Search Results for: sustainability

Henkel’s Sustainability Report 2023 Highlights Strong Environmental and Social Progress

(IN BRIEF) Henkel’s recently published sustainability report for 2023 underscores the company’s significant strides in advancing its global sustainability strategy. Notable achievements include a 61 percent reduction in CO2 emissions per metric ton of product since 2010 and an increase … Read the full press release

KPN’s Integrated Annual Report 2023: Advancing Connected Growth and Sustainability

(IN BRIEF) KPN unveils its Integrated Annual Report 2023 titled “Connected Growth,” highlighting a year of significant achievements and strategic advancements. The report emphasizes KPN’s commitment to expanding digital connectivity across the Netherlands, with notable growth in all segments and … Read the full press release

Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release

DHL and Formula 1 Extend Partnership to Drive Sustainability in Motorsports Logistics

(IN BRIEF) DHL and Formula 1 have announced a multi-year extension of their partnership, with DHL commemorating its 20th anniversary as the Official Logistics Partner of Formula 1. This collaboration, the longest-standing global partnership in the sport’s history, signifies a … Read the full press release

ABB Releases Integrated Report Showcasing Record-Breaking Year and Sustainability Progress

(IN BRIEF) ABB has released its Integrated Report, along with its Annual Reporting Suite for 2023, detailing the company’s strategy, business performance, governance, and sustainability achievements. The report highlights ABB’s record-breaking year in 2023, emphasizing its role as a technology … Read the full press release

ETZ Hospital Secures €115 Million Financing for Modernization and Sustainability Drive

(IN BRIEF) ETZ hospital has finalized a €115 million financing deal with the European Investment Bank (EIB) and BNG Bank to support the modernization of its St. Elisabeth location in Tilburg. This funding will facilitate the construction of a new … Read the full press release

Kalmar Secures Order for Electric and Hybrid Straddle Carriers to Enhance Sustainability at Hutchison Ports ECT Rotterdam

(IN BRIEF) Kalmar, a subsidiary of Cargotec, has finalized a deal to provide Hutchison Ports ECT Rotterdam with two fully electric and eight hybrid straddle carriers for its ECT Delta terminal, as part of a fleet renewal initiative. Scheduled for … Read the full press release

Škoda Auto Showcases Commitment to Sustainability in New Museum Exhibition

(IN BRIEF) Škoda Auto’s latest exhibition at the Škoda Museum in Mladá Boleslav highlights the company’s dedication to electrification and sustainability, running until June 16th. Featuring historical and current environmental projects, the exhibit details Škoda’s strategies to reduce emissions throughout … Read the full press release

Schneider Electric Achieves Record Sustainability Impact Score in 2023

(IN BRIEF) Schneider Electric, a global leader in energy management and automation, has announced its exceptional sustainability performance for 2023 alongside its annual financial results. Surpassing expectations, the Schneider Sustainability Impact (SSI) score reached 6.13 out of 10, exceeding the … Read the full press release

Dezeen Awards 2024 Launches with Bentley Motors Partnership, Celebrating Design Excellence and Sustainability

(IN BRIEF) Dezeen Awards 2024 has officially opened for entries, marking the seventh edition of the prestigious design awards program. Continuing its partnership with Bentley Motors, the awards aim to inspire and champion design excellence while promoting innovation for a … Read the full press release

GKN Powder Metallurgy Attains EcoVadis Platinum Rating, Setting Industry Standards in Sustainability

(IN BRIEF) GKN Powder Metallurgy has achieved the prestigious EcoVadis Platinum Rating, positioning the company in the top 1% globally for sustainability performance across its 27 manufacturing sites. Recognized for excellence in Labour & Human Rights, Environment, Ethics, and Sustainable … Read the full press release

INEOS Inovyn Unveils Ultra Low Carbon Chlor-Alkali Range, Revolutionizing Industrial Sustainability

(IN BRIEF) INEOS Inovyn introduces a groundbreaking Ultra Low Carbon (ULC) range of Chlor-Alkali products, slashing the carbon footprint of caustic soda, caustic potash, and chlorine by up to 70% compared to industry norms. Leveraging renewable energy sources such as … Read the full press release

WACKER Earns Top Climate Change Rating in CDP’s Annual Sustainability Assessment

(IN BRIEF) WACKER has achieved an exceptional milestone by securing the highest rating of A in the Climate Change category of the CDP’s annual sustainability assessment, reaffirming its leadership in climate protection. This recognition underscores WACKER’s commitment to environmental stewardship … Read the full press release

BASF Initiates Divestment from Xinjiang Joint Ventures Amid Sustainability Strategy Shift

(IN BRIEF) BASF, in line with its global strategy for 1,4-butanediol (BDO), commenced the process to divest its shares from joint venture companies in Korla, China, due to environmental concerns and evolving market dynamics. The decision follows an assessment of … Read the full press release

