Category Archives: Environment

Environment Press Releases & News distributed via EuropaWire

Skanska Awarded $630M Contract for Sustainable Hillview Reservoir Project in Yonkers

(IN BRIEF) Skanska, in partnership with ECCO III Enterprises, Inc., has been awarded a USD 848 million contract by the New York City Department of Environmental Protection for the Hillview Reservoir Chemical Addition Facilities project in Yonkers, New York. Skanska’s … Read the full press release

AFRY’s Fossil Detox Report Outlines Key Steps for Accelerating the Global Transition from Fossil Fuels

(IN BRIEF) AFRY’s newly released Fossil Detox Report, unveiled during New York Climate Week, highlights the urgent need for a global transition away from fossil fuels. The report identifies critical technologies like smart grids, energy storage solutions, and carbon capture, … Read the full press release

Capgemini Report Highlights Corporate Sustainability Progress Amid Geopolitical Tensions and Consumer Doubts

(IN BRIEF) A new report by the Capgemini Research Institute, titled “A World in Balance 2024: Accelerating Sustainability Amidst Geopolitical Challenges,” reveals that despite global geopolitical tensions, organizations are continuing to advance their sustainability goals. Key areas of progress include … Read the full press release

UN and Multilateral Development Banks Unite to Boost Global Efforts for 2030 SDG Targets

(IN BRIEF) On September 23, 2024, UN Secretary-General António Guterres met with the heads of major Multilateral Development Banks (MDBs) to strengthen collaboration aimed at accelerating progress toward the 2030 Sustainable Development Goals (SDGs). The discussion centered on MDB reforms … Read the full press release

TotalEnergies Announces Production Start at Fenix Offshore Gas Field in Argentina

(IN BRIEF) TotalEnergies has commenced production at the Fenix gas field, located off the coast of Tierra del Fuego in Southern Argentina. Part of the Cuenca Marina Austral 1 concession, the field has a production capacity of 10 million cubic … Read the full press release

ZF Introduces Enhanced Safety and Automation Features for Commercial Vehicles with OnGuardMAX and mBSP XBS Platforms

(IN BRIEF) At IAA Transportation 2024, ZF introduced the latest version of its Advanced Driver Assistance System (ADAS), OnGuardMAX, and its modular brake platform, mBSP XBS, for the European commercial vehicle market. OnGuardMAX offers enhanced safety features like Moving Off … Read the full press release

Barry Callebaut Sets Path to Net Zero by 2050 with New Decarbonization Roadmap

(IN BRIEF) Barry Callebaut has launched its Net Zero Roadmap, outlining its plan to fully decarbonize its value chain and reach Net Zero emissions by 2050. The roadmap sets an interim target of reducing emissions by 30% by 2030, focusing … Read the full press release

Garanti BBVA Introduces Türkiye’s First End-to-End Digital Vehicle Loans for Individuals

(IN BRIEF) Garanti BBVA has become the first Turkish bank to offer fully digital vehicle loans for individual customers, expanding a service previously available only to companies and self-employed clients. The entire loan application process, covering nearly 40 automobile brands, … Read the full press release

Scania Unveils Autonomous Truck and Sustainable Solutions for Agile Mining at MINExpo 2024

(IN BRIEF) At the 2024 MINExpo in Las Vegas, Scania introduced its fully autonomous mining truck and showcased its “Think big, act small” approach to boosting mining efficiency. The company emphasized its focus on payload efficiency, sustainability, and cost-effective solutions … Read the full press release

Reardon Court Extra Care Housing Named ‘Construction Project of the Year’ at National Awards

(IN BRIEF) Reardon Court, an extra care housing project in Enfield, London, has won ‘Construction Project of the Year’ at the Procure Partnerships Framework National Project Excellence Awards 2024. The project, led by Enfield Council and constructed by GRAHAM, provides … Read the full press release

EIB Funds €125 Million Campus Expansion and Affordable Housing at Cyprus University of Technology

(IN BRIEF) The European Investment Bank (EIB) is providing €125 million in loans to the Cyprus University of Technology (CUT) to fund new student housing and upgrade academic, research, and sports facilities in Paphos and Limassol. The project, which will … Read the full press release

EIB Supports Deutsche Glasfaser with €350 Million Loan to Expand High-Speed Internet in Rural Germany

(IN BRIEF) The European Investment Bank (EIB) has granted a €350 million loan to Deutsche Glasfaser to expand fibre-optic broadband access to around 460,000 rural homes and businesses in Germany. This initiative, supported by the EU’s InvestEU programme, addresses the … Read the full press release

Multilateral Banks Boost Climate Finance to Record $125 Billion in 2023, Doubling Private Sector Mobilization

(IN BRIEF) Multilateral development banks (MDBs) have reached a new milestone in climate finance, committing a record $125 billion in 2023. A significant portion, $74.7 billion, was allocated to low- and middle-income countries, primarily for climate mitigation and adaptation. High-income … Read the full press release

