Month: March 2021

Pure Strategies Launches New Self-Assessment Tool to Help Companies Set Science Based Targets for Nature

Stuart Mitchell

Pure Strategies, a pioneer corporate member of the Science Based Targets Network (SBTN) Corporate Engagement Program, today announced the launch of a new self-assessment tool designed to help companies start in building a strong commitment to protecting and restoring nature – including water, land, biodiversity, and oceans.  Nature is in crisis. Businesses impact and depend on nature and its systems. Companies that work to protect and restore nature across their value chains can realize reduced risks and greater resilience. Businesses can also build their reputation and growth opportunities with nature-positive…

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Anheuser-Busch InBev Announces 10.1 Billion USD Sustainability Linked Revolving Credit Facility

Stuart Mitchell

Anheuser-Busch InBev SA/NV have announced the successful signing of a new 10.1 billion USD Sustainability Linked Loan Revolving  Credit Facility (“SLL RCF”), which replaces its existing 9.0 billion USD Revolving Credit Facility.   This milestone facility is the largest SLL RCF in history1, and the first syndicated facility of its kind among publicly listed  companies in the alcohol beverage sector2. The facility has an initial five-year term (which may be extended by an  additional two years), and incorporates a pricing mechanism that incentivizes improvement in the following four key  performance areas,…

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Pine Gate Renewables Plants Sustainable Future Through New Partnership With the Arbor Day Foundation

Stuart Mitchell

Pine Gate Renewables, a leading national utility-scale renewable energy developer, and the Arbor Day Foundation have announced a new partnership to replant trees impacted as a result of project development. Starting in 2021, Pine Gate will plant two trees for every one that is removed from their sites during new project construction. Through its partnership with the Arbor Day Foundation, Pine Gate is focused on making a positive impact through both the expansion of renewable energy across the country and through the support of local community environmental initiatives. “Solar power…

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Novartis and the Bill & Melinda Gates Foundation Collaborate to Discover and Develop an Accessible in Vivo Gene Therapy for Sickle Cell Disease

Stuart Mitchell

Novartis has announced that it has entered into a grant agreement with the Bill & Melinda Gates Foundation. As part of the agreement, the foundation will provide funding support for the discovery and development of a single-administration, in vivo gene therapy to cure sickle cell disease (SCD). The project brings together Novartis drug discovery and gene therapy expertise with the Gates Foundation’s charitable objectives to expand access to healthcare in low-resource settings in an effort to address this potentially life-threatening genetic disease. “Existing gene therapy approaches to sickle cell disease…

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3M amplifies sustainable business action through United Nations Global Compact sponsorship

Stuart Mitchell

In September 2020, 3M became a Patron Sponsor of the United Nations Global Compact (UNGC) SDG Ambition. The SDG Ambition is a UNGC Global Impact Initiative aimed at helping companies integrate the United Nations’ Sustainable Development Goals (SDGs) into core business objectives, and thereby advance sustainable impact and global progress against the goals. As a next step in this sponsorship, 3M, in collaboration with the UNGC, SAP and Accenture, is pleased to announce the launch of the SDG Ambition Accelerator Program. The Accelerator is a facilitated learning course that challenges and supports participating companies in setting ambitious corporate sustainability goals and accelerating the integration of the SDGs into core business management. “3M is pleased to partner…

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