Day: 27 December 2020

Palletforce Pledges Logistics & Financial Support To Food Aid Charities

Stuart Mitchell

EV Cargo’s Palletforce has pledged long-term support to two of the nation’s leading charities battling hunger after supporting their efforts over the last few months. The international express distribution network has committed supply chain expertise and financial support to both FareShare and the Trussell Trust after being inspired by their work and efforts to redistribute food during the COVID-19 pandemic. Over the last few months, Palletforce and its members have played a key role in the UK-wide distribution of food and grocery items donated to foodbanks as part of a…

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Barclays raises £400m through second ‘Green Bond’ issue

Stuart Mitchell

Barclays has announced that it successfully closed a £400m ‘Green Bond’ issue (the 2020 Green Bond) on 27 October – the second bond it has issued with a specific intention to support climate-related products and initiatives. The 2020 Green Bond, which matures in 2026, attracted strong institutional investor interest with orders amounting to more than £2bn (an oversubscription of five times). It will offer a yield of 1.70%. The funds raised will be allocated towards the financing and/or re-financing of mortgages on energy efficient residential properties* in England and Wales…

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Crest, Oral-B and Blend-a-med Announce the Launch of Their First Ever Recyclable HDPE Toothpaste Tubes in North America and Europe

Stuart Mitchell

Procter & Gamble Oral Care have unveiled its newest packaging innovation across its leading toothpaste brands, Crest, Oral-B and Blend-a-med. This announcement increases the level of recyclability of its toothpaste tubes, as part of the P&G Ambition 2030 commitments of achieving 100% recyclable or reusable packaging. The leading global oral care brands, Crest and Oral-B, and the European brand Blend-a-med, will start the switch in January 2021 and will continue until full conversion, by 2025. Toothpaste tubes are used by millions of consumers every day; however, its multi-material construction poses…

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Uber, Rivian, JetBlue, Cabify, and Boom Supersonic Sign The Climate Pledge

Stuart Mitchell

During Web Summit 2020, Amazon and Global Optimism announced that Boom Supersonic, Cabify, JetBlue, Rivian, and Uber have joined The Climate Pledge, a commitment to be net-zero carbon by 2040—a decade ahead of the Paris Agreement’s goal of 2050. Signatories to The Climate Pledge agree to: Measure and report greenhouse gas emissions on a regular basis; Implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions, and other carbon-emission elimination strategies; Neutralize any remaining emissions with additional, quantifiable, real,…

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Aviva calls for pension funds to be “net-zero” by 2050

Stuart Mitchell

Aviva has set a new 2050 net-zero carbon emissions target for its own auto-enrolment default pension funds. This is aligned to the Paris Agreement and the Government’s own net-zero target. Aviva is committed to making progress towards the net-zero target as quickly as possible and is exploring the feasibility of a 2030 target, in-line with the Intergovernmental Panel on Climate Change (IPCC) 1.5-degree pathway4. As part of Aviva’s strategy to achieve this, it plans to invest over £5 billion into low carbon equities and climate transition strategies across its default…

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