Day: 14 April 2024

EcoVadis Announces 2024 Sustainability Achievement Awards

Stuart Mitchell

EcoVadis, the leading provider of business sustainability ratings, today announced the winners of its eighth annual Sustainability Achievement Awards (formerly Sustainable Procurement Awards). Winners were announced at the EcoVadis Sustain 2024 conference.  The EcoVadis Sustainability Achievement Awards recognize companies who are leading the charge in engaging and integrating sustainability into their relationships with trading partners around the globe and creating an impact through their sustainability business practices. “This year’s winners exemplify excellence and that sustainable business practices are an essential part of their business success,” said Nicole Sherwin, SVP, Executive…

Read More

Cargill shares outcome of the world’s first wind-powered ocean vessel’s maiden voyage

Stuart Mitchell

Cargill recently revealed exciting results of the six-month test period of the Pyxis Ocean, underscoring the potential for the wind assisted propulsion technology in moving the shipping industry toward renewable energy use. The MC Shipping Kamsarmax vessel retrofitted with two WindWings® -large solid wind sails developed by BAR Technologies – – has achieved performance consistent with what was predicted which is equivalent to an average of 3 tonnes of fuel per day. “We are encouraged by the results and have learned a great deal about implementing wind assisted propulsion on…

Read More

Ørsted secures first access to lower-emission heavy plate steel through MoU with Dillinger

Stuart Mitchell

Ørsted and Dillinger (Aktien-Gesellschaft der Dillinger Hüttenwerke) strengthen their partnership as the energy company secures first offer to procure Dillinger’s lower-emission heavy-plate steel for offshore wind foundations. Through the memorandum of understanding (MoU), Ørsted supports Dillinger’s efforts to drive the decarbonisation of steel production and leverages its influence to secure resilient supply chains, steel capacity, and the optionality to deliver on expected future costumer demands. Ørsted, the world leader in offshore wind, and Dillinger, the largest heavy steel plate producer in Europe, re-iterate the strength of their partnership by agreeing…

Read More

New Report Urges Fintech Firms to Target Women Customers in Emerging Markets for Financial Inclusion

Stuart Mitchell

Fintech firms could do more to intentionally target women customers in emerging markets. According to a new IFC report released today, by using business strategies informed by analyzing sex-disaggregated data, fintech firms could capitalize on the women’s market while contributing to greater financial inclusion for women. Fintech and digital financial services have been considered a game-changer for women’s financial inclusion and economic empowerment. Until now, there has been limited research that quantifies the degree to which fintech firms are actively addressing women’s financial inclusion and the specific strategies that are…

Read More

Save the Children Launches Nature-Based Solutions Hub to Help Combat Climate Crisis for Children

Stuart Mitchell

Save the Children Global Ventures has launched a Nature-based Solutions for Children (NbS4C) Hub, seeking to leverage the carbon credit market to fund community-based projects that benefit children and combat the global climate crisis. Through the NbS4C Hub, Save the Children Global Ventures is developing a portfolio of carbon projects in the Asia Pacific, including clean cookstoves in Nepal, improved water technology in Pakistan, mangrove rehabilitation in Vietnam and reforestation in the Philippines. The NbS4C team is also scoping carbon market pilots in East and Southern Africa. Save the Children…

Read More