Lenovo Included in Bloomberg MSCI Green Bond Index for the First Time

Lenovo Group is pleased to report that its green bond has been included in the Bloomberg MSCI Green Bond Index, one of the most important global benchmarks for institutional Environmental, Social, Governance (ESG) funds. Bloomberg MSCI Green Bond Indices offer investors objective and robust measure of the global market for fixed income securities issued to fund projects with direct environmental benefits. The index inclusion is evaluated by an independent research-driven methodology and criteria, and the securities must be rated investment grade. Currently, Lenovo’s green bond is rated “Baa2” by Moody’s…

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Wagamama To Replace Up to 330 Tonnes of Virgin Plastics in Takeaway Packaging

With the world continuously swamped under mountains of plastic waste, more companies are innovating and implementing solutions in a bid to mitigate the climate crisis and tackle increasing plastic pollution. Wagamama will remove up to 330 tonnes of virgin plastics from the supply chain by launching a new cPET packaging solution for its takeaway food that will see the packaging of its most popular dish – the katsu curry – reduce its carbon footprint by 62 per cent. The restaurant chain started to roll out its latest sustainability offering this…

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Co-op to ‘clear’ shelves of all coloured milk bottle tops to increase recyclability

Co-op has committed to removing all coloured milk bottle caps from its shelves, the convenience retailer has confirmed, delivering ‘clear’ benefits for the recyclability of the lids. Shoppers are soon set to see clear caps on all Co-op’s skimmed, semi-skimmed and whole milk across all its stores in towns, villages and cities across the UK. Clear bottle tops reduce colour contamination in the high-density polyethylene (HDPE) stream, allowing materials to be recycled more easily into food-grade packaging. The move follows successful consumer trials on semi-skimmed milk in more than 400…

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IFC Launches New Platform to Bolster Venture Capital Ecosystems in Africa, Middle East, Central Asia, and Pakistan

To help build the digital economy in Africa, Middle East, Central Asia, and Pakistan, IFC has launched a new $225 million platform to strengthen venture capital ecosystems and invest in early-stage companies addressing development challenges through technological innovations in climate, health care, education, agriculture, e-commerce, and other sectors. In 2021, these regions collectively received less than 2% of $643 billion of global venture capital funding. Access to capital has been exacerbated by a slowdown in global venture capital investment, the COVID-19 pandemic, the rise in food and supply chain costs,…

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XPO Logistics Releases 2022 Sustainability Report

XPO Logistics, Inc., a leading provider of freight transportation services, today announced the release of its fourth annual sustainability report. The 2022 report details the company’s ESG progress from January 1, 2021 to December 31, 2021. It includes an overview of the company’s sustainability initiatives, as well as data on more than 60 performance indicators. Brad Jacobs, chairman and chief executive officer of XPO Logistics, said, “Our updated Sustainability Report shows how our performance in 2021 aligns with our core values – safe, inclusive, innovative, entrepreneurial and respectful. With the…

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