Tag Archives: Climate

EU Businesses Lead Climate and Digital Investments Despite Economic Challenges, EIB Survey Shows

(IN BRIEF) The European Investment Bank’s (EIB) 2024 Investment Survey reveals that over 60% of EU companies have already invested in climate change mitigation and adaptation, while more than 70% have embraced digital transformation. The survey, covering 12,000 firms across … Read the full press release

Outokumpu Recognized as Europe’s Climate Leader for Second Consecutive Year

(IN BRIEF) Outokumpu, a global leader in sustainable stainless steel production, has once again been honored as one of Europe’s Climate Leaders by the Financial Times. This recognition underscores Outokumpu’s commitment to reducing greenhouse gas emissions and advancing transparency in … Read the full press release

Unreasonable Impact UK & Europe Programme Welcomes 13 Ventures Addressing Climate and Social Challenges

(IN BRIEF) Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, has unveiled 13 new ventures joining its UK & Europe programme, each dedicated to tackling pressing global challenges. The ventures, ranging from food waste reduction to sustainable reforestation and … Read the full press release

European Investment Fund Fuels Blue Economy with €20 Million Aquaculture Investment

(IN BRIEF) The European Investment Fund (EIF) has announced a €20 million investment under the InvestEU program to support the Blue Revolution Fund, managed by Hatch Blue. This investment aims to boost early-stage aquaculture enterprises, address market deficiencies, and promote … Read the full press release

Low-Carbon Hydrogen Focus: RWE and Equinor’s Innovative Value Chain

(IN BRIEF) RWE and Equinor have entered into a new supply contract for 10 to 15 terawatt hours (TWh) of natural gas annually, spanning until 2028. This collaboration strengthens their longstanding partnership and aims to enhance security of supply and … Read the full press release

Cargill and Solidaridad Form $4.6 Million Global Partnership to Enhance Farmer Livelihoods and Sustainable Farming Practices

(IN BRIEF) Cargill and Solidaridad have initiated a strategic global partnership aimed at enhancing the livelihoods of farmers, promoting climate-friendly farming practices, and advancing conservation and responsible land use. Over a three-year period, the $4.6 million program will impact approximately … Read the full press release

Henkel Adhesive Technologies Implements Sustainable Portfolio Assessment Methodology

(IN BRIEF) Henkel Adhesive Technologies, a global leader in adhesives, sealants, and functional coatings, has introduced an audited methodology for assessing the sustainability performance of its product portfolio. The assessment methodology, developed to align with Henkel’s Sustainability Ambition 2030, evaluates … Read the full press release

Study Reveals Evolution of Proboscidean Teeth in Response to Climate and Dietary Changes

(IN BRIEF) New research from the University of Helsinki sheds light on the evolutionary adaptations of proboscideans, including ancient relatives of modern elephants, in response to dietary changes triggered by vegetation shifts and climate variations over the last 26 million … Read the full press release

Evonik’s Climate Targets Confirmed by Science-Based Initiative, Paving the Way for Sustainable Growth

(IN BRIEF) Evonik’s climate targets have been scientifically verified and confirmed by the independent Science Based Targets initiative (SBTi), aligning with the Paris Agreement’s goal of limiting global warming. The company aims to reduce greenhouse gas emissions by 25% by … Read the full press release

Spanish Social Impact Fund ‘IB Deuda Impacto España’ Receives €30 Million Investment from EIF

(IN BRIEF) The European Investment Fund (EIF) has committed €30 million as a cornerstone investment in the ‘IB Deuda Impacto España’ fund, which supports Spanish businesses investing in high social impact areas. MicroBank, CaixaBank’s social arm, has also contributed €10 … Read the full press release

SEB Investment Management adopts net zero GHG emissions target by 2040 as part of new sustainability policy

(IN BRIEF) SEB Investment Management has updated its sustainability policy, adding new exclusion criteria for biodiversity. The policy focuses on five themes: climate, biodiversity, water, human rights and labour rights, and corporate governance. The fund company will not invest in … Read the full press release

Holcim commits CHF 2 billion to capture over 5 million tons of CO2 per year by 2030

(IN BRIEF) Holcim has published its second climate report, sharing the acceleration of its net zero journey and upgraded 2030 climate targets, which are aligned with the 1.5°C framework and validated by the Science Based Targets initiative. The company aims … Read the full press release

TotalEnergies updates climate ambition in 2023 Progress Report

(IN BRIEF) TotalEnergies has released its Sustainability & Climate – 2023 Progress Report, which highlights the company’s transformation strategy and its updated climate ambition. The report reveals that TotalEnergies was the most profitable major among the five super-majors in 2022, … Read the full press release

The SBTi validation of Icade’s decarbonisation objectives reaffirms its leading role in the sustainable real estate

(PRESS RELEASE) PARIS, 7-Oct-2022 — /EuropaWire/ — Icade (EPA: ICAD), a multinational integrated real estate player with a portfolio worth €14.8 billion and part of Caisse des dépôts et consignations, has announced its decarbonisation objectives for 2030 and 2050 for … Read the full press release

