the Carbon Disclosure Leadership Index for the third consecutive year. The CDP represents 655 institutional investors with … Read the full press release

Orange named to Carbon Performance Leadership Index (CPLI) for carbon performance

Orange assessed as one of the two best operators worldwide for carbon performance. Paris, 24-10-2012 — /europawire.eu/ — Through this inclusion, the Carbon Disclosure Project (CDP), which represents 655 institutional investors, recognises Orange for the action it is taking to reduce its carbon … Read the full press release

PUMA Recognized Among Europe’s Top Ten Climate Leaders by Financial Times

(IN BRIEF) PUMA has been recognized as one of Europe’s top ten Climate Leaders by the Financial Times, achieving its highest-ever ranking of eighth place. The company’s early achievement of its climate goals and new ambitious targets for 2030 highlight … Read the full press release

Encavis and Commerzbank Secure Financing for Germany’s Second-Largest Solar Park

(IN BRIEF) Encavis Asset Management AG and Commerzbank AG have secured project financing for the Bartow solar project, set to be Germany’s second-largest solar park with a capacity of 260 MW. Located in Mecklenburg-Western Pomerania, the project is part of … Read the full press release

Sika Validates Net-Zero Emissions Targets for 2050 with Science-Based Targets Initiative

(IN BRIEF) Sika has achieved validation of its near and long-term emissions reduction targets by the Science Based Targets initiative (SBTi), confirming its commitment to sustainability and decarbonization. By 2032, Sika aims to reduce greenhouse gas emissions by 50.4% compared … Read the full press release

Saltigo Launches “Net Zero Custom Manufacturing” for Sustainable Production

(IN BRIEF) Saltigo, a subsidiary of LANXESS specializing in exclusive synthesis of active ingredients and intermediates, introduces “Net Zero Custom Manufacturing” to offer sustainable production solutions to potential customers, particularly in the food and agrochemical industries. The initiative focuses on … Read the full press release

Vonovia SE: Positive Start to 2024 with Strong Operating Results and Sustainability Recognition

(IN BRIEF) Vonovia SE, based in Bochum, Germany, began the year with robust operating results, marking a positive start to 2024. The company’s core segment, Rental, saw a notable increase in its EBITDA contribution, reaching €592.9 million during the first … Read the full press release

Henkel Launches ‘Climate Connect’ Program to Drive Supplier Engagement in Emissions Reduction

(IN BRIEF) Henkel has initiated the “Climate Connect” program, aiming to enhance supplier engagement in reducing Scope 3 emissions across its global supply chain. Partnering with “Manufacture 2030,” the program focuses on gathering emissions data from raw material and packaging … Read the full press release

Otto Group Validates Ambitious Climate Targets, Aims for 42% Reduction by 2031

(IN BRIEF) The Otto Group announces its bold climate targets aiming to reduce greenhouse gas emissions by 42% by 2031 compared to 2021, validated by the Science Based Targets Initiative (SBTi). Setting a precedent in the industry, the Group integrates … Read the full press release

Snam Maintains Leadership in Climate Change Supplier Engagement Rating

(IN BRIEF) Snam has once again secured the top position in the Suppliers Engagement Rating (SER) by CDP for 2023, receiving an “A” rating for its efforts in engaging suppliers to address climate change. This recognition, coupled with its inclusion … Read the full press release

Terna Recognized as Climate Change Leader by CDP

(IN BRIEF) Terna has earned a prestigious spot on the list of leading international companies engaging their suppliers in the fight against climate change, according to the Climate Change survey conducted by CDP. Achieving an ‘A’ rating, the highest score … Read the full press release

SGS Attains A- Leadership Score in CDP 2023 Assessment, Demonstrating Environmental Excellence

(IN BRIEF) SGS has once again achieved an outstanding A- Leadership score in the Carbon Disclosure Project (CDP) 2023 assessment, positioning itself among the top 17% of companies in the specialized professional services sector. This recognition underscores SGS’s commitment to … Read the full press release