Tag Archives: climate goals

Construction Begins on Eastern Green Link 1, a Subsea Electricity Superhighway to Power Two Million Homes

(IN BRIEF) The Eastern Green Link 1 project, a joint venture between SP Energy Networks and National Grid Electricity Transmission, has begun construction on a subsea electricity cable that will provide green power to two million homes. This £2.5 billion … Read the full press release

E.ON, Coventry City Council, and Kestrix Launch Thermal Drone Project to Improve Energy Efficiency

(IN BRIEF) E.ON, Coventry City Council, and Kestrix have partnered to enhance energy efficiency in the city using thermal camera drones and 3D heat loss modelling to collect data on heat losses from buildings. This collaboration aims to improve energy … Read the full press release

EIF Backs Nordic Climate-Tech Innovation with €34.6 Million Commitment to Course Corrected VC Fund II

(IN BRIEF) The European Investment Fund (EIF) has pledged €34.6 million to Course Corrected VC Fund II, a venture-capital fund dedicated to backing early-stage climate-tech companies in the Nordic region. This funding will help the fund reach its target size … Read the full press release

EIB Supports Czech Rail Upgrades with €466 Million Loan to Enhance Sustainability and Safety

(IN BRIEF) The EIB is loaning €466 million to the Czech Republic to upgrade railway infrastructure as part of a larger European effort to improve rail services and meet climate goals. The funding will support key projects such as the … Read the full press release

LEGO Group Expands Solar Energy Capacity, Accelerates Sustainability Efforts

(IN BRIEF) The LEGO Group has made significant progress in its sustainability efforts by increasing its solar energy capacity by 61% globally over the past two years. The company has installed solar panels across six factory sites and plans to … Read the full press release

Stora Enso and ECOR Global Unveil Groundbreaking Bio-Based, Formaldehyde-Free Product at Stockholm Furniture Fair

(IN BRIEF) Stora Enso and ECOR Global have partnered to create a revolutionary product that combines sustainability and safety by using NeoLigno, a bio-based, formaldehyde-free binder. This new innovation replaces traditional fossil-based binders, offering a fully recyclable and bio-based board … Read the full press release

Rabobank and EIB Extend Support for Sustainable SMEs with €300 Million Impact Loan

(IN BRIEF) Rabobank and the European Investment Bank (EIB) have announced the availability of €300 million through a new impact loan aimed at supporting small and medium-sized enterprises (SMEs) focused on sustainable development. This new funding increases Rabobank’s ongoing commitment … Read the full press release

EIB Grants SEK €225 million Loan to Malmö for Sustainable Housing Project

(IN BRIEF) The European Investment Bank (EIB) has granted a SEK 2.6 billion loan to the City of Malmö to finance the construction of over 1,500 energy-efficient apartments. This loan furthers the city’s commitment to sustainability and meets EU climate … Read the full press release

MAHLE Implements Groundbreaking PVT System for Sustainable Energy at Vaihingen-Enz Plant

(IN BRIEF) MAHLE is pioneering sustainable energy practices at its Vaihingen-Enz plant in Germany by introducing a photovoltaic thermal (PVT) system using over 1,000 PVT hybrid modules from Sunmaxx. The system will generate both electricity and thermal energy, reducing the … Read the full press release

Eneco Launches Kabeljauwbeek Solar Farm to Power KPN Networks with Green Energy

(IN BRIEF) Eneco has officially launched the Kabeljauwbeek solar farm, its largest solar project to date, which began producing electricity on January 1, 2025. The farm, located in Noord-Brabant, will supply KPN’s fixed and mobile networks with 47 gigawatt hours … Read the full press release

Boliden Pioneers Linking Climate Goals to Financial Agreements in Mining Sector

(IN BRIEF) Boliden, a leading mining and metals company, has taken a groundbreaking step by integrating climate goals validated by the Science Based Targets initiative (SBTi) into its existing revolving credit facilities agreement (RCF). The RCF, totaling EUR 850 million, … Read the full press release

AFRY Showcases Climate Leadership and Sustainable Solutions at COP28

(IN BRIEF) AFRY, a global sustainability and engineering company, is participating in COP28, the United Nations Climate Change Conference, as part of the Business Sweden delegation. AFRY aims to highlight its sustainable solutions and leadership in addressing the climate crisis. … Read the full press release

Volvo Trucks and Boliden partner to introduce electric trucks in underground mines

(IN BRIEF) Volvo Trucks and mining company Boliden are partnering to introduce electric truck transport in underground environments. The partnership will involve Boliden using two heavy, electric Volvo trucks in their Kankberg mine, outside Skellefteå in northern Sweden. The electric … Read the full press release

Protecting Brazil’s savannas and dry forests vital for achieving climate goals, according to new research by Exeter and Campinas universities

(IN BRIEF) A new study led by the universities of Exeter and Campinas shows that Brazil must protect and restore its dry forests and savannas to achieve its climate goals. While attention is often on the Amazon rainforest, the researchers … Read the full press release

WWF, the world leader in nature conservation, and Ørsted, the world’s most sustainable energy company, partner over achieving a net-positive biodiversity impact when developing offshore wind

(PRESS RELEASE) FREDERICIA, 26-Oct-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants as well as the world’s most sustainable energy company, has announced a … Read the full press release

Das finnische Medien- und Digitalunternehmen Alma Media sieht seine Ziele zur Reduzierung der Treibhausgasemissionen von der internationalen Science Based Targets Initiative (SBTi) formell validiert

(PRESSEMITTEILUNG) HELSINKI, 22-Jul-2022 — /EuropaWire/ — Alma Media (HEL: ALMA), ein finnisches Medien- und Digitaldienstunternehmen , hat bekannt gegeben, dass seine Ziele zur Reduzierung der Treibhausgasemissionen kürzlich von der internationalen Science Based Targets Initiative (SBTi) offiziell validiert wurden, der globalen … Read the full press release

Finnish media and digital firm Alma Media sees its greenhouse gas emissions reduction targets formally validated by the international Science Based Targets initiative (SBTi)

(PRESS RELEASE) HELSINKI, 22-Jul-2022 — /EuropaWire/ — Alma Media (HEL: ALMA), a Finnish media and digital service business company, has announced that its greenhouse gas emissions reduction targets have recently been formally validated by the international Science Based Targets initiative … Read the full press release

Vattenfall to deliver fossil-free energy from its Nordic hydropower plants to Neste in Finland

(PRESS RELEASE) STOCKHOLM, 22-Dec-2021 — /EuropaWire/ — Vattenfall, a Swedish Gov-owned multinational power company, has announced it has signed a hydropower agreement for an annual volume of 800 GWh of electricity purchased with Guarantees of Origin (GOs) with Neste, the … Read the full press release

Gasum biogas used in Post Nord’s biogas-powered vehicles for the delivery of Tamro medicines

(PRESS RELEASE) ESPOO, 26-Oct-2021 — /EuropaWire/ — Gasum, a Finnish state-owned energy company responsible for the import of the nation’s natural gas, has announced that its biogas is used in the Post Nord’s biogas-powered vehicles for the transportation of medicines … Read the full press release

Nutreco, Aqua-Spark and PFR Life Science invest EUR 21 million in Proteon Pharmaceuticals to accelerate the reduction of antibiotics used in aquaculture and livestock farming

(PRESS RELEASE) AMERSFOORT, 10-Aug-2021 — /EuropaWire/ — Nutreco, leading company in the field of animal nutrition and aquafeed, has announced it is leading a EUR 21 million financing round together with Aqua-Spark and PFR Life Science, a portfolio company of … Read the full press release