EQT announces the launch of EQT Active Core Infrastructure, a EUR 5 billion longer-hold fund with a focus on core infrastructure companies that provide essential services to society

(PRESS RELEASE) STOCKHOLM, 2-Mar-2022 — /EuropaWire/ — EQT, a purpose-driven global investment organization, has announced the launch of EQT Active Core Infrastructure, a longer-hold fund with a focus on core infrastructure companies that provide essential services to society. The launch … Read the full press release

Skandinaviska Enskilda Banken lead manager for World Bank’s NOK 3.5 billion Sustainable Development bond issuance

(PRESS RELEASE) STOCKHOLM, 14-Jan-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it was the lead manager for the recent NOK 3.5 billion (EUR 350 million) Sustainable … Read the full press release

Global Risks Report 2022: climate crisis remains the biggest long-term threat facing humanity

Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on Global survey of experts finds only 1 in 6 are optimistic and only 1 in 10 believe the global recovery … Read the full press release

BASF’s activities in climate, water and forests recognized again by CDP this year

BASF achieves “A-” rating for water management and forest protection Continued excellent “A-” ranking for climate protection despite stricter requirements (PRESS RELEASE) LUGWIGSHAFEN, 13-Dec-2021 — /EuropaWire/ — BASF (ETR: BAS), world’s largest chemical producer, has announced that its activities in … Read the full press release

Saint-Gobain among the only 200 companies included in the Climate Change A List of CDP

(PRESS RELEASE) LA DEFENSE CEDEX, 8-Dec-2021 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced that the company has made this year’s “Climate Change A List” once again. Established by CDP, … Read the full press release

New media brand called 2050 launching in early 2022 to target young people concerned about the environment and climate change

(PRESS RELEASE) MUNICH, 1-Dec-2021 — /EuropaWire/ — Burda Verlag, a German media group, has announced the launch of a new print magazine with focus on environment, society, culture and business. The new media brand will be called 2050 and will … Read the full press release

Neste holds its Capital Markets Day 2021 as a webcast on 23 September 2021: strategy execution, market outlook, updated strategic targets

(PRESS RELEASE) ESPOO, 23-Sep-2021 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced its Capital Markets Day 2021 held as a … Read the full press release

Vattenfall joins the Science Based Targets Network’s Corporate Engagement Program initiative

(PRESS RELEASE) STOCKHOLM, 26-Mar-2021 — /EuropaWire/ — Vattenfall aims to actively participate in the development of new methods and guidance to protect and restore nature based on science by joining the initiative Science Based Targets Network Corporate Engagement Program. Since … Read the full press release

Total commits to development of natural carbon sinks in Africa through partnership with Forêt Ressources Management and Republic of the Congo

(PRESS RELEASE) PARIS, 16-Mar-2021 — /EuropaWire/ — Total announces partnership with Forêt Ressources Management and Republic of the Congo for a new project which involves planting a 40,000-hectare forest on the Batéké Plateaux. The new forest will create a carbon … Read the full press release

Fortum Group new biodiversity targets: at least 12 voluntary measures enhancing biodiversity to be implemented in 2021

(PRESS RELEASE) ESPOO, 18-Dec-2020 — /EuropaWire/ — Energy company Fortum announces new biodiversity targets for its entire Group, including Uniper. Fortum commits to implementing more than 12 major voluntary measures that enhance biodiversity in 2021. The biodiversity target was announced … Read the full press release

Real estate investment firm Wereldhave commits to align its Full Service Centers with the objectives of the Paris Climate Agreement

Real estate investment firm Wereldhave commits to align its Full Service Centers with the objectives of the Paris Climate Agreement

The RE firm will establish a 2°C roadmap for its Full Service Centers aimed at reducing carbon emissions (PRESS RELEASE) SCHIPHOL, 13-Mar-2020 — /EuropaWire/ — Real estate investment firm Wereldhave active in the Netherlands, Belgium and France said it will … Read the full press release

Unilever: Renewable is doable: we now source 100% renewable electricity across five continents

Unilever: Renewable is doable: we now source 100% renewable electricity across five continents

Unilever advances on its RE100 goal: now sourcing 100% renewable electricity across five continents (PRESS RELEASE) LONDON/ROTTERDAM, 16-Sep-2019 — /EuropaWire/ — Unilever announced that it is making further progress on its RE100 goal as it works to become a ‘carbon … Read the full press release

Natixis to issue green structured note in Groupe Gan Vie life insurance policies aimed at supporting the fight against climate change

(PRESS RELEASE) PARIS, 29-Apr-2019 — /EuropaWire/ — Natixis and Groupama Group‘s subsidiary Groupama Gan Vie will launch the first green structured note aimed at supporting the energy transition. The innovative unit-linked insurance product will be issued by Natixis (Issuer: Natixis … Read the full press release

