Day: 6 August 2023

AstraZeneca announces $400 million investment in reforestation and biodiversity in support of climate action and human health

Stuart Mitchell

AstraZeneca has announced a $400 million investment in its global AZ Forest programme, raising its commitment to plant 200 million trees by 2030 and ensure their long-term survival. This includes new or expanded projects in Brazil, India, Vietnam, Ghana and Rwanda that will contribute to the Company’s climate action, restore nature, promote biodiversity and build ecological and community resilience, spanning over 100,000 hectares worldwide. The investment builds on AstraZeneca’s initial AZ Forest commitment, announced in 2020, to plant and maintain more than 50 million trees by the end of 2025…

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Global launch: New VCMI Claims Code to accelerate corporate use of voluntary carbon markets as part of net-zero pathways

Stuart Mitchell

 The Voluntary Carbon Market Integrity Initiative has published its Claims Code of Practice, which will give companies a rulebook to follow for making credible climate claims, helping to build market confidence in how they engage with VCMs.  The VCMI is supported by a broad range of international organizations, governments, companies, NGOs and civil society, and the rulebook has been broadly welcomed by climate experts around the world. The Claims Code fills a critical gap, bringing integrity to the demand-side of VCMs. It clarifies the complex landscape of voluntary carbon markets…

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Olam Agri’s Seeds for the Future Wins Sustainability Initiative of the Year Award 2023

Stuart Mitchell

Olam Agri in Nigeria, a leading agribusiness in food, feed and fibre, has been recognised for its impactful sustainability investment. The agribusiness’ Seeds for the Future (SFTF) initiative emerged as a Sustainability Initiative of the Year at the African Food Awards 2023, held on June 16 in Nairobi, Kenya. The Africa Food Awards recognises and celebrates the best companies and individuals in Africa’s rising food manufacturing, retail, academia, and food service sector. The awards celebrate excellence and encourage adopting world-class practices and technologies in Africa’s food manufacturing, retail, and service…

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Walking With The Wounded partners with Currensea to launch new debit card to drive donations for veterans during cost of living crisis

Stuart Mitchell

Walking With The Wounded, a charity to help injured British Armed Forces veterans in their career transition from the military to civilian life, has launched a debit card in partnership with Currensea, enabling supporters to make charitable donations each time they spend at home or abroad, boosting donations during the cost of living crisis. The new Walking With The Wounded (WWTW) Currensea card links to supporters’ existing bank accounts and will be available to both members and supporters wishing to donate to WWTW. Donations can be made by rounding up…

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RES And SCR Partner With Alingsås Energi To Build New Battery Storage In Sweden

Stuart Mitchell

Global renewable energy company, RES and large-scale battery storage developer, SCR have partnered up to deliver Alingsås municipality’s first large scale battery project. The 17 MW/MWh battery storage marks the second collaborative project between RES and SCR following the successful development of the Elektra storage project in Landskrona. Magnus Mattsson, Commercial Manager at RES – Nordics commented: “The need for energy storage is heavily increasing in Sweden and projects such as this one in Alingsås and Elektra in Landskrona are game changers for smarter energy systems. RES has worldwide experience…

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