Day: 25 May 2021

LDH partnership with FareShare sees 1 million meals worth of surplus food diverted to frontline charities

Stuart Mitchell

A partnership between tinned food importer LDH (La Doria) and FareShare has seen more than 430 tonnes of surplus food – equivalent to one million meals – saved from waste and redistributed onto frontline charities across the UK.  “It is a great privilege to be associated with FareShare and the vital work they do in providing food to vulnerable children and families. LDH (La Doria) Ltd is proud that the milestone of having donated products that have helped to provide 1 million meals has been reached, and we look forward to our continued…

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Legal & General and Believe Housing complete £85m sustainability-linked private placement

Stuart Mitchell

LGIM Real Assets (Legal & General) has provided £85 million in long-term financing to believe housing, one of the largest affordable homes providers in North East England. The private placement demonstrates Legal & General’s on-going commitment to a wider ESG and decarbonisation agenda, implementing a forward-thinking sustainability focused structure with pricing linked to the Company’s energy transition. The funding will support believe housing’s strategic development goal to deliver over 1,200 new affordable homes over the next five years. The housing association’s 18,000 homes cover almost 900 square miles from the…

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Chanel and the University of Cambridge announce a new partnership to focus on sustainability solutions and leadership

Stuart Mitchell

Chanel has announced a new three-year partnership with the University of Cambridge Institute for Sustainability Leadership (CISL). This unique multi-faceted partnership will combine tailored sustainability education programmes, innovative operational projects, and scholarships focused on driving greater inclusion. It will draw on expertise from across the University of Cambridge, including the Institute of Manufacturing, the Cambridge Judge Business School and its climate change initiative, Cambridge Zero to advance practical sustainability solutions to specific business and societal challenges including how to reduce and avoid carbon emissions and address biodiversity loss.  The Chanel-CISL partnership will…

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Leading investors representing $11 trillion call on banks to set enhanced net zero targets

Stuart Mitchell

A group of leading global investors has developed investor expectations for the banking sector through the Institutional Investors Group on Climate Change (IIGCC), calling on banking firms to set enhanced net zero targets for 2050 or sooner with interim targets to be included, scale up green finance and withdraw from projects that fail to meet Paris Agreement goals. The IPCC estimates that up to $3.8 trillion a year in investment is needed annually to achieve the low-carbon transition for supply-side energy system investments alone. The banking sector has a critical…

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UKSIF publishes ‘Policy Vision’ to drive forward UK leadership on sustainable finance

Stuart Mitchell

UKSIF calls on government to drive forward UK’s leadership on sustainable finance ‘Policy Vision’ outlines recommendations to promote the sector’s future success. UKSIF’s ‘Policy Vision,’ launched on 28 April, represents the UK sustainable finance sector’s new vision for strengthening the UK’s global leadership in the growing sustainable finance industry and accelerating the drive towards a more sustainable future. The Policy Vision has been published at an event to mark the organisation’s 30-year anniversary, which was joined by the Economic Secretary to the Treasury, John Glen MP, for a keynote speech.…

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