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Month: October 2023

Lotus Technology releases first ESG report, targets carbon neutrality by 2038

Lotus Technology releases first ESG report, targets carbon neutrality by 2038

Lotus Technology Inc., a leading global luxury electric vehicle maker, has released its first annual Environmental, Social, and Governance (“ESG”) Report. The report documents the Company’s ESG strategy and highlights its 2022 ESG achievements as part of Lotus’s advancement into a fully electric, intelligent, and sustainable luxury mobility provider under the brand’s Vision80 strategy. Lotus Tech’s […]

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Green Construction to Create $1.5 Trillion in Investment Opportunities in Emerging Markets – World Bank’s IFC

Green Construction to Create $1.5 Trillion in Investment Opportunities in Emerging Markets – World Bank’s IFC

Building Green Could Reduce Carbon Emissions from Construction by 23 percent The transition to green construction could help reduce global carbon emissions in construction value chains by about 23 percent by 2035, with emerging markets accounting for about 55 percent of this projected reduction, according to a new IFC report. Construction value chains, including the […]

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Air Liquide, Vattenfall Sign 115 MW Renewable Energy Deal in Benelux

Air Liquide, Vattenfall Sign 115 MW Renewable Energy Deal in Benelux

Industrial gases and services supplier Air Liquide and Sweden-based electricity and heat provider Vattenfall signed a new Power Purchase Agreement (PPA) for 115 MW of renewable installed power capacity in Benelux. The new PPA marks Air Liquide’s second major renewable energy agreement in Benelux, bringing the renewable power capacity available to the company in the region to […]

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EY and SAP Forge Global Sustainability Alliance to Drive Value-Led Action

EY and SAP Forge Global Sustainability Alliance to Drive Value-Led Action

Global collaboration will enable clients to align carbon footprint and financial data for streamlined reporting and enhanced operational performance, as well as to navigate rapidly changing tax regulations and leverage incentive opportunities Expanded alliance plans to have a focused go-to-market approach to help drive rapid adoption The EY organization announced an expanded alliance with SAP […]

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AI-Based Climate Tech Startup Overstory Raises $14 Million

AI-Based Climate Tech Startup Overstory Raises $14 Million

Climate tech startup Overstory announced that it has raised $14 million, with proceeds aimed at helping the company develop its AI-based product to reduce the risk of wildfires and power outages. Founded in 2018, Amsterdam-based Overstory offers predictive AI-based technology for utilities that provides tree-level insights about vegetation, to help mitigate wildfires, protect biodiversity, and […]

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Caterpillar Appoints George Moubayed as Chief Sustainability Officer

Caterpillar Appoints George Moubayed as Chief Sustainability Officer

Leading construction and mining equipment, engine, turbine and locomotive manufacturer Caterpillar announced today the appointment of George Moubayed as Chief Sustainability and Strategy Officer. Moubayed has been with Caterpillar for over 25 years, joining the company in 1997 as a marketing representative. Most recently, he has been serving as Senior Vice President, responsible for the […]

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MSCI to Advance Clarity in Carbon Markets with Acquisition of Trove Research

MSCI to Advance Clarity in Carbon Markets with Acquisition of Trove Research

Move will deliver expanded climate solutions and bring transparent, credible insights onvoluntary carbon markets for corporates, institutional investors and other capital marketparticipants. Reinforces MSCI’s commitment to drive clarity around climate investing through high quality,innovative data and insights MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment […]

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Green Home Energy Startup myenergi Raises $37 Million

Green Home Energy Startup myenergi Raises $37 Million

Smart home energy technology startup myenergi announced today that it has secured a £30 million (USD$37 million) from energy transition-focused venture capital investor Energy Impact Partners (EIP), with proceeds to be used to support the company’s growth and internationalization. Founded in 2016, UK-based myenergi manufactures smart home energy devices aimed at enabling users to increase […]

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