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Energy provider Ørsted announced today its first-ever blue bonds offering, raising €100 million with proceeds aimed at financing the company’s ocean biodiversity and sustainable shipping initiatives. Our ambition is that our blue bonds will seed momentum to attract more investment and unlock the potential of a sustainable blue economy.”
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Amazon Launches Carbon Credit Investment Service SBTi Releases Initial Draft of New Corporate Net Zero Standard Nordea Signs 68,000 Tonne Carbon Removal Agreement UBS Pushes Back Net Zero Target by 10 Years Following (..)
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
invests over $1 billion in carbon removal projects; BlackRock, New Zealand partner to launch climate infrastructure fund; California launches clean hydrogen strategy; Fitch study finds greenbond allocations overlooking climate adaptation; Goldman invests in U.S.
Ujala Qadir, Director of Strategic Programmes at the Climate Bonds Initiative, explains why the organisation has expanded its greenbond taxonomy to cover climate resilience. The market has matured as investors, issuers and other market participants have become more familiar with labelled debt,” she told ESG Investor.
Lenovo is also working with its supply chain to use sustainable biofuels in our ocean shipping with Maersk. Lenovo is paving the way for future environmental improvements with a $625 million greenbond offering to help fund sustainable building initiatives. Sustainability cannot be viewed as the enemy of business performance.
times higher than the UK's own greenhouse gas emissions (excluding aviation and shipping). Finance climate action Financing climate action can take many forms, such as greenbonds or sustainability-linked loans. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8
NGOs filed a lawsuit at the European Court of Justice (ECJ) in Luxembourg, on grounds that labelling the aviation and maritime sectors as environmentally sustainable would “send completely the wrong signal to investors” – noting that today’s planes and ships would pollute the climate for decades into the future.
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Alaska Airlines Ends Use of Plastic Cups on Flights BMW Reduces Vehicle Fleet Carbon Emissions by 9% in 2022 Guest Post: ESG isn’t About Altruism – it’s About Survival Lenovo, Kuehne+Nagel Partner on Solution to (..)
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements UK High Court Dismisses Climate Lawsuit Against Shell Directors Emirates Launches $200 Million Sustainable Aviation Solutions Fund Microsoft to Source Clean Energy from World’s First Fusion Power Plant Honeywell (..)
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Microsoft Signs One of the Largest-Ever Nature-Based Deals to Remove 1.5
India Prepares to Issue Inaugural GreenBond. Sustainable Bonds Hit Record Share of Global Bond Issuance: Moody’s. See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements. Lombard Odier Launches Fund Targeting Carbon Market Opportunities.
In related news, NatWest Group issued this week the first bond by a UK bank dedicated to financing and re-financing electric vehicles (EV), raising net proceeds of €750 million (US$811.4 The EV GreenBond originated from the group’s asset finance arm – Lombard.
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