Tag Archives: sustainability

Rolls-Royce Partners with Stadtwerke Ulm to Secure CO2-Free Hydropower and Reduce Emissions

(IN BRIEF) Rolls-Royce has signed a long-term Power Purchase Agreement (PPA) with Stadtwerke Ulm/Neu-Ulm (SWU) to purchase 20,000 MWh of CO2-free hydropower annually. This agreement will help Rolls-Royce reduce its carbon emissions by approximately 7,000 tons each year, marking a … Read the full press release

Symrise Partners with HBC to Expand Health Portfolio with Sustainable Marine Ingredients

(IN BRIEF) Symrise has formed a strategic partnership with HBC, a Norwegian company specializing in marine-based ingredients from Atlantic salmon. This collaboration will enhance Symrise’s health category with clinically proven ingredients for human health and pet nutrition. Together, they will … Read the full press release

EU Co-Finances E.ON-Led DRIVE-E Project to Boost Charging Infrastructure Across 13 European Countries

(IN BRIEF) The EU will co-finance the installation of 1,400 new charging points across Europe, with 430 dedicated to heavy-duty electric trucks, as part of the DRIVE-E Global project. This €45 million initiative, led by E.ON, aims to strengthen Europe’s … Read the full press release

NIB Marks Historic Return to Icelandic Market with Successful 8.5 Billion ISK Green Bond Issuance

(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a seven-year, 8.5 billion Icelandic krona inflation-linked Environmental Bond, marking its return to the Icelandic bond market after over 16 years. This milestone reinforces NIB’s commitment to diversifying its funding … Read the full press release

AF Gruppen Secures Key Decommissioning Contract for Offshore Platforms in the UK

(IN BRIEF) AF Gruppen has been awarded a decommissioning contract by Scaldis Salvage & Marine Contractors NV for the removal of three bridge-linked platforms from the UK continental shelf. The project, valued between 100-125 MNOK, will include offshore preparation and … Read the full press release

BioReCer Project Reaches Critical Stage, Stakeholder Engagement Vital for Success in Bioeconomy

(IN BRIEF) The BioReCer project enters its final phase, focusing on enhancing certification standards for bio-based products derived from biological waste. With insights from key stakeholders, the project aims to improve sustainability, traceability, and industry acceptance, helping to drive the … Read the full press release

Syngenta and Ceres Biotics Partner to Expand Access to VIXERAN® for Sustainable Nitrogen Management

(IN BRIEF) Syngenta and Ceres Biotics have entered into a partnership to expand access to VIXERAN®, a biostimulant that enhances nitrogen efficiency in crops. This collaboration aims to promote sustainable farming practices by optimizing fertilizer use, increasing yields, and reducing … Read the full press release

Wood Group Awarded $120 Million Contract Extension by Shell UK for Key Onshore and Offshore EPC Services

(IN BRIEF) Wood Group has been awarded a $120 million contract extension by Shell UK, continuing to provide brownfield engineering, procurement, and construction services for onshore and offshore assets in the UK. The extension includes new responsibilities at the Penguins … Read the full press release

Swisscom and Atlantic Ventures Report Highlights Growth and Trends in Sustainability Software Solutions

(IN BRIEF) Swisscom and Atlantic Ventures’ latest report reveals trends in the growing yet consolidating market for sustainability and carbon management software. The integration of AI is transforming the sector by enabling greater efficiency in achieving sustainability goals, automating key … Read the full press release

Sainsbury Centre at UEA Receives £1.28 Million Grant for Vital Upgrades and Future Exhibitions

(IN BRIEF) The Sainsbury Centre at UEA has received £1.28 million from Arts Council England to upgrade critical infrastructure, including environmental systems and a goods lift, ensuring the Centre’s continued success in hosting global exhibitions and serving as a hub … Read the full press release

Salzgitter and ANDRITZ Break Ground on 100 MW Green Hydrogen Plant for Low-Carbon Steel Production

(IN BRIEF) Salzgitter has officially broken ground on a 100 MW electrolysis plant designed to produce green hydrogen for low-carbon steel production as part of its SALCOS® program. The project, set to deliver hydrogen starting in 2026, will play a … Read the full press release

EIB Group Boosts Sweden’s Green Transition with €1.9 Billion Financing in 2024

(IN BRIEF) In 2024, Sweden received approximately €1.9 billion in financing from the European Investment Bank (EIB) Group, with over 65% directed toward climate and sustainability initiatives. This funding supported key projects in renewable energy, infrastructure, and digitalization, including wind … Read the full press release

Siemens Mobility Secures Framework Agreement for Up to 50 Vectron Locomotives with RIVE Private Investment and Northrail

(IN BRIEF) Siemens Mobility has signed a major framework agreement with RIVE Private Investment and Northrail for up to 50 Vectron locomotives. The deal includes an initial 15 locomotives and an eight-year full-service contract, with options to purchase additional locomotives … Read the full press release

Mesa Multiactor Foundation Launched to Lead Water Management Efforts in Chile’s Salar de Atacama

(IN BRIEF) As of February 2025, the Multi-Stakeholder Roundtable (Mesa Multiactor) has officially transitioned into an independent foundation, focusing on sustainable water management in Chile’s Salar de Atacama. The initiative, backed by major corporations like BASF, BMW, and Volkswagen, has … Read the full press release

LANXESS Expands Innovation Capabilities with New Application Development Center in Mumbai

(IN BRIEF) LANXESS has inaugurated its India Application Development Center (IADC) in Thane, Mumbai, further strengthening its presence and innovation capabilities in the region. The new center will support customer-centric solutions in lubricant additives and material protection products. It will … Read the full press release

METRO AG Marks Strategic Milestone with New Leadership and Continued Growth Following sCore Strategy Implementation

(IN BRIEF) At METRO AG’s virtual Annual General Meeting, CEO Dr. Steffen Greubel provided an update on the company’s progress following the implementation of the sCore strategy, noting continued growth despite market challenges. Shareholders approved the actions of the Management … Read the full press release

EIB Group Contributes €2.2 Billion in Financing to Greece in 2024, Focusing on Energy, Business Growth, and Disaster Management

(IN BRIEF) In 2024, the European Investment Bank (EIB) Group provided €2.2 billion in financing to Greece, focusing on boosting energy resilience, supporting business growth, and enhancing disaster preparedness. Key projects included solar parks, grid upgrades, and disaster management infrastructure, … Read the full press release

Covestro Reaches Net-Zero Electricity Emissions at Four U.S. Sites Through Ørsted vPPA

(IN BRIEF) Covestro has achieved net-zero Scope 2 electricity emissions at four of its U.S. production sites through a virtual Power Purchase Agreement (vPPA) with Ørsted. This collaboration, which provides 90 MW of renewable energy capacity, allows Covestro to reduce … Read the full press release

Lightsource bp Secures 10 Power Purchase Agreements in 2024, Expanding Global Renewable Energy Reach

(IN BRIEF) In 2024, Lightsource bp secured 10 power purchase agreements (PPAs) totaling 1.3GW across Europe, the Americas, and APAC, highlighting its strong presence in the renewable energy market. The company has partnered with major global corporations like H&M Group, … Read the full press release

DNV Launches Joint Industry Project to Improve Ground Investigation Practices for Offshore Wind Developments

(IN BRIEF) DNV has launched the Ground Investigation for Floating Wind (GIFT) joint industry project (JIP) to establish clear guidelines for ground characterization in offshore wind projects. This collaboration, involving over 15 industry partners and academic institutions, aims to improve … Read the full press release