(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, has announced a significant increase in the estimated oil reserves of the Øst Frigg Beta/Epsilon discovery. The field may contain twice as much oil as previously assumed, with recoverable … Read the full press release
(IN BRIEF) RWE, a global renewable energy company, has acquired full ownership of the Nordseecluster, a 1.6-gigawatt cluster of offshore wind farms in the German North Sea. The cluster, consisting of four sites, was previously co-developed with Northland Power, which … Read the full press release
(IN BRIEF) Barclays has announced its investment in Trade Ledger’s working capital orchestration platform, aiming to enhance its working capital finance solutions for corporate clients globally. The partnership will bring industry-leading credit management automation and end-to-end solutions to Barclays Corporate … Read the full press release
Posted in Banks, Business, Financial, Investment, Management, Technology, United Kingdom
Tagged Asset Based Lending, Barclays, credit management automation, credit solutions, Invoice Discounting, James Binns, Martin McCann, Selected Debtor Finance, Trade Ledger, Working capital finance solutions, working capital offering, working capital orchestration platform
(IN BRIEF) Holcim, a global building materials company, has been selected by the Science Based Targets Network (SBTN) to participate in piloting the world’s first science-based targets for nature. Holcim will submit its nature targets for validation in 2023, based … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Industrial, Management, Science, Switzerland, Technology
Tagged biodiversity, Biodiversity Indicator and Reporting System, BIRS, climate targets, Erin Billman, holcim, IUCN, Magali Anderson, SBTN, Science Based Targets Network, science-based targets for nature, WORLD’S FIRST SCIENCE-BASED TARGETS FOR NATURE
(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, Real Estate
Tagged carbon neutrality, Circularity, Citycon, Community hub, greenhouse gas emissions, Kirsi Simola-Laaksonen, natural resources, real estate, sustainability strategy, sustainable mobility, Sustainable value chain
(IN BRIEF) Finnish publisher Alma Media becomes the first in the country to offer advertisers a carbon footprint calculation for digital campaigns. The calculation will measure the greenhouse gas emissions generated by advertising on Alma Media’s ad network and report … Read the full press release
(IN BRIEF) Kalmar, a subsidiary of Cargotec, celebrates a significant milestone as its manufacturing plant in Shanghai, China, completes the production of its 6,000th machine, a reachstacker. The machine is destined for Bodi International LLC in Mongolia. The Shanghai plant, … Read the full press release
(IN BRIEF) Italian business aviation operator Air Corporate has placed a firm order for 43 helicopters from Airbus, including 40 single-engine helicopters (H125/H130) and three ACH160s. This order, the largest commercial helicopter order by Airbus in Italy, will support private … Read the full press release
(IN BRIEF) ANDRITZ, an international technology group, has secured a significant order from North American Stainless (NAS) to supply a 20-high cold-rolling mill, a 4-high skin pass mill, and upgrade the existing annealing and pickling line #2 at NAS’s facility … Read the full press release
(IN BRIEF) WACKER has completed a capacity expansion project at its Nanjing site in China, which doubles its production capacity for vinyl-acetate-ethylene copolymer (VAE) dispersions and VAE dispersible polymer powders. The expansion, involving a new reactor and spray dryer, enables … Read the full press release
(IN BRIEF) TotalEnergies has acquired a 20% stake in Ductor, a Finnish start-up specializing in organic waste processing technology. This innovative solution allows the treatment of high-nitrogen organic waste for biomethane production, accelerating the development of the biogas value chain. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Investment, Technology
Tagged Bernard Fenner, biogas value chain, biomethane production, Ductor, energy transition, high-nitrogen organic waste, Olivier Guerrini, poultry manure, start-up, sustainable biofertilizers, TotalEnergies
(IN BRIEF) Former U.S. Representative and retired U.S. Navy Commander Elaine Luria has joined the Board of Directors at BAE Systems, Inc. Luria represented Virginia’s Second Congressional District from 2019 to 2023 and served on key committees related to defense … Read the full press release
(IN BRIEF) Iberdrola has unveiled a refreshed brand identity that aligns with its position as a sustainable and innovative leader in renewable energy. The new logo retains the recognizable icon while making it easier to apply in digital formats. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Marketing, Media, Spain
Tagged brand identity, Iberdrola, logo, renewable energy, SDG
(IN BRIEF) Vattenfall and Coca-Cola in Sweden have announced a collaboration to invest in electric heavy goods vehicles (HGVs). The initial phase of the project will involve installing three charging stations at Coca-Cola Europacific Partners’ plant in Jordbro, near Stockholm. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Sweden, Technology, Transportation & Logistics
Tagged charging stations, charging stations for trucks, climate targets, Coca-Cola, Coca-Cola Europacific Partners, Environmental Product Declaration, EPD, Good Environmental Choice, Ingela Hålling, Jordbro, Lillgrund wind farm, Lisa Wahlström, powering electric transport, Stockholm, Vattenfall
(IN BRIEF) Liansheng Pulp & Paper (Zhangzhou) Co., Ltd. has successfully launched two ANDRITZ tissue machines at its mill in Zhangzhou, China. The machines, known as PrimeLineTM W 2000, have a design speed of 2,000 m/min and a working width … Read the full press release
Posted in Austria, Business, Industrial, Technology
Tagged Andritz, CHINA, Fan Lele, FibreSolve FSV pulpers, Fujian Province, HC refiners, household paper production, LBKP, Liansheng Paper Group, Liansheng Pulp & Paper, NBKP, packaging paper, PrimeDry Steel Yankees, PrimeLineTM W 2000, pulp screw press, tissue machines, Zhangzhou
(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release
Posted in Banks, Business, Financial, Investment, Luxembourg, Management, Small Business, Society
Tagged 2X Global, ADP III, African Development Partners III Fund, development finance institutions, DFIs, DPI, female-led MSMEs, G7 Summit, gender equality, gender finance, gender lens investments, gender-smart businesses, HCGF IV, Horizon Capital, Jessica Espinoza, Kashf Foundation, Lori Kerr, SDGs 5, The 2X Challenge, Thomas Östros, UKRAINE
(IN BRIEF) Luxury automotive brand Bentley has launched its Bentley Sustainability Council, consisting of three experts, as part of its commitment to sustainability. The council will advise the company on its Beyond100 strategy and help achieve carbon neutrality by 2030. … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Industrial, Management, United Kingdom
Tagged Adrian Hallmark, Bentley, Beyond100 strategy, Dr Andrew Dent, Dr Nicholas Garrett, Dr Sally Uren, sustainability, Sustainability Report, sustainable luxury mobility, The Bentley Sustainability Council, value chain
(IN BRIEF) Volvo Group has entered a long-term agreement with Vattenfall, Sweden’s largest renewable electricity producer, to purchase 50% of the renewable electricity generated at the Bruzaholm wind park over a 10-year period. The partnership is part of Volvo Group’s … Read the full press release
(IN BRIEF) Bentley Motors and Dezeen have teamed up to launch a global design competition called ‘The Future of Luxury Retail’. The competition invites architects and designers to explore innovative ideas and experiences that will shape the luxury retail industry … Read the full press release
(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release
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