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Builds on company’s leadership in green building, solar and more. SAN FRANCISCO, June 22, 2022 /3BL Media/ - Prologis (NYSE: PLD), the global leader in logistics real estate, today announced its commitment to achieve net zero emissions across its value chain by 2040. Publishes 2021-22 ESG Report. About Prologis Prologis, Inc.
Around the world, FedEx is also working with the logistics industry and with the communities we serve to move goods more sustainably and design cities for a better future. In April 2021 we issued the first sustainability bond by a North American transportation and logistics company to further our commitment to carbon neutrality.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Masdar Acquires $887 Million Stake in 2.5
Logistics giant DHL Group’s mail and parcel delivery business Deutsche Post, announced the completion of its inaugural sustainability-linked bond offering, raising €500 million, with interest rates on the ten-year bond tied to the company’s CO2 emissions reduction targets.
Then we're also looking at how we build the carbon impact into carrier selection for third-party logistics. A little over a year ago we issued our first greenbond. It was a $1 billion greenbond. We're rolling it out now. By the middle of this year, it'll be up and running, full go.
The Swedish city of Gothenburg published the last iteration of its GreenBond Framework back in 2019. [9] The Swedish city of Gothenburg published the last iteration of its GreenBond Framework back in 2019. [9] To deliver ambitious environmental goals, Gothenburg uses greenbonds to raise necessary funds.
Green finance – typically global bond, loans, and other long-term markets – has reached almost US$2 trillion in volume. Annual greenbond issuance broke through the half trillion mark for the first time, ending 2021 at US$522.7 billion, a 75% increase on prior year volumes, according to the Climate Bonds Initiative.
In financial markets, we’ve seen a significant increase in the issuance of green, social and sustainability bonds – according to a 2020 IFC report , “social bond issuances increased eightfold over 2019, sustainability bond issuances increased by a factor of three over 2019, and greenbonds broke $1 trillion in cumulative issuances.”
Roadworks ahead With global expertise in engineering and infrastructure, Hatch warns that transporting large numbers of huge wind turbines around Australia will prove a major logistical exercise requiring big spending to bring our current road network up to standard. People can’t support what they’re not seeing.
Sustainable fuel producer Neste announced that it has raised 700 million (USD$765 million) in a greenbond offering, with proceeds aimed at supporting the expansion of its Rotterdam refinery, set to become the largest renewable diesel and sustainable aviation fuel (SAF) facility in the world, according to the company.
The pandemic didn’t stop Verizon from advancing its sustainability strategy significantly over the past 12 months, with a pledge to become carbon neutral by 2035 and the pricing of a second $1 billion greenbond meant to support the construction of renewable energy resources for its telecommunications networks.
Singapore's finance sector is reducing support for coal-related businesses, in favour of greenbonds and ESG investing. There are both government-led and ground-up campaigns to encourage Singaporeans to improve energy efficiency and reduce waste.
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