Tag Archives: sustainability

Continental’s Study Reveals Global Disparities in Agricultural Digitalization

(IN BRIEF) Continental, in collaboration with Innofact AG, conducted a study titled “Agriculture in transition,” surveying 503 farmers across five countries, shedding light on the digitalization levels in agriculture worldwide. The findings indicate varying degrees of digital adoption, with some … Read the full press release

Vodafone Leads Landing of 2Africa Submarine Cable in Portugal

(IN BRIEF) Vodafone spearheaded the landing of the 2Africa submarine cable, the world’s largest, in Portugal’s Carcavelos, Cascais, bolstering the country’s connectivity to Africa and beyond. The 2Africa project, launched in May 2020, aims to enhance internet connectivity between Africa, … Read the full press release

Mercedes me Eco Coach App Surpasses 200,000 Users, Enhances Environmental Awareness

(IN BRIEF) With over 200,000 registered users, the Mercedes me Eco Coach app has become a popular tool for promoting environmentally conscious driving behavior among electric car and plug-in hybrid owners. The app serves as a digital personal trainer, offering … Read the full press release

BBVA’s Successful €1 Billion Green Bond Issue Exceeds Demand

(IN BRIEF) BBVA’s issuance of a €1 billion seven-year green senior preferred bond on Friday garnered overwhelming demand, reaching €3.3 billion, indicating investor confidence in the bank’s sustainability initiatives. The final price was set at mid-swap plus 90 basis points, … Read the full press release

EQT Reflects on Strong Performance and Global Expansion in Annual Report

(IN BRIEF) EQT, a leading investment firm, reviews its accomplishments in the past year, highlighting the successful integration of BPEA into EQT Private Capital Asia, the establishment of new strategies for individual investors, and increased investment activity despite market uncertainties. … Read the full press release

EBRD Funds Modern Wastewater Treatment Plant in Kazakhstan’s Aktobe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is spearheading efforts to tackle water treatment and environmental challenges in Aktobe, Kazakhstan’s fourth-largest municipality, through the financing of a new wastewater treatment plant and associated infrastructure. With a sovereign … Read the full press release

EIB Supports Iberdrola’s Green Grid Expansion with €700 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release

Terna Initiates €38 Million Project to Enhance Electricity Grid in Caserta and Naples

(IN BRIEF) Terna, under the leadership of Giuseppina Di Foggia, embarks on a significant project to revamp the electricity grid in certain areas of Caserta and Naples, with an investment exceeding 38 million euros. The initiative aims to diminish the … Read the full press release

VELUX-Led Living Places Copenhagen Wins Prestigious MIPIM Award for Sustainable Residential Project

(IN BRIEF) Living Places Copenhagen, a collaborative project by the VELUX Group, EFFEKT architects, Artelia engineers, and Enemærke & Petersen contractors, has been honored with the MIPIM Award 2024 for “Best Residential Project.” This accolade recognizes the project’s innovative approach … Read the full press release

Ericsson and Umniah Forge AI-Powered Network Revolution in Jordan

(IN BRIEF) Ericsson, in collaboration with Umniah, is set to transform network performance in Jordan by deploying its cutting-edge Cognitive Software portfolio. This partnership aims to optimize Umniah’s network, particularly in key areas like Amman, utilizing Artificial Intelligence (AI) and … Read the full press release

CHIL Receives £4.9m Investment to Spearhead Healthcare Advancements through Data Science

(IN BRIEF) The University of Liverpool’s Civic Health Innovation Labs (CHIL) has secured a substantial £4.9 million investment from the Office for Life Sciences (OLS) to drive healthcare improvements via data science. Through the ‘Data-Action Accelerator’ project, CHIL aims to … Read the full press release

Boliden’s Multi-Billion Investment Drive: New Tech Breakthroughs and Environmental Commitments

(IN BRIEF) Boliden, a leading mining and smelting company, has unveiled a significant investment plan totaling SEK 4.8 billion in a new tank house at Rönnskär, set to enhance copper cathode and precious metal production by 2026. Additionally, investments in … Read the full press release

Sempra Infrastructure Partners with Vestas for Expansion of Cimarron Wind Farm in Mexico

(IN BRIEF) Sempra Infrastructure, a subsidiary of Sempra, has awarded Vestas a 319 MW order for the expansion of the Cimarron wind farm in Tecate, Mexico. As part of the Energia Sierra Juarez Wind Complex, this phase will add 64 … Read the full press release

EBRD Supports Araltuz’s Expansion with KZT 5.5 Billion Loan for Production Facility Upgrades

