The European Commission announced today the release of its NextGenerationEU (NGEU) Green Bonds Allocation and Impact Report 2024, with information on the allocation of proceeds from the issuance of NGEU Green Bonds and their estimated realized and expected climate impacts, revealing that investments funded by green bonds under the program are anticipated to reduce greenhouse gas emissions by an estimated…

Energy transition-focused investor Quinbrook Infrastructure Partners announced today tha appointment of Hilkka Komulainen as its new Global Head of Sustainability and Impact. Komulainen succeeds Anne Foster in the role, and will direct Quinbrook’s sustainability and impact initiatives across all the firm’s funds in all the regions where it operates. Komulainen joins Quinbrook from Aegon UK, one of the UK’s largest…

ISS ESG, the sustainable investment-focused arm of ISS STOXX, announced today the launch of launched a customizable version of its Climate Impact Report, designed to help investors assess and communicate their climate-related target setting, risk management, reporting, and engagement activities. ISS ESG’s Climate Impact Report provides detailed analyses of Scope 1, 2 and Scope 3 emissions, transition and physical risks…

Swedish industrial products manufacturer Alfa Laval announced plans to achieve its key interim climate goals ahead of schedule, accelerating its efforts to achieve net zero goals for scope 1 and 2 emissions, and to reduce scope 3 emissions by 50% by 2027, three years earlier than previously announced. The revised goal was announced at the company’s Capital Markets Day in…

Enterprise software company SAP has appointed Matthias Medert as its new Global Head of Sustainability, with responsibility for sustainability strategy across internal and external global operations at the company. In his new role, Medert will focus on key priorities, including environmental stewardship, exploring which sustainable practices will help SAP achieve net zero by 2030 across the value chain, and human…

Loan Service USA is an online platform that connects borrowers with lenders offering personal, auto, mortgage, and business loans, providing competitive loan options. Official Website: Click Here What Is Loan Service USA? Loan Service USA is an online loan marketplace that connects consumers to a network of lenders offering a wide range of loan products. Unlike traditional financial institutions, Loan…

The journey to a sustainable future starts with a fundamental question: why is a flight often cheaper than a train journey? This discrepancy isn’t just about economics; it’s about a system that prioritises convenience over sustainability.

EU member states in the European Council announced that they have adopted a new regulation aimed at banning products made with forced labor from being sold on the EU market, or exported. The adoption of the new rules by the EU Council marks the last major legislative step in the process for the new regulation, following an agreement with the…

Mercedes-Benz announced an update to its sustainability strategy, with the company shifting to focus on a set of six key strategic environment, social and corporate governance topics assessed to have a significant impact on the company’s stakeholders and society. The new focus areas, presented at the company’s 17th Mercedes-Benz Sustainability Dialogue, include Decarbonisation, Resource Use & Circularity, Employees, Human Rights,…