Day: 6 January 2024

EcoVadis joins the Taskforce for Nature-related Financial Disclosures (TNFD) Forum.

Stuart Mitchell

EcoVadis has joined the TNFD Forum, a multi-disciplinary coalition of institutional supporters who share the vision and mission of the Taskforce for Nature-related Financial Disclosures. Members of the Forum will actively contribute to market adoption of an integrated nature risk management and disclosure framework that promotes better decision making for corporates and financial institutions, and builds upon the existing structure of TCFD. EcoVadis’ sustainability ratings and scorecards allow organizations to manage material nature-related risks through comprehensive insight and intelligence on corporations’ actions to mitigate the key drivers of nature and…

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Manaos and RepRisk join forces to empower informed ESG investing

Stuart Mitchell

Building on the increasing significance of reputational risks in the investment landscape around ESG matters, Manaos, a subsidiary of BNP Paribas and modular investment service platform, is delighted to announce its partnership with RepRisk, a data science company that provides transparency on business conduct risks. By integrating RepRisk’s dataset which is generated combining human intelligence and cutting-edge AI, Manaos clients are now fully equipped with robust information enabling decision-useful insights on public companies. The data is based on a transparent methodology and mapped to more than 100 ESG risk factors…

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IFC, T. Rowe Price to Create First Blue Bond Strategy to Support the Sustainable Blue Economy across Emerging Markets

Stuart Mitchell

IFC, a member of the World Bank Group, and T. Rowe Price today announced plans to create a pioneering global blue bond strategy to increase access to finance for blue projects in emerging markets and help improve market standards for the nascent blue bond market. The proposed T. Rowe Price Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue) is expected to mobilize international capital from eligible investors to support blue-labeled investments in emerging markets globally through blue bonds issued by financial institutions and real sector companies.  “The investor…

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Kraft Heinz Introduces First Fully Recyclable Ketchup Capl

Stuart Mitchell

The launch by Kraft Heinz Company of its first fully recyclable cap for its famous squeezy ketchup bottle demonstrates the collaborative achievement utilizing the innovative design and manufacturing capabilities of Berry Global in supporting retail brands with a move towards more sustainable packaging solutions. Historically, Heinz sauce bottles used a flexible silicone valve to deliver a consistent portion of sauce per squeeze, but this was -often challenging to recycle. Together with Berry Global Heinz has now switched to a mono-material cap, manufactured in PP. This means it meets requirements for…

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Co-op forges a sustainable partnership for green electricity supply in the UK

Stuart Mitchell

Co-op, one of the world’s largest consumer co-operatives, and Voltalia, an international player in renewable energies, jointly announce the signing of a 15-year Corporate Power Purchase Agreement (Corporate PPA) for the entire output of a 34-megawatt solar farm, located in North Yorkshire. Under this agreement, Co-op will source electricity for its estate, including food stores, distribution centres and Funeralcare homes right across the UK, over a 15-year period, from Voltalia’s Eastgate Solar project near Scarborough, which is set to be fully operational in 2025. Early construction works have started on…

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