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The impact of human rights abuses in portfolio companies and their supplychains is becoming more apparent to investors. Martin Buttle, Head of Good Work at NGO ShareAction says, given the estimates, “there is a very real chance that victims are present in the global supplychains” of investee companies.
Such performance improvements can materialize in the form of increasing revenues, decreasing costs, or de-risking of an investment, across various environmental and social and governance areas — at this moment, typically in connection with themes such as decarbonization, recycling and circularity and supplychain management.
For financial institutions such as banks, insurance companies and investment managers, scope 3 emissions from supplychains and lending/investment portfolios are often more complex than for other industries. They can also divest from high-emitting industries such as thermal coal production.
Start of the first production line is expected mid-year 2024 followed by up to two more production lines to serve the growing market and continued development of MAGMA. The proximity to key customers in Bourbon country will reduce logistics and further enhance O-I’s customer service, flexibility, and sustainability. i.com. ###.
The second meeting of the Intergovernmental Negotiating Committee ( INC-2 ) was supposed to discuss options for legally binding and voluntary measures addressing plastic use as a key step to reaching consensus by the end of 2024.
This compares to a second quarter 2021 Net Loss of $486 million and non-GAAP Operating Earnings of $47 million, which included results of the divested fossil and solar assets. For 2024, PSEG is forecasting nuclear baseload output of 29 to 31 TWh and has hedged 55% - 60% of this output at an average price of $32 per MWh. per share).
Major advances in sustainability, flexibility, and productivity €55 million for the plant in Gironcourt-sur-Vraine; €40 million for Reims PERRYSBURG, Ohio / VAULX-EN-VELIN, France, February 21, 2024 /3BL/ - O-I Glass, Inc (NYSE: OI) announced today the company is investing €95 million into two of its French glass packaging production facilities.
O-I Glass” or “O-I”) has announced the launch of a lightweight glass wine bottle with reduced carbon impact in the French market, the latest proof point in O-I's pursuit of its approved SBTi (Science Based Targets Initiative) target to reduce GHG (greenhouse gas) emissions 25% by 2030. dollar, (18) changes in tax laws or U.S.
PERRYSBURG, Ohio, March 25, 2024 /3BL/ - O-I Glass, Inc. (“O-I O-I Glass” or “O-I”) was selected by the U.S. dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S. dollar, (18) changes in tax laws or U.S.
Heat recovered from the facility’s glassmaking furnace will feed a new internal energy distribution network and will supply up to 94 percent of the plant’s heating needs. O-I Glass” or “O-I”) plans to install a waste heat recovery system at its Veauche, France operations. dollar, (18) changes in tax laws or U.S.
Funds marketed as environmentally friendly are being used by major asset managers to funnel millions of dollars to the world’s largest meatpacker, JBS, a company notorious for its links to deforestation and human rights abuses via its supplychain. in 16 JBS bonds. JBS is widely regarded as an ESG pariah. entitlement.
Goldman Sachs Asset Management’s 2024 statement on sustainable investing, for instance, alluded to its exclusionary framework – which included civilian firearms and controversial weapons. “The Many investors also have weapons-focused exclusions enshrined in their investment policies.
A strong target of attack in Wiener’s Greenhouse Gases: Climate-Related Financial Risk Act (SB 253) is its mandatory requirement of Scope 3 reporting – greenhouse gas (GHG) emissions linked to a company, but outside its operations, such as its customers or supplychain.
The fossil fuels divestment movement continues to grow and as indicated in a recent report by DivestInvest, 1,500 investment institutions, responsible for $39.2 trillion in assets, have committed to divest. Student divestment movements have succeeded in removing fossil fuels from a number of universities in 2021.
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