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is aiding the growth of Araltuz, a prominent salt producer in Kazakhstan, by providing a convertible loan of up to KZT 5.5 billion. This funding will facilitate the modernization of … Read the full press release

EBRD Partners with NLB Komercijalna Banka to Boost Financing for Serbian SMEs

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a collaboration with NLB Komercijalna Banka (NLBKBB) in Serbia, providing a €15 million loan to support local small and medium-sized enterprises (SMEs). NLBKBB will utilize the loan to … Read the full press release

OCEAN Alliance Launches ‘DAY 8 Product’ to Enhance Shipping Services Amidst Red Sea Disruptions

(IN BRIEF) The CMA CGM Group, along with partners COSCO Shipping, Evergreen, and OOCL, introduces the OCEAN Alliance “DAY 8 Product” as part of their renewed partnership extending until 2032. This initiative aims to address disruptions in the Red Sea … Read the full press release

Lockheed Martin Extends Collaboration with Navantia to Enhance Naval Defense Capabilities

(IN BRIEF) Lockheed Martin has prolonged its collaboration agreement with Navantia, extending their partnership for three more years. The agreement aims to further explore commercial opportunities in surface ships and submarines, building upon their successful 27-year history. Notable achievements include … Read the full press release

CAF Secures Contract with Qbuzz to Supply Commuter Trains in the Netherlands

(IN BRIEF) CAF has clinched a significant deal with Qbuzz, a public transport operator in the Netherlands, to provide 10 commuter trains equipped with the latest technology and amenities. These trains, part of the Civity platform, will boast the ETCS … Read the full press release

Swissport Launches Operations at Palma de Mallorca Airport, Pledges to Drive Sustainability

(IN BRIEF) Swissport has commenced operations at Palma de Mallorca (PMI), Spain’s third-largest airport and a significant European tourist destination. With a workforce of 300, including 64.9 percent electrically powered vehicles, Swissport aims to contribute to sustainable air traffic in … Read the full press release

NIB Supports Nefab Group’s Expansion with EUR 50 Million Loan Agreement

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a EUR 50 million loan agreement with Nefab Group AB, a Swedish industrial packaging company, to facilitate its acquisitions of US PolyFlex Products Inc. and Swiss Cargopack group AG, as well … Read the full press release

Snam Maintains Leadership in Climate Change Supplier Engagement Rating

(IN BRIEF) Snam has once again secured the top position in the Suppliers Engagement Rating (SER) by CDP for 2023, receiving an “A” rating for its efforts in engaging suppliers to address climate change. This recognition, coupled with its inclusion … Read the full press release

EIB Loans €22 Million to Malta for Affordable Housing Construction

(IN BRIEF) The European Investment Bank (EIB) has granted a €22 million loan to Malita Investments plc, in collaboration with the Government of Malta, to address housing shortages in the country. This funding, along with a previous agreement, will support … Read the full press release

Volkswagen Financial Services Concludes 2023 with Strong Results and Focus on Sustainability

(IN BRIEF) Volkswagen Financial Services has announced a successful conclusion to the 2023 financial year, marked by an operating profit of EUR 3.25 billion. Despite challenges such as negative valuation effects and a challenging interest rate environment, the company achieved … Read the full press release

Experts Explore Sustainable Solutions in Sports Apparel Industry on Experts in Sport Podcast

(IN BRIEF) In this episode of the Experts in Sport podcast, host Martin Foster engages with guest Joanna Czutkowna to delve into the sustainability challenges facing the sports apparel industry. They dissect larger issues within the fashion industry, including the … Read the full press release

Dutch Government Funds Interdisciplinary Projects for Mission-Driven Innovation Acceleration

(IN BRIEF) The Dutch government has allocated funding to three interdisciplinary projects under the KIC Mission call ‘Realisation, acceleration and upscaling of mission-driven innovation’. These projects, part of the KIA Societal Earning Capacity, aim to address major societal challenges such … Read the full press release

Norwegian Government and Industry Stakeholders Forge Agreement on CO2 Compensation Scheme for Decarbonization

(IN BRIEF) The Norwegian government, along with industry associations and trade unions, has finalized an agreement on the future of the Norwegian CO2 compensation scheme, slated to be effective from 2024 to 2030. This agreement, encompassing a maximum annual CO2 … Read the full press release

European Union Celebrates Second Anniversary of Ukraine-Moldova Electricity Grid Synchronisation Amidst Ongoing Support

