Search Results for: sustainability

ANDRITZ Awarded Order to Enhance Andhra Paper’s Mill Capacity and Sustainability in India

(IN BRIEF) ANDRITZ, an international technology group, has secured an order from Andhra Paper Limited in India for a recovery boiler upgrade and sustainable technologies to increase capacity and achieve environmental goals. The upgrade includes a recovery boiler capacity increase, … Read the full press release

Nicola Leske Named Executive VP of Group Communications & Sustainability at DHL Group

(IN BRIEF) Nicola Leske has been appointed as the new Executive Vice President of Group Communications & Sustainability at DHL Group, starting from August 1, 2023. With over 20 years of experience in communications, Leske previously served as Managing Partner … Read the full press release

Schneider Electric Opens Applications for 2023 Sustainability Impact Awards, Expands to Include Customers and Suppliers

(IN BRIEF) Schneider Electric has announced the opening of applications for the second installment of the Schneider Electric Sustainability Impact Awards. Launched in 2022, these awards recognize the contributions of Schneider’s partner ecosystem in promoting sustainability and digital transformation in … Read the full press release

Lightsource bp Releases 2022 Sustainability Report, Showcasing Progress on Solar Projects and Environmental Stewardship

(IN BRIEF) Lightsource bp has released its 2022 Sustainability Report, detailing the company’s sustainability strategy, progress, and achievements. The report highlights the development of 3GW of solar projects, efforts to achieve biodiversity net gain, updated greenhouse gas emission inventories, and … Read the full press release

BASF Personal Care Shows Progress in Responsibly Active Sustainability Program

(IN BRIEF) BASF Personal Care has released the first progress report for its Responsibly Active sustainability program, focusing on its bioactives portfolio for personal care applications. The program includes commitments and action plans to protect natural resources, empower people along … Read the full press release

Versalis Publishes 2022 Sustainability Report Outlining Commitment to Carbon Neutrality

(IN BRIEF) Versalis, Eni’s chemical company, has released its 2022 Sustainability Report, highlighting its efforts to contribute to sustainable and circular models in alignment with Eni’s strategy. The report outlines Versalis’ targets for achieving carbon neutrality by 2050 and emphasizes … Read the full press release

Symrise Pet Food Rebrands its Nutrition Ingredients to Nuvin™, Expanding Growth and Sustainability

(IN BRIEF) Symrise Pet Food has announced the rebranding of its nutrition ingredients brand to Nuvin™, with a focus on expanding growth and advancing sustainability. The transformation aims to strategically strengthen the company’s pet food offering, encompassing egg, chicken, hydrolyzed … Read the full press release

The European Investment Bank (EIB) to provide a €460 million loan to Italy’s Hera Group to support its green transition and sustainability goals

(IN BRIEF) The European Investment Bank (EIB) has provided a €460 million loan to Italy’s Hera Group to support its green transition and sustainability goals. The loan aims to strengthen integrated water services, increase renewable energy production, promote energy efficiency, … Read the full press release

Port of Hull Enhances Efficiency and Sustainability with New Volvo L150H Shovel

(IN BRIEF) The Port of Hull, operated by Associated British Ports (ABP), has received a new Volvo L150H shovel at its dry bulk handling facility, North Gap. This investment is part of ABP’s ongoing efforts to improve infrastructure in the … Read the full press release

ABB Formula E Showcases E-Mobility in Rome, Highlighting Commitment to Sustainability

(IN BRIEF) The ABB FIA Formula E World Championship is set to take place in Rome this weekend, showcasing the excitement of e-mobility. The circuit, located in the south of the city, is one of the longest tracks on the … Read the full press release

UKRI Funds Innovative Projects to Drive Sustainability in Plastics

(IN BRIEF) UK Research and Innovation (UKRI) has announced £6 million in funding for five new projects aimed at achieving a significant shift towards sustainable plastics. Led by UK universities, these multidisciplinary projects will focus on easier recycling of multilayer … Read the full press release

BASF Shanghai Coatings Sites and Resin Plant Transition to 100% Renewable Energy, Advancing Sustainability Goals

(IN BRIEF) BASF Shanghai Coatings sites and BASF Coatings’ resin plant in Shanghai have announced their transition to 100% renewable energy usage in 2023. This move aligns with BASF Coatings’ global sustainability targets and contributes to carbon reduction efforts. Through … Read the full press release

GRAHAM Achieves £1 Billion Turnover Milestone, Demonstrating Strong Growth and Commitment to Sustainability

