Search Results for: sustainability

Sainsbury’s Launches Industry-First Egg Farmer Support Group to Ensure Future Resilience and Sustainability

(IN BRIEF) Sainsbury’s has launched the Sainsbury’s Egg Group, an industry-first initiative designed to support over 100 UK egg farmers by ensuring financial stability, promoting sustainable practices, and improving animal welfare. The group will guarantee that farmers receive at least … Read the full press release

European Investment Bank Reaches Milestone with Over EUR 100 Billion in Sustainability Funding Through New Climate Awareness Bond

(IN BRIEF) The European Investment Bank (EIB) has achieved a major milestone by surpassing EUR 100 billion in sustainability funding through its Climate and Sustainability Awareness Bonds (CABs and SABs). This achievement was marked by the issuance of a heavily … Read the full press release

VELUX Group Maintains Top 3% Global Ranking in Sustainability with Consecutive Gold Ratings from EcoVadis

(IN BRIEF) VELUX Group has been awarded a gold rating by EcoVadis, a leading global provider of sustainability assessments, for the second consecutive year. The company improved its score by 7 points in 2024, achieving 78 points, which places it … Read the full press release

SGS Selected as Official Reviewer for SIX Swiss Exchange’s New Climate Equity Flag, Boosting Corporate Transparency in Sustainability Efforts

(IN BRIEF) SGS has been approved by SIX Swiss Exchange as one of only two sustainability experts to act as official reviewers for the new ‘1.5°C Climate Equity’ flag. This flag allows Swiss-listed companies to demonstrate their commitment to limiting … Read the full press release

GRAHAM Sets New Standard in Sustainability with Verified Emissions Data

(IN BRIEF) GRAHAM has secured external verification of its greenhouse gas (GHG) emissions data for the fourth consecutive year through the Achilles Carbon Reduce scheme, in line with ISO 14064-1:2018 standards. This verified data underpins the company’s net zero strategy, … Read the full press release

Kapsch TrafficCom Leads Sustainability Efforts with Eco-Friendly On-Board Units

(IN BRIEF) Kapsch TrafficCom is enhancing sustainability with its TRP-4010 On-Board Unit (OBU) for toll collection, which has the smallest carbon footprint in its category. The company has introduced a refurbishment program that extends the lifecycle of these units, reducing … Read the full press release

Stanford University’s Sarah Billington Shares Insights on Integrating Sustainability and Inclusivity in Academia

(IN BRIEF) Sarah Billington, a Senior Fellow at Stanford University’s Woods Institute for the Environment, emphasized the importance of integrating sustainability and inclusivity within academic institutions in her contribution to the global discourse series “One Topic, One Loop.” She highlighted … Read the full press release

Borussia Dortmund and RWE Unite for Landmark Sustainability Initiative at SIGNAL IDUNA PARK

(IN BRIEF) Borussia Dortmund and RWE have entered a six-year partnership to enhance sustainability at SIGNAL IDUNA PARK, Germany’s largest football stadium. The collaboration includes installing the largest photovoltaic (PV) system on a stadium roof in Germany, with over 9,500 … Read the full press release

Iberdrola Strengthens Global Leadership in Sustainability with Continued FTSE4Good Index Inclusion

(IN BRIEF) Iberdrola has once again secured its place in the prestigious FTSE4Good index, highlighting its commitment to sustainability and responsible business practices. The company, led by Ignacio Galán, has maintained its position in the index since 2009, demonstrating strong … Read the full press release

Škoda Auto Powers Tour de France Femmes with Sustainability: Katarzyna Niewiadoma Takes Victory, Marianne Vos Wins Points Trophy

(IN BRIEF) Katarzyna Niewiadoma won the third edition of the Tour de France Femmes avec Zwift, with Marianne Vos taking the points classification title. Škoda Auto, the main partner of the event, provided 70 electric and plug-in hybrid vehicles, including … Read the full press release

BASF Launches Inaugural Care 360° Sustainability Days to Drive Industry Collaboration on Net-Zero Goals

(IN BRIEF) BASF is launching its first Care 360° Sustainability Days, a virtual event from September 17-19, 2024, aimed at fostering collaboration with industry leaders in the Personal Care, Home Care, I&I, and Industrial Formulators sectors. The event will focus … Read the full press release

Philips and Isala Hospital Extend Partnership to Boost Healthcare Innovation and Sustainability

(IN BRIEF) Philips and Isala Hospital have renewed their strategic partnership to enhance healthcare delivery through advanced technology, focusing on radiology and cardiology. The collaboration, which began in 2012, will continue for five years with an option to extend. The … Read the full press release

EBRD Backs Turkey’s Ulker with $90 Million Investment in Sustainability-Linked Eurobond

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested up to US$ 90 million (€83 million) in Ulker Biskuvi Sanayi’s first sustainability-linked Eurobond, part of a larger US$ 550 million issuance. This funding will help Ulker, a … Read the full press release

