Day: 4 February 2021

New CAD 1bn CAB 2028 Is the Largest-ever Maple Green Bond

Stuart Mitchell

On Thursday, January 14, the European Investment Bank (EIB) issued a CAD 1bn 7-year Climate Awareness Bond (CAB). Paying a semi-annual coupon of 1%, the issue offers a yield of 1.003% and a spread of 47.3bp over the 7-year Canadian Government Benchmark (1% June 2027). A CAD 7-year benchmark CAB for the EIB was announced in the early afternoon in Canada on Wednesday, January 13. The orderbook was formally opened in the morning of Thursday, with indications of interest already in excess of CAD 1bn. The spread was then set…

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Aldi Is First To Scrap Plastic Shrink Wrap On All Multipack Soft Drink Cans

Stuart Mitchell

Aldi is the first UK supermarket to stop using plastic shrink-wrapping on its own-label multipack soft drink cans. The UK’s fifth-largest supermarket has replaced all plastic on its soft drink cans with 100% recyclable, FSC-certified cardboard, saving over 90 tonnes of plastic each year. The move will mean that nearly 11 million packs of Aldi’s 330ml cola, orangeade, lemonade and tropical drinks will switch to packaging that’s widely recyclable throughout the UK. By the end of this year, this will have rolled out across all own-brand beer and cider products…

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Envision Virgin Racing Partners with UK Together for our Planet to inspire EV revolution ahead of COP26

Stuart Mitchell

Leading motorsport team Envision Virgin Racing has partnered with the Together for Our Planet campaign to encourage global action against climate change ahead of COP26. The team, currently the only carbon neutral team in the electric Formula E race series, are also aiming to encourage the acceleration to zero emission vehicles for all road users. The team’s two fully-electric race cars – capable of speeds of more than 150mph – will carry the ‘Together for Our Planet’ and UK Government branding as it competes this season, beginning next month in…

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Carbon Trust launches Energy Efficiency Accelerator for ASEAN food and beverage companies

Stuart Mitchell

The Carbon Trust has launched the UK-ASEAN Energy Efficiency Accelerator (the Accelerator) to support businesses across Southeast Asia scale up energy efficiency improvements. Set to run until March 2022 the Accelerator will primarily focus on the food and beverage sector in Malaysia, Myanmar, Philippines, Thailand and Vietnam, supporting companies at different stages of their energy management journey to help them realise the importance of energy efficiency.  The food and beverage sector has been identified for this targeted support as it is one of the most energy consuming industrial sectors in…

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PRCA launches Workplace Champions awards for 2021

Stuart Mitchell

The PRCA has launched its annual Workplace Champions awards for 2021.  PRCA Workplace Champions celebrates the leading places to work, live and thrive and in the PR industry. The awards spotlight the agencies and in-house teams that go the extra mile to establish positive and inclusive working environments that enable professionals to thrive. Organisations recognised as Workplace Champions will prove their commitment to ensuring employees feel heard, valued and respected across all levels of seniority. Teams will be judged on their commitment and performance on diversity and inclusion, as well…

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