(IN BRIEF) GRAHAM, a leading national contractor and developer, has achieved a significant milestone by surpassing £1 billion in turnover. The company’s recently published accounts show a 15.3% increase in revenue compared to the previous year, reaching £1.094 billion. GRAHAM’s … Read the full press release

Trinity College Dublin and Green Tech Skillnet Offer 30% Discount on Green Courses to Drive Sustainability Education

(IN BRIEF) Trinity College Dublin has partnered with Green Tech Skillnet to offer a 30% discount on selected green diplomas and micro-credential courses. These courses cover a wide range of disciplines and focus on environmental sustainability and climate action. Eligible … Read the full press release

DHL Express Unveils State-of-the-Art Americas Hub in Atlanta, Prioritizing Sustainability and Enhanced Connectivity

(IN BRIEF) DHL Express has opened its Americas region hub at Hartsfield-Jackson Atlanta International Airport, marking an $84.5 million investment aimed at enhancing connections and service capabilities. The state-of-the-art hub, spanning 100,000 square feet, establishes direct links between major cities … Read the full press release

Siemens Partners with PRODEA Investments for Digital Transformation and Sustainability of Real Estate Portfolio

(IN BRIEF) Siemens, a global technology company, has teamed up with PRODEA Investments, a leading real estate investment company in Greece and Southeast Europe, to implement Building X, a digital building platform. The partnership aims to accelerate PRODEA Investments’ digital … Read the full press release

Rottneros Secures Long-Term Renewable Energy Partnership with EnBW to Drive Sustainability Goals

(IN BRIEF) Swedish pulp and paper company Rottneros has entered into a long-term Power Purchase Agreement (PPA) with EnBW Energie Baden-Württemberg AG, the third-largest energy group in Germany. Under the agreement, EnBW will supply Rottneros with over 30 GWh of … Read the full press release

ProCredit Group Opens ProEnergy Solar Park in Kosovo, Advancing Sustainability Goals

(IN BRIEF) The ProCredit group has achieved a sustainability milestone by opening ProEnergy, its own solar PV park in Lipjan, Kosovo. The 3 MWp photovoltaic park, implemented in collaboration with ProCredit Bank Kosovo, aims to transform Kosovo’s energy landscape and … Read the full press release

Financial Markets Association Urges Balanced Approach in Sustainability Due Diligence Directive Talks

(IN BRIEF) The Association for Financial Markets in Europe (AFME) has released a position paper urging negotiators to address important issues in the Corporate Sustainability Due Diligence Directive (CSDDD) proposal. As trilogue negotiations take place, AFME calls for a practical … Read the full press release

University of Dundee Establishes Binks Sustainability Institute to Address Climate Crisis

(IN BRIEF) The University of Dundee is launching the Binks Sustainability Institute to address the urgent need for sustainable living and tackle the climate crisis. The institute is made possible by a significant donation from the Binks Trust, facilitated by … Read the full press release

ANDRITZ to Boost Production and Sustainability at Mkhondo Paper Mill in South Africa

(IN BRIEF) ANDRITZ has been awarded a contract by Mpact Operations to upgrade the pulping line at the Mkhondo Paper Mill in South Africa. The upgrade will increase the line’s capacity and improve product strength to meet the demand for … Read the full press release

INEOS Publishes Global Sustainability Report: Leading in Safety, Climate Action, and Circular Economy

INEOS Publishes Global Sustainability Report: Leading in Safety, Climate Action, and Circular Economy

(IN BRIEF) INEOS, a global chemical manufacturing company, has released its sustainability report for 2022, highlighting its strong performance in safety and environmental goals. The report emphasizes INEOS’ commitment to achieving net-zero emissions by 2050 and reducing operational emissions by … Read the full press release

Deutsche Post AG Issues €500 Million Sustainability-Linked Bond Tied to Carbon Reduction Targets

Deutsche Post AG Issues €500 Million Sustainability-Linked Bond Tied to Carbon Reduction Targets

(IN BRIEF) Deutsche Post AG has successfully issued its first sustainability-linked bond worth €500 million. The bond’s interest rate is tied to the company’s ambitious CO2 emissions reduction targets. Deutsche Post AG aims to decrease its greenhouse gas emissions to … Read the full press release

Škoda Auto Demonstrates Commitment to Transparency and Sustainability with Dedicated Microsite Launch

(IN BRIEF) Škoda Auto has launched a dedicated microsite that provides comprehensive information on the company’s sustainability initiatives. The microsite covers Škoda’s environmental, social, and governance efforts, showcasing measures to reduce its CO2 footprint, community involvement, and commitment to being … Read the full press release

Poland’s ORLEN VC Backs Circunomics to Drive Electric Vehicle Battery Sustainability