(IN BRIEF) Today marks the second anniversary of the synchronisation of Ukraine’s and Moldova’s electricity grids with the Continental European Network, a critical achievement in light of concerns over energy security following Russia’s invasion of Ukraine in 2022. Completed in … Read the full press release

University of Exeter Launches £2.2m Project ‘The Future is Green’ to Foster Green Economy Skills in Cornwall

(IN BRIEF) The University of Exeter, Cornwall, in collaboration with The Cornwall College Group and other partners, introduces “The Future is Green,” a £2.2 million initiative aimed at cultivating skills necessary for the burgeoning green economy. Focused on sectors pivotal … Read the full press release

Skanska’s Sustainable Investment: Final Phase of Park Scandinavia Estate in Warsaw

(IN BRIEF) Skanska Residential Development Poland is investing PLN 113M in the fifth and final stage of the Park Scandinavia estate in Warsaw’s Gocław district, featuring two seven-story buildings with 198 apartments. Embracing eco-friendly solutions, the project integrates a smart … Read the full press release

Gasum Group Releases 2023 Financial and Sustainability Reports

(IN BRIEF) Gasum Group has made its annual reports for the year 2023 available on its website, comprising the annual review, sustainability report, and governance and remuneration report. The financial review highlights a 44.0 percent decrease in revenue to EUR … Read the full press release

Lenzing Group Reports Stable Revenue Amid Economic Challenges in 2023

(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release

EHRA 2024: Unveiling Groundbreaking Innovations in Arrhythmia Management

(IN BRIEF) Prepare for the latest advancements in the prevention and treatment of heart rhythm disorders at EHRA 2024, the annual congress of the European Heart Rhythm Association (EHRA), part of the European Society of Cardiology (ESC). Set to take … Read the full press release

Husqvarna Group Receives Third Consecutive Global Supplier Engagement Leadership Recognition from CDP

(IN BRIEF) Husqvarna Group has once again been acknowledged as a “Global Supplier Engagement Leader” by CDP, underscoring its unwavering commitment to sustainability and environmental stewardship. With a Rating A, the company’s dedication to reducing CO2 emissions throughout its value … Read the full press release

TÜV Rheinland Earns TAF Accreditation for Water Efficiency Management Systems Certification

(IN BRIEF) TÜV Rheinland achieves Taiwan Accreditation Foundation (TAF) accreditation for ISO 46001:2019 Water Efficiency Management Systems, reinforcing its commitment to sustainable water resource management. With water resource management aligning closely with the United Nations Sustainable Development Goals (SDGs), TÜV … Read the full press release

EQT Life Sciences Portfolio Company Amolyt Pharma Acquired by Alexion, AstraZeneca Rare Diseases for $1.05 Billion

(IN BRIEF) EQT Life Sciences announces the acquisition of its portfolio company, Amolyt Pharma, by Alexion, AstraZeneca Rare Diseases, for a total deal value of $1.05 billion. This acquisition underscores Amolyt’s significant advancements in developing novel treatments for rare endocrine … Read the full press release

NIB Supports Norway’s Green Maritime Transition with Norled AS Loan

(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release

Evonik Vland Biotech Launches Joint Venture to Enhance Animal Gut Health Solutions

(IN BRIEF) The joint venture, Evonik Vland Biotech, established by Evonik China and Shandong Vland Biotech, officially commenced operations in Binzhou, China, aiming to bolster the market presence of probiotics for livestock gut health in the Greater China region while … Read the full press release

Evonik’s EUDRAGIT® Polymers: Pioneering Pharmaceutical Innovation for 70 Years

(IN BRIEF) Evonik’s EUDRAGIT® polymers, renowned coatings for pharmaceuticals, celebrate 70 years of revolutionizing drug delivery. With over 23,000 patents and 10,000 scientific publications, these methacrylate polymers have become industry standards, employed in formulations for modified drug release across 80 … Read the full press release

Thales Alenia Space Chosen by ESA to Lead European Consortium for Harmony Mission

(IN BRIEF) Thales Alenia Space has been selected by the European Space Agency (ESA) to spearhead a wide-ranging European industrial consortium for the Harmony mission, leveraging its extensive expertise in radar-based Earth observation satellites. This partnership aims to develop the … Read the full press release

Vattenfall Receives Supplier Engagement Leader Award for Second Consecutive Year

(IN BRIEF) Vattenfall’s commitment to minimizing its carbon footprint and achieving net zero emissions by 2040 has been reinforced with the company’s receipt of the Supplier Engagement Leader Award from CDP for the second consecutive year. The award recognizes Vattenfall’s … Read the full press release