Pharmaceutical supply chain decarbonization initiative Energize announced today a new aggregate power purchase agreement (PPA) with renewable energy developer X-ELIO, providing healthcare companies Haleon and GSK, Gilead Sciences and Thermo Fisher Scientific with 245 GWh of renewable energy annually over 10 years. Managed by energy and automation digital solutions provider Schneider Electric together with the Pharmaceutical Supply Chain Initiative, the…
The LEGO Group announced today new partnerships with climate solutions providers Climate Impact Partners and ClimeFi, including carbon credit purchases supporting four carbon removal projects across a range of engineered and nature-based solutions. The new announcement also includes commitments from KIRKBI, the Danish family office for the Kristiansen family, which owns The Lego Group to the same four projects. The…
Global professional services firm EY and tech giant Microsoft announced the launch of AI Skills Passport (AISP), a new free program aimed at addressing the Artificial Intelligence (AI) skills gap by providing young people with employable AI experience. The new program forms part of a social impact collaboration announced between EY and Microsoft in 2022 aimed at upskilling young people and…
A group of more than 200 financial services firms and organizations, including investors representing €6.6 trillion in AUM, announced the release of a new investor statement, warning the European Commission that easing its key sustainability reporting regulations in its upcoming “Omnibus package” proposal could lead to significant policy uncertainty, and risk the flow of capital towards the EU’s environmental sustainability…
Nonprofit climatetech startup incubator Greentown Labs announced today the appointment of Georgina Campbell Flatter as its incoming Chief Executive Officer. Founded in 2011 out of the MIT ecosystem, Greentown Labs aims to accelerate climatetech innovation and commercialization by empowering entrepreneurs and enabling collaboration, bringing together founders, corporates, investors and policymakers. The organization opened a second location in Texas, Greentown Houston,…
Vanguard, one of the world’s largest investment managers, released its updated proxy voting policy for U.S. portfolio companies, which included less prescriptive language on board diversity expectations for companies. While the updated policy guide includes a similar explanation to prior years that Vanguard “look for boards to be fit for purpose by reflecting sufficient breadth of skills, experience, perspective, and…
Paris-area public transport authority Île-de-France Mobilités announced that it has raised €1 billion in a new green bond offering, the first by a public entity to be issued under the European Green Bond (EuGB) Regulation. The offering marks continued early uptake of the new EuGB label, following the first €500 million corporate issuance earlier this year by Italian utility company…