Netherlands-based international food retailer Ahold Delhaize said that it has entered into a Virtual Power Purchase Agreement (VPPA) with Spanish renewable energy company Bruc, supporting the financing and construction of a cluster of five solar power plants in Seville, Spain. Supplying 460 GWh of power per year, the VPPA will cover approximately 30% of Ahold Delhaize’s total electricity demands in…

Agriculture sustainability-focused startup NitroVolt announced that it has raised €3.5 million euros (USD$3.7 million) in seed funding, with proceeds to be used to help to commercialize its system for producing ammonia for farmers with a minimal carbon impact. Ammonia is used extensively in a number of areas, especially agriculture as a key ingredient in nitrogen fertilizers. Production of fertilizers such…

Athletic footwear, apparel, and accessories company PUMA announced a new series of climate and sustainability targets, among them a reduction of both its Scope 1 direct and Scope 2 indirect greenhouse gas (GHG) emissions by 90% from their 2017 levels by 2030, as well as a 33% reduction in Scope 3 indirect GHG emissions from its supply chain. Additional new…

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The government of the UK today announced a new commitment to introduce legislation restricting new coal mine licenses, setting the country up as one of the first to effectively ban coal mining. The legislation will be launched as soon as possible, the government said. According to the IEA, coal is by far the largest source of energy-based CO2 emissions, accounting…

As COP29 nations gather to discuss climate finance targets, they should know instinctively: You can’t invest in what you can’t measure. By Shameek Ghosh, Co-Founder & CEO of TrusTrace The world is one huge, interconnected, interdependent supply chain. And the race to decarbonize that supply chain is intensifying, as reports indicate the earth may already have warmed more than the…

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Competing for Top Talent with ESG Synopsis: The business case for the adoption of ESG (environment, social, governance) in the race to attract and retain top talent while London is forecast to greatly increase headcount. Three letters can make the difference in a fierce market. Humperdinck Jackman discusses the contribution of ESG. Published in the London Chamber of Commerce magazine…

Lawmakers in the European Parliament voted 371 to 240 to a one-year delay and amendments to alter the EU Deforestation Regulation (EUDR), a new law aimed at ensuring that products imported to or exported from EU markets no longer contribute to deforestation and forest degradation globally, which was set to apply to from the end of this year, beginning with…