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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

So how long will it be until crypto earns its green credentials? Green investments are assets like bonds that pay for projects with positive environmental and social outcomes. The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025.

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ESG Today: Week in Review

ESG Today

This week in ESG news: EU regulator calls for sustainability disclosure requirements for all financial products; UK to require SAF on flights from 2025; KLM plans hydrogen-powered flight; Airbus and partners launch $200 million sustainable aviation fuel fund; U.S.

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Meta Signs PPAs with RWE to Power Data Centers, Offices from New U.S. Solar Farms

ESG Today

Onsite construction is underway on RWE’s 274-megawatt (MWac) County Run Solar project in Illinois and on its 100 (MWac) Lafitte Solar project in Louisiana, with commissioning planned for both sites in late 2025. through its supported wind and solar projects by 2025. through its supported wind and solar projects by 2025.

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Iberdrola Signs €5.3 Billion Credit Line with Rates Tied to Climate, Diversity Goals

ESG Today

The new financing follows the company’s announcement in 2021 of plans for its financing structure to have an increasingly higher percentage of green and sustainable products, estimated to account for nearly two-thirds of its debt by 2025. Iberdrola said that it expects to update its investment plan in March 2024.

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Will sustainability-linked loans drive a revolution in finance?

GreenBiz

By using a pricing mechanism that incentivizes improvement in areas aligned with the company’s 2025 sustainability goals, the loan connects the dots between financial and non-financial risks by replacing the company’s credit line, a longstanding vanguard of business worthiness, with one heavily dependent on sustainability metrics.

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Prologis Commits to Net Zero Emissions by 2040

3BL Media

DESCRIPTION: Sets interim targets of 1 GW solar by 2025 and net zero for operations by 2030. Builds on company’s leadership in green building, solar and more. Prologis continues to be an industry leader in finding innovative ways to decarbonize our operations.”. Carbon neutral construction by 2025. SOURCE: Prologis.

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AllianceBernstein Commits to Net Zero Pathway

3BL Media

As part of its net zero strategy for business operations, AB will continue its initiative to locate 85% of employees in green buildings by 2025 and will explore renewable energy options. The firm currently invests approximately $6 billion in green bonds, KPI-linked securities and ESG structures as part of this effort.

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