Unilever Reports Full Year 2023 Results: Focus on Sustainability and Growth Action Plan

(IN BRIEF) Unilever has announced its financial results for the full year 2023, revealing an underlying sales growth of 7.0% driven by positive volumes. Despite challenges such as adverse currency impacts and net disposals, the company achieved a turnover of … Read the full press release

Amelia Airlines Elevates Sustainability with Neste’s Sustainable Aviation Fuel

(IN BRIEF) Neste and French regional airline Amelia have entered into a partnership to use blended Neste MY Sustainable Aviation Fuel™ (SAF). Starting from January 1, 2024, Amelia has been using this sustainable aviation fuel for all flights departing from … Read the full press release

SEB Maintains Dominance as Nordic Sustainability Advisor

(IN BRIEF) SEB has been ranked as the top sustainability advisor for large companies and financial institutions in the Nordics for the fourth consecutive year. The ranking covers Sweden, Finland, Denmark, and the overall Nordic region. Prospera’s Sustainability Advisor 2023 … Read the full press release

BASF Coatings Pioneers Global Sustainability Certification Standard for Auto Refinishing

(IN BRIEF) In a bid to address the growing demand for sustainable accident repairs and uniform sustainability standards, BASF’s Coatings division is collaborating with industry partners, including associations, insurers, work providers, fleet operators, and body shops, to develop a global … Read the full press release

TotalEnergies Publishes Third Human Rights Briefing Paper, Reaffirming Commitment to Sustainability and Transparency

(IN BRIEF) TotalEnergies has released the third edition of its Human Rights Briefing Paper as part of its dedication to prioritizing sustainability in its strategy. The paper outlines the company’s commitments to internationally recognized human rights and reference texts, such … Read the full press release

Škoda Auto Enhances Scala and Kamiq Models with New Features and Sustainability Focus

(IN BRIEF) Škoda Auto has commenced production of the updated Scala compact car and Kamiq city SUV at its Mladá Boleslav plant, introducing new equipment features and advanced assistant systems usually reserved for higher vehicle classes. Notably, sustainable materials are … Read the full press release

LEGO House Introduces Interactive ‘Build the Change’ Experience Promoting Sustainability Through Play

(IN BRIEF) LEGO House in Billund, Denmark, has launched a new experience in collaboration with the LEGO Group’s ‘Build the Change’ initiative, commencing the 2024 season with an innovative twist. This interactive activity, developed over a year, aims to engage … Read the full press release

Leadec Strengthens Green Factory Solutions with Coventry Sustainability Hub

(IN BRIEF) Leadec, a global service specialist for factory lifecycle management, is enhancing its Green Factory Solutions with the introduction of a new Sustainability, Environmental, and Waste Services Green Hub in Coventry, UK. This expansion aims to bolster the company’s … Read the full press release

EIB Approves PLN 2 Billion for ENEA’s Electricity Grid Modernization in Poland, Boosting Sustainability and Energy Reliability

(IN BRIEF) The European Investment Bank (EIB) has given its approval for a second loan tranche of PLN 1 billion to ENEA to support the modernization and renovation of the electricity distribution network in western Poland. This follows the first … Read the full press release

Continental Leads Tire Industry in Sustainability with Innovative Technologies

(IN BRIEF) Continental, a leading international tire manufacturer, is at the forefront of sustainability in the industry. The company has integrated sustainable materials like recycled PET and rice husk ash silica from its Conti GreenConcept concept tire into its series … Read the full press release

Sustainability Milestone: Eurogrid’s Green Bonds Support 50Hertz’s Renewable Energy Goals

(IN BRIEF) Eurogrid, the parent company of 50Hertz, a transmission system operator, has secured 1.5 billion euros through its third and fourth Green Bond issuances. These funds will support grid expansion projects on land and at sea to enhance the … Read the full press release

WIIT Secures €10 Million Loan with Green Guarantee from Intesa Sanpaolo for Sustainability Projects

(IN BRIEF) WIIT S.p.A., a leading European enterprise cloud computing services provider, has received a €10 million loan with a Green Guarantee from Intesa Sanpaolo to support sustainability projects, specifically the pursuit of its Environmental Objectives under the WIIT4Climate initiative. … Read the full press release

Covestro Partners with Encina for Circular Chemicals Supply in Sustainability Drive

(IN BRIEF) Covestro, a leading global high-performance polymer company, has entered into a long-term supply agreement with Encina, a US-based producer of ISCC PLUS certified circular chemicals. Encina will supply Covestro with chemically recycled circular feedstock derived from post-consumer end-of-life … Read the full press release

Voith and Schumacher Packaging Successfully Upgrade PM 2 in Poland for Doubled Production Capacity and Sustainability