(IN BRIEF) ORLEN VC, the largest corporate venture capital fund in Poland owned by the ORLEN Group, has invested in Circunomics, a platform for battery reuse and recycling in electric vehicles. The investment aims to reduce the carbon footprint of … Read the full press release

Rheinmetall Commences Construction of Solar Park in South Africa, Advancing Sustainability Goals

(IN BRIEF) Rheinmetall has begun constructing a solar park at its site in Somerset West, South Africa. The solar park, fully funded by Rheinmetall, is expected to be operational by year-end. The initiative aims to reduce the company’s environmental impact … Read the full press release

ANDRITZ Expands Sustainability Efforts in Nonwoven Industry with New Pilot Line

(IN BRIEF) ANDRITZ, the international technology group, has installed a new spunlace pilot line at its center of competence in Montbonnot, France. The pilot line enables customers and partners to conduct trials for producing nonwovens using recycled and/or natural fibers … Read the full press release

BASF Strengthens Commitment to Sustainability with Enhanced TripleS Evaluation

(IN BRIEF) BASF, a global chemical company, has updated its sustainability assessment method called TripleS (Sustainable Solution Steering) to further advance its product portfolio towards climate protection, resource efficiency, and circular economy. TripleS, which has been in place since 2012 … Read the full press release

Fast Company Turkey Names Garanti BBVA CEO Recep Baştuğ Among Top 50 Sustainability Leaders

Fast Company Turkey Names Garanti BBVA CEO Recep Baştuğ Among Top 50 Sustainability Leaders

(IN BRIEF) Garanti BBVA, Turkey’s second-largest private bank and a subsidiary of BBVA, proudly announces that its CEO, Recep Baştuğ, has been ranked fourth in Fast Company Turkey’s Top 50 Sustainability Leaders list. This recognition highlights Baştuğ’s exceptional commitment to … Read the full press release

Holcim at the Forefront of Science-Based Targets for Nature, Driving Sustainability in the Building Materials Industry

(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

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

(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

Bentley Drives Towards Carbon Neutrality with Launch of Sustainability Council and Publication of Sustainability Report

(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

Škoda Auto Demonstrates Dedication to Biodiversity Conservation with Global Sustainability Projects

(IN BRIEF) Škoda Auto demonstrates its commitment to biodiversity on the International Day for Biological Diversity by highlighting various initiatives and projects at its global production sites. These efforts include planting over 70,000 trees in 2023, conducting dendrological research and … Read the full press release

Glencore plc Releases 2022 Sustainability Report, Demonstrating Commitment to ESG Initiatives

(IN BRIEF) Glencore plc has released its 2022 Sustainability Report, which is now available on its website. The report encompasses the company’s environmental, social, and governance (ESG) initiatives and aligns with global reporting standards and principles. It focuses on material … Read the full press release

myDHLi Portal Introduces New Features to Boost Productivity, Resilience and Sustainability for DHL Global Forwarding Customers

(IN BRIEF) DHL Global Forwarding has introduced new features and updates to its myDHLi customer portal, aimed at improving logistics performance, resilience, and sustainability. The upgrades were unveiled during the third myDHLi Digital Summit, broadcast live from the transport logistic … Read the full press release

DHL Freight strengthens sustainability efforts with new intermodal rail freight service

(IN BRIEF) The news story is about DHL Freight launching a new, sustainable intermodal rail freight service between Germany and Denmark. The service will depart from Duisburg in Germany and Padborg in Denmark, with three weekly departures each way. The … Read the full press release

BBVA and EIF Commit €200 Million to Help Spanish Startups Embrace Sustainability and Digitalisation

(IN BRIEF) The European Investment Fund (EIF) and BBVA have signed an agreement under the InvestEU guarantee program to provide a €200 million guarantee to help BBVA’s specialised startup initiative, BBVA Spark, support startups with innovative and sustainable value propositions. … Read the full press release

Leadec Strengthens Core Business with New Services Related to Electric Mobility and Sustainability

(IN BRIEF) Leadec achieved record sales of €1.129 billion in fiscal year 2022, with 90% of orders from existing customers extended and core business strengthened with new services related to electric mobility, sustainability, and smart factory. Leadec’s total output increased … Read the full press release

Standard Chartered acts as Sustainability Coordinator and Hedge Coordinator in MISC Berhad’s sustainable-linked loan agreement

(IN BRIEF) Standard Chartered has played a key role in a USD527 million syndicated loan facility for MISC Berhad’s six Very Large Ethane Carriers (VLECs). The 11-year sustainable-linked non-recourse term loan aligns with MISC’s long-term sustainability goals of achieving net-zero … Read the full press release