EIB Group 2023 Sustainability Report Highlights Major Climate Achievements

(IN BRIEF) The European Investment Bank (EIB) released its 2023 Sustainability Report, highlighting major achievements in climate action. EIB-financed projects are expected to cut greenhouse gas emissions by 5.2 million tonnes, equivalent to the carbon footprint of 520,000 European households. … Read the full press release

Continental Expands Product Range and Focuses on Sustainability at Automechanika Frankfurt 2024

(IN BRIEF) Continental is set to significantly expand its spare and wearable parts business at Automechanika Frankfurt 2024, focusing on sustainability and advanced driver assistance systems. The company will introduce multi V-belts made from renewable materials and a high-performance tire … Read the full press release

Amey Launches Planet+ Initiative to Enhance Sustainability Practices Among Employees

(IN BRIEF) Amey has launched the Planet+ initiative, a six-point framework designed to simplify and elevate sustainable behaviours among employees. This initiative supports Amey’s ESG strategy and aims to make sustainable choices more accessible, contributing to the company’s environmental goals, … Read the full press release

Merck Joins Intel-Led Consortium to Boost Semiconductor Supply Chain Resilience and Sustainability

(IN BRIEF) Merck has joined the “Semiconductor-X” research project, a consortium led by Intel Germany and the Fraunhofer IFF, focusing on the digitalization of semiconductor supply chains to improve resilience and sustainability. The project, funded by the German Federal Ministry … Read the full press release

Siemens Achieves EcoVadis Platinum Rating for Sustainability Excellence

(IN BRIEF) Siemens has attained the prestigious EcoVadis Platinum rating with an impressive score of 80 points, placing it among the top one percent of over 73,000 companies globally assessed. This recognition marks a significant advancement from Silver in 2021 … Read the full press release

Banca Transilvania Partners with EIB Group for Landmark RON 2 Billion Securitisation to Boost SME Financing and Sustainability

(IN BRIEF) Banca Transilvania has entered into a significant synthetic securitisation transaction worth RON 2 billion (€400 million), supported by the European Investment Fund (EIF) and the European Investment Bank (EIB). This transaction will reduce credit risk and release capital … Read the full press release

FS Group Secures Landmark €3.5 Billion Sustainability-Linked Credit Facility

(IN BRIEF) Ferrovie dello Stato Italiane S.p.A. (FS Group) has signed its largest ever financial deal, a €3.5 billion committed and revolving credit facility with a three-year term. The credit line, secured with nine banks including Banca Popolare di Sondrio, … 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

Crédit Agricole’s CA Auto Bank Unveils Comprehensive Sustainability Plan, Targets Electric Mobility Surge by 2026

(IN BRIEF) CA Auto Bank, a subsidiary of Crédit Agricole Personal Finance & Mobility, unveils its ambitious 2024-2026 Sustainability Plan, aiming to drive ethical profits while championing sustainability across its operations. Anchored by four strategic pillars – Sustainable Mobility, Innovation … Read the full press release

TotalEnergies Partners with Wood on $46M Contract to Enhance Energy Sustainability in Iraq

(IN BRIEF) Wood secures a $46 million contract over three years from TotalEnergies to provide engineering and consulting services for the Associated Gas Upstream Project in Iraq. The project aims to recover flared gas in the Basra region and includes … Read the full press release

Driving Green Change: FrieslandCampina Honors Dairy Farmers’ Commitment to Sustainability with Substantial Premiums

(IN BRIEF) FrieslandCampina member dairy farmers have received over 245 million euros in premiums for their sustainability efforts in 2023, marking a significant step towards enhancing sustainability within the dairy industry. Through initiatives like the ‘Foqus planet Sustainable development’ program, … Read the full press release

DNV and PETRONAS Collaborate to Drive Sustainability in Malaysia’s Energy Sector

(IN BRIEF) DNV and PETRONAS CCS Ventures have solidified their collaboration with the signing of a Master Price Agreement aimed at certifying carbon dioxide (CO2) storage sites and associated facilities for carbon capture and storage (CCS) projects in Malaysia. Building … Read the full press release

Neste and Valtra Partnership: Driving Global Sustainability with Renewable Diesel

(IN BRIEF) In a significant stride towards sustainability, Finnish tractor manufacturer Valtra, a division of AGCO Corporation, proudly announces the utilization of 5 million liters of Neste MY Renewable Diesel™ at its Suolahti factory in Finland. Collaborating with Neste since … Read the full press release

Haier Europe Partners with Orange Business to Drive Innovation and Sustainability

(IN BRIEF) Haier Europe, a leading global appliances company, partners with Orange Business to drive innovation and sustainability. Through this collaboration, Haier aims to optimize resource consumption, extend product lifespan, and establish itself as a data-driven enterprise offering smart home … Read the full press release

EIB Signs €75.5 Million Deal to Revamp Montenegro’s Railways, Boosting Connectivity and Sustainability

