Amcor’s FY25 Sustainability Report showcases progress, leadership and innovation

Amcor, a global leader in developing and producing responsible packaging solutions, released its fiscal year 2025 (FY25) Sustainability Report highlighting progress across key areas of its sustainability agenda and shaping the future of packaging following the completion of its transformative combination with Berry Global. “This year marks a turning point for Amcor,” said Amcor Chief Executive Officer Peter Konieczny. “With industry-leading innovation, global scale and deep packaging expertise, the new Amcor is uniquely positioned to deliver breakthrough solutions and advance a circular packaging future.” During the year, Amcor continued to…

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Triodos Bank leads clean energy financing

Triodos Bank has once again been recognised as the most active clean energy arranger in terms of the total number of deals, according to independent analyst Clean Energy Pipeline. In 2024, the bank facilitated 106 deals, with a total value of $616 million, securing the top position for the ninth year. The Clean Energy Pipeline report underscores Triodos Bank’s substantial investments in renewable energy projects. With a portfolio encompassing solar, wind, and other renewable technologies, Triodos remains at the forefront of financing the energy transition.   The projects financed by Triodos…

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Watch out for misleading mini-heater ads, warns ASA

As temperatures drop, the Advertising Standards Authority (ASA) is urging people to be on high alert for misleading mini-heater ads.  With the cost-of-living crisis continuing to put pressure on households, we know that many are worried about rising heating bills. Understandably, people, particularly those who may be financially or physically vulnerable, are looking for cheaper ways to stay warm. And some advertisers are exploiting their concerns through highly misleading ads for plug-in mini-heaters.  This is an issue we’ve been monitoring closely for the past couple of years. Some of the problems we’ve seen include:   Claims that mini-heaters are more efficient than other home heating methods, without evidence.  Suggestions a mini-heater is a cheaper alternative to central heating, when this isn’t the case.  Exaggerations about a mini-heater’s capabilities or performance.  These ads often appear more frequently during the colder…

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Iberdrola issues €1 billion in the first EU Green hybrid bond

Iberdrola has returned to the capital markets, this time to refinance a hybrid bond maturing early next year. The company has placed €1B in green hybrid bonds, as reported to the Spanish National Securities Market Commission.  Like all the hybrids it issues, the bond is perpetual but has a repurchase option that begins in August 2031. The coupon was set at 3.75%, making it the lowest of all the hybrids issued this year, and also the lowest in this type of transaction since March 2022. As it did with its…

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Mr Kipling invests £2.1 million in solar farm at Carlton bakery

Mr Kipling’s iconic cakes could soon be mixed by the sun, thanks to a two-year £2.1 million investment at Premier Foods’ Carlton Bakery. The site, a major local employer and longstanding part of the community for over 50 years, is now home to a new solar energy farm following a major investment by the company. Installed on vacant land within the site, the 2.2MW solar farm spans 2.9 hectares and features 3,500 panels. Once fully operational next month, when the sun is shining it will have the potential to supply…

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