NGOs are seen as more likely than media, government and business to be reliable sources of information, a new report shows. The 2023 Edelman Trust Barometer, produced by global PR firm Edelman, surveyed 32,000 people in 28 countries in November 2022. Globally, 51% said they thought of NGOs as a reliable source of trustworthy information, while 29% said they were likely to provide false or misleading information. Businesses were also seen as good sources of information, with 48% considering them reliable. More people thought governments were a source of false…
Read MoreDay: 15 March 2023
Pinsent Masons advises NatWest in its first sustainability linked asset-based lending facility
Multinational law firm Pinsent Masons has advised NatWest in its first sustainability linked asset-based lending (ABL) facility to Recycling Lives, a UK recycling and waste management business. Recycling Lives turned to NatWest for a new financing package for refinancing and working capital purposes, working with their board of investors, Three Hills Capital Partners, and EY. This facility provides liquidity for Recycling Lives growth plans while reflecting commitment to help build a greener and fairer economy. The NatWest team structured a £40.3 million ABL facility to provide liquidity to refinance existing…
Read MoreBusinesses, entrepreneurs, green growth groups and leading climate NGOs welcome EU Green Deal Industrial Plan and call on bloc to increase its speed, scale and focus
Over forty organisations representing business innovation, green growth associations, clean tech entrepreneurs, think-tanks, institutes and NGOs are calling on the EU to make a success of the proposed Green Deal Industrial Plan. Read the letter In a letter to EU leaders, signatories offer guidance and call for rapid action on ten priority measures before this week’s Special European Council meeting which will help chart the EU response to the US Inflation Reduction Act (IRA). Together these suggested measures can ensure public funding is accessed more quickly across all EU budget…
Read MorePurina donates 1 million pet food pouches to help families in need
Purina Petcare, Europe’s leading pet care company, is donating 1 million pet food pouches from its Felix and Gourmet ranges to Community Shop, a social enterprise supermarket, which sells food to its members at heavily discounted prices. It comes at a time when support for pet owners is more important than ever and will help to feed much-loved pets in families who are on the cusp of food poverty, while making sure that perfectly good products don’t go to waste. Purina has donated to Community Shop in the past, most…
Read MoreAirbus joins forces with New Zealand’s hydrogen ecosystem partners
Airbus and Air New Zealand’s partnership on hydrogen-fuelled aviation is entering a new phase by welcoming the country’s key “hydrogen ecosystem” players. The resulting consortium will pave the way to further act upon New Zealand’s – and also the wider aviation industry’s – collective ambition towards decarbonisation. Ultimately, the partners will evaluate the means of deploying hydrogen hubs at airports, starting with the case study at Christchurch. If successful, commercial hydrogen-powered aviation could be extended to cover the entirety of New Zealand’s domestic network. The additional participants to the consortium…
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