The CSRD (Corporate Sustainability Reporting Directive) in the EU reforms and significantly expands the reporting obligations of companies. It extends the reporting requirements and makes it compulsory for big to small and medium-sized enterprises based on a harmonized reporting.
One of the first companies to make an explicit link between sustainability and innovation was Nike — when it promoted its former CSO, Hannah Jones, to lead the company’s business model incubator Valiant Labs in July.
Officials from Consumers Energy today presented General Motors with a payment worth over $2.8 million for energy-saving upgrades at the automaker’s Flint facilities that benefit the planet and Michigan’s prosperity.
“General Motors has made a commitment to sustainability, and we are pleased to work with them to take actions that are good for their customers and all of Michigan,” said Brian Rich, Consumers Energy’s senior vice president for customer experience.
Boeing will begin offering airlines and operators the option of powering their new commercial jet with biofuel for the flight home. The program is designed to further spur the use of sustainable aviation fuels – which cut emissions up to 80 percent – and support the aviation industry’s drive to protect the environment.
Duke Energy Progress, a subsidiary of Duke Energy (NYSE: DUK), has completed its first issuance of $600 million in green bonds that will finance eligible green energy projects, including the development, construction and procurement of solar generation in the Carolinas.
This International Women’s Day and every day, we have the responsibility and opportunity to break down gender barriers that stifle progress and hinder innovation. It’s up to all of us to #balanceforbetter.
Alex Keros, Smart Cities Chief at GM Urban Mobility/Maven, recently published a LinkedIn post around our commitment to sustainable and livable cities, further emphasized by Maven’s signing of the Shared Mobility Principles.
Lloyds Banking Group has served Britain for more than 250 years, across every community, and millions of households. Its success is interwoven with the UK’s prosperity and it aims to Help Britain Prosper by operating as a responsible, sustainable and inclusive Group.
Food giants have been investing increasingly in vegetarian and vegan brands this year, as plant-based food sales grew 20 percent to $3.3 billion in 2018, according to data from Nielsen and the Plant Based Foods Association.
The company hasn’t decided on brand names, whether to target food-service or retail, or what kind of protein it will use. But it says the move is part of a necessity for agriculture to evolve. Agriculture -- as one of the world’s biggest sources of global greenhouse gas emissions -- faces significant supply threats in a warming world.
Xylem Inc. has announced execution of its new $800 million Senior Unsecured Revolving Credit Facility. With this transaction, Xylem has replaced its five-year $600 million revolving credit facility, while adding a sustainability-linked pricing mechanism to the new facility. The deal is one of the first sustainable improvement loans in the U.S. and the first in the General Industrial Sector. The interest rate is index-linked to Xylem’s overall sustainability performance as rated by Sustainalytics, a leading independent global provider of environmental, social and corporate governance (ESG) ratings. Improvements in Xylem’s sustainability performance will reduce interest rates under the facility.
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