(IN BRIEF) Voith and Schumacher Packaging have achieved the successful startup of PM 2 in Myszków, Poland, following a comprehensive modernization project. The rebuild, led by Voith, has doubled the production capacity of lightweight containerboard grades from 500 to 1,000 … Read the full press release

Celebrating Sustainability: EIB Invests Over $1 Billion in Northvolt’s Gigafactory Expansion

(IN BRIEF) The European Investment Bank (EIB) is set to provide a substantial lending package of slightly over $1.038 billion (€942.6 million) to support the expansion of Northvolt’s gigafactory in Skellefteå, Sweden. This financing is a crucial component of a … Read the full press release

BevZero Announces Strategic Partnership with TOMSA Destil to Distribute equipment for sustainability in the wine industry, as well as the development of Next-Gen Dealcoholization technology

(IN BRIEF) BevZero and TOMSA Destil have partnered to revolutionize the beverage industry. They are developing a state-of-the-art dealcoholization technology called “ClearAlc” and offering eco-friendly solutions to wineries, including emissions reduction, CO2 recovery, energy efficiency, and wastewater treatment. This collaboration … Read the full press release

Business Leaders Optimistic for 2024 Despite Global Headwinds, Focusing on Technology and Sustainability Investments, Finds Capgemini Report

(IN BRIEF) According to the latest report by the Capgemini Research Institute, business leaders are entering 2024 with a heightened sense of optimism compared to the previous year, with 56% expressing confidence in their organization’s future growth despite ongoing global … Read the full press release

Bosch Showcases Electrification, Hydrogen, and Sustainability Innovations at CES 2024

(IN BRIEF) Bosch is at CES 2024, presenting its commitment to driving electrification and sustainable energy use, with a focus on hydrogen as a key solution. The company highlights innovations such as automated valet charging for electric vehicles, the use … Read the full press release

ContiTech’s Sustainability Drive: PV System Installations and Pilot Plants

(IN BRIEF) ContiTech, a sector of Continental, is making significant strides toward sustainability by installing a photovoltaic (PV) system at its Timișoara facility in Romania. Seven more locations are set to follow suit in 2024, supporting the company’s goal of … Read the full press release

UniCredit Bank Austria Issues €750 Million Green Covered Bond, Reinforcing Commitment to Sustainability

(IN BRIEF) UniCredit Bank Austria has issued a Green Covered Bond worth €750 million with a maturity of nearly 5 years, following its sustainability strategy. This marks the third green bond issuance by the bank, with the bookbuilding process oversubscribed … Read the full press release

EBRD Launches Risk-Sharing Framework with ProCredit Bank Kosovo to Boost SME Financing and Sustainability

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a risk-sharing framework for Kosovan banks, with ProCredit Bank Kosovo (PCBK) becoming the first partner bank to join. This framework allows the EBRD to share partner banks’ exposure … Read the full press release

ANDRITZ Revamps Shandong Huatai Paper’s Production Line, Creating World’s Largest Mechanical Pulping Facility and Boosting Sustainability

(IN BRIEF) ANDRITZ has successfully rebuilt a mechanical pulping line at Shandong Huatai Paper’s mill in China, increasing its capacity from 100,000 to 300,000 t/a, making it the world’s largest mechanical pulping line for printing and writing paper production. The … Read the full press release

DNV and Shandong Shipping Tanker Launch Joint Innovation Studio for Maritime Digitalization and Sustainability

(IN BRIEF) DNV and Shandong Shipping Tanker Co., Ltd (SDST) have announced the establishment of a Joint Innovation Studio to foster collaboration in digitalization and sustainability within the maritime industry. The studio, based at SDST’s Qingdao headquarters, aims to support … Read the full press release

Outokumpu Unveils Share-Based Programs for 2024–2026 with Focus on Sustainability and Performance

(IN BRIEF) Outokumpu’s Board of Directors has approved the initiation of the company’s share-based programs, the Performance Share Plan (PSP) and Restricted Share Pool (RSP), for the period spanning from 2024 to 2026. These programs will commence at the beginning … Read the full press release

Roche Achieves Top Sustainability Rankings in Pharmaceuticals Index for 15th Consecutive Year

(IN BRIEF) Roche (SIX: RO, ROG; OTCQX: RHHBY) has once again secured its position as one of the leading sustainable companies in the Pharmaceuticals sector within the Dow Jones Sustainability Indices (DJSI). In the latest rankings, Roche secured the third … Read the full press release

Linde Achieves 21st Consecutive Inclusion in Dow Jones Sustainability World Index

(IN BRIEF) Linde, a global industrial gas and engineering company, has announced its 21st consecutive inclusion in the Dow Jones Sustainability World Index (DJSI World), along with its inclusion in the DJSI North America. The DJSI World represents sustainability leaders … Read the full press release