Day: 30 May 2024

Harmony Energy receives £10m credit facility from Triodos Bank UK

Stuart Mitchell

Battery storage developer Harmony Energy has received new finance from leading sustainable bank, Triodos, to support the development of new projects and its expansion across Europe. The credit facility of up to £10m will be used by Harmony Energy to help accelerate development activities. Harmony Energy develops, owns and operates utility-scale battery energy storage systems (BESS), solar farms and wind assets across Europe and New Zealand. It currently has 516MW (1.032GWh) of BESS operational capacity (across the group, including the listed business, Harmony Energy Income Trust Plc), with a further…

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UNHCR launches fund to shield refugees and other displaced people from climate shocks

Stuart Mitchell

UNHCR, the UN Refugee Agency, today launched the UNHCR Climate Resilience Fund, seeking to boost the protection of refugees and displaced communities who are most threatened by climate change. As part of its work to protect and assist more than 114 million people who have been forced to flee, UNHCR already seeks to build people’s resilience and reduce their vulnerability to risks, including the impact of climate change. For the first time, the Fund will exclusively target financing efforts to protect the most threatened displaced communities, equipping them to prepare…

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CAP – Can we get some privacy? A guide to the privacy rules

Stuart Mitchell

The ASA/CAP have released a post called: Can we get some privacy? A guide to the privacy rules.  I have enclosed the text of the link below, but please have a look at the ASA/CAP site as there are lots of things of interest to anyone with an interest in Ethical Marketing. Everyone values their privacy, from high street consumers to members of the Royal Family. These concerns are reflected to some extent in law and also in the privacy rules in Section 6 and Section 10 of the CAP…

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Marriott International Celebrates Milestone on Journey Towards Net-Zero

Stuart Mitchell

Marriott International, Inc. has verified its near and long-term science-based emissions reduction targets with the Science Based Targets initiative (SBTi). SBTi is a global climate action organization that develops tools that allow businesses to set greenhouse gas (GHG) emissions reduction targets in line with data-driven methodology. Marriott is the largest global hospitality company to receive approval for both near-term and long-term science-based targets. The company has committed to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Marriott also commits to reduce absolute…

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FCA confirms anti-greenwashing guidance and proposes extending sustainability framework

Stuart Mitchell

Ahead of the anti-greenwashing rule coming into force on 31 May, the FCA is supporting industry with guidance to help them meet the standard. The new rule is designed to protect consumers by ensuring sustainable products and services they are sold are accurately described. Results from the latest Financial Lives survey shows significant consumer interest in sustainable finance as 81% of adults surveyed would like their investments to do some good as well as provide a financial return. This work supports the long-term growth and competitiveness of the sector by helping businesses…

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