Day: 20 September 2023

IFC Issues CAD 1 Billion Green Bond to Fund Climate Friendly Projects in Emerging Markets

Stuart Mitchell

IFC issued a benchmark three-year green bond, raising 1 billion Canadian dollars, to unlock private investment to support climate-friendly projects in emerging markets.  The proceeds of the bond will finance eligible projects under IFC’s Green Bond Framework, including renewable energy, energy efficiency, green buildings, clean transport, and biodiversity conservation, ocean and water protection. The trade attracted orders over 1.5 billion Canadian dollars, generating strong interest from a broad range of investors from around the world, including central banks, official institutions, bank treasuries and asset managers. “The CAD 1 billion trade…

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Berry Receives Prestigious Customer Sustainability Award from Sika Corporation for 30% PCR Container

Stuart Mitchell

Berry Global recently won Sika Corporation’s first North American Sustainable Packaging Challenge. Berry’s customer, Sika, hosted a call for sustainable packaging solutions among suppliers. Berry took top marks out of a group of 20 suppliers for its proposal of a full recyclable five-gallon pail with 30% post-consumer recycled resin (PCR) featuring in-mold label (IML) decoration1. In Berry’s proposal of including 30% PCR in the pail, the customer would realize significant carbon emissions reduction based on APR data. By making the switch, Berry’s proposed solution saves 221 metric tons of greenhouse…

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September is Prostate Cancer Awareness Month

Stuart Mitchell

September is Prostate Cancer Awareness Month, a time to spread knowledge while also providing support to those affected. It is estimated that about 288,300 men will be newly diagnosed with prostate cancer this year and around 34,700 men will not survive – the most deaths from any cancer in men after lung cancer. When caught early, prostate cancer is highly treatable, which is why the American Urological Association (AUA) and Urology Care Foundation are using September to raise awareness about the disease and encourage men to know their risk and…

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Corporate climate action accelerated in 2022, with an 87% increase in companies setting science-based targets

Stuart Mitchell

The Science Based Targets initiative (SBTi) reported a sharp rise in companies setting science-based targets in 2022, with 87% more having their targets validated (1,097), more than the entire previous seven years combined (1,082). In the SBTi Monitoring Report 2022, Japan emerged as a leader, with more companies setting targets there than in any other country. Companies with science-based targets represented 40% of the NIKKEI index by the end of 2022. Asia showed strong growth overall with a 127% increase in companies setting a science-based target in 2022. China experienced…

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Ella’s Kitchen & RSPB help restore 30 million sq. feet of wildflower meadows by 2030

Stuart Mitchell

Ella’s Kitchen, the UK’s most loved kids’ food brand and certified B-Corp, is committed to bold, measurable action to tackle climate change and protect nature for future generations. That’s why Ella’s Kitchen is partnering with the RSPB to protect and restore 30 million square feet of nature-rich wildflower meadows and grassland across RSPB reserves by 2030. A pipeline of projects has been planned from 2023 – 2030 to maintain and restore these vital landscapes and protect the homes of birds, bees and bugs.  Why wildflower meadows?   Wildflower meadows and grasslands are…

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