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French energy giant TotalEnergies announced on Wednesday an agreement to acquire Germany-based renewable energy project developer VSB Group from global private markets investor Partners Group for total consideration of €1.57 Founded in 1996, Dresden-headquartered VSB develops wind and solar energy projects across Europe.
DESCRIPTION: OUR APPROACH When we are invested in a company, we leverage our investment model and our focus on operational and strategic improvements to drive valuecreation on ESG issues across our investments, where relevant. Q: How do you think about ESG performance as opportunity for valuecreation? SOURCE: KKR.
We invite the real estate community to join us as we explore ways to create positive social impact throughout the real estate investment and development process, generating shared value for all stakeholders.” Social sustainability equals investment valuecreation.” More information on WELL can be found here.
As luxury fashion brands adapt and survive in the "new normal," they can drive a renewed vision of the luxury business that demonstrates how to decouple volume growth from value growth. Optimized distribution of valuecreation is important in a context where the pandemic has rendered raw material and manufacturing workers more vulnerable.
For businesses already embarking on their sustainability journey, this development offers an opportunity to reassess how they approach reporting requirements and extract maximum strategic value from their sustainability efforts rather than treating it as a compliance exercise.
And, through its Precision Planting division, AGCO is developing more devices — many of which can be retrofitted to existing equipment from AGCO and competitors — that help farmers track organic matter or water metrics, among other data. "How We are really looking at valuecreation from the customer perspective." .
While this is a welcome signal, all of this work could be rendered moot by the International Financial Reporting Standards (IFRS) Foundation’s proposal to develop ESG standards. Materiality: The mission of the IFRS Foundation is "to develop standards that bring transparency, accountability and efficiency to financial markets around the world."
They are management practice standards - similar to ISO standards - focused on strategy development, management, transparency, and governance. The Standards offer a set of actions to support organizations in making informed decisions to place sustainability and the SDGs at the heart of their strategies for valuecreation.”
In the wake of COVID-19, when governments will provide massive stimulus funding to restart economies, it’s more important than ever to consider the long-term valuecreation of urban infrastructure investments. There is an urgent, global need for building urban resilience to heat and, as usual, business has a key role to play.
In June 2024, Equinor and the New York State Energy Research and Development Authority (NYSERDA) executed a 25-year purchase and sale agreement (PSA) for power from Empire Wind 1 with a $155/MWh strike price. As we now enter full execution mode, we continue our efforts to increase robustness and value-creation in the project.
Wind energy brings jobs and valuecreation to deprived rural and coastal communities. Eastern Germany is a classic example of a region that has benefited. WindEurope saw this first hand on a recent vi.
Sustainable investing is a key lever of KKR’s approach to valuecreation and a way of doing business that we believe helps us make better investments. As sustainable investing practices accelerate, a vast lexi- con of terminology continues to develop around them. SOURCE: KKR. DESCRIPTION: OUR COMMITMENT AND APPROACH 1.
Its corporate social responsibility focuses on economic opportunities through literacy, work programs, 21st-century education, skills development, and digital entrepreneurship, while also addressing healthcare, climate, water quality, and digital inclusion. TCS has always believed that businesses can and should be a force for good.
Managing Identified Risks: From Discovery to Decision-Making Once risks have been identified, the next challenge is determining their materiality and developing a management plan.
utility-scale solar and storage renewable energy developer Pine Gate Renewables announced that it has raised $650, with proceeds supporting its clean energy infrastructure buildout. Founded in 2016, North Carolina-based Pine Gate develops, owns and operates utility scale solar and energy storage projects across the U.S.
Sustainability as a valuecreation opportunity topped the list of “very significant” reasons reported by companies for pursuing sustainability strategies, cited by 50% of respondents, followed closely by compliance with government regulation at 48%, and a moral obligation at 47%.
Yet LeapFrog has been able to distinguish itself through deep local sourcing and industry insight, distinctive valuecreation, authentic impact management and ultimately robust results.” International Development Finance Corporation.
The individual technologies required to achieve this have already been developed and deployed to varying degrees. These would integrate the technologies, business models and regulatory frameworks needed to decarbonize buildings and transportation, which together account for most greenhouse gas emissions in our cities.
Investors need to make sure that companies know what their sustainability focus is and how they see sustainable valuecreation, with a clear expectation communicated to the asset manager, said Secrett. Sometimes they had developed governance and ownership structures that would help with this.
Professor Carol A Adams of Durham University Business School calls for greater ambition by corporates and investors to address sustainable development including climate change. The Value Reporting Foundation (VRF) would like us to think so. I think we need ‘sustainable development thinking’.
The company said that in addition to aiding reporting, its solution can be used for valuecreation, helping companies to execute projects enhancing energy efficiency and unlocking new electrification and energy storage opportunities.
Long-term agreement will enable the continued development and eventual construction and operation of the Texas solar park that will annually power the equivalent of more than 37,000 average homes. EDP – EDPR’s main shareholder – is a global energy company and a leader in valuecreation, innovation, and sustainability.