European Investment Bank Unveils Global Health and Climate Initiatives at UN General Assembly

(IN BRIEF) At the 79th United Nations General Assembly, European Investment Bank (EIB) President Nadia Calviño will announce new initiatives focused on global health and climate finance. The EIB, in collaboration with partners like the Gates Foundation and WHO, will … Read the full press release

Continental Wins ETM Award 2024 for Excellence in Commercial Vehicle Tires

(IN BRIEF) Continental has won the ETM Award 2024 in the “Tires” category, based on a readers’ poll by ETM, recognizing its excellence in commercial vehicle tires. The award highlights Continental’s innovative Generation 5 tire line, which enhances fuel efficiency, … Read the full press release

Red Sea Expedition Inspires Students to Research Plastic Pollution, Present Findings at MICRO 2024

(IN BRIEF) A field trip to the Red Sea has inspired three SAMS undergraduate students to investigate plastic pollution, which they will present at the MICRO 2024 conference. Their research focuses on plastic waste in Red Sea mangroves and Scottish … Read the full press release

Renewable Energy Veteran Heiko Wuttke to Lead PNE AG as New CEO Starting January 2025

(IN BRIEF) PNE AG has appointed Heiko Wuttke as its new CEO, effective 13 January 2025. Wuttke, with nearly 30 years of experience in renewable energy, will replace Markus Lesser, who stepped down in July 2024. Interim CEO Per Hornung … Read the full press release

Ingka Centres Expands Global Footprint with Acquisition of Munich’s Iconic Pasing Arcaden Shopping Center

(IN BRIEF) Ingka Centres, part of the Ingka Group, has signed a purchase agreement to acquire Pasing Arcaden, a popular shopping center in Munich, Germany. The deal, expected to close by Q4 2024, will mark Ingka Centres’ return to Germany … Read the full press release

Bilfinger to Integrate Third Electrolysis Plant for RWE’s Expanding Green Hydrogen Project in Lingen

(IN BRIEF) RWE is expanding its green hydrogen production facility in Lingen, Germany, by adding a third 100 MW electrolysis plant as part of a larger 300 MW project. Bilfinger has been selected to integrate the new plant, handling engineering … Read the full press release

Ukrainian Innovators Thrive with Green Solutions Amidst War, Supported by EBRD and EU

(IN BRIEF) Ukrainian companies are leading green innovation despite the challenges of war, with support from the EBRD, EU, and Greencubator through the Climate Innovation Vouchers programme. Pipes.one has developed a mobile factory that reduces emissions and costs by producing … Read the full press release

VTTI Raises $1.7 Billion to Drive Growth and Sustainability Initiatives by 2028

(IN BRIEF) VTTI has secured $1.7 billion in financing through a mix of US Private Placement Notes, Bank Term Loans, and a Revolving Credit Facility to support its growth and sustainability goals. This refinancing will help VTTI diversify its capital … Read the full press release

Scania Launches ProDriver: A Digital Coaching Service Created for Drivers, by Drivers

(IN BRIEF) Scania has introduced ProDriver, a digital coaching service designed to help professional drivers improve fuel efficiency and adopt sustainable driving habits. The service, which offers potential fuel savings of up to 5%, is accessible via the Scania Driver … Read the full press release

ING Accelerates Climate Action with Focus on Client Engagement and Sustainable Financing

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING’s 2024 Climate Progress Update outlines the bank’s enhanced efforts to help clients transition to a low-carbon economy. The report highlights ING’s Terra approach, which focuses on guiding carbon-intensive sectors toward climate goals. ING assessed the sustainability disclosures … Read the full press release

TotalEnergies Extends LNG Supply Agreement with CNOOC, Strengthening Chinese Market Position Until 2034

(IN BRIEF) TotalEnergies has extended its sales and purchase agreement with China’s CNOOC for an additional five years, committing to supply 1.25 million tons of liquefied natural gas (LNG) per year until 2034. This move enhances TotalEnergies’ long-term presence in … Read the full press release

Barclays Cuts Interest Rates on Green Loans to Help UK Farmers Transition to Net Zero

(IN BRIEF) Barclays has reduced interest rates on four of its Green Loans for Business to support UK agriculture and SMEs in their efforts to reduce emissions and enhance biodiversity. This move is part of Barclays’ commitment to financing the … Read the full press release

Global Postal Industry Marks 40% Emissions Reduction on Green Postal Day, Sets Ambitious 2030 Targets

(IN BRIEF) On Green Postal Day 2024, postal companies worldwide celebrated a 40% reduction in CO2 emissions since 2008. These companies are working towards further lowering emissions by 50% by 2030, with a focus on using renewable energy and sustainable … Read the full press release

European Auto Industry Urges Immediate Action as EV Demand Drops, Calls for Accelerated CO2 Regulation Review

(IN BRIEF) The European auto industry, represented by the European Automobile Manufacturers’ Association (ACEA), has called for urgent intervention from EU institutions due to a decline in demand for electric vehicles (EVs). The industry is concerned about meeting the 2025 … Read the full press release

