Month: August 2024

The Republic of Iceland issues first sovereign gender bond

Stuart Mitchell

The Republic of Iceland issued a EUR50 million gender bond, marking a first for the sovereign debt markets. Eligible projects for the financing include the provision of decent living standards for women and gender minorities, increasing the supply of affordable housing that benefits low-income women, as well as efforts to increase maximum payments during parental leave which create incentives for both parents to make use of their equal right to paid parental leave. The bond bears a 3.4% fixed rate coupon and a 3-year maturity, and the transaction was a…

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Morrisons announces partnership with Sea Forest to fast track lower methane beef

Stuart Mitchell

Morrisons has partnered with Sea Forest, an Earthshot finalist and science-based environmental technology company, to help reduce greenhouse gas emissions from beef cattle. Sea Forest will work with Myton Food Group, Morrisons’ manufacturing arm, exclusively to supply SeaFeedTM – its methane abating livestock feed – to help fast track the introduction of lower carbon beef products such as mince, burgers, steaks and joints in Morrisons.  Approval for the process is being worked through, but if successful customers should see products on the shelf in Morrisons by 2026. The partnership supports…

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Ferrero’s 2022-2023 Cocoa Progress Report Demonstrates Commitment To Environmental Protection, Sustainable Farmer Livelihoods, And Human Rights

Stuart Mitchell

Ferrero is pleased to publish the 2022-2023 Cocoa Charter Progress Report, which outlines its efforts to create value in the cocoa sector, cocoa being one of the key ingredients in Ferrero’s products. The company aims to be a driving force in this sector where the livelihoods of smallholders and farming communities are improved, children’s rights are respected, and the environment is actively protected through sustainable agricultural practices.  In 2022-2023, Ferrero sourced 100% of its cocoa through certification and independently managed sustainability standards. Ferrero also achieved 93% traceability of sourced cocoa…

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CISL’s Investment Leaders Group announces new Senior Sponsor Co-Chairs

Stuart Mitchell

Nicolas Faller, Executive Managing Director and Co-CEO of Asset Management at UBP, and Peter Kolthof, Chief Investment Officer, PGB Pensioendiensten, have been appointed as Senior Sponsor Co-Chairs for CISL’s Investment Leaders Group (ILG).  CISL’s Investment Leaders Group are thrilled to announce the appointment of Nicolas Faller, Executive Managing Director and Co-CEO of Asset Management at UBP, and Peter Kolthof, Chief Investment Officer, PGB Pensioendiensten, as Senior Sponsor Co-Chairs for CISL’s Investment Leaders Group (ILG).  Nicolas said: “I’m extremely proud to be Senior Sponsor Co-Chair of the Investment Leaders Group with…

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Trisch L. Smith, Global Chief Diversity, Equity and Inclusion Officer at Edelman, to be honored with the 2024 Paladin Award

Stuart Mitchell

The PRSA Foundation, an independent, 501(c)(3) charitable organization dedicated to advancing diversity and inclusion within the communications profession, announced today that the 2024 Paladin Award will be presented to Trisch L. Smith, Global Chief Diversity, Equity and Inclusion Officer at Edelman. Diversity and equity champion, communications counselor, and public relations veteran are just a few words used to describe Trisch L. Smith. During her tenure with Edelman, the world’s leading global communications marketing agency, Smith has managed stakeholder outreach, strategic positioning, crisis and reputation management campaigns for a host of…

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