Day: 18 October 2024

IFC Unveils a New Initiative to Help Financial Institutions in Europe Manage Climate Risks

Stuart Mitchell

A pioneering initiative that will help equip financial institutions with knowledge, tools, and skills to manage climate-related risks is being launched in Europe by IFC. Climate-related disasters across Europe caused losses of about €650 billion, or around €15.5 billion per year from 1980 to 2022. Losses of financial institutions have also been significant. The World Bank’s global research shows that non-performing loans ratios are estimated to increase by 0.37 percentage points after severe climate and environmental disaster episodes. The region’s projected climate change impacts call for urgent action to improve…

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Berry White Paper Offers Key Considerations for Industrial Stretch Film Solutions

Stuart Mitchell

A new white paper from Berry Global offers insights on how to balance the drive towards more sustainable industrial stretch films while delivering the required levels of performance and reliability for every application. Businesses across all sectors are seeing increasing demand for more sustainable transit packaging. However, while this drive for sustainability is important, it is equally essential to acknowledge that stretch film’s primary function remains to provide load stability and protect against dust, dirt, and moisture. The paper discusses some of the main issues that need to be addressed…

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Vattenfall sets circular economy target for permanent magnets

Stuart Mitchell

Vattenfall has announced its commitment to achieving 100% circular outflow of permanent magnets from their wind farms decommissioned from 2030 onwards. This initiative marks Vattenfall as the first developer to commit to a detailed circular economy target for these crucial components. Permanent magnets are integral to wind turbine functionality, especially for direct drive turbines, and depending on size, turbines are housing between one to eight tons of these magnets. The amount of 1 ton of permanent magnets would be sufficient for use in approximately 20,000 standard home loudspeakers. These magnets…

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CAP – Ensuring your financial ads are on the money

Stuart Mitchell

The ASA/CAP have released a post called: Ensuring your financial ads are on the money. 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. Financial ads referred to the ASA in the past few years have risen year on year and so getting ads for financial products right has never been more important. Know who you are dealing with. Non-broadcast ads for products regulated by…

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easyJet study reveals airspace modernisation could save 18 million tonnes of CO2 a year from European aviation

Stuart Mitchell

In an industry first, easyJet has calculated the impact inefficient airspace across Europe is having on CO2 emissions, in a bid to finally evidence why reform is so badly needed and long overdue. Using AI, the airline monitored every single one of its flights over a 12-month period* to understand how airspace inefficiency is impacting its operations and therefore the operations of airlines across Europe. The results revealed that airspace inefficiencies increased CO2 emissions by 10.62% – equivalent to 663,710 tonnes CO2 – all because of the current airspace regime…

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