Month: May 2021

Orchard Street expands ESG commitment with launch of net zero carbon targets

Stuart Mitchell

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, announces an expansion of its ESG efforts through a commitment to become a net zero carbon business by 2050. Orchard Street will publish a 2030 net zero carbon transition strategy in 2021 and is beginning the net zero carbon journey immediately by targeting a 25% reduction in occupier carbon intensity by 2025. Occupier carbon emissions represent over 90% of the business’ total carbon footprint. The commitments were announced in Orchard Street’s annual 2020 Responsible Investment Report, alongside an…

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Unite Students Launch Sustainability Commitments

Stuart Mitchell

Real estate investment company Unite Students, has set a new sustainability commitment to reach net-zero carbon across its operations and construction by 2030. They published the below omn their website which explains a bit more about their plans: A commitment to “doing what’s right” is part of who we are at Unite Students. Over the years we’ve worked hard to reduce our environmental impact, support the wellbeing of our student customers, and promote access to higher education through the Unite Foundation. However even before 2020 brought us the COVID-19 pandemic…

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HelloFresh announces sustainability progress and commits to ambitious targets

Stuart Mitchell

HelloFresh, the world’s leading meal kit provider, today announced that it has exceeded its sustainability plans for 2020 and will further expand its efforts for 2021 and beyond. The recently published Sustainability Report 2020 highlights key achievements, in line with the “Sustainable Development Goals” defined by the United Nations. “In 2020, we offered our customers a safe, convenient way to source fresh ingredients when they needed it most. Our responsibility for our planet and our people has significantly increased with the size of our company, which is why we’ve continued…

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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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