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Renewable energy infrastructure developer and operator Pattern Energy announced today that it has secured $11 billion in financing, consisting of a $8.8 billion in green loans and a $2.25 billion tax equity term loan facility, and that it has initiated construction on the SunZia Wind and Transmission projects, which the company described as “the largest […]
As the sun sets on 2023, Trip.com Group, a global leader in online travel services, reflects on the dynamic landscape of travel over the past year, offering insights into the trends set to shape the journey in 2024. China’s border reopening sparks global travel surge With the opening of China’s borders, travel was greatly boosted by a wave […]
The government of Canada announced the publication of its completed new standard on the availability of electric vehicles, mandating annual increases in the proportion of sales of new zero emissions light duty vehicles, including passenger cars, SUVs, and light trucks, with a target to reach 100% zero emissions vehicle (ZEV) sales by 2035. The new […]
Plastics, chemicals, and refining company LyondellBasell signed two new Power Purchase Agreements (PPA) in the U.S. with providers TotalEnergies and Industrial Sun, adding 175 MW of solar power to its procured renewable energy portfolio. According to LyondellBasell, the agreement will bring the company to 89% of its goal to procure at least 50% of electricity […]
Banks significantly exposed to high-emitting firms and households, with future climate risks underpriced and underinsured Macroprudential policy can keep systemic risk in check with existing instruments and complement microprudential efforts Strong economic dependence on natural ecosystems could exacerbate climate-related financial stability risks The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) published […]
UK-based clean energy provider Octopus Energy Group announced has announced that it has received $800 million additional investment from its existing shareholders, aimed at accelerating the company’s clean energy growth. Launched in 2016, Octopus Energy Group is now made up of 10 businesses across 18 countries, serving over 7 million customers. The new investment values […]
Trip.com Group released its annual Environmental, Social and Governance (ESG) report for the fourth consecutive year, highlighting its sustainability practices across the business. Key findings in the report reveal the preference for low-carbon products across Trip.com Group. In the past year, more than 16 million Trip.com Group customers opted for low-carbon travel options. Trip.com Group […]
Paris-based international banking and investment group Crédit Agricole announced today that it will no longer finance new fossil fuel extraction projects, and will end financing of independent producers focused exclusively on exploration or production of oil and gas. The new policies form part of a new series of measures announced by the bank, aimed at […]
For Krispy Kreme, Inc., it takes more than iconic doughnuts to “Be Sweet.” It takes an ongoing commitment to drive positive impact. To provide an update on the Company’s commitment, Krispy Kreme published its inaugural Be Sweet Responsibility Report, a detailed, data-driven analysis of the brand’s progress and future goals tied to three key pillars of responsibility: Loving […]
Climate tech startup Terrascope announced today the launch of a new module on its enterprise decarbonization platform aimed at enabling the measurement and management of Forest, Land, and Agriculture (FLAG) emissions. The forest, land and agriculture sector is one of the most significant sources of global greenhouse gas (GHG) emissions, second only to the energy […]