Month: February 2022

Virgin Atlantic’s mission to net zero by 2050

Stuart Mitchell

Virgin Atlantic has announced ambitious carbon targets as the airline renews its mission to achieve net zero by 2050. Reinforcing its commitment to embed sustainability through innovation, transparency and accountability to do more for the protection of the planet. Carbon targets The airline’s new targets set a clear pathway to net zero by 2050, to achieve[1]: By 2026: 15% gross reduction in CO2/RTK achieved through continued fleet transformation and operational efficiency By 2030: 15% net reduction in total CO2 emissions, including 10% of fuel sourced from sustainable aviation fuel By…

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WSP USA Elevates Innovation With Emerging Growth Partnership Program

Stuart Mitchell

WSP USA, have announced the selection of four technology firms – Bayotech, Bundle, DisasterTech and Sphera – to join Cohort 1 of the firm’s new Emerging Growth Partnership Program (EGPP). The focus of this first cohort is Climate, Resilience and Sustainability (CRS), with the intent to focus future cohorts on other WSP target markets. WSP’s Energy (Bayotech), Property and Buildings (Bundle) and Federal Programs (DisasterTech) business lines are co-participants in this pilot cohort being led by the CRS business line (Sphera). EGPP serves as a vehicle for WSP to forge…

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HSBC in the UK to purchase power from 100% renewable sources by 2023

Stuart Mitchell

HSBC is expanding its efforts to generate its own renewable, zero-carbon electricity in the UK through an innovative Power Purchase Agreement (PPA) with Capital Dynamics, an independent global private asset management firm and one of the world’s leading renewable energy investment managers, to develop the Sorbie Wind Farm Project in Ayrshire, south-west of Glasgow. This PPA will be HSBC’s fourth project in the UK supporting wind or solar projects, and will result in c.90% of the bank’s UK electricity being sourced from renewable projects. An additional 10% will be topped…

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ICMM makes landmark climate commitment to net zero by 2050 or sooner

Stuart Mitchell

Members of the International Council on Mining and Metals (ICMM) have committed to a goal of net zero scope 1 and 2 greenhouse gas (GHG) emissions by 2050 or sooner, in line with the ambitions of the Paris Agreement. This landmark commitment was made in an open letter signed by the CEOs of ICMM’s company members.   Rohitesh Dhawan, CEO, ICMM, said:  “As the suppliers of the minerals and metals that are critical to decarbonisation and sustainable development, we have a particular responsibility to minimise the impact of our operations on the environment. ICMM members’ collective commitment…

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BNY Mellon Wealth Management and Havas New York Partnered With Famed Photographer Nadav Kander and Emmy-Nominated Director Nadia Hallgren to Celebrate the Firm’s Influential and Philanthropic Clients

Stuart Mitchell

BNY Mellon Wealth Management (BNY Mellon WM) has collaborated with Havas New York, the North America flagship agency for Havas Creative Group, to highlight its philanthropic clients who leverage Active Wealth practices to “Do Well Better” and increase their positive impact on society. Active Wealth practices were developed by BNY Mellon WM to help clients achieve long-term financial success that stretches across market cycles and spans generations. They comprise five core principles: Invest, Borrow, Spend, Manage and Protect. The campaign, which kicked off January 31, 2022, looks to break stereotypes…

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