We see climate as a global challenge that requires solutions at all levels, and we are thinking about how we invest, where we invest, and what we do to drive valuecreation. They are thinking about how they invest, where they invest, and what they do to drive valuecreation. KKR CLIMATE ACTION STRATEGY.
While the ability of ecosystems to enhance valuecreation and amplify impact is well-regarded in business, their potential to drive public good is quickly coming into focus. Sustainable Development Goals / SDGs. Case in point: sustainability. Corporate Strategy. Public-Private Partnerships. Sponsored Article.
“Our partnership with World Vision Honduras has been immensely successful in supporting childhood education and developing teacher training programs to strengthen the education system within our communities in Honduras,” says Claudia Sandoval, Vice President of Corporate Citizenship at Gildan. Find out more about ESG at Gildan here.
By selecting Amundi and Invesco, we have chosen to prioritise sustainability, active stewardship, and long-term valuecreation for our near seven million members.
In 2015, the United Nations established the Sustainable Development Goals (SDGs) – a blueprint of 17 ways to make the world a more just, inclusive and sustainable place. In 2019, TPG announced an investment in Cibus, a plant-based food company that uses biotechnology to develop sustainable food products.
Building an electrolyser manufacturing sector isnt just about meeting immediate demand; its an opportunity to develop an industry that adds long-term value to our economy and strengthens our energy security through building sovereign manufacturing capability, Srinivasan said.
As investors query the value of ESG, Mandi McReynolds, Head of Global ESG, Workiva, outlines three steps to link sustainability and business valuecreation. Evidence overwhelmingly suggests that companies, which get their ESG proposition right can create more business value. SOURCE: Workiva.
The organizations that comprise the infamous alphabet soup of reporting frameworks and standards each provide their own approach to the reporting of sustainable valuecreation and disclosure of climate-related risks, which makes deciding what reporting-related certification to pursue incredibly difficult. Specialty certifications.
These challenges range from respecting human rights and talent acquisition to sustainable development, environmental justice, and corporate culture. This approach fosters a culture where innovation and sustainable valuecreation take precedence over short-term gains.
ICCR members, a cross-section of faith-based investors, asset managers, pension funds, foundations, and other long-term institutional investors, have over 50 years of experience engaging with companies on environmental, social, and governance (“ESG”) issues that are critical to long-term valuecreation. oil and gas sector.
Green Swans, according to John Elkington , are positive market developments once deemed highly unlikely, if not impossible. They can have a profound positive impact across economic, social and environmental valuecreation.
Recent global research of boards of directors by Willis Towers Watson found that 70 to 80 percent of respondents have identified ESG priorities and developed ESG implementation plans. However, only 48 percent have fully incorporated ESG into their businesses, indicating that organizations are at different stages in their ESG journeys.
According to the survey, more than half of respondents required to report in 2024 expect CSRD reporting to be materially relevant to valuecreation for their companies, top areas of material impact cited including financing conditions for their companies (reported by 47% of respondents), employee retention (42%) and company valuation (36%).
It is guided by overarching objectives, including long-term valuecreation for our shareholders and other stakeholders, the importance of maintaining and nurturing our culture, and protecting and enhancing Regency’s brand and reputation.
Compliance and risk still play an important role, but we see CSOs increasingly take more responsibility for valuecreation.” By 2010, household products giant Unilever had developed a “Sustainable Living Plan” geared to reducing the company’s environmental footprint. At Ikea, each country CEO also wears the CSO hat.
To Wade, a major area of development for circular economy practices in the solar industry is repurposing materials used to create solar cells, like crystalline silicon and aluminum. The company works throughout the production, deployment and maintenance parts of the solar industry. Pull Quote.
Now is the time for grocers to develop strategic sustainability plans focused on valuecreation and think more broadly about the role they can play in encouraging change across the full value chain.
Shiva Rajgopal , Professor at Columbia University Business School, the article delves into the critical role of effective board governance in the face of modern challenges, offering innovative frameworks and strategies for leaders focused on long-term valuecreation.
Factoring in that flexibility upstream — by designing both tooling and products to be repurposable and versatile — could be a way to enhance value-creation potential and achieve greater resilience of industry, both valuable beyond the current situation. mph across the city.
Companies should not question weather to create a climate target, but rather, determine how quickly they can implement their decarbonization pledge to reduce their direct Scope 1 and Scope 2 emissions and Scope 3 value chain emissions. Developing a Profound Climate Strategy – How Can Companies Achieve Deep Decarbonization?
Bell’s objective to create value long into the future includes community investment, recruiting, developing and retaining the best talent and conscientious environmental practices. Support Canadian innovation with an industry-leading $770 million in research and development spending in 2023.
Now is the time for grocers to develop strategic sustainability transition plans focused on valuecreation and think more broadly about the role they can play in encouraging change across the full value chain.
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