(IN BRIEF) In a significant move towards enhancing transportation infrastructure, the European Investment Bank (EIB) Global has sealed a €75.5 million financial agreement for the reconstruction of a crucial 167 km railway section connecting Bar, Podgorica, and Vrbnica in Montenegro. … Read the full press release

Ferrero Group Releases 15th Sustainability Report, Showcasing Progress Across Key Pillars

(IN BRIEF) The Ferrero Group unveils its 15th Sustainability Report, highlighting significant advancements in its sustainability journey across key pillars such as environmental protection, responsible ingredient sourcing, promoting responsible consumption, and empowering people. Led by Giovanni Ferrero, the Executive Chairman, … Read the full press release

Swissport Makes Strides Towards Sustainability Goals with Electric Vehicle Rollout at Basel and Geneva Airports

(IN BRIEF) Swissport, a prominent airport ground service provider, is advancing its sustainability agenda with the introduction of new electric vehicles (EVs) at Basel and Geneva airports. Aligned with the Science-Based Targets initiative, Swissport aims to achieve short-term CO2 reduction … Read the full press release

Barclays and Unreasonable Impact Welcome 12 Ventures Advancing Sustainability in Asia Pacific

(IN BRIEF) Unreasonable Impact, in collaboration with Barclays, has unveiled the latest cohort of ventures joining its Asia Pacific program, aimed at fostering sustainable solutions to pressing societal and environmental challenges. The 12 ventures selected span diverse sectors, from healthcare … Read the full press release

IKEA Stores Transform Car Parks into Flea Markets to Promote Sustainability

(IN BRIEF) As part of the ongoing ‘Keep good things going’ campaign, IKEA Retail countries like Belgium, France, and Sweden are converting their store car parks into flea markets to encourage customers to extend the lifespan of their products. The … Read the full press release

STARK Denmark Wins Finans Impact Climate Award 2024 for Sustainability Initiative, KlimaLog

(IN BRIEF) STARK in Denmark has been honored with the prestigious Finans Impact Climate Award 2024 for its sustainability initiative, KlimaLog. KlimaLog aims to reduce the construction industry’s climate impact by providing stakeholders with transparent information and documentation about the … Read the full press release

PUMA and Borussia Dortmund Unveil Timeless 2024/25 Home Kit with Sustainability Focus

(IN BRIEF) PUMA and Borussia Dortmund have launched the 2024/25 Home kit, paying homage to the club’s rich heritage while incorporating modern design elements. The classic Black & Yellow kit features a sleek pinstripe flair, symbolizing Dortmund’s enduring legacy and … Read the full press release

Glencore Releases 2023 Sustainability Report Highlighting Commitment to ESG Principles

(IN BRIEF) Glencore plc unveiled its 2023 Sustainability Report, emphasizing its dedication to environmental, social, and governance (ESG) principles. The report outlines the company’s progress in various sustainability-related areas, including its approach, performance, and activities throughout the year. Case studies … Read the full press release

Siemens and Foxconn Forge Alliance to Revolutionize Smart Manufacturing and Sustainability

(IN BRIEF) Siemens AG and Hon Hai Technology Group (Foxconn) have inked a memorandum of understanding (MoU) to spearhead digital transformation and sustainability in smart manufacturing platforms. This collaboration aims to optimize global manufacturing processes, particularly in electronics, information and … Read the full press release

Vienna Insurance Group Strengthens Sustainability Commitments with Expanded Declarations and New Group Sustainability Office

(IN BRIEF) Vienna Insurance Group (VIG) reinforces its sustainability commitments by expanding its sustainability declarations in investment and underwriting and establishing its own “Group Sustainability Office” as part of the ongoing VIG 25 sustainability programme. The updated declarations outline stringent … Read the full press release

EIF and Greek Government Launch €200 Million Equity Fund to Boost Innovation in Life Sciences and Sustainability Sectors

(IN BRIEF) Greek startups and SMEs in life sciences, healthcare, and sustainability sectors are set to receive a significant boost with the launch of a €200 million equity agreement managed by the EIF arm of the EIB Group. The agreement, … Read the full press release

EIF’s €200 Million Equity Mandate Boosts Greek Innovation and Sustainability

(IN BRIEF) The Hellenic Republic has entrusted the European Investment Fund (EIF) to manage €200 million from European structural funds and national resources to provide equity financing for Greek startups and SMEs in the life sciences, healthcare, and sustainability sectors. … Read the full press release

LANXESS Debuts High-Purity Aroma Chemicals at SIMPPAR, Emphasizes Sustainability in Perfumery

(IN BRIEF) At the SIMPPAR exhibition in Grasse, France, LANXESS showcased its comprehensive range of high-purity, nature-identical aroma chemicals for the first time, including innovative grades of Kalama benzyl benzoate and other developing aromatic ingredients. Featuring an array of floral, … Read the full press release