Siemens’ Net-Zero Targets Validated by Science Based Targets Initiative for 2030 and 2050

(IN BRIEF) Siemens has received validation from the Science Based Targets initiative (SBTi) for its 2030 and 2050 net-zero emissions targets, confirming their alignment with the SBTi Net-Zero Standard. Siemens aims to reduce Scope 1 and 2 emissions by 90% … Read the full press release

Dutch Water Crisis: University of Twente Professor Urges Investment in Innovative Technologies to Secure Clean Water Future

(IN BRIEF) Professor Wiebe de Vos of the University of Twente has highlighted the urgent need to invest in innovative water technologies to address the Netherlands’ growing water crisis. Despite having some of the world’s best drinking water, the country’s … Read the full press release

MAN Unveils 2025 Lion with New PowerLion Drivetrain for Greater Efficiency and Comfort

(IN BRIEF) At the IAA Transportation 2024, MAN Truck & Bus unveiled the 2025 model of the MAN Lion, featuring improved fuel efficiency, lower CO2 emissions, and enhanced driver comfort. The new PowerLion drivetrain, including the D30 engine and TipMatic … Read the full press release

Outokumpu Unveils Key Strategies for Decarbonizing Steel Industry Amid Global Challenges

(IN BRIEF) Outokumpu is set to release a white paper addressing the future of the steel industry, highlighting the critical need for decarbonization and transformation amid growing geopolitical tensions. The report outlines five key shifts required to drive the green … Read the full press release

EIB and SGEF Poland Join Forces with €200 Million Financing for SMEs and Climate Action

(IN BRIEF) The European Investment Bank (EIB) is providing €100 million to SG Equipment Leasing Polska (SGEF Poland) to support Polish SMEs, with SGEF Poland expected to generate €200 million in total financing. At least 20% of the funds will … Read the full press release

EIB Approves €5.3 Billion for Climate Resilience, Urban Innovation, and Business Growth

(IN BRIEF) The European Investment Bank (EIB) has approved €5.3 billion in new funding to enhance climate resilience, urban development, and business innovation across Europe and beyond. The investments include €3.5 billion for smart city projects and sustainable infrastructure, €1.4 … Read the full press release

SSAB and Meka Pro Oy Partner to Produce Sustainable Cable Management Systems with Fossil-Free Steel

(IN BRIEF) SSAB and Meka Pro Oy have signed an agreement for the supply of fossil-free steel to be used in manufacturing cable management systems, such as cable ladders and trays. Starting in 2026, Meka Pro Oy will receive low-emission … Read the full press release

SSAB Partners with Trelleborg to Supply Fossil-Free Steel for Noise-Reducing Brake Pads in Electric Vehicles

(IN BRIEF) SSAB has entered into an agreement with Trelleborg Sealing Solutions Kalmar AB to supply fossil-free steel for the production of brake pad shims, crucial in reducing noise, especially in electric vehicles. This partnership responds to the increasing demand … Read the full press release

AI to Revolutionize Pancreatic Cancer Detection: TU/e Researchers Lead the Charge

(IN BRIEF) Researchers at Eindhoven University of Technology (TU/e) are developing AI-based solutions to improve the detection and treatment of pancreatic cancer, a highly deadly form of cancer. EngD candidate Victoria Bruno and PhD candidate Terese Hellström are collaborating with … Read the full press release

Stellantis Drives Manufacturing Innovation with AI and Sustainable Solutions at Factory Booster Day

(IN BRIEF) Stellantis is advancing its manufacturing processes through AI-driven innovations and sustainable solutions, as showcased at its ninth annual Factory Booster Day on September 18, 2024, in Turin, Italy. The event featured over 60 partners and 93 new technologies … Read the full press release

Strøm Gundersen Vestfold Secures NOK 122M Contract for New Apartment Building in Sandefjord

(IN BRIEF) Strøm Gundersen Vestfold, part of AF Gruppen, has secured a contract with Boligbyggelaget USBL AS to construct the Møllers Gate apartment building in Sandefjord. The project, valued at NOK 122 million (excluding VAT), involves the design, demolition, and … Read the full press release

Stora Enso’s New Timber Office in Helsinki Sets Benchmark for Sustainable Architecture

(IN BRIEF) Stora Enso has opened its new head office, Katajanokan Laituri, in Helsinki, the largest mass timber building in Finland. The four-storey structure, also housing the Solo Sokos Hotel Pier 4, showcases sustainable, low-carbon construction. Built with prefabricated wood … Read the full press release

GKN Aerospace Receives Silver Medal for Sustainability from EcoVadis

(IN BRIEF) GKN Aerospace has earned a Silver Medal from EcoVadis, a global leader in business sustainability assessments, after a thorough evaluation of its sustainability practices. The company scored 70, placing it in the top 92nd percentile among companies assessed … Read the full press release