Tag Archives: sustainability

EIB Partners with Teknia for €30 Million Loan to Support Sustainable Manufacturing in the Automotive Sector

(IN BRIEF) The European Investment Bank (EIB) has provided a €30 million loan to Teknia, a Spanish automotive component manufacturer, to support its research and development efforts in sustainable manufacturing technologies across Europe. The loan will help Teknia reduce CO2 … Read the full press release

Holcim Launches OLYMPUS Project in Greece, Advancing Europe’s Clean Industrial Deal with Carbon Capture Technology

(IN BRIEF) Holcim has officially launched the OLYMPUS project at its Milaki plant in Greece, aiming to produce 2 million tons of near-zero cement annually starting in 2029. With a EUR 400 million investment, the project is supported by a … Read the full press release

Kuehne+Nagel and Milence Drive Electric Freight Forward with New UK Charging Hub and Expanding Network

(IN BRIEF) Kuehne+Nagel and Milence are leading the charge towards electric freight transport by demonstrating the integration of electric heavy-duty vehicles into Kuehne+Nagel’s logistics operations. With the opening of Milence’s first UK public fast-charging hub in Immingham, the companies are … Read the full press release

Wood Awarded $100 Million Decarbonisation Contracts to Reduce Flare Gas and Improve Carbon Efficiency in Iraq

(IN BRIEF) Wood has secured contracts valued at approximately $100 million to support flare gas reduction and carbon efficiency projects in Iraq’s largest oil fields. The work includes engineering, procurement, and construction services aimed at improving operational efficiency and supporting … Read the full press release

STMicroelectronics Partners with SP Group to Upgrade Cooling System and Reduce Carbon Emissions by 2,140 Tons Annually

(IN BRIEF) STMicroelectronics and Singapore Power (SP Group) have partnered to upgrade the cooling infrastructure at ST’s Toa Payoh site. The new dual-temperature cooling system will reduce energy consumption and carbon emissions by 2,140 tons annually. The system, designed to … Read the full press release

Shell Expands Stake in OML 118 with Acquisition of TotalEnergies’ 12.5% Share

(IN BRIEF) Shell Nigeria Exploration and Production Company (SNEPCo) has agreed to acquire TotalEnergies EP Nigeria Limited’s 12.5% stake in the OML 118 Production Sharing Contract, increasing Shell’s interest in the offshore Nigerian field to 67.5%. The acquisition enhances Shell’s … Read the full press release

bp Trinidad and Tobago Announces First Gas from Mento Development, Marks Key Milestone

(IN BRIEF) bp Trinidad and Tobago (bpTT) has announced the successful delivery of first gas from the Mento development, a 50/50 joint venture with EOG Resources Trinidad Ltd. The development, which features a 12-slot attended facility off the southeast coast … Read the full press release

DNV Study Shows Companies Leveraging ESG Regulations to Strengthen Business Performance Amid Uncertainty

(IN BRIEF) A new study conducted by DNV and the University of Cambridge reveals that companies are using ESG regulations to enhance business performance, despite the regulatory uncertainty. The research found that 72% of businesses believe improving ESG compliance has … Read the full press release

Centrica Business Solutions Partners with Carpenter Ltd to Install 1MW Solar Array, Transforming Unused Land into Green Energy Source

(IN BRIEF) Centrica Business Solutions has partnered with Carpenter Ltd to decarbonise its Glossop manufacturing site by installing a 1MW solar array on a previously unusable steep bank. The solar farm, set to generate 1,025 MWh annually, will cover 15% … Read the full press release

Centrica Energy Expands into North America with New Office in New York to Support Gas Optimisation and Power Trading

(IN BRIEF) Centrica Energy is opening its first US office in New York, marking the company’s entry into North America’s gas optimisation market. Following its entry into power markets in 2024, Centrica Energy plans to build a comprehensive gas, power, … Read the full press release

Valio Partners in PRIMARY Project to Explore Grass Biorefineries and Sustainable Solutions for the Agricultural Sector

(IN BRIEF) Valio is a key partner in the EU-funded PRIMARY project, which aims to transform agricultural by-products into valuable resources. As part of the project, Valio is exploring grass biorefinery innovations, including using grass juice to fortify feed protein … Read the full press release

SGS Gains OSHA Approval to Add Five New NRTL Locations in Europe and Asia, Expanding Product Certification Services

(IN BRIEF) SGS has received approval from OSHA to expand its global network of Nationally Recognized Testing Laboratories (NRTLs) to new locations in Europe and Asia. Starting January 22, 2025, SGS will provide testing and certification for U.S. market products … Read the full press release

SGS’s Comprehensive Seed Testing Network Supports Canadian Growers with Advanced Solutions for Competitive Agriculture

(IN BRIEF) SGS has strengthened its support for Canadian farmers by offering extensive seed testing services across the country, combining local expertise with global testing standards. With laboratories in key agricultural regions such as Grande Prairie and Sherwood Park, SGS … Read the full press release

Dantaxi Joins Forces with Uber to Create the Most Accessible Mobility Platform in Denmark

(IN BRIEF) Dantaxi, Denmark’s largest taxi service, has been acquired by Uber, expanding Uber’s service to 75 out of 98 municipalities in Denmark. This move combines Uber’s advanced technology with Dantaxi’s well-established local presence, offering over 3,500 professional drivers across … Read the full press release

EIB Provides €90 Million Loan to Bordeaux Métropole Énergies to Drive Green Transition in Gironde

(IN BRIEF) The European Investment Bank has provided a €90 million loan to Bordeaux Métropole Énergies to support its 2024-2028 strategic plan, focusing on renewable energy projects and energy-efficient building renovations. This funding will aid in the development of solar … Read the full press release

STRABAG Leads Groundbreaking Bridge Shifting Operation for Rinsdorf Viaduct

(IN BRIEF) STRABAG and Bickhardt Bau AG are leading an innovative operation to shift the Rinsdorf viaduct, part of the A45 bridge renewal project. The 40,000-ton section of the bridge will be moved 20 meters and 59 centimeters using a … Read the full press release

Flix Partners with Talgo for €2.4 Billion High-Speed Train Deal to Enhance Sustainable Rail Travel Across Europe

(IN BRIEF) Flix has awarded Talgo a €2.4 billion contract to supply up to 65 high-speed trains based on the Talgo 230 platform, with an initial order of 30 units valued at €1.06 billion. The trains, designed for full accessibility … Read the full press release

Kuehne+Nagel Partners with Natilus to Explore Integration of Blended-Wing-Body Aircraft into Air Logistics Operations

(IN BRIEF) Kuehne+Nagel and Natilus have announced a strategic partnership to explore the potential of integrating Natilus’s blended-wing-body aircraft into commercial air logistics. This collaboration aims to assess the operational feasibility, environmental impact, and economic benefits of these innovative aircraft, … Read the full press release

HMB Construction to Oversee SEK 560 Million Expansion of Ahlsell Distribution Centre in Hallsberg

(IN BRIEF) HMB Construction, part of AF Gruppen Sweden, has secured a SEK 560 million contract to expand Ahlsell’s distribution center in Hallsberg, where Ahlsell Sverige AB is the tenant. The project includes the addition of 37,000 square meters of … Read the full press release

TreeFrog Therapeutics Secures €30 Million from EIB to Advance Parkinson’s Disease Cell Therapy

(IN BRIEF) TreeFrog Therapeutics has secured €30 million in financing from the European Investment Bank to advance its cell therapy program for Parkinson’s disease and support the development of its internal pipeline targeting diseases with high unmet needs. The funding, … Read the full press release