New precipitation index developed to compare the risks that different cities face from extreme precipitation

(PRESS RELEASE) DELFT, 17-Jan-2019 — /EuropaWire/ — TU Delft and consultancy firm HKV have developed a precipitation index in order to compare the risks that different cities face from extreme precipitation. The method has been applied to the Dutch provincial capitals. … Read the full press release

World Economic Forum’s Global Risks Report 2019: Worsening international relations hinders action across a growing array of serious challenges

Rising geopolitical and geo-economic tensions are the most urgent risk in 2019, with 90% of experts saying they expect further economic confrontation between major powers in 2019 Environmental degradation is the long-term risk that defines our age, with four of … Read the full press release

INSEAD to sponsor the UN’s Sustainable Development Goals Tent during the World Economic Forum (WEF) annual meetings in Davos, Switzerland

New INSEAD institute to host thought leaders, chief executives and experts to seek solutions that achieve the UN Sustainable Development Goals (PRESS RELEASE) Fontainebleau, France, 17-Jan-2019 — /EuropaWire/ — INSEAD, the Business School for the World, is partnering to sponsor the … Read the full press release

Natixis to support low-carbon and climate resilient economy by joining the Climate Bonds Initiative (CBI) Partners Program

Natixis has joined the Climate Bonds Initiative (CBI) Partners Program to support investment towards a low-carbon and climate resilient economy. (PRESS RELEASE) PARIS/LONDON, 14-Jan-2019 — /EuropaWire/ — Natixis has joined the Climate Bonds Initiative (CBI) Partners Program, an international network of … Read the full press release

Swedbank acted as lead manager for Stockholm County Council’s SEK 2.5bn green benchmark bond

STOCKHOLM, 26-Nov-2018 — /EuropaWire/ — On November 19th 2018 Stockholm County Council (“SCC”) issued SEK 2.5bn Green Bond, due 2021. Swedbank acted as lead manager for this public green benchmark bond. This deal is in fact, the largest green municipal transaction … Read the full press release

Energy Transitions Commission (ETC) report: full decarbonisation of hard-to-abate sectors is possible, making ambitious climate objectives achievable

New report on net-zero greenhouse gas (GHG) emissions from hard-to-abate sectors published by ETC today Report shows that net-zero GHG emissions are technically and financially possible ETC commissioners are leading figures from industry, investors, not-for-profit organisations and academics, including EBRD Managing … Read the full press release

ETH Zurich and MeteoSwiss: Switzerland becomes drier, hotter and less snowy, and will struggle with heavier rainfall in the future

ZURICH, 14-Nov-2018 — /EuropaWire/ — Switzerland is becoming drier, hotter and less snowy, and will struggle with heavier rainfall in the future – these are the conclusions reached by climate researchers from MeteoSwiss and ETH Zurich. Today, they presented the Climate … Read the full press release

Valio aims for a carbon-neutral milk chain

HELSINKI, 01-Oct-2018 — /EuropaWire/ — The record warm summer sparked a discussion about climate change and the future of food production in Finland and Europe. The environmental impacts of meat and milk production are at the core of the discussion because … Read the full press release

Capgemini received the Railsponsible Climate Change Supplier Award in the category “General Services Related to Rail”

Capgemini recognized for its commitment to creating sustainable solutions for its clients and its ability to execute its climate strategy PARIS, 28-Sep-2018 — /EuropaWire/ — Capgemini announced today that it has received the Railsponsible Climate Change Supplier Award in the category “General Services Related … Read the full press release

New five-year marine research programme aims to provide data, models and technology to help understand the impacts on the Atlantic Ocean environment

A new £22 million research programme will investigate the impacts of climate change and human activities on the Atlantic Ocean, from the surface to the deep seabed. SWINDON, 09-Aug-2018 — /EuropaWire/ — Commissioned by NERC, the new five-year marine research programme, … Read the full press release

UK Research & Innovation: Sentinel-5 successfully completed thermal testing in the space test facility in Oxfordshire

SWINDON, 09-Aug-2018 — /EuropaWire/ — A model of future European space mission Sentinel-5 has successfully completed thermal testing in our world-class space test facility in Oxfordshire. This is an essential step that will allow the Earth Observation project to progress … Read the full press release

E.ON Climate & Renewables takes over the German activities of Kassel-based Vortex Energy

Expansion of onshore activities in Germany planned ESSEN, 10-May-2018 — /EuropaWire/ — E.ON wants to produce more wind energy in Germany. To implement this strategy, E.ON Climate & Renewables is now taking over the German activities of Kassel-based Vortex Energy. … Read the full press release

Allianz will phase out both its proprietary investments in coal-based business and its insurance coverage of such risks by 2040

Withdrawal from insuring single coal-fired power plants and coal mines in operation or planning, effective immediately Exclusion of coal risks by 2040 in Property and Casualty business and in proprietary investments Joining the Science Based Target Initiative: Commitment to the … Read the full press release